📣 ICICIdirect — Invest in stocks, mutual funds, IPOs, F&O and more with ICICIdirect's integrated 3-in-1 Account. Open account →
Is ICICIdirect Safe?
One Account. Infinite Opportunities.
Full-Service Broker Clients: ~19.80 Lakh+ Since 1995 NSE · BSE · MCX · NCDEX
4.6/5
Is ICICIdirect safe?
ICICIdirect is a SEBI-registered stockbroker, a member of NSE · BSE · MCX · NCDEX operating since 1995. Your shares are held by the depository (CDSL/NSDL) in your own name — not by the broker.
| Safety factor | ICICIdirect |
|---|---|
| SEBI registration | INZ000183631 |
| Exchange memberships | NSE · BSE · MCX · NCDEX |
| Year of incorporation | 1995 |
| Net worth | Not Separately Disclosed (Subsidiary of ICICI Bank Limited) |
| Latest exchange complaint ratio | 0.0031% (NSE Latest Available) |
How your money is protected
- Shares sit in your CDSL/NSDL demat account in your name — not on the broker's books.
- Investor Protection Fund at NSE/BSE covers claims if a broker defaults, up to prescribed limits.
- Quarterly settlement of running accounts is mandated by SEBI — idle funds return to your bank.
- Segregation of client funds from the broker's own funds is a SEBI requirement.
Safe broker ≠safe investment. SEBI registration protects you from broker default and fraud — not from market losses.
Compare ICICIdirect with other brokers
ICICIdirect vs Zerodha
ICICIdirect vs Angel One
ICICIdirect vs Upstox
ICICIdirect vs Groww
ICICIdirect vs Kotak Neo
ICICIdirect vs HDFC Securities
ICICIdirect vs SBI Securities
ICICIdirect vs Motilal Oswal Financial Services Limited (MOFSL)
ICICIdirect vs Paytm Money Limited
ICICIdirect vs Mirae Asset Sharekhan Limited
More about ICICIdirect
Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.