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Zerodha Vs ProStocks Vs AxisDirect: Which one is better?

The brokerage of Zerodha ranges between Rs 20, the brokerage of ProStocks ranges between Rs 15, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Zerodha and ProStocks are a discount brokers where AxisDirect is a full service broker. Overall rating for Zerodha is 4.5, ProStocks is rated 4, AxisDirect is rated 3.5 out of 5.

Here we present side-by-side comparison of Zerodha vs ProStocks vs AxisDirect stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Zerodha vs ProStocks vs AxisDirect 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 Zerodha vs ProStocks vs AxisDirect in this setion with 360 degree view of broker information.

Compare Zerodha vs ProStocks vs AxisDirect on Service

  Zerodha Compare
Zerodha
ProStocks Compare
ProStocks
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE NSE, BSE
Broker Overview Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. 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 Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... Know more about AxisDirect
Broker Enquiry Request call back from Zerodha Request call back from ProStocks Request call back from Zerodha
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Account Opening Charges and AMC

Compare Zerodha vs ProStocks vs AxisDirect on Trading & Demat Account Opening Charges

In this section we have compared Zerodha vs ProStocks vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha and ProStocks offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Zerodha charges Rs 300 PA as AMC for Demat account, ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Zerodha vs ProStocks vs AxisDirect
Charges Zerodha ProStocks AxisDirect
Trading Account Opening Fees Free Free Rs 999
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 PA Rs 0 (Rs 1000 Refundable Deposit) Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Zerodha vs ProStocks vs AxisDirect on Plan Options

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

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

Account Opening

  Zerodha ProStocks Zerodha
Account Opening Request
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Brokerage Charges

Compare Zerodha vs ProStocks vs AxisDirecton Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare Zerodha vs ProStocks vs AxisDirect
Brokerage Charges Compare Zerodha ProStocks AxisDirect
Plan Name Max Rs 20 per order Trading Plan Flat Fee Rs 15 Trading Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery Free Free 0.50% (Each leg)
Equity Intraday 0.03% or Rs 20 whichever is lower Flat Fee Rs 15 0.05% (Each leg)
Equity Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 15 0.05% (Each leg)
Equity Options Flat Fee Rs 20 Flat Fee Rs 15 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 15 0.05% (Each Leg)
Currency Options Flat Fee Rs 20 Flat Fee Rs 15 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Flat Fee Rs 20 NA Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage NIL NA
Hidden Charges No No
Funding Info Not Available No Yes - 18% interest PA
Call & Trade Charges Rs 50 Per Executable Order Delivery Rs 25, Intraday and F&O Rs 10 per executed order Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Rs 50 Per Executable Order Delivery Rs 25, Intraday and F&O Rs 10 per executed order 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for ProStocks Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Zerodha vs ProStocks vs AxisDirect on Transaction Charges

Compare Zerodha vs ProStocks vs AxisDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare Zerodha vs ProStocks vs AxisDirect
Transaction Charges Compare Zerodha ProStocks AxisDirect
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 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for zerodha Complete Brokerage Plans for prostocks Complete Brokerage Plans for axisdirect
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Account Features

Compare Zerodha vs ProStocks vs AxisDirect on Account Features

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

Account Features - Zerodha vs ProStocks vs AxisDirect
Account Features Compare Zerodha ProStocks AxisDirect
3 in 1 Account No Zerodha have 2-in-1 account. Only Demate and Trading account. No Zerodha have 2-in-1 account. Only Demate and Trading account. Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes No
SMS Alerts No Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes No Yes
Margin Trading Funding Available No No Yes
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:20 PM 3:15PM 2:45 PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Zerodha vs ProStocks vs AxisDirecton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha vs ProStocks vs AxisDirect. 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 Zerodha vs ProStocks vs AxisDirect
Trading Platform Compare Zerodha ProStocks AxisDirect
Desktop Trading Platform NA Star ProStocks Ring
Desktop Demo Info Not Available Info Not Available Desktop Demo
Desktop Platform (Windows) No Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

