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Comparision (Upstox VS Prostocks)

 

Upstox Vs Prostocks

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Upstox Vs Prostocks - Broker Details

Upstox Prostocks
Single Margin Facility
Year of Incorporation 2009 2016
Exchanges BSE, NSE and MCX BSE and NSE
Branches Zero 2
Brokerage ₹20/ Order or 0.05% (Whichever is lower) ₹15/ Order
Broker Type Discount Broker Discount Broker

Upstox Vs Prostocks - Account Opening & AMC Charges

Upstox Prostocks
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Upstox Vs Prostocks - Brokerage charges & Plans

Upstox Prostocks
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹0
Equity Options ₹20/ Order ₹15/ Order
Commodity Options ₹20/ Order ₹15/ Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order
Currency Options ₹20/ Order ₹15/ Order
Fixed Charges ₹20/ Order ₹15/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order

Upstox Vs Prostocks - Other Charges

Upstox Prostocks
RMS Square Off Charge (₹50 + GST) Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade
API Charges ₹0 (Free) ₹1000/Month
Call & Trade Charges (₹50 + GST) Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹15/ Order
Minimum Brokerage ₹20/ Order ₹15/ Order

Upstox Vs Prostocks - Transaction Charges

Upstox Prostocks
Currency Options NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% NSE ₹4,000/Cr | BSE ₹100/Cr
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE ₹200/Cr | BSE ₹50/Cr
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE ₹345/Cr | BSE ₹345/Cr
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% NSE ₹5,300/Cr | BSE ₹2,500/Cr
Commodity Non-Agri: Exchange turnover charge: 0.0026% N/A
Currency Futures NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% NSE ₹90/Cr | BSE ₹22/Cr
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE ₹345/Cr | BSE ₹345/Cr

Upstox Vs Prostocks - Margin (Exposure)

Upstox Prostocks
Equity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Upstox Vs Prostocks - Features

Upstox Prostocks
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now.
SMS Alerts for Trades
Direct Mutual Fund

Upstox Vs Prostocks - Review & Rating

Upstox Prostocks
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Upstox Vs Prostocks - Request a call back from Broker

Upstox Prostocks

Upstox Vs Prostocks - Investment Options

Upstox Prostocks
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Upstox Vs Prostocks - Order Type

Upstox Prostocks
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Upstox Vs Prostocks - Research & Report

Upstox Prostocks
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Upstox Vs Prostocks - Daily Market Report

Upstox Prostocks
Daily Market Reports & News

Upstox Vs Prostocks - Suitable For Investor

Upstox Prostocks
Casual Investor
Active Investor
Trader

Upstox Vs Prostocks - Pros & Cons

Upstox Prostocks
Pros 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. 1.The Demat account opens with ₹0 AMC on paying a one-time refundable deposit of ₹1000. 2. It charges low transaction charge. 3. It provides the online IPO application facility. 4. It provides the best and fully functional trading platforms in the industry. 5. It provides exceptionally the best customer services. 6. It provides 24*7 customer service by using the Advance Interactive Voice Response.
Cons 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. 1. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility. 3.Average Customer Service.

Upstox Vs Prostocks - Background

Upstox Prostocks

Upstox Vs Prostocks - Compare All Brokers

Upstox Prostocks

Upstox Vs Prostocks - STT/CTT

Upstox Prostocks
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the Sell Side
Equity Options 0.05% only on sell 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both Buy and Sell
Equity Futures 0.01% only on sell 0.01% on Sell Side
Commodity Options 0.05% on sell trade 0.05% on sell side

Upstox Vs Prostocks - Demat transaction charges

Upstox Prostocks
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹15 + Gst per scrip per day only on sell

Upstox Vs Prostocks - GST

Upstox Prostocks
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges

Upstox Vs Prostocks - SEBI Charges

Upstox Prostocks
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs Prostocks - Account Opening & AMC Charges

Upstox
Prostocks
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

Upstox Vs Prostocks

Upstox Prostocks
 

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

+ " Vs "+ Prostocks
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ProStocks Review | Brokerage Charges, Account Opening

Prostocks is the Mumbai-based online stock broker that was incorporated in 2016. And It is a complete online broking company that offers convenient trading at the very economical rates. Prostocks review offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives across NSE and BSE m ..
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Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Upstox Vs Prostocks - Brokerage charges & Plans

Upstox Prostocks
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹0
Equity Options ₹20/ Order ₹15/ Order
Commodity Options ₹20/ Order ₹15/ Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order
Currency Options ₹20/ Order ₹15/ Order
Fixed Charges ₹20/ Order ₹15/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order
Call Back Open Account

Upstox Vs Prostocks - Margin (Exposure)

Upstox Prostocks
Equity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Upstox Vs Prostocks - Other Charges

Upstox Prostocks
RMS Square Off Charge (₹50 + GST) Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade
API Charges ₹0 (Free) ₹1000/Month
Call & Trade Charges (₹50 + GST) Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹15/ Order
Minimum Brokerage ₹20/ Order ₹15/ Order

Upstox Vs Prostocks - STT/CTT

Upstox Prostocks
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the Sell Side
Equity Options 0.05% only on sell 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both Buy and Sell
Equity Futures 0.01% only on sell 0.01% on Sell Side
Commodity Options 0.05% on sell trade 0.05% on sell side

Upstox Vs Prostocks - Demat transaction charges

Upstox Prostocks
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹15 + Gst per scrip per day only on sell

Upstox Vs Prostocks - GST

Upstox Prostocks
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges

Upstox Vs Prostocks - SEBI Charges

Upstox Prostocks
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs Prostocks - Features

Upstox Prostocks
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now.
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox

Prostocks