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Prostocks Stock Trading, Demat, Brokerage and Reviews 2024


6,651 Clients

Prostocks Account Opening Enquiry

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.

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.

ProStocks also offer Rs 15 per trade pricing plan which is popular among casual investors and traders. ProStocks customer pay flat Rs 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 Rs 10 per trade in comparison to most other brokers who charge Rs 20 per trade extra for Call & Trade.

Prostocks Special Offer

Unlimited Monthly Trading @ Rs 899

  • Monthly unlimited trading plan @ Rs 899.
  • Or Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • API for algo trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.


Account Types

  1. The Unlimited Trading Plan (Rs 899 per Month)

    ProStocks offers monthly and yearly unlimited trading plans in equity cash, equity derivatives and currency derivatives segments. For a small fixed monthly fee (Rs 899 for equity and Rs 499 for currency), clients can trade unlimited times without worrying about brokerage bills.

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

    Yearly unlimited trading plans are also available at Rs 8999 for equity and Rs 4999 for currency trading.

  2. Flat Fee Trading Plan (Rs 15 Per Trade)

    ProStocks flat Rs 15 per trade trading plan is suitable for both casual investors and frequent traders in the India share market. Irrespective of the size of the trade, customers pay just Rs 15 per executed order. Trading is available in all segments at BSE and NSE for the same rate.


Prostocks Charges 2024

  • Trading Account Opening Charges: Rs 0 (Free)
  • Demat Account Opening Fee: Rs 0 (Free)
  • Demat Account AMC: Rs 0 (Free for lifetime with Rs 1000 onetime refundable deposit)

ProStocks Brokerage Charges

  • Equity Delivery : Rs 15/trade (Flat Fee Plan) or Rs 0/trade (Unlimited Trading Plan)
  • Equity Intraday and F&O: Rs 15/trade (Flat Fee Plan) or Rs 0/trade (Unlimited Trading Plan)
  • Currency F&O: Rs 15/trade (Flat Fee Plan) or Rs 0/trade (Unlimited Trading Plan)

Prostocks Equity Brokerage Charges

Prostocks offer brokerage free equity delivery trading (Rs 0 brokerage). They charge Rs 15 per trade brokerage for Equity Intra-day trades. In an unlimited trading plan (Rs 899 per month), Eq Intra-day trading is also brokerage free.

ProStocks Charges Equity Delivery Equity Intraday
Brokerage
(Flat Fee Plan)
Rs 0/Trade Rs 15/Trade
Brokerage
(Unlimited Plan)
Rs 0 Rs 0
STT 0.1% on both Buy and Sell 0.025% on the Sell Side
Transaction Charges NSE: Rs 335/Cr | BSE: Rs 375/Cr NSE: Rs 335/Cr | BSE: Rs 375/Cr
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges 0.0001% (Rs 10/Crore) 0.0001% (Rs 10/Crore)
Stamp Charges 0.015% (Rs 1500 per crore) 0.003% (Rs 300 per crore)

Prostocks F&O Brokerage Charges

Prostocks charge Rs 15 per trade brokerage for Equity F&O trades in flat fee plan. In an unlimited trading plan (Rs 899 per month), Equity F&O trading is brokerage free.

ProStocks F&O Brokerage Futures Options
Brokerage
(Flat Fee Plan)
Rs 15/Trade Rs 15/Trade
Brokerage
(Unlimited Plan)
Rs 0 Rs 0
STT 0.0125% on the sell side 0.0625% on sell side (on premium)
Transaction Charges NSE: Rs 200/Cr NSE: Rs 5050/Cr
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges 0.0001% (Rs 10/Crore)0.0001% (Rs 10/Crore)
Stamp Charges 0.002% (Rs 200 per crore) 0.003% (Rs 300 per crore)

Prostocks Currency F&O Brokerage

In flat fee plan, Prostocks charge Rs 15 per trade brokerage for Currency F&O trades. In an unlimited trading plan (Rs 499 per month), Currency F&O trading is brokerage free.

ProStocks Charges Currency Futures Currency Options
Brokerage
(Flat Fee Plan)
Rs 15/Trade Rs 15/Trade
Brokerage
(Unlimited Plan)
Rs 0 Rs 0
STT No STT No STT
Transaction Charges NSE: Rs 90/Cr | BSE: Rs 25/Cr NSE: Rs 4000/Cr | BSE: Rs 100/Cr
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges 0.0001% (Rs 10/Crore)0.0001% (Rs 10/Crore)
Stamp Charges 0.0001% (Rs 10 per crore) on buy-side 0.0001% (Rs 10 per crore) on buy-side

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: A government tax in India on trading in stocks, currency derivatives and commodities. For Equity Delivery its 0.015% (Rs 1500 per crore) and for Equity Intraday it is 0.003% (Rs 300 per crore).
  • 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 Rs 10 per Crore.

