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 largest and most popular stock broker. It offers online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges ₹0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat ₹20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is ₹20 for an order (of any size, amount or segment). Zerodha Review 2020 Zero... 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 ₹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

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

  Zerodha Prostocks
Trading Account Opening Charges ₹200 ₹0
Trading Account AMC Charges ₹0 (Free) ₹0
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹300 ₹0 (Lifetime Zero AMC)
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Zerodha Vs Prostocks Brokerage Charges & Plans

Zerodha Vs Prostocks Brokerage

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

  Zerodha Prostocks
Account Type Flat Brokerage Plan Flat Rate Plan
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order or .03% whichever is lower ₹15
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower ₹15
Equity Options Brokerage ₹20 per executed order ₹15
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹15
Currency Options Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹15
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower NA
Commodity Options Trading Brokerage ₹20 per executed order or .03% whichever is lower NA
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the 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

Zerodha Vs Prostocks Brokerage Plan 2

  Zerodha Prostocks
Account Type Flat Brokerage Plan Unlimited Equity Trading Plan
Fixed Charges ₹899
Equity Delivery Brokerage ₹0 (Free) ₹0
Equity Intraday Brokerage ₹20 per executed order or .03% whichever is lower ₹0
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower ₹0
Equity Options Brokerage ₹20 per executed order ₹0
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower NA
Currency Options Trading Brokerage ₹20 per executed order or .03% whichever is lower NA
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower NA
Commodity Options Trading Brokerage ₹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 ₹499
Equity Delivery Brokerage ₹0 (Free) NA
Equity Intraday Brokerage ₹20 per executed order or .03% whichever is lower NA
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower NA
Equity Options Brokerage ₹20 per executed order NA
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹0
Currency Options Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹0
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower NA
Commodity Options Trading Brokerage ₹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 ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges ₹50 per executed order ₹0 (Free)
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Zerodha Vs Prostocks Transaction Charges

Zerodha transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium) while Prostocks exchange transaction charges for options is NSE: 0.050% | BSE: 0.0025%.

  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%) NSE: 0.0019% | BSE: 0.0005%
Equity Options NSE ₹5000 per Cr (0.05%) (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 ₹3500 per Cr (0.035%) | 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 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 3:10 PM 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 392 customer reviews whereas Prostocks is rated 3.3 of 5 based on 29 customer reviews.

  Zerodha Prostocks
  392 Customer Reviews    Rate Zerodha 29 Customer Reviews    Rate Prostocks
Fees 3.8 4.7
Trading Brokerage 4.3 4.4
Trading Platform Usability 3.6 3.0
Customer Service 3.4 3.3
Research Capabilities 2.6 4.0
Overall Ratings Rated 3.7 stars Rated 3.3 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 392 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 ₹20 Intra-day and F&O trades. Get the 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

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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
Enquire ZerodhaEnquire Prostocks
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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 ₹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 ₹899 unlimited equity and equity f&o trading and ₹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 ₹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 (₹10 per executed order) among all discount brokers. Other brokers charge minimum ₹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 ₹50 order.
  • Auto Square off is charged at extra ₹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 ₹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.

  • ₹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.

Enquire ZerodhaEnquire Prostocks

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