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Prostocks Vs Groww (Compare Prostocks and Groww)

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...

Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...

Prostocks Vs Groww

Incorporated in , Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

	Prostocks	Groww
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE	NSE and BSE
Year of Incorporation		2016
Number of Branches	1	0

Prostocks Vs Groww Charges & AMC

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

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

Prostocks Vs Groww Brokerage Charges & Plans

Prostocks Vs Groww Brokerage

Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

	Prostocks	Groww
Account Type	Flat Rate Plan	Standard Plan
Fixed Charges		NA
Equity Delivery	Rs 0 (Free)	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Rs 15	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 15	NA
Equity Options	Rs 15	NA
Currency Futures	Rs 15	NA
Currency Options	Rs 15	NA
Commodity Futures	NA	NA
Commodity Options	NA	NA
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.

Prostocks Vs Groww Brokerage Plan 2

	Prostocks	Groww
Account Type	Unlimited Equity Trading Plan	Standard Plan
Fixed Charges	Rs 899	NA
Equity Delivery	Rs 0	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Rs 0	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 0	NA
Equity Options	Rs 0	NA
Currency Futures	NA	NA
Currency Options	NA	NA
Commodity Futures	NA	NA
Commodity Options	NA	NA

Prostocks Vs Groww Brokerage Plan 3

	Prostocks	Groww
Account Type	Unlimited Currency Trading Plan	Standard Plan
Fixed Charges	Rs 499	NA
Equity Delivery	NA	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	NA	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	NA	NA
Equity Options	NA	NA
Currency Futures	Rs 0	NA
Currency Options	Rs 0	NA
Commodity Futures	NA	NA
Commodity Options	NA	NA

Prostocks Charges Vs Groww

Minimum Brokerage	Rs 0	Rs 20 or 0.05% per executed order
Other Charges		Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges	Rs 0 (Free)	NA

Prostocks Vs Groww Transaction Charges

Prostocks transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium) while Groww exchange transaction charges for options is NA.

	Prostocks	Groww
Equity Delivery	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	NSE Rs 200 per Cr (0.002%) \| BSE Rs 50 per Cr (0.0005%)	NA
Equity Options	NSE Rs 5300 per Cr (0.053%) \| NSE Rs 2500 per Cr (0.025%) (on premium)	NA
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)	NA
Currency Options	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	NA
Commodity		NA

Prostocks Vs Groww Leverage (Margin)

Prostocks margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Groww margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Prostocks	Groww
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)

Compare Prostocks and Groww Features

The trading platforms offered Prostocks include ProStocks, NSE NOW. Groww offers Groww trading software.

	Prostocks	Groww
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	ProStocks, NSE NOW	Groww
Intraday Square-off Time	Equity 3:15 PM \| Curr: 4:45 PM	3:10 PM
Other Features
Referral Program

Prostocks Vs Groww Review

Prostocks is rated 3.1 of 5 based on 34 customer reviews whereas Groww is rated 3.7 of 5 based on 25 customer reviews.

	Prostocks	Groww
	34 Customer Reviews	25 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Prostocks is rated 3.1 of 5 based on 34 customer reviews	Groww is rated 3.7 of 5 based on 25 customer reviews

Contact Broker / Request A Call Back

	Prostocks Enquire	Groww 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.	Leave your contact information and we will get in touch with you....

Prostocks Vs Groww Investment Options

	Prostocks	Groww
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Digital Gold, US Stocks, Fixed Deposits

Prostocks Vs Groww Order Type Offered

	Prostocks	Groww
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Prostocks Vs Groww Research Report

	Prostocks	Groww
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Prostocks Vs Groww Suitable For Investor Type

	Prostocks	Groww
Casual Investor
Active Investor
Trader

Prostocks Vs Groww - Pros and Cons

	Prostocks	Groww
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).	Simple pricing model with low-cost trading charges. Free Mutual Fund investments with no hidden charges. Zero Account opening fee. Zero Maintenance Charges. Direct MF platform that helps you earn an extra 1.5% returns. E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision. Instant paperless account opening. Online IPO application. Inhouse Brokerage Calculator Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline.
Cons		Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment. No Call and Trade services. Branch support not available. Do not provide stock tips, research reports, or recommendations. No Margin trading facility. No Margin against shares. Advanced order types like BO, CO, AMO, and GTT not available. Trailling stop loss orders are not available in Groww app. Do not offer NRI Trading.
Reviews	Useful articles about ProStocks: The Top 10 Reasons to Trade with ProStocks	Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.
Promo / Offers	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 alog trading. This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

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Prostocks	Groww
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