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Prostocks Complaints

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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 pl...

Complaint against Prostocks Broker

Prostocks brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the Prostocks customers. The Prostocks 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 Complaints

Exchange	Financial Year	Total Complaints	Active Clients
NSE	2023-24	1	6,589
NSE	2022-23	7	5,899
BSE	2021-22	1	1,223
NSE	2021-22	5	5,646
NSE	2020-21	2	4,095
NSE	2019-20	0	0
BSE	2018-19	1	550
NSE	2018-19	1	2,677
NSE	2017-18	2	2,393
NSE	2016-17	1	664

Prostocks complaint at NSE

	2023-24	2022-23	2021-22
Active Clients	6589	5899	5646
Complaints	1	7	5
Resolved through the exchange	1	6	3
Non actionable	0	1	2
Advised / Opted for arbitration	0	0	0
Pending for redressal with exchange	0	0	0
No. of arbitration filed by clients	1
Decided by arbitrators in favour of the clients	1
Decided by the arbitrators	0
Pending for redressal with arbitrators	0

Prostocks complaint at BSE

	2021-22	2018-19
Active Clients	1223	550
Complaints	1	1
Resolved through the exchange	1	1
Non actionable	0	0
Advised / Opted for arbitration	0	0
Pending for redressal with exchange	0	0
No. of arbitration filed by clients	0	0
Decided by arbitrators in favour of the clients	0	0
Decided by the arbitrators	0	0
Pending for redressal with arbitrators	0	0

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

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