FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Finvasia Vs Upstox Vs ProStocks: Which one is better?

The brokerage of Finvasia ranges between Rs 0, the brokerage of Upstox ranges between Rs 20, while the brokerage of ProStocks ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for Finvasia is 4, Upstox is rated 4.5, ProStocks is rated 4 out of 5.

Here we present side-by-side comparison of Finvasia vs Upstox vs ProStocks stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs Upstox vs ProStocks on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Finvasia vs Upstox vs ProStocks in this setion with 360 degree view of broker information.

Compare Finvasia vs Upstox vs ProStocks on Service

  Finvasia Compare
Finvasia
Upstox Compare
Upstox
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX NSE, BSE
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... Know more about ProStocks
Broker Enquiry Request call back from Zerodha Request call back from Upstox Request call back from ProStocks
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Account Opening Charges and AMC

Compare Finvasia vs Upstox vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared Finvasia vs Upstox vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and ProStocks offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Upstox charges Free AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia vs Upstox vs ProStocks
Charges Finvasia Upstox ProStocks
Trading Account Opening Fees Free Promotion offer: Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Free Free Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Finvasia vs Upstox vs ProStocks on Plan Options

Plans are the most important feature you look when compare Finvasia vs Upstox vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks offers Multiple Plans where Finvasia and Upstox doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where Finvasia and Upstox doesn't offer.

Compare Finvasia vs Upstox vs ProStocks on Plan Options
Plan Types Finvasia Upstox ProStocks
Multiple Plans No No Yes
Monthly Plans No No Yes
Yearly Plans No No Yes
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Account Opening Request

Account Opening

  Zerodha Upstox ProStocks
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Upstox vs ProStockson Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Brokerage Charges - Compare Finvasia vs Upstox vs ProStocks
Brokerage Charges Compare Finvasia Upstox ProStocks
Plan Name Zero Brokerage Trading Plan Max Rs 20 Per Order Trading Plan Flat Fee Rs 15 Trading Plan
Equity Delivery Rs 0 2.5% or Rs 20 whichever is lower Free
Equity Intraday Rs 0 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures Rs 0 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Options Rs 0 Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures Rs 0 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options Rs 0 Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Rs 0 Flat Fee Rs 20 NA
Minimum Brokerage NA NA
Hidden Charges No Info Not Available
Funding Yes, 24% interest PA Info Not Available No
Call & Trade Charges Free Rs 50 + 18% GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges Free Rs 50 + 18% GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Upstox Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Finvasia vs Upstox vs ProStocks on Transaction Charges

Compare Finvasia vs Upstox vs ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia vs Upstox vs ProStocks
Transaction Charges Compare Finvasia Upstox ProStocks
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for upstox Complete Brokerage Plans for prostocks
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Account Features

Compare Finvasia vs Upstox vs ProStocks on Account Features

Compare Finvasia vs Upstox vs ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where Finvasia and ProStocks offers only 2-in-1 account which includes trading and demat account. Margin Funding - Upstox offers margin funding where Finvasia and ProStocks doesn't offers margin funding. NRI Trading - Finvasia and ProStocks offers NRI Trading where Upstox doesn't offers NRI Trading.

Account Features - Finvasia vs Upstox vs ProStocks
Account Features Compare Finvasia Upstox ProStocks
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. Yes, Finvasia have 3-in-1 accounts. Bank Account, Demat and Trading account. No ProStocks have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts No Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available No Yes No
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15 PM 3:15PM 3:15PM
NRI Trading Yes No Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Finvasia vs Upstox vs ProStockson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Upstox vs ProStocks. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Finvasia vs Upstox vs ProStocks
Trading Platform Compare Finvasia Upstox ProStocks
Desktop Trading Platform OMNESYS NEST Upstox Pro Star ProStocks
Desktop Demo Info Not Available Info Not Available Info Not Available
Desktop Platform (Windows) Yes No Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://trade.finvasia.com/

https://pro.upstox.com/

https://www.prostocksweb.com/

Web Trading Demo Info Not Available Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App SCALPERT Upstox Star ProStocks
Mobile Trading App Demo SCALPERT Demo Upstox Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod SCALPERT Download Andriod Upstox Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download Info Not Available iOS Upstox Download iOS Star ProStocks Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Upstox Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Upstox Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for upstox Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Finvasia vs Upstox vs ProStocks on User Rating