Zerodha Kite Web

https://www.prostocksweb.com/

https://login.axisdirect.in/

Web Trading Demo Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Zerodha Kite App Star ProStocks AxisDirect Ring Mobile App
Mobile Trading App Demo Zerodha Kite App Demo Info Not Available AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Zerodha Kite App Download Andriod Star ProStocks Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Zerodha Kite App Download iOS Star ProStocks Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Zerodha Equity Intraday and Delivery Brokerage Calculator for ProStocks Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for ProStocks Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for prostocks Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Zerodha vs ProStocks vs AxisDirect on User Rating

  Zerodha ProStocks AxisDirect
  160 Customer Reviews    Rate Zerodha 4 Customer Reviews    Rate ProStocks 6 Customer Reviews    Rate AxisDirect
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Zerodha is Rated 3.9 / 5 based on 160 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare Zerodha vs ProStocks vs AxisDirect on Investment Offerings

Compare Zerodha vs ProStocks vs AxisDirect 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 - Zerodha and AxisDirect offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Zerodha and AxisDirect 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 Zerodha vs ProStocks vs AxisDirect
Investment Offerings Compare Zerodha ProStocks AxisDirect
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes No Yes
Online IPO Application Yes No Yes
Mutual Funds Yes No Yes
Bond / NCD Yes No Yes
ETF Yes Yes Yes
Banking No No Yes
Insurance No No Yes
Forex No No No
MF SIP Investment Yes No Yes
Equity SIP Investment Yes No Yes
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare Zerodha vs ProStocks vs AxisDirect on Order Types

Order Type - Compare Zerodha vs ProStocks vs AxisDirect 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) - ProStocks provides Bracket Orders (BO) facility where Zerodha and AxisDirect doesn't provides Bracket Orders. 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 Zerodha vs ProStocks vs AxisDirect
Order Type Compare Zerodha ProStocks AxisDirect
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order No Yes No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes Yes
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Customer Service Offered

Compare Zerodha vs ProStocks vs AxisDirect on Customer Service

Compare Zerodha vs ProStocks vs AxisDirect 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 Zerodha vs ProStocks vs AxisDirect
Customer Service Compare Zerodha ProStocks AxisDirect
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No Yes
Phone Support Yes Yes Yes
Toll Free Number No No Yes
Through Branches Yes No Yes
Customer Care Number "+ 91 80 4040 2020" +91-2262-434343 022-61480808
Account Opening Process Online/Paperless Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://zerodha.com/varsity/ https://www.prostocks.com/faq.html https://simplehai.axisdirect.in/learn/overview
Head Office Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website https://zerodha.com/ https://www.prostocks.com https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Zerodha vs ProStocks vs AxisDirect on Research Reports, Tips

Compare Zerodha vs ProStocks vs AxisDirect on research reports and tips provided by broker.

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

Compare Zerodha vs ProStocks vs AxisDirect on Demat Account

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

Demat Charges - Compare Zerodha vs ProStocks vs AxisDirect
  Zerodha ProStocks AxisDirect
DP Source CDSL CDSL CDSL
DP ID 81600 83200 49200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Free (₹1000 Refundable Deposit) ₹500 pa
Advance Deposit Nil 1000/- Refundable Deposit against charges Nil
Statutory charges ₹50 Nil Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction ₹20 per ISIN ₹10
Demat ₹150 per certificate + ₹100 courier charges ₹50 per set up + ₹50 courier charges ₹3 per certificate
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹50 per set up + ₹50 courier charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation ₹20 + ₹12 CSDL charges ₹50 ₹25
Pledge Creation Confirmation Nil Nil ₹25
Pledge Closure ₹20 + ₹12 CSDL charges ₹50 ₹25
Pledge Closure Confirmation Nil Nil ₹25
Pledge Invocation ₹20 ₹50 Nil
Failed Instruction Charges ₹50 per instraction ₹50 per transaction Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Zerodha vs ProStocks vs AxisDirect on Special Offers and Promotion

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

Compare Zerodha vs ProStocks vs AxisDirect on Special Offers and Promotion
  Zerodha ProStocks AxisDirect
Pay In and Pay Out Options pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
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
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Max 24 hrs except for bank holidays Upto 24 Hrs except Bank Holidays. Instant to Axis Bank.
Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms. NA
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Direct from your Axis bank account.
Likes

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

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...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Dislikes
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

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...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. 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. Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for Zerodha Enquire for ProStocks Enquire for AxisDirect

Last Updated on 2024-07-02T01:41:09+00:00