Compare 3 Brokers

Edelweiss Vs ProStocks: Which one is better?

The brokerage of Edelweiss Max .01% and 5 Rs per trade while the brokerage of ProStocks ranges between Rs 15. Edelweiss is a Full Service Broker where ProStocks is a Discount Broker. Edelweiss is having overall lower rating compare to ProStocks. Edelweiss is rated only 3.5 out of 5 where ProStocks is rated 4 out of 5.

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

  Edelweiss Compare
Edelweiss
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? BSE, NSE, MCX, NCDEX NSE,BSE
Broker Overview A huge network of sub-brokers, trading in all of the segments backed up by strong research, strategies and analytical tools, Edelweiss has everything and more than an investor need to success but at a little higher cost. 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 Edelweiss. 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 Edelweiss vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared Edelweiss with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks offer Free account opening where Edelweiss charges Rs 750 (Free Offer) for account opeing. Demat AMC charges - Edelweiss charges Rs 500 pa (Second Year Onward) AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Edelweiss with ProStocks
Charges Edelweiss ProStocks
Trading Account Opening Fees Rs 750 (Free Offer) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 pa (Second Year Onward) Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Edelweiss vs ProStocks on Plan Options

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

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

Account Opening

  Edelweiss ProStocks
Account Opening Request
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Brokerage Charges

Compare Edelweiss vs ProStocks on Brokerage Charges

Edelweiss Brokerage Plan detail - This plan is available to Online users only. With this plan, Edelweiss is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.

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 Edelweiss with ProStocks
Brokerage Charges Compare Edelweiss ProStocks
Plan Name Discount Brokerage Flat Fee Rs 15 Trading Plan
Equity Delivery 0.01% or 1 Paisa Flat Fee Rs 15
Equity Intraday 0.01% or 1 Paisa Flat Fee Rs 15
Equity Futures Rs 5 Per Lot Flat Fee Rs 15
Equity Options Rs 5 Per Lot Flat Fee Rs 15
Currency Futures Rs 5 Per Lot Flat Fee Rs 15
Currency Options Rs 5 Per Lot Flat Fee Rs 15
Commodity Trading 0.01% for Futures, .10% for Options NA
Minimum Brokerage NIL NA
Hidden Charges Info Not Available No
Funding Yes - 24% interest PA No
Call & Trade Charges Free Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Edelweiss Brokerage Calculator for ProStocks
SPAN Margin Calculator SPAN Margin Calculator for Edelweiss SPAN Margin Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Edelweiss vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Edelweiss with ProStocks
Transaction Charges Compare Edelweiss 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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for edelweiss-broking Complete Brokerage Plans for prostocks
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Account Features

Compare Edelweiss vs ProStocks on Account Features

Compare Edelweiss 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 - Edelweiss 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 - both brokers provides NRI Trading facility.

Account Features - Edelweiss with ProStocks
Account Features Compare Edelweiss ProStocks
3 in 1 Account No Edelweiss have 2-in-1 account. Only Demate and Trading account. No Edelweiss 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 Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Edelweiss vs ProStocks on Trading Platform

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

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Broker Ratings by Users

Compare Edelweiss vs ProStocks on User Rating

  Edelweiss ProStocks
  1 Customer Reviews    Rate Edelweiss 2 Customer Reviews    Rate ProStocks
Fees Ratings 2.0 4.5
Trading Brokerage Rating 3.0 4.5
Trading Platform Usability 3.0 4.0
Customer Service Ratings 1.0 3.5
Overall Ratings Rated 1.0 stars Rated 4.5 stars
Broker Rating Edelweiss is Rated 1.0 / 5 based on 1 customer reviews ProStocks is Rated 4.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare Edelweiss vs ProStocks on Investment Offerings

Compare Edelweiss 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 - Edelweiss offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - Edelweiss offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - Edelweiss provide PMS Service where ProStocks doesn't offer

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

Compare Edelweiss vs ProStocks on Order Types

Order Type - Compare Edelweiss 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) - both brokers don't have Bracket Orders (BO).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)- Edelweiss offers After Market Orders where ProStocks doesn't offers AMO. GTC Orders- both brokers doesn't support Good Till Cancelled (GTC) orders.

