ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstock
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, Derivatives, IPO, Mutual Funds, Fixed Deposits, Bonds, and Commodity trading at BSE and NSE. The company also offers NCD, wealth products, Home Loans, Insurance, etc.
ICICIdirect's most popular service is its 3-in-1 account, which includes the ICICI Bank Account, ICICI Trading Account, and... 
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 <mark>unlimited Equity and Derivatives Trading at Rs 899 per month</mark> 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...
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 Prostocks Account |
ICICIdirect trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is For Individual account: Rs. 700 p.a. 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 | For Individual account: Rs. 700 p.a. | Rs 0 (Lifetime Zero AMC) |
ICICIdirect brokerage charges for equity is 0.29% and intraday is 0.029% whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.
| Account Type | ICICIdirect ICICI Direct Moneysaver Plan | Prostocks Flat Rate Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | 0.29% | Rs 0 (Free) |
| Equity Intraday | 0.029% | Rs 15 per executed order |
| Equity Futures | 0.029% | Rs 15 per executed order |
| Equity Options | Rs 49 per lot | 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 | 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.
|
| ICICIdirect | Prostocks | |
|---|---|---|
| Account Type | Prime Plan - 299 | Unlimited Equity Trading Plan |
| Fixed Charges | Rs 299 yearly | Rs 899 |
| Equity Delivery | 0.25% | Rs 0 |
| Equity Intraday | 0.025% | Rs 0 |
| Equity Futures | 0.025% | Rs 0 |
| Equity Options | Rs 49 per lot | Rs 0 |
| Currency Futures | Rs 20 per order | NA |
| Currency Options | Rs 20 per order | NA |
| Commodity Futures | Rs 20 per lot | NA |
| Commodity Options | Rs 20 per lot | NA |
| Open Prostocks Account |
| ICICIdirect | Prostocks | |
|---|---|---|
| Account Type | Prime Plan - 9999 | Unlimited Currency Trading Plan |
| Fixed Charges | Rs 9999 one time | Rs 499 |
| Equity Delivery | 0.07% | NA |
| Equity Intraday | 0.007% | NA |
| Equity Futures | 0.007% | NA |
| Equity Options | Rs 9 per lot | NA |
| Currency Futures | Rs 20 per order | Rs 0 |
| Currency Options | Rs 20 per order | Rs 0 |
| Commodity Futures | Rs 20 per lot | NA |
| Commodity Options | Rs 20 per lot | NA |
| Open Prostocks Account |
| Minimum Brokerage | No minimum brokerage (Moneysaver Plan) | Rs 0 |
| Other Charges | Daily MTF Interest Rates: 0.049% | Yearly Margin Trading Interest: 17.99% | |
| Call & Trade Charges | Rs 50 per trade | Rs 0 (Free) |
| Open Prostocks Account |
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 Prostocks Account |
The trading platforms offered ICICIdirect include ICICI Direct.com (website), ICICI Direct Mobile App. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.
| ICICIdirect | Prostocks | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | ICICI Direct.com (website), ICICI Direct Mobile App | ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API |
| Intraday Square-off Time | 3:15 PM | Equity 3:15 PM | Curr: 4:45 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Daily, monthly and yearly free research recommendations, 100% limit in shares as margin | |
| Open Prostocks Account |
ICICIdirect is rated of 5 based on 484 customer reviews whereas Prostocks is rated of 5 based on 42 customer reviews.
| ICICIdirect | Prostocks | |
|---|---|---|
484 Customer Reviews  | 42 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities | |  |
| Overall Rating |  | |
| Broker Rating | ICICIdirect is Rated 2.3 / 5 based on 484 customer reviews | Prostocks is Rated 3.2 / 5 based on 42 customer reviews |
| ICICIdirect | Prostocks | |
|---|---|---|
| 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 | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| 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 Prostocks Account |
| ICICIdirect | Prostocks | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| ICICIdirect | Prostocks | |
|---|---|---|
| Pros |
|
|
| Cons |
| |
| 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. | |
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| 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 |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Prostocks Account
