Prostocks Vs Groww (Compare Prostocks and Groww)

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
Supported Exchnages	BSE, NSE	NSE and BSE
Account Type	Flat Rate Plan	Standard Plan
Year of Incorporation		2016
Number of Branches	1	0
Broker Enquiry

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

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 Brokerage	Rs 0 (Free)	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage	Rs 15	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	Rs 15	Rs 20 per executed order or 0.05% whichever is lower
Equity Options Brokerage	Rs 15	Rs 20 per executed order
Currency Futures Trading Brokerage	Rs 15	NA
Currency Options Trading Brokerage	Rs 15	NA
Commodity Futures Trading Brokerage	NA	NA
Commodity Options Trading Brokerage	NA	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

Prostocks Vs Groww Brokerage Plan 2

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

Prostocks Charges Vs Groww

Minimum Brokerage Charges	Rs 0	Rs 20 or 0.05% per executed order
Other Brokerage 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: 0.050% | BSE: 0.0025% while Groww exchange transaction charges for options is NA.

	Prostocks	Groww
Equity Delivery	NSE: 0.00325% | BSE: 0.00275%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	NSE: 0.00325% | BSE: 0.00275%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	NSE: 0.0019% | BSE: 0.0005%	NA
Equity Options	NSE: 0.050% | BSE: 0.0025%	NA
Currency Futures	NSE: 0.0011% | BSE: 0.0001%	NA
Currency Options	NSE: 0.040% | BSE: 0.0001%	NA
Commodity		NA

Prostocks Vs Groww Leverage (Margin)

Prostocks provides the margin of 7x (Margin intraday sq off) for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).

	Prostocks	Groww
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	7x (Margin intraday sq off)	Up to 8x (based on the stock)
Equity Futures	2x	NA
Equity Options	1x (no margin)	NA
Currency Futures	1.5x	NA
Currency Options	1x (no margin)	NA
Commodity Futures		NA
Commodity Options		NA

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 Available
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 3.3 of 5 based on 29 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.

	Prostocks	Groww
	29 Customer Reviews	9 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Prostocks is rated 3.3 of 5 based on 29 customer reviews	Groww is rated 3.9 of 5 based on 9 customer reviews

Prostocks Vs Groww Investment Options

	Prostocks	Groww
Stock / Equity
Commodity
Currency
Initial Public Offers (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).
Cons
Reviews	Useful articles about ProStocks: The Top 10 Reasons to Trade with 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.