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

The brokerage of Finvasia ranges between Rs 0, the brokerage of ICICIDirect ranges between Rs. 20, while the brokerage of ProStocks ranges between Rs 15. The broker Finvasia and ProStocks are discount brokers where ICICIDirect is a full service broker. Overall rating for Finvasia is 4, ICICIDirect is rated 4, ProStocks is rated 4 out of 5.

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

Compare Finvasia vs ICICIDirect vs ProStocks on Service

  Finvasia Compare
Finvasia
ICICIDirect Compare
ICICIDirect
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX NSE, BSE
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia 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
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 Finvasia vs ICICIDirect vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared Finvasia vs ICICIDirect 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 - Finvasia charges Free as AMC for Demat account, ICICIDirect charges Rs 300 per annum AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

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

Compare Finvasia vs ICICIDirect vs ProStocks on Plan Options

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

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

Account Opening

  Zerodha Zerodha ProStocks
Account Opening Request
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Brokerage Charges

Compare Finvasia vs ICICIDirect vs ProStockson Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

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.

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

Compare Finvasia vs ICICIDirect vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Finvasia vs ICICIDirect vs ProStocks
Transaction Charges Compare Finvasia ICICIDirect 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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA NA
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for icicidirect Complete Brokerage Plans for prostocks
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Account Features

Compare Finvasia vs ICICIDirect vs ProStocks on Account Features

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

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

Compare Finvasia vs ICICIDirect vs ProStockson Trading Platform

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

https://trade.finvasia.com/

https://www.icicidirect.com

https://www.prostocksweb.com/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App SCALPERT ICICI direct Mobile Star ProStocks
Mobile Trading App Demo SCALPERT Demo ICICI direct Mobile Demo Star ProStocks Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod SCALPERT Download Andriod ICICI direct Mobile Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download Info Not Available iOS ICICI direct Mobile Download iOS Star ProStocks Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for icicidirect Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Finvasia vs ICICIDirect vs ProStocks on User Rating

  Finvasia ICICIDirect ProStocks
  17 Customer Reviews    Rate Finvasia 267 Customer Reviews    Rate ICICIDirect 20 Customer Reviews    Rate ProStocks
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews ProStocks is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare Finvasia vs ICICIDirect vs ProStocks on Investment Offerings

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

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

Compare Finvasia vs ICICIDirect vs ProStocks on Customer Service

Compare Finvasia vs ICICIDirect 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 Finvasia vs ICICIDirect vs ProStocks
Customer Service Compare Finvasia ICICIDirect ProStocks
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No Yes No
Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 1860 123 1122 +91-2262-434343
Account Opening Process Online/Paperless Online Online/Paperless
Customer Support Email [email protected]/[email protected] [email protected] [email protected]
Knowledge Center/Education https://finvasia.com/announcements https://www.icicidirect.com/knowledge-center https://www.prostocks.com/faq.html
Head Office Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website https://www.finvasia.com/ https://www.icicidirect.com https://www.prostocks.com
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Tips/Research/Reports Published

Compare Finvasia vs ICICIDirect vs ProStocks on Research Reports, Tips

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

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

Compare Finvasia vs ICICIDirect vs ProStocks on Demat Account

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

Demat Charges - Compare Finvasia vs ICICIDirect vs ProStocks
  Finvasia ICICIDirect ProStocks
DP Source CDSL CDSL CDSL
DP ID 84300 14301 83200
Demat Account Annual Maintenance Charges(AMC) Free ₹700 pa Free (₹1000 Refundable Deposit)
Advance Deposit Rs 0 Rs. 7500/- , If the client is not having ICICI BANK Account 1000/- Refundable Deposit against charges
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) ₹20 per ISIN
Demat ₹15 per certificate ₹50 per set up ₹50 per set up + ₹50 courier charges
Remat ₹15 for every hundred securities + CDSL Charges ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹50 per set up + ₹50 courier charges
Pledge Creation ₹25 per transaction 0.02% (Min ₹35 and Max ₹25,000) ₹50
Pledge Creation Confirmation NIL 0.02% (Min ₹35 and Max ₹25,000) Nil
Pledge Closure ₹25 per transaction 0.02% (Min ₹35 and Max ₹25,000) ₹50
Pledge Closure Confirmation NIL 0.02% (Min ₹35 and Max ₹25,000) Nil
Pledge Invocation ₹19 per transaction 0.02% (Min ₹35 and Max ₹25,000) ₹50
Failed Instruction Charges ₹49 ₹30 per transaction ₹50 per transaction
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs ICICIDirect vs ProStocks on Special Offers and Promotion

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

Compare Finvasia vs ICICIDirect vs ProStocks on Special Offers and Promotion
  Finvasia ICICIDirect ProStocks
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • 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...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • 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...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. 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.
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