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Prostocks Vs Yes Securities NRI Account Comparison

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

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

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

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Prostocks Vs Yes Securities

  Prostocks Yes Securities
 
  Prostocks Logo Yes Securities Limited Logo
About the Broker 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 Yes Bank, India's fourth-largest private sector bank, offers NRI 3-in-1 Account to NRIs. Yes Bank is an RBI designed bank for PIS, which makes it very easy for NRI customers to invest online into Indian Stock Markets. Yes Bank offers brokerage servic... Know more about Yes Securities Limited
Account Type NRI Account NRI Investment Account
Special Offer
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.

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.


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Prostocks Vs Yes Securities Charges

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

Account Type Prostocks NRI Account Yes Securities NRI Investment Account
Equity Delivery ₹100 per executed order
Equity Futures ₹100 per executed order ₹100 per contact
Equity Options ₹100 per executed order ₹100 per contact
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Other Charges

Contract Note Reporting Charges NA ₹100 per contact note
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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Prostocks Vs Yes Securities NRI Account Taxes/Fees

  Prostocks Yes 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 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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Prostocks Vs Yes Securities NRI Account Margin

  Prostocks Margin Yes Securities 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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Prostocks and Yes Securities NRI Account Features

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

  Prostocks Review Yes Securities Review
  38 Customer Reviews    Rate Prostocks 2 Customer Reviews    Rate Yes Securities
Fees 4.6 3.0
Brokerage 4.3 1.0
Trading Platform 2.9 3.0
Customer Service 3.2 3.0
Overall Rating Rated 3.3 stars Rated 2.0 stars
Broker Rating Prostocks is Rated 3.3 / 5 based on 38 customer reviews Yes Securities is Rated 2.0 / 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  Prostocks Enquire Yes Securities Enquire
Contact Broker 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. 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.
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Prostocks Vs Yes Securities NRI Investment Options

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

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Prostocks Vs Yes Securities NRI Customer Service

  Prostocks Yes Securities
Customer Care Number +91 88503 17671, +91 22 6243 4343, +91 22 3811 011 +91 22 7112 3123
Customer Care Email sales@prostocks.com customer.service@ysil.in
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Prostocks Vs Yes Securities Order Type Offered for NRI Account

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

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Prostocks Vs Yes Securities - NRI Account Advantages and Disadvantages

  Prostocks Yes Securities
Pros
  • 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.
  • Offers NRI 3-in-1 account. Open all the three accounts at one shot.
  • Provide free research tips and recommendations to all the customers including NRI.
  • Dedicated relationship manager
  • Earn 6% per annum interest on savings bank account balance.
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.
  • Charges higher brokerage in comparison to the discount brokers.
  • Yes securities don't offer trading terminal and automated trading facility.
  • Doesn't have a 24/7 customer support desk.
  • NRIs cannot place GTC (Good Till Cancelled) order and AMO (After Market Order).
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.

Yes Bank is a full-service broker offering 3-in-1 NRI account for convenient online investing in India Stock Market. Online banking, trading and demat account make transactions easy for NRI customers. The broker also provides free research tips for stocks and mutual funds. Yes Bank NRI Investment account is recommended for Casual Investors who are ready to pay a higher brokerage for convenience.

Promo / Offers

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.

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
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