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Comparision (Upstox VS Prostocks)

Upstox Vs Prostocks

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
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 Vs Prostocks - Broker Details

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

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

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

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

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

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

Upstox Prostocks
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. 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. 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now.
SMS Alerts for Trades
Direct Mutual Fund
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Upstox Vs Prostocks - Review & Rating

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

Upstox Prostocks
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Upstox Vs Prostocks - Investment Options

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

Upstox Prostocks
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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Upstox Vs Prostocks - Research & Report

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

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

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

Upstox Prostocks
Pros • 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. 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.
Cons • 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. 1. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility.
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Upstox Vs Prostocks - Background

Upstox Prostocks
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Upstox Vs Prostocks - Compare All Brokers

Upstox Prostocks
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Upstox Vs Prostocks - Account Opening & AMC Charges

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

Upstox Prostocks
 

Upstox NRI Account Opening

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
+ " Vs "+ Prostocks
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ProStocks NRI Account

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 investors. All the trading software and tool are available for free. The stockbroker provides excellent risk management facility, customer service and client focus. These qualitie ..
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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 Vs Prostocks - Brokerage charges & Plans

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

Upstox Vs Prostocks - Margin (Exposure)

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

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

Upstox Vs Prostocks - Features

Upstox Prostocks
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. 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. 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now.
SMS Alerts for Trades
Direct Mutual Fund
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Upstox

Prostocks