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Prostocks Stock Trading, Demat, Brokerage and Reviews 2020

120.75% 6,000 Clients

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 also offer ₹15 per trade pricing plan which is popular among casual investors and traders. ProStocks customer pay flat ₹15 per executed order irrespective to the size of the order in this plan.

ProStocks offers trading in equity delivery, equity intraday, equity derivatives (F&O) and currency derivatives (F&O) segments at BSE and NSE. The custom build trading platform offers convenient trading though installable trading terminal, website and mobile app; all at free of cost to all the customers. In addition they also provide NSE NOW trading platform.

The 2-in-1 account (Trading + Demat account) by ProStocks makes stock trading convenient for investors as all the transactions between trading and demat account are seemless.

ProStocks offers cheapest call & trade amount all other discount brokers. ProStocks offers trading through dealer at additional ₹10 per trade in comparison to most other brokers who charge ₹20 per trade extra for Call & Trade.

The lowest stamp duty paid by customers also make ProStocks attractive to frequent traders. They process and execute contract notes of the client resident outside Maharashtra at their registered office at Daman and charge them stamp duty at the rates applicable in the Union Territory of Daman and Diu which is maximum of ₹50 per day.

Special Offer: Get Free Trading + Demat Account for limited time. Trade unlimited for ₹899 or ₹15/trade. Request a Callback

Prostocks Ratings

Overall Rating	3.3/5
Fees	4.7/5
Brokerage	4.4/5
Usability	2.9/5
Customer Service	3.3/5
Research Capabilities	3.0/5

Based on 28 Votes by Prostocks Customers

Do you trade with Prostocks? Rate Prostocks

Information about Prostocks account opening, Prostocks open account, Prostocks opening charges, Prostocks account opening charges, Prostocks account opening status, Prostocks amc charges, Prostocks account charges, Prostocks account closure

Prostocks's Trading Platforms

ProStocks offers 3 trading applications to cater all kind of stock market investors. All trading apps are available free to all its customers.

ProStocks Desktop

An installable trading terminal, ProStocks Desktop is designed for frequent traders who need professional trading tools, tick by tick intra-day charts, live streaming, multiple markets & segments in same window, quick and easy order entry and execution.

This extremely powerful yet simple trading terminal is designed and tested by dealers. The same terminal is used by ProStocks Dealers who executes 100's of call & trade orders each day.
ProStocks Web

A browser based stock trading website, ProStocks Web is designed for casual investors and traders. The website is platform independent and accessible through any web browser and from any computer connected to internet.

The easy to use website has all critical features an investor need to trade in stock market. The website gives real time access to market data with live quotes, news and accesses to multiple markets and segments.
ProStocks Mobile

A mobile trading app, ProStocks Mobile is designed for people who trade on the go. Compatible to Android and Apple devices, ProStocks mobile is a secure, simple and a powerful trading app.

Read Prostocks Trading Software Review for info about Prostocks platform, Prostocks trading platform, Prostocks trading software, Prostocks trading demo, Prostocks Demo, Prostocks download, Prostocks software download, Prostocks software, Prostocks stop loss, Prostocks trading and Prostocks trading account.

Account Types

The Unlimited Trading Plan (₹899 per Month)
ProStocks offer monthly and yearly unlimited trading plans in equity cash, equity derivatives and currency derivatives segment. For a small fixed monthly fee (₹899 for equity and ₹499 for currency), clients can trade unlimited times without worrying about the brokerage bills.

The breakeven point in this plan is so low that customer can make money in the narrow price movement.

Yearly unlimited trading plans are also available at ₹8999 for equity and ₹4999 for currency trading.
Flat Fee Trading Plan (₹15 Per Trade)
ProStocks flat ₹15 per trade trading plan is suitable for both casual investors and frequent trader in India share market. Irrespective to the size of trade, customer pay just ₹15 per executed order. Trading is available in all segments at BSE and NSE for one same rate.

Prostocks Special Offers

Trade unlimited for ₹899 per month or ₹15 per trade +
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.

