Fyers Vs Prostocks (Compare Fyers and Prostocks)

The side-by-side comparison of Fyers and Prostocks. Compare Fyers Vs Prostocks brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Fyers vs Prostocks?


Fyers
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", representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers Securities 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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Fyers Vs Prostocks

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in , Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  Fyers Prostocks
Type of Broker Discount Broker Discount Broker
Supported Exchnages NSE, MCX BSE, NSE
Account Type Flat Fee Brokerage Plan Flat Rate Plan
Year of Incorporation 2015
Number of Branches 0 1
Broker Enquiry Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Prostocks. Leave your contact info and we will get in touch with you.
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Fyers Vs Prostocks Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0. Fyers Demat Account AMC Charges is Rs 300 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  Fyers Prostocks
Trading Account Opening Charges Rs 0 (Free) Rs 0
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 0 (Lifetime Zero AMC)
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Fyers Vs Prostocks Brokerage Charges & Plans

Fyers Vs Prostocks Brokerage

Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15.

  Fyers Prostocks
Account Type Flat Fee Brokerage Plan Flat Rate Plan
Fixed Charges NA
Equity Delivery Brokerage Rs 0 (Free) Rs 0 (Free)
Equity Intraday Brokerage Rs 20 per executed order or .03% whichever is lower Rs 15
Equity Futures Brokerage Rs 20 per executed order or .03% whichever is lower Rs 15
Equity Options Brokerage Rs 20 per executed order Rs 15
Currency Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower Rs 15
Currency Options Trading Brokerage Rs 20 per executed order Rs 15
Commodity Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower NA
Commodity Options Trading Brokerage Rs 20 per executed order NA
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Max flat Rs 20 Intra-day and F&O trades. Get the offer
Special Offer: Get lifetime AMC free Demat Account with Rs 0 account opening fee. Rs 0 Brokerage on Equity Delivery. Flat Rs 15/trade for Intraday and F&O. Request a Callback

Fyers Vs Prostocks Brokerage Plan 2

  Fyers Prostocks
Account Type Flat Fee Brokerage Plan Unlimited Equity Trading Plan
Fixed Charges NA Rs 899
Equity Delivery Brokerage Rs 0 (Free) Rs 0
Equity Intraday Brokerage Rs 20 per executed order or .03% whichever is lower Rs 0
Equity Futures Brokerage Rs 20 per executed order or .03% whichever is lower Rs 0
Equity Options Brokerage Rs 20 per executed order Rs 0
Currency Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower NA
Currency Options Trading Brokerage Rs 20 per executed order NA
Commodity Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower NA
Commodity Options Trading Brokerage Rs 20 per executed order NA
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Fyers Vs Prostocks Brokerage Plan 3

  Fyers Prostocks
Account Type Flat Fee Brokerage Plan Unlimited Currency Trading Plan
Fixed Charges NA Rs 499
Equity Delivery Brokerage Rs 0 (Free) NA
Equity Intraday Brokerage Rs 20 per executed order or .03% whichever is lower NA
Equity Futures Brokerage Rs 20 per executed order or .03% whichever is lower NA
Equity Options Brokerage Rs 20 per executed order NA
Currency Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower Rs 0
Currency Options Trading Brokerage Rs 20 per executed order Rs 0
Commodity Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower NA
Commodity Options Trading Brokerage Rs 20 per executed order NA
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Fyers Charges Vs Prostocks

Minimum Brokerage Charges Intra-day: Rs 7 or 2.5% whichever is lower Rs 0
Other Brokerage Charges Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges Rs 20 per trade Rs 0 (Free)
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Fyers Vs Prostocks Transaction Charges

Fyers transaction charges for options is Rs 5900 per Cr (on premium) (0.059%) while Prostocks exchange transaction charges for options is NSE: 0.050% | BSE: 0.0025%.

  Fyers Prostocks
Equity Delivery Rs 325 per Cr (0.00325%) NSE: 0.00325% | BSE: 0.00275%
Equity Intraday Rs 325 per Cr (0.00325%) NSE: 0.00325% | BSE: 0.00275%
Equity Futures Rs 240 per Cr (0.0024%) NSE: 0.0019% | BSE: 0.0005%
Equity Options Rs 5900 per Cr (on premium) (0.059%) NSE: 0.050% | BSE: 0.0025%
Currency Futures Rs 240 per Cr (0.0024%) NSE: 0.0011% | BSE: 0.0001%
Currency Options Rs 5900 per Cr (on premium) (0.059%) NSE: 0.040% | BSE: 0.0001%
Commodity NA
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Fyers Vs Prostocks Leverage (Margin)

Fyers provides the margin of Up to 16x (based on the stock) for intraday trades whereas the Prostocks margin for intraday cash is 7x (Margin intraday sq off).

  Fyers Prostocks
Equity Delivery 1 times 1x (no margin)
Equity Intraday Up to 16x (based on the stock) 7x (Margin intraday sq off)
Equity Futures Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure) 2x
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
Commodity Options
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Compare Fyers and Prostocks Features

The trading platforms offered Fyers include Fyers One (In-house build). Prostocks offers ProStocks, NSE NOW trading software.

  Fyers Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo No Yes
Online Portfolio Yes No
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
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 Yes
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Fyers Vs Prostocks Review

Fyers is rated 3.8 of 5 based on 15 customer reviews whereas Prostocks is rated 3.3 of 5 based on 29 customer reviews.

  Fyers Prostocks
  15 Customer Reviews    Rate Fyers 29 Customer Reviews    Rate Prostocks
Fees 3.6 4.7
Trading Brokerage 3.9 4.4
Trading Platform Usability 3.6 3.0
Customer Service 4.1 3.3
Research Capabilities 1.7 4.0
Overall Ratings Rated 3.8 stars Rated 3.3 stars
Broker Rating Fyers is rated 3.8 of 5 based on 15 customer reviews Prostocks is rated 3.3 of 5 based on 29 customer reviews
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Contact Broker / Request A Call Back

  Fyers Enquire Prostocks Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Max flat Rs 20 Intra-day and F&O trades. Get the offer

Get lifetime AMC free Demat Account with Rs 0 account opening fee. Rs 0 Brokerage on Equity Delivery. Flat Rs 15/trade for Intraday and F&O. Request a Callback

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Fyers Vs Prostocks Investment Options

  Fyers Prostocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Fyers Vs Prostocks Order Type Offered

  Fyers Prostocks
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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Fyers Vs Prostocks Research Report

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

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

  Fyers Prostocks
Pros
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum Rs 20 per trade.
  • Free account opening.
  • 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!
  • 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
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
Reviews Useful articles about ProStocks:
Promo / Offers

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you.

  • Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • FREE Trading and Demat Account Opening

This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.

Enquire FyersEnquire Prostocks

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