Prostocks Vs Indira Securities (Compare Prostocks and Indira Securities)

Prostocks Vs Indira Securities

Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India. Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

	Prostocks	Indira Securities
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX and NCDEX
Year of Incorporation	2016	1987
Number of Branches	1	335
	Open Prostocks Account	Enquire Indira Securities

Prostocks Vs Indira Securities Charges & AMC

Prostocks trading account opening charges is Rs 0 while Indira Securities account opening changes is Rs 0 (Free). Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC) and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).

	Prostocks	Indira Securities
Trading Account Opening Charges	Rs 0	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 0 (Lifetime Zero AMC)	Rs 450 (Free for 1st year)

Prostocks Vs Indira Securities Brokerage

Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

	Prostocks	Indira Securities
Account Type	Flat Rate Plan	Traditional Plan
Fixed Charges		NA
Equity Delivery	Rs 0 (Free)	0.10%
Equity Intraday	Rs 15	0.01%
Equity Futures	Rs 15	0.01%
Equity Options	Rs 15	Rs 25 per lot (both side)
Currency Futures	Rs 15	0.01%
Currency Options	Rs 15	Rs 25 per lot (both side)
Commodity Futures	NA	0.01%
Commodity Options	NA	Rs 25 per lot (both side)
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: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

Prostocks Vs Indira Securities Brokerage Plan 2

	Prostocks	Indira Securities
Account Type	Unlimited Equity Trading Plan	Discount Brokerage Plan
Fixed Charges	Rs 899	NA
Equity Delivery	Rs 0	Rs 20 per executed order
Equity Intraday	Rs 0	Rs 20 per executed order
Equity Futures	Rs 0	Rs 20 per executed order
Equity Options	Rs 0	Rs 20 per executed order
Currency Futures	NA	Rs 20 per executed order
Currency Options	NA	Rs 20 per executed order
Commodity Futures	NA	Rs 20 per executed order
Commodity Options	NA	Rs 20 per executed order
	Open Prostocks Account	Enquire Indira Securities

Prostocks Vs Indira Securities Brokerage Plan 3

	Prostocks	Indira Securities
Account Type	Unlimited Currency Trading Plan	Traditional Plan
Fixed Charges	Rs 499	NA
Equity Delivery	NA	0.10%
Equity Intraday	NA	0.01%
Equity Futures	NA	0.01%
Equity Options	NA	Rs 25 per lot (both side)
Currency Futures	Rs 0	0.01%
Currency Options	Rs 0	Rs 25 per lot (both side)
Commodity Futures	NA	0.01%
Commodity Options	NA	Rs 25 per lot (both side)
	Open Prostocks Account	Enquire Indira Securities

Prostocks Charges Vs Indira Securities

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

Prostocks Vs Indira Securities 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 Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).

	Prostocks	Indira Securities
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%)
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%)
Equity Futures	NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)	NSE Rs 190 per Cr (0.0019%)
Equity Options	NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)	NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)	NSE Rs 120 per Cr (0.0012%)
Currency Options	NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)	NSE Rs 500 per Cr (0.005%) (on premium)
Commodity		Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)
	Open Prostocks Account	Enquire Indira Securities

Prostocks Vs Indira Securities 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 Indira Securities 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	Indira Securities
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)
	Open Prostocks Account	Enquire Indira Securities

Compare Prostocks and Indira Securities Features

The trading platforms offered Prostocks include ProStocks, NSE NOW. Indira Securities offers ODIN trading software.

	Prostocks	Indira Securities
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	ODIN
Intraday Square-off Time	Equity 3:15 PM | Curr: 4:45 PM	3:15 PM
Other Features
Referral Program
	Open Prostocks Account	Enquire Indira Securities

Prostocks Vs Indira Securities Review

Prostocks is rated 3.2 of 5 based on 35 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 3 customer reviews.

	Prostocks	Indira Securities
	35 Customer Reviews	3 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Prostocks is rated 3.2 of 5 based on 35 customer reviews	Indira Securities is rated 4.0 of 5 based on 3 customer reviews

Prostocks Vs Indira Securities Investment Options

	Prostocks	Indira Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Prostocks Vs Indira Securities Order Type Offered

	Prostocks	Indira Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Prostocks Account	Enquire Indira Securities

Prostocks Vs Indira Securities Research Report

	Prostocks	Indira Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Prostocks Vs Indira Securities Suitable For Investor Type

	Prostocks	Indira Securities
Casual Investor
Active Investor
Trader

Prostocks Vs Indira Securities - Pros and Cons

	Prostocks	Indira Securities
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).	Full-service broker offering discount brokerage plan. Relationship manager even for online customers. Offers ODIN as trading platform. Investment in mutual fund for free. Pan India presence with hundreds of branches, and business partners. No charges for Call & Trade and Auto Square-off.
Cons		Flat-rate brokerage plans (Rs 20 per trade) is not available in MP and Rajasthan. Advance order types i.e. CO, and BO are not available in the mobile app. Doesn't offer NRI trading account.
Reviews	Useful articles about ProStocks: The Top 10 Reasons to Trade with ProStocks
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.	Free Equity Delivery Trading Get FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.
	Open Prostocks Account	Enquire Indira Securities