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ProStocks Brokerage Charges and Transaction Charges

Prostocks Track Record Of Best Online Stock Broker In India

  • Life

    4

    Company Rating

  • Life

    100+

    Cities Covered

  • Life

    50K+

    Orders Per Day

  • Life

    8,40,000+

    Daily Turnover

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    20,885+

    Our Client Base

  • Life

    3.8

    Mobile App Rating

  • Life

    4

    Company Rating

  • Life

    100+

    Cities Covered

  • Life

    50K+

    Orders Per Day

  • Life

    8,40,000+

    Daily Turnover

  • Life

    20,885+

    Our Client Base

  • Life

    3.8

    Mobile App Rating

 
 
 

Prostocks Account Opening Enquiry

 
 
 
 

ProStocks Brokerage Charges and Transaction Charges

ProStocks is the fastest growing discount stock broking firm that offers its trading services at BSE and NSE. The firm is registered by SEBI (Stock Exchange Board of India).
ProStocks offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives (F&O) segments at BSE and NSE. The customisable trading platform offers convenient trading through the installable trading terminal, website and mobile application and all of it at free of cost to all the customers.

ProStocks Brokerage Plan
Whenever you buy or sell any stock, a charge is executed by broker as a commission. This commission is generally known as Brokerage charge. The brokerage charges for the Equity, Commodity and Currency Derivative are explained below:

Equity and Equity Derivatives:

ProStocks Charges

Equity Intraday

Equity Delivery

Equity Futures

Equity Options

 

 

 

Brokerage

 

₹15 Per Executed Order

 

 

Zero

 

₹15 Per Executed Order

 

₹15 Per Executed Order

 

or ₹899 Per Month (Unlimited trading in an exchange for a month)
or ₹8,999 Per Year (Unlimited trading in an exchange for a year)

 

 

Securities Transaction Charges (STT)

 

₹2,500 per crore (on Sell trade)

 

 

₹10,000 per Crore (on Buy and Sell)

 

₹1,000 per Crore (on Sell trade)

 

₹5,000 per

Crore (on Sell trade*)

 

Exchange Transaction Charges

 

NSE: ₹325 per Crore
BSE: ₹300 per Crore

 

 

NSE: ₹325 per Crore
BSE: ₹300 per Crore

 

NSE: ₹190 per Crore
BSE: ₹50 per Crore

 

NSE: ₹5,000 per Crore
BSE: ₹2,500 per Crore

 

SEBI charges

 

₹5 per crore

 

 

₹5 per crore

 

₹5 per crore

 

₹5 per crore

 

GST

 

18% on (Brokerage + Transaction Charges)

 

 

18% on (Brokerage + Transaction Charges)

 

18% on (Brokerage + Transaction Charges)

 

18% on (Brokerage + Transaction Charges)

 

Stamp Duty

 

0.003% (₹300 per Crore on Buy and Zero on Sell)

 

0.015% (₹1500 per Crore on Buy and Zero on Sell)

 

0.002% (₹200 per Crore on Buy and Zero on Sell)

 

0.003% (₹300 per Crore on Buy and Zero on Sell)

 

Note- *STT on Exercise and assigned trades: ₹12,500 per crore and it is payable by options buyer only (on intrinsic value of trades).

Currency Derivatives:

ProStocks Charges

Currency Futures

Currency Options

 

Brokerage

 

₹15 per executed order

 

 

₹15 per executed order

 

₹499 Per Month (Unlimited trading in an exchange in a month)
or ₹4,999 Per Year (Unlimited trading in an exchange in a year)

 

Securities Transaction Charges (STT)

 

Nil

 

 

Nil

 

Exchange Transaction Charges

 

NSE: ₹90 per Crore
BSE: ₹22 per Crore

 

 

NSE: ₹4,000 per Crore
BSE: ₹100 per Crore

 

SEBI charges

 

₹5 per crore

 

 

₹5 per crore

 

GST

 

18% on Brokerage+Exchange Transaction Charges

 

 

18% on Brokerage+Exchange Transaction Charges

 

 

Stamp Duty

 

0.0001% (₹10 per Crore on Buy and Zero on Sell)

 

 

0.0001% (₹10 per Crore on Buy and Zero on Sell)

 

Charges explained in detail
• Securities Transaction Charges (STT):
It is charged by stock exchanges from the broker on behalf of the client and is paid to Income Tax Department of Government of India.

• Exchange Transaction Charges:
It is charged by stock exchanges. Exchange transaction charge is different for both NSE and BSE.

• SEBI charges:
It is charged by Stock Exchange Board of India (SEBI).

