• Top Stock Brokers in India ‐ Reviews, Comparison and Offers
Check reviews of other Share brokers

ICICI Direct vs ProStocks (Compare ICICI Direct and ProStocks)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between ICICI Direct vs ProStocks, Below comparison of ICICI Direct vs ProStocks highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of ICICI Direct vs ProStocks is given below:

ICICI Direct ProStocks
About The Brokers
ICICI Direct :

"ICICIdirect.com, an award winning, pioneering online broking platform, The platform not only offers convenient ways to invest in Equity, Derivatives, Currency Futur   >>> more

ProStocks :

Prostocks is an online discount broker. They are well known for their unlimited monthly trading plan for Rs 899, a lifetime-free AMC demat account, and the lowest cost trading API. They also offer fla   >>> more

Find More Information about the Broker :
ICICI Direct :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
ProStocks :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
ICICI Direct :
 Full Service Broker
ProStocks :
 Discount Broker
Promo/offers
ICICI Direct :
Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
ProStocks :
Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
Advantage
ICICI Direct :
  •  3-in-1 online trading account.
  •  Security of your investment & money
  •  24/7 customer service.
  •   Easy-to-use website.
  •  Innovative offerings like - Margin, MarginPlus, BTST, SPOT.
  •  Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance.
  •  Own DP services
  •  Award winning research services
  •  Instant payout for your stocks sold (eATM)
  • By Subscribing ICICI Direct Neo Plan you get ZERO BROKERAGE IN FUTURES, RS 20 UNLIMITED PER ORDER BROKERAGE IN OPTIONS AND INTRADAY EQUITY !
ProStocks :
  • Rs 15 flat-fee trades.
  • Monthly & Yearly Unlimited Trading Plan to offer.
  • Own DP services.
  • Lowest call & Trade charges Rs.10 per trade. Delivery: Rs 25 per trade.
  • Instant paperless online account opening with AADHAR.
  • Zero Professional Clearing Members (PCM) Fee - Unlike all other flat fee brokers ProStocks do not charge PCM Fee.
  • Free trading software (mobile, desktop and website) for all customers.
  • Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account.
  • Zero Demat account AMC when you pay one time refundable deposit of Rs 1000
  • Referral Service - ProStocks offer 10% brokerage referral for customer referred by the client.
Disadvantage
ICICI Direct :
  •  Very High delivery brokerage.
  •  Not a good fit for small and penny stock traders.
  •  Charges for trading terminal usage.
  •  High Minimum Brokerage Charges.
ProStocks :
  • ProStocks doesn't offer 3-in-1 account as they do not offer banking services.
  • Opportunity to invest in Mutual Funds.
  • commodity trading facility is not available.
  • You will not get any research tips as there is no in-house team
  • Only BSE SME IPOs are allow. NSE SME IPOs are not available.
Why This
ICICI Direct :
  •   A Unique 3-in-1 On-line Trading Account, which includes ICICI Bank Account, ICICI Trading Account and ICICI Demat Account, is the key offering for retail stock market investors in India.
  •   Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through ICICIdirect.com. It provides you the flexibility to pay only when you trade.
  •   Largest Equity E-Broking House with >40 Lac customers.
  •   Share trading in both NSE and BSE, innovative offerings like - Margin, MarginPlus, BTST, SPOT, Derivatives trading, overseas trading, mutual funds, IPOs and on-line life insurance.
  •   Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service.
  •   Award Winning Research
ProStocks :
  • Various option on Brokerage Plans to select from depending on your trading requirements. You can Choose from
    • Flat Rs 15 per order
    • Monthly unlimited trading plans.
    • Yearly unlimited trading plans.
  • One of the most affordable calls & trading charges.
  • Give you the opportunity to earn through the referral program.
  • You need not to pay in case you are not trading in any month.
  • Even though Protock is the discount broker, you get option choosing from the various trading plan.
  • It provides you with DP service as well.
Open Account Open Account

ICICI Direct vs ProStocks Account Opening & AMC Charges

ICICI Direct Trading Account Opening Fee is Rs 0 (Free) and ProStocks Trading Account Opening Fee is Rs 0 . ICICI Direct Demat Account AMC is Rs 300 (from 2nd year) and ProStocks Demat Account AMC is Rs 0 (Lifetime Zero AMC) .

ICICI Direct ProStocks
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 0

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Rs 0 (Free)

Demat Account AMC Demat Account AMC :

Rs 300 (from 2nd year)

Demat Account AMC :

Rs 0 (Lifetime Zero AMC)

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

Rs 0

Open Account Open Account

ICICI Direct vs ProStocks Brokerage Charges

ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is 0.275% and Equity Options is Rs 95 per lot . ProStocks Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 15 per executed order and Equity Options is Rs 15 per executed order .

