Our Subscription Plans
Introductory Offer - Complimentary 2 Months Subscription
Introductory Offer - Complimentary 2 Months Subscription
Correlation of Indian equity returns with other equity markets is 0.16
Source: Bloomberg, based on MSCI country Indices (Large cap + Midcap) ; Asia excludes Japan, all the return are computed in INRbased on FBIL INR/USD value. Data from 01st Jan 2009 to 31st Dec 2020 is considered for computing correlation between the returns
"ICICI Direct Global" Platform (thro' Interactive Brokers LLC) is very user-friendly for anyone to become comfortable immediately. Trading is seamless. Any kind of report / statement can be downloaded just by click of a button for any period (from / to) or for any purpose (details for compliance & tax / performance evaluation / profitability / etc) in any format (pdf / excel). Access to markets in half a dozen countries is notable”
“It's one of the best international platforms in India, it was extremely easy to open, operate and remit funds to my IB account.”
This facility is currently available for Resident, Corporates and NRIs.
As of now, you can invest in six major global markets: US, UK, Germany, Japan, Singapore & Hong Kong.
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.
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.
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.
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.
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.
Global Classic - 0 | Global Select - 999 | Global Advantage - 9999 | |
United States* | USD 2.75 per order | USD 1.99 per order | ZERO |
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 |
* 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:
ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100.
Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com.
• 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.
• 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.
• All disputes with respect to the services/ products like global Investment would not have access to Exchange investor redressal or Arbitration mechanism.
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.