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ICICIDirect Vs Fyers Vs ProStocks: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Fyers ranges between Rs 20, while the brokerage of ProStocks ranges between Rs 15. The broker Fyers and ProStocks are a discount brokers where ICICIDirect is a full service broker. Overall rating for ICICIDirect is 4, Fyers is rated 4, ProStocks is rated 4 out of 5.

Here we present side-by-side comparison of ICICIDirect vs Fyers vs ProStocks stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ICICIDirect vs Fyers vs ProStocks on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better ICICIDirect vs Fyers vs ProStocks in this setion with 360 degree view of broker information.

Compare ICICIDirect vs Fyers vs ProStocks on Service

  ICICIDirect Compare
ICICIDirect
Fyers Compare
Fyers
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX NSE, BSE
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...Know more about Fyers Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... Know more about ProStocks
Broker Enquiry Request call back from Zerodha Request call back from Fyers Request call back from ProStocks
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Account Opening Charges and AMC

Compare ICICIDirect vs Fyers vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect vs Fyers vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, Fyers charges Free AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs Fyers vs ProStocks
Charges ICICIDirect Fyers ProStocks
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 per annum Free Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Fyers vs ProStocks on Plan Options

Plans are the most important feature you look when compare ICICIDirect vs Fyers vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect and ProStocks offers Multiple Plans where Fyers doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where ICICIDirect and Fyers doesn't offer.

Compare ICICIDirect vs Fyers vs ProStocks on Plan Options
Plan Types ICICIDirect Fyers ProStocks
Multiple Plans Yes No Yes
Monthly Plans No No Yes
Yearly Plans No No Yes
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Account Opening Request

Account Opening

  Zerodha Fyers ProStocks
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Fyers vs ProStockson Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Brokerage Charges - Compare ICICIDirect vs Fyers vs ProStocks
Brokerage Charges Compare ICICIDirect Fyers ProStocks
Plan Name NEO Flat Discount Brokerage Plan Max Rs 20 Per Order Trading Plan Flat Fee Rs 15 Trading Plan
Equity Delivery 0.55% Free Free
Equity Intraday Flat Rs. 20 per order 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures Free (Rs. 0 brokerage) 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Options Flat Rs. 20 per order Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures Flat Rs. 20 per order 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options Flat Rs. 20 per order Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Flat Rs. 20 per order Flat Fee Rs 20 NA
Minimum Brokerage Rs 35 per trade NA
Hidden Charges Yes No
Funding Yes - 18% interest PA No No
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs 50 Per Order Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges First 20 call free and Rs 25 there onwards. Rs 50 Per Order Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Fyers Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare ICICIDirect vs Fyers vs ProStocks on Transaction Charges

Compare ICICIDirect vs Fyers vs ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare ICICIDirect vs Fyers vs ProStocks
Transaction Charges Compare ICICIDirect Fyers ProStocks
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA NA NA
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for fyers Complete Brokerage Plans for prostocks
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Account Features

Compare ICICIDirect vs Fyers vs ProStocks on Account Features

Compare ICICIDirect vs Fyers vs ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 Account where Fyers and ProStocks offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect offers margin funding where Fyers and ProStocks doesn't offers margin funding. NRI Trading - ICICIDirect and ProStocks offers NRI Trading where Fyers doesn't offers NRI Trading.

Account Features - ICICIDirect vs Fyers vs ProStocks
Account Features Compare ICICIDirect Fyers ProStocks
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No ICICIDirect have 2-in-1 account. Only Demate and Trading account. No ProStocks have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes No Yes
Online Demo Yes Yes Yes
Online Portfolio Yes No No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity No Yes No
Intraday Square-off Time 3:15PM 3:15 PM 3:15PM
NRI Trading Yes No Yes
Other Features NIL Fyers 30 Day Challenge NIL
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Trading Platform

Compare ICICIDirect vs Fyers vs ProStockson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Fyers vs ProStocks. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare ICICIDirect vs Fyers vs ProStocks
Trading Platform Compare ICICIDirect Fyers ProStocks
Desktop Trading Platform Trade Racer Fyers One Star ProStocks
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) Yes No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.icicidirect.com

