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1.67% 6,762 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 fo...
Do you have questions about Prostocks share trading account or Prostocks Demat account?
Get all your share trading doubts and questions answered by reading the Prostocks demat, trading account information FAQ. All Prostocks questions, Prostocks q&a, Prostocks faq and Prostocks questions and answers.
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ProStocks is an online stock broker. It offers trading and investment services in India stock market.
ProStocks offers Flat Rate brokerage plans including Rs 15 per trade brokerage or Rs 899 per month for unlimited equity & equity f&o trading.
Yes, ProStocks makes decent profits even by offering low-cost brokerage services and free software. Here are some of the things to note:
Would you like know more about ProStock or ready to open account with ProStocks?
Simply leave your contact information and ProStocks representative will call you in few minutes.
ProStocks offers online account opening to most of the customer with PAN Number and AADHAR card. This eliminates the need of downloading, printing and sending forms though couier.
If you are filling physical forms, ProStocks doesn't offer home pickup. You will have to courier the forms to ProStocks office.
Online Account opening takes just a few minutes as soon as you complete the account opening process.
If you are sending forms, once ProStocks team receives the form; the accounts are opened within 48 hours.
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.
When you place an order in stock exchange (through your trading account in Prostocks) and the order gets traded, it is called an executed order. You don't pay for placing, cancelling or modifying an order; you pay only per executed order.
ProStocks doesn't charge per trade, ProStocks charge only for an executed order. So even if an order is executed in 10 different trades it is considered only 1 executed order and you pay only Rs 15.
Example of an order is:
Buy 5000 shares of Reliance Industries
You place a 'buy' order for 5000 shares of Reliance Industries. This order may get executed in different chunks until the whole 5000 shares are bought. However, ProStocks charges you only Rs 15 for the order that is placed, irrespective of how many trades it takes to complete the order. The same charge is applied for trading Equity Intraday, Delivery, F&O and Currency Derivatives.
ProStocks charges only for an executed order. So even if an order is executed in 5 different trades it is considered only 1 executed order and you pay only Rs 15.
When customer places an order over the phone through a dealer, ProStocks charge an additional Rs 10 as Call & Trade Fee.
ProStocks is an online stock broker. It prefers that the customer uses its online trading platform to execute orders. All trading software's including installable trading terminal, website and mobile application are made available free of charge to customers.
Yes ProStocks offer advance technical charts on its free trading terminal. Basic charting is provided on trading website and mobile.
Yes, when orders are placed under product type as MIS, customer get leverage for intraday trading with ProStocks.
ProStocks offers multiple ways to transfer fund. This includes using payment gateways, deposited a check or online fund transfer.
Visit ProStocks.com for available fund transfer options.
Yes, ProStocks does offer trading & demat account on minor's name.
You can link any demat account with ProStocks trading account. You can provide this information at the time of account opening or contact the customer service at later point of time to do so.
It is highly recommended to open 2-in-1 account with ProStocks as it makes the transactions between trading and demat account seamless. In case you use some other demat account, every time you sell a share from demat, those these should be manually transferred to ProStocks for settlement.
Note that ProStocks offer Zero AMC demat account with one time refundable deposit of Rs 1000.
No, you don't have to keep any minimum balance in ProStocks Trading Account.
Prostocks charges Rs 0 Annual Maintenance Charge (AMC) for a trading account and Rs 0 (Lifetime Zero AMC) for a Demat account. AMC is charged to maintain the accounts.
Prostocks charge Rs 0 (Free) for equity delivery trade. These trades are also known as cash & carry trades or CNC.
Espresso customer also has to pay taxes, demat debit transaction fee (Rs 13.5 per trade) and exchange transaction charges.
Prostocks charge Rs 15 per executed order for intra-day trades. These orders are also known as Margin Intraday Square-up or MIS orders. All open intraday orders are auto squared-off at the end of the day. Extra leverage is offered for these trades.
In addition you have to pay taxes and exchange transaction charges.
Prostocks charge Rs 15 per executed order for equity, currency and commodity futures trading.
Prostocks charges Rs 15 per executed order for equity, currency and commodity options trading. Options are highly leveraged derivative products. Options trading is used in many ways including hedging or to reduce the risk exposure of the portfolio.
Prostocks brokerage charges for commodity futures is NA and commodity options is NA. Commodities futures are agreements to buy or sell raw material (food, energy or metal) at a specific date in the future at a particular price. Commodity options contracts are the right to buy (call option) or sell (put option) underlying commodity futures at predetermined prices on the date of contract expiry.
Prostocks charge Rs 15 per executed order for currency futures trading and Rs 15 per executed order for currency options trading.
Transaction Charges (or Exchange Turnover Charges) is a fee charged by the stock exchanges for trades done through them. Most brokers include clearing charges to it. These charges can be seen in the contract note.
Segment | Transaction Fee |
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Equity Delivery | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 200 per Cr (0.002%) | BSE Rs 0 |
Equity Options | NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity |
Yes. Prostocks offers online IPO applications to its customers. Initial Public Offer (IPO) offers an early opportunity to buy shares of companies that are not previously traded publicly.
Yes. You can buy/sell Mutual Funds if you have an account with Prostocks.
No. Prostocks doesn't provide margin funding.
Prostocks auto square-off all open intraday positions at Equity 3:15 PM | Curr: 4:45 PM.
No. Prostocks doesn't provide trading tips for stock and commodity trading to its customers.
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.
Information on this page was last updated on Friday, November 17, 2023
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