Other Charges:

  1. Call & Trade: Intraday and F&O - Rs 10 per trade. Delivery - Rs 25 per trade.
  2. Instant payment gateway charges for over 22 banks - Rs 9 per fund transfer.
  3. DP charges for delivery based equity (sell transaction only) - Rs 20 flat for every debit transaction.
  4. Standard NSE charges, transaction charges and statutory levies are charged as shown in above table.

Visit Prostocks Brokerage Charges Review for more detail.

Special Offer: 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.

Prostocks Online Account Opening

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.


Prostocks Trading Software (Prostocks Trading Platforms)

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

  1. 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 the same window, and 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 execute hundreds of call & trade orders each day.

  2. 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 the internet.

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

  3. ProStocks Mobile

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

 

Visit Prostocks Trading Software Review for more detail.

Prostocks Account Opening Enquiry

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.

Prostocks Pros and Cons


Prostocks Pros (Advantages)

The following are the advantages of Prostocks. You must read Prostocks advantages and disadvantages before opening an account with Prostocks. Prostocks pros and cons help you find if it suits your investment needs.

  • Monthly Trading Plan - The Rs 899 Equity & Equity F&O and Rs 499 Currency monthly plans are among the cheapest in Indian brokerage industry. It literally offers unlimited trading in a month. Rs 15/trade plans fits well for casual stock market investors.
  • 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 Rs 10 per executed order. The competitors including Zerodha and RKSV charges Rs 20 per trade.
  • Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account.
  • 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 Rs 0 AMC when you pay one time refundable deposit of Rs 1000. Other broker charges Rs 600 to Rs 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
  • Trading in SME Shares is available.

Prostocks Cons (Disadvantages)

The following are the cons of Prostocks. Check the list of Prostocks drawbacks.

  • 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.
  • Only BSE SME IPOs are allow. NSE SME IPOs are not available.

Open Instant Account with Prostocks

Prostocks Margin Exposure

Prostocks margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Prostocks F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Prostocks F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

Prostocks Ratings

Overall Rating Rated 3.3 stars 3.3/5
Fees Rated 4.6 stars 4.6/5
Brokerage Rated 4.2 stars 4.2/5
Usability Rated 2.9 stars 2.9/5
Customer Service Rated 3.2 stars 3.2/5
Research Capabilities Rated 2.0 stars 2.0/5

Based on 41 Votes by Prostocks Customers

Do you trade with Prostocks? Rate Prostocks


Prostocks Complaint

The number of Prostocks customer complaint received by the exchanges. The Prostocks consumer complaint report helps understanding the Prostocks quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2024-25 6,651 2 0.03%
NSE 2023-24 6,651 1 0.02%
NSE 2022-23 5,899 7 0.12%
NSE 2021-22 5,646 5 0.09%
BSE 2021-22 1,223 1 0.08%
NSE 2020-21 4,095 2 0.05%
NSE 2019-20 0 0 0.05%
NSE 2018-19 2,677 1 0.04%
BSE 2018-19 550 1 0.18%
NSE 2017-18 2,393 2 0.08%

* The number of active customers reported by the broker.

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

Visit Prostocks Complaints at BSE, NSE and MCX for detail report.



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

Special Offer: 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.

89 Comments

89. aryan sa   I Like It. |Report Abuse|  Link|May 19, 2024 12:04:41 PMReply
most of us on chittorgarh open acc here due to ease of minor acc opening

let me tell you to withdraw everything from that account as the minor is about to turn major and open new demat somewhere else when he is major as the account conversion from minor to major could take months with them they dont even tell whats the problem they are facing and just say it will happen today each day and soon it will be months and your holdings are stuck with them
88. Prahlad   I Like It. 1|Report Abuse|  Link|March 11, 2024 6:34:28 AMReply

Rude customer service.
Internal manipulation in account.


Ratings:

