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ProStocks Vs Finvasia Share Broker Comparison

The side-by-side comparison of ProStocks and Finvasia Securities Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between ProStocks and Finvasia's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ProStocks and Finvasia.

  ProStocks Finvasia Securities Pvt Ltd
 
ProStocks Logo Finvasia Securities Pvt Ltd Logo
About the Broker 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 ... Know more about ProStocks Finvasia is India based technology–driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset manageme... Know more about Finvasia Securities Pvt Ltd
Type of Broker What is this parameter? Discount Broker Full Service Broker
Supported Exchnage What is this parameter? BSE, NSE BSE, NSE, MCX
Account Type What is this parameter? Flat Fee Plan Standard
Broker Enquiry Open an Online Trading Account with ProStocks. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  ProStocks Finvasia Securities Pvt Ltd
Trading Account Opening Fees What is this parameter? ₹0 ₹0 (Free)
Trading Account AMC What is this parameter? ₹0 ₹0 (Free)
Demat Account Opening Fees What is this parameter? ₹0 ₹0 (Free)
Demat Account AMC What is this parameter? ₹0 ₹0 per year (₹1000 for corporate)
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  ProStocks Finvasia Securities Pvt Ltd
Account Type Flat Fee Plan Standard
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? ₹15 ₹0
Equity Intraday Brokerage What is this parameter? ₹15 ₹0
Equity Futures Brokerage What is this parameter? ₹15 ₹0
Equity Options Brokerage What is this parameter? ₹15 ₹0
Currency Futures Trading Brokerage What is this parameter? ₹15 ₹0
Currency Options Trading Brokerage What is this parameter? ₹15 ₹0
Commodity Futures Trading Brokerage What is this parameter? ₹0
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 2

  ProStocks Finvasia Securities Pvt Ltd
Account Type Monthly Unlimited Equity Standard
Fixed Charges What is this parameter? ₹899 NA
Equity Delivery Brokerage What is this parameter? ₹0 ₹0
Equity Intraday Brokerage What is this parameter? ₹0 ₹0
Equity Futures Brokerage What is this parameter? ₹0 ₹0
Equity Options Brokerage What is this parameter? ₹0 ₹0
Currency Futures Trading Brokerage What is this parameter? ₹0
Currency Options Trading Brokerage What is this parameter? ₹0
Commodity Futures Trading Brokerage What is this parameter? ₹0
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 3

  ProStocks Finvasia Securities Pvt Ltd
Account Type Monthly Unlimited Currency Standard
Fixed Charges What is this parameter? ₹499 NA
Equity Delivery Brokerage What is this parameter? ₹0
Equity Intraday Brokerage What is this parameter? ₹0
Equity Futures Brokerage What is this parameter? ₹0
Equity Options Brokerage What is this parameter? ₹0
Currency Futures Trading Brokerage What is this parameter? ₹0 ₹0
Currency Options Trading Brokerage What is this parameter? ₹0 ₹0
Commodity Futures Trading Brokerage What is this parameter? ₹0
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? ₹0
Other Brokerage Charges What is this parameter? None
Call & Trade Charges What is this parameter? ₹0
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Taxes

  ProStocks Finvasia Securities Pvt Ltd
Securities Transaction Tax (STT) What is this parameter?
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  ProStocks Finvasia Securities Pvt Ltd
Equity Delivery What is this parameter? NSE: 0.00325% | BSE: 0.00275% ₹325/crore
Equity Intraday What is this parameter? NSE: 0.00325% | BSE: 0.00275% ₹325/crore
Equity Futures What is this parameter? NSE: 0.0019% | BSE: 0.0005% ₹190/crore
Equity Options What is this parameter? NSE: 0.050% | BSE: 0.0025% ₹5000/crore of premium
Currency Futures What is this parameter? NSE: 0.0011% | BSE: 0.0001% ₹115/crore
Currency Options What is this parameter? NSE: 0.040% | BSE: 0.0001% ₹4000/crore of premium
Commodity What is this parameter? ₹260/crore
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Exposure

