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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

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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 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 (Free) . 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 (Free)
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
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ICICI Direct vs ProStocks Brokerage Charges

ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order . 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	Equity Delivery : Rs 0 (Free)
Equity Intraday	Equity Intraday : Rs 20 per order	Equity Intraday : 0.275%	Equity Intraday : Rs 0	Equity Intraday : Rs 15 per executed order
Equity Future	Equity Future : Rs 0 (Free)	Equity Future : 0.05%	Equity Future : Rs 0	Equity Future : Rs 15 per executed order
Equity Options	Equity Options : Rs 20 per order	Equity Options : Rs 95 per lot	Equity Options : Rs 0	Equity Options : Rs 15 per executed order
Currency Futures	Currency Futures : Rs 20 per order	Currency Futures : Rs 20 per order	Currency Futures : NA	Currency Futures : Rs 15 per executed order
Currency Options	Currency Options : Rs 20 per order	Currency Options : Rs 20 per order	Currency Options : NA	Currency Options : Rs 15 per executed order
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA	Monthly Fee : Rs 899	Monthly Fee : NA
Margin Trading	Margin Trading : 0.05% - 0.03%	Margin Trading : 0.05% - 0.03%	Margin Trading : -	Margin Trading : -
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
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ICICI Direct vs ProStocks Exchange Transaction Charges

ICICI Direct Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . ProStocks Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 0 and Equity Options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

	ICICI Direct	ProStocks
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (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 : -
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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 : â‚¹0 for ICICI Bank customers. â‚¹7500 for Non ICICI BANK customers.	Advance Deposit : Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit
AMC	AMC : For Individual account: â‚¹700 p.a. For Corporate account: â‚¹1500 p.a.	AMC : Nil
Dematerialisation Charges	Dematerialisation Charges : â‚¹50 Per Demat Request Form and â‚¹10 For Each Certificates	Dematerialisation Charges : Rs 50 per set up + Rs 50 courier charges
Rematerialisation Charges	Rematerialisation Charges : â‚¹25 + 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 â‚¹30) For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum â‚¹30 & maximum â‚¹25,000 )	Transaction Charges (debit) : Rs 8 + Rs 5.50 (CDSL charges) per ISIN
Pledge Creation Charges	Pledge Creation Charges : 0.02% or minimum of â‚¹35	Pledge Creation Charges : Rs 50 per set up
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : 0.02% or minimum of â‚¹35	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : 0.02% or minimum of â‚¹35	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 : â‚¹200 for restoring services if account is suspended for non payment of charges.	Other Charges : -
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ICICI Direct vs ProStocks Basic Details

ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 1869925 and Total Number of Branches is 154 . ProStocks Year of Incorporation is 2016 and Total Number of Clients is 6202 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 : 1,869,925	Total Number of Clients : 6,202
Total Number of Branches	Total Number of Branches : 154	Total Number of Branches : 1
Products *	Products : -	Products : ProStocks Mobile,Web & Desktop. BSE Best
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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
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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
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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 N Trade *	Call N Trade : -	Call N 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
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	Open Account	Open Account