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Fyers Vs ProStocks (Compare Fyers and ProStocks)

The side-by-side comparison of Fyers and ProStocks. Compare Fyers Vs ProStocks brokerage, charges, exposure margin, demat account. Read ProStocks and Fyers review.

Find out Fyers Vs ProStocks which is better and Fyers Vs ProStocks which is best.

Our Fyers Securities Ltd comparison with ProStocks highlights the major differences between two brokers. Find the best between Fyers and ProStocks.

Fyers Vs ProStocks

	Fyers	ProStocks
Find more info about broker	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

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	Discount Broker	Discount Broker
Supported Exchnage	NSE, MCX	BSE, NSE
Account Type	Flat Fee Brokerage Plan	Flat Fee Plan
Broker Enquiry
Year of Incorporation	2015
Number of Branches	0

Fyers Vs ProStocks Charges

	Fyers	ProStocks
Trading Account Opening Fees	₹0 (Free)	₹0
Trading Account AMC	₹0 (Free)	₹0
Demat Account Opening Fees	₹0 (Free)	₹0
Demat Account AMC	₹400	₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory?	No	No

Fyers Vs ProStocks Brokerage

Brokerage Plan 1

	Fyers	ProStocks
Account Type	Flat Fee Brokerage Plan	Flat Fee Plan
Fixed Charges	NA
Equity Delivery Brokerage	₹0 (Free)	₹15
Equity Intraday Brokerage	₹20 per executed order or .01% whichever is lower	₹15
Equity Futures Brokerage	₹20 per executed order or .01% whichever is lower	₹15
Equity Options Brokerage	₹20 per executed order	₹15
Currency Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹15
Currency Options Trading Brokerage	₹20 per executed order	₹15
Commodity Futures Trading Brokerage	NA
Commodity Options Trading Brokerage

Brokerage Plan 2

	Fyers	ProStocks
Account Type	Flat Fee Brokerage Plan	Monthly Unlimited Equity
Fixed Charges	NA	₹899
Equity Delivery Brokerage	₹0 (Free)	₹0
Equity Intraday Brokerage	₹20 per executed order or .01% whichever is lower	₹0
Equity Futures Brokerage	₹20 per executed order or .01% whichever is lower	₹0
Equity Options Brokerage	₹20 per executed order	₹0
Currency Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹20 per executed order
Commodity Futures Trading Brokerage	NA
Commodity Options Trading Brokerage

Brokerage Plan 3

	Fyers	ProStocks
Account Type	Flat Fee Brokerage Plan	Monthly Unlimited Currency
Fixed Charges	NA	₹499
Equity Delivery Brokerage	₹0 (Free)
Equity Intraday Brokerage	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	₹20 per executed order
Currency Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹0
Currency Options Trading Brokerage	₹20 per executed order	₹0
Commodity Futures Trading Brokerage	NA
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges
Other Brokerage Charges	Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges	₹20 per trade

Fyers Vs ProStocks Taxes

Fyers

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)

Exchange Transaction Charges

Check table below

SEBI Charges

Rs 15 per Crore

Goods and Services Tax (GST)

18% on (brokerage + transaction charges)

Stamp Duty

Charged as per the state of the client's correspondence address.

Fyers Vs ProStocks Transaction Charges

	Fyers	ProStocks
Equity Delivery	₹325 per crore (0.00325%)	NSE: 0.00325% \| BSE: 0.00275%
Equity Intraday	₹325 per crore (0.00325%)	NSE: 0.00325% \| BSE: 0.00275%
Equity Futures	₹240 per crore (0.0024%)	NSE: 0.0019% \| BSE: 0.0005%
Equity Options	₹5900 per crore (on premium) (0.059%)	NSE: 0.050% \| BSE: 0.0025%
Currency Futures	₹240 per crore (0.0024%)	NSE: 0.0011% \| BSE: 0.0001%
Currency Options	₹5900 per crore (on premium) (0.059%)	NSE: 0.040% \| BSE: 0.0001%
Commodity	NA

Fyers Vs ProStocks Exposure Margin

	Fyers	ProStocks
Equity Delivery	1 times	1x (no margin)
Equity Intraday	Up to 16x (based on the stock)	7x (Margin intraday sq off) \| 10x (Cover Order)
Equity Futures	Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)	1.5x
Equity Options	Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x	1x (no margin)
Currency Futures	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	1.5x
Currency Options	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)	1x (no margin)
Commodity Futures	NA	NA
Commodity Options

Fyers and ProStocks Feature Comparison

	Fyers	ProStocks
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Fyers One (In-house build)	ProStocks, NSE NOW
Intraday Square-off Time	3:20 PM	Equity 3:15 PM \| Curr: 4:45 PM
Other Features	Brokerage free thematic investing is available
Referral Program

Fyers Vs ProStocks Review

	Fyers	ProStocks
	10 Customer Reviews	25 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Fyers is Rated 3.7 / 5 based on 10 customer reviews	ProStocks is Rated 3.3 / 5 based on 25 customer reviews

Contact Broker / Request A Call Back

	Fyers Enquire	ProStocks Enquire
Contact Broker	Name Phone # Email City Name State Are you a day trader?	Name Phone # Email City Name State Are you a day trader?

Fyers Vs ProStocks Investment Options

	Fyers	ProStocks
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Fyers Vs ProStocks Customer Service

	Fyers	ProStocks
24/7 Customer Service
Onine Live Chat
Through Branches

Fyers Vs ProStocks Order Type Offered

	Fyers	ProStocks
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Fyers Vs ProStocks Research Report

	Fyers	ProStocks
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Fyers Vs ProStocks Suitable For Investor Type

	Fyers	ProStocks
Casual Investor
Active Investor
Trader

Fyers Vs ProStocks - Advantages and Disadvantages

Fyers

ProStocks

Pros

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

Depository services are offered through another company (IL&FS). Higher demat charges.
No branch offices.
No good 'til canceled (GTC) orders.

More Disadvantages...

Reviews

Useful articles about ProStocks:

The Top 10 Reasons to Trade with ProStocks

Promo / Offers

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.

Enquire Fyers

Enquire ProStocks

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