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Prostocks Stock Trading, Demat, Brokerage and Reviews 2023

37.88% 5,646 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

The Unlimited Trading Plan (Rs 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 (Rs 899 for equity and Rs 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 Rs 8999 for equity and Rs 4999 for currency trading.
Flat Fee Trading Plan (Rs 15 Per Trade)
ProStocks flat Rs 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 Rs 15 per executed order. Trading is available in all segments at BSE and NSE for one same rate.

Prostocks Charges 2023

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 one time 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 325/Cr \| BSE: Rs 275/Cr	NSE: Rs 325/Cr \| BSE: Rs 275/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	0.01% on Sell Side	0.05% on Sell Side(on Premium)
Transaction Charges	NSE: Rs 190/Cr \| BSE: Rs 50/Cr	NSE: Rs 5000/Cr \| BSE: Rs 2500/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 110/Cr \| BSE: Rs 10/Cr	NSE: Rs 4000/Cr \| BSE: Rs 10/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:

Call & Trade: Intraday and F&O - Rs 10 per trade. Delivery - Rs 25 per trade.
Instant payment gateway charges for over 22 banks - Rs 9 per fund transfer.
DP charges for delivery based equity (sell transaction only) - Rs 20 flat for every debit transaction.
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 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.

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.

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.

Segment	Margin	Leverage
Equity Delivery	100% of trade value	1x
Equity Intraday	Up to 20% of trade value	5x
F&O (Equity, Currency and Commodities)	100% of NRML margin (Span + Exposure)	1x

Prostocks Ratings

Overall Rating	3.3/5
Fees	4.6/5
Brokerage	4.3/5
Usability	2.9/5
Customer Service	3.2/5
Research Capabilities	2.1/5

Based on 39 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	2022-23	6,055	4	0.07%
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%
NSE	2016-17	664	1	0.15%

* 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

Prostocks Reviews

ProStocks Website: http://www.ProStocks.com
Contact ProStocks< for trading & demat account.
The Top 10 Reasons to Trade with ProStocks
ProStocks Vs Zerodha - Comparison of Brokerage Charges, Fees and Taxes
Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)

77 Comments

77. Jeewan Jyoti Sharma

| Link|Feb 6, 2023 12:12:19 PMReply

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

76. SLGupta

| Link|Oct 12, 2022 11:52:08 PMReply

Can Prostocks provide to its client the Report of P&L Account as per required in Income tax return?

75. RahulDas

| Link|Oct 3, 2022 12:44:06 PMReply

Prostocks only offer trading & demat account.

74. Kedar Nath Agrawal

| Link|Oct 31, 2017 9:43:04 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

| Link|Sep 28, 2022 4:58:06 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

| Link|Sep 21, 2022 5:18:00 AMReply

Nse ipo are not allow to subscribecfrom prostock?

72. chaitu

| Link|Aug 18, 2022 12:22:25 AMReply

EXCELLENT SERVICE

Ratings:

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

71. Ajit Katariya

| Link|May 2, 2022 7:07:55 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

| Link|Jan 20, 2022 7:17:57 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

| Link|May 2, 2022 7:06:34 PM

Yes, they have improved a lot. I have seen this from last 5 years.

