FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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ICICIDirect Vs ProStocks Vs Zerodha: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of ProStocks ranges between Rs 15, while the brokerage of Zerodha ranges between Rs 20. The broker ProStocks and Zerodha are a discount brokers where ICICIDirect is a full service broker. Overall rating for ICICIDirect is 4, ProStocks is rated 4, Zerodha is rated 4.5 out of 5.

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

Compare ICICIDirect vs ProStocks vs Zerodha on Service

  ICICIDirect Compare
ICICIDirect
ProStocks Compare
ProStocks
Zerodha Compare
Zerodha
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, MCX
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 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 Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from ProStocks
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Account Opening Charges and AMC

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

In this section we have compared ICICIDirect vs ProStocks vs Zerodha 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, ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account, where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs ProStocks vs Zerodha
Charges ICICIDirect ProStocks Zerodha
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 Rs 0 (Rs 1000 Refundable Deposit) Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs ProStocks vs Zerodha on Plan Options

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

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

Account Opening

  Zerodha Zerodha ProStocks
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs ProStocks vs Zerodhaon 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.

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.

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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

Compare ICICIDirect vs ProStocks vs Zerodha on Transaction Charges

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

Transaction Charges - Compare ICICIDirect vs ProStocks vs Zerodha
Transaction Charges Compare ICICIDirect ProStocks Zerodha
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for prostocks Complete Brokerage Plans for zerodha
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Account Features

Compare ICICIDirect vs ProStocks vs Zerodha on Account Features

Compare ICICIDirect vs ProStocks vs Zerodha 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 ProStocks and Zerodha offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect offers margin funding where ProStocks and Zerodha doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - ICICIDirect vs ProStocks vs Zerodha
Account Features Compare ICICIDirect ProStocks Zerodha
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 Zerodha have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes No Yes
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity No No Yes
Intraday Square-off Time 3:15PM 3:15PM 3:20 PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare ICICIDirect vs ProStocks vs Zerodhaon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs ProStocks vs Zerodha. 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 ProStocks vs Zerodha
Trading Platform Compare ICICIDirect ProStocks Zerodha
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.icicidirect.com

https://www.prostocksweb.com/

Zerodha Kite Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App ICICI direct Mobile Star ProStocks Zerodha Kite App
Mobile Trading App Demo ICICI direct Mobile Demo Star ProStocks Demo Zerodha Kite App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod Star ProStocks Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS Star ProStocks Download iOS Zerodha Kite App 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 ProStocks Equity Intraday and Delivery Brokerage Calculator for Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for ProStocks Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for prostocks Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare ICICIDirect vs ProStocks vs Zerodha on User Rating

  ICICIDirect ProStocks Zerodha
  267 Customer Reviews    Rate ICICIDirect 20 Customer Reviews    Rate ProStocks 160 Customer Reviews    Rate Zerodha
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 ProStocks is Rated 0.9 / 5 based on 20 customer reviews Zerodha is Rated 3.9 / 5 based on 160 customer reviews
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Investment Offerings

Compare ICICIDirect vs ProStocks vs Zerodha on Investment Offerings

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

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

Compare ICICIDirect vs ProStocks vs Zerodha on Order Types

Order Type - Compare ICICIDirect vs ProStocks vs Zerodha 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 doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. 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 ProStocks vs Zerodha
Order Type Compare ICICIDirect ProStocks Zerodha
CNC order No No No
MIS order No No No
NRML order No No No
Cover order No No No
Bracket order No No No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes Yes
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Customer Service Offered

Compare ICICIDirect vs ProStocks vs Zerodha on Customer Service

Compare ICICIDirect vs ProStocks vs Zerodha 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 ProStocks vs Zerodha
Customer Service Compare ICICIDirect ProStocks Zerodha
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 Yes
Customer Care Number 1860 123 1122 +91-2262-434343 "+ 91 80 4040 2020"
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.prostocks.com/faq.html https://zerodha.com/varsity/
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website https://www.icicidirect.com https://www.prostocks.com https://zerodha.com/
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Tips/Research/Reports Published

Compare ICICIDirect vs ProStocks vs Zerodha on Research Reports, Tips

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

Research Reports - Compare ICICIDirect vs ProStocks vs Zerodha
  ICICIDirect ProStocks Zerodha
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 No No
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Demat Account

Compare ICICIDirect vs ProStocks vs Zerodha on Demat Account

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

Demat Charges - Compare ICICIDirect vs ProStocks vs Zerodha
  ICICIDirect ProStocks Zerodha
DP Source CDSL CDSL CDSL
DP ID 14301 83200 81600
Demat Account Annual Maintenance Charges(AMC) ₹700 pa Free (₹1000 Refundable Deposit) ₹300 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account 1000/- Refundable Deposit against charges Nil
Statutory charges Nil Nil ₹50
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) ₹20 per ISIN ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹50 per set up ₹50 per set up + ₹50 courier charges ₹150 per certificate + ₹100 courier charges
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹50 per set up + ₹50 courier charges ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) ₹50 ₹20 + ₹12 CSDL charges
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil Nil
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) ₹50 ₹20 + ₹12 CSDL charges
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil Nil
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) ₹50 ₹20
Failed Instruction Charges ₹30 per transaction ₹50 per transaction ₹50 per instraction
Other Charges
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs ProStocks vs Zerodha on Special Offers and Promotion

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

Compare ICICIDirect vs ProStocks vs Zerodha on Special Offers and Promotion
  ICICIDirect ProStocks Zerodha
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
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...

  • 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...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

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...

  • 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...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

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. Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquire for ICICIDirect Enquire for ProStocks Enquire for Zerodha

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