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Upstox Vs Prostocks (Compare Upstox and Prostocks)

Upstox Logo

About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

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

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Upstox Vs Prostocks

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  Upstox Prostocks
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE
Year of Incorporation 2012 2016
Number of Branches 4 1
Open Upstox AccountOpen Prostocks Account

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Upstox Vs Prostocks Charges & AMC

Upstox trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 150 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  Upstox Prostocks
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 150 Rs 0 (Lifetime Zero AMC)

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Upstox Vs Prostocks Brokerage

Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type Upstox Default Prostocks Flat Rate Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order or 2.5% whichever is low Rs 0 (Free)
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower Rs 15 per executed order
Equity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 15 per executed order
Equity Options Rs 20 per executed order Rs 15 per executed order
Currency Futures Rs 20 per executed order or 0.05% whichever is lower Rs 15 per executed order
Currency Options Rs 20 per executed order Rs 15 per executed order
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower NA
Commodity Options Rs 20 per executed order NA
Special Offer
Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
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.

Upstox Vs Prostocks Brokerage Plan 2

  Upstox Prostocks
Account Type Default Unlimited Equity Trading Plan
Fixed Charges NA Rs 899
Equity Delivery Rs 20 per executed order or 2.5% whichever is low Rs 0
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower Rs 0
Equity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 0
Equity Options Rs 20 per executed order Rs 0
Currency Futures Rs 20 per executed order or 0.05% whichever is lower NA
Currency Options Rs 20 per executed order NA
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower NA
Commodity Options Rs 20 per executed order NA
Open Upstox AccountOpen Prostocks Account

Upstox Vs Prostocks Brokerage Plan 3

  Upstox Prostocks
Account Type Default Unlimited Currency Trading Plan
Fixed Charges NA Rs 499
Equity Delivery Rs 20 per executed order or 2.5% whichever is low NA
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower NA
Equity Futures Rs 20 per executed order or 0.05% whichever is lower NA
Equity Options Rs 20 per executed order NA
Currency Futures Rs 20 per executed order or 0.05% whichever is lower Rs 0
Currency Options Rs 20 per executed order Rs 0
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower NA
Commodity Options Rs 20 per executed order NA
Open Upstox AccountOpen Prostocks Account

Upstox Charges Vs Prostocks

Minimum Brokerage 0.05% Rs 0
Other Charges Auto Square-off Charges: Rs 50
Call & Trade Charges Rs 20 per trade Rs 0 (Free)

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Upstox Vs Prostocks Transaction Charges

Upstox transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Upstox Prostocks
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) 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 22 per Cr (0.00022%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A - Rs 290 per Cr (0.0029%)
Open Upstox AccountOpen Prostocks Account

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Upstox Vs Prostocks Leverage (Margin)

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

  Upstox Prostocks
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)
Open Upstox AccountOpen Prostocks Account

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Compare Upstox and Prostocks Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

  Upstox Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) No No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time 3:00 PM Equity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed? Yes Yes
Referral Program Yes Yes
Other Features Option strategy builder
Open Upstox AccountOpen Prostocks Account

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Upstox Vs Prostocks Review

Upstox is rated 2.4 of 5 based on 147 customer reviews whereas Prostocks is rated 3.3 of 5 based on 41 customer reviews.

  Upstox Prostocks
  147 Customer Reviews    Rate Upstox 41 Customer Reviews    Rate Prostocks
Fees 3.3 4.6
Brokerage 3.3 4.2
Trading Platform 2.6 2.9
Customer Service 2.3 3.2
Research Capabilities 2.2 2.0
Overall Ratings Rated 2.4 stars Rated 3.3 stars
Broker Rating Upstox is rated 2.4 of 5 based on 147 customer reviews Prostocks is rated 3.3 of 5 based on 41 customer reviews

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Contact Broker / Request A Call Back

  Upstox Enquire Prostocks Enquire
Contact Broker Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. 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.

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Upstox Vs Prostocks Investment Options

  Upstox Prostocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options

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Upstox Vs Prostocks Order Type Offered

  Upstox Prostocks
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Open Upstox AccountOpen Prostocks Account

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Upstox Vs Prostocks Research Report

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

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Upstox Vs Prostocks Suitable For Investor Type

  Upstox Prostocks
Casual Investor Yes Yes
Active Investor Yes Yes
Trader Yes Yes

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Upstox Vs Prostocks - Pros and Cons

  Upstox Prostocks
Pros
  • Zero account opening fee.
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments including equity delivery.
  • Offer direct mutual funds.
  • One app for trading in equity, currency, and commodity.
  • Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
  • Good-Till-Triggered (GTT) orders are available.
  • 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
  • Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer margin funding for delivery trades.
  • Doesn't offer stock tips or recommendations.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer 24/7 customer support.
  • Doesn't offer API access for automated trading.
  • Doesn't offer NRI Trading and Demat account.
  • Doesn't offer BTST
  • Doesn't offer digital gold.
  • Call-and-trade fee is Rs 20 per executed order extra.
  • Automatic settlement charges an additional Rs 50 per executed order.
  • Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
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

Upstox Special Offer

Exclusive offer by Upstox

  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.

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.

Open Upstox AccountOpen Prostocks Account

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