Karvy Vs ProStocks: Which one is better?

Both the brokers are registered with SEBI. Karvy offers investmenet in Equity, F&O, Currency and Commodities, where ProStocks offers investment in Equity, F&O and Currency only. The brokerage of Karvy Max 0.03 to 0.3% per trade while the brokerage of ProStocks ranges between Rs 15. Karvy is a Full Service Broker where ProStocks is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for ProStocks is 6,563 where number of active customer for Karvy is . ProStocks is serving more customer compare to Karvy.

Here we present side-by-side comparison of Karvy 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 Karvy 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 Karvy 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 Karvy 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 Karvy vs ProStocks on Service

	Karvy	ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	NSE, BSE
Active Clients		6,563
Broker Overview	One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory.	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...
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Account Opening Charges and AMC

Compare Karvy vs ProStocks on Trading & Demat Account Opening Charges

Comparison of Karvy with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Karvy charges Rs 500 PA AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Karvy with ProStocks
Charges	Karvy	ProStocks
Trading Account Opening Fees	Free	Free
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Rs 500 PA	Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service

About Brokerage Plans

Compare Karvy vs ProStocks on Plan Options

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

Compare Karvy with ProStocks on Plan Options
Plan Types	Karvy	ProStocks
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Zerodha	ProStocks
Account Opening Request	Open Zerodha Account Now>>	Open ProStocks Account Now>>

Brokerage Charges

Compare Karvy vs ProStocks on Brokerage Charges

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

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 Karvy with ProStocks
Brokerage Charges Compare	Karvy	ProStocks
Plan Name	Basic Trading Plan (Percentage Based)	Flat Fee Rs 15 Trading Plan
Equity Delivery	0.3% or 30 paisa	Free
Equity Intraday	0.03% or 3 paisa	Flat Fee Rs 15
Equity Futures	0.03% or 3 paisa	Flat Fee Rs 15
Equity Options	Rs 50 Per Lot	Flat Fee Rs 15
Currency Futures	0.03% or 3 paisa	Flat Fee Rs 15
Currency Options	Rs 50 Per Lot	Flat Fee Rs 15
Commodity Trading	0.03% or 3 paisa	NA
Minimum Brokerage	NIL	NA
Hidden Charges	Info Not Available	No
Funding	Yes - 18% interest PA	No
Call & Trade Charges	Call 18004198283 number for Call and Trade, SMS Order faclity also available	Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges	Call 18004198283 number for Call and Trade, SMS Order faclity also available	Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator	Brokerage Calculator for Karvy	Brokerage Calculator for ProStocks

Share Broker's Transaction Charges

Compare Karvy vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Karvy with ProStocks
Transaction Charges Compare	Karvy	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 karvy	Complete Brokerage Plans for prostocks

Account Features

Compare Karvy vs ProStocks on Account Features

Compare Karvy 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 - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - ProStocks offers NRI where Karvy doesn't offers NRI Trading.

Account Features - Karvy with ProStocks
Account Features Compare	Karvy	ProStocks
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15 PM	3:15PM
NRI Trading
Other Features	NIL	NIL

Trading Platform

Compare Karvy vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Karvy 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 Karvy with ProStocks
Trading Platform Compare	Karvy	ProStocks
Desktop Trading Platform	Karvy NESTTrader	Star ProStocks
Desktop Demo	Desktop Demo	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://trade.karvyonline.com/KARVY/Login/indexauth.jsp	https://www.prostocksweb.com/
Web Trading Demo	Web Trading Demo	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	KarvyOnline	Star ProStocks
Mobile Trading App Demo	KarvyOnline Demo	Info Not Available
Android Mobile App
Android App Download	Andriod KarvyOnline Download	Andriod Star ProStocks Download
iPhone Mobile App (IOS)
iOS App Download	iOS KarvyOnline Download	iOS Star ProStocks Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Karvy	Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator	Futures Brokerage Calculator for Karvy	Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator	Options Brokerage Calculator for Karvy	Options Brokerage Calculator for ProStocks
Detail	Detail on Trading Platforms for karvy	Detail on Trading Platforms for prostocks

