SEBI — India
ICICI Securities Limited
Regulated · No. INZ000183631
ICICI Securities Review — Overview
Regulation
Offshore regulated
Licence
SEBI · No. INZ000183631
Licence status
Regulated
Platforms
Web Trader, iLearn, ICICI APP
Instruments
Equities, futures, options, fixed income
Typical spread
/
Operating
Est. 2000
Main market
IN
Entity
ICICI Securities Limited
Website
Unknown
ICICI Securities is a forex & CFD broker based in India, established in 2000. On Trust Broker Hub it holds a Trust Score of 4.1 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
ICICI Securities's licence comes from an offshore jurisdiction (SEBI). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
ICICI Securities provides access to Equities, futures, options, fixed income. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, ICICI Securities has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
ICICI Securities currently scores 4.1/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a SEBI licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Equities, futures, options, fixed income, mutual funds, IPO investment, commodities, ETFs, insurance, loans |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | / |
| Platforms | Web Trader, iLearn, ICICI APP |
| Demo account | / |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on ICICI Securities
Our analysis · editorial
4.1/10
A mixed risk profile
ICICI Securities is regulated in an offshore jurisdiction (SEBI), which offers lighter oversight than tier-1 regimes. Based in India, it has been operating for about 26 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.1/10 — a mixed profile.
Strengths
- Long 26-year operating track record
- No complaints on record with us
- Supports Web Trader & iLearn trading
Watch-outs
- Regulated only in an offshore jurisdiction — weaker investor protection
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
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ICICI Securities — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag ICICI Securities here if that changes.
Full specifications
Regulated region
India
Operating period
5-10 years
Main market
IN
Licensed entity
ICICI Securities Limited
License status
Regulated
Instruments
Equities, futures, options, fixed income, mutual funds, IPO investment, commodities, ETFs, insurance, loans
Year founded
2000
Frequently asked
Is ICICI Securities a safe broker?
ICICI Securities scores 4.1 / 10 on our Trust Score, above the 3.3 industry average. It is only offshore-regulated, which means weaker protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the ICICI Securities trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from ICICI Securities?
ICICI Securities doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.