Prostocks Brokerage Charges 2020

ProStocks Trading Account Opening Charges: ₹0
ProStocks Demat Account Opening Fee: ₹0
Trading Annual Maintenance Charges (AMC): ₹0
Demat Account Annual Maintenance Charges (AMC): ₹0 (with ₹1000 one time refundable deposit)

ProStocks Trading Brokerage Charges

Equity Delivery Trading Brokerage: ₹15/trade (Flat Fee Plan) or ₹0/trade (Unlimited Trading Plan)
Equity Intraday Trading Brokerage: ₹15/trade (Flat Fee Plan) or ₹0/trade (Unlimited Trading Plan)
Equity Future Trading Brokerage: ₹15/trade (Flat Fee Plan) or ₹0/trade (Unlimited Trading Plan)
Equity Options Trading Brokerage: ₹15/trade (Flat Fee Plan) or ₹0/trade (Unlimited Trading Plan)
Currency Futures Trading Brokerage: ₹15/trade (Flat Fee Plan) or ₹0/trade (Unlimited Trading Plan)
Currency Options Trading Brokerage: ₹15/trade (Flat Fee Plan) or ₹0/trade (Unlimited Trading Plan)

ProStocks Charges in Detail

ProStocks Charges	Equity Delivery	Equity Intraday
Brokerage (Flat Fee Plan)	₹15/Trade	₹15/Trade
Brokerage (Unlimited Plan)	₹0	₹0
STT	0.1% on both Buy and Sell	0.025% on the Sell Side
Transaction Charges	NSE: ₹325/Cr \| BSE: ₹275/Cr	NSE: ₹325/Cr \| BSE: ₹275/Cr
Goods and Services Tax (GST)	18% on (Brokerage + Transaction Charge)	18% on (Brokerage + Transaction Charge)
SEBI Charges	₹10/Crore	₹10/Crore
Stamp Charges*	0.01% (Max ₹50 per day)	0.01% (Max ₹50 per day)

ProStocks F&O Brokerage	Futures	Options
Brokerage (Flat Fee Plan)	₹15/Trade	₹15/Trade
Brokerage (Unlimited Plan)	₹0	₹0
STT	0.01% on Sell Side	0.05% on Sell Side(on Premium)
Transaction Charges	NSE: ₹190/Cr \| BSE: ₹50/Cr	NSE: ₹5000/Cr \| BSE: ₹2500/Cr
Goods and Services Tax (GST)	18% on (Brokerage + Transaction Charge)	18% on (Brokerage + Transaction Charge)
SEBI Charges	₹10/Crore	₹10/Crore
Stamp Charges*	0.01% (Max ₹50 per day)	0.01% (Max ₹50 per day)

ProStocks Charges	Currency Futures	Currency Options
Brokerage (Flat Fee Plan)	₹15/Trade	₹15/Trade
Brokerage (Unlimited Plan)	₹0	₹0
STT	No STT	No STT
Transaction Charges	NSE: ₹110/Cr \| BSE: ₹10/Cr	NSE: ₹4000/Cr \| BSE: ₹10/Cr
Goods and Services Tax (GST)	18% on (Brokerage + Transaction Charge)	18% on (Brokerage + Transaction Charge)
SEBI Charges	₹10/Crore	₹10/Crore
Stamp Charges*	0.01% (Max ₹50 per day)	0.01% (Max ₹50 per day)

ProStocks Fee Structure:

STT: This is charged only on the sell side for intraday and F&O trades. It is charged on both sides for equity delivery trades.
Stamp Duty for all states in India and NRIs: * Except customers from Maharashtra, all customers pay stamp duty of Union Territory of Daman and Diu which is 0.01% (Max ₹50 per day).
Goods and Services Tax (GST): This is charged at 18% of the total cost of brokerage plus transaction charges.
SEBI Charges: This is charged at ₹10 per Crore.