Broker Ratings by Users

Compare Karvy vs ProStocks on User Rating

	Karvy	ProStocks
	3 Customer Reviews	4 Customer Reviews
Fees Ratings	2.7	4.5
Trading Brokerage Rating	2.3	4.5
Trading Platform Usability	2.3	4.5
Customer Service Ratings	3.7	4.0
Overall Ratings	2.7	4.5
Broker Rating	Karvy is Rated 2.7 / 5 based on 3 customer reviews	ProStocks is Rated 4.5 / 5 based on 4 customer reviews

Investment Offerings

Compare Karvy vs ProStocks on Investment Offerings

Compare Karvy 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 - Karvy offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - Karvy offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - Karvy provide PMS Service where ProStocks doesn't offer

Investment Offerings - Compare Karvy with ProStocks
Investment Offerings Compare	Karvy	ProStocks
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	Insurance	NIL

Order Types

Compare Karvy vs ProStocks on Order Types

Order Type - Compare Karvy 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an 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)- ProStocks offers After market orders where Karvy doesn't offers AMO. GTC Orders- ProStocks offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Karvy with ProStocks
Order Type Compare	Karvy	ProStocks
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Karvy vs ProStocks on Customer Service

Compare Karvy 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 Karvy with ProStocks
Customer Service Compare	Karvy	ProStocks
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	18004198283/7093706007/18004198283	+91-2262-434343
Account Opening Process	Online/Paperless	Online/Paperless
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	https://www.karvyonline.com/knowledge-center/index	https://www.prostocks.com/faq.html
Head Office Address	Karvy House, No. 46, 8-2-609/K Avenue 4, Street No. 1, Banjara Hills, Hyderabad - 500 034 Telangana	Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063
Website	www.karvyonline.com	https://www.prostocks.com

Tips/Research/Reports Published

Compare Karvy vs ProStocks on Research Reports, Tips

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

Research Reports - Compare Karvy with ProStocks
	Karvy	ProStocks
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Karvy vs ProStocks on Demat Account

Compare Karvy 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 Karvy is ₹365 pa. ProStocks is a better choice in terms of Demat AMC compare to Karvy.

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 Karvy is ₹15 per transaction 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 Karvy with ProStocks
	Karvy	ProStocks
DP Source	CDSL	CDSL
DP ID	33200	83200
Demat Account Annual Maintenance Charges(AMC)	₹365 pa	Free (₹1000 Refundable Deposit)
Advance Deposit	NIL	1000/- Refundable Deposit against charges
Statutory charges	Nil	Nil
Transaction Charges on Debit (Per ISIN)	₹15 per transaction	₹20 per ISIN
Demat	₹5 per certificate + ₹40 courier charges	₹50 per set up + ₹50 courier charges
Remat	₹20 for every hundred securities or ₹20 per certificate (whichever is higher)	₹50 per set up + ₹50 courier charges
Pledge Creation	0.03% of transaction value (Min ₹100 and Max ₹5k)	₹50
Pledge Creation Confirmation	0.03% of transaction value (Min ₹100 and Max ₹5k)	Nil
Pledge Closure	0.03% of transaction value (Min ₹100 and Max ₹5k)	₹50
Pledge Closure Confirmation	0.03% of transaction value (Min ₹100 and Max ₹5k)	Nil
Pledge Invocation	0.03% of transaction value (Min ₹100 and Max ₹5k)	₹50
Failed Instruction Charges	₹100	₹50 per transaction
Other Charges	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare Karvy vs ProStocks on Special Offers and Promotion

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

Compare Karvy vs ProStocks on Special Offers and Promotion
	Karvy	ProStocks
Pay In and Pay Out Options	Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform. 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	Upto 24 Hrs except Bank Holidays.	Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges	Around 40+ bank are prefered parter with Karvy Stock Broking.	Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail	Info Not Available	SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060
Likes	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	3-in-1 account opening facility is not available with Karvy. 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 Zerodha Account Now>>	Open ProStocks Account Now>>

Last Updated on 2020-04-07T10:51:20+00:00