FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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The side-by-side comparison of ICICIdirect and Prostocks NRI Account. Compare ICICIdirect Vs Prostocks NRI Account brokerage charges, exposure margin, demat account and AMC. Read Prostocks and ICICIdirect NRI Account reviews.
Find out ICICIdirect Vs Prostocks which is better NRI Trading Account. See ICICIdirect Vs Prostocks which is best NRI Demat Account.
Our ICICI Securities Pvt Ltd. comparison with Prostocks highlights the major differences between two brokers. Find the best between ICICIdirect and Prostocks NRI Account.
ICICIdirect | Prostocks | |
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About the Broker | ICICI Bank offers trading and investment opportunities in India stock market to NRIs through ICICI NRI 3-in-1 account. It is a combination of an NRI saving bank account, an NRI Demat, and an NRI trading account. The ICICI 3 in 1 Account for NRI enab... | Prostocks is a flat-fee discount stock broker offering online investing and trading services to Resident and NRI Investors. It offers a 2-in-1 account, combining trading and demat account, to NRIs to trade across equity, derivatives, mutual funds, an... |
Account Type | NRI Account | NRI Account |
Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
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.
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ICICIdirect | Prostocks | |
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NRI Account Opening Fees | ₹4000 | ₹0 |
NRI Account AMC | ₹0 | ₹0 |
NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 (Free) |
NRI Demat Account AMC | Rs 300 (from 2nd year) | Rs 0 (Lifetime Zero AMC) |
PIS Account AMC | NA | |
RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
Open Prostocks Account |
Account Type | ICICIdirect NRI Account | Prostocks NRI Account |
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Equity Delivery | 0.50% - 1.25% | ₹100 per executed order |
Equity Futures | 0.03% - 0.05% | ₹100 per executed order |
Equity Options | ₹70 to ₹95 | ₹100 per executed order |
Open Prostocks Account |
Contract Note Reporting Charges | NA | |
Other Brokerage Charges | ||
TDS Charges on Long Term Gain (Holding > 365 Days) | 11.96% | 11.96% |
TDS Charges on Short Term Gain (Holding <= 365 Days) | 17.94% | 17.94% |
ICICIdirect | Prostocks | |
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Securities Transaction Tax (STT) |
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Exchange Transaction Charges | Check Exchange Transaction Fee | |
SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
Stamp Duty | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. |
ICICIdirect Margin | Prostocks Margin | |
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Equity Delivery | 1x | 1x |
Equity Futures | 1x | 1x |
Equity Options | 1x | 1x |
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage. |
ICICIdirect | Prostocks | |
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3-in-1 Account | ||
Automated Trading | ||
Free Research And Tips | ||
Other Features | Trading API, GTC & AMO orders | |
Open Prostocks Account |
ICICIdirect Review | Prostocks Review | |
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481 Customer Reviews | 41 Customer Reviews | |
Fees | ||
Brokerage | ||
Trading Platform | ||
Customer Service | ||
Overall Rating | ||
Broker Rating | ICICIdirect is Rated 2.4 / 5 based on 481 customer reviews | Prostocks is Rated 3.3 / 5 based on 41 customer reviews |
Open Prostocks Account |
ICICIdirect Enquire | Prostocks Enquire | |
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Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | 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. |
ICICIdirect | Prostocks | |
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Stocks | ||
Initial Public Offers (IPO) | ||
Mutual Funds | ||
Other Investment Options | ETF, Corporate Bonds, NCD, FD, Insurance |
ICICIdirect | Prostocks | |
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Customer Care Number | +91-22-28307780 | +91 88503 17671, +91 22 6243 4343, +91 22 3811 011 |
Customer Care Email | nri@icicidirect.com | sales@prostocks.com |
Open Prostocks Account |
ICICIdirect | Prostocks | |
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Bracket Order | ||
Cover Order | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) |
ICICIdirect | Prostocks | |
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Pros |
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Cons |
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Conclusion
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ICICI is a highly recommended trading account for NRIs who are looking for investing in the stock market and mutual funds in India. It offers a convenient way to invest with competitive brokerage charges. It offers a range of investment options along with a dedicated RM, NRI support desk, free research, and tips. GTC and AMO order helps NRI customers to place an order in their own convenient timings. |
Prostocks offer online trading service at the cheapest brokerage rate to the NRIs. It has partnerships with 5 popular banks in India to offer NRI trading. The free account opening and AMC free demat & trading account is an added advantage for the NRI customers. Prostocks doesn't provide research and advisory service. It suits well for frequent traders who execute 100's of trades daily. |
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Prostocks Special OfferUnlimited Monthly Trading @ Rs 899
This is a limited-time offer. Open FREE Instant Demat Account and start trading today. |
Open Prostocks Account |
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Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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