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Zerodha Vs ProStocks (Compare Zerodha and ProStocks)

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

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

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

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Zerodha Vs ProStocks

  Zerodha ProStocks
 
Zerodha Logo ProStocks Logo
About the Broker Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed... Know more about Zerodha 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 NSE, BSE, MCX and NCDEX BSE, NSE
Account Type Standard Plan Flat Fee Plan
Broker Enquiry Open an Online Trading Account with Zerodha. 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 2010
Number of Branches 22
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Zerodha Vs ProStocks Charges

  Zerodha ProStocks
Trading Account Opening Fees ₹300 ₹0
Trading Account AMC ₹0 (Free) ₹0
Demat Account Opening Fees ₹100 ₹0
Demat Account AMC ₹300 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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Zerodha Vs ProStocks Brokerage

Brokerage Plan 1

  Zerodha ProStocks
Account Type Standard Plan Flat Fee Plan
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) ₹15
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower ₹15
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower ₹15
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹15
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹15
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹15
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower

Brokerage Plan 2

  Zerodha ProStocks
Account Type Standard Plan Monthly Unlimited Equity
Fixed Charges ₹899
Equity Delivery Brokerage ₹0 (Free) ₹0
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower

Brokerage Plan 3

  Zerodha ProStocks
Account Type Standard Plan Monthly Unlimited Currency
Fixed Charges ₹499
Equity Delivery Brokerage ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower

Other Charges

Minimum Brokerage Charges ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges ₹20 per executed order
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Zerodha Vs ProStocks Taxes

  Zerodha 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.
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Zerodha Vs ProStocks Transaction Charges

  Zerodha ProStocks
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) NSE: 0.00325% | BSE: 0.00275%
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) NSE: 0.00325% | BSE: 0.00275%
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side) NSE: 0.0019% | BSE: 0.0005%
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium) NSE: 0.050% | BSE: 0.0025%
Currency Futures NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%) NSE: 0.0011% | BSE: 0.0001%
Currency Options NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium) NSE: 0.040% | BSE: 0.0001%
Commodity Group A - ₹260 per Cr (0.0026%)
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Zerodha Vs ProStocks Exposure Margin

  Zerodha ProStocks
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 20x (based on the stock) 7x (Margin intraday sq off) | 10x (Cover Order)
Equity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1.5x
Equity Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1x (no margin)
Currency Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1.5x
Currency Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1x (no margin)
Commodity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span NA
Commodity Options
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Zerodha and ProStocks Feature Comparison

  Zerodha ProStocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes 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 Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile ProStocks, NSE NOW
Intraday Square-off Time 3:10 PM Equity 3:15 PM | Curr: 4:45 PM
Other Features Direct Mutual Funds, APIs
Referral Program Yes
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Zerodha Vs ProStocks Review

  Zerodha ProStocks
  347 Customer Reviews    Rate Zerodha 25 Customer Reviews    Rate ProStocks
Fees Ratings 3.8 4.6
Trading Brokerage Rating 4.4 4.4
Trading Platform Usability 3.6 2.9
Customer Service Ratings 3.5 3.2
Overall Ratings Rated 3.8 stars Rated 3.3 stars
Broker Rating Zerodha is Rated 3.8 / 5 based on 347 customer reviews ProStocks is Rated 3.3 / 5 based on 25 customer reviews
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Contact Broker / Request A Call Back

  Zerodha ProStocks
Contact / Request Call Back
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Zerodha Vs ProStocks Investment Options

  Zerodha ProStocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds Yes No
Bond / NCD No No
Debt No No
Other Investment Options
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Zerodha Vs ProStocks Customer Service

  Zerodha ProStocks
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No No
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Zerodha Vs ProStocks Order Type Offered

  Zerodha 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
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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
Active Investor Yes Yes
Trader Yes Yes
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Zerodha Vs ProStocks - Advantages and Disadvantages

  Zerodha ProStocks
Pros
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms made available for free to all its customers.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • 10% referral credit for reffering new customers.
  • Direct Mutual Fund Investment is available.
  • Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.

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
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra Rs 20 order.
  • Doesn't provide options to invest in IPO, Bond and NCD's public offers.
  • Margin funding is not available.
  • GTC/GTD not available in Equity.

More Disadvantages...

More Disadvantages...

Reviews Useful Articles about Zerodha: Useful articles about ProStocks:
Promo / Offers

Truly free equity delivery trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

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 Zerodha Enquire about ProStocks
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