  Finvasia Upstox ProStocks
  17 Customer Reviews    Rate Finvasia 12 Customer Reviews    Rate Upstox 4 Customer Reviews    Rate ProStocks
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare Finvasia vs Upstox vs ProStocks on Investment Offerings

Compare Finvasia vs Upstox vs ProStocks on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Finvasia and Upstox offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Finvasia and Upstox offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare Finvasia vs Upstox vs ProStocks
Investment Offerings Compare Finvasia Upstox ProStocks
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes No
Online IPO Application Yes Yes No
Mutual Funds Yes Yes No
Bond / NCD Yes No No
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex No No No
MF SIP Investment Yes Yes No
Equity SIP Investment No Yes No
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare Finvasia vs Upstox vs ProStocks on Order Types

Order Type - Compare Finvasia vs Upstox vs ProStocks on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Upstox and ProStocks offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.

Order Types - Compare Finvasia vs Upstox vs ProStocks
Order Type Compare Finvasia Upstox ProStocks
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled No Yes Yes
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Customer Service Offered

Compare Finvasia vs Upstox vs ProStocks on Customer Service

Compare Finvasia vs Upstox vs ProStocks on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Finvasia vs Upstox vs ProStocks
Customer Service Compare Finvasia Upstox ProStocks
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No Yes No
Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 +91 22 6130 9999 +91-2262-434343
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected]/[email protected] [email protected] [email protected]
Knowledge Center/Education https://finvasia.com/announcements https://upstox.com/help-center/ https://www.prostocks.com/faq.html
Head Office Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website https://www.finvasia.com/ https://upstox.com/ https://www.prostocks.com
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Tips/Research/Reports Published

Compare Finvasia vs Upstox vs ProStocks on Research Reports, Tips

Compare Finvasia vs Upstox vs ProStocks on research reports and tips provided by broker.

Research Reports - Compare Finvasia vs Upstox vs ProStocks
  Finvasia Upstox ProStocks
Research Mutual Funds No No No
Research Equity Reports No No No
Research ETF No No No
Daily Market Report No No No
Free Tips No No No
Quarterly Result Analysis No No No
News Alerts No No No
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Demat Account

Compare Finvasia vs Upstox vs ProStocks on Demat Account

Compare Finvasia vs Upstox vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Finvasia vs Upstox vs ProStocks
  Finvasia Upstox ProStocks
DP Source CDSL CDSL CDSL
DP ID 84300 81800 83200
Demat Account Annual Maintenance Charges(AMC) Free ₹300 PA Free (₹1000 Refundable Deposit)
Advance Deposit Rs 0 NIL 1000/- Refundable Deposit against charges
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹13 + ₹5.50 CDSL charges ₹20 per ISIN
Demat ₹15 per certificate ₹20 + ₹50 courier charges ₹50 per set up + ₹50 courier charges
Remat ₹15 for every hundred securities + CDSL Charges ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹50 per set up + ₹50 courier charges
Pledge Creation ₹25 per transaction 0.02% of the transaction value (Min ₹50) + CDSL charges ₹50
Pledge Creation Confirmation NIL 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Closure ₹25 per transaction 0.02% of the transaction value (Min ₹50) + CDSL charges ₹50
Pledge Closure Confirmation NIL 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Invocation ₹19 per transaction 0.05% of the transaction value (Min ₹50) ₹50
Failed Instruction Charges ₹49 ₹50 ₹50 per transaction
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Upstox vs ProStocks on Special Offers and Promotion

Compare Finvasia vs Upstox vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs Upstox vs ProStocks on Special Offers and Promotion
  Finvasia Upstox ProStocks
Pay In and Pay Out Options Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Up to 24 hrs except for bank holidays. Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

Detail Review...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
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Last Updated on 2023-09-05T02:25:49+00:00