Chittorgarh.com
Free Trading + Demat Account

Upstox Vs ProStocks (Compare Upstox and ProStocks)

The side-by-side comparison of Upstox and ProStocks. Compare Upstox Vs ProStocks brokerage, charges, exposure margin, demat account. Read ProStocks and Upstox review.

Find out Upstox Vs ProStocks which is better and Upstox Vs ProStocks which is best.

Our Upstox comparison with ProStocks highlights the major differences between two brokers. Find the best between Upstox and ProStocks.

Expand

Upstox Vs ProStocks

  Upstox ProStocks
 
Upstox Logo ProStocks Logo
About the Broker Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro ... Know more about Upstox 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 ... Know more about ProStocks
Type of Broker Discount Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE
Account Type Upstox Basic Flat Fee Plan
Broker Enquiry Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you. Open an Online Trading Account with ProStocks. Leave your contact info and we will get in touch with you.
Year of Incorporation 2012
Number of Branches 4
Expand

Upstox Vs ProStocks Charges

  Upstox ProStocks
Trading Account Opening Fees ₹150 (Eq and F&O), ₹150 (MCX) ₹0
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹150 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
Expand

Upstox Vs ProStocks Brokerage

Brokerage Plan 1

  Upstox ProStocks
Account Type Upstox Basic Flat Fee Plan
Fixed Charges ₹0
Equity Delivery Brokerage ₹0 ₹15
Equity Intraday Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹15
Equity Futures Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹15
Equity Options Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹15
Currency Futures Trading Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹15
Currency Options Trading Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹15
Commodity Futures Trading Brokerage ₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage

Brokerage Plan 2

  Upstox ProStocks
Account Type Upstox Priority Monthly Unlimited Equity
Fixed Charges ₹0 ₹899
Equity Delivery Brokerage ₹0 ₹0
Equity Intraday Brokerage ₹30 per trade or 0.05% (whichever is lower) ₹0
Equity Futures Brokerage ₹30 per trade or 0.05% (whichever is lower) ₹0
Equity Options Brokerage ₹30 per trade or 0.05% (whichever is lower) ₹0
Currency Futures Trading Brokerage ₹30 per trade or 0.05% (whichever is lower)
Currency Options Trading Brokerage ₹30 per trade or 0.05% (whichever is lower)
Commodity Futures Trading Brokerage ₹30 per trade or 0.05% (whichever is lower)
Commodity Options Trading Brokerage

Brokerage Plan 3

  Upstox ProStocks
Account Type Upstox Basic Monthly Unlimited Currency
Fixed Charges ₹0 ₹499
Equity Delivery Brokerage ₹0
Equity Intraday Brokerage ₹20 per trade or 0.01% (whichever is lower)
Equity Futures Brokerage ₹20 per trade or 0.01% (whichever is lower)
Equity Options Brokerage ₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹0
Currency Options Trading Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹0
Commodity Futures Trading Brokerage ₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹0
Other Brokerage Charges
Call & Trade Charges ₹20 per trade
Expand

Upstox Vs ProStocks Taxes

  Upstox ProStocks
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
Expand

Upstox Vs ProStocks Transaction Charges

  Upstox ProStocks
Equity Delivery NSE ₹325 | BSE ₹275 NSE: 0.00325% | BSE: 0.00275%
Equity Intraday NSE ₹325 | BSE ₹275 NSE: 0.00325% | BSE: 0.00275%
Equity Futures NSE ₹210 NSE: 0.0019% | BSE: 0.0005%
Equity Options NSE ₹5500 NSE: 0.050% | BSE: 0.0025%
Currency Futures ₹150 NSE: 0.0011% | BSE: 0.0001%
Currency Options ₹6000 NSE: 0.040% | BSE: 0.0001%
Commodity MCX ₹260/Cr
Expand

Upstox Vs ProStocks Exposure Margin

  Upstox ProStocks
Equity Delivery 2.5x 1x (no margin)
Equity Intraday Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x 7x (Margin intraday sq off) | 10x (Cover Order)
Equity Futures Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x 1.5x
Equity Options Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x 1x (no margin)
Currency Futures Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x 1.5x
Currency Options Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x 1x (no margin)
Commodity Futures Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x NA
Commodity Options
Expand

Upstox and ProStocks Feature Comparison

  Upstox ProStocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola ProStocks, NSE NOW
Intraday Square-off Time 3:15 PM Equity 3:15 PM | Curr: 4:45 PM
Other Features Option strategy builder
Referral Program Yes
Expand

Upstox Vs ProStocks Review

  Upstox ProStocks
  50 Customer Reviews    Rate Upstox 25 Customer Reviews    Rate ProStocks
Fees Ratings 3.7 4.6
Trading Brokerage Rating 3.6 4.4
Trading Platform Usability 2.8 2.9
Customer Service Ratings 2.4 3.2
Overall Ratings Rated 2.5 stars Rated 3.3 stars
Broker Rating Upstox is Rated 2.5 / 5 based on 50 customer reviews ProStocks is Rated 3.3 / 5 based on 25 customer reviews
Expand

Contact Broker / Request A Call Back

  Upstox ProStocks
Contact / Request Call Back
Expand

Upstox Vs ProStocks Investment Options

  Upstox ProStocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds No No
Bond / NCD No No
Debt No No
Other Investment Options
Expand

Upstox Vs ProStocks Customer Service

  Upstox ProStocks
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No No
Expand

Upstox Vs ProStocks Order Type Offered

  Upstox ProStocks
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
Expand

Upstox Vs ProStocks Research Report

  Upstox ProStocks
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
Expand

Upstox Vs ProStocks Suitable For Investor Type

  Upstox ProStocks
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
Expand

Upstox Vs ProStocks - Advantages and Disadvantages

  Upstox ProStocks
Pros
  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.

More Advantages...

  • 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...

Cons
  • No margin funding.
  • No equity 'good till cancelled' orders.
  • Unlimited monthly plans not available.
  • Additional fee for call & trader.
  • Additional fee for square off done by the broker.
  • Higher demat debit transaction charges.
  • Online IPO, FPO, Bonds and NCD's are not available.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.

More Disadvantages...

More Disadvantages...

Reviews Useful articles about Upstox: Useful articles about ProStocks:
Promo / Offers

Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019

Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.

Request Callback

Free Trading + Demat Account

ProStocks offer FREE Trading + Demat Account. You can trade unlimited in equity & equity f&o segment for ₹899/month or choose ₹15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer ₹0 Demat AMC with one time ₹1000 refundable deposit.

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

Enquire about Upstox Enquire about ProStocks
Compare More Brokers



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App