• Stamp Duty:
Traders and investors have to pay this charge while trading in stocks, currency derivatives and commodities.

• GST:
It is charged at rate of 18% on brokerage and transaction charges only. No GST is charged on SEBI charge, STT and Stamp charges.

• Call and Trade:
The charges are charged as
For Intraday and F&O: ₹10 per trade.
For Delivery: ₹25 per trade.

• Documentation charge and Franking charge:
There is no account opening charge for ProStocks.

• DP charges:
For equity delivery trades: ₹20 per scrip (on sell) + 18%GST.

• Annual Maintenance Charge (AMC):
Zero AMC.

• Physical Contract Note Charges:
₹50 per contract note.

• Account Deposit Charge:
A refundable amount of ₹1000 only for demat account. This amount will be refunded to you at the time of closing of your account.

Frequently Asked Questions


1) The KYC team sends an email about the receipt of the documents once all the account opening documents are received. 2) The team will verify the documents and request the customer for IPV, if required. 3) After completing the IPV, customer will receive a welcome call and will validate the details. 4) As soon as the verification is completed, a welcome mail will be sent to the customer with all the account related information.
You will receive a transaction statement every month if you have done any transaction or once in a quarter if there is no transaction during the period.
ProStocks offer Zero AMC Demat Account. Unlike other brokers, customers is not required to pay any annual fees. The ProStocks demat account without AMC is for all its customers including Individual, Corporate and NRI.
Prostocks do not charge any AMC for trading or demat account. ProStocks safeguards your account with zero maintenance charge.
ProStocks depository allows you to change the name of the corporate demat account and the existing account can be continued.
Yes, a depository account can be opened in ProStocks with the names of four holders but the account can only be used for dematerialization of shares that are held in the same combination. No shares can be credited by purchase or transferred from any other account. Hence the standing instruction for credits will be “N” for such accounts.
ProStocks will open your account on the same day after duly completing the account opening documents that are given in the office, in case you are already KRA compliant and In person Verification(IPV) is not required. If the IPV is required , then the ProStocks will open the account within four working hours post IPV. You will be able to trade from the next day subject to transfer funds for margin in the trading account with ProStocks.
Yes, the customers can link with more than one bank account to your trading account. There are no restrictions on the number of bank account you can link. It is advised to link all the bank account so that the customer can transfer the funds from any bank account they hold.
Nomination can be done either at the time of account opening or later. The Nominee name and address is to be provided by the account holder. The account holder is required to sign before the two witnesses.
All the funds transfer request is received up to 5 PM on working days are credited to the client account electronically on the next working day.
No, all the trading applications that are provided by ProStocks are free. They do not charge for BSE BEST trading application even when you trade for NSE exchange in BSE BEST.
The customers are advised to contact customer care in case of any discrepancies.
Yes, Prostocks provide mobile application for android and iOS. The app is available on both the Android and iOS. The application is named as ProStocks KeyStone back office.
ProStocks has multiple pricing plans available to suit the trading needs of the customer. The customers can change the pricing plans anytime by contacting the customer support desk.
Each NRI can purchase the maximum of 5% equity shares of listed company subject to overall limit for the listed equity shares of each company on repatriation benefit basis. NRI investment in equity shares of listed company without repatriation benefit is treated at par with Indian resident and there is no upper limit.
An intraday position trades are resulting from order types MIS and CO will be squared off at the pre specified time.
If an investor is willing to avail the services offered by Prostocks, then the investor has to open an account with Prostocks.
ProStocks provides Zero annual maintenance charges account. There are no account opening charges, no inactivity charges. It collects Rs.1000 refundable deposit.
Being a new entry in the financial industry but it is a legitimate safe and reliable stock broker. The firm has received a good market share in a short time period owing to its low-cost pricing, advanced trading platform and faster customer service.
You can download KRA modification form available at the download section of ProStocks website or take the first page from KYC which is a KRA form. Fill in the information that you wish to change besides the name and PAN number in the KRA form, sign it and attach the self-certified PAN Card Copy.
Client can pick and choose one or more segments from the list below: 1) NSE- Equity Cash Segment. 2) NSE- Equity Future and Options Segment. 3) NSE- Currency Futures and Options Segment. 4) BSE- Equity Cash Segment. 5) BSE- Equity Futures and Options Segment. 6) BSE- Currency Futures and Options Segment. Note: The customer is required to select atleast 1 trading segment at the time of account opening.
ProStocks DP ID is 12083200.
Prostocks provide SMS alert facility for demat account holders where by the investors can receive alerts for debits (transfers) to their demat accounts, credits for IPO and offer for sale allotment, sub-division and bonus.

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