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ProStocks Margin/Exposure Limit for Intraday and Futures

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

  • Life

    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 Margin/Exposure Limit for Intraday and Futures

ProStocks is the Mumbai-based online stock broker that was incorporated in 2016. It is a complete online broking company that offers convenient trading at the very economical rates. The firm offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives across NSE and BSE.
The Stock broker provides the cheapest call and trade amount as compared to other discount brokers. It offers trading through the dealer by charging an additional amount of ₹10 per trade.

ProStocks Margin Limit
ProStocks offers excellent exposure facility to the traders. The leverage facility provided by the company allows the traders to trade multiple times more than the funds available in their account and earn more profits. The exposure limit depends on the segment and earns more profits.

Margin Policy:
1. The exposure facility is provided only to the Intraday traders. It provides no margin funding for delivery trades.
2. All the Intraday orders are required to squared off before the market gets closed.
3. It provides a higher margin on trades with Cover Order for the Equity Trades. The cover order facility is not available in the Equity derivatives.


The exposure and permitted stocks may differ on volatile days from the beginning of the day and during the day. The table below shows the ProStocks Margin Limit. 

Product Type

Order Description

Product Purpose

Segments

Exposure

Permitted Stocks

CNC

Cash and Carry

Delivery

Equity Cash Segment

1X

All stocks except illiquid, Z group, T2T,penny stocks, etc.

MIS

Margin Intraday Square Off

Intraday Leverage

Equity Cash Segment

7X subject to Var and ELM

Nifty 500, Sensex30, Stocks in F&O, NSE 200 and BSE 200

CO

Cover Order

Intraday Leverage

Equity Cash Segment

10X subject to Value at Risk (Var) and Extreme Loss Margin (ELM)

Nifty 500, Sensex30, all stocks in F&O

NRML

Regular

Carry forward

Equity and Currency F&O

1X

All stocks and currency in FNO and CDS Segment

MIS

Margin Intraday Square Off

Intraday Leverage

Equity F&O

1.5X

All Stocks in Equity FNO except buy Option

 


Conclusion
ProStocks focus on providing low cost to its customers with the best execution services. It is a complete internet-based organization. The multiple plans such as Monthly and Yearly plan is its Unique Selling Point. It is best for the traders who are willing to do big trades in the market. The traders can save huge amount in stamp duty and PCM fees. The Stock broker constantly focus on improving the user experience and will overcome the consideration in the short time period.

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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