  ProStocks Finvasia Securities Pvt Ltd
Equity Delivery What is this parameter? 1x (no margin) 1x
Equity Intraday What is this parameter? 7x (Margin intraday sq off) | 10x (Cover Order) up to 10x
Equity Futures What is this parameter? 1.5x 2x
Equity Options What is this parameter? 1x (no margin) 1x
Currency Futures What is this parameter? 1.5x 1x
Currency Options What is this parameter? 1x (no margin) 1x
Commodity What is this parameter? NA 2x
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Share Broker Features

  ProStocks Finvasia Securities Pvt Ltd
3 in 1 Account What is this parameter? No No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No Yes
SMS Alerts What is this parameter? No No
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? No Yes
Margin Trading Funding Available What is this parameter? No No
Margin Against Shares (Equity Cash) What is this parameter?
Margin Against Shares (Equity F&O) What is this parameter?
Trading Platform What is this parameter? ProStocks, NSE NOW Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time What is this parameter? Equity 3:15 PM | Curr: 4:45 PM 3:15 PM
Other Features What is this parameter? Asset management, Investment Banking, Advisory, and Currency hedging.
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Broker Ratings (Average User Rating)

  ProStocks Finvasia Securities Pvt Ltd
  24 Customer Reviews    Rate ProStocks 7 Customer Reviews    Rate Finvasia
Fees Ratings 4.6 4.4
Trading Brokerage Rating 4.4 5.0
Trading Platform Usability 2.9 2.9
Customer Service Ratings 3.1 4.7
Overall Ratings Rated 3.3 stars Rated 4.9 stars
Broker Rating ProStocks is Rated 3.3 / 5 based on 24 customer reviews Finvasia is Rated 4.9 / 5 based on 7 customer reviews
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Contact Broker / Request A Call Back

  ProStocks Finvasia Securities Pvt Ltd
Contact / Request Call Back
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Investment Options Available

  ProStocks Finvasia Securities Pvt Ltd
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? No Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? No Yes
Mutual Funds What is this parameter? No Yes
Bond / NCD What is this parameter? No No
Debt What is this parameter? No No
Other Investment Options What is this parameter?
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Customer Service Offered

  ProStocks Finvasia Securities Pvt Ltd
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? No Yes
Through Branches What is this parameter? No No
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Order Type

  ProStocks Finvasia Securities Pvt Ltd
Bracket Order What is this parameter?
Cover Order What is this parameter?
Buy Today Sell Tomorrow (BTST) What is this parameter?
Sell Today Buy Tomorrow (STBT) What is this parameter?
After Market Order(AMO) What is this parameter?
Good Till Cancelled (GTC) What is this parameter?
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Research / Tips / Reports Published

  ProStocks Finvasia Securities Pvt Ltd
Daily Market Report What is this parameter? No Yes
Free Tips What is this parameter? No No
Quarterly Result Analysis What is this parameter? No No
News Alerts What is this parameter? No No
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Suitable for Investor Category

  ProStocks Finvasia Securities Pvt Ltd
Casual Investor What is this parameter? Yes
Active Investor What is this parameter? Yes Yes
Trader What is this parameter? Yes Yes

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Pros, Cons and Other Review Comments

  ProStocks Finvasia Securities Pvt Ltd
Pros What is this parameter?
  • 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...

  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.

More Advantages...

Cons What is this parameter?

More Disadvantages...

  • Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding. The company is planning to launch this service in future.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.

More Disadvantages...

Reviews What is this parameter? Useful articles about ProStocks:
Promo / Offers What is this parameter?

ProStocks offer FREE Trading + Demat Account. You can trade unlimited in equity & equity f&o segment for ₹899/month or choose ₹15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer ₹0 Demat AMC with one time ₹1000 refundable deposit.

This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.

Enquire about ProStocks Enquire about Finvasia
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