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Comparision (Prostocks VS Upstox)

 

Prostocks Vs Upstox

Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Prostocks Vs Upstox - Broker Details

Prostocks Upstox
Single Margin Facility NO
Year of Incorporation 2016 2012
Exchanges BSE and NSE BSE, NSE and MCX
Branches 2 45
Brokerage Rs.15 Per Executed Order. Rs.20/Order or 0.05%
Broker Type Discount Broker Discount Broker
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Prostocks Vs Upstox - Account Opening & AMC Charges

Prostocks Upstox
Trading Account Opening Charge Rs.0 (Free) Rs.249
Demat Account Opening Charge Rs.0 (Free) ₹0 (Free)
Demat Account AMC Rs.0 (Free) Rs.300/yearly
Trading Account AMC Rs.0 (Free) Rs.0 (Free)
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Prostocks Vs Upstox - Brokerage charges & Plans

Prostocks Upstox
Commodity Futures - Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Futures Rs.15 Per Executed Order. Rs. 20 per executed order or 0.05% (whichever is lower)
Equity Delivery Rs.0(free) Zero brokerage
Equity Options Rs.15 Per Executed Order. Flat Rs. 20 per executed order.
Commodity Options - Flat Rs. 20 per executed order.
Equity Futures Rs.15 Per Executed Order. Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Options Rs.15 Per Executed Order. Flat Rs. 20 per executed order.
Fixed Charges Rs.15 Per Executed Order. Rs. 20/Order
Equity Intraday Rs.15 Per Executed Order. Rs. 20 per executed order or 0.05% (whichever is lower)
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Prostocks Vs Upstox - Other Charges

Prostocks Upstox
RMS Square Off Charge Intraday and F&O: Rs.10 per trade. Delivery: Rs.25 per trade. Rs. 20 per order+ GST
API Charges Does not provide API ₹ 750 * per month
Call & Trade Charges Intraday and F&O: Rs.10 per trade. Delivery: Rs.25 per trade. Rs. 20 per order+ GST
Other Brokerage Charges Rs.15 Per Executed Order. Rs.20/Order or 0.05%
Minimum Brokerage Rs.15 Per Executed Order. Rs.20/order
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Prostocks Vs Upstox - Transaction Charges

Prostocks Upstox
Currency Options NSE: Rs.4,000 per Crore BSE: Rs.100 per Crore NSE: Exchange turnover charge: 0.04% Clearing charge: 0.025% BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures NSE: Rs.190 per Crore BSE: Rs.50 per Crore NSE: Exchange turnover charge: 0.0020%: Clearing charge: 0.0002%
Equity Intraday NSE: Rs.325 per Crore BSE: Rs.300 per Crore NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group
Equity Options NSE: Rs.5,000 per Crore BSE: Rs.2,500 per Crore NSE: Exchange turnover charge: 0.053% Clearing charge: 0.005%
Commodity - Non-Agri: Exchange turnover charge: 0.0026% Clearing charge: 0.0005%
Currency Futures NSE: Rs.90 per Crore BSE: Rs.22 per Crore NSE: Exchange turnover charge: 0.0009% Clearing charge: 0.0004% BSE: Exchange turnover charge: 0.00022% Clearing charge: 0.0004%
Equity Delivery NSE: Rs.325 per Crore BSE: Rs.300 per Crore NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group
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Prostocks Vs Upstox - Margin (Exposure)

Prostocks Upstox
Equity Options Upto 1.5 times Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday Up to 10 times Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Currency Options 1x (no margin) NRML Basic: 3x | Priority: 4x
Commodity Options 1x (no margin) NRML 2 times
Commodity Futures 1x (no margin) NRML Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery 1x (no margin) No extra margins provided
Currency Futures 1x (no margin) NRML Basic:3x | Priority:4x |
Equity Futures Upto 1.5 times Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
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Prostocks Vs Upstox - Features

Prostocks Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time 3:15 3:15
Trading Platform 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator.
SMS Alerts for Trades
Direct Mutual Fund
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Prostocks Vs Upstox - Review & Rating

Prostocks Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Prostocks is rated 3.4 of 5 Upstox is rated 3.9 of 5
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Prostocks Vs Upstox - Request a call back from Broker

Prostocks Upstox
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Prostocks Vs Upstox - Investment Options

Prostocks Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Prostocks Vs Upstox - Order Type

Prostocks Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Prostocks Vs Upstox - Research & Report

Prostocks Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Prostocks Vs Upstox - Daily Market Report

Prostocks Upstox
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Prostocks Vs Upstox - Suitable For Investor

Prostocks Upstox
Casual Investor
Active Investor
Trader
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Prostocks Vs Upstox - Pros & Cons

