Free Trading + Demat Account

Zerodha Vs ProStocks Share Broker Comparison

The side-by-side comparison of Zerodha and ProStocks stock brokers in India. The comparison below highlights the similarities and differences between Zerodha and ProStocks's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Zerodha and ProStocks.

  Zerodha ProStocks
 
Zerodha Logo ProStocks Logo
About the Broker Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh... Know more about Zerodha ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited ... Know more about ProStocks
Type of Broker What is this parameter? Discount Broker Discount Broker
Supported Exchnage What is this parameter? NSE, BSE, MCX-SX and MCX BSE, NSE
Account Type What is this parameter? Standard Plan Flat Fee Plan
Broker Enquiry Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you. Open an Online Trading Account with ProStocks. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Zerodha ProStocks
Trading Account Opening Fees What is this parameter? Rs 300 Rs 0
Trading Account AMC What is this parameter? Rs 0 Rs 0
Demat Account Opening Fees What is this parameter? Rs 100 Rs 0
Demat Account AMC What is this parameter? Rs 300 Rs 0
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Zerodha ProStocks
Account Type Standard Plan Flat Fee Plan
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? Rs 0 Rs 15
Equity Intraday Brokerage What is this parameter? Rs 20 Rs 15
Equity Futures Brokerage What is this parameter? Rs 20 Rs 15
Equity Options Brokerage What is this parameter? Rs 20 Rs 15
Currency Futures Trading Brokerage What is this parameter? Rs 20 Rs 15
Currency Options Trading Brokerage What is this parameter? Rs 20 Rs 15
Commodity Trading Brokerage What is this parameter? Rs 20

Brokerage Plan 2

  Zerodha ProStocks
Account Type Standard Plan Monthly Unlimited Equity
Fixed Charges What is this parameter? Rs 899
Equity Delivery Brokerage What is this parameter? Rs 0 Rs 0
Equity Intraday Brokerage What is this parameter? Rs 20 Rs 0
Equity Futures Brokerage What is this parameter? Rs 20 Rs 0
Equity Options Brokerage What is this parameter? Rs 20 Rs 0
Currency Futures Trading Brokerage What is this parameter? Rs 20
Currency Options Trading Brokerage What is this parameter? Rs 20
Commodity Trading Brokerage What is this parameter? Rs 20

Brokerage Plan 3

  Zerodha ProStocks
Account Type Standard Plan Monthly Unlimited Currency
Fixed Charges What is this parameter? Rs 499
Equity Delivery Brokerage What is this parameter? Rs 0
Equity Intraday Brokerage What is this parameter? Rs 20
Equity Futures Brokerage What is this parameter? Rs 20
Equity Options Brokerage What is this parameter? Rs 20
Currency Futures Trading Brokerage What is this parameter? Rs 20 Rs 0
Currency Options Trading Brokerage What is this parameter? Rs 20 Rs 0
Commodity Trading Brokerage What is this parameter? Rs 20

Other Charges

Minimum Brokerage Charges What is this parameter? Nil
Other Brokerage Charges What is this parameter? 0.01% or Rs 20 per executed order, whichever is lower.
Call & Trade Charges What is this parameter? ₹20 per executed order
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Taxes

  Zerodha ProStocks
Securities Transaction Tax (STT) What is this parameter?
  • Equity Intraday: Rs 2,500 per Crore (on Sell trade)
  • Equity Delivery: Rs 10,000 per Crore (on Buy and Sell)
  • Equity Futures: Rs 1,000 per Crore (on Sell trade)
  • Equity Options: Rs 5,000 per Crore (on Sell trade premium) or Rs 12500 per Crore on excersied options.
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: Rs 2,500 per Crore (on Sell trade)
  • Equity Delivery: Rs 10,000 per Crore (on Buy and Sell)
  • Equity Futures: Rs 1,000 per Crore (on Sell trade)
  • Equity Options: Rs 5,000 per Crore (on Sell trade premium) or Rs 12500 per Crore on excersied options.
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 20 per Crore Rs 20 per Crore
Service Tax What is this parameter? 15% on (brokerage + transaction charges) 15% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Zerodha ProStocks
Equity Delivery What is this parameter? NSE ₹325 | BSE ₹275 NSE: 0.00325% | BSE: 0.00275%
Equity Intraday What is this parameter? NSE ₹325 | BSE ₹275 NSE: 0.00325% | BSE: 0.00275%
Equity Futures What is this parameter? NSE ₹210 | BSE ₹70 NSE: 0.0019% | BSE: 0.0005%
Equity Options What is this parameter? NSE ₹5300 | BSE ₹2700 NSE: 0.050% | BSE: 0.0025%
Currency Futures What is this parameter? NSE ₹135 NSE: 0.0011% | BSE: 0.0001%
Currency Options What is this parameter? NSE ₹4400 NSE: 0.040% | BSE: 0.0001%
Commodity What is this parameter? Non-Agri ₹360 | Agri ₹275
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Exposure

  Zerodha ProStocks
Equity Delivery What is this parameter? 1x (no margin)
Equity Intraday What is this parameter? Up to 20x (based on the stock)
Equity Futures What is this parameter? Intraday - 40%, Carry forward - 100% of Total margin (Span+ Exposure)
Equity Options What is this parameter? Intraday - 40%, Carry forward - 100% of Total margin (Span+ Exposure)
Currency Futures What is this parameter? Intraday - 40%, Carry forward - 100% of Total margin (Span+ Exposure)
Currency Options What is this parameter? Intraday - 40%, Carry forward - 100% of Total margin (Span+ Exposure)
Commodity What is this parameter? Intraday - 40%, Carry forward - 100% of Span
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Share Broker Features

