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1v1 Institutional Counterparty Comparison

ICICIDirect vs PGM: Regulation, 6D Ratings & Safety Audit

Deterministic head-to-head benchmarking of ICICIDirect (ICICIDirect) and PGM (PGM) across primary regulatory filings, statutory Tier-1 authorisations, 6-Dimension compliance scores, execution software, and warning exposure.

Coverage: Institutions licensed across Asia-Pacific and the Middle East

ICICIDirect 6D Score
6.3
PGM 6D Score
6.0
Regulated Licences
1 vs 1
Warning Flags
0 vs 0
DETERMINISTIC QUANTITATIVE VERDICTCanonical Pair: icicidirect-vs-pgm

ICICIDirect outranks PGM by +0.3 pts in composite 6D scoring (6.3 vs 6.0)

On supervisory breadth, ICICIDirect holds 1 active regulated licence(s) (0 Tier-1) out of 1 total filings and 0 warning count(s), whereas PGM holds 1 active regulated licence(s) (0 Tier-1) out of 1 total filings and 0 warning count(s). Allocators should inspect the individual licence numbers and contracting legal entities below before onboarding.

6-Dimension Quantitative Scorecard Comparison

Head-to-head breakdown across all 6 proprietary evaluation dimensions (0.0–10.0 scale).

Evaluation DimensionMethodology WeightICICIDirectPGMScore DeltaDimension Leader
Overall Composite 6D Score100% Composite6.36.0+0.3ICICIDirect
Regulatory & Licensing Integrity (riskScore)30% Weight6.36.0+0.3ICICIDirect
Execution & Software Infrastructure (industryScore)20% Weight3.03.00.0Statistical Tie
User Reputation & Complaint Telemetry (userScore)20% Weight0.00.00.0Statistical Tie
Institutional Brand Longevity (brandScore)15% Weight6.36.0+0.3ICICIDirect
Global Market Influence & Footprint (influenceScore)15% Weight6.36.0+0.3ICICIDirect

Visual Architecture Benchmark: ICICIDirect vs PGM

Vector comparison exhibit generated from live supervisory snapshot metrics.

1v1 Institutional Counterparty Benchmark: ICICIDirect vs PGM
Exhibit: Side-by-side regulatory and 6D quantitative comparison between ICICIDirect and PGM.

Regulatory Standing, Entity & Platform Comparison

Structural comparison of supervisory authorisations, domicile, execution terminals, and risk telemetry.

Audit AttributeICICIDirectPGM
Primary Legal NameICICIDirectPGM
Source Risk ClassificationRisk level not suppliedRisk level not supplied
Active Regulated / Total Filings1 regulated / 1 total (0 Tier-1)1 regulated / 1 total (0 Tier-1)
Recorded Certificate Numbers
Registered Domicile / AddressCICI Venture House, Appasaheb Marathe Marg, Mumbai - 400025, IndiaINP MELBOURNE, Suite 103, 566 St kilda Road MELBOURNE VIC 3004
Offered Asset Classes & ServicesStock trading, futures and options trading, investment funds, bonds, insurance, etc.FX pairs, indices, commodities and precious metals
Execution Software & TerminalsProprietary / Web PlatformMT4, MT5
Supported Client LanguagesEnglishEnglish, Chinese, Japanese, Thai, Uyghur
Warning / Exposure Count0 recorded warning(s)0 recorded warning(s)
Specialized Sub-Page Audits

Compare ICICIDirect and PGM against other regulated peers in our institutions licensed across asia-pacific and the middle east slice.

Frequently Asked Questions: ICICIDirect vs PGM

Deterministic counterparty comparison answers derived from supervisory records.

Which institution has stronger regulatory oversight: ICICIDirect or PGM?

Both ICICIDirect and PGM hold 1 regulated licence record(s) in our dataset. Specifically, ICICIDirect maintains 1 total recorded filing(s) (SEBI) with 0 warning flag(s), whereas PGM maintains 1 recorded filing(s) (ASIC) with 0 warning flag(s). Always confirm the specific subsidiary onboarding your account on the official regulator register.

How do the 6D quantitative compliance scores compare between ICICIDirect and PGM?

In APAC Capital Brief's 6-Dimension scoring matrix (0.0–10.0 scale), ICICIDirect records an Overall Score of 6.3 (Risk & Licensing: 6.3, Brand: 6.3, Market Influence: 6.3, User Reputation: 0.0, Execution & Software: 3.0), compared with PGM at 6.0 Overall (Risk & Licensing: 6.0, Brand: 6.0, Market Influence: 6.0, User Reputation: 0.0, Execution & Software: 3.0).

How do ICICIDirect and PGM differ in trading platforms and asset classes?

ICICIDirect lists Stock trading, futures and options trading, investment funds, bonds, insurance, etc. with execution software [proprietary/web execution], while PGM lists FX pairs, indices, commodities and precious metals with execution software [MT4, MT5]. Counterparties should verify FIX/API connectivity, server routing topology, and negative balance protection per entity.

Which counterparty carries lower regulatory warning and complaint exposure: ICICIDirect or PGM?

ICICIDirect carries a "Risk level not supplied" classification with 0 warning/exposure count(s) and 0 user comment(s), while PGM carries a "Risk level not supplied" classification with 0 warning/exposure count(s) and 0 user comment(s).

Structured against supervisory register snapshots and public regulatory filings. Verify your contracting legal entity and current authorisation status directly on the issuing regulator’s official register before transacting.

ICICIDirect vs PGM (2026) — Regulation, 6D Score, Safety & Fee Comparison | APAC Capital Brief