Free Account Opening + AMC Free Demat
Loading...

AxisDirect Vs Prostocks (Compare AxisDirect and Prostocks)

Axis Securities Logo

About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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 pl... Know more about Prostocks

Expand

AxisDirect Vs Prostocks

Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  AxisDirect Prostocks
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE
Year of Incorporation 2006 2016
Number of Branches 56 1
Open Prostocks Account

Expand

AxisDirect Vs Prostocks Charges & AMC

AxisDirect trading account opening charges is Rs 900 while Prostocks account opening changes is Rs 0 (Free). AxisDirect Demat Account AMC Charges is Rs 650 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  AxisDirect Prostocks
Trading Account Opening Charges Rs 900 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 650 Rs 0 (Lifetime Zero AMC)

Expand

AxisDirect Vs Prostocks Brokerage

AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type AxisDirect Standard Brokerage Plan Prostocks Flat Rate Plan
Fixed Charges NA NA
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.05% Rs 15 per executed order
Equity Futures 0.05% Rs 15 per executed order
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs 15 per executed order
Currency Futures 0.05% Rs 15 per executed order
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l Rs 15 per executed order
Commodity Futures 0.03% NA
Commodity Options Rs 50 per lot NA
Special Offer

Zerodha (Flat Rs 20 Per Trade)

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.

AxisDirect Vs Prostocks Brokerage Plan 2

  AxisDirect Prostocks
Account Type Standard Brokerage Plan Unlimited Equity Trading Plan
Fixed Charges NA Rs 899
Equity Delivery 0.50% Rs 0
Equity Intraday 0.05% Rs 0
Equity Futures 0.05% Rs 0
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs 0
Currency Futures 0.05% NA
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l NA
Commodity Futures 0.03% NA
Commodity Options Rs 50 per lot NA
Open Prostocks Account

AxisDirect Vs Prostocks Brokerage Plan 3

  AxisDirect Prostocks
Account Type Standard Brokerage Plan Unlimited Currency Trading Plan
Fixed Charges NA Rs 499
Equity Delivery 0.50% NA
Equity Intraday 0.05% NA
Equity Futures 0.05% NA
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot NA
Currency Futures 0.05% Rs 0
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l Rs 0
Commodity Futures 0.03% NA
Commodity Options Rs 50 per lot NA
Open Prostocks Account

AxisDirect Charges Vs Prostocks

Minimum Brokerage Rs 20 per trade Rs 0
Other Charges
Call & Trade Charges Rs 20 per call Rs 0 (Free)

Expand

AxisDirect Vs Prostocks Transaction Charges

AxisDirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  AxisDirect Prostocks
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity
Open Prostocks Account

Expand

AxisDirect Vs Prostocks Leverage (Margin)

AxisDirect 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.

  AxisDirect 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 Prostocks Account

Expand

Compare AxisDirect and Prostocks Features

The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

  AxisDirect Prostocks
3 in 1 Account Yes 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 DirectTrade, Axisdirect Web, Axisdirect Mobile ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time 3:15 Equity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes Yes
Other Features
Open Prostocks Account

Expand

AxisDirect Vs Prostocks Review

AxisDirect is rated 2.0 of 5 based on 89 customer reviews whereas Prostocks is rated 3.3 of 5 based on 41 customer reviews.

  AxisDirect Prostocks
  89 Customer Reviews    Rate AxisDirect 41 Customer Reviews    Rate Prostocks
Fees 2.0 4.6
Brokerage 1.8 4.2
Trading Platform 2.5 2.9
Customer Service 2.1 3.2
Research Capabilities 2.7 2.0
Overall Ratings Rated 2.0 stars Rated 3.3 stars
Broker Rating AxisDirect is rated 2.0 of 5 based on 89 customer reviews Prostocks is rated 3.3 of 5 based on 41 customer reviews

Expand

Contact Broker / Request A Call Back

  AxisDirect 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.

Expand

AxisDirect Vs Prostocks Investment Options

  AxisDirect 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 Loans, ETF, Corporate FD

Expand

AxisDirect Vs Prostocks Order Type Offered

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

Expand

AxisDirect Vs Prostocks Research Report

  AxisDirect Prostocks
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

Expand

AxisDirect Vs Prostocks Suitable For Investor Type

  AxisDirect Prostocks
Casual Investor Yes Yes
Active Investor Yes
Trader Yes

Expand

AxisDirect Vs Prostocks - Pros and Cons

  AxisDirect Prostocks
Pros
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  • 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
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
Reviews

ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market.

ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds.

The Top 10 Reasons to Trade with ProStocks

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.

Open Prostocks Account

Comments

Add a public comment...

Compare More Brokers: