Prostocks review

ProStocks is the newest entrant in the discount broker segment in India. The company offers low cost flat fee trading plans to  stock market investors and is one of the few broker who are providing unlimited monthly and yearly trading plans to its customer. They also offer a fixed brokerage plan of Rs 15 per traded order.

ProStocks is popular for its flat monthly trading plans. The plan includes Rs 899 per month trading plans which offers unlimited equity and equity derivatives trading at NSE or BSE. ProStocks also offer Rs 499 monthly trading plan for unlimited monthly trading in currency derivatives trading.

ProStocks also provide most advanced trading platform to the investor. This includes a website for trading, mobile app and a trading terminal for high frequency traders. All trading software and tools are available for free of charge and you will get access of them once you open account with them.

Product Offerings

ProStocks is member of NSE, BSE and CDSL. The products offered by ProStocks include:

• Equity Trading
• Equity Derivatives (F&O) Trading
• Currency Derivatives (F&O) Trading
• Demat Account
• NRI Trading

ProStocks offers 2-in-1 account which includes a trading and demat account. The 2-in-1 account offers seamless transactions between the two accounts.

What Makes ProStocks So Unique?

• Huge Brokerage Savings Customer saves  between 60% to 90% in brokerage with ProStocks when they move from traditional brokers.
• 3 unique trading plans to suite your trading requirements:
  • Flat Fee Plans – Flat Rs 15 per executed order
  • Unlimited Monthly Trading Plan – Rs 899 Equity & Equity Derivatives or Rs 499 unlimited Currency trading in an exchange
  • Unlimited Yearly Trading Plan – Rs 8999 Equity & Equity Derivatives or Rs 4999 unlimited Currency trading in an exchange
• No hidden charges.
• Lowest transaction charges compare to all other brokers in Industry.
• No additional PCM Fee charged.
• Lowest call & trade charges (Rs 10 per executed order)
• Lowest stamp duty charges (Max Rs 50, except Maharashtra resident)
• Free Trading software – Desktop, Website and Mobile app
• No Prop Trading – Clients money is 100% secure
• NRI trading account

ProStocks Account Opening Fee / AMC

• Trading Account Opening Fee (One Time): Rs 300
• Demat account Opening Charges (One Time): Rs 300
• Trading Account AMC: Rs 0
• Demat Account AMC: Rs 0 (with Rs 1000 one time refundable deposit)

ProStocks Trading Plans

1. Flat Fee Plan (Rs 15 Plan)

Pay flat Rs 15 per executed order in any segment (Equity, Equity Derivatives and Currency) regardless of the size of the trade.

This plan is best suitable for casual traders and investor who trade few times a month. The brokerage charge of Rs 15/trade is among the cheapest brokerage plan in the industry.

2. Unlimited Monthly Trading Plan

Pay Rs 899 per month for unlimited trading in equity and equity derivative segment at NSE or BSE. There are no hidden charges and no minimum balance required. This truly unlimited plan offers literally unlimited trading in a month.

This trading plan bring down the breakeven point to so low that you can make money with little movement in the prices. This plan is suitable for active traders.

ProStocks also offer Rs 499 per month unlimited trading plan for currency segment.

3. Unlimited Yearly Trading Plan

Pay Rs 8999 per year and enjoy truly unlimited trading in equity and equity derivatives on NSE or BSE for a complete year. Or pay Rs 4999 for unlimited trading in currency segment. By opting this plan clients save two month brokerage for one year.

For day traders who execute more than a trade a day, this is the cheapest brokerage plan available in the industry.

All ProStocks plans comes with free software backed by excellent customer service.

Trading Platform & Tools

• ProStocks Web

A website based trading application offers trading on any computer installed with a browser.

• ProStocks Mobile App

An Android and iOS mobile trading app for people who trade on the go.

• ProStocks Desktop

Installable trading terminal for traders loaded with streaming quotes, charts and shortcut keys.

Special Offer

Free Trading and Demat account for limited time with ISB  customers. Rs 600 account opening fee is waived.

Please provide your details to get special offer and open account with Prostocks