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Prostocks Customer Reviews, Complaints and Feedback (Page 3)


28.3% 5,254 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 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. ProSto... Prostocks Review

69 Comments

29. Dr.j.P.Menon  May 3, 2017 4:47:51 PM I Like It. | Report Abuse Reply
How does one migrate to Prostocks from another stock broker?
29.1. Team ProStocks  May 4, 2017 1:48:41 AM I Like It. | Report Abuse
It’s very simple 3 step process:

1. Open a 2-in-1 account with ProStocks. This includes trading and demat account.

2. Offline transfer you’re existing demat account holding to ProStocks Demat. Check with your existing broker about how to transfer the shares offline to another demat account.

3. Close your trading and demat account with your existing broker to avoid AMC charges.

Please give us a call and we will help you with this whole process.

Thank you,
Team ProStocks
28. Ashwin  Jan 10, 2017 2:36:45 PM I Like It. | Report Abuse Reply
Prostocks can provide margin on equity delivery??
28.1. Team ProStocks  Apr 26, 2017 8:42:41 PM I Like It. | Report Abuse
Dear Mr Ashwin,

You could find more detail about our Margin policy at

http://www.prostocks.com/faq/21-margin/146-how-exposure-will-be-given-against-margin-for-trade-across-different-segments.html

In Equity Delivery we do not provide any margin. This is the case with almost all brokers.

In case of Equity Intraday, we provide 7 times margin.

Thank you,
Team ProStocks
27. jayamurugan  Jan 12, 2017 8:48:53 PM I Like It. | Report Abuse Reply
what is your chennai branches address? can you text chennai branches address...
27.1. Team ProStocks  Apr 26, 2017 8:40:13 PM I Like It. | Report Abuse
Hi Mr Jayamurugan,

We are an online stock broker based out of Mumbai. Sorry we do not have branch office in Chennai. You could reach out to us though phone for any questions you may have about our services or product offerings.

Thank you,
Team ProStocks
26. B S Jain  Jan 24, 2017 8:55:05 PM I Like It. | Report Abuse Reply
You don''t have a 3in1 account.So how and in which account is money transferred. How to get money back in my account.
26.1. Team ProStocks  Apr 26, 2017 8:38:16 PM I Like It. | Report Abuse
Dear Mr B S Jain,

Thank you for your message.

Yes we don''t have 3-in-1 account as we do not offer banking services.

But you could actually connect any of your bank account from any bank to us. This process is pretty simple and 100% online. Please give us a call in case you have further questions regarding how the fund transfer would happen.

Thanks,
Team ProStocks



25. Paramjit Singh  Jan 22, 2017 7:56:17 PM I Like It. | Report Abuse Reply
How much Margin prostocks providing for trading
25.1. Team ProStocks  Apr 26, 2017 8:33:44 PM I Like It. | Report Abuse
Hi Mr Paramjit,

You could find information about the margin provided by ProStocks at:

http://www.prostocks.com/faq/21-margin/146-how-exposure-will-be-given-against-margin-for-trade-across-different-segments.html

Please remember that higher margin comes at a cost with other broker. You should look at carefully compare the pricing model to see the real benefits of lower brokerage vs higher margin.

Please feel free to call us if you would like to know how we could save real money for you while trading with us.
24. Amit  Feb 4, 2017 11:21:17 AM I Like It. | Report Abuse Reply
Very Good and no AMC and very easy process of account opening

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
24.1. Team ProStocks  Apr 26, 2017 8:28:51 PM I Like It. | Report Abuse
Dear Mr Amit,

Thank you for your kind feedback.

Team ProStocks
23. Gajendhar  Feb 7, 2017 10:17:01 PM I Like It. | Report Abuse Reply
What about commodity segment ? Pls send details about that.
23.1. Tam ProStocks  Apr 26, 2017 8:25:59 PM I Like It. | Report Abuse
Hi Mr Gajendhar,

Sorry we doesn''t offer Commodity Trading as of now. This will be launched soon.

Thank you.
22. arvind singh  Feb 9, 2017 1:23:57 PM I Like It. | Report Abuse Reply
I am not able to find Prostocks as registered broker in SEBI website with Reg number :INZ000048660.

http://www.sebi.gov.in/sebiweb/home/detail/4980/new/Registered-Stock-Brokers-in-equity-segment
22.1. Team ProStocks  Apr 26, 2017 8:23:26 PM I Like It. | Report Abuse
Hi Mr Arvind,

ProStocks is SEBI, NSE, BSE and CDSL Registered broker. The registration is on company name as "Sunlight Broking LLP" and Trade Name as "ProStocks".

You could find the SEBI registration at:

http://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=30®no=INZ000048660&name=SUNLIGHT%20BROKING%20LLP

Please let us know if you have any further questions.

Thanks,
Team ProStocks
21. sudheer  Mar 16, 2017 6:51:48 PM I Like It. | Report Abuse Reply
Dear Prostocks team,

are you offering Commodity trading?
21.1. Team ProStocks  Apr 26, 2017 8:19:05 PM I Like It. | Report Abuse
Hi Mr Sudheer,

Sorry we do not offer Commodity Trading at this time. We are working on this and will launch the services soon.