  Zerodha ProStocks
3 in 1 Account What is this parameter? No No
Mobile Trading What is this parameter? Yes Yes
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? Yes No
After Trading Hour Orders What is this parameter? Yes Yes
Good Till Cancelled (GTC) What is this parameter? No No
SMS Alerts What is this parameter? No No
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? No No
Margin Trading Funding Available What is this parameter? No No
Combined Ledger for Equity and Commodity What is this parameter? No No
Trading Platform What is this parameter? Pi, Kite, NEST ProStocks, NSE NOW
Intraday Square-off Time What is this parameter? 3:10 PM Equity 3:15 PM | Curr: 4:45 PM
Other Features What is this parameter?
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Broker Ratings (Average User Rating)

  Zerodha ProStocks
  220 Customer Reviews    Rate Zerodha 9 Customer Reviews    Rate ProStocks
Fees Ratings 4.0 4.2
Trading Brokerage Rating 4.5 4.4
Trading Platform Usability 3.7 3.6
Customer Service Ratings 3.8 3.3
Overall Ratings Rated 4.0 stars Rated 3.7 stars
Broker Rating Zerodha is Rated 4.0 / 5 based on 220 customer reviews ProStocks is Rated 3.7 / 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  Zerodha ProStocks
Contact / Request Call Back
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Investment Options Available

  Zerodha ProStocks
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes No
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? No No
Mutual Funds What is this parameter? Yes No
Bond / NCD What is this parameter? No No
Debt What is this parameter? No No
Other Investment Options What is this parameter?
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Customer Service Offered

  Zerodha ProStocks
24/7 Customer Service What is this parameter? No No
Email Support What is this parameter? Yes Yes
Onine Live Chat What is this parameter? No No
Phone Support What is this parameter? Yes Yes
Toll Free Number What is this parameter? No No
Through Branches What is this parameter? No No
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Research / Tips / Reports Published

  Zerodha ProStocks
Daily Market Report What is this parameter? No No
Free Tips What is this parameter? No No
Quarterly Result Analysis What is this parameter? No No
News Alerts What is this parameter? No No
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Suitable for Investor Category

  Zerodha ProStocks
Casual Investor What is this parameter? Yes
Active Investor What is this parameter? Yes Yes
Trader What is this parameter? Yes Yes

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Pros, Cons and Other Review Comments

  Zerodha ProStocks
Pros What is this parameter?
  • Zerodha offer equity delivery trades for free.
  • The discount broker offering simple flat fee brokerage service.
  • Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • Offer Fully Automated Trading and Semi-Automated Trading through its plug-in with AmiBroker, the popular Technical Analysis Software.
  • After Market Orders (AMO) can be placed between 6:30 PM to 9:15 AM.
  • Zerodha offers 10% referral credit to its customers.
  • Unlike most discount broker, Zerodha has its own DP services which are cheaper.

More Advantages...

  • Cheapest flat fee broker in India. Offers Rs 899 unlimited equity and equity f&o trading and Rs 15 per trade plan.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 5 Pricing plans to choose from offers flexibility to stock market investors and active trader. Its extremely easy to switch between the plans.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time Rs 1000 deposit. No account opening and no annual maintenance charges.
  • Lowest stamp duty for customer outside Maharashtra. Max stamp duty charged is Rs 50 per day.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (Rs 10 per executed order) among all discount brokers. Other brokers charge minimum Rs 20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).

More Advantages...

Cons What is this parameter?
  • Zerodha doesn't offer currency derivatives trading at BSE. BSE charges lowest exchange transaction change in currency segment (Rs 10/crore vs NSE's Rs 110/crore).
  • Call and Trade is charged at extra Rs 20 order.
  • Doesn't provide options to invest in IPO, FPO, Mutual Funds, Offer For Sale (OFS), Bond and NCD's.
  • Doesn't provide stock tips or recommendations.
  • No margin funding available.
  • Good Till Cancelled (GTC) is only available in Commodities. GTC is not available in Equity.

More Disadvantages...

More Disadvantages...

Reviews What is this parameter? Useful Articles about Zerodha: Useful articles about ProStocks:
Promo / Offers What is this parameter?
Zerodha Discount

Rs 100 Off on Online Account Opening

Get Rs 100 discount when you open online trading account with Zerodha. Simply leave your contact information with us and Zerodha representatives will call you.

ProStocks offer FREE Trading + Demat Account. You can trade unlimited in equity & equity f&o 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.

This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.

Enquire about Zerodha Enquire about ProStocks
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By Popular Stock Brokers
ProStocks, The Flat Rate Discount Stock Broker
ProStocks
Flat Fee Broker

Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

FREE Trading + Demat Acct

Flat Rs 20 Per Trade
Free Equity Delivery Trades

Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits

Enquire Now
(* on online account opening)

Intraday @ 0.02%
Delivery @ 0.15%

Rs 0 account opening fee
(Rs 400 waived)

Request Demo

RKSV Discount Broker  RKSV

Ditch & Switch

Switch to RKSV and earn brokerage credit of Rs 2000

Get RKSV Trading Account

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)

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