Edelweiss Vs Prostocks (Compare Edelweiss and Prostocks)


Edelweiss
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 of Edelweiss offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities and Futures & Options. Edelweiss offers investment advice backed by research and analysis to it... Know more about Edelweiss Broking Ltd


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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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 an Online Trading Account with Edelweiss.Open an Online Trading Account with Prostocks.
Open Edelweiss AccountOpen Prostocks Account
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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)
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Edelweiss Vs Prostocks Brokerage Charges & Plans

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 AccountOpen 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 AccountOpen 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)
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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 AccountOpen Prostocks Account
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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 AccountOpen Prostocks Account
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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 No No
Charting Yes Yes
Automated Trading No No
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 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 AccountOpen Prostocks Account
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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    Rate Edelweiss 35 Customer Reviews    Rate Prostocks
Fees 3.1 4.6
Brokerage 3.1 4.3
Trading Platform 3.5 2.8
Customer Service 2.7 3.2
Research Capabilities 2.8 2.4
Overall Ratings Rated 3.0 stars Rated 3.2 stars
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
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Contact Broker / Request A Call Back

  Edelweiss Enquire Prostocks Enquire
Contact Broker Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. 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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Edelweiss Vs Prostocks Investment Options

  Edelweiss 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
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Edelweiss Vs Prostocks Order Type Offered

  Edelweiss Prostocks
Bracket Order No No
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 No
Open Edelweiss AccountOpen Prostocks Account
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Edelweiss Vs Prostocks Research Report

  Edelweiss Prostocks
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Edelweiss Vs Prostocks Suitable For Investor Type

  Edelweiss Prostocks
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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Edelweiss Vs Prostocks - Pros and Cons

  Edelweiss Prostocks
Pros
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. 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
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
Reviews Useful articles about 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 AccountOpen Prostocks Account

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