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 | |
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Single Margin Facility | NO |
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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 |
Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Account Opening & AMC Charges
Upstox | Prostocks | |
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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) |
Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Brokerage charges & Plans
Upstox | Prostocks | |
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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 - Other Charges
Upstox | Prostocks | |
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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 - Transaction Charges
Upstox | Prostocks | |
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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 |
Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Margin (Exposure)
Upstox | Prostocks | |
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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 |
Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Features
Upstox | Prostocks | |
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Online Portfolio |
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Algo Trading |
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Margin Trading Facility |
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Call & Trade Facility |
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Referral Program |
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Collateral Margin |
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Online Demo |
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3 in 1 Account |
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Charting |
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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 |
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Direct Mutual Fund |
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Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Review & Rating
Upstox | Prostocks | |
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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 |
Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Request a call back from Broker
Upstox | Prostocks | |
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Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Investment Options
Upstox | Prostocks | |
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Currency |
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IPO |
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Commodity |
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Debt |
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Other Options |
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Stock Cash / Equity |
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Mutual Funds |
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Bond / NCD |
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Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Order Type
Upstox | Prostocks | |
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Bracket Order/BO/OCO |
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BTST |
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Cover Order/CO |
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Good Till Cancelled (GTC) |
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BUY ABOVE/SELL BELOW |
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After Market Order(AMO) |
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STBT |
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Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Research & Report
Upstox | Prostocks | |
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Free Tips |
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Quarterly Result Analysis |
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Daily Market Report |
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News Alerts |
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Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Daily Market Report
Upstox | Prostocks | |
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Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Suitable For Investor
Upstox | Prostocks | |
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Casual Investor |
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Active Investor |
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Trader |
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Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Pros & Cons
Upstox | Prostocks | |
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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. |
Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Background
Upstox | Prostocks | |
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Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Compare All Brokers
Upstox | Prostocks | |
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Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Account Opening & AMC Charges
Upstox Vs Prostocks
Upstox | Prostocks | |
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Upstox NRI Account OpeningUpstox 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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ProStocks NRI AccountProStocks 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 | |
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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 | |
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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 |
Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |
Upstox Vs Prostocks - Other Charges
Upstox | Prostocks | |
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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 | |
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Online Portfolio |
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Algo Trading |
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Margin Trading Facility |
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Call & Trade Facility |
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Referral Program |
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Collateral Margin |
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Online Demo |
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3 in 1 Account |
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Charting |
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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 |
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Direct Mutual Fund |
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Enquiry with Upstox Open Account | Enquiry with Prostocks Open Account |