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Espresso Sharekhan Vs ProStocks: Which one is better?

Both the brokers are registered with SEBI. Espresso Sharekhan offers investmenet in Equity, F&O, Currency and Commodities, where ProStocks offers investment in Equity, F&O and Currency only. The brokerage of Espresso Sharekhan Max Rs 20 per trade while the brokerage of ProStocks Max Rs 15 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Espresso Sharekhan is 20,604 where number of active customer for ProStocks is 6,589. Espresso Sharekhan is serving more customer compare to ProStocks.

Here we present side-by-side comparison of Espresso Sharekhan vs ProStocks share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Espresso Sharekhan vs ProStocks's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Espresso Sharekhan vs ProStocks share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Espresso Sharekhan vs ProStocks's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Espresso Sharekhan vs ProStocks on Service

  Espresso Sharekhan Compare
Espresso Sharekhan
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX NSE, BSE
Active Clients 20,604 6,589
Broker Overview Espresso, a part of Sharekhan offers the lowest brokerage online trading services at Rs. 20 flat brokerages on profitable intraday trades, and no brokerage on delivery and loss-making trades on the Beta-tested app and desktop trading platforms. 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 Espresso Sharekhan Request call back from ProStocks
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Account Opening Charges and AMC

Compare Espresso Sharekhan vs ProStocks on Trading & Demat Account Opening Charges

Comparison of Espresso Sharekhan with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opening. Demat AMC charges - Espresso Sharekhan charges Rs. 400 PA AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Espresso Sharekhan with ProStocks
Charges Espresso Sharekhan ProStocks
Trading Account Opening Fees Rs. 354 (Free for limited time) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs. 400 PA Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Espresso Sharekhan vs ProStocks on Plan Options

Plans are the most important feature you look when compare Espresso Sharekhan with ProStocks. This section compare on high level about type of plans offered by brokers. Multiple Plans - ProStocks provides Multiple Plans where Espresso Sharekhan doesn't offer. Monthly Plans - ProStocks provides Monthly Plans where Espresso Sharekhan doesn't offer

Compare Espresso Sharekhan with ProStocks on Plan Options
Plan Types Espresso Sharekhan ProStocks
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No Yes
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Account Opening Request

Account Opening

  Espresso Sharekhan ProStocks
Account Opening Request
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Brokerage Charges

Compare Espresso Sharekhan vs ProStocks on Brokerage Charges

Espresso Sharekhan Brokerage Plan detail - Pay only when you profit is a flat brokerage plan that offers free delivery trading and charges Max Rs. 20 per order brokerage on equity intraday, F&O, commodity, and currency only in case of profit. There will be NIL brokerage fee in case of loss.

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 Espresso Sharekhan with ProStocks
Brokerage Charges Compare Espresso Sharekhan ProStocks
Plan Name Pay Only When You Profit Flat Fee Rs 15 Trading Plan
Equity Delivery Free Free
Equity Intraday 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Options Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading 0.03% or Rs 20 whichever is lower NA
Minimum Brokerage NIL NA
Hidden Charges No No
Funding Info Not Available No
Call & Trade Charges Rs. 50 + GST per order placed through dealing desk Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges Rs. 50 + GST per order placed through dealing desk Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Espresso Sharekhan Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Espresso Sharekhan vs ProStocks on Transaction Charges

Compare Espresso Sharekhan with ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare Espresso Sharekhan with ProStocks
Transaction Charges Compare Espresso Sharekhan ProStocks
Equity Delivery 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
Equity Futures 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
Currency Futures 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
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for espresso-sharekhan Complete Brokerage Plans for prostocks
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Account Features

Compare Espresso Sharekhan vs ProStocks on Account Features

Compare Espresso Sharekhan with ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - ProStocks offers Algo Trading where Espresso Sharekhan doesn't offers Algo Trading. Margin Funding - Espresso Sharekhan offers a margin funding where ProStocks doesn't offers margin funding. NRI Trading - ProStocks offers NRI where Espresso Sharekhan doesn't offers NRI Trading.

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

Compare Espresso Sharekhan vs ProStocks on Trading Platform

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

Trading Platform - Compare Espresso Sharekhan with ProStocks
Trading Platform Compare Espresso Sharekhan ProStocks
Desktop Trading Platform Espresso Star ProStocks
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.myespresso.com/trading/login https://www.prostocksweb.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Espresso Mobile App Star ProStocks
Mobile Trading App Demo Espresso Mobile App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Espresso Mobile App Download Andriod Star ProStocks Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Espresso Mobile App Download iOS Star ProStocks Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Espresso Sharekhan Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Espresso Sharekhan Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for espresso-sharekhan Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Espresso Sharekhan vs ProStocks on User Rating

  Espresso Sharekhan ProStocks
  1 Customer Reviews    Rate Espresso Sharekhan 4 Customer Reviews    Rate ProStocks
Fees Ratings 1.0 4.5
Trading Brokerage Rating 5.0 4.5
Trading Platform Usability 3.0 4.5
Customer Service Ratings 2.0 4.0
Overall Ratings 1.0 4.5
Broker Rating Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare Espresso Sharekhan vs ProStocks on Investment Offerings

Compare Espresso Sharekhan with 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 - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Espresso Sharekhan offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - Both broker don't offer online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare Espresso Sharekhan vs ProStocks on Order Types

Order Type - Compare Espresso Sharekhan with ProStocks on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - ProStocks provides Cover Orders (CO) where Espresso Sharekhan doesn't offer,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) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

