Edelweiss Vs Prostocks (Compare Edelweiss and Prostocks)

Edelweiss Vs Prostocks

Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

	Edelweiss	Prostocks
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE
Year of Incorporation	2002	2016
Number of Branches	237	1
	Open Edelweiss Account	Open Prostocks Account

Edelweiss Vs Prostocks Charges & AMC

Edelweiss trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0. Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

	Edelweiss	Prostocks
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 500 (1st Year Free)	Rs 0 (Lifetime Zero AMC)

Edelweiss Vs Prostocks Brokerage

Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15.

	Edelweiss	Prostocks
Account Type	Edelweiss Lite	Flat Rate Plan
Fixed Charges	NA
Equity Delivery	Rs 10 per executed order	Rs 0 (Free)
Equity Intraday	Rs 10 per executed order	Rs 15
Equity Futures	Rs 10 per executed order	Rs 15
Equity Options	Rs 10 per executed order	Rs 15
Currency Futures	Rs 10 per executed order	Rs 15
Currency Options	Rs 10 per executed order	Rs 15
Commodity Futures		NA
Commodity Options		NA
Special Offer	Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.	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.

Edelweiss Vs Prostocks Brokerage Plan 2

	Edelweiss	Prostocks
Account Type	Edelweiss Elite	Unlimited Equity Trading Plan
Fixed Charges		Rs 899
Equity Delivery	0.30%	Rs 0
Equity Intraday	0.03%	Rs 0
Equity Futures	0.03%	Rs 0
Equity Options	Rs 75 per lot	Rs 0
Currency Futures	0.02%	NA
Currency Options	Rs 22 per lot	NA
Commodity Futures		NA
Commodity Options		NA
	Open Edelweiss Account	Open Prostocks Account

Edelweiss Vs Prostocks Brokerage Plan 3

	Edelweiss	Prostocks
Account Type	Edelweiss Lite	Unlimited Currency Trading Plan
Fixed Charges	NA	Rs 499
Equity Delivery	Rs 10 per executed order	NA
Equity Intraday	Rs 10 per executed order	NA
Equity Futures	Rs 10 per executed order	NA
Equity Options	Rs 10 per executed order	NA
Currency Futures	Rs 10 per executed order	Rs 0
Currency Options	Rs 10 per executed order	Rs 0
Commodity Futures		NA
Commodity Options		NA
	Open Edelweiss Account	Open Prostocks Account

Edelweiss Charges Vs Prostocks

Minimum Brokerage	0.03% Equity delivery, 0.01% Intra-day and Futures	Rs 0
Other Charges	Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges	Rs 20 per call	Rs 0 (Free)

Edelweiss Vs Prostocks Transaction Charges

Edelweiss transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (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).

	Edelweiss	Prostocks
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)	NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)
Equity Options	NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures	NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%)	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options	Rs 4000 per Cr (0.04%) (on premium)	NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity
	Open Edelweiss Account	Open Prostocks Account

Edelweiss Vs Prostocks Leverage (Margin)

Edelweiss margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Prostocks margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Edelweiss	Prostocks
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Open Edelweiss Account	Open Prostocks Account

Compare Edelweiss and Prostocks Features

The trading platforms offered Edelweiss include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress. Prostocks offers ProStocks, NSE NOW trading software.

	Edelweiss	Prostocks
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
Referral Program
	Open Edelweiss Account	Open Prostocks Account

Edelweiss Vs Prostocks Review

Edelweiss is rated 3.0 of 5 based on 65 customer reviews whereas Prostocks is rated 3.2 of 5 based on 35 customer reviews.

	Edelweiss	Prostocks
	65 Customer Reviews	35 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Edelweiss is rated 3.0 of 5 based on 65 customer reviews	Prostocks is rated 3.2 of 5 based on 35 customer reviews

Edelweiss Vs Prostocks Investment Options

	Edelweiss	Prostocks
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Edelweiss Vs Prostocks Order Type Offered

	Edelweiss	Prostocks
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Edelweiss Account	Open Prostocks Account

Edelweiss Vs Prostocks Research Report

	Edelweiss	Prostocks
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Edelweiss Vs Prostocks Suitable For Investor Type

	Edelweiss	Prostocks
Casual Investor
Active Investor
Trader

Edelweiss Vs Prostocks - Pros and Cons

	Edelweiss	Prostocks
Pros	Full-service broker offering discount brokerage plan. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.	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	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.
Reviews		Useful articles about ProStocks: The Top 10 Reasons to Trade with ProStocks
Promo / Offers	Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only) Flat Rs 10 per trade across all segments. FREE Research and Trading Tips. Margin against share and Margin Funding available. It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.	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 alog trading. This is a limited-time offer. Open FREE Instant Demat Account and start trading today.
	Open Edelweiss Account	Open Prostocks Account