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Global Investment

Get access to the best Well-performing global markets through ICICIdirect. With this, you will be able to expand and diversify your portfolio with securities from these well-established markets. You can also explore more than 80 curated portfolios managed by global fund managers.

WHY INVEST IN GLOBAL MARKETS

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Geographical Diversification

Global securities give your portfolio the ultimate flexibility with diversification. With access to global markets, create a portfolio which can lower the country risk, giving you better risk-adjusted returns.

Cashless trading

Invest in Leaders & Innovators across the globe

Participate in the growth story of the Leaders & Innovators across the globe to potentially generate higher returns with your money.

Convert to delivery

Potentially higher returns to INR Depreciation

INR has historically depreciated against leading global currencies like USD, EUR, GBP etc. which adds to your portfolio returns in INR.

Advantages of ICICIdirect Global Account

seamless-account-opening
Seamless Account Opening

Complete online account opening through ICICIdirect, in a few clicks. No physical documents required.

fractional-shares
Fractional Shares

You can start by investing small amounts to buy fractional shares in the US markets.

no-minimum-balance
No Minimum Balance

Invest freely without worrying about minimum balance.

competitive-pricing
Competitive Pricing

Zero subscription plan and zero brokerage plan available.

no-minimum-balance
Award winning Platform

Get comprehensive view of your global portfolio and access to various global research reports to build investment ideas.

security
Security*

Clients’ accounts are bankruptcy remote. In addition, every customer is protected by the Securities and Investment Protection Council Insurance (SIPC insurance).

* Cash accounts are opened for the clients. Securities held in the account can’t be used for any purpose without clients’ consent. Insurance up to USD500,000 of which USD250,000 may be in cash in the event of financial trouble or liquidation of our partner Interactive Brokers, being an SIPC registered brokerage firm. This does not include losses in the stock market. More can be found at www.sipc.org website.

portfolio Managed by Renowned international Fund Managers

Global Market

Interactive Advisors

Global Market
Global Market

* Not applicable to all portfolios

# Portfolio are constructed from US based stocks and/or ETFs

How to get started?

  • Login Icon Login to your ICICI Direct account

    You need to be existing ICICI Direct Customer to get access to ICICI Direct Global

  • bank account Icon Subscribe to a plan of your choice

    Choose the plan which works best for you

  • validating Aadhaar Icon Upload your Scanned Documents

    Upload latest copy of your PAN card and address proof

  • Upload documents Icon Get access to ICICI Direct Global Investment Platform

    Once your details are verified, you can add funds into your account and start investing

Our Subscription Plans
Introductory Offer - Complimentary 2 months subscription

Global Classic

0/-

Subscription Fee per year

Brokerage* - USD 2.75 per trade

* Applicable to US markets only

Global Select

999/-

Subscription Fee per year

Brokerage* - USD 1.99 per trade

* Applicable to US markets only

Global Advantage

9,999/-

Subscription Fee per year

Brokerage* - Free

* Applicable to US markets only

Click here to know pricing for other markets

Global Pro Classic

0/-

Subscription Fee per year

Brokerage* - USD 0.02 per share

Per Order - Min USD 2.75; max of 6% of trade value

Global Pro Advantage

9,999/-

Subscription Fee per year

Brokerage* - USD 0.01 per share

Per Order - Min USD 1.5; max of 3% of trade value

*Applicable to US markets. Click here to know pricing for other markets

FAQs

Who all can invest in global markets through ICICIdirect Global?
This facility is currently available for Resident, Corporates and NRIs.
ICICI Securities gets you a seamless way to transfer money through your ICICI Bank account under Liberalised Remittance Scheme (LRS) guidelines. To transfer, simply visit link available on Global Investment page after your ICICI Direct Global account is opened. Current limit for this online transfer is US$ 25,000. For amount exceeding this you may reach out to your ICICI Securities relationship manager.
As of now, you can invest in six major global markets: US, UK, Germany, Japan, Singapore & Hong Kong.
There is no minimum investment or balance required although we do recommend you fund your account to the extent required as there is no margin funding possibility on global markets as per RBI’s regulations.
Foreign investments fall under RBI guidelines for remittance which is called Liberalized Remittance Scheme (LRS). As per current LRS limits, an individual can remit abroad up to USD 250,000 every year. This full amount can be utilized for investment in global markets.
Fractional shares allow you to buy a dollar value of a stock irrespective of its price. This means that you can own a fraction of a share in a stock on the US markets! Basically, if a stock is too expensive because each share is costing a lot, just buy a small fraction of the stock.
Interactive Brokers LLC is the broker that executes and clears your trades, ICICI Securities is an introducing broker to Interactive Brokers.
Interactive Brokers is a US based brokerage firm with USD 8.1 billion in equity capital as of June 2020. The company is listed on the NASDAQ. As of June 2020, Interactive Brokers has over USD 203 billion in client equity.
When you go to the global market page i.e. the client portal, you will be able to download your statement which will show you the holdings currently on the account as well as all transactions done in the past.
Yes, you get free access to research reports by Zacks and Reuters stock reports plus. In addition, you get free access to Reuters Fundamental data and Reuters news on the trading platform.
Your investing account is opened with our partner platform Interactive Brokers LLC - regulated by FINRA and SEC in US. Interactive Brokers is also the executing and clearing broker as well as a global custodian.
Margin trading or leverage of any sort is not permissible per RBI regulations on global markets for Indian residents.
Settlement cycle is T+3 for US equities and ETF’s.
US IPO’s are currently not supported for Indian residents.
No, this is not possible at this moment.
Indian residents can only open a cash account, no leverage, no margin trading is permitted at all. Client-owned, fully-paid securities are protected in accounts at depositories and custodians that are specifically identified for the exclusive benefit of clients. IBKR reconciles positions in securities owned by clients daily to ensure that these securities have been received at the depositories and custodians. In addition, every customer is protected by the Securities and Investment Protection Council Insurance (SIPC insurance) by up to USD 500,000 split as USD 250,000 in cash and USD 250,000 in stocks.
Generally, it takes anywhere between 1-4 business days, normally, funds arrive and are sent back within 24 hours.
No, there is no custody fee applicable on your account as of today.
Go to the ICICI Direct Global client portal. Once you login on the top left there is a menu option, click on that, select reports and then select statements. You can choose your statement download method (PDF / Excel / HTML) and a period (Daily, custom date range, annually, etc.).
Please look at the pending orders under your orders and trades tab once you are in the ICICI Global portal.
Once you are authenticated on the ICICI Direct Global portal, click on the widget which says ‘watchlist’, there is a little blue arrow on the top right, select it and it will open up the watch list for your account.
You get free access to US unconsolidated real time market data.
Access the watch list and next to the symbol you will see a bid and an ask. Click the ask to buy and the bid to sell. Once you do this, you can enter your quantity, price and order type and submit the order.
Yes, we provide a market scanner which allows you to scan the market to see top gainers, top losers, most active and many more types of filters. Click the menu once you are in the ICICI Direct Global Portal and select scanners and then market scanner.
The portfolio analyst is an advanced investment analysis tool for sophisticated investors which allows you to consolidate, track and analyse your complete financial performance. You can look at benchmark comparisons of your portfolios performance, performance attribution reports, performance of your account and more. You can also add external accounts to your portfolio analyst tool for accounts held at other brokers to look at a consolidated view of your overall portfolio and its performance.
Stocks:
For Indian Residents:
Global Classic - 0 Global Select - 999 Global Advantage - 9999
United States * USD 2.75 per order USD 1.99 per order ZERO
Click here to know pricing for other markets

For Non-Resident Indians:

Global Classic - 0 Global Advantage - 9999
United States * USD 0.02 per share, subject to a minimum of USD 2.75 per order USD 0.01 per share, subject to a minimum of USD 1.5 per order
Click here to know pricing for other markets

*For US Equities and ETFs only & for orders below 10,000 shares or USD 100,000 order value in a single order. Over that will be charged USD 0.005 per share extra

On Close or On Open US listed stock orders exceeding 10% of an account's monthly US stock trading volume will be charged USD 0.005 per share extra. Market orders placed prior to regular trading hours will be treated as Market On Open orders and count towards client threshold.

