ICICI Direct Vs Prostocks
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ICICI Direct Vs Prostocks - Broker Details
| ICICI Direct | Prostocks | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1995 | 2016 |
| Exchanges | BSE and NSE. | BSE and NSE |
| Branches | 250+ | 2 |
| Brokerage | Prime Plan: ₹900/- | ₹15/ Order |
| Broker Type | Full service Broker | Discount Broker |
ICICI Direct Vs Prostocks - Account Opening & AMC Charges
| ICICI Direct | Prostocks | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
ICICI Direct Vs Prostocks - Brokerage charges & Plans
| ICICI Direct | Prostocks | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹15/ Order |
| Currency Futures | ₹20/ Order | ₹15/ Order |
| Equity Delivery | ₹0.09% | ₹0 |
| Equity Options | ₹20/ Order | ₹15/ Order |
| Commodity Options | ₹20/ Order | ₹15/ Order |
| Equity Futures | ₹20/ Order | ₹15/ Order |
| Currency Options | ₹20/ Order | ₹15/ Order |
| Fixed Charges | ₹20/ Order | ₹15/ Order |
| Equity Intraday | ₹20/ Order | ₹15/ Order |
ICICI Direct Vs Prostocks - Other Charges
| ICICI Direct | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | ₹0 (Free) | ₹1000/Month |
| Call & Trade Charges | ₹50/ Order | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹15/ Order |
| Minimum Brokerage | ₹20/ Order | ₹15/ Order |
ICICI Direct Vs Prostocks - Transaction Charges
| ICICI Direct | Prostocks | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | NSE ₹4,000/Cr | BSE ₹100/Cr |
| Equity Futures | NSE: 0.002% | NSE ₹200/Cr | BSE ₹50/Cr |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE ₹345/Cr | BSE ₹345/Cr |
| Equity Options | NSE: 0.053% | NSE ₹5,300/Cr | BSE ₹2,500/Cr |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | N/A |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE ₹90/Cr | BSE ₹22/Cr |
| Equity Delivery | 0.00345% trade on buy & sell | NSE ₹345/Cr | BSE ₹345/Cr |
ICICI Direct Vs Prostocks - Margin (Exposure)
| ICICI Direct | Prostocks | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
ICICI Direct Vs Prostocks - Features
| ICICI Direct | Prostocks | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
ICICI Direct Vs Prostocks - Review & Rating
| ICICI Direct | Prostocks | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Prostocks - Request a call back from Broker
| ICICI Direct | Prostocks | |
|---|---|---|
ICICI Direct Vs Prostocks - Investment Options
| ICICI Direct | Prostocks | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
ICICI Direct Vs Prostocks - Order Type
| ICICI Direct | Prostocks | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
ICICI Direct Vs Prostocks - Research & Report
| ICICI Direct | Prostocks | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
ICICI Direct Vs Prostocks - Daily Market Report
| ICICI Direct | Prostocks | |
|---|---|---|
| Daily Market Reports & News |
|
|
ICICI Direct Vs Prostocks - Suitable For Investor
| ICICI Direct | Prostocks | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
ICICI Direct Vs Prostocks - Pros & Cons
| ICICI Direct | Prostocks | |
|---|---|---|
| Pros | 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. | 1.The Demat account opens with ₹0 AMC on paying a one-time refundable deposit of ₹1000. 2. It charges low transaction charge. 3. It provides the online IPO application facility. 4. It provides the best and fully functional trading platforms in the industry. 5. It provides exceptionally the best customer services. 6. It provides 24*7 customer service by using the Advance Interactive Voice Response. |
| Cons | 1. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. | 1. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility. 3.Average Customer Service. |
ICICI Direct Vs Prostocks - Background
| ICICI Direct | Prostocks | |
|---|---|---|
ICICI Direct Vs Prostocks - Compare All Brokers
| ICICI Direct | Prostocks | |
|---|---|---|
ICICI Direct Vs Prostocks - STT/CTT
| ICICI Direct | Prostocks | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
ICICI Direct Vs Prostocks - Demat transaction charges
| ICICI Direct | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹15 + Gst per scrip per day only on sell |
ICICI Direct Vs Prostocks - GST
| ICICI Direct | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
ICICI Direct Vs Prostocks - SEBI Charges
| ICICI Direct | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Prostocks - Account Opening & AMC Charges
ICICI Direct
Prostocks
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs Prostocks
| ICICI Direct | Prostocks | |
|---|---|---|
ICICI Direct Review | Brokerage Charges, Account OpeningWith ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
|
ProStocks Review | Brokerage Charges, Account OpeningProstocks is the Mumbai-based online stock broker that was incorporated in 2016. And It is a complete online broking company that offers convenient trading at the very economical rates. Prostocks review offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives across NSE and BSE m .. |
|
|
|
|
|
Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ICICI Direct Vs Prostocks - Brokerage charges & Plans
| ICICI Direct | Prostocks | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹15/ Order |
| Currency Futures | ₹20/ Order | ₹15/ Order |
| Equity Delivery | ₹0.09% | ₹0 |
| Equity Options | ₹20/ Order | ₹15/ Order |
| Commodity Options | ₹20/ Order | ₹15/ Order |
| Equity Futures | ₹20/ Order | ₹15/ Order |
| Currency Options | ₹20/ Order | ₹15/ Order |
| Fixed Charges | ₹20/ Order | ₹15/ Order |
| Equity Intraday | ₹20/ Order | ₹15/ Order |
| Call Back Open Account |
ICICI Direct Vs Prostocks - Margin (Exposure)
| ICICI Direct | Prostocks | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
ICICI Direct Vs Prostocks - Other Charges
| ICICI Direct | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | ₹0 (Free) | ₹1000/Month |
| Call & Trade Charges | ₹50/ Order | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹15/ Order |
| Minimum Brokerage | ₹20/ Order | ₹15/ Order |
ICICI Direct Vs Prostocks - STT/CTT
| ICICI Direct | Prostocks | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
ICICI Direct Vs Prostocks - Demat transaction charges
| ICICI Direct | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹15 + Gst per scrip per day only on sell |
ICICI Direct Vs Prostocks - GST
| ICICI Direct | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
ICICI Direct Vs Prostocks - SEBI Charges
| ICICI Direct | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Prostocks - Features
| ICICI Direct | Prostocks | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |