Zerodha Vs Prostocks (Compare Zerodha and Prostocks)

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


Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment). Ze... Know more about Zerodha


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

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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 , 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
Supported Exchnages NSE, BSE, MCX and NCDEX BSE, NSE
Account Type Flat Brokerage Plan Flat Rate Plan
Year of Incorporation 2010
Number of Branches 22 1
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.
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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. 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
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 Charges & Plans

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.

  Zerodha Prostocks
Account Type Flat Brokerage Plan Flat Rate Plan
Fixed Charges
Equity Delivery Brokerage Rs 0 (Free) Rs 0 (Free)
Equity Intraday Brokerage Rs 20 per executed order or .03% whichever is lower Rs 15
Equity Futures Brokerage Rs 20 per executed order or .03% whichever is lower Rs 15
Equity Options Brokerage Rs 20 per executed order Rs 15
Currency Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower Rs 15
Currency Options Trading Brokerage Rs 20 per executed order or .03% whichever is lower Rs 15
Commodity Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower NA
Commodity Options Trading Brokerage Rs 20 per executed order or .03% whichever is lower NA
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer
Special Offer: Get lifetime AMC free Demat Account with Rs 0 account opening fee. Rs 0 Brokerage on Equity Delivery. Flat Rs 15/trade for Intraday and F&O. Request a Callback

Zerodha Vs Prostocks Brokerage Plan 2

  Zerodha Prostocks
Account Type Flat Brokerage Plan Unlimited Equity Trading Plan
Fixed Charges Rs 899
Equity Delivery Brokerage Rs 0 (Free) Rs 0
Equity Intraday Brokerage Rs 20 per executed order or .03% whichever is lower Rs 0
Equity Futures Brokerage Rs 20 per executed order or .03% whichever is lower Rs 0
Equity Options Brokerage Rs 20 per executed order Rs 0
Currency Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower NA
Currency Options Trading Brokerage Rs 20 per executed order or .03% whichever is lower NA
Commodity Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower NA
Commodity Options Trading Brokerage Rs 20 per executed order or .03% whichever is lower NA
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Zerodha Vs Prostocks Brokerage Plan 3

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

Minimum Brokerage Charges 0.03% in Intraday and F&O Rs 0
Other Brokerage 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 5300 per Cr (0.053%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium).

  Zerodha Prostocks
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 200 per Cr (0.002%) NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
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%)
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Zerodha Vs Prostocks Leverage (Margin)

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

  Zerodha Prostocks
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 20x (based on the stock) 7x (Margin intraday sq off)
Equity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 2x
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
Commodity Options
Enquire ZerodhaEnquire Prostocks
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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, NSE NOW trading software.

  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) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Kite Web, Kite Mobile for Android/iOS and Coin ProStocks, NSE NOW
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
Other Features Direct Mutual Funds, APIs for Algo Trading
Referral Program Yes
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Zerodha Vs Prostocks Review

Zerodha is rated 3.7 of 5 based on 416 customer reviews whereas Prostocks is rated 3.3 of 5 based on 29 customer reviews.

  Zerodha Prostocks
  416 Customer Reviews    Rate Zerodha 29 Customer Reviews    Rate Prostocks
Fees 3.7 4.7
Trading Brokerage 4.3 4.4
Trading Platform Usability 3.6 3.0
Customer Service 3.4 3.3
Research Capabilities 2.7 4.0
Overall Ratings Rated 3.7 stars Rated 3.3 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 416 customer reviews Prostocks is rated 3.3 of 5 based on 29 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Enquire Prostocks Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer

Get lifetime AMC free Demat Account with Rs 0 account opening fee. Rs 0 Brokerage on Equity Delivery. Flat Rs 15/trade for Intraday and F&O. Request a Callback

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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) 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 Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes 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 - Pros and Cons

  Zerodha Prostocks
Pros
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms (Kite) available for free.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.03% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • Direct Mutual Fund Investment is available.
  • Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
  • Zerodha Referral Program offers 10% broekrage share to clients you refer.
  • Good Till Triggered (GTT) order are available. These are simillar to GTC orders.
  • 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
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra Rs 50 order.
  • Auto Square off is charged at extra Rs 50 order.
  • Doesn't offer 3-in-1 account.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer AMC Free Demat account.
Reviews Useful articles about ProStocks:
Promo / Offers

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat Rs 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.

  • Rs 0 Eq Delivery Brokerage and Flat Rs 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.

Enquire ZerodhaEnquire Prostocks

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