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IC

ICICI Direct Review: Is It Legit and Regulated?

ICICI Securities Limited

IN Since 1995
AKA ICICIdirect

FindMyFX score

high risk

5.4/10

0 Score out of 10 10
Independent assessment Updated 2026-07-21

Contact & regulation

Official website
icicidirect.com
Address
ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400025, India
Primary license
SEBI · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is ICICI Direct legit and regulated?

FindMyFX has license records for ICICI Direct, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

ICICI Direct is the retail brokerage platform of ICICI Securities Limited and provides exchange-traded currency futures and options in India.

Professional broker overview

FindMyFX editorial summary

ICICI Direct's currency service is an exchange-traded derivatives offering rather than an OTC spot-forex account. Official disclosures identify ICICI Securities Limited, SEBI registration INZ000183631 and memberships covering Indian exchanges, while the currency FAQ describes NSE-listed contracts and eligibility restrictions for Indian residents and qualifying entities.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: This record covers exchange-traded currency derivatives; OTC forex spreads, leverage and international retail availability are not applicable or were not established.

Operational status
active
Broker type
unknown
Execution model
Customer orders are routed to the National Stock Exchange for exchange-traded currency futures and options.
Support hours
Not verified

Support languages: English

Documented advantages

  • The official regulatory disclosure publishes the legal entity, corporate identifier and SEBI registration.

Documented limitations

  • The service is restricted by Indian eligibility rules and is not a general international spot-forex account.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

ICICI Securities Limited

Primary
IN U67120MH1995PLC086241

Markets and instruments

EURINR futures

unverified

GBPINR futures

unverified

JPYINR futures

unverified

USDINR futures

unverified

USDINR options

unverified

Licenses and regulators

SEBI

INZ000183631

unverified

Last verified: Not shown

Type: Stock broker registration
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Jurisdiction-specific offerings

IN · retail

unverified

Entity not linked · Leverage not shown

Compensation scheme not shown

Score components

Regulation and licenses

7.5/10 · 35%

Regulatory evidence is available at the cited official source.

Security and track record

5.0/10 · 20%

Official protection evidence is partial; no full incident review was performed.

Trading conditions

5.0/10 · 15%

Official trading data is available but not complete.

Company transparency

7.5/10 · 10%

Official identity and operating details are published.

Service quality

2.5/10 · 10%

Official support channels exist; no verified service dataset was found.

Verified user reviews

0.0/10 · 10%

No verified-user-review dataset was found.

Profile update history

Broker profile was published.

2026-07-21

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.