ICICI Direct vs ProStocks (Compare ICICI Direct vs 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.

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

ICICI Direct

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ProStocks

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	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 latest entrant in discount broking space and known for low overall charges including broking, stamp duty and transaction charges. They also offer very at >>> 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: Free Futures Trading + Intraday Trading charges at Flat ₹20 + Commodity & Currency Derivative at Flat ₹20. Get the offer	ProStocks : Special Offer: Unlimited Equity Trading- Rs 899/PM, 8999/PY or Brokerage free equity delivery trading + Flat ₹15 Intra-day and F&O trades. Get the offer
Pros	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. Unlimited Trading Plan to offer. Own DP services. Lowest call & Trade charges. Fully online account opening process.
Cons	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 : Opportunity to invest in IPO is not available. 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
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. Low Stampduty Charges.

ICICI Direct vs ProStocks Account Opening & AMC Charges

ICICI Direct Trading Account Opening Fee is ₹975 and ProStocks Trading Account Opening Fee is ₹0 . ICICI Direct Demat Account AMC is ₹700 and ProStocks Demat Account AMC is ₹0 (Lifetime Zero AMC) .

	ICICI Direct	ProStocks
Trading Account Opening Fee	Trading Account Opening Fee : ₹975	Trading Account Opening Fee : ₹0
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0 (Free)
Demat Account AMC	Demat Account AMC : ₹700	Demat Account AMC : ₹0 (Lifetime Zero AMC)
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0

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 ₹95 to ₹35 per lot . ProStocks Brokerage Charges Equity Delivery is ₹0 and Equity Intraday is ₹15 and Equity Options is ₹15 . Equity Delivery is NA and Equity Intraday is NA and Equity Options is NA .

	ICICI Direct	ProStocks
Plan Name	Plan Name : I-Saver Plan	Plan Name : Flat Fee Plan (₹15 per executed order)	Plan Name : Unlimited Yearly Plan
Equity Delivery	Equity Delivery : 0.55%	Equity Delivery : ₹0	Equity Delivery : NA
Equity Intraday	Equity Intraday : 0.275%	Equity Intraday : ₹15	Equity Intraday : NA
Equity Future	Equity Future : 0.05% to 0.03%	Equity Future : ₹15	Equity Future : NA
Equity Options	Equity Options : ₹95 to ₹35 per lot	Equity Options : ₹15	Equity Options : NA
Currency Futures	Currency Futures : 0.050% to 0.030%	Currency Futures : ₹15	Currency Futures : ₹0
Currency Options	Currency Options : ₹25 to ₹10 per lot	Currency Options : ₹15	Currency Options : ₹0
Monthly Fee	Monthly Fee : -	Monthly Fee : -	Monthly Fee : ₹499
Margin Trading	Margin Trading : 0.05% - 0.03%	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : NA	Commodity Futures : NA	Commodity Futures : NA
Commodity Options	Commodity Options : NA	Commodity Options : NA	Commodity Options : NA

ICICI Direct vs ProStocks Transaction Charges (Per Crore)

ICICI Direct Transaction Charges (Per Crore) Equity Future is ₹180 per Cr (0.0018%) and Equity Options is ₹5000 per Cr (0.05%) (on premium) . ProStocks Transaction Charges (Per Crore) Equity Future is NSE: 0.0019% | BSE: 0.0005% and Equity Options is NSE: 0.050% | BSE: 0.0025% .