ICICI Direct ProStocks
Plan Name Plan Name :

I-Secure Plan

Plan Name :

ICICIDirect Neo Plan

Plan Name :

Monthly Unlimited Trading Plan

Plan Name :

Flat Fee Plan
(₹15 per executed order)

Equity Delivery Equity Delivery :

0.55%

Equity Delivery :

0.55%

Equity Delivery :

Rs 0 (Free)

Equity Delivery :

Rs 0 (Free)

Equity Intraday Equity Intraday :

0.275%

Equity Intraday :

Rs 20 per order

Equity Intraday :

Rs 0 (Free)

Equity Intraday :

Rs 15 per executed order

Equity Future Equity Future :

0.05%

Equity Future :

Rs 0 (Free)

Equity Future :

Rs 0 (Free)

Equity Future :

Rs 15 per executed order

Equity Options Equity Options :

Rs 95 per lot

Equity Options :

Rs 20 per order

Equity Options :

Rs 0 (Free)

Equity Options :

Rs 15 per executed order

Currency Futures Currency Futures :

Rs 20 per order

Currency Futures :

Rs 20 per order

Currency Futures :

Rs 0 (Free)

Currency Futures :

Rs 15 per executed order

Currency Options Currency Options :

Rs 20 per order

Currency Options :

Rs 20 per order

Currency Options :

Rs 0 (Free)

Currency Options :

Rs 15 per executed order

Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

Monthly Fee :

Equity :₹899/month, Currency : ₹499/month

Monthly Fee :

NA

Margin Trading Margin Trading :

0.05% - 0.03%

Margin Trading :

0.05% - 0.03%

Margin Trading :

NA

Margin Trading :

NA

Commodity Futures Commodity Futures :

Rs 20 per order

Commodity Futures :

Rs 20 per order

Commodity Futures :

NA

Commodity Futures :

NA

Commodity Options Commodity Options :

Rs 20 per order

Commodity Options :

Rs 20 per order

Commodity Options :

NA

Commodity Options :

NA

Open Account Open Account

ICICI Direct vs ProStocks Exchange Transaction Charges

ICICI Direct Exchange Transaction Charges Equity Future is Rs 180 per Cr (0.0018%) and Equity Options is Rs 5000 per Cr (0.05%) (on premium) . ProStocks Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%) and Equity Options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium) .

ICICI Direct ProStocks
Equity Delivery Equity Delivery :

NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)

Equity Delivery :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday Equity Intraday :

NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)

Equity Intraday :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Future * Equity Future :

Rs 180 per Cr (0.0018%)

Equity Future :

NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)

Equity Options * Equity Options :

Rs 5000 per Cr (0.05%) (on premium)

Equity Options :

NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)

Currency Futures * Currency Futures :

Rs 120 per Cr (0.0012%)

Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)

Currency Options Currency Options :

Rs 5000 per Cr (0.05%) (on premium)

Currency Options :

NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)

Commodity Commodity :

Group A - Rs 260 per Cr (0.0026%)

Commodity : -
Open Account Open Account

ICICI Direct vs ProStocks Other Charges

ICICI Direct Minimum Brokerage is Rs 35 per trade (I-Secure Plan) and Call & Trade is Rs 50 per trade . ProStocks Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 (Free) .

ICICI Direct ProStocks
Minimum Brokerage Minimum Brokerage :

Rs 35 per trade (I-Secure Plan)

Minimum Brokerage :

Rs 0

Call & Trade Call & Trade :

Rs 50 per trade

Call & Trade :

Rs 0 (Free)

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) : - DP Charges (on sell side) :

₹20 per scrip for equity delivery trade+18% GST

Other Miscellaneous Charges Other Miscellaneous Charges :

Margin Trading Interest: 0.025% Per day

Other Miscellaneous Charges : -
Open Account Open Account

ICICI Direct vs ProStocks Features

ICICI Direct and ProStocks both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

ICICI Direct ProStocks
Trading Platform Trading Platform :

ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App

Trading Platform :

ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API

Placing orders through charts Placing orders through charts : - Placing orders through charts :

Yes

Trading Alerts Trading Alerts : - Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips : - Research and Advice / Trading Tips :

NA

Detailed Education Initiatives Detailed Education Initiatives : - Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers :

  • Offer 3-in-1 Account.
  • Support in local ICICI Bank branches.
  • Trusted brand.

