Karvy Vs Prostocks (Compare Karvy and Prostocks)

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


Karvy

Alert! 25th Nov 2020 - NSE, BSE terminate Karvy's membership.

Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

Karvy Customers,

Need Help Moving to Another Broker?

Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institutions and individual investors through its wide network of offices. Using their combine account facility one can trade in Equities, Derivatives, Currency or invest in IPOs, Mutual funds or NCDs under one roof. Based in Hyderabad they are among one ... Know more about Karvy Stock Broking 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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Karvy Vs Prostocks

Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India. Incorporated in , Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  Karvy Prostocks
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE
Account Type Retail Brokerage Plan Flat Rate Plan
Year of Incorporation 1985
Number of Branches 575 1
Broker Enquiry Open an Online Trading Account with Prostocks. Leave your contact info and we will get in touch with you.
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Karvy Vs Prostocks Charges & AMC

Karvy trading account opening charges is Rs 650 while Prostocks account opening changes is Rs 0. Karvy Demat Account AMC Charges is Rs 420 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  Karvy Prostocks
Trading Account Opening Charges Rs 650 Rs 0
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 420 Rs 0 (Lifetime Zero AMC)
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Karvy Vs Prostocks Brokerage Charges & Plans

Karvy Vs Prostocks Brokerage

Karvy brokerage charges for equity is 0.3% and intraday is 0.03% whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15.

  Karvy Prostocks
Account Type Retail Brokerage Plan Flat Rate Plan
Fixed Charges
Equity Delivery Brokerage 0.3% Rs 0 (Free)
Equity Intraday Brokerage 0.03% Rs 15
Equity Futures Brokerage 0.03% Rs 15
Equity Options Brokerage Rs 30 per lot Rs 15
Currency Futures Trading Brokerage 0.03% Rs 15
Currency Options Trading Brokerage Rs 30 per lot Rs 15
Commodity Futures Trading Brokerage 0.03% NA
Commodity Options Trading Brokerage Rs 30 per lot NA
Special 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

Karvy Vs Prostocks Brokerage Plan 2

  Karvy Prostocks
Account Type Premium Subscription Plan of 100000 Unlimited Equity Trading Plan
Fixed Charges Rs 100,000 per year Rs 899
Equity Delivery Brokerage 0.1% Rs 0
Equity Intraday Brokerage 0.01% Rs 0
Equity Futures Brokerage 0.01% Rs 0
Equity Options Brokerage Rs 10 per lot Rs 0
Currency Futures Trading Brokerage 0.01% NA
Currency Options Trading Brokerage Rs 10 per lot NA
Commodity Futures Trading Brokerage 0.01% NA
Commodity Options Trading Brokerage Rs 10 per lot NA

Karvy Vs Prostocks Brokerage Plan 3

  Karvy Prostocks
Account Type Retail Brokerage Plan Unlimited Currency Trading Plan
Fixed Charges Rs 499
Equity Delivery Brokerage 0.3% NA
Equity Intraday Brokerage 0.03% NA
Equity Futures Brokerage 0.03% NA
Equity Options Brokerage Rs 30 per lot NA
Currency Futures Trading Brokerage 0.03% Rs 0
Currency Options Trading Brokerage Rs 30 per lot Rs 0
Commodity Futures Trading Brokerage 0.03% NA
Commodity Options Trading Brokerage Rs 30 per lot NA

Karvy Charges Vs Prostocks

Minimum Brokerage Charges Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher Rs 0
Other Brokerage Charges
Call & Trade Charges Rs 0 (Free)
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Karvy Vs Prostocks Transaction Charges

Karvy transaction charges for options is Rs 5500 while Prostocks exchange transaction charges for options is NSE: 0.050% | BSE: 0.0025%.

  Karvy Prostocks
Equity Delivery Rs 325 NSE: 0.00325% | BSE: 0.00275%
Equity Intraday Rs 325 NSE: 0.00325% | BSE: 0.00275%
Equity Futures Rs 230 NSE: 0.0019% | BSE: 0.0005%
Equity Options Rs 5500 NSE: 0.050% | BSE: 0.0025%
Currency Futures Rs 325 NSE: 0.0011% | BSE: 0.0001%
Currency Options NSE: 0.040% | BSE: 0.0001%
Commodity Rs 300
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Karvy Vs Prostocks Leverage (Margin)

Karvy provides the margin of Upto 20x for intraday trades whereas the Prostocks margin for intraday cash is 7x (Margin intraday sq off).

  Karvy Prostocks
Equity Delivery Upto 5x with 24% interest per year 1x (no margin)
Equity Intraday Upto 20x 7x (Margin intraday sq off)
Equity Futures Upto 4x 2x
Equity Options Upto 4x for shorting 1x (no margin)
Currency Futures Nil 1.5x
Currency Options Nil 1x (no margin)
Commodity Futures Upto 4x
Commodity Options
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Compare Karvy and Prostocks Features

The trading platforms offered Karvy include NEST, Karvy Web, Trade Mobile. Prostocks offers ProStocks, NSE NOW trading software.

  Karvy Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform NEST, Karvy Web, Trade Mobile ProStocks, NSE NOW
Intraday Square-off Time 3:15 Equity 3:15 PM | Curr: 4:45 PM
Other Features Ask the expert, The Finapolis
Referral Program
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Karvy Vs Prostocks Review

Karvy is rated 2.0 of 5 based on 24 customer reviews whereas Prostocks is rated 3.3 of 5 based on 29 customer reviews.

  Karvy Prostocks
  24 Customer Reviews    Rate Karvy 29 Customer Reviews    Rate Prostocks
Fees 2.6 4.7
Trading Brokerage 2.4 4.4
Trading Platform Usability 2.7 3.0
Customer Service 2.2 3.3
Research Capabilities 4.0
Overall Ratings Rated 2.0 stars Rated 3.3 stars
Broker Rating Karvy is rated 2.0 of 5 based on 24 customer reviews Prostocks is rated 3.3 of 5 based on 29 customer reviews
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Contact Broker / Request A Call Back

  Karvy Enquire Prostocks Enquire
Contact Broker

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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Karvy Vs Prostocks Investment Options

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

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

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

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

  Karvy Prostocks
Pros
  1. Pay Rs 1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  • 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
  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers
Reviews Useful articles about ProStocks:
Promo / Offers
  • 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.

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