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5paisa Vs Prostocks (Compare 5paisa and Prostocks)

5paisa Capital Ltd Logo

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... Know more about 5paisa Capital Ltd

Prostocks Logo

About Prostocks
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 plan. ProSto... Know more about Prostocks

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5paisa Vs Prostocks

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 900 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  5paisa Prostocks
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE BSE, NSE
Year of Incorporation 1996 2016
Number of Branches 900 1
Open 5paisa AccountOpen Prostocks Account

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5paisa Vs Prostocks Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0. 5paisa Demat Account AMC Charges is Rs 540 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  5paisa Prostocks
Trading Account Opening Charges Rs 0 (Free) Rs 0
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 540 Rs 0 (Lifetime Zero AMC)

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5paisa Vs Prostocks Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type 5paisa Standard Plan Prostocks Flat Rate Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order Rs 0 (Free)
Equity Intraday Rs 20 per executed order Rs 15 per executed order
Equity Futures Rs 20 per executed order Rs 15 per executed order
Equity Options Rs 20 per executed order Rs 15 per executed order
Currency Futures Rs 20 per executed order Rs 15 per executed order
Currency Options Rs 20 per executed order Rs 15 per executed order
Commodity Futures Rs 20 per executed order NA
Commodity Options Rs 20 per executed order NA
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa 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.

5paisa Vs Prostocks Brokerage Plan 2

  5paisa Prostocks
Account Type Power Investor Pack Unlimited Equity Trading Plan
Fixed Charges Rs 499 per month Rs 899
Equity Delivery Rs 10 per executed order Rs 0
Equity Intraday Rs 10 per executed order Rs 0
Equity Futures Rs 10 per executed order Rs 0
Equity Options Rs 2 per lot Rs 0
Currency Futures Rs 10 per executed order NA
Currency Options Rs 10 per executed order NA
Commodity Futures Rs 10 per executed order NA
Commodity Options Rs 10 per executed order NA
Open 5paisa AccountOpen Prostocks Account

5paisa Vs Prostocks Brokerage Plan 3

  5paisa Prostocks
Account Type Ultra Trader Pack Unlimited Currency Trading Plan
Fixed Charges Rs 999 per month Rs 499
Equity Delivery Rs 0 (Free) NA
Equity Intraday Rs 10 per executed order NA
Equity Futures Rs 10 per executed order NA
Equity Options Rs 2 per executed lot NA
Currency Futures Rs 10 per executed order Rs 0
Currency Options Rs 10 per executed order Rs 0
Commodity Futures Rs 10 per executed order NA
Commodity Options Rs 10 per executed order NA
Open 5paisa AccountOpen Prostocks Account

5paisa Charges Vs Prostocks

Minimum Brokerage Rs 20 per trade Rs 0
Other Charges
Call & Trade Charges Rs 100 per call (any number of trades in a call) Rs 0 (Free)

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5paisa Vs Prostocks Transaction Charges

5paisa transaction charges for options is Rs 5000 per crore (0.05%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium).

  5paisa Prostocks
Equity Delivery Rs 325 per crore (0.00325%) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday Rs 325 per crore (0.00325%) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures Rs 190 per crore (0.0019%) NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)
Equity Options Rs 5000 per crore (0.05%) (on premium) NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures Rs 190 per crore (0.0019%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options Rs 5000 per crore (0.05%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Grp A: 0.0026%
Open 5paisa AccountOpen Prostocks Account

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5paisa Vs Prostocks Leverage (Margin)

5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Prostocks margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  5paisa Prostocks
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open 5paisa AccountOpen Prostocks Account

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Compare 5paisa and Prostocks Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

  5paisa Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform 5paisa Trade Station (Web, Mobile App and EXE) ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM Equity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features
Open 5paisa AccountOpen Prostocks Account

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5paisa Vs Prostocks Review

5paisa is rated 2.6 of 5 based on 91 customer reviews whereas Prostocks is rated 3.3 of 5 based on 38 customer reviews.

  5paisa Prostocks
  91 Customer Reviews    Rate 5paisa 38 Customer Reviews    Rate Prostocks
Fees 2.9 4.6
Brokerage 3.6 4.3
Trading Platform 2.8 2.9
Customer Service 2.1 3.2
Research Capabilities 2.4 2.1
Overall Ratings Rated 2.6 stars Rated 3.3 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 91 customer reviews Prostocks is rated 3.3 of 5 based on 38 customer reviews

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Contact Broker / Request A Call Back

  5paisa Enquire Prostocks Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa 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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5paisa Vs Prostocks Investment Options

  5paisa Prostocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds, Insurance

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5paisa Vs Prostocks Order Type Offered

  5paisa Prostocks
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes
Open 5paisa AccountOpen Prostocks Account

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5paisa Vs Prostocks Research Report

  5paisa Prostocks
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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5paisa Vs Prostocks Suitable For Investor Type

  5paisa Prostocks
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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5paisa Vs Prostocks - Pros and Cons

  5paisa Prostocks
Pros
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Brokerage free direct mutual funds.
  • Cheapest flat fee broker in India. Offers Rs 899 unlimited equity and equity f&o trading and Rs 15 per trade plan.
  • Cover Order (CO) is available in unlimited monthly plan. Bracket order is coming soon.
  • Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 2 Pricing plans to choose from.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time Rs 1000 deposit. No account opening and no annual maintenance charges.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (Rs 10 per executed order) among all discount brokers. Other brokers charge minimum Rs 20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).
Cons
  • Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  • Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Research and advisory is available at extra cost.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • NRI Trading and Demat Account is not available.
Reviews Useful articles about ProStocks:
Promo / Offers

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

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.

Open 5paisa AccountOpen Prostocks Account

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