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The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of TradeSmart ranges between Rs 15, while the brokerage of ProStocks ranges between Rs 15. The broker TradeSmart and ProStocks are a discount brokers where ICICIDirect is a full service broker. Overall rating for ICICIDirect is 4, TradeSmart is rated 4, ProStocks is rated 4 out of 5.
Here we present side-by-side comparison of ICICIDirect vs TradeSmart 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 TradeSmart 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 TradeSmart vs ProStocks in this setion with 360 degree view of broker information.
 ICICIDirect |
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| Broker Type | Full Service Broker | Discount Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | BSE, NSE, MCX, NCDEX | 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...  |
Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support. | 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... |
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In this section we have compared ICICIDirect vs TradeSmart vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect and ProStocks offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, TradeSmart charges Rs 300 PA AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
| Charges | ICICIDirect | TradeSmart | ProStocks |
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| Trading Account Opening Fees | Free | Rs 200 | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Rs 200 | Free |
| Demat AMC | Rs 300 per annum | Rs 300 PA | Rs 0 (Rs 1000 Refundable Deposit) |
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Plans are the most important feature you look when compare ICICIDirect vs TradeSmart vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers offers Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - ProStocks offers Monthy Plans where ICICIDirect and TradeSmart doesn't offer.
| Plan Types | ICICIDirect | TradeSmart | ProStocks |
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| Zerodha | Zerodha | ProStocks | |
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| Account Opening Request |
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.
TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.
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 | TradeSmart | ProStocks |
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| Plan Name | NEO Flat Discount Brokerage Plan | Flat Fee Rs 15 Trading Plan (Power Plan) | Flat Fee Rs 15 Trading Plan |
| Equity Delivery | 0.55% | Flat Fee Rs 15 | Free |
| Equity Intraday | Flat Rs. 20 per order | Flat Fee Rs 15 | Flat Fee Rs 15 |
| Equity Futures | Free (Rs. 0 brokerage) | Flat Fee Rs 15 | Flat Fee Rs 15 |
| Equity Options | Flat Rs. 20 per order | Flat Fee Rs 15 | Flat Fee Rs 15 |
| Currency Futures | Flat Rs. 20 per order | Flat Fee Rs 15 | Flat Fee Rs 15 |
| Currency Options | Flat Rs. 20 per order | Flat Fee Rs 15 | Flat Fee Rs 15 |
| Commodity Trading | Flat Rs. 20 per order | Flat Fee Rs 15 | 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 20 per executed 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 20 per executed Order | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
| Brokerage Calculator | Brokerage Calculator for ICICIDirect | Brokerage Calculator for TradeSmart | Brokerage Calculator for ProStocks |
Compare ICICIDirect vs TradeSmart vs ProStocks on transaction charges and PCM fee by segment.
| Transaction Charges Compare | ICICIDirect | TradeSmart | ProStocks |
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| 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 | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for icicidirect | Complete Brokerage Plans for trade-smart-online | Complete Brokerage Plans for prostocks |
Compare ICICIDirect vs TradeSmart 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 TradeSmart and ProStocks offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect offers margin funding where TradeSmart and ProStocks doesn't offers margin funding. NRI Trading - ICICIDirect and ProStocks offers NRI Trading where TradeSmart doesn't offers NRI Trading.