	ICICI Direct	ProStocks
Equity Delivery	Equity Delivery : NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)	Equity Delivery : NSE: 0.00325% \| BSE: 0.00275%
Equity Intraday	Equity Intraday : NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)	Equity Intraday : NSE: 0.00325% \| BSE: 0.00275%
Equity Future *	Equity Future : ₹180 per Cr (0.0018%)	Equity Future : NSE: 0.0019% \| BSE: 0.0005%
Equity Options *	Equity Options : ₹5000 per Cr (0.05%) (on premium)	Equity Options : NSE: 0.050% \| BSE: 0.0025%
Currency Futures *	Currency Futures : ₹120 per Cr (0.0012%)	Currency Futures : NSE: 0.0011% \| BSE: 0.0001%
Currency Options	Currency Options : ₹5000 per Cr (0.05%) (on premium)	Currency Options : NSE: 0.040% \| BSE: 0.0001%
Commodity	Commodity : NA	Commodity : -

ICICI Direct vs ProStocks Other Charges

ICICI Direct Minimum Brokerage is ₹35 per trade and Call & Trade is ₹25 per call after first 20 free calls per month . ProStocks Minimum Brokerage is ₹0 and Call & Trade is Intraday and F&O: ₹10 per trade. Delivery: ₹25 per .

	ICICI Direct	ProStocks
Minimum Brokerage	Minimum Brokerage : ₹35 per trade	Minimum Brokerage : ₹0
Call & Trade	Call & Trade : ₹25 per call after first 20 free calls per month	Call & Trade : Intraday and F&O: ₹10 per trade. Delivery: ₹25 per
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : ₹50
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% (Min ₹25 and Max ₹25,000)	DP Charges (on sell side) : ₹20 per scrip for equity delivery trade+18% GST
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : ₹50 per Contract note for Physical delivery

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 : Trade Racer Web, Desktop, ICICI Direct Mobile App	Trading Platform : Prostocks and NSE Now- Desktop, Web and Mobile
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : 1	Research and Advice / Trading Tips : NA
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers : Bullet Trading, Can trade in 32 exchanges through Saxo Trader	Unique features & Offers : Unlimited brokerage free Plans, Zero PCM Fee
Referral Program	Referral Program : -	Referral Program : Yes
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

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 : CDSL and NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹975	Account Opening Fee : ₹0 (Free)
Advance Deposit	Advance Deposit : ₹0 for ICICI Bank customers. ₹7500 for Non ICICI BANK customers.	Advance Deposit : ₹1000 refundable deposit
AMC	AMC : ₹0	AMC : ₹0 (Free)
Dematerialisation Charges	Dematerialisation Charges : ₹50 Per Demat Request Form and ₹3 For Each Certificates	Dematerialisation Charges : ₹50 per set up + ₹50 courier charges
Rematerialisation Charges	Rematerialisation Charges : ₹25 + CDSL charges at actual	Rematerialisation Charges : ₹50 per set up + ₹50 courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : ₹0 for trader on ICICIDirect.com	Transaction Charges (debit) : ₹20 Per Debit Transaction
Pledge Creation Charges	Pledge Creation Charges : 0.02% or minimum of ₹50	Pledge Creation Charges : ₹50
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35	Pledge Creation Confirmation Charges : NIL
Pledge Invocation Charges	Pledge Invocation Charges : If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35	Pledge Invocation Charges : ₹50
Failed Instruction Charges	Failed Instruction Charges : ₹30	Failed Instruction Charges : ₹50
Other Charges	Other Charges : 1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address. 2. ₹200 for restoring services if account is suspended for non payment of charges.	Other Charges : GST on all charges

ICICI Direct vs ProStocks Basic Details

ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 8,78,884 and Total Number of Branches is 154 . ProStocks Year of Incorporation is 2016 and Total Number of Clients is 3,562 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 : NSE, BSE	Active Exchange Memberships : BSE, NSE
Demat Services	Demat Services : Yes	Demat Services : No
Website	Website : http://www.icicidirect.com	Website : www.prostocks.com
Contact Details	Contact Details : 020-28307700	Contact Details : +91 22 62 43 43 43
Total Number of Clients	Total Number of Clients : 8,78,884	Total Number of Clients : 3,562
Total Number of Branches	Total Number of Branches : 154	Total Number of Branches : 1
Products *	Products : investment banking, institutional broking, retail broking, private wealth management, and financial product distribution	Products : ProStocks Mobile,Web & Desktop. BSE Best

