ICICI Direct
rietumu trading
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
ICICI Direct was founded in 1994 and is headquartered in India, while rietumu trading was established in 2011 and is based in Cyprus. ICICI Direct holds licences including Securities and Exchange Board of India (SEBI), while rietumu trading is regulated by Financial Conduct Authority (FCA) among others. ICICI Direct serves 2,000,000+ clients worldwide; rietumu trading has 12,000,000+. The minimum deposit is $0 at ICICI Direct and $250 at rietumu trading.
| Feature | ICICI Direct | rietumu trading |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F302 |
| Founded | 1994 | 2011 |
| Country | India | Cyprus |
| Clients | 2,000,000+ | 12,000,000+ |
Fees
Fees are a critical factor when choosing between ICICI Direct and rietumu trading, directly affecting your bottom line as a trader. ICICI Direct has a lower barrier to entry with a minimum deposit of $0 (vs $250 at rietumu trading). Neither broker charges withdrawal fees. ICICI Direct applies inactivity fees on dormant accounts; rietumu trading does not. Overall, ICICI Direct scores higher on fees in our assessment.
| Feature | ICICI Direct | rietumu trading |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ICICI Direct offers MT4, MT5, cTrader, while rietumu trading supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | ICICI Direct | rietumu trading |
|---|---|---|
| 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ICICI Direct and rietumu trading compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. rietumu trading scores higher overall in education and research.
| Feature | ICICI Direct | rietumu trading |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 rietumu trading supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). rietumu trading uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. rietumu trading scores higher on deposit and withdrawal flexibility.
| Feature | ICICI Direct | rietumu trading |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 rietumu trading offer live chat support. Both provide phone support. Email support is available at both brokers. ICICI Direct supports 13 languages and rietumu trading supports 8, giving ICICI Direct broader global reach. Both brokers are comparable on support quality.
| Feature | ICICI Direct | rietumu trading |
|---|---|---|
| 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, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |