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ICICIdirect Vs Prostocks (Compare ICICIdirect and Prostocks)

About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc. ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tradin...

ICICIdirect Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited Equity and Derivatives Trading at Rs 899 per month or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this pl...

Prostocks Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

ICICIdirect Vs Prostocks

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

	ICICIdirect	Prostocks
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE
Year of Incorporation	2000	2016
Number of Branches	154	1
	Open ICICIdirect Account	Open Prostocks Account

ICICIdirect Vs Prostocks Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

	ICICIdirect	Prostocks
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 300 (from 2nd year)	Rs 0 (Lifetime Zero AMC)

ICICIdirect Vs Prostocks Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type	ICICIdirect ICICI Neo Plan	Prostocks Flat Rate Plan
Fixed Charges	NA	NA
Equity Delivery	0.55%	Rs 0 (Free)
Equity Intraday	Rs 20 per order	Rs 15 per executed order
Equity Futures	Rs 0 (Free)	Rs 15 per executed order
Equity Options	Rs 20 per order	Rs 15 per executed order
Currency Futures	Rs 20 per order	Rs 15 per executed order
Currency Options	Rs 20 per order	Rs 15 per executed order
Commodity Futures	Rs 20 per order	NA
Commodity Options	Rs 20 per order	NA
Special Offer	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	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.

ICICIdirect Vs Prostocks Brokerage Plan 2

	ICICIdirect	Prostocks
Account Type	I-Secure Plan	Unlimited Equity Trading Plan
Fixed Charges	NA	Rs 899
Equity Delivery	0.55%	Rs 0
Equity Intraday	0.275%	Rs 0
Equity Futures	0.05%	Rs 0
Equity Options	Rs 95 per lot	Rs 0
Currency Futures	Rs 20 per order	NA
Currency Options	Rs 20 per order	NA
Commodity Futures	Rs 20 per order	NA
Commodity Options	Rs 20 per order	NA
	Open ICICIdirect Account	Open Prostocks Account

ICICIdirect Vs Prostocks Brokerage Plan 3

	ICICIdirect	Prostocks
Account Type	ICICI Neo Plan	Unlimited Currency Trading Plan
Fixed Charges	NA	Rs 499
Equity Delivery	0.55%	NA
Equity Intraday	Rs 20 per order	NA
Equity Futures	Rs 0 (Free)	NA
Equity Options	Rs 20 per order	NA
Currency Futures	Rs 20 per order	Rs 0
Currency Options	Rs 20 per order	Rs 0
Commodity Futures	Rs 20 per order	NA
Commodity Options	Rs 20 per order	NA
	Open ICICIdirect Account	Open Prostocks Account

ICICIdirect Charges Vs Prostocks

Minimum Brokerage	Rs 35 per trade (I-Secure Plan)	Rs 0
Other Charges	Margin Trading Interest: 0.025% Per day
Call & Trade Charges	Rs 50 per trade	Rs 0 (Free)

ICICIdirect Vs Prostocks Transaction Charges

ICICIdirect transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium).

	ICICIdirect	Prostocks
Equity Delivery	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Futures	NSE Rs 200 per Cr (0.002%)	NSE Rs 200 per Cr (0.002%) \| BSE Rs 50 per Cr (0.0005%)
Equity Options	NSE Rs 5300 per Cr (0.053%) (on premium)	NSE Rs 5300 per Cr (0.053%) \| NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 25 per Cr (0.00025%)
Currency Options	NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Group A - Rs 260 per Cr (0.0026%)
	Open ICICIdirect Account	Open Prostocks Account

ICICIdirect Vs Prostocks Leverage (Margin)

ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Prostocks margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	ICICIdirect	Prostocks
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open ICICIdirect Account	Open Prostocks Account

Compare ICICIdirect and Prostocks Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

	ICICIdirect	Prostocks
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time	3:30 PM	Equity 3:15 PM \| Curr: 4:45 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader
	Open ICICIdirect Account	Open Prostocks Account

ICICIdirect Vs Prostocks Review

ICICIdirect is rated 2.4 of 5 based on 465 customer reviews whereas Prostocks is rated 3.3 of 5 based on 39 customer reviews.

	ICICIdirect	Prostocks
	465 Customer Reviews	39 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICIdirect is rated 2.4 of 5 based on 465 customer reviews	Prostocks is rated 3.3 of 5 based on 39 customer reviews

Contact Broker / Request A Call Back

	ICICIdirect Enquire	Prostocks Enquire
Contact Broker	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	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 Vs Prostocks Investment Options

	ICICIdirect	Prostocks
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

ICICIdirect Vs Prostocks Order Type Offered

	ICICIdirect	Prostocks
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open ICICIdirect Account	Open Prostocks Account

ICICIdirect Vs Prostocks Research Report

	ICICIdirect	Prostocks
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICIdirect Vs Prostocks Suitable For Investor Type

	ICICIdirect	Prostocks
Casual Investor
Active Investor
Trader

ICICIdirect Vs Prostocks - Pros and Cons

	ICICIdirect	Prostocks
Pros	Offers 3-in-1 account which makes stock market investment very easy for casual investors. Wide range of investment options available under one portal. Provides a low bandwidth website which works well where internet connection is slow. GTC (good till cancellation) and off-market hours order placement facility is very useful.	Cheapest flat fee broker in India. Offers Rs 899 unlimited equity and equity f&o trading and Rs 15 per trade plan. Cover Order (CO) is available in unlimited monthly plan. Bracket order is coming soon. Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account. 2-in-1 Accounts offers seamless transactions between trading and demat account. 2 Pricing plans to choose from. Lowest exchange transaction changes, guaranteed. Life time free demat account with one time Rs 1000 deposit. No account opening and no annual maintenance charges. ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee. Cheapest Call & Trade fee (Rs 10 per executed order) among all discount brokers. Other brokers charge minimum Rs 20 per trade. 24x7 customer service though Advance Interactive voice response(IVR).
Cons	ICICI Security charges highest brokerage in comparison to most of the retail brokers in India. Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower. Poor performance of website is reported in peak hours of trading. Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750. Demat Account is mandatory. Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.
Reviews		ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market. ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds. The Top 10 Reasons to Trade with ProStocks
Promo / Offers	ICICIdirect Special Offer ICICIdirect Neo Plan (Discount Brokerage) Open a 3-in-1 account with Neo Plan for: Free Account Opening Brokerage-Free Equity Futures trading Flat Rs. 20 per trade brokerage in Options, Currency F&O and Commodity futures in BSE, NSE and MCX Free trading tips Get funds in your bank account in just 5 minutes of selling stocks Interested in opening a trading account? Open Instant Account Now	Prostocks Special Offer Unlimited Monthly Trading @ Rs 899 Monthly unlimited trading plan @ Rs 899. Or Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O + Lifetime Free AMC Demat Account + API for algo trading. This is a limited-time offer. Open FREE Instant Demat Account and start trading today.
	Open ICICIdirect Account	Open Prostocks Account

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