Additional transaction fees on Sell orders:

  • For Stocks, ETF, Warrants, Rights, Voting Trust Certificates: USD 0.0000221 * Value of Aggregate Sales
  • FINRA Trading Activity Fee - USD 0.000119 * Quantity Sold (Maximum USD 5.95 per trade. In the case of partial executions, each execution is considered one trade)

Disclaimer

• I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730) and BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. ( Member Code : 56250) and having SEBI registration no. INZ000183631.

• Please refer to press release no. PR No: 47/ 2018 dated October 30, 2018 issued by SEBI on ‘Advisory in respect of Foreign Trading Portals’ before investing in global financial products through foreign/ overseas trading platforms / exchange.

• The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. While due care has been taken, I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any inaccurate, delayed or incomplete information nor for any actions taken in reliance thereon. ICICI Securities Ltd. makes no warranties or representations, express or implied, on products and services offered through the platform. It accepts no liability for any damages or losses, however, caused in connection with the use of related services. ICICI securities Ltd is not liable for any loss or damage of any kind arising out of investments outside India.

• ICICI Securities role here is limited to a Referrer as Introducing broker. ICICI Securities will introduce the customer with the platform provider Interactive Broker LLC post which clients will be directly sharing their details to them. Once customers have been referred, they are solely responsible for any and all orders placed by them, and understand that all orders are unsolicited and based on their own investment decisions. ICICI Securities and any of its employees, agents, principals, or representatives DO NOT: provide recommendations of any security, transaction, or order; provide investment advice; produce or provide research to any user regarding any security, transaction, or order; handle funds or securities related to securities orders or effect the clearance or settlement of a user’s trades done through Interactive Brokers LLC. All processes including KYC will be executed by Interactive Brokers LLC directly with client and ICICI Securities will not incur any personal financial liability.

• Investment in securities market are subject to market risks, read all the related documents carefully before investing. Mutual fund investments are subject to market risks, read all scheme related documents carefully.

• All logos and trademarks belong to their respective legal owners.

• "Interactive Brokers LLC is a registered Broker-Dealer, Futures Commission Merchant and Forex Dealer Member, regulated by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA), and is a member of the Financial Industry Regulatory Authority (FINRA) and several other self-regulatory organizations. Interactive Brokers does not endorse or recommend any introducing brokers, third-party financial advisors or hedge funds, including ICICI Securities Ltd. Interactive Brokers provides execution and clearing services to customers. None of the information contained herein constitutes a recommendation, offer, or solicitation of an offer by Interactive Brokers to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy. Interactive Brokers makes no representation, and assumes no liability to the accuracy or completeness of the information provided on this website. For more information regarding Interactive Brokers, please visitwww.interactivebrokers.com."

• Commission displayed is applicable on US stocks only & for orders below 10,000 shares or USD 100,000 order value in a single order. This limit is applicable only per order. You can place multiple orders that can cross this limit. In case the order value is greater than USD 100,000 or number of shares is greater than 10,000 shares in a single order then additional brokerage rate of USD 0.005 per share or USD 1, whichever is higher, applies to the customer.

• Additional Transaction fees will be charged for sell orders.

For Stocks, ETF, Warrants, Rights, Voting Trust Certificates: USD 0.0000221 * Value of Aggregate Sales FINRA Trading Activity Fee - USD 0.000119 * Quantity Sold (Maximum USD 5.95 per trade. In the case of partial executions, each execution is considered one trade)

The brokerage and subscription fee will be charged directly by partner broker Interactive Broker LLC and not by ICICI Securities Ltd.