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Edelweiss Vs ProStocks Share Broker Comparison

The side-by-side comparison of Edelweiss Broking Ltd and ProStocks stock brokers in India. The comparison below highlights the similarities and differences between Edelweiss and ProStocks's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Edelweiss and ProStocks.

  Edelweiss Broking Ltd ProStocks
 
Edelweiss Broking Ltd Logo ProStocks Logo
About the Broker Incorporated in 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate. The Retail Broking business... Know more about Edelweiss Broking Ltd 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 ... Know more about ProStocks
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE
Account Type Discount Brokerage Plan Flat Fee Plan
Broker Enquiry Open an Online Trading Account with Edelweiss. Leave your contact info and we will get in touch with you. Open an Online Trading Account with ProStocks. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Edelweiss Broking Ltd ProStocks
Trading Account Opening Fees ₹750 ₹0
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹500 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Edelweiss Broking Ltd ProStocks
Account Type Discount Brokerage Plan Flat Fee Plan
Fixed Charges NA
Equity Delivery Brokerage 0.01% ₹15
Equity Intraday Brokerage 0.01% ₹15
Equity Futures Brokerage ₹5 per lot ₹15
Equity Options Brokerage ₹5 per lot ₹15
Currency Futures Trading Brokerage ₹5 per lot ₹15
Currency Options Trading Brokerage ₹5 per lot ₹15
Commodity Futures Trading Brokerage
Commodity Options Trading Brokerage

Brokerage Plan 2

  Edelweiss Broking Ltd ProStocks
Account Type Prepaid Plan (₹12,000 for 12 months) Monthly Unlimited Equity
Fixed Charges ₹12,000 + ₹1,800 (Service tax) ₹899
Equity Delivery Brokerage 0.30% ₹0
Equity Intraday Brokerage 0.03% ₹0
Equity Futures Brokerage 0.03% ₹0
Equity Options Brokerage ₹90 per lot ₹0
Currency Futures Trading Brokerage 0.04%
Currency Options Trading Brokerage ₹22 per lot
Commodity Futures Trading Brokerage
Commodity Options Trading Brokerage

Brokerage Plan 3

  Edelweiss Broking Ltd ProStocks
Account Type Prepaid Plan (₹1,12,000 for 12 months) Monthly Unlimited Currency
Fixed Charges ₹1,12,000 + ₹16,800 (Service tax) ₹499
Equity Delivery Brokerage 0.10%
Equity Intraday Brokerage 0.01%
Equity Futures Brokerage 0.01%
Equity Options Brokerage ₹25 per lot
Currency Futures Trading Brokerage 0.01% ₹0
Currency Options Trading Brokerage ₹6 per lot ₹0
Commodity Futures Trading Brokerage
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges 3 paisa per share in delivery, 1 paisa per share on Intraday and Futures
Other Brokerage Charges
Call & Trade Charges Free
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Taxes

  Edelweiss Broking Ltd 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)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • 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)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Edelweiss Broking Ltd ProStocks
Equity Delivery NSE ₹325 | BSE ₹275 NSE: 0.00325% | BSE: 0.00275%
Equity Intraday NSE ₹325 | BSE ₹275 NSE: 0.00325% | BSE: 0.00275%
Equity Futures NSE ₹190 | BSE ₹190 NSE: 0.0019% | BSE: 0.0005%
Equity Options NSE ₹5000 | BSE ₹5000 NSE: 0.050% | BSE: 0.0025%
Currency Futures NSE ₹115 | BSE ₹115 NSE: 0.0011% | BSE: 0.0001%
Currency Options NSE ₹4000 | BSE ₹4000 NSE: 0.040% | BSE: 0.0001%
Commodity
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Exposure

  Edelweiss Broking Ltd ProStocks
Equity Delivery Up to 10x 1x (no margin)
Equity Intraday Up to 40x 7x (Margin intraday sq off) | 10x (Cover Order)
Equity Futures 40x 1.5x
Equity Options Nil 1x (no margin)
Currency Futures 1.5x 1.5x
Currency Options Nil 1x (no margin)
Commodity Up to 6x NA
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Share Broker Features

  Edelweiss Broking Ltd ProStocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress ProStocks, NSE NOW
Intraday Square-off Time 3:00 PM Equity 3:15 PM | Curr: 4:45 PM
Other Features
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Broker Ratings (Average User Rating)

  Edelweiss Broking Ltd ProStocks
  21 Customer Reviews    Rate Edelweiss 24 Customer Reviews    Rate ProStocks
Fees Ratings 2.6 4.6
Trading Brokerage Rating 2.2 4.4
Trading Platform Usability 3.3 2.9
Customer Service Ratings 2.0 3.1
Overall Ratings Rated 2.4 stars Rated 3.3 stars
Broker Rating Edelweiss is Rated 2.4 / 5 based on 21 customer reviews ProStocks is Rated 3.3 / 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  Edelweiss Broking Ltd ProStocks
Contact / Request Call Back
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Investment Options Available

  Edelweiss Broking Ltd ProStocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Note: IPO
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Customer Service Offered

  Edelweiss Broking Ltd ProStocks
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
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Order Type

  Edelweiss Broking Ltd ProStocks
Bracket Order No
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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Research / Tips / Reports Published

  Edelweiss Broking Ltd ProStocks
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Suitable for Investor Category

  Edelweiss Broking Ltd ProStocks
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  Edelweiss Broking Ltd ProStocks
Pros 1. Full service broker offering discount brokerage plan. 2. Offer commodity trading on the same trading trading platform. 3. Free research and trading tips calls to all the customers.

More Advantages...

  • Cheapest flat fee broker in India. Offers ₹899 unlimited equity and equity f&o trading and ₹15 per trade plan.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 5 Pricing plans to choose from offers flexibility to stock market investors and active trader. Its extremely easy to switch between the plans.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time ₹1000 deposit. No account opening and no annual maintenance charges.
  • Lowest stamp duty for customer outside Maharashtra. Max stamp duty charged is ₹50 per day.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (₹10 per executed order) among all discount brokers. Other brokers charge minimum ₹20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).

More Advantages...

Cons 1. IPO cannot be applied online. 2. Bracket order is not available. 3. Good Till cancelled orders are not available. 4. Higher brokerage in prepaid brokerage plans of Rs 12k and Rs 1.12L for 12 months.

More Disadvantages...

More Disadvantages...

Reviews Useful articles about ProStocks:
Promo / Offers

Edelweiss Discount Brokerage Plan + Free Trading & Demat Account (for limited time only)

Edelweiss offers FREE Trading + Demat Account (₹750 waived). Get a discount trading plan offering equity trading @ 0.01% and F&O @ Rs 5 per lot flat rate. Save over 60% on brokerage in comparison of other full-service brokers.

This is a limited time offer. Simply leave your contact information with us and Edelweiss representatives will contact you.

ProStocks offer FREE Trading + Demat Account. You can trade unlimited in equity & equity f&o segment for ₹899/month or choose ₹15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer ₹0 Demat AMC with one time ₹1000 refundable deposit.

This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.

Enquire about Edelweiss Enquire about ProStocks
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