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Dhani Stocks Vs Prostocks NRI Account Comparison

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

Find out Dhani Stocks Vs Prostocks which is better NRI Trading Account. See Dhani Stocks Vs Prostocks which is best NRI Demat Account.

Our Dhani Stocks Limited comparison with Prostocks highlights the major differences between two brokers. Find the best between Dhani Stocks and Prostocks NRI Account.

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Dhani Stocks Vs Prostocks

  Dhani Stocks Prostocks
 
  Dhani Stocks Limited Logo Prostocks Logo
About the Broker Dhani Stocks is a Discount broker that offers a range of trading and investment services to NRIs. The company offers a 3-in-1 account facility by acting as a single point of contact for opening trading, Demat, banking, Custodial Participant, and PIS ... Know more about Dhani Stocks Limited Prostocks 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 Prostocks
Account Type NRI Account NRI Account
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

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Dhani Stocks Vs Prostocks Charges

  Dhani Stocks Prostocks
NRI Account Opening Fees ₹2000 ₹0
NRI Account AMC ₹300 ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0 (Free)
NRI Demat Account AMC Rs 0 Rs 0 (Lifetime Zero AMC)
PIS Account AMC ₹0 NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Dhani Stocks Vs Prostocks NRI Account Brokerage Comparison

Account Type Dhani Stocks NRI Account Prostocks NRI Account
Equity Delivery 0.50% ₹100 per executed order
Equity Futures 0.05% ₹100 per executed order
Equity Options ₹100 per lot ₹100 per executed order
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Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges
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%
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Dhani Stocks Vs Prostocks NRI Account Taxes/Fees

  Dhani Stocks Prostocks
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 excersied 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 excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% 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.

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Dhani Stocks Vs Prostocks NRI Account Margin

  Dhani Stocks Margin Prostocks Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

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.


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Dhani Stocks and Prostocks NRI Account Features

  Dhani Stocks Prostocks
3-in-1 Account No No
Automated Trading No Yes
Free Research And Tips No No
Other Features Trading API, GTC & AMO orders
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Dhani Stocks Vs Prostocks NRI Account Review

  Dhani Stocks Review Prostocks Review
  6 Customer Reviews    Rate Dhani Stocks 38 Customer Reviews    Rate Prostocks
Fees 3.5 4.6
Brokerage 4.3 4.3
Trading Platform 3.7 2.9
Customer Service 3.0 3.2
Overall Rating Rated 3.8 stars Rated 3.3 stars
Broker Rating Dhani Stocks is Rated 3.8 / 5 based on 6 customer reviews Prostocks is Rated 3.3 / 5 based on 38 customer reviews
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Contact Broker / Request A Call Back

  Dhani Stocks Enquire Prostocks Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
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Dhani Stocks Vs Prostocks NRI Investment Options

  Dhani Stocks Prostocks
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Dhani Stocks Vs Prostocks NRI Customer Service

  Dhani Stocks Prostocks
Customer Care Number 91 22 61891988 +91 88503 17671, +91 22 6243 4343, +91 22 3811 011
Customer Care Email nriservices@dhani.com sales@prostocks.com
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Dhani Stocks Vs Prostocks Order Type Offered for NRI Account

  Dhani Stocks Prostocks
Bracket Order Yes Yes
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes

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Dhani Stocks Vs Prostocks - NRI Account Advantages and Disadvantages

  Dhani Stocks Prostocks
Pros
  • Online discount broker offering low brokerage charges.
  • 3-in-1 account facility.
  • Online investing with the advanced Dhani Stocks trading platform.
  • Access to online mutual funds investment to NRIs.
  • Part of reputed Indiabulls Group, a diversified financial services company.
  • Free Call and Trade facility.
  • ProStocks is the most popular broker for NRI Trading Account.
  • Prostocks charges a flat fee of Rs 100 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. Prostocks is a registered clearing member who can get the CP code for NRI and clear the trades. This offers huge savings for NRI customers.
Cons
  • Higher brokerage as compared to the brokerage charged by discount brokers.
  • Doesn't offer unlimited trades/discount brokerage to NRI customers.
  • 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

Dhani Stocks is a decent choice as a broker for NRI traders who need the online trading facility, personalized services, and prefer investing in mutual funds. The Dhani Stocks powerful trading platforms offer many useful trading features to NRI investors. Being a full-service broker, the brokerage charges are slightly on a higher side, making it a little costly broker for NRIs. Except for higher brokerage, the services offered by Dhani Stocks to NRI customers are competitive.

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

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Prostocks Special Offer

Unlimited Monthly Trading @ Rs 899

  • Monthly unlimited trading plan @ Rs 899.
  • Or Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • API for algo trading.

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

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