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.
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Edelweiss Broking Ltd |
ProStocks |
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| 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...  |
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 ... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MCX, NCDEX |
BSE, NSE |
| Account Type
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Discount Brokerage Plan |
Flat Fee Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Edelweiss Broking Ltd |
ProStocks |
| Trading Account Opening Fees
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₹750 |
₹0 |
| Trading Account AMC
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₹0 |
₹0 |
| Demat Account Opening Fees
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₹0 |
₹0 |
| Demat Account AMC
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₹500 |
₹0 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Edelweiss Broking Ltd |
ProStocks |
| Account Type |
Discount Brokerage Plan |
Flat Fee Plan |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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0.01% |
₹15 |
| Equity Intraday Brokerage
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0.01% |
₹15 |
| Equity Futures Brokerage
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₹5 per lot |
₹15 |
| Equity Options Brokerage
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₹5 per lot |
₹15 |
| Currency Futures Trading Brokerage
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₹5 per lot |
₹15 |
| Currency Options Trading Brokerage
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₹5 per lot |
₹15 |
| Commodity Futures Trading Brokerage
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| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Edelweiss Broking Ltd |
ProStocks |
| Account Type |
Prepaid Plan (₹12,000 for 12 months) |
Monthly Unlimited Equity |
| Fixed Charges
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₹12,000 + ₹1,800 (Service tax) |
₹899 |
| Equity Delivery Brokerage
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0.30% |
₹0 |
| Equity Intraday Brokerage
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0.03% |
₹0 |
| Equity Futures Brokerage
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0.03% |
₹0 |
| Equity Options Brokerage
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₹90 per lot |
₹0 |
| Currency Futures Trading Brokerage
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0.04% |
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| Currency Options Trading Brokerage
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₹22 per lot |
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| Commodity Futures Trading Brokerage
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| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Edelweiss Broking Ltd |
ProStocks |
| Account Type |
Prepaid Plan (₹1,12,000 for 12 months) |
Monthly Unlimited Currency |
| Fixed Charges
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₹1,12,000 + ₹16,800 (Service tax) |
₹499 |
| Equity Delivery Brokerage
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0.10% |
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| Equity Intraday Brokerage
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0.01% |
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| Equity Futures Brokerage
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0.01% |
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| Equity Options Brokerage
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₹25 per lot |
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| Currency Futures Trading Brokerage
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0.01% |
₹0 |
| Currency Options Trading Brokerage
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₹6 per lot |
₹0 |
| Commodity Futures Trading Brokerage
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| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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3 paisa per share in delivery, 1 paisa per share on Intraday and Futures |
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| Other Brokerage Charges
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| Call & Trade Charges
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Free |
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Taxes
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Edelweiss Broking Ltd |
ProStocks |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Edelweiss Broking Ltd |
ProStocks |
| Equity Delivery
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NSE ₹325 | BSE ₹275 |
NSE: 0.00325% | BSE: 0.00275% |
| Equity Intraday
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NSE ₹325 | BSE ₹275 |
NSE: 0.00325% | BSE: 0.00275% |
| Equity Futures
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NSE ₹190 | BSE ₹190 |
NSE: 0.0019% | BSE: 0.0005% |
| Equity Options
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NSE ₹5000 | BSE ₹5000 |
NSE: 0.050% | BSE: 0.0025% |
| Currency Futures
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NSE ₹115 | BSE ₹115 |
NSE: 0.0011% | BSE: 0.0001% |
| Currency Options
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NSE ₹4000 | BSE ₹4000 |
NSE: 0.040% | BSE: 0.0001% |
| Commodity
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Exposure
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Edelweiss Broking Ltd |
ProStocks |
| Equity Delivery
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Up to 10x |
1x (no margin) |
| Equity Intraday
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Up to 40x |
7x (Margin intraday sq off) | 10x (Cover Order) |
| Equity Futures
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40x |
1.5x |
| Equity Options
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Nil |
1x (no margin) |
| Currency Futures
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1.5x |
1.5x |
| Currency Options
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Nil |
1x (no margin) |
| Commodity
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Up to 6x |
NA |
Share Broker Features
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Edelweiss Broking Ltd |
ProStocks |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress |
ProStocks, NSE NOW |
| Intraday Square-off Time
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3:00 PM |
Equity 3:15 PM | Curr: 4:45 PM |
| Other Features
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Broker Ratings (Average User Rating)
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Edelweiss Broking Ltd |
ProStocks |
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21 Customer Reviews  |
24 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Edelweiss is Rated 2.4 / 5 based on 21 customer reviews |
ProStocks is Rated 3.3 / 5 based on 24 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Edelweiss Broking Ltd |
ProStocks |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Note: IPO |
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Customer Service Offered
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Edelweiss Broking Ltd |
ProStocks |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Edelweiss Broking Ltd |
ProStocks |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Edelweiss Broking Ltd |
ProStocks |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Edelweiss Broking Ltd |
ProStocks |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Edelweiss Broking Ltd |
ProStocks |
| Pros
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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
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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
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Useful articles about ProStocks:
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| Promo / Offers
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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.
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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. |
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Enquire about Edelweiss
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Enquire about ProStocks
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Zerodha
Zero Account Opening Fee