Prostocks Brokerage Charges, Margin, Trading Policy and Review 2021

ProStocks Broker Review 2021

S.P. Toshniwal Incorporated Sunlight Broking LLP in 2016, Pro Stocks is an online Discount Broking Brand by Sunlight Broking LLP.

ProStocks provide trading Facilities in EQUITY & CURRENCY market.Prostocks offer CDSL DP to its clients.Prostocks offer trading services at very low brokerage fees in comparison to other traditional broker.

Prostocks offer lowest transaction fees by not charging PCM (Professional Clearing Member) charges. Its stamp duty charges also lowest in the Industry. Their offices in Mumbai and Daman so for Mumbai client stamp duty as per Maharashtra state for other clients as per Daman and Diu which is lowest Rs 50 per day.

Prostocks offer three different type of accounts Flats Brokerage or Unlimited Monthly Plan or Unlimited Year Plan. With Aadhar Number you can open online account without paper work.

Zero Brokerage Demat Account

Promoter

• S P Toshniwal – Founder& CEO of Prostocks. He is chartered accountant by qualification.
• Saurabh Ranka – Founder of Prostocks . He is Chartered Accountant & Company Secretary.

Prostocks Presence:

1. Maharastra
2. Daman

Account Opening

• Trading Account Opening Fee – Rs 0
• Brokerage Account AMC – RS 0
• Demat Account Opening Fee – Rs 0
• Demat Account AMC – Rs 0

Brokerage:

• Monthly Fee – Nil
• Equity Delivery – Flat Rs 15 per executed order NSE , BSE

– Rs 899 Monthly Unlimited Trading NSE, BSE

• Equity Intraday – Flat Rs 15 per executed order NSE , BSE

– Rs 899 Monthly Unlimited Trading NSE, BSE

• Future & Option – Flat Rs 15 per executed order NSE , BSE

– Rs 899 Monthly Unlimited Trading NSE, BSE

• Currency Future & Option – Flat Rs 15 per executed order NSE , BSE

– Rs 899 Monthly Unlimited Trading NSE, BSE

• Commodity – NA

Turnover Charges:

• Equity Delivery – Rs 310 Per Cr.
• Equity Intraday – Rs 325 Per Cr.
• Future – Rs 190 Per Cr.
• Option – Rs 5000 Per Cr.
• Currency Future – Rs 95 Per Cr
• Currency Options – Rs 4000 Per Cr.
• Commodity – NA.

Other Charges

• Minimum Brokerage – Rs 15
• Call N Trade Charges – Rs 10 Per Order
• Dp Slip Charges – Rs 13.5 Per Scrip
• Stamp Duty – Max Rs 50 Stamp Duty ( except Maharashtra & Rajasthan Customer )

Prostocks Margin / Exposures / Intraday Leverage

• Equity Intraday – Upto5 Times
• Equity Delivery – No Delivery Leverage
• Future – Upto2 times with BO/CO Product ( Intraday )
• Option – NO
• Currency Future – Upto2 times ( Intraday )
• Currnecy Option – Upto2 Times on Short Position with BO/CO ( Intraday )
• Commodity – Upto 3 Times ( Intraday ) with BO/CO

Prostocks Trading Platform

Prostck Desktop

Prostocks Desktop Trading platform designed for traders as well as investor. It offers you professional charting tools  help you out to calculated fast and trade. Prostocks risk management tool allow customers to trade easily and control their risk.

Key Features of Prostocks Platform are:

• Fully Customise trading application – set default screen colour as per users.
• Customize trading windows to trade faster
• Multiple market watch
• Multiple indices based market watch
• No Restriction no number of script in market watch
• Spread market watch
• Real time trading chart
• Real time historical chart and intraday chart
• 7 days intraday chart
• Customers can de
• Live and Streaming  market feeds
• Bank transfer available with 40+ banks.
• Real time margin – alert for margin changes.
• One click trades.
• Keyboard shortcuts like desktop, you can use shortcuts for trade in browser.
• Trade on all exchanges & all segments with a single sign-in.
• Real time quotes.
• Instant notifications.
• Account balance, historical reports, daily order status reports and much more.

Prostocks Mobile App

Prostocks Mobile app available on Android as well as Iphone. App allowed to Open Paperless trading account with Upstox once you downloaded from App store / PlayStore.

Android

• 5 Thousand downloads
• 3 Rating by 83user

IOS (IPHONE)

• 2 Rating by 5user

Prostocks mobile app.

• Easily search for stocks, even the complex ones.
• Access all NSE cash, Futures and Options and Currencies scrips.
• Create charts with multiple intervals, drawing studies and types.
• Apply 100+ technical indicators on real-time charts.

Customer Service & Support

• Online Customer Care support
• Email Support

Other Product and Services

• Online Mutual Fund Platform
• Trade Academy – Educational platform by Upstox
• Upstox DEV WEB API
• Fox Trader partnered with Reliable Software ( Charged base )
• Dartstock Partnered with iDarts

Pros

• Lowest Call n Trade Charges
• Lowest Brokerage Rs 15 Flat per Order
• Provide Own Demat Account
• Lowest Trading cost NO PCM Fees
• Fully Online account opening
• Free account opening

Cons

• No Branch Support
• No provision for Online IPO , FPO
• Average Customer Service
• GTC not available
• No Advisory or Research Report.

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