ICICIDirect Vs Paytm Money Vs ProStocks: Which one is better?

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

Here we present side-by-side comparison of ICICIDirect vs Paytm Money 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 Paytm Money 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 Paytm Money vs ProStocks in this setion with 360 degree view of broker information.

Compare 2 Brokers

Compare ICICIDirect vs Paytm Money vs ProStocks on Service

	ICICIDirect	Paytm Money	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	NSE, BSE	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...	In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ...	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...
Broker Enquiry

Account Opening Charges and AMC

Compare ICICIDirect vs Paytm Money vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect vs Paytm Money 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, Paytm Money 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 Paytm Money vs ProStocks
Charges	ICICIDirect	Paytm Money	ProStocks
Trading Account Opening Fees	Free	Free	Free
Trading AMC	Free	Rs 30 per month (Platform fees)	Free
Demat Account Opening Fees	Free	Free	Free
Demat AMC	Rs 300 per annum	Free	Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service

About Brokerage Plans

Compare ICICIDirect vs Paytm Money vs ProStocks on Plan Options

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

Compare ICICIDirect vs Paytm Money vs ProStocks on Plan Options
Plan Types	ICICIDirect	Paytm Money	ProStocks
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Zerodha	Paytm Money	ProStocks
Account Opening Request	Open Zerodha Account Now>>	Open Paytm Money Account Now>>	Open ProStocks Account Now>>

Brokerage Charges

Compare ICICIDirect vs Paytm Money 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.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

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 Paytm Money vs ProStocks
Brokerage Charges Compare	ICICIDirect	Paytm Money	ProStocks
Plan Name	NEO Flat Discount Brokerage Plan	Flat Brokerage Plan	Flat Fee Rs 15 Trading Plan
Equity Delivery	0.55%	2.5% or Rs 20 whichever is lower	Free
Equity Intraday	Flat Rs. 20 per order	0.05% or Rs 20 whichever is lower	Flat Fee Rs 15
Equity Futures	Free (Rs. 0 brokerage)	0.02% 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	NA	Flat Fee Rs 15
Currency Options	Flat Rs. 20 per order	NA	Flat Fee Rs 15
Commodity Trading	Flat Rs. 20 per order	NA	NA
Minimum Brokerage	Rs 35 per trade		NA
Hidden Charges	Yes	No
Funding	Yes - 18% interest PA	Info Not Available	No
Call & Trade Charges	First 20 call free and Rs 25 there onwards.	Rs 100/order +GST	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/order + GST	Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator	Brokerage Calculator for ICICIDirect	Brokerage Calculator for Paytm Money	Brokerage Calculator for ProStocks

Share Broker's Transaction Charges

Compare ICICIDirect vs Paytm Money vs ProStocks on Transaction Charges

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

Transaction Charges - Compare ICICIDirect vs Paytm Money vs ProStocks
Transaction Charges Compare	ICICIDirect	Paytm Money	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 paytm-money	Complete Brokerage Plans for prostocks

Account Features

Compare ICICIDirect vs Paytm Money vs ProStocks on Account Features

Compare ICICIDirect vs Paytm Money 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 Paytm Money and ProStocks offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect offers margin funding where Paytm Money and ProStocks doesn't offers margin funding. NRI Trading - ICICIDirect and ProStocks offers NRI Trading where Paytm Money doesn't offers NRI Trading.

Account Features - ICICIDirect vs Paytm Money vs ProStocks
Account Features Compare	ICICIDirect	Paytm Money	ProStocks
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:10 PM	3:15PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare ICICIDirect vs Paytm Money vs ProStockson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Paytm Money 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 Paytm Money vs ProStocks
Trading Platform Compare	ICICIDirect	Paytm Money	ProStocks
Desktop Trading Platform	Trade Racer	Paytm Money	Star ProStocks
Desktop Demo	Desktop Demo	Info Not Available	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://www.icicidirect.com	Paytm Money Web	https://www.prostocksweb.com/
Web Trading Demo	Web Trading Demo	Web Trading Demo	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	ICICI direct Mobile	Paytm Money App	Star ProStocks
Mobile Trading App Demo	ICICI direct Mobile Demo	Paytm Money App Demo	Info Not Available
Android Mobile App
Android App Download	Andriod ICICI direct Mobile Download	Andriod Paytm Money App Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS ICICI direct Mobile Download	iOS Paytm Money App Download	iOS Star ProStocks Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Rs. 30 per month	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for ICICIDirect	Equity Intraday and Delivery Brokerage Calculator for Paytm Money	Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator	Futures Brokerage Calculator for ICICIDirect	Futures Brokerage Calculator for Paytm Money	Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator	Options Brokerage Calculator for ICICIDirect	Options Brokerage Calculator for Paytm Money	Options Brokerage Calculator for ProStocks
Detail	Detail on Trading Platforms for icicidirect	Detail on Trading Platforms for paytm-money	Detail on Trading Platforms for prostocks