69. S V S Goutam

| Link|Mar 12, 2022 4:41:41 PMReply

I have opened account with Prostocks after my account with Karvy got blocked (due to blacklisting of Karvy). The main reason why I opened account with Prostocks was it was not having any AMC charges which looked like a good deal for me in the start (as Karvy used to charge 300-500 per year).
As I was a new person to stock market and usually trader very rarely using my Karvy account.
The account opening was very easy and the staff were very cooperative for the account opening process.
After opening the account when ever I had issues with any of my transactions I just used to call customer care, this is where I found the main difference compared to my previous broker.
The customer support was very responsive, they did not only resolve my problems and even had explained me the reason why it has happened and what is the provisions of their software and helped me in learning on how to use their software.
I still remember when I had a issue, I have spoken to some one named Mr. Toshniwal whom I later found out was one of the key persons in the Prostocks. He has taken extra effort to resolve my issue and has even explained me the provisions of the software and helped me in understanding the software and app in better detail.
After this I had referred even my parents to open demat account with the same broker now apart from my account I also have opened 3 more accounts for my family members.
The other best part is that there is continuous improvements in the mobile app and the PC app along with the web user interface and they frequently provide the demo trades for new users like us to get accustomed to the software before actually using the app/software.
For a person who is not a trader and for persons who are new to stock markets and looking for investing in stocks and other instruments and occasionally perform trading the normal plan of Flat 15/- per trade is very comfortable and for professionals I feel that the unlimited plan of 899/- per month is a big deal being given at a very cheap price, when compared to the deals they make and the profit they earn.

This is my review after using the mobile app/PC software and online web trading platform for over two years.

Hope it is useful for the new users who are looking to open new demat and trading account with Prostocks....

69.1. Ajit Katariya

| Link|May 2, 2022 7:05:52 PM

Very true. I'm using this from almost 5 years now.

68. Amit Verma

| Link|Jan 11, 2022 10:30:36 PMReply

It's not fully free, they are making fool by charging refundable deposit 1000. Which you will receive only when you close account.

68.1. Ajit Katariya

| Link|May 2, 2022 7:05:10 PM

It is mentioned clearly that it is one time refundable fees . So if you close account, then you'll get it back.
And they don't charge any annual fees, using this platform from almost 5 years

67. PRAKAH shinde

| Link|Mar 13, 2022 12:09:32 AMReply

Monthly fixed Brokerage

Ratings:

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

66. Munni Jain

| Link|Jan 14, 2022 6:54:17 PMReply

All other things OK but Charting is worst and unusable. I am very disappointed to see their charting, which even dont have saving feature. Zerodha is king in the discount brokers due to the best trading plateform. Why the management of prostock dont understand that they can charge little more but they need to improve the charting facility urgently on their trading plateform if they really wish to enhace their clientbase.

65. B L BIRLA

| Link|Dec 18, 2021 3:47:54 PMReply

Hello, how do we Algo trade with Prostocks?

65.1. Team Chittorgarh.com

| Link|Dec 21, 2021 9:33:05 PM

Hi Mr. Birla,
Yes, Prostocks is the best and cheapest algo trading provider. You pay just 1998 per month for unlimited trading (999 for unlimited trading + 999 for API) in the equity segment.

Once you pay Rs 1998, you don't have to pay per trade or % based brokerage. Which makes it amazing for algo traders.

64. XAVIER MENEZES

| Link|Nov 10, 2021 7:03:30 AMReply

EXCELLENT TRADING PLATFORM AND COMPANY CONSTANTLY IMPROVING. FLAT BROKERAGE STRUCTURE WORKS VERY WELL FOR HIGH VOLUME SCALPERS.

Ratings:

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

63. Mani

| Link|Oct 31, 2021 1:49:06 PMReply

Hi...I am very happy with prostock due to genium ...less brokerage no hidden charges...nice ...everything they send by mail...

62. Mohit Garg

| Link|Jul 17, 2021 2:01:20 PMReply

I am very Happy with Prostocks brokrage free trading

Ratings:

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

61. Arshad Alam

| Link|Jul 30, 2021 4:05:33 PMReply

Prostocks is a very good. I am using this broker since 01 year and I am realy happy. Staff's also give very quick response which is helpful.

60. Dinesh Makwana

| Link|Feb 28, 2021 2:39:48 AMReply

PRO STOCK IS THE BEST FOR NRI. THANK YOU PROSTOCK FOR GIVING USE EASY ONLONE PLATFORM.

Ratings:

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

59. JAYSHIL JAYWANT RAUT

| Link|Dec 25, 2020 11:24:32 AMReply

want to open ONLY trading (FO) account

58. Joydeep singha

| Link|Sep 7, 2020 8:25:48 PMReply

What is the amount of margin money for equity option trading ?

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