Other Charges:

Call&Trade: ₹10 per executed order. Note that this is lowest among discount brokers.
Digital contract notes are sent through email only. Physical copies of contract notes can be ordered at additional charge of ₹50 per contract. Courier charges are extra.
Instant payment gateway charges for over 22 banks - ₹9 per fund transfer.
DP charges for delivery based equity selling - ₹8 per transaction.
Standard NSE charges, transaction charges and statutory levies are charged as shown in above table.

ProStocks Demat Account Charges:

ProStocks also offe₹Demat account (DP services) to its customers. ProStocks demat charges:

ID	Transaction	Charges
1	Demat Account Opening Charges	₹0
2	Stamp Charges payable Profront (at actuals)	₹50
3	Annual Maintenance Charges (AMC):
	a. Individuals	₹0 Per Year (with ₹1000 refundable deposit)
	b. Corporates	₹0 Per Year (with ₹1000 refundable deposit)
4	Transaction Charges per ISIN (Market Trades):
	a. Buy (Receive)	₹0
	b. Sell(Debit)	₹8 + ₹5.50 flat for every debit transaction
5	Inter Depository Transfer (Off-Market Trades):
	a. Buy (Receive)	NIL
	b. Sell(Debit)	0.02% or ₹20 whichever is higher
6	Demat (Per certificate)	₹50
7	Remat (Per ISIN)	₹50
8	Courier charges per Demat/ Remat request	₹50
9	Pledge per ISIN	₹50
10	Unpledge per ISIN	₹50
11	Pledge Invocation per ISIN	₹50
12	Periodic Statement:
	a. By Email	Free
	b. Physical	₹50 (Couier Charges)
13	Adhoc / Non Periodic Statement Requests:
	a. By Email	₹10 per request
	b. Physical	₹50 per request (up to 10 pages). Additional page at ₹5 + ₹50 (Couier Charges)
14	Delivery Instructions:
	a. First Delivery Instruction Book	Free (10 leaves)
	b. Every Additional Booklet	₹100 (10 leaves)
15	Cheque Bounce/ Per cheque	₹250
16	Failed Transactions	₹50 per transaction
17	Modification in CML	₹25 per request
18	KRA Upload / Download	₹50

Check out Prostocks Brokerage Charges, Fees, AMC, Transaction Charges. Get detail about Prostocks pricing, Prostocks brokerage calculater, Prostocks brokerage, Prostocks plans, Prostocks brokerage review, Prostocks brokerage plans, Prostocks fund transfer, Prostocks intraday brokerage, Prostocks charges, Prostocks charge list, Prostocks charges calculator, Prostocks prepaid brokerage plans, Prostocks yearly charges, Prostocks fees, Prostocks yearly maintenance charge, Prostocks option brokerage and Prostocks trading charges.

How to open account with Prostocks?

ProStocks is among the very few brokers who offer 100% online account opening. With PAN Number and Aadhar card with you, you can open an account in just few minutes. There is no PDF download, Print forms, signing paper and courier it to the broker.

Click here to open an account with ProStocks online.

Read Prostocks Account Opening Process Review to find information about Prostocks broker, Prostocks branches, Prostocks sub broker, Prostocks support, Prostocks customer care, Prostocks user reviews, Prostocks user manual, Prostocks website, Prostocks review and Prostocks toll free number

Contact Prostocks / Request Call Back

Get Free Trading + Demat Account for limited time. Trade unlimited for ₹899 or ₹15/trade. Request a Callback