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

Compare Espresso Sharekhan vs ProStocks on Customer Service

Compare Espresso Sharekhan with ProStocks on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Espresso Sharekhan with ProStocks
Customer Service Compare Espresso Sharekhan ProStocks
24/7 Customer Service Espresso Sharekhan vs ProStocks - 24x7 customer support No No
Email Support Espresso Sharekhan vs ProStocks - Email Support Yes Yes
Onine Live Chat Espresso Sharekhan vs ProStocks - Onine Live Chat No No
Phone Support Espresso Sharekhan vs ProStocks - Phone Support Yes Yes
Toll Free Number Espresso Sharekhan vs ProStocks - Toll Free Number No No
Through Branches Espresso Sharekhan vs ProStocks - Through Branches No No
Customer Care Number Espresso Sharekhan vs ProStocks - Customer Care Number 022 6767 0700 +91-2262-434343
Account Opening Process Espresso Sharekhan vs ProStocks - Account Opening Process 100% online/paperless Online/Paperless
Customer Support Email Espresso Sharekhan vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Espresso Sharekhan vs ProStocks - Knowledge Center/Education https://www.myespresso.com/the-espresso-blog https://www.prostocks.com/faq.html
Head Office Address Espresso Sharekhan vs ProStocks - Head Office Address/Corporate Address Sharekhan Comtrade Private Limited
Lodha iThink Techno Campus, 10th Floor, Beta Building,
Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East),
Mumbai - 400 042, Maharashtra.
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website Espresso Sharekhan vs ProStocks - Company Website https://www.myespresso.com/ https://www.prostocks.com
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Tips/Research/Reports Published

Compare Espresso Sharekhan vs ProStocks on Research Reports, Tips

Compare Espresso Sharekhan with ProStocks on research reports and tips provided by the broker.

Research Reports - Compare Espresso Sharekhan with ProStocks
  Espresso Sharekhan ProStocks
Research Mutual Funds Espresso Sharekhan vs ProStocks - Research Mutual Funds No No
Research Equity Reports Espresso Sharekhan vs ProStocks - Research Equity Reports No No
Research ETF Espresso Sharekhan vs ProStocks - Research ETF No No
Daily Market Report Espresso Sharekhan vs ProStocks - Daily Market Report No No
Free Tips Espresso Sharekhan vs ProStocks - Free Tips No No
Quarterly Result Analysis Espresso Sharekhan vs ProStocks - Quarterly Results No No
News Alerts Espresso Sharekhan vs ProStocks - No No
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Demat Account

Compare Espresso Sharekhan vs ProStocks on Demat Account

Compare Espresso Sharekhan with ProStocks on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for ProStocks is Free (₹1000 Refundable Deposit) where for Espresso Sharekhan is ₹400 pa. ProStocks is a better choice in terms of Demat AMC compare to Espresso Sharekhan.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Espresso Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) where for ProStocks is ₹20 per ISIN.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Espresso Sharekhan with ProStocks
  Espresso Sharekhan ProStocks
DP Source CDSL CDSL
DP ID Espresso Sharekhan vs ProStocks - DP ID CDSL-DP-45 83200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Free (₹1000 Refundable Deposit)
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) 1000/- Refundable Deposit against charges
Statutory charges Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹20 per ISIN
Demat ₹5 per certificate (Min 50 per request) ₹50 per set up + ₹50 courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹50 per set up + ₹50 courier charges
Pledge Creation 0.03% (Min ₹100) ₹50
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL ₹50
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL ₹50
Failed Instruction Charges Nil ₹50 per transaction
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil
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Special Offers,Advantages,Disadvantages

Compare Espresso Sharekhan vs ProStocks on Special Offers and Promotion

Compare Espresso Sharekhan with ProStocks on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Espresso Sharekhan vs ProStocks on Special Offers and Promotion
  Espresso Sharekhan ProStocks
Pay In and Pay Out Options Espresso Sharekhan vs ProStocks - Pay In and Pay Out Options Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Expresso
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 Espresso Sharekhan vs ProStocks - Payout Time Max 24 hrs except for bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Espresso Sharekhan vs ProStocks - Bank Supported and Charges Around 31 banks allow instant credit facility with charges of Rs 9 + GST Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes
  • No brokerage on losses.
  • Pay Max Rs. 20 per order brokerage charges across segments.
  • Zero brokerage on cash N carry (CNC) orders (delivery).
  • Zero Demat AMC charges for 1st Year
  • Hassle-free fund transfer via UPI and net banking.
  • Apply for buyback, NFO, and OFS at Rs. 20 per order + GST.
  • Pre-IPO apply feature to apply for IPO.
  • Free mobile app and Binge trading software for active traders.
  • Integrated watchlists, free scanners, quick order placement, and split order functionality.
  • Zero payment gateway charges on Axis, HDFC, ICICI, IDBI, IndusInd, and Kotak Mahindra Bank.
  • EspressoLogy and Learning center to learn about the stock market.
  • Place bracket order (BO) and after-market order.
  • Free GTD (Good Till Date) order
  • Margin trading facility.
  • No hidden charges.

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
  • Espresso Sharekhan does not offer mutual funds.
  • You cannot open an integrated 3-in-1 account.
  • It does not provide 24*7 customer support.
  • NRI cannot open an account with Espresso Sharekhan.
  • Espresso Sharekhan Trade Booster is 7-day paid stock market learning platform.

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 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.
Enquiry Open Espresso Sharekhan Account Now>> Open ProStocks Account Now>>

Last Updated on 2024-01-30T21:07:02+00:00