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Motilal Oswal Vs Kotak Securities Vs ProStocks: Which one is better?

The brokerage of Motilal Oswal ranges between 0.02 to 0.20%, the brokerage of Kotak Securities ranges between Rs. 20 per order, while the brokerage of ProStocks ranges between Rs 15. The broker Motilal Oswal and Kotak Securities are full service brokers where ProStocks is a discount broker. Overall rating for Motilal Oswal is 4, Kotak Securities is rated 4, ProStocks is rated 4 out of 5.

Here we present side-by-side comparison of Motilal Oswal vs Kotak Securities 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 Motilal Oswal vs Kotak Securities 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 Motilal Oswal vs Kotak Securities vs ProStocks in this setion with 360 degree view of broker information.

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Service

  Motilal Oswal Compare
Motilal Oswal
Kotak Securities Compare
Kotak Securities
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview Extensive range of asset classes, award-winning research, personalized advisory services, great customer service, and dedicated MO Trader and MO Investor app are the key reasons that make Motilal Oswal an excellent broker for traders and investors. Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert...Know more about Kotak Securities 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 Kotak Securities Request call back from ProStocks
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Account Opening Charges and AMC

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared Motilal Oswal vs Kotak Securities vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal and ProStocks offer Free account opening where Kotak Securities charges Rs 99 for account opeing. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] as AMC for Demat account, Kotak Securities charges Rs 600 PA AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal vs Kotak Securities vs ProStocks
Charges Motilal Oswal Kotak Securities ProStocks
Trading Account Opening Fees Free Rs 99 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs 600 PA Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Plan Options

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

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Plan Options
Plan Types Motilal Oswal Kotak Securities ProStocks
Multiple Plans No Yes Yes
Monthly Plans No No Yes
Yearly Plans No No Yes
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Account Opening Request

Account Opening

  Zerodha Kotak Securities ProStocks
Account Opening Request
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Brokerage Charges

Compare Motilal Oswal vs Kotak Securities vs ProStockson Brokerage Charges

Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

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 Motilal Oswal vs Kotak Securities vs ProStocks
Brokerage Charges Compare Motilal Oswal Kotak Securities ProStocks
Plan Name Default Brokerage Plan Kotak Securities Trade Free Plan Flat Fee Rs 15 Trading Plan
Equity Delivery 0.20% 0.25% Free
Equity Intraday 0.02% Free Flat Fee Rs 15
Equity Futures 0.02% Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15
Equity Options Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 15
Currency Futures Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15
Currency Options Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre NA
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No No
Funding Yes - 18% interest PA 12.49% interest PA No
Call & Trade Charges NA 20 calls free and after that Rs 20 per call Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges NA 20 calls free and after that Rs 20 per call Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Kotak Securities Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Transaction Charges

Compare Motilal Oswal vs Kotak Securities vs ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal vs Kotak Securities vs ProStocks
Transaction Charges Compare Motilal Oswal Kotak Securities 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 motilal-oswal Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for prostocks
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Account Features

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Account Features

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

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

Compare Motilal Oswal vs Kotak Securities vs ProStockson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal vs Kotak Securities 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 Motilal Oswal vs Kotak Securities vs ProStocks
Trading Platform Compare Motilal Oswal Kotak Securities ProStocks
Desktop Trading Platform Orion Lite Neo Star ProStocks
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://power.motilaloswal.com/MOSL/userMaster/login

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

https://www.prostocksweb.com/

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No Yes
Mobile Trading Yes Yes Yes
Mobile Trading App MO Trader Kotak Neo Star ProStocks
Mobile Trading App Demo MO Trader Demo Kotak Neo Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod MO Trader Download Andriod Kotak Neo Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS MO Trader Download iOS Kotak Neo Download iOS Star ProStocks Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Motilal Oswal vs Kotak Securities vs ProStocks on User Rating

  Motilal Oswal Kotak Securities ProStocks
  57 Customer Reviews    Rate Motilal Oswal 82 Customer Reviews    Rate Kotak Securities 4 Customer Reviews    Rate ProStocks
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Investment Offerings

Compare Motilal Oswal vs Kotak Securities 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 - Motilal Oswal and Kotak Securities offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Motilal Oswal and Kotak Securities offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Motilal Oswal and Kotak Securities offers PMS facility where ProStocks doesn't offers PMS facility.

