Broker comparison

ICICI Direct vs Sahi (2026): Brokerage, API, AMC & Execution Compared

Q: ICICI Direct vs Sahi: which has lower delivery brokerage?

At our last review, ICICI Direct published delivery brokerage as "0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans)" 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.

Q: 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.

Q: 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.

Q: Is ICICI Direct cheaper than Sahi?

On our four example trades (intraday, delivery, options and futures), ICICI Direct is cheaper on 0, Sahi on 3, and 0 are tied, with the rest not modelled from published pricing. Statutory charges are identical, so any difference comes from brokerage.

Q: 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.

Side-by-side comparison of ICICI Direct and Sahi from published official pricing and features — no affiliation with either broker.

By the Indian Broker Test editorial desk · Published 8 July 2026 · Data last reviewed 14 November 2026 · Independent

0 – 3Cheaper on example trades (ICICI Direct – Sahi)
4 – 4Published features (of 9)

ICICI Direct vs Sahi — published pricing and features (official sources at last review)
Metric	ICICI Direct	Sahi
Delivery brokerage	0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans)	₹10 or 0.05% per order (whichever is lower)
Intraday brokerage	0.029% per order on MoneySaver; ₹20 per order with an iValue subscription	₹10 or 0.05% per order (whichever is lower)
F&O brokerage	MoneySaver: futures 0.029%, options ₹49 per lot; ₹20 per order with iValue	₹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 — Free (per official Breeze page)	Not Disclosed
Reported execution speed	Not Disclosed	P95 < 6.61 ms · mean ≈ 5.9 msself-reported
Algo support	Yes - via Breeze API	Not available - no public API on the official site
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.

Cost face-off: what real trades cost

Total charges per round trip, brokerage + all statutory charges (NSE)
Trade	ICICI Direct	Sahi	Cheaper
Intraday: ₹1 lakh buy & sell	₹104.55	₹59.37	Sahi (saves ₹45.18)
Delivery: ₹50,000 buy & sell	₹491.09	₹155.38	Sahi (saves ₹335.71)
Options: premium ₹100 × 75	Not modelled	₹42.83	-
Futures: ₹24,000 × 75	₹2,253.16	₹1,043.55	Sahi (saves ₹1,209.61)

Illustrative quantities. Try your own trade in the compare-all brokerage calculator.

Feature check

Feature	ICICI Direct	Sahi
Free delivery	–	–
Zero AMC	–	✓
Free API	✓	–
TradingView	–	–
MCX commodity	✓	✓
Mutual funds	✓	–
IPO	–	✓
Research desk	✓	–
Published speed	–	✓

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

Related comparisons

Frequently asked questions

ICICI Direct vs Sahi: which has lower delivery brokerage?

At our last review, ICICI Direct published delivery brokerage as "0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans)" 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.

Is ICICI Direct cheaper than Sahi?

On our four example trades (intraday, delivery, options and futures), ICICI Direct is cheaper on 0, Sahi on 3, and 0 are tied, with the rest not modelled from published pricing. Statutory charges are identical, so any difference comes from brokerage.

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