Broker Ratings by Users

Compare ICICIDirect vs Paytm Money vs ProStocks on User Rating

	ICICIDirect	Paytm Money	ProStocks
	267 Customer Reviews	6 Customer Reviews	4 Customer Reviews
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	Paytm Money is Rated 3.0 / 5 based on 6 customer reviews	ProStocks is Rated 4.5 / 5 based on 4 customer reviews

Investment Offerings

Compare ICICIDirect vs Paytm Money vs ProStocks on Investment Offerings

Compare ICICIDirect vs Paytm Money 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 - All 3 brokers doesn't offer Commodity Trading facility. Online Mutual Fund Investment - ICICIDirect and Paytm Money offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect offers PMS facility where Paytm Money and ProStocks doesn't offers PMS facility.

Investment Offerings - Compare ICICIDirect vs Paytm Money vs ProStocks
Investment Offerings Compare	ICICIDirect	ProStocks
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL

Order Types

Compare ICICIDirect vs Paytm Money vs ProStocks on Order Types

Order Type - Compare ICICIDirect vs Paytm Money 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) - Paytm Money 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 Paytm Money vs ProStocks
Order Type Compare	ICICIDirect	Paytm Money	ProStocks
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare ICICIDirect vs Paytm Money vs ProStocks on Customer Service

Compare ICICIDirect vs Paytm Money 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 Paytm Money vs ProStocks
Customer Service Compare	ICICIDirect	Paytm Money	ProStocks
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	1860 123 1122	Info Not Available	+91-2262-434343
Account Opening Process	Online	Online/Paperless	Online/Paperless
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://www.icicidirect.com/knowledge-center	https://www.paytmmoney.com/care	https://www.prostocks.com/faq.html
Head Office Address	ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020	Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034	Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063
Website	https://www.icicidirect.com	https://www.paytmmoney.com/	https://www.prostocks.com

Tips/Research/Reports Published

Compare ICICIDirect vs Paytm Money vs ProStocks on Research Reports, Tips

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

Research Reports - Compare ICICIDirect vs Paytm Money vs ProStocks
	ICICIDirect	Paytm Money	ProStocks
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare ICICIDirect vs Paytm Money vs ProStocks on Demat Account

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

Demat Charges - Compare ICICIDirect vs Paytm Money vs ProStocks
	ICICIDirect	Paytm Money	ProStocks
DP Source	CDSL	CDSL	CDSL
DP ID	14300	12088800	83200
Demat Account Annual Maintenance Charges(AMC)	₹700 pa	Zero	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)	₹10 per ISIN	₹20 per ISIN
Demat	₹50 per set up	₹250 per 100 shares	₹50 per set up + ₹50 courier charges
Remat	₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction	₹250 per 100 shares	₹50 per set up + ₹50 courier charges
Pledge Creation	0.02% (Min ₹35 and Max ₹25,000)	₹32 per ISIN	₹50
Pledge Creation Confirmation	0.02% (Min ₹35 and Max ₹25,000)	Nil	Nil
Pledge Closure	0.02% (Min ₹35 and Max ₹25,000)	₹32 per ISIN	₹50
Pledge Closure Confirmation	0.02% (Min ₹35 and Max ₹25,000)	Nil	Nil
Pledge Invocation	0.02% (Min ₹35 and Max ₹25,000)	₹32 per ISIN	₹50
Failed Instruction Charges	₹30 per transaction	Nil	₹50 per transaction
Other Charges	Nil	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Paytm Money vs ProStocks on Special Offers and Promotion

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

Compare ICICIDirect vs Paytm Money vs ProStocks on Special Offers and Promotion
	ICICIDirect	Paytm Money	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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking 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.	Max 24 hrs except bank holidays	Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges	Info Not Available	Paytm Money allows 190+ Banks.	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.	Info Not Available	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...	100% paperless KYC process No annual maintenance charges on Demat Account Free account opening at no cost Brokerage-free investment in direct mutual funds Transparent pricing model of Rs 20 brokerage One-tap investment in IPO User-friendly platforms with ease of investment Swift and secure UPI payment Bracket order, cover order, GTT order, and OCO order 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 commodity and currency trading Does not offer NRI trading Its platform are not free of cost. No 3-in-1 account opening facility. Does not offer Rs 0 brokerage unlimited monthly trading plans. Delivery trading is not free No trading terminal offered No branch or customer support High call & trade charge 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 Paytm Money	Enquire for ProStocks

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