ICICI Direct
Invast Global
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Overview
ICICI Direct was founded in 1994 and is headquartered in India, while Invast Global was established in 1960 and is based in Australia. ICICI Direct holds licences including Securities and Exchange Board of India (SEBI), while Invast Global is regulated by Australian Securities and Investment Commission (ASIC) among others. ICICI Direct serves 2,000,000+ clients worldwide; Invast Global has 10,000+. The minimum deposit is $0 at ICICI Direct and $25000 at Invast Global.
| Feature | ICICI Direct | Invast Global |
|---|---|---|
| Min. Deposit | $0 | $25000 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Australian Securities and Investment Commission (ASIC) |
| Founded | 1994 | 1960 |
| Country | India | Australia |
| Clients | 2,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ICICI Direct and Invast Global, directly affecting your bottom line as a trader. ICICI Direct has a lower barrier to entry with a minimum deposit of $0 (vs $25000 at Invast Global). Neither broker charges withdrawal fees. ICICI Direct applies inactivity fees on dormant accounts; Invast Global does not. Overall, ICICI Direct scores higher on fees in our assessment.
| Feature | ICICI Direct | Invast Global |
|---|---|---|
| Min. Deposit | $0 | $25000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ICICI Direct offers MT4, MT5, cTrader, while Invast Global supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ICICI Direct supports social and copy trading features, which Invast Global does not offer. The two brokers are closely matched on platform offering.
| Feature | ICICI Direct | Invast Global |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, Tablet & Mobile apps | MT4, |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ICICI Direct and Invast Global compare. ICICI Direct runs regular live webinars; Invast Global does not. Both provide video tutorials. ICICI Direct publishes daily market commentary; Invast Global does not. Both integrate third-party research tools. ICICI Direct maintains an archive of past webinars for on-demand viewing. ICICI Direct scores higher overall in education and research.
| Feature | ICICI Direct | Invast Global |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ICICI Direct accepts 1 of the tracked payment methods (bank transfer), while Invast Global supports 2 (bank transfer, credit/debit card). Invast Global uniquely supports credit/debit card among the two brokers. Invast Global scores higher on deposit and withdrawal flexibility.
| Feature | ICICI Direct | Invast Global |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ICICI Direct and Invast Global offer live chat support. Both provide phone support. Email support is available at both brokers. ICICI Direct supports 13 languages and Invast Global supports 2, giving ICICI Direct broader global reach. Both brokers are comparable on support quality.
| Feature | ICICI Direct | Invast Global |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce | English, and Chinese |