Prostocks Upstox
Pros 1. The demat account opens with ₹0 AMC on paying a one-time refundable deposit of ₹1000. 2. It charges low transaction charge as it do not include PCM fees to it unlike the most of the other discount brokers like Zerodha and RKSV. 3. It provides the online IPO application facility i.e. the customers can apply for IPO’s directly with the ProStocks account. 4. The stock broker facilitates its customers with the 2-in-1 account to carry transaction seamlessly. 5. It provides the best and fully functional trading platforms in the industry. 6. It provides exceptionally the best customer services. 7. It provides 24*7 customer service by using the Advance Interactive Voice Response. 8. The stock broker provides 10% brokerage referral for the customers referred by the client. • Brokerage free trading in Equity delivery segment, which means customer need not to pay any brokerage for delivery trades in equity. • For customers convenience, mobile trading app is available for both android and IOS platforms without any further software charges. • Both web and mobile has After Market Order (AMO), Cover Order (CO) or One Cancel OTHER (OCO) order. • Availability of stop loss in both web and mobile. • Availability of multiple indicators to monitor market. • Upstox bridge for Amibroker helps to code and execute the trading strategies. • Developer console from Upstox helps to build your own trading app. • Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. • Availability of Margin against shares. • For higher leverage, customers can opt for Priority Brokerage Package.
Cons 1. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility. • Unavailability of unlimited monthly trading plans. • Extra charge of call and trade fee on per executed order. • In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. • In the basic plan of Upstox, brokerage free trading can be availed only in Equity Delivery Segment. For rest of the segments, brokerage is charged at ₹ 20 or lower per trade. • Even though Upstox basic plan provide brokerage free trading, still demat transaction charges has to be paid by the customer. In fact, if we compare the demat debit transaction charges of Upstox (₹21.83) with other discount brokers (₹15.93), it turns out to be really high. • No provision for stock tips and recommendations. • Unavailability of 3 in 1 account as company doesn’t provide banking services. • Customer support is time constraint. • From Jan 2018 Upstox NRI trading and demat accounts are no longer available. • Unavailability of margin funding on delivery trades.
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Prostocks Vs Upstox - Background

Prostocks Upstox
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Prostocks Vs Upstox - Compare All Brokers

Prostocks Upstox
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Prostocks Vs Upstox - Account Opening & AMC Charges

Prostocks
Upstox
Trading Account Opening Charge
Rs.0 (Free)
Rs.249
Demat Account Opening Charge
Rs.0 (Free)
₹0 (Free)
Demat Account AMC
Rs.0 (Free)
Rs.300/yearly
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)
 
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Prostocks Vs Upstox

Prostocks Upstox
 

ProStocks NRI Account Opening, Charges, Services Review

ProStocks is one of the fastest growing online Stock brokers in India. The firm provides low cost flat fee trading plans to the traders and investors. It provides various advanced trading platforms to the inv ..
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Upstox NRI Account Opening, Charges, Services Review

Upstox is one of the most popular discount brokers in the country and a large amount of people are interested in trading through it including not only who resides inside the country but also who live outside the country i.e. NRIs.

NRI Trading Account
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Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Prostocks Vs Upstox - Brokerage charges & Plans

Prostocks Upstox
Commodity Futures - Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Futures Rs.15 Per Executed Order. Rs. 20 per executed order or 0.05% (whichever is lower)
Equity Delivery Rs.0(free) Zero brokerage
Equity Options Rs.15 Per Executed Order. Flat Rs. 20 per executed order.
Commodity Options - Flat Rs. 20 per executed order.
Equity Futures Rs.15 Per Executed Order. Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Options Rs.15 Per Executed Order. Flat Rs. 20 per executed order.
Fixed Charges Rs.15 Per Executed Order. Rs. 20/Order
Equity Intraday Rs.15 Per Executed Order. Rs. 20 per executed order or 0.05% (whichever is lower)
Enquiry with Prostocks   Open Account Enquiry with Upstox   Open Account

Prostocks Vs Upstox - Margin (Exposure)

Prostocks Upstox
Equity Options Upto 1.5 times Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday Up to 10 times Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Currency Options 1x (no margin) NRML Basic: 3x | Priority: 4x
Commodity Options 1x (no margin) NRML 2 times
Commodity Futures 1x (no margin) NRML Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery 1x (no margin) No extra margins provided
Currency Futures 1x (no margin) NRML Basic:3x | Priority:4x |
Equity Futures Upto 1.5 times Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Enquiry with Prostocks   Open Account Enquiry with Upstox   Open Account

Prostocks Vs Upstox - Other Charges

Prostocks Upstox
RMS Square Off Charge Intraday and F&O: Rs.10 per trade. Delivery: Rs.25 per trade. Rs. 20 per order+ GST
API Charges Does not provide API ₹ 750 * per month
Call & Trade Charges Intraday and F&O: Rs.10 per trade. Delivery: Rs.25 per trade. Rs. 20 per order+ GST
Other Brokerage Charges Rs.15 Per Executed Order. Rs.20/Order or 0.05%
Minimum Brokerage Rs.15 Per Executed Order. Rs.20/order
Enquiry with Prostocks   Open Account Enquiry with Upstox   Open Account

Prostocks Vs Upstox - Features

Prostocks Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time 3:15 3:15
Trading Platform 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator.
SMS Alerts for Trades
Direct Mutual Fund
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Prostocks

Upstox