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 |
| Call Back Open Account |
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 - 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 - 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 |
| Call Back Open Account |
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 |
| 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 - 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 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 | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Prostocks - Investment Options
| Upstox | Prostocks | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
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 |
|
|
| Call Back Open Account |
Upstox Vs Prostocks - Research & Report
| Upstox | Prostocks | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
Upstox Vs Prostocks - Daily Market Report
| Upstox | Prostocks | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
Upstox Vs Prostocks - Suitable For Investor
| Upstox | Prostocks | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
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. |
| Call Back Open Account |
Upstox Vs Prostocks - Background
| Upstox | Prostocks | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Prostocks - Compare All Brokers
| Upstox | Prostocks | |
|---|---|---|
| Call Back Open Account |
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 |
| Call Back Open Account |
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 |
| Call Back Open Account |
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 |
| Call Back Open Account |
Upstox Vs Prostocks - SEBI Charges
| Upstox | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
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
| Upstox | Prostocks | |
|---|---|---|
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (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. |
ProStocks Review | Brokerage Charges, Account OpeningProstocks 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 .. |
|
|
|
|
|
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 |
| Call Back Open Account |
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 |
| Call Back Open Account |
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 |
| Call Back Open Account |
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 |
| Call Back Open Account |
Upstox Vs Prostocks - SEBI Charges
| Upstox | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
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 |