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Dhan Vs ProStocks: Which one is better?

Both the brokers are registered with SEBI. Dhan offers investmenet in Equity, F&O, Currency and Commodities, where ProStocks offers investment in Equity, F&O and Currency only. The brokerage of Dhan Max Rs 20 per trade while the brokerage of ProStocks Max Rs 15 per trade. Both the brokers are Discount Brokers. Dhan is having overall lower rating compare to ProStocks. Dhan is rated only 3 out of 5 where ProStocks is rated 4 out of 5. Number of active customer for Dhan is 4,34,798 where number of active customer for ProStocks is 6,589. Dhan is serving more customer compare to ProStocks.

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

  Dhan Compare
Dhan
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 4,34,798 6,589
Broker Overview Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr... Know more about Dhan 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 Dhan vs ProStocks on Trading & Demat Account Opening Charges

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

Trading & Demat Account Opening Charges - Compare Dhan with ProStocks
Charges Dhan ProStocks
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Dhan vs ProStocks on Plan Options

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

Compare Dhan with ProStocks on Plan Options
Plan Types Dhan 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 Dhan vs ProStocks on Brokerage Charges

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

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 Dhan with ProStocks
Brokerage Charges Compare Dhan ProStocks
Plan Name Dhan Brokerage Plan 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 Flat Fee Rs 20 NA
Minimum Brokerage No NA
Hidden Charges No No
Funding Info Not Available No
Call & Trade Charges Rs 50 per order + GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges Rs 20 per order + GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Dhan Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Dhan vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Dhan with ProStocks
Transaction Charges Compare Dhan 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 NA NA
Brokerage Charges Complete Brokerage Plans for dhan Complete Brokerage Plans for prostocks
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Account Features

Compare Dhan vs ProStocks on Account Features

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

Account Features - Dhan with ProStocks
Account Features Compare Dhan ProStocks
3 in 1 Account No Dhan have 2-in-1 account. Only Demate and Trading account. No Dhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No 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 3:20 PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare Dhan vs ProStocks on Trading Platform

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

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Broker Ratings by Users

Compare Dhan vs ProStocks on User Rating

  Dhan ProStocks
  12 Customer Reviews    Rate Dhan 4 Customer Reviews    Rate ProStocks
Fees Ratings 2.8 4.5
Trading Brokerage Rating 3.6 4.5
Trading Platform Usability 3.2 4.5
Customer Service Ratings 2.8 4.0
Overall Ratings 3.3 4.5
Broker Rating Dhan is Rated 3.3 / 5 based on 12 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare Dhan vs ProStocks on Investment Offerings

Compare Dhan 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 - Dhan 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 Dhan with ProStocks
Investment Offerings Compare Dhan 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 Yes No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Dhan vs ProStocks on Order Types

Order Type - Compare Dhan 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 Dhan with ProStocks
Order Type Compare Dhan 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 Dhan vs ProStocks on Customer Service

Compare Dhan 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 Dhan with ProStocks
Customer Service Compare Dhan ProStocks
24/7 Customer Service Dhan vs ProStocks - 24x7 customer support No No
Email Support Dhan vs ProStocks - Email Support Yes Yes
Onine Live Chat Dhan vs ProStocks - Onine Live Chat Yes No
Phone Support Dhan vs ProStocks - Phone Support Yes Yes
Toll Free Number Dhan vs ProStocks - Toll Free Number No No
Through Branches Dhan vs ProStocks - Through Branches No No
Customer Care Number Dhan vs ProStocks - Customer Care Number 022-48906273 +91-2262-434343
Account Opening Process Dhan vs ProStocks - Account Opening Process Zero Online/Paperless
Customer Support Email Dhan vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Dhan vs ProStocks - Knowledge Center/Education https://knowledge.dhan.co/support/home https://www.prostocks.com/faq.html
Head Office Address Dhan vs ProStocks - Head Office Address/Corporate Address
302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website Dhan vs ProStocks - Company Website https://dhan.co/ https://www.prostocks.com
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Tips/Research/Reports Published

Compare Dhan vs ProStocks on Research Reports, Tips

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

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

Compare Dhan vs ProStocks on Demat Account

Compare Dhan 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 Dhan is Zero. ProStocks is a better choice in terms of Demat AMC compare to Dhan.

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 Dhan is ₹12.5 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 Dhan with ProStocks
  Dhan ProStocks
DP Source CDSL CDSL
DP ID Dhan vs ProStocks - DP ID 289-2016 83200
Demat Account Annual Maintenance Charges(AMC) Zero Free (₹1000 Refundable Deposit)
Advance Deposit Nil 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.5 per transaction ₹20 per ISIN
Demat ₹250 per certificate + courier charges ₹50 per set up + ₹50 courier charges
Remat ₹250 per certificate + courier charges ₹50 per set up + ₹50 courier charges
Pledge Creation ₹12.5 per transaction ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹12.5 per transaction ₹50
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹12.5 per transaction ₹50
Failed Instruction Charges Nil ₹50 per transaction
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Dhan vs ProStocks on Special Offers and Promotion

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

Compare Dhan vs ProStocks on Special Offers and Promotion
  Dhan ProStocks
Pay In and Pay Out Options Dhan vs ProStocks - Pay In and Pay Out Options UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS 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 Dhan vs ProStocks - Payout Time Fast withdrawal with IMPS, NEFT Withdrawal Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Dhan vs ProStocks - Bank Supported and Charges 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 account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

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
  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

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 2023-09-14T03:51:34+00:00