Motilal Oswal Vs Prostocks Demat Account Comparison

Motilal Oswal Sec. Ltd. is a leading research and advisory based stock broking house of India, with a dominant position in both institutional and retail broking.

ProStocks (a Sunlight Broking LLP venture) is among the fastest  growing online stock broking company in India. ProStocks offers ultra low cost brokerage and depository services also known as discount brokerage services.

ProStocks is popular broker for Rs 15 Flat Per Trade Plan, Rs 899 Unlimited Plan (Equity and Derivatives) and Rs 499 Unlimited Plan (Currency Derivatives). ProStocks is SEBI registered stock broker and member of BSE, NSE, CDLS.

Zero AMC Demat Account (with one time Rs 1000 refundable deposit) with the Zero Demat Account Opening Fee makes ProStocks Demat Account the cheapest Demat Account in India.

2nd Floor, Palm Spring Centre,
Link Road, Malad (West)
Mumbai, Maharashtra India - 400064

Sunlight Broking LLP,
B-53, Pravasi Industrial Estate,
Goregaon (East), Mumbai - 400063

Motilal Oswal Securities services include stock broking in equities & derivatives products, distribution of mutual funds / IPOs and depository services.

• Delivery Trading - Equity
• Intraday Trading - Equity
• Futures Trading - Equity, Currency, Commodity
• Options Trading - Equity, Currency
• Depository Services (Demat Account)

Nil

Nil

Rs 199 (Free for 1st Year)

Nil

Nil

Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit

Rs 100 per certificate + Rs 50 per certificate

Rs 50 per set up + Rs 50 courier charges

Rs 35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges

Rs 50 per set up + Rs 50 courier charges

Rs 8 + Rs 5.50 (CDSL charges) per ISIN

Rs 35 or 0.02% (whichever is higher) as per ISIN request

Rs 50 per set up

Nil

Nil

Rs 35 or 0.02% (whichever is higher) as per ISIN request

Rs 50 per set up

Nil

Failed transactions Rs 50 per ISIN

Demat Rejection: Rs 50 per request