Free Account Opening + AMC Free Demat
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Prostocks Vs mStock (Compare Prostocks and mStock)

Prostocks Logo

About Prostocks
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 pl... Know more about Prostocks

Mirae Asset Capital Markets Logo

About mStock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds. One of the platform's most attractive features is the lifetime zero brokerage plan with a one-time fee of Rs 999. Unlike most brokers, this plan ensures zero brokerage on F&O, Intraday, Delivery, IPOs, ETFs, Currency and Mutual Funds, m... Know more about Mirae Asset Capital Markets

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Prostocks Vs mStock

Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India. Incorporated in 2022, mStock is a Discount. It offers trading at BSE, NSE, MCX. It has 0 branches across India.

  Prostocks mStock
Type of Broker Discount Broker Discount
Exchnage Membership BSE, NSE BSE, NSE, MCX
Year of Incorporation 2016 2022
Number of Branches 1 0
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Prostocks Vs mStock Charges & AMC

Prostocks trading account opening charges is Rs 0 (Free) while mStock account opening changes is Rs 999 (One TIme Cost). Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC) and mStock Demat Account AMC Charges is Annual Rs. 480 + GST (To be recovered on a Quarterly basis).

  Prostocks mStock
Trading Account Opening Charges Rs 0 (Free) Rs 999 (One TIme Cost)
Trading Account AMC Charges Rs 0 Annual Rs. 480 + GST (To be recovered on a Quarter
Demat Account Opening Charges Rs 0 (Free) Rs 999 (One TIme Cost)
Demat Account AMC Charges Rs 0 (Lifetime Zero AMC) Annual Rs. 480 + GST (To be recovered on a Quarterly basis)

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Prostocks Vs mStock Brokerage

Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order whereas mStock brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).

Account Type Prostocks Flat Rate Plan mStock Lifetime Zero Brokerage Plan
Fixed Charges NA Rs 999 (One Time Payment)
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 15 per executed order Rs 0 (Free)
Equity Futures Rs 15 per executed order Rs 0 (Free)
Equity Options Rs 15 per executed order Rs 0 (Free)
Currency Futures Rs 15 per executed order Rs 0 (Free)
Currency Options Rs 15 per executed order Rs 0 (Free)
Commodity Futures NA NA
Commodity Options NA NA
Special Offer
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.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Prostocks Vs mStock Brokerage Plan 2

  Prostocks mStock
Account Type Unlimited Equity Trading Plan Rs 0 Plan
Fixed Charges Rs 899 NA
Equity Delivery Rs 0 Rs 0 (Free)
Equity Intraday Rs 0 Rs.20 per Executed Order/0.3%of the turnover value
Equity Futures Rs 0 Rs 20 as per executer order
Equity Options Rs 0 Rs 20 as per executer order
Currency Futures NA Rs 20 as per executer order
Currency Options NA Rs 20 as per executer order
Commodity Futures NA NA
Commodity Options NA NA
Open Prostocks Account

Prostocks Vs mStock Brokerage Plan 3

  Prostocks mStock
Account Type Unlimited Currency Trading Plan Lifetime Zero Brokerage Plan
Fixed Charges Rs 499 Rs 999 (One Time Payment)
Equity Delivery NA Rs 0 (Free)
Equity Intraday NA Rs 0 (Free)
Equity Futures NA Rs 0 (Free)
Equity Options NA Rs 0 (Free)
Currency Futures Rs 0 Rs 0 (Free)
Currency Options Rs 0 Rs 0 (Free)
Commodity Futures NA NA
Commodity Options NA NA
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Prostocks Charges Vs mStock

Minimum Brokerage Rs 0
Other Charges Rs 20/order - MTF
Call & Trade Charges Rs 0 (Free) Rs 0 (Free)

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Prostocks Vs mStock Transaction Charges

Prostocks transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) while mStock exchange transaction charges for options is NSE Rs 4950 per Cr (0.0495%) (on premium).

  Prostocks mStock
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 322 per Cr (0.00322%) | 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) NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 188 per Cr (0.00188%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 4950 per Cr (0.0495%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 9 per Cr (0.00009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 35 per Cr (0.00035%) (on premium)
Commodity
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Prostocks Vs mStock Leverage (Margin)

Prostocks margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the mStock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Prostocks mStock
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Prostocks and mStock Features

The trading platforms offered Prostocks include ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API. mStock offers Mobile App & Web Platform trading software.

  Prostocks mStock
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API Mobile App & Web Platform
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed? Yes Yes
Referral Program Yes Yes
Other Features Buyback Trading
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Prostocks Vs mStock Review

Prostocks is rated 3.3 of 5 based on 41 customer reviews whereas .

  Prostocks mStock
  41 Customer Reviews    Rate Prostocks Customer Reviews    Rate mStock
Fees 4.6
Brokerage 4.2
Trading Platform 2.9
Customer Service 3.2
Research Capabilities 2.0
Overall Ratings Rated 3.3 stars
Broker Rating Prostocks is rated 3.3 of 5 based on 41 customer reviews

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Contact Broker / Request A Call Back

  Prostocks Enquire mStock Enquire
Contact Broker 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. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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Prostocks Vs mStock Investment Options

  Prostocks mStock
Stock / Equity Yes Yes
Commodity No No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Pay Later (MTF), Pledge Shares

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Prostocks Vs mStock Order Type Offered

  Prostocks mStock
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes
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Prostocks Vs mStock Research Report

  Prostocks mStock
Daily Market Report No
Free Tips No
Quarterly Result Analysis No
News Alerts No

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Prostocks Vs mStock Suitable For Investor Type

  Prostocks mStock
Casual Investor Yes
Active Investor Yes
Trader Yes

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Prostocks Vs mStock - Pros and Cons

  Prostocks mStock
Pros
  • Cheapest flat fee broker in India. Offers Rs 899 unlimited equity and equity f&o trading and Rs 15 per trade plan.
  • Cover Order (CO) is available in unlimited monthly plan. Bracket order is coming soon.
  • Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 2 Pricing plans to choose from.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time Rs 1000 deposit. No account opening and no annual maintenance charges.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (Rs 10 per executed order) among all discount brokers. Other brokers charge minimum Rs 20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).
Cons
Reviews

ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market.

ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds.

The Top 10 Reasons to Trade with ProStocks

Promo / Offers

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.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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