Prostocks Vs Indira Securities (Compare Prostocks and Indira Securities)


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... Know more about Prostocks


Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL. The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers. Indira Securities offers both traditional and discount brokerage plans. In the ... Know more about Indira Securities Pvt Ltd

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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 an Online Trading Account with Prostocks.Open an Online Trading Account with Indira Securities.
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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)
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Prostocks Vs Indira Securities Brokerage Charges & Plans

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
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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)
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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)
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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%)
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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)
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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 No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
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 Yes
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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    Rate Prostocks 3 Customer Reviews    Rate Indira Securities
Fees 4.6 2.3
Brokerage 4.3 4.3
Trading Platform 2.8 4.0
Customer Service 3.2 4.0
Research Capabilities 2.4 4.3
Overall Ratings Rated 3.2 stars Rated 4.0 stars
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
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Contact Broker / Request A Call Back

  Prostocks Enquire Indira Securities 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. FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.
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Prostocks Vs Indira Securities Investment Options

  Prostocks Indira Securities
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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Prostocks Vs Indira Securities Order Type Offered

  Prostocks Indira Securities
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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Prostocks Vs Indira Securities Research Report

  Prostocks Indira Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Prostocks Vs Indira Securities Suitable For Investor Type

  Prostocks Indira Securities
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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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
  1. Flat-rate brokerage plans (Rs 20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading account.
Reviews Useful articles about 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 AccountEnquire Indira Securities

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