Both the brokers are registered with SEBI. ICICIDirect offers investmenet in Equity, F&O, Currency and Commodities, where ProStocks offers investment in Equity, F&O and Currency only. The brokerage of ICICIDirect Max Rs. 20 per trade while the brokerage of ProStocks ranges between Rs 15. ICICIDirect is a Full Service Broker where ProStocks is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for ICICIDirect is 29,08,417 where number of active customer for ProStocks is 6,007. ICICIDirect is serving more customer compare to ProStocks.
Here we present side-by-side comparison of ICICIDirect vs ProStocks share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared ICICIDirect vs ProStocks's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of ICICIDirect vs ProStocks share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared ICICIDirect vs ProStocks's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||NSE, BSE, MCX||NSE, BSE|
|Broker Overview||ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec...||Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an...|
Comparison of ICICIDirect with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 300 per annum AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 per annum||Rs 0 (Rs 1000 Refundable Deposit)|
|Provide DP Service|
Plans are the most important feature you look when compare ICICIDirect with ProStocks. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - ProStocks provides Monthly Plans where ICICIDirect doesn't offer
|Account Opening Request|
ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.
ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.
|Brokerage Charges Compare||ICICIDirect||ProStocks|
|Plan Name||NEO Flat Discount Brokerage Plan||Flat Fee Rs 15 Trading Plan|
|Equity Intraday||Flat Rs. 20 per order||Flat Fee Rs 15|
|Equity Futures||Free (Rs. 0 brokerage)||Flat Fee Rs 15|
|Equity Options||Flat Rs. 20 per order||Flat Fee Rs 15|
|Currency Futures||Flat Rs. 20 per order||Flat Fee Rs 15|
|Currency Options||Flat Rs. 20 per order||Flat Fee Rs 15|
|Commodity Trading||Flat Rs. 20 per order||NA|
|Minimum Brokerage||Rs 35 per trade||NA|
|Funding||Yes - 18% interest PA||No|
|Call & Trade Charges||First 20 call free and Rs 25 there onwards.||Delivery Rs 25, Intraday and F&O Rs 10 per executed order|
|Auto Square off Charges||First 20 call free and Rs 25 there onwards.||Delivery Rs 25, Intraday and F&O Rs 10 per executed order|
|Brokerage Calculator||Brokerage Calculator for ICICIDirect||Brokerage Calculator for ProStocks|
Compare ICICIDirect with ProStocks on transaction charges and PCM fee by segment.
|Transaction Charges Compare||ICICIDirect||ProStocks|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 100 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4000 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for icicidirect||Complete Brokerage Plans for prostocks|
Compare ICICIDirect with ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 account where ProStocks offers only 2-in-1 account which includes trading and demat account. Algo Trading - ProStocks offers Algo Trading where ICICIDirect doesn't offers Algo Trading. Margin Funding - ICICIDirect offers a margin funding where ProStocks doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.
|Account Features Compare||ICICIDirect||ProStocks|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect and ProStocks. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
|Trading Platform Compare||ICICIDirect||ProStocks|
|Desktop Trading Platform||Trade Racer||Star ProStocks|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.icicidirect.com||https://www.prostocksweb.com/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||ICICI direct Mobile||Star ProStocks|
|Mobile Trading App Demo||ICICI direct Mobile Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod ICICI direct Mobile Download||Andriod Star ProStocks Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS ICICI direct Mobile Download||iOS Star ProStocks Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for ICICIDirect||Equity Intraday and Delivery Brokerage Calculator for ProStocks|
|Futures Brokerage Calculator||Futures Brokerage Calculator for ICICIDirect||Futures Brokerage Calculator for ProStocks|
|Options Brokerage Calculator||Options Brokerage Calculator for ICICIDirect||Options Brokerage Calculator for ProStocks|
|Detail||Detail on Trading Platforms for icicidirect||Detail on Trading Platforms for prostocks|
Compare ICICIDirect with ProStocks on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker don't offers Commodity Trading (MCX). Online Mutual Fund Investment - ICICIDirect offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where ProStocks doesn't offer
|Investment Offerings Compare||ICICIDirect||ProStocks|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare ICICIDirect with ProStocks on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - ProStocks provides Bracket Orders (BO) where ICICIDirect doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.
|Order Type Compare||ICICIDirect||ProStocks|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare ICICIDirect with ProStocks on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
|Customer Service Compare||ICICIDirect||ProStocks|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||1860 123 1122||+91-2262-434343|
|Account Opening Process||Online||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020
|Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Mumbai - 400063
Compare ICICIDirect with ProStocks on research reports and tips provided by the broker.
Compare ICICIDirect with ProStocks on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for ProStocks is Free (₹1000 Refundable Deposit) where for ICICIDirect is ₹700 pa. ProStocks is a better choice in terms of Demat AMC compare to ICICIDirect.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading â€“ when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for ICICIDirect is 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) where for ProStocks is ₹20 per ISIN.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹700 pa||Free (₹1000 Refundable Deposit)|
|Advance Deposit||Rs. 7500/- , If the client is not having ICICI BANK Account||1000/- Refundable Deposit against charges|
|Transaction Charges on Debit (Per ISIN)||0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges)||₹20 per ISIN|
|Demat||₹50 per set up||₹50 per set up + ₹50 courier charges|
|Remat||₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction||₹50 per set up + ₹50 courier charges|
|Pledge Creation||0.02% (Min ₹35 and Max ₹25,000)||₹50|
|Pledge Creation Confirmation||0.02% (Min ₹35 and Max ₹25,000)||Nil|
|Pledge Closure||0.02% (Min ₹35 and Max ₹25,000)||₹50|
|Pledge Closure Confirmation||0.02% (Min ₹35 and Max ₹25,000)||Nil|
|Pledge Invocation||0.02% (Min ₹35 and Max ₹25,000)||₹50|
|Failed Instruction Charges||₹30 per transaction||₹50 per transaction|
Compare ICICIDirect with ProStocks on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Instant to ICICI Bank.||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Info Not Available||Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.|
|Bank Detail||Direct from your ICICI bank account.||SUNLIGHT BROKING LLP,
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
|Special Offers/Promo||Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.||ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.|
|Enquiry||Open Zerodha Account Now>>||Open ProStocks Account Now>>|
Last Updated on 2022-08-08T03:12:44+00:00
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