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IIFL Securities Vs Prostocks (Compare IIFL Securities and Prostocks)

About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD...

IIFL Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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 pl...

Prostocks Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

IIFL Securities Vs Prostocks

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

	IIFL Securities	Prostocks
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX	BSE, NSE
Year of Incorporation	1996	2016
Number of Branches	900	1
	Open IIFL Securities Account	Open Prostocks Account

IIFL Securities Vs Prostocks Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

	IIFL Securities	Prostocks
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 250 (Free for 1st year)	Rs 0 (Lifetime Zero AMC)

IIFL Securities Vs Prostocks Brokerage

IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type	IIFL Securities iServe	Prostocks Flat Rate Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per order	Rs 0 (Free)
Equity Intraday	Rs 20 per order	Rs 15 per executed order
Equity Futures	Rs 20 per order	Rs 15 per executed order
Equity Options	Rs 20 per order	Rs 15 per executed order
Currency Futures	Rs 20 per order	Rs 15 per executed order
Currency Options	Rs 20 per order	Rs 15 per executed order
Commodity Futures	Rs 20 per order	NA
Commodity Options	Rs 20 per order	NA
Special Offer	Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL 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.

IIFL Securities Vs Prostocks Brokerage Plan 2

	IIFL Securities	Prostocks
Account Type	iServe	Unlimited Equity Trading Plan
Fixed Charges	NA	Rs 899
Equity Delivery	Rs 20 per order	Rs 0
Equity Intraday	Rs 20 per order	Rs 0
Equity Futures	Rs 20 per order	Rs 0
Equity Options	Rs 20 per order	Rs 0
Currency Futures	Rs 20 per order	NA
Currency Options	Rs 20 per order	NA
Commodity Futures	Rs 20 per order	NA
Commodity Options	Rs 20 per order	NA
	Open IIFL Securities Account	Open Prostocks Account

IIFL Securities Vs Prostocks Brokerage Plan 3

	IIFL Securities	Prostocks
Account Type	iServe	Unlimited Currency Trading Plan
Fixed Charges	NA	Rs 499
Equity Delivery	Rs 20 per order	NA
Equity Intraday	Rs 20 per order	NA
Equity Futures	Rs 20 per order	NA
Equity Options	Rs 20 per order	NA
Currency Futures	Rs 20 per order	Rs 0
Currency Options	Rs 20 per order	Rs 0
Commodity Futures	Rs 20 per order	NA
Commodity Options	Rs 20 per order	NA
	Open IIFL Securities Account	Open Prostocks Account

IIFL Securities Charges Vs Prostocks

Minimum Brokerage		Rs 0
Other Charges	Advisory SMS - Rs 50 per month
Call & Trade Charges	Rs 50 per call	Rs 0 (Free)

IIFL Securities Vs Prostocks Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (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).

	IIFL Securities	Prostocks
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Futures	Rs 210 per Cr (0.0021%)	NSE Rs 200 per Cr (0.002%) \| BSE Rs 50 per Cr (0.0005%)
Equity Options	Rs 5100 per Cr (0.051%) (on premium)	NSE Rs 5300 per Cr (0.053%) \| NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures	Rs 210 per Cr (0.0021%)	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 25 per Cr (0.00025%)
Currency Options	Rs 5100 per Cr (0.051%) (on premium)	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Group A - Rs 280 per Cr (0.0028%)
	Open IIFL Securities Account	Open Prostocks Account

IIFL Securities Vs Prostocks Leverage (Margin)

IIFL Securities 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.

	IIFL Securities	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)
	Open IIFL Securities Account	Open Prostocks Account

Compare IIFL Securities and Prostocks Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

	IIFL Securities	Prostocks
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time		Equity 3:15 PM \| Curr: 4:45 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open IIFL Securities Account	Open Prostocks Account

IIFL Securities Vs Prostocks Review

IIFL Securities is rated 2.6 of 5 based on 128 customer reviews whereas Prostocks is rated 3.3 of 5 based on 40 customer reviews.

	IIFL Securities	Prostocks
	128 Customer Reviews	40 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.6 of 5 based on 128 customer reviews	Prostocks is rated 3.3 of 5 based on 40 customer reviews

Contact Broker / Request A Call Back

	IIFL Securities Enquire	Prostocks Enquire
Contact Broker	Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL 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.

IIFL Securities Vs Prostocks Investment Options

	IIFL Securities	Prostocks
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

IIFL Securities Vs Prostocks Order Type Offered

	IIFL Securities	Prostocks
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open IIFL Securities Account	Open Prostocks Account

IIFL Securities Vs Prostocks Research Report

	IIFL Securities	Prostocks
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IIFL Securities Vs Prostocks Suitable For Investor Type

	IIFL Securities	Prostocks
Casual Investor
Active Investor
Trader

IIFL Securities Vs Prostocks - Pros and Cons

	IIFL Securities	Prostocks
Pros	Full-service broker offering quality research and recommendations. Flat Rs 20 per trade brokerage for Intraday & F&O. IIFL offers Equity SIP and Mutual Fund SIP. Margin funding is available. IIFL Securities is a publicly-traded company listed at BSE and NSE.	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	Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges. Equity delivery brokerage is charged at flat Rs 20 per trade. It doesn't offer Direct Mutual Funds. Call & trade changes are Rs 50 per call.
Reviews		ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market. ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds. The Top 10 Reasons to Trade with ProStocks
Promo / Offers	IIFL Securities Special Offer Flat Rs 20 Per Trade Brokerage + Free Account Opening Flat Rs 20 per trade brokerage for delivery, intraday and F&O + Trade with the best rated mobile trading app. This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.	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 IIFL Securities Account	Open Prostocks Account

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