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Prostocks Vs Dhan (Compare Prostocks and Dhan)

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 pl... Know more about Prostocks

Moneylicious Securities Pvt Ltd Logo

About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to create wealth, and Dhan is committed to providing these options. Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL as well as NSE, BSE and MCX stock exchanges. Dhan offers a variety of products including Stocks, ETFs, Options, Futures and Commoditi... Know more about Moneylicious Securities Pvt Ltd

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Prostocks Vs Dhan

Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Prostocks Dhan
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX
Year of Incorporation 2016 2021
Number of Branches 1 1
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Prostocks Vs Dhan Charges & AMC

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

  Prostocks Dhan
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 ₹0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 (Lifetime Zero AMC) ₹0 (Lifetime Zero AMC)

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Prostocks Vs Dhan Brokerage

Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.

Account Type Prostocks Flat Rate Plan Dhan Flat Rate Plan
Fixed Charges NA Rs 0 or Nill
Equity Delivery Rs 0 (Free) Rs. 0
Equity Intraday Rs 15 per executed order Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures Rs 15 per executed order Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Rs 15 per executed order Rs 20 per executed order
Currency Futures Rs 15 per executed order Rs 20 per executed order or 0.03% of trade value
Currency Options Rs 15 per executed order Rs 20 per executed order
Commodity Futures NA Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options NA Rs 20 per executed order
Special Offer
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.
Special Offer: Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Prostocks Vs Dhan Brokerage Plan 2

  Prostocks Dhan
Account Type Unlimited Equity Trading Plan Flat Rate Plan
Fixed Charges Rs 899 Rs 0 or Nill
Equity Delivery Rs 0 Rs. 0
Equity Intraday Rs 0 Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures Rs 0 Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Rs 0 Rs 20 per executed order
Currency Futures NA Rs 20 per executed order or 0.03% of trade value
Currency Options NA Rs 20 per executed order
Commodity Futures NA Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options NA Rs 20 per executed order
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Prostocks Vs Dhan Brokerage Plan 3

  Prostocks Dhan
Account Type Unlimited Currency Trading Plan Flat Rate Plan
Fixed Charges Rs 499 Rs 0 or Nill
Equity Delivery NA Rs. 0
Equity Intraday NA Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures NA Rs 20 or 0.03% of trade value, whichever is lower
Equity Options NA Rs 20 per executed order
Currency Futures Rs 0 Rs 20 per executed order or 0.03% of trade value
Currency Options Rs 0 Rs 20 per executed order
Commodity Futures NA Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options NA Rs 20 per executed order
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Prostocks Charges Vs Dhan

Minimum Brokerage Rs 0 Rs 20
Other Charges
Call & Trade Charges Rs 0 (Free) Rs 50 per order

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Prostocks Vs Dhan Transaction Charges

Prostocks transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Dhan exchange transaction charges for options is NSE Rs 4950 per Cr (0.0495%) | BSE Rs 495 per Cr (0.00495%) (on premium).

  Prostocks Dhan
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 188 per Cr (0.00188%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 4950 per Cr (0.0495%) | BSE Rs 495 per Cr (0.00495%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) (on premium)
Commodity Group A, B : 0.0026%
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Prostocks Vs Dhan Leverage (Margin)

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

  Prostocks Dhan
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 Prostocks and Dhan Features

The trading platforms offered Prostocks include ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

  Prostocks Dhan
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM 3:20 PM
Trading In SME Shares Allowed? Yes Yes
Referral Program Yes Yes
Other Features APIs for Algo Trading, smallcases on Dhan
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Prostocks Vs Dhan Review

Prostocks is rated 3.3 of 5 based on 41 customer reviews whereas Dhan is rated 3.0 of 5 based on 23 customer reviews.

  Prostocks Dhan
  41 Customer Reviews    Rate Prostocks 23 Customer Reviews    Rate Dhan
Fees 4.6 4.0
Brokerage 4.2 3.4
Trading Platform 2.9 3.3
Customer Service 3.2 2.2
Research Capabilities 2.0 2.7
Overall Ratings Rated 3.3 stars Rated 3.0 stars
Broker Rating Prostocks is rated 3.3 of 5 based on 41 customer reviews Dhan is rated 3.0 of 5 based on 23 customer reviews

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Contact Broker / Request A Call Back

  Prostocks Enquire Dhan Enquire
Contact Broker 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. Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

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Prostocks Vs Dhan Investment Options

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

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Prostocks Vs Dhan Order Type Offered

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

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

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Prostocks Vs Dhan Suitable For Investor Type

  Prostocks Dhan
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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Prostocks Vs Dhan - Pros and Cons

  Prostocks Dhan
Pros
  • 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).
  • Safe, reliable, and technologically first online broker.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free account opening.
  • AMC free demat account.
  • Free equity delivery trades.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offers 3-in-1 account for ICICI bank users.
Cons
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 20 per order.
  • It does not offer monthly unlimited trading plans.
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

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.

Dhan Special Offer

Brokerage-free share delivery trading and AMC free demat account

  • Free account opening and Demat AMC +
  • Brokerage-free equity delivery and flat Rs 20 per trade for intraday and F&O +
  • Separate option trading APP.

This is a limited-time offer. Open an instant account online and start trading today.

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