FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

5paisa Vs ProStocks: Which one is better?

Both the brokers are registered with SEBI. 5paisa offers investmenet in Equity, F&O, Currency and Commodities, where ProStocks offers investment in Equity, F&O and Currency only. The brokerage of 5paisa 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 5paisa is 5,44,270 where number of active customer for ProStocks is 6,589. 5paisa is serving more customer compare to ProStocks.

Here we present side-by-side comparison of 5paisa 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 5paisa 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 5paisa 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 5paisa 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 5paisa vs ProStocks on Service

  5paisa Compare
5paisa
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, NCDEX NSE, BSE
Active Clients 5,44,270 6,589
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa 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 5paisa Request call back from ProStocks
Expand

Account Opening Charges and AMC

Compare 5paisa vs ProStocks on Trading & Demat Account Opening Charges

Comparison of 5paisa with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - 5paisa charges Rs 300 PA AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with ProStocks
Charges 5paisa ProStocks
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare 5paisa vs ProStocks on Plan Options

Plans are the most important feature you look when compare 5paisa with ProStocks. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - ProStocks provides Monthly Plans where 5paisa doesn't offer

Compare 5paisa with ProStocks on Plan Options
Plan Types 5paisa ProStocks
Multiple Plans Yes Yes
Monthly Plans No Yes
Yearly Plans No Yes
Expand

Account Opening Request

Account Opening

  5paisa ProStocks
Account Opening Request
Expand

Brokerage Charges

Compare 5paisa vs ProStocks on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

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 5paisa with ProStocks
Brokerage Charges Compare 5paisa ProStocks
Plan Name Basic Plan Flat Fee Rs 15 Trading Plan
Equity Delivery Flat Fee Rs 20 Free
Equity Intraday Flat Fee Rs 20 Flat Fee Rs 15
Equity Futures Flat Fee Rs 20 Flat Fee Rs 15
Equity Options Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures Flat Fee Rs 20 Flat Fee Rs 15
Currency Options Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 NA
Minimum Brokerage NA NA
Hidden Charges No No
Funding Yes - 18% interest PA No
Call & Trade Charges Rs 100 per call(No limit of orders) Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges Rs 100 per call(No limit of orders) Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for ProStocks
Expand

Share Broker's Transaction Charges

Compare 5paisa vs ProStocks on Transaction Charges

Compare 5paisa with ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa with ProStocks
Transaction Charges Compare 5paisa 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 Rs 260 Per Cr NA
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for prostocks
Expand

Account Features

Compare 5paisa vs ProStocks on Account Features

Compare 5paisa 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 - 5paisa offers a margin funding where ProStocks doesn't offers margin funding. NRI Trading - ProStocks offers NRI where 5paisa doesn't offers NRI Trading.

Account Features - 5paisa with ProStocks
Account Features Compare 5paisa ProStocks
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa 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 Yes No
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
Expand

Trading Platform

Compare 5paisa vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa 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 5paisa with ProStocks
Trading Platform Compare 5paisa ProStocks
Desktop Trading Platform 5paisaTradeStation 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.5paisa.com/online-trading https://www.prostocksweb.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App Star ProStocks
Mobile Trading App Demo 5paisa Mobile App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Star ProStocks Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa 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 5paisa Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for prostocks

Expand

Broker Ratings by Users

Compare 5paisa vs ProStocks on User Rating

  5paisa ProStocks
  27 Customer Reviews    Rate 5paisa 4 Customer Reviews    Rate ProStocks
Fees Ratings 3.1 4.5
Trading Brokerage Rating 3.9 4.5
Trading Platform Usability 3.3 4.5
Customer Service Ratings 2.7 4.0
Overall Ratings 3.2 4.5
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
Expand

Investment Offerings

Compare 5paisa vs ProStocks on Investment Offerings

Compare 5paisa 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 - 5paisa offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - 5paisa 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 5paisa with ProStocks
Investment Offerings Compare 5paisa ProStocks
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application No No
Mutual Funds Yes No
Bond / NCD Yes 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
Expand

Order Types

Compare 5paisa vs ProStocks on Order Types

Order Type - Compare 5paisa 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- ProStocks offers Good Till Cancelled (GTC) orders where 5paisa doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with ProStocks
Order Type Compare 5paisa 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 No Yes
Expand

Customer Service Offered

Compare 5paisa vs ProStocks on Customer Service

Compare 5paisa 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 5paisa with ProStocks
Customer Service Compare 5paisa ProStocks
24/7 Customer Service 5paisa vs ProStocks - 24x7 customer support No No
Email Support 5paisa vs ProStocks - Email Support Yes Yes
Onine Live Chat 5paisa vs ProStocks - Onine Live Chat No No
Phone Support 5paisa vs ProStocks - Phone Support Yes Yes
Toll Free Number 5paisa vs ProStocks - Toll Free Number No No
Through Branches 5paisa vs ProStocks - Through Branches No No
Customer Care Number 5paisa vs ProStocks - Customer Care Number +91 89766 89766 +91-2262-434343
Account Opening Process 5paisa vs ProStocks - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email 5paisa vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs ProStocks - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://www.prostocks.com/faq.html
Head Office Address 5paisa vs ProStocks - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website 5paisa vs ProStocks - Company Website https://www.5paisa.com/ https://www.prostocks.com
Expand

Tips/Research/Reports Published

Compare 5paisa vs ProStocks on Research Reports, Tips

Compare 5paisa with ProStocks on research reports and tips provided by the broker.

Research Reports - Compare 5paisa with ProStocks
  5paisa ProStocks
Research Mutual Funds 5paisa vs ProStocks - Research Mutual Funds Yes No
Research Equity Reports 5paisa vs ProStocks - Research Equity Reports Yes No
Research ETF 5paisa vs ProStocks - Research ETF No No
Daily Market Report 5paisa vs ProStocks - Daily Market Report Yes No
Free Tips 5paisa vs ProStocks - Free Tips Yes No
Quarterly Result Analysis 5paisa vs ProStocks - Quarterly Results No No
News Alerts 5paisa vs ProStocks - Yes No
Expand

Demat Account

Compare 5paisa vs ProStocks on Demat Account

Compare 5paisa 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 5paisa is ₹300 pa. ProStocks is a better choice in terms of Demat AMC compare to 5paisa.

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 5paisa is ₹12.50 per ISIN 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 5paisa with ProStocks
  5paisa ProStocks
DP Source CDSL CDSL
DP ID 5paisa vs ProStocks - DP ID 82500 83200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Free (₹1000 Refundable Deposit)
Advance Deposit NIL 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹20 per ISIN
Demat ₹15 per certificate ₹50 per set up + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹50 per set up + ₹50 courier charges
Pledge Creation ₹12.50 per script ₹50
Pledge Creation Confirmation NIL Nil
Pledge Closure ₹12.50 per script ₹50
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL ₹50
Failed Instruction Charges Nil ₹50 per transaction
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare 5paisa vs ProStocks on Special Offers and Promotion

Compare 5paisa with ProStocks on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs ProStocks on Special Offers and Promotion
  5paisa ProStocks
Pay In and Pay Out Options 5paisa vs ProStocks - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
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 5paisa vs ProStocks - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges 5paisa vs ProStocks - Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes
  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

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
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

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 5paisa Account Now>> Open ProStocks Account Now>>

Last Updated on 2024-01-11T04:15:59+00:00