Rated 4/5 based on 3 customer reviews
Prostocks – opening new account is very easy and conveniant process, you need to provide soft copy of PAN Card, Aadhar Card, Latest Photo, Cancelled cheque, Bank Statement and a copy of your signature. The Prostocks sales team will take care of your account opening process. If your aadhar is registered with your primary phone number, your account will open in 30 mins using OPT verification, else sales team will send you filled application form in PDF format, you can download the same and signed on marked places and send back to Mumbai office. This process will take 3 to 5 days.
Account opening charges - Trading account and demat account opening is free with Prostocks, you need to give 1000 Rs refundable deposit for demat AMC, you can pay via cheque, net banking or UPI transaction. Once Prostocks sales team receives all documents after verification, your account will be activating in 24 hrs.
Trading with Prostocks is possible via mobile app, desktop terminal, and web based platform. You need to fund your trading account via the payment gateway, NEFT/RTGS or UPI payment mode and can start trading from day one. The company doesn’t provide commodity trading. IPO investment can be done via ASBA, using Prostocks Client DP ID.
For Trader, the brokerage is excellent, but the company is missing on margin/leverage policy. On Trading terminals and tools Prostocks are rated average, they have inhouse tool as well as NSE Now pltform for trading/investment , Missing Cover orders and bracket orders features with high leverage to traders. Customer support is key value addition and strong point for Prostocks. In summary, Prostocks need to come out with traditional brokerage house mentality and invest/focus in technologies and improve margin/leverage policy.
To open a new trading account with Prostocks, Please provide your contact details and Prostocks representative will connect you ASAP to explain the process. As opening a new account with Prostocks is a paperless process (on your choice, you can opt for form base application also), so with the guidance of Prostocks representative, you will be directed to next steps.
Prostocks offer - To open a new trading account with Prostocks company is giving free trading and demat account opening facility.
To open a new trading and demat account with Prostocks there is no promo code available.
Prostocks referral - 10% referral bonus.