Prostocks Vs Indira Securities NRI Account Comparison

Prostocks Vs Indira Securities

The side-by-side comparison of Prostocks and Indira Securities NRI Account. Compare Prostocks Vs Indira Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Indira Securities and Prostocks NRI Account reviews.

Find out Prostocks Vs Indira Securities which is better NRI Trading Account. See Prostocks Vs Indira Securities which is best NRI Demat Account.

Our Prostocks comparison with Indira Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Prostocks and Indira Securities NRI Account.

 ProstocksIndira Securities
 
 Prostocks LogoIndira Securities Logo
About the BrokerProstocks is a flat-fee discount stock broker offering online investing and trading services to Resident and NRI Investors. It offers a 2-in-1 account, combining trading and demat account, to NRIs to trade across equity, derivatives, mutual funds, an...Know more about ProstocksIndira Securities does not offer NRI trading and demat account.
Account TypeNRI AccountNA
Special Offer
Special Offer:

₹0 Equity Delivery Brokerage| Flat ₹15/Order (Intraday & F&O)| Unlimited Monthly Trading at ₹899/month (Equity & F&O), ₹499/month (Currency)

Open FREE Instant Demat Account

Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

Prostocks Vs Indira Securities Charges

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 ProstocksIndira Securities
NRI Account Opening Fees₹0NA
NRI Account AMC₹0NA
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCRs 0 (Lifetime Zero AMC)Rs 450 (Free for 1st year)
PIS Account AMCNANA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Prostocks Vs Indira Securities NRI Account Brokerage Comparison

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Account TypeProstocks NRI AccountIndira Securities NA
Equity Delivery₹40 per executed orderNA
Equity Futures₹40 per executed orderNA
Equity Options₹40 per executed orderNA
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Other Charges

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Contract Note Reporting ChargesNANA
Other Brokerage ChargesNA
TDS Charges on Long Term Gain (Holding > 365 Days)11.96%11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days)17.94%17.94%

Prostocks Vs Indira Securities NRI Account Taxes/Fees

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 ProstocksIndira Securities
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
Exchange Transaction ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% on delivery based turnover and 0.002% on non-delivery based turnover.0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

Prostocks Vs Indira Securities NRI Account Margin

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 Prostocks MarginIndira Securities Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.

Prostocks and Indira Securities NRI Account Features

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 ProstocksIndira Securities
3-in-1 AccountNoNo
Automated TradingYesNo
Free Research And TipsNoNo
Other FeaturesTrading API, GTC & AMO orders
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Prostocks Vs Indira Securities NRI Account Review

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 Prostocks ReviewIndira Securities Review
 43 Customer Reviews    Rate Prostocks4 Customer Reviews    Rate Indira Securities
FeesRated 4.5 starsRated 2.8 stars
BrokerageRated 4.2 starsRated 4.0 stars
Trading PlatformRated 2.9 starsRated 4.0 stars
Customer ServiceRated 3.2 starsRated 3.8 stars
Overall RatingRated 3.3 starsRated 4.0 stars
Broker RatingProstocks is Rated 3.3 / 5 based on 43 customer reviewsIndira Securities is Rated 4.0 / 5 based on 4 customer reviews
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Contact Broker / Request A Call Back

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 Prostocks EnquireProstocks Enquire
Contact Broker

₹0 Equity Delivery Brokerage| Flat ₹15/Order (Intraday & F&O)| Unlimited Monthly Trading at ₹899/month (Equity & F&O), ₹499/month (Currency)

Open FREE Instant Demat Account

FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

Prostocks Vs Indira Securities NRI Investment Options

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 ProstocksIndira Securities
StocksYesNo
Initial Public Offers (IPO)YesNo
Mutual FundsYesNo
Other Investment Options

Prostocks Vs Indira Securities NRI Customer Service

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 ProstocksIndira Securities
Customer Care Number+91 88503 17671, +91 22 6243 4343, +91 22 3811 0119300046581
Customer Care Emailsales@prostocks.comNRIDesk@indiratrade.com
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Prostocks Vs Indira Securities Order Type Offered for NRI Account

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 ProstocksIndira Securities
Bracket OrderYesYes
Cover OrderYesNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes

Prostocks Vs Indira Securities - NRI Account Advantages and Disadvantages

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 ProstocksIndira Securities
Pros
  • ProStocks is the most popular broker for NRI Trading Account.
  • Prostocks charges a flat fee of Rs 40 per trade which is the cheapest fee charged by any broker in India.
  • No minimum deposit or funds are required.
  • GTC (Good Till Cancel) and AMO (After Market Order) are available.
  • Advance order types like BO, CO, OCO, etc are available.
  • Mutual Funds, Equity SIP, and IPO is available.
  • Trading APIs are available at flat Rs 1000 per month.
  • Demat and Trading accounts at Prostocks are lifetime AMC free.
  • NRI customer doesn't require a separate Custodial Account to trade in Equity F&O. CP code no longer mandatory for NRo trading in futures and options .
Cons
  • Doesn't offer a 3-in-1 account. An NRI has to open an NRI Bank Account before opening a trading and demat account.
Conclusion

Prostocks offer online trading service at the cheapest brokerage rate to the NRIs. It has partnerships with 5 popular banks in India to offer NRI trading. The free account opening and AMC free demat & trading account is an added advantage for the NRI customers. Prostocks doesn't provide research and advisory service. It suits well for frequent traders who execute 100's of trades daily.

Promo / Offers

ProstocksSpecial Offer

Trade More. Pay Less with ProStocks

  • Zero Account opening Charges
  • Lifetime Free AMC Demat Account
  • ₹0 Brokerage on Equity Delivery
  • Flat ₹15 Per Executed Order (Intraday and F&O)
  • Lifetime Free AMC Demat Account
  • Unlimited trading plan at ₹899/month (Equity & F&O) and ₹499/month (Currency F&O)

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

Indira SecuritiesSpecial Offer

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.

Open Prostocks Account

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Side-by-Side Comparison of Broker

Prostocks Vs Indira Securities NRI Account Comparison