Unique features & Offers : -
Referral Program Referral Program : - Referral Program :

1

Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) :

No

Open Account Open Account

ICICI Direct vs ProStocks Demat Account Charges

A comparative table of various demat account charges between ICICI Direct and ProStocks is below:

ICICI Direct ProStocks
Depository Service Provider Depository Service Provider :

NSDL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Stamp Duty at actuals

Account Opening Fee :

Nil

Advance Deposit Advance Deposit :

Rs 0 for ICICI Bank customers.

Rs 7500 for Non ICICI BANK customers.

Advance Deposit :

Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit

AMC AMC :

For Individual account: Rs 700 p.a.

For Corporate account: Rs 1500 p.a.

AMC :

Nil

Dematerialisation Charges Dematerialisation Charges :

Rs 50 Per Demat Request Form and Rs 10 For Each Certificates

Dematerialisation Charges :

Rs 50 per set up + Rs 50 courier charges

Rematerialisation Charges Rematerialisation Charges :

Rs 25 + CDSL charges at actual

Rematerialisation Charges :

Rs 50 per set up + Rs 50 courier charges

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum Rs 30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum Rs 30 & maximum Rs 25,000 )

Transaction Charges (debit) :

Rs 8 + Rs 5.50 (CDSL charges) per ISIN

Pledge Creation Charges Pledge Creation Charges :

0.02% or minimum of Rs 35

Pledge Creation Charges :

Rs 50 per set up

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

0.02% or minimum of Rs 35

Pledge Creation Confirmation Charges :

Nil

Pledge Invocation Charges Pledge Invocation Charges :

0.02% or minimum of Rs 35

Pledge Invocation Charges :

Rs 50 per set up

Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges :

Failed transactions Rs 50 per ISIN

Other Charges Other Charges :

Rs 200 for restoring services if account is suspended for non payment of charges.

Other Charges : -
Open Account Open Account

ICICI Direct vs ProStocks Basic Details

ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 3135167 and Total Number of Branches is 154 . ProStocks Year of Incorporation is 2016 and Total Number of Clients is 5646 and Total Number of Branches is 1 .

ICICI Direct ProStocks
Year of Incorporation Year of Incorporation :

2000

Year of Incorporation :

2016

Active Exchange Memberships Active Exchange Memberships : - Active Exchange Memberships :

BSE, NSE

Demat Services Demat Services :

Yes

Demat Services :

No

Website Website : - Website : www.prostocks.com
Contact Details Contact Details : - Contact Details :

+91 22 62 43 43 43

Total Number of Clients Total Number of Clients :

3,135,167

Total Number of Clients :

5,646

Total Number of Branches Total Number of Branches :

154

Total Number of Branches :

1

Products * Products : - Products :

ProStocks Mobile,Web & Desktop. BSE Best

Open Account Open Account

ICICI Direct vs ProStocks Orders

Orders

ICICI Direct ProStocks
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

No

Bracket orders / One Cancels Other (BO / OCO) :

Yes

After Market Orders (AMO) After Market Orders (AMO) :

No

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

No

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

Yes

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

ICICI Direct vs ProStocks Research and Advice / Trading Tips

Research and Advice / Trading Tips

ICICI Direct ProStocks
Equity Trading Recommendation * Equity Trading Recommendation : - Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation : - Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile : - Recommendation basis risk Profile :

No

Comparison * Comparison : - Comparison :

No

Free Tips * Free Tips :

Yes

Free Tips :

No

Daily Market report * Daily Market report :

Yes

Daily Market report :

No

ETF research * ETF research : - ETF research :

No

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

No

Open Account Open Account

ICICI Direct vs ProStocks Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

ICICI Direct ProStocks
Availability for franchisee / AP Availability for franchisee / AP : - Availability for franchisee / AP :

NA

Investment required for Franchisee / AP Investment required for Franchisee / AP : - Investment required for Franchisee / AP :

NA

Open Account Open Account

ICICI Direct vs ProStocks Product & Services

ICICI Direct and ProStocks both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

ICICI Direct ProStocks
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

No

Call in Trade * Call in Trade : - Call in Trade :

Yes

Trading in Both the exchanges * Trading in Both the exchanges : - Trading in Both the exchanges :

Yes

Limit Order * Limit Order : - Limit Order :

No

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account : - 3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

Yes

NRI Services :

Yes

SMS Alerts * SMS Alerts :

No

SMS Alerts :

No

Offers Multiple Plan * Offers Multiple Plan : - Offers Multiple Plan :

Yes

IPO Investment * IPO Investment : - IPO Investment :

Yes

Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis :

No

Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator : - Margin Calculator :

Yes

Stop Loss Order * Stop Loss Order : - Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss :

No

Equity Future & Option Trading * Equity Future & Option Trading : - Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading : - Currency Future & Option Trading :

Yes

Market Trading * Market Trading : - Market Trading :

No

Monthly & Yearly Plan * Monthly & Yearly Plan : - Monthly & Yearly Plan :

Yes

Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading :

No

Open Account Open Account

ICICI Direct vs ProStocks Customer Services

ICICI Direct and ProStocks both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

ICICI Direct ProStocks
Toll Free Number * Toll Free Number : - Toll Free Number :

No

Live Chat Facility * Live Chat Facility : - Live Chat Facility :

No

Email Facility * Email Facility : - Email Facility :

Yes

Branch Offices * Branch Offices : - Branch Offices :

No

Customer Care * Customer Care : - Customer Care :

Yes

Community Service * Community Service : - Community Service :

No

Relationship Manager * Relationship Manager : - Relationship Manager :

No

24/7 Support * 24/7 Support : - 24/7 Support : -
Open Account Open Account

ICICI Direct vs ProStocks Other Investement

ICICI Direct and ProStocks both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

ICICI Direct ProStocks
Commodity Trading * Commodity Trading : - Commodity Trading :

No

Investment in ETFs * Investment in ETFs : - Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds :

No

Investment in Bonds * Investment in Bonds : - Investment in Bonds :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments : - Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services : - Insurance Services :

No

Banking Services * Banking Services : - Banking Services :

No

Open Account Open Account

ICICI Direct vs ProStocks Trading Platform

ICICI Direct and ProStocks both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

ICICI Direct ProStocks
Web Platform * Web Platform : - Web Platform :

Yes

Android Mobile App * Android Mobile App : - Android Mobile App :

Yes

Desktop Windows * Desktop Windows : - Desktop Windows :

Yes

Desktop Mac * Desktop Mac : - Desktop Mac :

No

I-Pad App * I-Pad App : - I-Pad App :

Yes

Virtual Trading * Virtual Trading : - Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App :

Yes

Contact Now
Open Account Open Account

User Reviews

Post New Message
0  Comments
- - -   Compare More Brokers   - - -
ICICI DirectProStocks
 ICICI Direct vs Zerodha
 ICICI Direct vs Upstox
 ICICI Direct vs Angel One
 ICICI Direct vs ProStocks
 ICICI Direct vs Paytm Money
 ICICI Direct vs Fyers
 ICICI Direct vs 5paisa
 ICICI Direct vs TradeSmart
 ICICI Direct vs SAS Online
 ICICI Direct vs TradePlus
 ICICI Direct vs SAMCO
 ICICI Direct vs Alice Blue
 ICICI Direct vs Aditya Birla Money
 ICICI Direct vs Edelweiss
 ICICI Direct vs Sharekhan
 ICICI Direct vs IIFL
 ICICI Direct vs Anand Rathi
 ICICI Direct vs Axis Direct
 ICICI Direct vs HDFC Securities
 ICICI Direct vs Marwadi Group
 ICICI Direct vs Motilal Oswal
 ICICI Direct vs Religare Broking
 ICICI Direct vs SMC Global
 ICICI Direct vs Kotak Securities
 ICICI Direct vs Geojit BNP Paribas
 ICICI Direct vs Groww
 ICICI Direct vs Dhani Stocks
 ICICI Direct vs FINVASIA
 ICICI Direct vs Market Wolf
 ProStocks vs Zerodha
 ProStocks vs Upstox
 ProStocks vs Angel One
 ProStocks vs Paytm Money
 ProStocks vs Fyers
 ProStocks vs 5paisa
 ProStocks vs TradeSmart
 ProStocks vs SAS Online
 ProStocks vs TradePlus
 ProStocks vs SAMCO
 ProStocks vs Alice Blue
 ProStocks vs Aditya Birla Money
 ProStocks vs Edelweiss
 ProStocks vs Sharekhan
 ProStocks vs IIFL
 ProStocks vs Anand Rathi
 ProStocks vs ICICI Direct
 ProStocks vs Axis Direct
 ProStocks vs HDFC Securities
 ProStocks vs Marwadi Group
 ProStocks vs Motilal Oswal
 ProStocks vs Religare Broking
 ProStocks vs SMC Global
 ProStocks vs Kotak Securities
 ProStocks vs Geojit BNP Paribas
 ProStocks vs Groww
 ProStocks vs Dhani Stocks
 ProStocks vs FINVASIA
 ProStocks vs Market Wolf