Team ProStocks
20. Satyendra  Apr 26, 2017 8:09:11 PM I Like It. | Report Abuse Reply
Hi All,

I checked its name and registration no. It is Not available on SEBI website.
While the other''s details are there like RKSV, zerodha, ICICI, sharekhan etc.

Kindly Beware!!!
20.1. ProStocks Team  Apr 26, 2017 8:16:24 PM I Like It. | Report Abuse
Dear Mr Satyendra,

ProStocks is SEBI, NSE, BSE and CDSL Registered broker. The registration is on company name as "Sunlight Broking LLP" and Trade Name as "ProStocks".

You could find the SEBI registration at:

http://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=30®no=INZ000048660&name=SUNLIGHT%20BROKING%20LLP

Note: ProStocks is as genuine as any other stock broker in India. They are regulated by the exact same rules.

Team ProStocks
19. raj kumar singh  Jan 4, 2017 1:39:03 PM I Like It. | Report Abuse Reply
For call & tarde i will have to give Rs 10 on buying in addition to the brokerage similarly Rs 10 on selling by call & trade? explain
19.1. Team ProStocks  Jan 5, 2017 9:08:00 PM I Like It. | Report Abuse
Hi Mr Raj Kumar,

Yes you have to pay Rs 10 per executed order (buy or sell) placed though the call & trade (dealer).

Not that this is lowest in the discount brokerage industry. Other discount brokers charge over Rs 20 per executed order.

Also note that even with Rs 10 call & trade Rs 15 brokerage + Rs 10 Call & Trade charges). This is way cheaper then what you would pay to traditional brokers like Sharekhan or ICICI Direct.

The same transaction will cost you Rs 40 (Rs 20 brokerage + Rs 20 call & trade changes) with other discount brokers like Zerodha or RKSV.

Hope this will help.

Contact us at +91 22 38 110 110 if you have further questions.

Team ProStocks

18. Shantanu anil joshi.  Dec 18, 2016 2:25:57 PM I Like It. | Report Abuse Reply
Who is better was online or prostocks
17. selva  Nov 29, 2016 9:19:42 AM I Like It. | Report Abuse Reply
good brockerage

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
16. krishna  Nov 27, 2016 7:03:12 PM I Like It. | Report Abuse Reply
How much Marginal trading can prostocks provide
15. Nobil  Nov 17, 2016 10:41:46 PM I Like It. | Report Abuse Reply
WHAT IS THE BROKERAGE I HAVE TO PAY ON THE BUY SIDE AND ON THE SELL SIDE OF MY SHARE .(i have to pay only pay 15 per transaction?)

IS THERE ANT i am ok with Rs1000 refundable deposit)
15.1. Team ProStocks  Nov 23, 2016 11:47:38 PM I Like It. | Report Abuse
Hi Nobil,

Yes you are right. You pay flat rs 15 per executed order. This is for all segments.

Example:
1. You placed an order to buy 100 Reliance Industries shares. The order got executed and you got 100 shares. This is consider as 1 executed order and you will be charged just Rs 15 brokerage for this trade.

Note: It doesn''t matter in how many parts the order got executed. Its possible that your order got executed in two parts i.e. 20 share and 80 share.

2. You see 100 Reliance shares after 2 days. For this sell transaction you pay Rs 15 transaction.

3. You buy 100 TCS shares and sold on the same day (intraday). You pay Rs 15 for buying and Rs 15 for selling. Total Rs 30 brokerage.

4. You buy 10 lots of Reliance futures in one order. You will be charged Rs 15 brokerage for this transaction.

5. After 1 week you sell 10 lots of Reliance future contract in one order. You pay just Rs 15 brokerage for executed sell order.

Hope this clarifies.
Team ProStocks
14. Hitesh popat  Nov 9, 2016 1:07:32 AM I Like It. | Report Abuse Reply
Plz strart commodity market , mutual funds & I P O as soon as possible

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
14.1. Team ProStocks  Nov 10, 2016 6:07:19 PM I Like It. | Report Abuse
ProStocks Demat Account can be used for applying in IPO.

You can buy and sell exchange traded Mutual Funds and ETF.

13. KUMAR  Nov 2, 2016 11:07:31 PM I Like It. | Report Abuse Reply
NO HIDDEN CHARGES, with least transaction charges. TRUE DISCOUNT BROKER

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Excellent
12. rajendra singhvi  Oct 31, 2016 3:20:59 PM I Like It. | Report Abuse Reply
SIR pl.send me a copy of contract note of option & a copy of future transaction.
12.1. Team ProStocks  Nov 10, 2016 6:05:19 PM I Like It. | Report Abuse
Please visit Brokerage Calculator at http://www.ProStocks.com/?ref=CIPL

ProStocks Brokerage Calculator is total cost calculator including stamp duty with detailed break up. Your contract note will be same as shown in the Brokerage Calculator.
11. mukesh  Oct 12, 2016 12:42:12 AM I Like It. | Report Abuse Reply
good app & good plan. low cost plans.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
10. u  Oct 8, 2016 1:43:31 AM I Like It. | Report Abuse Reply
nice plans
will you provide me your web site add??
10.1. Team ProStocks  Oct 11, 2016 4:51:40 AM I Like It. | Report Abuse
Hi u,

Please find our website URL below:

http://www.ProStocks.com/?ref=CIPL

Are you a Zerodha Customer?