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Prostocks Vs iTradeOnline (Compare Prostocks and iTradeOnline)

The side-by-side comparison of Prostocks and iTradeOnline. Compare Prostocks Vs iTradeOnline brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Prostocks vs iTradeOnline?


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 ₹899 per month or unlimited Currency Derivatives for ₹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. ProStocks ... Know more about Prostocks


iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of ₹20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX. Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available f... Know more about iTradeOnline by Trustline

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Prostocks Vs iTradeOnline

Incorporated in , Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has branches across India. Incorporated in , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Prostocks iTradeOnline
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE BSE, NSE, MCX
Account Type Flat Rate Plan Pay Per Trade
Year of Incorporation
Number of Branches
Broker Enquiry Open an Online Trading Account with Prostocks. Leave your contact info and we will get in touch with you. Open an Online Trading Account with iTradeOnline. Leave your contact info and we will get in touch with you.
Enquire ProstocksEnquire iTradeOnline
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Prostocks Vs iTradeOnline Charges & AMC

Prostocks trading account opening charges is ₹0 while iTradeOnline account opening changes is ₹0 (Free). Prostocks Demat Account AMC Charges is ₹0 (Lifetime Zero AMC) and iTradeOnline Demat Account AMC Charges is Regular Demat: ₹300, Lifetime free AMC Demat: ₹0.

  Prostocks iTradeOnline
Trading Account Opening Charges ₹0 ₹0 (Free)
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹0 (Free) Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC Charges ₹0 (Lifetime Zero AMC) Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
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Prostocks Vs iTradeOnline Brokerage Charges & Plans

Prostocks Vs iTradeOnline Brokerage

Prostocks brokerage charges for equity is ₹0 (Free) and intraday is ₹15 whereas iTradeOnline brokerage charges for equity is ₹20 per executed order or .01% whichever is lower and intraday is ₹20 per executed order or .01% whichever is lower.

  Prostocks iTradeOnline
Account Type Flat Rate Plan Pay Per Trade
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) ₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage ₹15 ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹15 ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹15 ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹15 ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹15 ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage NA ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage NA
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: Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Prostocks Vs iTradeOnline Brokerage Plan 2

  Prostocks iTradeOnline
Account Type Unlimited Equity Trading Plan Pay Per Trade
Fixed Charges ₹899 ₹0
Equity Delivery Brokerage ₹0 ₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage ₹0 ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹0 ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹0 ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage NA ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage NA ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage NA ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage NA
Enquire ProstocksEnquire iTradeOnline

Prostocks Vs iTradeOnline Brokerage Plan 3

  Prostocks iTradeOnline
Account Type Unlimited Currency Trading Plan Pay Per Trade
Fixed Charges ₹499 ₹0
Equity Delivery Brokerage NA ₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage NA ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage NA ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage NA ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹0 ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹0 ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage NA ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage NA
Enquire ProstocksEnquire iTradeOnline

Prostocks Charges Vs iTradeOnline

Minimum Brokerage Charges ₹0 ₹0 (No Minimum Brokerage)
Other Brokerage Charges Physical contact notes: ₹20
Call & Trade Charges ₹0 (Free) ₹0 (Free)
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Prostocks Vs iTradeOnline Transaction Charges

Prostocks transaction charges for options is NSE: 0.050% | BSE: 0.0025% while iTradeOnline exchange transaction charges for options is NSE ₹5000 per crore (0.05%).

  Prostocks iTradeOnline
Equity Delivery NSE: 0.00325% | BSE: 0.00275% NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday NSE: 0.00325% | BSE: 0.00275% NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures NSE: 0.0019% | BSE: 0.0005% NSE ₹190 per crore (0.0019%)
Equity Options NSE: 0.050% | BSE: 0.0025% NSE ₹5000 per crore (0.05%)
Currency Futures NSE: 0.0011% | BSE: 0.0001% NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options NSE: 0.040% | BSE: 0.0001% NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
Enquire ProstocksEnquire iTradeOnline
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Prostocks Vs iTradeOnline Leverage (Margin)

Prostocks provides the margin of 7x (Margin intraday sq off) for intraday trades whereas the iTradeOnline margin for intraday cash is Upto 20x (based on the stock).

  Prostocks iTradeOnline
Equity Delivery 1x (no margin) Upto 5x (based on the stock)
Equity Intraday 7x (Margin intraday sq off) Upto 20x (based on the stock)
Equity Futures 2x Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options 1x (no margin) Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures 1.5x Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options 1x (no margin) Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span
Commodity Options Intraday - 100%(1x), Carry forward - 100%(1x) of Span
Enquire ProstocksEnquire iTradeOnline
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Compare Prostocks and iTradeOnline Features

The trading platforms offered Prostocks include ProStocks, NSE NOW. iTradeOnline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

  Prostocks iTradeOnline
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform ProStocks, NSE NOW Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program
Enquire ProstocksEnquire iTradeOnline
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Prostocks Vs iTradeOnline Review

Prostocks is rated 3.3 of 5 based on 28 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.

  Prostocks iTradeOnline
  28 Customer Reviews    Rate Prostocks 7 Customer Reviews    Rate iTradeOnline
Fees 4.7 3.9
Trading Brokerage 4.4 4.1
Trading Platform Usability 2.9 3.9
Customer Service 3.3 3.7
Research Capabilities 3.0 1.0
Overall Ratings Rated 3.3 stars Rated 4.0 stars
Broker Rating Prostocks is rated 3.3 of 5 based on 28 customer reviews iTradeOnline is rated 4.0 of 5 based on 7 customer reviews
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Contact Broker / Request A Call Back

  Prostocks Enquire iTradeOnline Enquire
Contact Broker

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

Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

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Prostocks Vs iTradeOnline Investment Options

  Prostocks iTradeOnline
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Insurance, Wealth Management
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Prostocks Vs iTradeOnline Order Type Offered

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

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

  Prostocks iTradeOnline
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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Prostocks Vs iTradeOnline - Advantages and Disadvantages

  Prostocks iTradeOnline
Pros
  • Cheapest flat fee broker in India. Offers ₹899 unlimited equity and equity f&o trading and ₹15 per trade plan.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 5 Pricing plans to choose from offers flexibility to stock market investors and active trader. Its extremely easy to switch between the plans.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time ₹1000 deposit. No account opening and no annual maintenance charges.
  • Lowest stamp duty for customer outside Maharashtra. Max stamp duty charged is ₹50 per day.
  • 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).

More Advantages...

  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Research based fundamental and technical analysis available to all the customers.
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.

More Advantages...

Cons

More Disadvantages...

  • Separate account needed for Mutual Funds investment.
  • For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API's are now available.
  • Opening demat account along with the trading account is mandatory.
  • No extra charge for intraday or expiry positions closed by the broker.

More Disadvantages...

Reviews Useful articles about 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.

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.

This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.

Enquire ProstocksEnquire iTradeOnline

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