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Kotak Securities Vs Prostocks (Compare Kotak Securities and Prostocks)

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


Kotak Securities
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh customers. They corporate members with the Bombay Stock Exchange and the National Stock Exchange. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). Kotak securitie... Know more about Kotak 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 ₹899 per month or unlimited Currency Derivatives for ₹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. ProStocks ... Know more about Prostocks

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Kotak Securities Vs Prostocks

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 branches across India. Incorporated in , Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has branches across India.

  Kotak Securities Prostocks
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX, NCDEX BSE, NSE
Account Type Fixed Brokerage Plan Flat Rate Plan
Year of Incorporation 1994
Number of Branches 1209
Broker Enquiry Open an Online Trading Account with Kotak Securities. 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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Kotak Securities Vs Prostocks Charges & AMC

Kotak Securities trading account opening charges is ₹750 while Prostocks account opening changes is ₹0. Kotak Securities Demat Account AMC Charges is ₹600 and Prostocks Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).

  Kotak Securities Prostocks
Trading Account Opening Charges ₹750 ₹0
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹600 ₹0 (Lifetime Zero AMC)
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Kotak Securities Vs Prostocks Brokerage Charges & Plans

Kotak Securities Vs Prostocks Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Prostocks brokerage charges for equity is ₹0 (Free) and intraday is ₹15.

  Kotak Securities Prostocks
Account Type Fixed Brokerage Plan Flat Rate Plan
Fixed Charges
Equity Delivery Brokerage 0.49% ₹0 (Free)
Equity Intraday Brokerage 0.049% (both side) ₹15
Equity Futures Brokerage 0.049% (both side) ₹15
Equity Options Brokerage ₹300 per lot ₹15
Currency Futures Trading Brokerage ₹15
Currency Options Trading Brokerage ₹15
Commodity Futures Trading Brokerage 0.070% NA
Commodity Options Trading Brokerage NA
Special Offer
Special Offer: Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.
Special Offer: Get lifetime AMC free Demat Account with ₹0 account opening fee. ₹0 Brokerage on Equity Delivery. Flat ₹15/trade for Intraday and F&O. Request a Callback

Kotak Securities Vs Prostocks Brokerage Plan 2

  Kotak Securities Prostocks
Account Type Dynamic Brokerage Plan Unlimited Equity Trading Plan
Fixed Charges ₹899
Equity Delivery Brokerage 0.59% to 0.30% ₹0
Equity Intraday Brokerage 0.06% to 0.05% ₹0
Equity Futures Brokerage 0.07% to 0.05% ₹0
Equity Options Brokerage 2.5% to 1.8% ₹0
Currency Futures Trading Brokerage 0.04% or ₹20 per lot NA
Currency Options Trading Brokerage ₹20 to ₹7.5 per lot NA
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA
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Kotak Securities Vs Prostocks Brokerage Plan 3

  Kotak Securities Prostocks
Account Type Fixed Brokerage Plan Unlimited Currency Trading Plan
Fixed Charges ₹499
Equity Delivery Brokerage 0.49% NA
Equity Intraday Brokerage 0.049% (both side) NA
Equity Futures Brokerage 0.049% (both side) NA
Equity Options Brokerage ₹300 per lot NA
Currency Futures Trading Brokerage ₹0
Currency Options Trading Brokerage ₹0
Commodity Futures Trading Brokerage 0.070% NA
Commodity Options Trading Brokerage NA
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Kotak Securities Charges Vs Prostocks

Minimum Brokerage Charges ₹21 per executed order ₹0
Other Brokerage Charges SMS Alerts at ₹50 per month
Call & Trade Charges ₹20 per call after first 20 free calls in a month ₹0 (Free)
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Kotak Securities Vs Prostocks Transaction Charges

Kotak Securities transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options) while Prostocks exchange transaction charges for options is NSE: 0.050% | BSE: 0.0025%.

  Kotak Securities Prostocks
Equity Delivery 0.1% (Buy and Sell) NSE: 0.00325% | BSE: 0.00275%
Equity Intraday 0.025% (on Sell trade) NSE: 0.00325% | BSE: 0.00275%
Equity Futures 0.01% (on Sell trade) NSE: 0.0019% | BSE: 0.0005%
Equity Options 0.05% (on Sell trade premium) or 0.125% (on options) NSE: 0.050% | BSE: 0.0025%
Currency Futures NA NSE: 0.0011% | BSE: 0.0001%
Currency Options NA NSE: 0.040% | BSE: 0.0001%
Commodity 0.01% on sell side
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Kotak Securities Vs Prostocks Leverage (Margin)

Kotak Securities provides the margin of 50 times for intraday trades whereas the Prostocks margin for intraday cash is 7x (Margin intraday sq off).

  Kotak Securities Prostocks
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday 50 times 7x (Margin intraday sq off)
Equity Futures 12 to 15 times 2x
Equity Options Selling: 200 times | Buying: 10 times 1x (no margin)
Currency Futures NA 1.5x
Currency Options NA 1x (no margin)
Commodity Futures NA
Commodity Options
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Compare Kotak Securities and Prostocks Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Prostocks offers ProStocks, NSE NOW trading software.

  Kotak Securities Prostocks
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) No No
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite ProStocks, NSE NOW
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM
Other Features 3-in-1 account
Referral Program
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Kotak Securities Vs Prostocks Review

Kotak Securities is rated 2.5 of 5 based on 146 customer reviews whereas Prostocks is rated 3.3 of 5 based on 28 customer reviews.

  Kotak Securities Prostocks
  146 Customer Reviews    Rate Kotak Securities 28 Customer Reviews    Rate Prostocks
Fees 2.5 4.7
Trading Brokerage 2.4 4.4
Trading Platform Usability 3.4 2.9
Customer Service 3.0 3.3
Research Capabilities 2.5 3.0
Overall Ratings Rated 2.5 stars Rated 3.3 stars
Broker Rating Kotak Securities is rated 2.5 of 5 based on 146 customer reviews Prostocks is rated 3.3 of 5 based on 28 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Enquire Prostocks Enquire
Contact Broker

Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.

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

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Kotak Securities Vs Prostocks Investment Options

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

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

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

  Kotak Securities Prostocks
Casual Investor Yes Yes
Active Investor Yes Yes
Trader Yes
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Kotak Securities Vs Prostocks - Advantages and Disadvantages

  Kotak Securities Prostocks
Pros
  • Offers 3-in-1 Account (trinity account).
  • Kotak Security is a full services broker offering wide range of investment options and research reports.
  • Kotak Securities has extended network of 1400+ branches across India.
  • It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market.
  • Kotak offers 5 different trading platforms to fulfill almost all customer requirements.

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
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.

More Disadvantages...

More Disadvantages...

Reviews Useful articles about ProStocks:
Promo / Offers

Kotak 3-in-1 Account

Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.

Looking for an online trading account? Request Callback from a stock broker.

  • ₹0 Eq Delivery Brokerage and Flat ₹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 Kotak SecuritiesEnquire Prostocks

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