Fyers Vs ProStocks Share Broker Comparison
The side-by-side comparison of Fyers Securities Ltd and ProStocks stock brokers in India. The comparison below highlights the similarities and differences between Fyers 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 Fyers and ProStocks.
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Fyers Securities Ltd |
ProStocks |
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| About the Broker |
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representi...  |
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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Discount Broker |
Discount Broker |
| Supported Exchnage
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NSE, MCX |
BSE, NSE |
| Account Type
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Flat Fee Brokerage Plan |
Flat Fee Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Fyers Securities Ltd |
ProStocks |
| Trading Account Opening Fees
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₹0 (Free) |
₹0 |
| Trading Account AMC
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₹0 (Free) |
₹0 |
| Demat Account Opening Fees
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₹0 (Free) |
₹0 |
| Demat Account AMC
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₹400 |
₹0 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Fyers Securities Ltd |
ProStocks |
| Account Type |
Flat Fee Brokerage Plan |
Flat Fee Plan |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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₹0 (Free) |
₹15 |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
₹15 |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
₹15 |
| Equity Options Brokerage
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₹20 per executed order |
₹15 |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
₹15 |
| Currency Options Trading Brokerage
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₹20 per executed order |
₹15 |
| Commodity Futures Trading Brokerage
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NA |
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| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Fyers Securities Ltd |
ProStocks |
| Account Type |
Flat Fee Brokerage Plan |
Monthly Unlimited Equity |
| Fixed Charges
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NA |
₹899 |
| Equity Delivery Brokerage
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₹0 (Free) |
₹0 |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
₹0 |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
₹0 |
| Equity Options Brokerage
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₹20 per executed order |
₹0 |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
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| Currency Options Trading Brokerage
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₹20 per executed order |
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| Commodity Futures Trading Brokerage
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NA |
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| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Fyers Securities Ltd |
ProStocks |
| Account Type |
Flat Fee Brokerage Plan |
Monthly Unlimited Currency |
| Fixed Charges
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NA |
₹499 |
| Equity Delivery Brokerage
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₹0 (Free) |
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| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
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| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
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| Equity Options Brokerage
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₹20 per executed order |
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| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
₹0 |
| Currency Options Trading Brokerage
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₹20 per executed order |
₹0 |
| Commodity Futures Trading Brokerage
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NA |
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| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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| Other Brokerage Charges
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Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments) |
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| Call & Trade Charges
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₹20 per trade |
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Taxes
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Fyers Securities 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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Fyers Securities Ltd |
ProStocks |
| Equity Delivery
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₹325 per crore (0.00325%) |
NSE: 0.00325% | BSE: 0.00275% |
| Equity Intraday
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₹325 per crore (0.00325%) |
NSE: 0.00325% | BSE: 0.00275% |
| Equity Futures
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₹240 per crore (0.0024%) |
NSE: 0.0019% | BSE: 0.0005% |
| Equity Options
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₹5900 per crore (on premium) (0.059%) |
NSE: 0.050% | BSE: 0.0025% |
| Currency Futures
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₹240 per crore (0.0024%) |
NSE: 0.0011% | BSE: 0.0001% |
| Currency Options
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₹5900 per crore (on premium) (0.059%) |
NSE: 0.040% | BSE: 0.0001% |
| Commodity
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NA |
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Exposure
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Fyers Securities Ltd |
ProStocks |
| Equity Delivery
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1 times |
1x (no margin) |
| Equity Intraday
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Up to 16x (based on the stock) |
7x (Margin intraday sq off) | 10x (Cover Order) |
| Equity Futures
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Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
1.5x |
| Equity Options
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Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x |
1x (no margin) |
| Currency Futures
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Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
1.5x |
| Currency Options
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Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling) |
1x (no margin) |
| Commodity
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NA |
NA |
Share Broker Features
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Fyers Securities 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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Fyers One (In-house build) |
ProStocks, NSE NOW |
| Intraday Square-off Time
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3:20 PM |
Equity 3:15 PM | Curr: 4:45 PM |
| Other Features
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Brokerage free thematic investing is available |
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Broker Ratings (Average User Rating)
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Fyers Securities Ltd |
ProStocks |
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8 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 |
Fyers is Rated 3.6 / 5 based on 8 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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Fyers Securities 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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Customer Service Offered
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Fyers Securities 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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Fyers Securities 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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Fyers Securities 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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Fyers Securities 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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Fyers Securities Ltd |
ProStocks |
| Pros
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- Free equity delivery trades and thematic investments. No brokerage for this segment.
- Very low brokerage charges of maximum ₹20 per trade.
- No software charges.
- State of art trading platforms.
- Thematic investment is available
- Refer your friends and earn 20% of the revenues generated by your friends, for life!
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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- Depository services are offered through another company (IL&FS). Higher demat charges.
- No branch offices.
- No good 'til canceled (GTC) orders.
More Disadvantages... |
More Disadvantages... |
| Reviews
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Useful articles about ProStocks:
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| Promo / Offers
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Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage), for other segments you pay ₹20 per trade flat broekrage fee.
This is a limited time offer. Simply leave your contact information with us and Fyers 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. |
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Enquire about Fyers
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Enquire about ProStocks
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