Broker comparison
ICICI Direct vs Sahi (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of ICICI Direct and Sahi from published official pricing and features — no affiliation with either broker.
| Metric | ICICI Direct | Sahi |
|---|---|---|
| Delivery brokerage | Plan-based - see official brokerage page (flat ₹20 plans available) | ₹10 or 0.05% per order (whichever is lower) |
| Intraday brokerage | Plan-based - flat ₹20 per order on current flat-fee plans | ₹10 or 0.05% per order (whichever is lower) |
| F&O brokerage | Plan-based - flat ₹20 per order on current flat-fee plans | ₹10 per order (flat) |
| AMC | ₹700 per year (₹300 for iVALUE subscribers) | ₹0 |
| Account opening | ₹0 (free); 3-in-1 account with ICICI Bank | Free (online) |
| Trading API | Breeze API — See official Breeze API page | Not Disclosed |
| Reported execution speed | Not Disclosed | P95 < 6.61 ms · mean ≈ 5.9 msself-reported |
| Algo support | Yes - via Breeze API | Not yet - public API is on the roadmap per the broker |
| Platforms | ICICI Direct web, ICICI Direct Markets app, Trade Racer | Sahi app, Sahi web, Sahi desktop |
| Best for (published) | ICICI Bank customers who want research, advisory and one integrated account. | Active F&O and intraday traders who want the lowest flat per-order fee and modern charting. |
Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.
What the published data shows
ICICI Direct has a documented public API; Sahi does not (at review time). Sahi publishes an execution-speed figure; ICICI Direct does not on verifiable sources.
Tools & profiles
- ICICI Direct full profile
- Sahi full profile
- ICICI Direct brokerage calculator
- Sahi brokerage calculator
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Frequently asked questions
ICICI Direct vs Sahi: which has lower delivery brokerage?
At our last review, ICICI Direct published delivery brokerage as "Plan-based - see official brokerage page (flat ₹20 plans available)" and Sahi as "₹10 or 0.05% per order (whichever is lower)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.
Does ICICI Direct or Sahi have a trading API?
ICICI Direct has a documented API (Breeze API). Sahi had no verifiable public API on its official site at review time.
Which is faster — ICICI Direct or Sahi?
Sahi publishes P95 < 6.61 ms · mean ≈ 5.9 ms. ICICI Direct has no verifiable execution-speed figure we could cite.
Are these comparisons independent?
Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.
Sources
- ICICI Direct - official website - https://www.icicidirect.com
- ICICI Direct - official pricing - https://www.icicidirect.com/brokerage
- Sahi - official website - https://www.sahi.com
- Sahi - official pricing - https://www.sahi.com/pricing