ICICI Direct vs ProStocks Charts and Data

ICICI Direct and ProStocks both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	ICICI Direct	ProStocks
Live data source	Live data source : NSE, BSE	Live data source : BSE, NSE
Advanced Charting tools	Advanced Charting tools : Yes	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : Yes	Multi-Chart Setup : Yes
No.of indicators	No.of indicators : 82	No.of indicators : 100+
No.of charts can be opened	No.of charts can be opened : 6	No.of charts can be opened : 6
Live Scanners	Live Scanners : Yes	Live Scanners : Yes
Customizable screeners	Customizable screeners : No	Customizable screeners : Yes
Trading from charts	Trading from charts : No	Trading from charts : Yes
Compare Symbol performance on Chart	Compare Symbol performance on Chart : No	Compare Symbol performance on Chart : -
Options charts	Options charts : Yes	Options charts : -
Continuous futures charts	Continuous futures charts : Yes	Continuous futures charts : -
Intraday historical data for charts	Intraday historical data for charts : 20 days	Intraday historical data for charts : Yes
End of Day historical data for charts	End of Day historical data for charts : 10 years	End of Day historical data for charts : Yes
Corporate action adjusted charts	Corporate action adjusted charts : No	Corporate action adjusted charts : -
Back Testing	Back Testing : No	Back Testing : -
Options Chain	Options Chain : Yes	Options Chain : -
Heat Maps	Heat Maps : Yes	Heat Maps : -
Analytics	Analytics : Yes	Analytics : -
Price Ladder	Price Ladder : No	Price Ladder : -

ICICI Direct vs ProStocks Leverage

Leverage

	ICICI Direct	ProStocks
Equity Delivery	Equity Delivery : 5x with Interest	Equity Delivery : 1x (no margin)
Equity Intraday	Equity Intraday : Upto 25x	Equity Intraday : 7x (Margin intraday sq off)
Equity Futures	Equity Futures : 4x	Equity Futures : 2x
Equity Options	Equity Options : 2x for shorting	Equity Options : 1x (no margin)
Currency Futures	Currency Futures : NA	Currency Futures : 1.5x
Currency Options	Currency Options : NA	Currency Options : 1x (no margin)
Commodity Futures	Commodity Futures : NA	Commodity Futures : -
Commodity Options	Commodity Options : -	Commodity Options : -

ICICI Direct vs ProStocks Orders

Orders

	ICICI Direct	ProStocks
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : No
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : No
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : No
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) : No

ICICI Direct vs ProStocks Research and Advice / Trading Tips

Research and Advice / Trading Tips

	ICICI Direct	ProStocks
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : No
Comparison *	Comparison : Yes	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 : Yes	ETF research : No
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : No

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 : Yes	Availability for franchisee / AP : NA
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.25,000 to Rs.2,00,000	Investment required for Franchisee / AP : NA

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 : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : Yes
Call in Trade *	Call in Trade : Yes	Call in Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : No
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : Yes	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : Yes	NRI Services : Yes
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : Yes	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : Yes	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : No
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : No	Margin Calculator : Yes
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : No
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : No
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : Yes
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No

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 : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : Yes	Branch Offices : No
Customer Care *	Customer Care : Yes	Customer Care : Yes
Community Service *	Community Service : Yes	Community Service : No
Relationship Manager *	Relationship Manager : -	Relationship Manager : No
24/7 Support *	24/7 Support : No	24/7 Support : -

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 : No	Commodity Trading : No
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : No
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : Yes	Insurance Services : No
Banking Services *	Banking Services : Yes	Banking Services : No

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 : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : Yes	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : Yes
Virtual Trading *	Virtual Trading : Yes	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes

ICICI Direct vs ProStocks Company Information

	ICICI Direct	ProStocks
Financials *	Financials : Yes	Financials : No
News *	News : -	News : -
Company Analysis *	Company Analysis : Yes	Company Analysis : No
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