FREE Account Opening + Zero AMC Fees* + MutualFund SIP1

Prostocks Account Opening Process, Charges and Reviews 2024

Rated 4/5 by InvestorGain Team
ProStocks Account Opening
ProStocks Offers Free delivery trade and flat Rs 15 per order for Intraday and F&O.
Unlimited monthly plan for Algo Traders.

ProStocks offers a 2-in-1 account (demat and trading) with the best subscription plans. Users can instantly open a ProStocks Demat account online through the ProStocks Star mobile app and the ProStocks Star website. Once you register with Prostocks, you can easily access the various trading platforms, tools, and products. Through them, you can trade in all segments, such as: Stocks, Derivatives, Currencies, etc. trade and be able to invest in a wide range of investment products. The main advantage of ProStocks account is its unlimited monthly plan at very low fees. ProStocks is the popular stock broker in the Indian brokerage industry and thus also a reliable and secure broker for trading and investing.

ProStocks Account Opening Charges

Trading Account Opening ChargesFree
Trading AMCFree
Demat Account Opening ChargesFree
Demat AMCRs 0 (Rs 1000 Refundable Deposit)

Open ProStocks Account

You can open a ProStocks account through the trading app or the website. It's a quick, simple and straightforward process. And now, promotional offers allow us to open a ProStocks account for free. Let's start with opening a ProStocks account so you can start trading on the Indian stock market as soon as possible.

Online Account Opening Process

  • Visit ProStocks official website by clicking on this given link:  Open ProStock Account From Here 
  • Click on “Fill Online Application”.
  • Now complete the form by filling up the required information.
  • Hit the “Generate OTP” button.
  • Upload the PAN Card, Aadhar Card and your live photo.
  • Complete the KYC process.
  • Process the final “Digital Siging” process

As you follow all these processes step by step, your account will get activated in a few minutes when your details are verified by this stockbroker. And your login ID and password will send on your smartphone. After that, you can start trading and investment by login the ProStocks account in ProStocks Star trading app or website.

Login ProStocks Account

Offline Account Opening Process

  • Visits ProStocks official website by clicking on this given link : ProStocks Offline Account Opening Form 
  • Download the 2-in-1 Account opening form.
  • Fill up this form carefully.
  • Attach the required documents with this form.
  • Courier this form to the registered address of the ProStocks office.

Once your application gets received by the ProStocks, you will be notified by E-mail address and telephonic call. Thus you can open your trading and Demat account in ProStocks.

Documents for ProStocks Account

ProStocks required a following list of documents for opening a Demat and Trading account :

  • Aadhaar Card
  • Pan Card
  • Passport size photo.
  • E-mail ID
  • Cancelled cheque printed with account holder name

For equity and currency derivatives, users must have one of the documents from the given list

  • Bank account statement of last 6 months.
  • Salary Slip / Annual Slip
  • Copy of ITR acknowledgement / form 16

Benefits of Opening an account in ProStocks

  • Online account opening facility.
  • Refundable deposit for Demat account, So it can be considered as Free Demat AMC.
  • Reliable and safe stock broker.
  • User-friendly interface and experience of its trading application.
  • Variety of investment and trading products.
  • Minor Demat account facility
  • a

Process to close Prostocks Account

If you are no longer interested in the ProStocks Demat account or trading activities. Then you are absolutely free to close your ProStocks Demat account at any time and in any situation. ProStocks does not charge any fees for closing your account. Follow the process to close your ProStocks account.

  • Download the ProStocks account closure form by this  link: ProStocks Account Clsoure Form
  • Fill up this form carefully and attached all the required documents.
  • After that courier this form to the ProStocks’ registered office.

Once your account account request form received by the ProStocks’ officials and all the given information provided by you is verified completely then you will shortly get message of deactivation of your Demat and Trading account. And you will be refunded the Rs 1000 in your bank account that was taken by you at the time of opening a Demat account by the ProStock.

Check the following point before account closing request, So that your request can not be rejected by the broker

  • There should be no shares/securities in the demat account; if there are, you must transfer them to another demat account. You can get a receipt for this service at DIS. DP.
  • The account should not have a negative balance.
  • All outstanding payments and settlements must be cleared.
  • If you have a joint demat account, approval from all members is required.

Is ProStocks Good and Reliable Broker?

For Trader, the brokerage is excellent, but the company is missing on margin/leverage policy. On Trading terminals and tools Prostocks are rated average, they have inhouse tool as well as NSE Now pltform for trading/investment , Missing Cover orders and bracket orders features with high leverage to traders. Customer support is key value addition and strong point for Prostocks. In summary, Prostocks need to come out with traditional brokerage house mentality and invest/focus in technologies and improve margin/leverage policy.

New Account Opening - How to join ProStocks?

To open a new trading account with Prostocks, Please provide your contact details and Prostocks representative will connect you ASAP to explain the process. As opening a new account with Prostocks is a paperless process (on your choice, you can opt for form base application also), so with the guidance of Prostocks representative, you will be directed to next steps.

Request call back from ProStocks

New Account Opening offers with ProStocks

Prostocks offer - To open a new trading account with Prostocks company is giving free trading and demat account opening facility.

ProStocks Promo Code

To open a new trading and demat account with Prostocks there is no promo code available.

ProStocks Referral Code

Prostocks referral - 10% referral bonus.

    In this section we have covered most frequest scenario you have about new account opening. Does ProStocks have any promo code? Does ProStocks have any special Offers? What are the refferal benefit with ProStocks if I refer my friends or family? How can I start my trade with ProStocks? Is ProStocks good and reliable?


Yes, opening an integrated trading and demat account with ProStocks is free as you don’t have to pay any account opening fee to the broker. Not only the account opening but the discount broker does not even charge any demat account maintenance fee from customers.


Open an Instant ProStocks account online following the Aadhaar-integrated digital/paperless process that takes no longer than 15 minutes to complete the account opening journey.

  1. Head to ProStocks website and click on the “Open Instant Account” option.
  2. Register with your PAN card details and mobile number, and validate with OTP.
  3. Enter PAN details and personal details.
  4. Register a bank account for the fund transfer to and from ProStocks trading account.
  5. Submit documents.
  6. Complete the in-person verification (IPV) process.

Once all the documents and IPV details are received by the broker, the team will activate your account and send ProStocks account credentials to you.


Opening an account with ProStocks is completely paperless and if you are a KRA KYC-verified client, the account will be activated instantly on the same day. However, if you are not a KRA KYC verified customer, then once the broker receives the documents and details are found valid then your account will be activated up to 4 working hours and you can start trading online from the next trading day.


Once you have furnished all the details in the account opening form online and the broker found all the details and documents valid then ProStocks trading account will be activated. The broker will share user details including user ID/client code and password on your email.

Traders can use the details to login across any of the ProStocks platform including Star app, Star web, and desktop trading terminal.


If you are no more engaged in trading and investing, not satisfied with ProStocks services, or looking to open an account with a different broker then you can close your trading and demat account with Prostocks. You can close your ProStocks account offline by sending a duly filled account closure form to the broker. You can download the ProStocks trading and demat account closure form from the broker’s website.

Once the broker receives the closure request, a customer service representative will call you for confirmation and close your account. At the time you chose to close your account in ProStocks, Rs 1000 refundable demat AMC will be credited back to the linked bank account.


ProStocks customers are allowed to trade in equity intraday, equity delivery, equity futures, equity options, currency futures, and currency options at BSE and NSE. Customers can activate the trading segment online by submitting the duly filled segment activation form to ProStocks customer email at [email protected].

You can get the ProStocks segment activation form the broker’s website under the download option.


Last Updated on 2023-09-07