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Indira Securities Vs ProStocks: Which one is better?

Both the brokers are registered with SEBI. Indira Securities offers investmenet in Equity, F&O, Currency and Commodities, where ProStocks offers investment in Equity, F&O and Currency only. The brokerage of Indira Securities Max 0.01% to 0.10% per trade while the brokerage of ProStocks ranges between Rs 15. Indira Securities 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 Indira Securities is 8,801 where number of active customer for ProStocks is 6,563. Indira Securities is serving more customer compare to ProStocks.

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

  Indira Securities Compare
Indira Securities
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX NSE, BSE
Active Clients 8,801 6,563
Broker Overview Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the... Know more about Indira Securities 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 Zerodha Request call back from ProStocks
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Account Opening Charges and AMC

Compare Indira Securities vs ProStocks on Trading & Demat Account Opening Charges

Comparison of Indira Securities with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Indira Securities 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 Indira Securities with ProStocks
Charges Indira Securities ProStocks
Trading Account Opening Fees Free 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 Indira Securities vs ProStocks on Plan Options

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

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

Account Opening

  Zerodha ProStocks
Account Opening Request
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Brokerage Charges

Compare Indira Securities vs ProStocks on Brokerage Charges

Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.

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 Indira Securities with ProStocks
Brokerage Charges Compare Indira Securities ProStocks
Plan Name Traditional Brokerage Plan Flat Fee Rs 15 Trading Plan
Equity Delivery 0.10% Free
Equity Intraday 0.01% Flat Fee Rs 15
Equity Futures 0.01% Flat Fee Rs 15
Equity Options Rs. 25 per lot (both side) Flat Fee Rs 15
Currency Futures Flat Fee Rs 20 Flat Fee Rs 15
Currency Options Futures: 0.01%|Options: Rs. 25 per lot (both side) Flat Fee Rs 15
Commodity Trading Futures: 0.01%|Options: Rs. 25 per lot (both side) NA
Minimum Brokerage NA NA
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA No
Call & Trade Charges Free Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges Free Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Indira Securities Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Indira Securities vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Indira Securities with ProStocks
Transaction Charges Compare Indira Securities 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| Agri Rs 600 Per Cr NA
Brokerage Charges Complete Brokerage Plans for indira-securities Complete Brokerage Plans for prostocks
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Account Features

Compare Indira Securities vs ProStocks on Account Features

Compare Indira Securities 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 - Indira Securities offers a margin funding where ProStocks doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Indira Securities with ProStocks
Account Features Compare Indira Securities ProStocks
3 in 1 Account No Indira Securities have 2-in-1 account. Only Demate and Trading account. No Indira Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes 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 No No
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Indira Securities vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Indira Securities 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 Indira Securities with ProStocks
Trading Platform Compare Indira Securities ProStocks
Desktop Trading Platform ODIN Diet Star ProStocks
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.indiratrade.com/trade-online https://www.prostocksweb.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TradeInsta Star ProStocks
Mobile Trading App Demo TradeInsta Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod TradeInsta Download Andriod Star ProStocks Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS TradeInsta 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 Indira Securities Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Indira Securities Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Indira Securities Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for indira-securities Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Indira Securities vs ProStocks on User Rating

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

Compare Indira Securities vs ProStocks on Investment Offerings

Compare Indira Securities 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 - Indira Securities offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - Indira Securities offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare Indira Securities vs ProStocks on Order Types

Order Type - Compare Indira Securities 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)- 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 Indira Securities with ProStocks
Order Type Compare Indira Securities ProStocks
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes 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 Indira Securities vs ProStocks on Customer Service

Compare Indira Securities 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 Indira Securities with ProStocks
Customer Service Compare Indira Securities ProStocks
24/7 Customer Service Indira Securities vs ProStocks - 24x7 customer support Yes No
Email Support Indira Securities vs ProStocks - Email Support Yes Yes
Onine Live Chat Indira Securities vs ProStocks - Onine Live Chat Yes No
Phone Support Indira Securities vs ProStocks - Phone Support Yes Yes
Toll Free Number Indira Securities vs ProStocks - Toll Free Number Yes No
Through Branches Indira Securities vs ProStocks - Through Branches Yes No
Customer Care Number Indira Securities vs ProStocks - Customer Care Number +91-(0)731-4797105/115/146 +91-2262-434343
Account Opening Process Indira Securities vs ProStocks - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Indira Securities vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Indira Securities vs ProStocks - Knowledge Center/Education https://www.indiratrade.com/blog https://www.prostocks.com/faq.html
Head Office Address Indira Securities vs ProStocks - Head Office Address/Corporate Address
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website Indira Securities vs ProStocks - Company Website https://www.indiratrade.com/ https://www.prostocks.com
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Tips/Research/Reports Published

Compare Indira Securities vs ProStocks on Research Reports, Tips

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

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

Compare Indira Securities vs ProStocks on Demat Account

Compare Indira Securities 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 Indira Securities is ₹450 pa (Second year onwards). ProStocks is a better choice in terms of Demat AMC compare to Indira Securities.

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 Indira Securities is ₹20 or 0.02% whichever is higher 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 Indira Securities with ProStocks
  Indira Securities ProStocks
DP Source CDSL CDSL
DP ID Indira Securities vs ProStocks - DP ID 752000 83200
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) Free (₹1000 Refundable Deposit)
Advance Deposit Nil 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹20 or 0.02% whichever is higher ₹20 per ISIN
Demat ₹5 per certificate + ₹35 courier charges ₹50 per set up + ₹50 courier charges
Remat ₹50 per RRN ₹50 per set up + ₹50 courier charges
Pledge Creation ₹50 ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹50 ₹50
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹50 or 0.02% whichever is higher ₹50
Failed Instruction Charges ₹25 ₹50 per transaction
Other Charges Book Charges ₹20,POA Charges ₹130 Nil
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Special Offers,Advantages,Disadvantages

Compare Indira Securities vs ProStocks on Special Offers and Promotion

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

Compare Indira Securities vs ProStocks on Special Offers and Promotion
  Indira Securities ProStocks
Pay In and Pay Out Options Indira Securities vs ProStocks - Pay In and Pay Out Options

Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.

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 Indira Securities vs ProStocks - Payout Time

Max 24 hrs except bank holidays

Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Indira Securities vs ProStocks - Bank Supported and Charges

Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).

Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes
  • Trade in shares, derivatives, commodities, and currencies.
  • Paperless account opening at zero charges.
  • Invest in mutual funds online.
  • Safe & secure trading platform; Trade Insta app and Trader Terminal.
  • Free stock trading tips, and research & advisory.
  • Automated trading and robotic advisory services.
  • Free call & trade
  • Place advance order like bracket order, cover order, after market order.
  • Refer & earn benefits.
  • Margin trading facility.

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
  • 24*7 customer support is not available.
  • You cannot open a 3-in-1 account with Indira Securities.
  • It doesn’t facilitate NRI trading services.
  • High brokerage charges compared to other brokers.
  • MF Planet platform only provides regular mutual fund schemes.

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 Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order. 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 2023-09-14T06:48:55+00:00