| Account Features Compare | ICICIDirect | TradeSmart | ProStocks |
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| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs TradeSmart 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 | TradeSmart | ProStocks |
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| Desktop Trading Platform | Trade Racer | NEST Trader & Fox Trader | Star ProStocks |
| Desktop Demo | Desktop Demo | Desktop Demo | Info Not Available |
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| Web Trading Platform | |
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| Web Trading Detail |
https://www.icicidirect.com |
https://sine.tradesmartonline.in/userMaster/login |
https://www.prostocksweb.com/ |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Info Not Available |
| Mobile Site | |
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| Mobile Trading App | ICICI direct Mobile | Sine | Star ProStocks |
| Mobile Trading App Demo | ICICI direct Mobile Demo | Sine Demo | Info Not Available |
| Android Mobile App | |
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| Android App Download | Andriod ICICI direct Mobile Download | Andriod Sine Download | Andriod Download |
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| iOS App Download | iOS ICICI direct Mobile Download | iOS Sine Download | iOS Star ProStocks Download |
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| Trading Software Charges | Free | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for ICICIDirect | Equity Intraday and Delivery Brokerage Calculator for TradeSmart | Equity Intraday and Delivery Brokerage Calculator for ProStocks |
| Futures Brokerage Calculator | Futures Brokerage Calculator for ICICIDirect | Futures Brokerage Calculator for TradeSmart | Futures Brokerage Calculator for ProStocks |
| Options Brokerage Calculator | Options Brokerage Calculator for ICICIDirect | Options Brokerage Calculator for TradeSmart | Options Brokerage Calculator for ProStocks |
| Detail | Detail on Trading Platforms for icicidirect | Detail on Trading Platforms for trade-smart-online | Detail on Trading Platforms for prostocks |
| ICICIDirect | TradeSmart | ProStocks | ||
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267 Customer Reviews
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34 Customer Reviews
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4 Customer Reviews
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| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews | TradeSmart is Rated 4.0 / 5 based on 34 customer reviews | ProStocks is Rated 4.5 / 5 based on 4 customer reviews |
Compare ICICIDirect vs TradeSmart 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 - TradeSmart offers Commodity Trading where ICICIDirect and ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - ICICIDirect offers online mutual fund investment where TradeSmart and ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect offers PMS facility where TradeSmart and ProStocks doesn't offers PMS facility.
| Investment Offerings Compare | ICICIDirect | TradeSmart | ProStocks |
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| Equity Cash and F&O | |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare ICICIDirect vs TradeSmart 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) - TradeSmart 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 - ICICIDirect and ProStocks offers Good Till Cancelled (GTC) orders facility where TradeSmart doesn't provides GTC.
| Order Type Compare | ICICIDirect | TradeSmart | ProStocks |
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| CNC order | |
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| MIS order | |
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| Cover order | |
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Compare ICICIDirect vs TradeSmart 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 Service Compare | ICICIDirect | TradeSmart | ProStocks |
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| 24/7 Customer Service | |
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| Customer Care Number | 1860 123 1122 | 022 61208000 | +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://help.tradesmartonline.in/ | https://www.prostocks.com/faq.html |
| Head Office Address | ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020 |
Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063 |
| Website | https://www.icicidirect.com | https://tradesmartonline.in/ | https://www.prostocks.com |
Compare ICICIDirect vs TradeSmart vs ProStocks on research reports and tips provided by broker.
| ICICIDirect | TradeSmart | ProStocks | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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| Quarterly Result Analysis | |
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Compare ICICIDirect vs TradeSmart vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details
| ICICIDirect | TradeSmart | ProStocks | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 14300 | 30400 | 83200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹700 pa | ₹300 pa | 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) | ₹25 | ₹20 per ISIN |
| Demat | ₹50 per set up | ₹500 per certificate (Min ₹500 per request) | ₹50 per set up + ₹50 courier charges |
| Remat | ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction | ₹500 per certificate (Min ₹500 per request) | ₹50 per set up + ₹50 courier charges |
| Pledge Creation | 0.02% (Min ₹35 and Max ₹25,000) | ₹200 per script ₹50 for trading margin each side |
₹50 |
| Pledge Creation Confirmation | 0.02% (Min ₹35 and Max ₹25,000) | Nil | Nil |
| Pledge Closure | 0.02% (Min ₹35 and Max ₹25,000) | ₹200 per script | ₹50 |
| Pledge Closure Confirmation | 0.02% (Min ₹35 and Max ₹25,000) | Nil | Nil |
| Pledge Invocation | 0.02% (Min ₹35 and Max ₹25,000) | ₹200 per script | ₹50 |
| Failed Instruction Charges | ₹30 per transaction | Nil | ₹50 per transaction |
| Other Charges | Nil | Nil | Nil |
Compare ICICIDirect vs TradeSmart vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| ICICIDirect | TradeSmart | ProStocks | |
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| 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 SIGN Mobile, SIGN Web and NEST Software. 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 Bank Holidays. | Upto 24 Hrs except Bank Holidays. |
| Bank Supported and Charges | Info Not Available | Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. | 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. | VNS Finance and Capital Services Ltd., Account Number:VNS095XXXXXXX Bank and Branch: Yes Bank,CMS National Operating Centre MMR Account Type: Current Account IFSC Code: YESB0CMSNOC |
SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060 |
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Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
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There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
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| 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. | Free Account Opening, Rs 400 Waived for a limited time. | 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 TradeSmart | Enquire for ProStocks |
Last Updated on 2023-09-14T04:34:26+00:00
