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ProStocks Consumer Complaints

ProStocks Detail

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 Equity and Derivatives Trading at Rs 899 per month or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this plan. ProSto... Know more about ProStocks

Complaint against ProStocks Broker

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ProStocks brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the ProStocks customers. The ProStocks consumer complaints report analyzes the ProStocks online complaint data provided by BSE and NSE. This report shows the health of the broker.

These complaints are serious grievances against ProStocks broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.

The ProStocks complaint no. report also provides ProStocks’s number of active clients. This shows the growth of the broker year on year.

ProStocks Consumer Complaints

Exchange Financial Year Number of Clients   Know more Total Complaints  Know more
BSE 2018-19 550 1
NSE 2018-19 2,807 1
NSE 2017-18 2,393 2
NSE 2016-17 664 1

ProStocks complaint at NSE

2018-192017-182016-17
Defaulter Yes/NoNoNoNo
No. of clients at the beginning of the year
No. of active clients28072393664
No. of complaints received *121
Resolved through the exchange121
Non actionable **000
Advised / Opted for arbitration000
Pending for redressal with exchange000
No. of arbitration filed by clients
Decided by arbitrators in favour of the clients
Decided by the arbitrators
Pending for redressal with arbitrators0
% of No. of complaints as against No. of active clients0.080.15
% of complaints resolved as against complaints received100100100

ProStocks complaint at BSE

2018-19
Defaulter Yes/NoNo
No. of clients at the beginning of the year3177
No. of active clients550
No. of complaints received *1
Resolved through the exchange1
Non actionable **0
Advised / Opted for arbitration0
Pending for redressal with exchange0
No. of arbitration filed by clients0
Decided by arbitrators in favour of the clients0
Decided by the arbitrators0
Pending for redressal with arbitrators0
% of No. of complaints as against No. of active clients0.18
% of complaints resolved as against complaints received100

Note:

  • * Including against its sub brokers, authorised persons, employees, etc.
  • ** Non actionable means the complaint that are incomplete / outside the scope of the Stock Exchange

ProStocks Online Complaint Forum

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