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

Compare Edelweiss vs ProStocks on Margin/Leverage

Comapre Edelweiss 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 Edelweiss with ProStocks
Margin Product Compare Edelweiss ProStocks
Equity Delivery Margin Edelweiss vs ProStocks - Equity Delivery Margin Up to 10x leverage for equity delivery - via Margin Funding. No Delivery margin.
Equity Intraday Margin Edelweiss vs ProStocks - Equity Intraday Margin Up to 20x leverage for equity Intraday. Up to 7x leverage for equity intraday.
Futures Margin Edelweiss vs ProStocks - Futures Margin Up to 2x leverage for equity futures (of Required Margin). Up to 1.5x leverage for equity future intraday.
Options Margin Edelweiss vs ProStocks - Options Margin Up to 2x margin for options shorting, no leverage for option buying. Up to 1.5x for options selling, no leverage on options buying.
Equity CO Margin Edelweiss vs ProStocks - Equity CO Margin Up to 80x margin/leverage in equity CO order for selected equity scripts. Up to 10x leverage for equity cover order.
Futures CO Margin Edelweiss vs ProStocks - Futures CO Margin Up to 5x margin/leverage (of Required Margin) in CO order for future contracts. Info Not Available
Options CO Margin Edelweiss vs ProStocks - Options CO Margin Up to 3x margin/leverage (of Required Margin) in CO order for options contracts sell only, buying is enabled only for NIFTY. Info Not Available
Commodity Margin Edelweiss vs ProStocks - Commodity Margin Up to 5x MIS Margin of SPAN, Complete SPAN is required for carry forward positions. Info Not Available
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Customer Service Offered

Compare Edelweiss vs ProStocks on Customer Service

Compare Edelweiss 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 Edelweiss with ProStocks
Customer Service Compare Edelweiss ProStocks
24/7 Customer Service Edelweiss vs ProStocks - 24x7 customer support No No
Email Support Edelweiss vs ProStocks - Email Support Yes Yes
Onine Live Chat Edelweiss vs ProStocks - Onine Live Chat No No
Phone Support Edelweiss vs ProStocks - Phone Support Yes Yes
Toll Free Number Edelweiss vs ProStocks - Toll Free Number Yes No
Through Branches Edelweiss vs ProStocks - Through Branches Yes No
Customer Care Number Edelweiss vs ProStocks - Customer Care Number 040-4905-9999 +91-2262-434343
Account Opening Process Edelweiss vs ProStocks - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Edelweiss vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Edelweiss vs ProStocks - Knowledge Center/Education https://www.edelweiss.in/faqs https://www.prostocks.com/faq.html
Head Office Address Edelweiss vs ProStocks - Head Office Address/Corporate Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website Edelweiss vs ProStocks - Company Website https://www.edelweiss.in https://www.prostocks.com
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Tips/Research/Reports Published

Compare Edelweiss vs ProStocks on Research Reports, Tips

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

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

Compare Edelweiss vs ProStocks on Demat Account

Compare Edelweiss with ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Edelweiss with ProStocks
  Edelweiss ProStocks
DP Source CDSL CDSL
DP ID Edelweiss vs ProStocks - DP ID 19100 83200
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) Free (₹1000 Refundable Deposit)
Advance Deposit NIL 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher ₹8 + ₹5.50 (CDSL Charges) Flat Fee for every transaction
Demat ₹2 per certificate + ₹30 courier charges ₹50 per set up + ₹50 courier charges
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹50 per set up + ₹50 courier charges
Pledge Creation 0.02% of transaction value (Min ₹50) ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure 0.02% of transaction value (Min ₹50) ₹50
Pledge Closure Confirmation Nil Nil
Pledge Invocation 0.02% of transaction value (Min ₹50) ₹50
Failed Instruction Charges Nil ₹50 per transaction
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Edelweiss vs ProStocks on Special Offers and Promotion

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

Compare Edelweiss vs ProStocks on Special Offers and Promotion
  Edelweiss ProStocks
Pay In and Pay Out Options Edelweiss vs ProStocks - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Terminal X3,Edelweiss Web,Mobile Trader.
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 Edelweiss vs ProStocks - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Edelweiss vs ProStocks - Bank Supported and Charges Info Not Available Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail Edelweiss Broking Limited,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes
  • Seamless trading with the help of personalized relationship managers, web site and call center.
  • Best in-house research.
  • Wide range of investment options available.
  • Excellent trading tools and platform.

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
  • Discount brokerage plan is for online-only.
  • Different plans for online and offline users.
  • The broker has a minimum brokerage policy. It is applicable for equity cash and intraday.
  • DP charges are a bit high compared to competitors.
  • Online account opening process missing Aadhar based integration.

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 online trading account and Free demat account (Free lifetime AMC), Trade in discount brokerage plan in 1 Paisa for Equity Cash and Delivery, Rs 5 Per Lot for F&O. 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 Edelweiss Enquire about ProStocks

Last Updated on 2019-08-06T00:24:26+00:00







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