Compare 3 Brokers

5paisa Vs ProStocks: Which one is better?

The brokerage of 5paisa Max Rs 10 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.

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.

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 NSE,BSE
Broker Overview 5paisa Capital Ltd, a financial service provider powered by IIFL, offer services like the full service broker at a discounted price. 5paisa is more than a simple broker for you as they not only provide trading across different segments but also offer... Know more about 5paisa ProStocks is a full-fledged online stock broker initiated by well-experienced market leaders to bring investment and trading services at the lowest possible cost without compromising on the quality of trade.
Broker Enquiry Open an Online Trading Account with 5paisa. Leave your contact info and we will get in touch with you. Open an Online Trading Account with ProStocks. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

In this section we have compared 5paisa with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks offer Free account opening where 5paisa charges Rs 650 (Free Now Promotion Offer) for account opeing. Demat AMC charges - 5paisa charges Rs 45 PM if Trade, else Zero 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 Rs 650 (Free Now Promotion Offer) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 45 PM if Trade, else Zero Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
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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 copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks provides Multiple Plans where 5paisa doesn't offer Monthlay Plans - ProStocks provides Monthly Plans where 5paisa doesn't offer

Compare 5paisa with ProStocks on Plan Options
Plan Types 5paisa ProStocks
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No Yes
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Account Opening Request

Account Opening

  5paisa ProStocks
Account Opening Request
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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 10 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 - Rs 15, trade in any segment, fix price, no worries of volume and size of trade.Lower then Zerodha and RKSV, higher from SAS Online, but NO PCM FEE.

Brokerage Charges - Compare 5paisa with ProStocks
Brokerage Charges Compare 5paisa ProStocks
Plan Name Flat Fee Rs 10 Trading Plan Flat Fee Rs 15 Trading Plan
Equity Delivery Flat Fee Rs 10 Flat Fee Rs 15
Equity Intraday Flat Fee Rs 10 Flat Fee Rs 15
Equity Futures Flat Fee Rs 10 Flat Fee Rs 15
Equity Options Flat Fee Rs 10 Flat Fee Rs 15
Currency Futures Flat Fee Rs 10 Flat Fee Rs 15
Currency Options Flat Fee Rs 10 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 10 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) Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for ProStocks
SPAN Margin Calculator SPAN Margin Calculator for 5paisa SPAN Margin Calculator for ProStocks
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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 Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for prostocks
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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 - 5paisa offers Algo Trading where ProStocks doesn't offers Algo Trading. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. 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 No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available Yes Yes
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
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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 link 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 ProStocks,NSE NOW
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 ProStocks Mobile
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 ProStocks Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS ProStocks Mobile 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

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Broker Ratings by Users

Compare 5paisa vs ProStocks on User Rating

  5paisa ProStocks
  23 Customer Reviews    Rate 5paisa 2 Customer Reviews    Rate ProStocks
Fees Ratings 3.3 4.5
Trading Brokerage Rating 4.0 4.5
Trading Platform Usability 3.6 4.0
Customer Service Ratings 2.9 3.5
Overall Ratings Rated 3.4 stars Rated 4.5 stars
Broker Rating 5paisa is Rated 3.4 / 5 based on 23 customer reviews ProStocks is Rated 4.5 / 5 based on 2 customer reviews
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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 brokers 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
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Order Types

Compare 5paisa vs ProStocks on Order Types

Order Type - Compare 5paisa with ProStocks on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle 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) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - 5paisa provide Bracket Orders (BO) where ProStocks doesn't offer.With the name its cleare 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 higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- 5paisa offers After Market Orders where ProStocks doesn't offers AMO. GTC Orders- 5paisa offers Good Till Cancelled (GTC) orders where ProStocks doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with ProStocks
Order Type Compare 5paisa ProStocks
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare 5paisa vs ProStocks on Margin/Leverage

Comapre 5paisa with ProStocks on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare 5paisa with ProStocks
Margin Product Compare 5paisa ProStocks
Equity Delivery Margin 5paisa vs ProStocks - Equity Delivery Margin Up to 3.5x via Margin Funding. No Delivery margin.
Equity Intraday Margin 5paisa vs ProStocks - Equity Intraday Margin Up to 20x leverage for equity. Up to 7x leverage for equity intraday.
Futures Margin 5paisa vs ProStocks - Futures Margin Up to 3x leverage (of NRML Margin) for futures. Up to 1.5x leverage for equity future intraday.
Options Margin 5paisa vs ProStocks - Options Margin Up to 3x margin (of NRML Margin) for options shorting, no leverage for option buying. Up to 1.5x for options selling, no leverage on options buying.
Equity CO Margin 5paisa vs ProStocks - Equity CO Margin Up to 33x margin/leverage in CO order for selected equity scripts. Up to 10x leverage for equity cover order.
Futures CO Margin 5paisa vs ProStocks - Futures CO Margin Up to 33x margin/leverage (of complete order) in CO order for futures contracts. Info Not Available
Options CO Margin 5paisa vs ProStocks - Options CO Margin Info Not Available Info Not Available
Commodity Margin 5paisa vs ProStocks - Commodity Margin Up to 20x leverage for commodity. Info Not Available
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Customer Service Offered

Compare 5paisa vs ProStocks on Customer Service

Compare 5paisa with ProStocks on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/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
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Tips/Research/Reports Published

Compare 5paisa vs ProStocks on Research Reports, Tips

Compare 5paisa with ProStocks on research reports and tips provided by 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
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Demat Account

Compare 5paisa vs ProStocks on Demat Account

Compare 5paisa with ProStocks on Demat Service and Charges. This section cover 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) Monthly Plan - ₹45 (In case of any transaction in a month) Free (₹1000 Refundable Deposit)
Advance Deposit NIL 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.025% or ₹25 whichever is higher + CDSL charges ₹8 + ₹5.50 (CDSL Charges) Flat Fee for every transaction
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 ₹50 ₹50
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL ₹50
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL ₹50
Failed Instruction Charges Nil ₹50 per transaction
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs ProStocks on Special Offers and Promotion

Compare 5paisa with ProStocks on general features, advantages, disadvantages, pay out 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 23 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
  • Flat fee discount broker but services like full service broker.
  • Trading facility in Equity, Future & Options and Currency segments.
  • Robo Advisory platform to builds a fully customized mutual fund investment portfolio.
  • Single mobile app for Trading, IPO, Mutual Funds and Insurance.
  • Online trading account and online mutual fund investment.

Detail Review...

  • Simple and low-cost
  • Zero Demat Account AMC.
  • Paperless account opening process.
  • IVRS facilities for back-office and balance confirmation.
  • Strong back-office
  • No prop trading by broker.
  • Rs 0 PCM fee.

Detail Review...

Dislikes
  • No branches.
  • Lack of monthly and yearly plans for trading.
  • Call and Trade charges are very high.

Detail Review...

  • Lower exposure compared to other discount brokers.
  • The trading platform is average, missing advance order types like Cover Order and Bracket Order in ProStocks App, Web, and Desktop.
  • Security on the trading platform is good, but change password in every 2 weeks is uncomfortable.
  • Currently, the broker is not offering commodity trading and mutual fund investment options.
  • No extra tools for options, research, etc.

Detail Review...

Special Offers/Promo Free Account Opening, Save Rs 650 on your account opening. This is a limited time promotional offer. 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 Enquire about 5paisa Enquire about ProStocks

Last Updated on 2019-07-04T01:57:30+00:00







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