Prostocks Pros and Cons

Prostocks Advantages

Monthly Trading Plan - The ₹899 Equity & Equity F&O and ₹499 Currency monthly plans are among the cheapest in Indian brokerage industry. It literally offers unlimited trading in a month. ₹15/trade plans fits well for casual stock market investors.
Lowest Stamp Duty - Customers (except from Maharashtra) pays stamp duty of 0.01% (max ₹50 per day). This offers great savings to frequent traders.
Lowest Transaction Charges - They charge lowest transaction change (guaranteed) as they do not include PCM Fee to it unlike most other flat rate brokers including Zerodha and RKSV.
ProStocks Call & Trade is lowest among discount brokerage industry. They charge ₹10 per executed order. The competitors including Zerodha and RKSV charges ₹20 per trade.
ProStocks offers 2-in-1 account (Demat + Trading Account). The 2-in-1 account offers seamless transactions between these 2 accounts.
Demat Account AMC - The Demat account comes with ₹0 AMC when you pay one time refundable deposit of ₹1000. Other broker charges ₹600 to ₹1000 AMC everywhere.
Trading Platform - ProStocks trading platform is among the best in the industry. The website, terminal and mobile app are all free and fully functional trading apps.
Customer Service - As per the response from most customer, ProStocks has exceptionally well customer service.
Referral Service - ProStocks offer 10% brokerage referral for customer referred by the client.
24x7 customer service though Advance Interactive voice response(IVR).
ProStocks doesn't have Prop Trading. This means your money is safe with them

Prostocks Disadvantages

No 3-in-1 Account - ProStocks doesn't offer 3-in-1 account as they do not offer banking services. They offer trading and demat account.
No Commodity Trading - ProStocks has not yet launched commodity trading. Broker says they have plans to offer the commodity trading in near future.

Prostocks Exposure Margin

Prostocks leverage for intraday, delivery, options, currency and commodities. Read Prostocks exposure limit review.

Segment	Exposure Margin
Equity Delivery	1x (no margin)
Equity Intraday	7x (Margin intraday sq off)
Equity Future	2x
Equity Options	1x (no margin)
Currency Future	1.5x
Currency Options	1x (no margin)
Commodity Future
Commodity Options

Prostocks Complaints received at BSE/NSE

Number of customer complained against Prostocks share broker. The Prostocks consumer complaints provide the summary of grievance which went to exchange for resolution.

Prostocks Customer Complaints

Exchange	Financial Year	Number of Clients *	Total Complaints **
NSE	2019-20	6,000	0
BSE	2018-19	550	1
NSE	2018-19	2,718	1
NSE	2017-18	2,393	2
NSE	2016-17	664	1

* Number of active customers. As per SEBI guidelines each broker reports the detail of active clients to the exchange through unique client code (ucc) process every month.

** The total number of complaint received against the broker at the given exchange.

Read detail report about Prostocks Complaints at BSE, NSE and MCX
Broker complaints in India - Year wise complaints received by exchange

ProStocks Membership Information:

ProStocks is a registered stock broker and a depository participant. ProStocks is member of BSE and NSE. ProStocks SEBI registered a Trading Member and Demat Account service provider.

ProStocks NSE Member ID: 6635
ProStocks BSE Member ID: 90084
SEBI Trading Member Regn. No.: INZ000048660
SEBI DP Registration Number (CSDL): IN-DP-280-2016

61 Comments

61. Sanjeev Feb 1, 2020 15:09

User experience is very bad. No pin based login in app and always prompt for change password.
Not satisfied with website usability.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Above Average
Overall Experience - Below Average

60. Sanaya Thakur Dec 16, 2019 22:22

Good experience.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Above Average
Overall Experience - Above Average

59. Sanaya Nov 24, 2019 12:06

Prostocks have been a good experience.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Above Average

58. Satheesh Aug 28, 2019 12:37

I strongly recommend for prostocks for their services, very low broking cost, good customer support, good trading platform,user friendly backoffice, stampduty is max 50Rs only , even we belong to the state charging 0.006%, no stockbrokers in India give this verylow cost with good services, because I experienced many stockbrokers, Traders and investors save lot money comparing other brokers

57. Ramdas Lad Aug 19, 2019 11:12

Rectification. Chart is available but couldn't follow due to lack of operating knowledge. I am trading with Prostocks since last two years and experience and found that the people/staff members are very polite, co-operative. Specially S/Shri Vijay, Jagannath, Gajanan and all. Thanks to Prostocks for saving my huge amount of brokerage by the way of monthly scheme of unlimited reading. Wish them all the Best.

