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Does the flat fee discount broker ProStocks make any profits by offering unlimited trading at ?899?

Prostocks Account Opening

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.

Yes, ProStocks makes decent profits even by offering low-cost brokerage services and free software. Here are some of the things to note:

  • No branches, no relationship manager, no research reports, no margin funding and no expensive advertisement keep the cost of operation in control.
  • Powerful online trading platform gives ProStocks an opportunity to grow faster. With every new client added, the cost goes down.
  • Focus on core brokerage business helps ProStocks to reduce risk.
  • Most customer on ProStocks trading platform are self-supporting do-it-yourself type of customers. They need least assistance from broker and thus the cost to maintain these customers are low.
  • Reduced brokerage allows traders to trade frequent which intern increase the volume.
  • Stock exchanges offer incentives to the brokers for high volumes as it increases liquidity in the markets.

 

Open Instant Account in 15 Minutes Open Instant Account - Start Trading Today

 



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