Brokerage - Below Average
Account Maintenance Fees - Excellent
Website Usability - Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Below Average
87. om C   I Like It. |Report Abuse|  Link|February 2, 2024 12:54:23 PMReply
mujhe ye janna hai bus ke ye PROSTOKS naam ki bimari kis insaan ne banayi hai or jab manage nhi hoti hai cheeze to trading account open nhi krne chahiye na .. meri life ka sabse worst decision tha jab maine PROSTOKS mai account open karwaya
86. ajay gupta   I Like It. |Report Abuse|  Link|December 14, 2023 12:38:16 PMReply
Is it compulsory to open a demat account with Prostock if a person is already having a CDSL demat a/c with another broker ?
85. Prakash   I Like It. |Report Abuse|  Link|September 23, 2023 7:02:10 AMReply
I invested a huge sum of amount in this platform with hope of making money for myself but when it was time to reap the fruit I was denied withdrawal. I really needed that money but they kept demanding for more and more just to activate my withdrawal. I decided to file an altercation with apexchargeback, com and they I was able to retrieve my money with their help, I got all I lost.
85.1. deepak   I Like It. |Report Abuse|  Link|December 13, 2023 6:39:42 AM
This person is a fraud he has come to promote an unknown website,do not trust him.
84. omshiv   I Like It. |Report Abuse|  Link|December 1, 2023 4:07:01 PMReply
Third class broker , very poor services , very poor management , did mistake after opening account with prostock. never seen such type of broker in my life .
83. SLGupta   I Like It. |Report Abuse|  Link|October 12, 2022 10:52:08 PMReply
Can Prostocks provide to its client the Report of P&L Account as per required in Income tax return?
83.1. k l patel   I Like It. |Report Abuse|  Link|November 17, 2023 10:08:45 AM
their p&l report is not upto the mark, they do not show charges column, and some what confusing statement
82. Kiran Nagare   I Like It. |Report Abuse|  Link|September 25, 2023 7:17:42 PMReply
Brokerage charges are bare minimum, Customer support is good but software platform is not up to mark.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Above Average
Overall Experience - Above Average
81. kannan   I Like It. |Report Abuse|  Link|September 2, 2023 3:36:11 PMReply
prostocks do they offer marginplus trading that is provide margin for f&o trading based on pledging of shares in demat account
80. ram sagale   I Like It. |Report Abuse|  Link|July 21, 2023 1:53:32 PMReply
It is unbeliveably cheap ,has excellent service ,app never crash . If you don't need research , margin and wnat to tarde on your own ,it is an excellent discount broker .

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
79. HubballiHuli   I Like It. |Report Abuse|  Link|June 5, 2023 3:29:34 PMReply
Hello,

- Does Prostoks allow trading in both BSE SME and NSE Emerge?
- Does Prostocks allow trading of SME in pre-open?

thanks.
78. M.C. SARKAR   I Like It. |Report Abuse|  Link|February 21, 2023 4:18:34 AMReply
Hello,
I am Prostocks customer having demat+ trading account. My query is - are you giving margin exposure against pleaded share for intraday trading in equity segment without keeping any cash amount ?
77. VIPVIP   I Like It. |Report Abuse|  Link|February 10, 2023 11:30:55 AMReply
URGENT help need Prostocks Plan change...

Recently I want to change my Plan from Rs 15/trade to Free Equity Delivery trade...
So I talk to Prostocks Customer care & they send me Plan change sheet. Now my concern/confusion is that the sheet they sent me to signed has not mentioned of Free delivery trade anywhere. So I again called them to clarify, but they said it is correct sheet. But I have doubt so I request all experience members & Admin to check it and reply if should I signed it or not?

By the way, I can't attach sheet here... So anyone plz tell how can I attach it here??
76. Jeewan Jyoti Sharma   I Like It. |Report Abuse|  Link|February 6, 2023 11:12:19 AMReply
I like PROSTOCKS, but need to introduce a mid ranged slab for traders on fixed rates (Unlimited trading upto 500 trades a month). The trading platform also needs to be improved.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Research Capabilities - Below Average
Customer Service - Above Average
Overall Experience - Above Average
75. RahulDas   I Like It. 1|Report Abuse|  Link|October 3, 2022 11:44:06 AMReply
Prostocks only offer trading & demat account.
74. Kedar Nath Agrawal   I Like It. |Report Abuse|  Link|October 31, 2017 8:43:04 PMReply
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 ?
74.1. Meenu   I Like It. |Report Abuse|  Link|September 28, 2022 3:58:06 PM
Hi Kedar Nath Agrawal,

Did you get the reply from prostocks? I'm planning to go with them actually but confused as they are quite new.

Thank you,
Meenu
73. Rahul   I Like It. |Report Abuse|  Link|September 21, 2022 4:18:00 AMReply
Nse ipo are not allow to subscribecfrom prostock?
72. chaitu   I Like It. |Report Abuse|  Link|August 17, 2022 11:22:25 PMReply
EXCELLENT SERVICE

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
71. Ajit Katariya   I Like It. |Report Abuse|  Link|May 2, 2022 6:07:55 PMReply
They don't provide Research, but other things are excellent and they are improving on different functionality base on our reviews.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Very Poor
Customer Service - Excellent
Overall Experience - Excellent
70. Munni Jain   I Like It. |Report Abuse|  Link|January 20, 2022 6:17:57 PMReply
Thanks Prostock team. On 14th Jan I posted issue of poor charting in prostock and today I see commendable improvements in the charting in prostock web charting plateform. Now I recommend everyone to subscribe to Prostock for low brokerage monthly plan and good trading experience
70.1. Ajit Katariya   I Like It. |Report Abuse|  Link|May 2, 2022 6:06:34 PM
Yes, they have improved a lot. I have seen this from last 5 years.

Are you a Zerodha Customer?