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

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Order Types

Order Type - Compare Motilal Oswal vs Kotak Securities 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 - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare Motilal Oswal vs Kotak Securities vs ProStocks
Order Type Compare Motilal Oswal Kotak Securities 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 Yes Yes Yes
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Customer Service Offered

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Customer Service

Compare Motilal Oswal vs Kotak Securities 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 Motilal Oswal vs Kotak Securities vs ProStocks
Customer Service Compare Motilal Oswal Kotak Securities ProStocks
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches Yes Yes No
Customer Care Number 022 40548000/022 67490600 1800 209 9191 +91-2262-434343
Account Opening Process Online/Paperless Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://edumo.motilaloswal.com/ https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.prostocks.com/faq.html
Head Office Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website https://www.motilaloswal.com/ https://www.kotaksecurities.com https://www.prostocks.com
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Tips/Research/Reports Published

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Research Reports, Tips

Compare Motilal Oswal vs Kotak Securities vs ProStocks on research reports and tips provided by broker.

Research Reports - Compare Motilal Oswal vs Kotak Securities vs ProStocks
  Motilal Oswal Kotak Securities ProStocks
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes No
Free Tips Yes Yes No
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Demat Account

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Motilal Oswal vs Kotak Securities vs ProStocks
  Motilal Oswal Kotak Securities ProStocks
DP Source CDSL CDSL CDSL
DP ID 10900 49200 83200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹780 pa Free (₹1000 Refundable Deposit)
Advance Deposit NIL NA 1000/- Refundable Deposit against charges
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.04% (Min ₹27) + CDSL charges ₹20 per ISIN
Demat ₹50 per certificate + ₹50 courier charges ₹3 per certificate + ₹50 courier charges ₹50 per set up + ₹50 courier charges
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹10 for every hundred securities (Min ₹15) ₹50 per set up + ₹50 courier charges
Pledge Creation ₹35 0.05% of transaction value (Min ₹30) ₹50
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30) Nil
Pledge Closure ₹35 0.05% of transaction value (Min ₹30) ₹50
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation ₹35 0.05% of transaction value (Min ₹30) ₹50
Failed Instruction Charges Nil Nil ₹50 per transaction
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Special Offers and Promotion

Compare Motilal Oswal vs Kotak Securities vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Motilal Oswal vs Kotak Securities vs ProStocks on Special Offers and Promotion
  Motilal Oswal Kotak Securities ProStocks
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from MO Desktop or MO Trader or MO Investor Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-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 Max 24 hrs except bank holidays. Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail Info Not Available Direct from your Kotak Mahindra bank account. SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes

There are enormous benefits or advantages of trading with Motilal Oswal. Here are the reasons that make it a good fit for both traders and investors;

  • Choice of asset classes i.e., equities, derivatives, commodities, and currencies.
  • Free Demat and trading account opening.
  • Zero maintenance fee for 1st year.
  • Free mobile app for traders (Trader App) and investors (Investor App).
  • Invest in mutual funds and IPOs for free.
  • Free research reports & recommendations.
  • Safe & secure fund transfer with 39+ banks.
  • Access features; StockSIP, IAP (Algorithm advisory), and improve my portfolio (PR).
  • Margin trading and margin against shares
  • Free call & trade service.
  • EDUMO (free learning platform) for beginners, intermediate, and advanced traders.

Detail Review...

  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

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

There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;

  • High brokerage charges
  • Unlike many full-service brokers like Kotak, ICICI, etc., Motilal Oswal does not have any flat discount brokerage plan.
  • You cannot open a 3-in-1 account, Demat + Trading + Bank A/c.
  • It only provides regular mutual fund schemes.

Detail Review...

  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

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 Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin) 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 2023-09-14T05:03:12+00:00