Prostocks Vs Indira Securities (Compare Prostocks and Indira Securities)

Prostocks Vs Indira Securities

Incorporated in , Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 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
Supported Exchnages	BSE, NSE	BSE, NSE, MCX and NCDEX
Account Type	Flat Rate Plan	Traditional Plan
Year of Incorporation		1987
Number of Branches		335
Broker Enquiry

Prostocks Vs Indira Securities Charges & AMC

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

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

Prostocks Vs Indira Securities Brokerage

Prostocks brokerage charges for equity is ₹0 (Free) and intraday is ₹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
Equity Delivery Brokerage	₹0 (Free)	0.10%
Equity Intraday Brokerage	₹15	0.01%
Equity Futures Brokerage	₹15	0.01%
Equity Options Brokerage	₹15	₹25 per lot (both side)
Currency Futures Trading Brokerage	₹15	0.01%
Currency Options Trading Brokerage	₹15	₹25 per lot (both side)
Commodity Futures Trading Brokerage	NA	0.01%
Commodity Options Trading Brokerage	NA	₹25 per lot (both side)
Special Offer	Special Offer: Get lifetime AMC free Demat Account with ₹0 account opening fee. ₹0 Brokerage on Equity Delivery. Flat ₹15/trade for Intraday and F&O. Request a Callback	Special Offer: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Prostocks Vs Indira Securities Brokerage Plan 2

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

Prostocks Vs Indira Securities Brokerage Plan 3

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

Prostocks Charges Vs Indira Securities

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

Prostocks Vs Indira Securities Transaction Charges

Prostocks transaction charges for options is NSE: 0.050% | BSE: 0.0025% while Indira Securities exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

	Prostocks	Indira Securities
Equity Delivery	NSE: 0.00325% | BSE: 0.00275%	NSE ₹325 per Cr (0.00325%)
Equity Intraday	NSE: 0.00325% | BSE: 0.00275%	NSE ₹325 per Cr (0.00325%)
Equity Futures	NSE: 0.0019% | BSE: 0.0005%	NSE ₹190 per Cr (0.0019%)
Equity Options	NSE: 0.050% | BSE: 0.0025%	NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures	NSE: 0.0011% | BSE: 0.0001%	NSE ₹120 per Cr (0.0012%)
Currency Options	NSE: 0.040% | BSE: 0.0001%	NSE ₹500 per Cr (0.005%) (on premium)
Commodity		Non-Agri: ₹260 per Cr (0.0026%) | Agri: ₹600 per Cr (0.006%)

Prostocks Vs Indira Securities Leverage (Margin)

Prostocks provides the margin of 7x (Margin intraday sq off) for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).

	Prostocks	Indira Securities
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	7x (Margin intraday sq off)	Up to 10x (based on the stock)
Equity Futures	2x	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Equity Options	1x (no margin)	1x (no margin)
Currency Futures	1.5x	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options	1x (no margin)	1x (no margin)
Commodity Futures		Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options		1x (no margin)

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 Available
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

Prostocks Vs Indira Securities Review

Prostocks is rated 3.3 of 5 based on 29 customer reviews whereas Indira Securities is rated 4.5 of 5 based on 2 customer reviews.

	Prostocks	Indira Securities
	29 Customer Reviews	2 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	Indira Securities is rated 4.5 of 5 based on 2 customer reviews

Prostocks Vs Indira Securities Investment Options

	Prostocks	Indira Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (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)

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 ₹899 unlimited equity and equity f&o trading and ₹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 ₹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 (₹10 per executed order) among all discount brokers. Other brokers charge minimum ₹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 (₹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	₹0 Eq Delivery Brokerage and Flat ₹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.	Free Equity Delivery Trading Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website