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Zerodha Vs Prostocks (Compare Zerodha and Prostocks)

Zerodha Logo

About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde... Know more about Zerodha

Prostocks Logo

About 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 pl... Know more about Prostocks

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Zerodha Vs Prostocks

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  Zerodha Prostocks
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE, MCX and NCDEX BSE, NSE
Year of Incorporation 2010 2016
Number of Branches 22 1
Open Zerodha AccountOpen Prostocks Account

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Zerodha Vs Prostocks Charges & AMC

Zerodha trading account opening charges is Rs 200 while Prostocks account opening changes is Rs 0 (Free). Zerodha Demat Account AMC Charges is Rs 300 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  Zerodha Prostocks
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 0 (Lifetime Zero AMC)

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Zerodha Vs Prostocks Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type Zerodha Flat Brokerage Plan Prostocks Flat Rate Plan
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 15 per executed order
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 15 per executed order
Equity Options Rs 20 per executed order Rs 15 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 15 per executed order
Currency Options Rs 20 per executed order Rs 15 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower NA
Commodity Options Rs 20 per executed order NA
Special Offer
Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
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.

Zerodha Vs Prostocks Brokerage Plan 2

  Zerodha Prostocks
Account Type Flat Brokerage Plan Unlimited Equity Trading Plan
Fixed Charges Rs 899
Equity Delivery Rs 0 (Free) Rs 0
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 0
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 0
Equity Options Rs 20 per executed order Rs 0
Currency Futures Rs 20 per executed order or .03% whichever is lower NA
Currency Options Rs 20 per executed order NA
Commodity Futures Rs 20 per executed order or .03% whichever is lower NA
Commodity Options Rs 20 per executed order NA
Open Zerodha AccountOpen Prostocks Account

Zerodha Vs Prostocks Brokerage Plan 3

  Zerodha Prostocks
Account Type Flat Brokerage Plan Unlimited Currency Trading Plan
Fixed Charges Rs 499
Equity Delivery Rs 0 (Free) NA
Equity Intraday Rs 20 per executed order or .03% whichever is lower NA
Equity Futures Rs 20 per executed order or .03% whichever is lower NA
Equity Options Rs 20 per executed order NA
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 0
Currency Options Rs 20 per executed order Rs 0
Commodity Futures Rs 20 per executed order or .03% whichever is lower NA
Commodity Options Rs 20 per executed order NA
Open Zerodha AccountOpen Prostocks Account

Zerodha Charges Vs Prostocks

Minimum Brokerage 0.03% in Intraday and F&O Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges Rs 50 per executed order Rs 0 (Free)

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Zerodha Vs Prostocks Transaction Charges

Zerodha transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Zerodha Prostocks
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%)
Open Zerodha AccountOpen Prostocks Account

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Zerodha Vs Prostocks Leverage (Margin)

Zerodha margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Prostocks margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Zerodha Prostocks
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Zerodha AccountOpen Prostocks Account

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Compare Zerodha and Prostocks Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

  Zerodha Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Kite Web, Kite Mobile for Android/iOS and Coin ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close Equity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed? Yes Yes
Referral Program Yes Yes
Other Features Direct Mutual Funds, APIs for Algo Trading
Open Zerodha AccountOpen Prostocks Account

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Zerodha Vs Prostocks Review

Zerodha is rated 3.7 of 5 based on 476 customer reviews whereas Prostocks is rated 3.3 of 5 based on 41 customer reviews.

  Zerodha Prostocks
  476 Customer Reviews    Rate Zerodha 41 Customer Reviews    Rate Prostocks
Fees 3.7 4.6
Brokerage 4.2 4.2
Trading Platform 3.6 2.9
Customer Service 3.4 3.2
Research Capabilities 2.8 2.0
Overall Ratings Rated 3.7 stars Rated 3.3 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 476 customer reviews Prostocks is rated 3.3 of 5 based on 41 customer reviews

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Contact Broker / Request A Call Back

  Zerodha Enquire Prostocks Enquire
Contact Broker Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today. 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.

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Zerodha Vs Prostocks Investment Options

  Zerodha Prostocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options

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Zerodha Vs Prostocks Order Type Offered

  Zerodha Prostocks
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Open Zerodha AccountOpen Prostocks Account

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Zerodha Vs Prostocks Research Report

  Zerodha Prostocks
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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Zerodha Vs Prostocks Suitable For Investor Type

  Zerodha Prostocks
Casual Investor Yes Yes
Active Investor Yes Yes
Trader Yes Yes

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Zerodha Vs Prostocks - Pros and Cons

  Zerodha Prostocks
Pros
  • India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
  • 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).
Cons
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
Reviews

ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market.

ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds.

The Top 10 Reasons to Trade with ProStocks

Promo / Offers

Zerodha Special Offer

Free stock trading and mutual funds

  • Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment + +
  • Trade with the best trading platform in India.

This is a limited time offer. Open an instant Zerodha account online and start trading today.

Prostocks Special Offer

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 algo trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

Open Zerodha AccountOpen Prostocks Account

1 Comments

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