The side-by-side comparison of Tradeplus and Prostocks NRI Account. Compare Tradeplus Vs Prostocks NRI Account brokerage charges, exposure margin, demat account and AMC. Read Prostocks and Tradeplus NRI Account reviews.
Find out Tradeplus Vs Prostocks which is better NRI Trading Account. See Tradeplus Vs Prostocks which is best NRI Demat Account.
Our Tradeplus (Navia Markets Ltd) comparison with Prostocks highlights the major differences between two brokers. Find the best between Tradeplus and Prostocks NRI Account.
Tradeplus is one of the first brokerage firms to offer online trading services to NRIs. Tradeplus offers 4-in-1 accounts which include NRI SB Account, NRI Demat account, NRI trading account, and PAN Account. The broker allows NRIs to open NRO account...
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...
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.
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.
Tradeplus Vs Prostocks NRI Account Margin
Tradeplus 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.
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.
Margin trading and BTST (Buy Today and Sell Tomorrow) are offered for NRO Account.
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
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
Tradeplus is an excellent choice for NRI traders who want to trade using their NRO accounts. For such investors, the broker provides special facilities like margin trading and BTST (Buy Today and Sell Tomorrow) under NRO accounts which is not available with any other stock broker. The discount broker offers a 4-in-1 account in collaboration with Yes, HDFC and Axis bank which makes trading more convenient. However, the charges for call & trade services are on a higher side.
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
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