Fyers Web

https://www.prostocksweb.com/

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No Yes
Mobile Trading Yes Yes Yes
Mobile Trading App ICICI direct Mobile Fyers 2.0 Mobile App Star ProStocks
Mobile Trading App Demo ICICI direct Mobile Demo Fyers 2.0 Mobile App Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod Fyers 2.0 Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS Fyers 2.0 Mobile App Download iOS Star ProStocks Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Fyers Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Fyers Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Fyers Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for fyers Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare ICICIDirect vs Fyers vs ProStocks on User Rating

  ICICIDirect Fyers ProStocks
  267 Customer Reviews    Rate ICICIDirect 11 Customer Reviews    Rate Fyers 4 Customer Reviews    Rate ProStocks
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews Fyers is Rated 3.2 / 5 based on 11 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare ICICIDirect vs Fyers vs ProStocks on Investment Offerings

Compare ICICIDirect vs Fyers vs ProStocks on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Fyers offers Commodity Trading where ICICIDirect and ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - ICICIDirect and Fyers offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect offers PMS facility where Fyers and ProStocks doesn't offers PMS facility.

Investment Offerings - Compare ICICIDirect vs Fyers vs ProStocks
Investment Offerings Compare ICICIDirect Fyers ProStocks
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity No Yes No
Online IPO Application Yes Yes No
Mutual Funds Yes Yes No
Bond / NCD Yes No No
ETF Yes Yes Yes
Banking Yes No No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes Yes No
Equity SIP Investment Yes No No
PMS Service Yes No No
Other Investment Options NIL NIL NIL
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Order Types

Compare ICICIDirect vs Fyers vs ProStocks on Order Types

Order Type - Compare ICICIDirect vs Fyers vs ProStocks on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Fyers and ProStocks provides Bracket Orders (BO) facility where ICICIDirect doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare ICICIDirect vs Fyers vs ProStocks
Order Type Compare ICICIDirect Fyers ProStocks
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order No Yes Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes Yes
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Customer Service Offered

Compare ICICIDirect vs Fyers vs ProStocks on Customer Service

Compare ICICIDirect vs Fyers vs ProStocks on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare ICICIDirect vs Fyers vs ProStocks
Customer Service Compare ICICIDirect Fyers ProStocks
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes No No
Customer Care Number 1860 123 1122 08060001111 +91-2262-434343
Account Opening Process Online 100% online and paperless proc Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://fyers.in/school-of-stocks/ https://www.prostocks.com/faq.html
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website https://www.icicidirect.com https://fyers.in/ https://www.prostocks.com
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Tips/Research/Reports Published

Compare ICICIDirect vs Fyers vs ProStocks on Research Reports, Tips

Compare ICICIDirect vs Fyers vs ProStocks on research reports and tips provided by broker.

Research Reports - Compare ICICIDirect vs Fyers vs ProStocks
  ICICIDirect Fyers ProStocks
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes Yes No
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Demat Account

Compare ICICIDirect vs Fyers vs ProStocks on Demat Account

Compare ICICIDirect vs Fyers vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect vs Fyers vs ProStocks
  ICICIDirect Fyers ProStocks
DP Source CDSL CDSL CDSL
DP ID 14300 432-2019 83200
Demat Account Annual Maintenance Charges(AMC) ₹700 pa Free Free (₹1000 Refundable Deposit)
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Nil 1000/- Refundable Deposit against charges
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) ₹7 + ₹5.50 (CDSL Charges) per transaction ₹20 per ISIN
Demat ₹50 per set up ₹0 ₹50 per set up + ₹50 courier charges
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹0 ₹50 per set up + ₹50 courier charges
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) Nil ₹50
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil Nil
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) Nil ₹50
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil Nil
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) Nil ₹50
Failed Instruction Charges ₹30 per transaction Nil ₹50 per transaction
Other Charges Nil Stamp Charges ₹50, Nil
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Fyers vs ProStocks on Special Offers and Promotion

Compare ICICIDirect vs Fyers vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ICICIDirect vs Fyers vs ProStocks on Special Offers and Promotion
  ICICIDirect Fyers ProStocks
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Instant to ICICI Bank. Up to 24 Hrs except for Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Info Not Available 24+ banks connected via payment gateway, Free pay in and Free Pay Out. Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail Direct from your ICICI bank account. Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

Detail Review...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

Detail Review...

Dislikes
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
Enquire for ICICIDirect Enquire for Fyers Enquire for ProStocks

Last Updated on 2023-09-14T04:34:26+00:00