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IDBI Capital Vs Prostocks (Compare IDBI Capital and Prostocks)

IDBI Capital Markets and Securities Ltd Logo

About IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India. IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder). IDBI Capital of... Know more about IDBI Capital Markets and Securities Ltd

Prostocks Logo

About 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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IDBI Capital Vs Prostocks

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  IDBI Capital Prostocks
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, NSDL BSE, NSE
Year of Incorporation 1993 2016
Number of Branches 14 1
Open Prostocks Account

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IDBI Capital Vs Prostocks Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while Prostocks account opening changes is Rs 0. IDBI Capital Demat Account AMC Charges is Rs 450 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  IDBI Capital Prostocks
Trading Account Opening Charges Rs 500 Rs 0
Trading Account AMC Charges NIL Rs 0
Demat Account Opening Charges NIL Rs 0 (Free)
Demat Account AMC Charges Rs 450 Rs 0 (Lifetime Zero AMC)

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IDBI Capital Vs Prostocks Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type IDBI Capital Standard Plan Prostocks Flat Rate Plan
Fixed Charges NA
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.05% Rs 15 per executed order
Equity Futures 0.05% Rs 15 per executed order
Equity Options Rs 100 per lot Rs 15 per executed order
Currency Futures NA Rs 15 per executed order
Currency Options NA Rs 15 per executed order
Commodity Futures NA NA
Commodity Options NA NA
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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.

IDBI Capital Vs Prostocks Brokerage Plan 2

  IDBI Capital Prostocks
Account Type Ace Trader Plan Unlimited Equity Trading Plan
Fixed Charges Rs 899
Equity Delivery 0.10% to 0.50% Rs 0
Equity Intraday 0.020% to 0.050% Rs 0
Equity Futures 0.020% to 0.048% Rs 0
Equity Options Rs 100 per lot Rs 0
Currency Futures NA
Currency Options NA
Commodity Futures NA
Commodity Options NA
Open Prostocks Account

IDBI Capital Vs Prostocks Brokerage Plan 3

  IDBI Capital Prostocks
Account Type Standard Plan Unlimited Currency Trading Plan
Fixed Charges Rs 499
Equity Delivery 0.50% NA
Equity Intraday 0.05% NA
Equity Futures 0.05% NA
Equity Options Rs 100 per lot NA
Currency Futures NA Rs 0
Currency Options NA Rs 0
Commodity Futures NA NA
Commodity Options NA NA
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IDBI Capital Charges Vs Prostocks

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. Rs 0
Other Charges
Call & Trade Charges Nil Rs 0 (Free)

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IDBI Capital Vs Prostocks Transaction Charges

IDBI Capital transaction charges for options is 0.051% 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).

  IDBI Capital Prostocks
Equity Delivery 0.00325% NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday 0.00325% NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures 0.0019% NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)
Equity Options 0.051% on premium NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures NA NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NA NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity NA
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IDBI Capital Vs Prostocks Leverage (Margin)

IDBI Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Prostocks margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  IDBI Capital Prostocks
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare IDBI Capital and Prostocks Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

  IDBI Capital Prostocks
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Power Pro, Power Streaming, IDBI Direct ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time 3:00 PM Equity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features Morning Report, Equity SIP, Investment Guide
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IDBI Capital Vs Prostocks Review

IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Prostocks is rated 3.3 of 5 based on 38 customer reviews.

  IDBI Capital Prostocks
  41 Customer Reviews    Rate IDBI Capital 38 Customer Reviews    Rate Prostocks
Fees 3.2 4.6
Brokerage 2.5 4.3
Trading Platform 2.6 2.9
Customer Service 2.8 3.2
Research Capabilities 2.5 2.1
Overall Ratings Rated 2.6 stars Rated 3.3 stars
Broker Rating IDBI Capital is rated 2.6 of 5 based on 41 customer reviews Prostocks is rated 3.3 of 5 based on 38 customer reviews

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Contact Broker / Request A Call Back

  IDBI Capital Enquire Prostocks Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. 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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IDBI Capital Vs Prostocks Investment Options

  IDBI Capital Prostocks
Stock / Equity Yes Yes
Commodity No No
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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IDBI Capital Vs Prostocks Order Type Offered

  IDBI Capital Prostocks
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
Open Prostocks Account

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IDBI Capital Vs Prostocks Research Report

  IDBI Capital Prostocks
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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IDBI Capital Vs Prostocks Suitable For Investor Type

  IDBI Capital Prostocks
Casual Investor Yes Yes
Active Investor Yes
Trader Yes

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IDBI Capital Vs Prostocks - Pros and Cons

  IDBI Capital Prostocks
Pros - Prepaid plans are available for volume traders.
  • 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 - Additional charge of Rs 2000 per year for installable trading platform.
Reviews Useful articles about ProStocks:
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Prostocks Special Offer

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 algo trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

Open Prostocks Account

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