Explain ProStocks ?15 per trade plan?

In this plan, you pay flat rate Rs 15 brokerage per executed order irrespective to the size of the order. For example, when you buy 1000 shares of Rs 100 each share; you brokerage is charged at flat Rs 15.

The similar transaction with ICICIDirect or Sharekhan would cost you Rs 500 in brokerage (at 0.50%). This example shows saving of 97%, just on brokerage itself. You save further on the taxes which are paid on brokerage.

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