56. RAMDAS LAD Aug 19, 2019 04:09

When will you update trading platform with detailed charts as existing one is insufficient.

55. Subhas Sep 5, 2018 02:17

How do I transfer the money to dmat/trading account from my bank a/c and how do I transfer money from dmat/trading a/c to my bank a/c. Is there any option in mobile app to do the above

55.1. Leelamani Jan 31, 2019 17:47

Mai apne bank account se Demat or trading account mein paise Kaise transfer karunga kya Suvidha mobile app mein hai

54. SREEKANT HEBALKAR Oct 15, 2018 20:50

Overall experience above average due to seamless n smooth dealing experience.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Above Average

53. Uttam Sep 2, 2018 09:35

What about margin? Intra day or delivery both.

52. Skb Jul 25, 2018 11:00

Is there your agent in Pune.please open account my in pune

51. Raj May 16, 2018 21:43

Simple, straightforward user platform, with lowest stamp duty, only discount tolerance offering g Daman stamp duty for l non Mumbai residents,.Hardky any frills offered, voluminous traders can choose between fixed monthly or yearly plan with unlimited trade, with brokerage locked in upfront.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Average
Overall Experience - Above Average

50. Sanjay Baheti Jan 19, 2018 23:28

Can I open a new trading account and link my existing demat account (with ICICI Bank) to the trading account?

50.1. ProStocks May 2, 2018 11:14

Yes . You can . However you can sell delivery only once shares are available in your Demat Account with ProStocks . Demat Account opening is Free . Trading and Demat Account is life time AMC free , as such you do not have any cost for opening new account. You can transfer only those shares from your ICICI Bank Demat account to your ProStocks Demat Account just before you want to sell . whenever you buy , You have an option to take payout directly in your ICICI Demat Account .

49. Dinesh Apr 2, 2018 23:06

Good brokerage, but their trading platform can be improved.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Above Average

49.1. ProStocks May 2, 2018 11:04

Our Desktop Trading Application is comparable with Industry Leading Platform. We will release our new Mobile App in 2 weeks time with lot of improvement . We will keep doing improvement.

48. Suhas Nov 10, 2017 14:19

Excellent customer support was there during the opening. Also they provided trading demo for platform. Brokerage is less as compared to others.
After few months the trading platform became really unusable as it don''t show any detailed charts and as I tried to get the customer support it was horrible , "our team are working on the platform" was the reply , its now 3months still the charts problem haven''t rectified also the trading platform is below average and separate application or an website which opens only in internet explorer needs to check the mtm &profit/loss.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average

47. Kedar Nath Agrawal Oct 31, 2017 21:43

Kindly Reply me as under point to point:
(1) What is the safety of Client. All the Money in the shape of Ledger Credit and Rest in
your DP/D-mat company. If you disappear on line then where I will search you, and who
will pay our losses and up-to which limit per client.

(2) What is your registered office address and who is the promoter/chairman of the company.Tell me his name and company corporate and registered office address with email id and phone numbers.

(3) Do Not offer Banking Service means ? Do you not provide online Transfer of fund
directly from client account and from your account to client account and how much it
takes time after making request of withdrawal.

(4) D-mat account offers seamless trading between the 2 accounts meaning ?
Does it means if delivery is in your D-mat account then No DP per trade will be
charged ? or charged ? if so then what ? wants to write more but place is over ?

46. Suhas Oct 27, 2017 14:48

Trading platform is the worst ever. No detailed charts, login issues, backoffice not user friendly.
However brokerage is less

Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Below Average

45. GMR Oct 12, 2017 14:30

Hi Team,

Please let me know if I can buy/sell SME shares from Prostocks.

44. GMR Oct 12, 2017 14:11

Hi Team,

Do you have option to buy/sell SME shares.

43. Dr Vijayabhaskar Oct 8, 2017 21:02

Dear Prostocks Team,
Is facility available for online transfer of money from trading account to client''s account?

42. Inder wadhera Oct 2, 2017 05:08

which software you provide
NRI can open account without adhar card?

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