FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI. Finvasia offers investmenet in Equity, F&O, Currency and Commodities, where ProStocks offers investment in Equity, F&O and Currency only. The brokerage of Finvasia Max Rs 0 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 Finvasia is 1,13,306 where number of active customer for ProStocks is 6,563. Finvasia is serving more customer compare to ProStocks.
Here we present side-by-side comparison of Finvasia 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 Finvasia 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 Finvasia 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 Finvasia vs ProStocks's on
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.
Comparison of Finvasia with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Finvasia offer Free AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
Charges | Finvasia | 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 |
Plans are the most important feature you look when compare Finvasia with ProStocks. This section compare on high level about type of plans offered by brokers. Multiple Plans - ProStocks provides Multiple Plans where Finvasia doesn't offer. Monthly Plans - ProStocks provides Monthly Plans where Finvasia doesn't offer
Plan Types | Finvasia | ProStocks |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Zerodha | ProStocks | |
---|---|---|
Account Opening Request |
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
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 | Finvasia | ProStocks |
---|---|---|
Plan Name | Zero Brokerage Trading Plan | Flat Fee Rs 15 Trading Plan |
Equity Delivery | Rs 0 | Free |
Equity Intraday | Rs 0 | Flat Fee Rs 15 |
Equity Futures | Rs 0 | Flat Fee Rs 15 |
Equity Options | Rs 0 | Flat Fee Rs 15 |
Currency Futures | Rs 0 | Flat Fee Rs 15 |
Currency Options | Rs 0 | Flat Fee Rs 15 |
Commodity Trading | Rs 0 | NA |
Minimum Brokerage | NA | NA |
Hidden Charges | No | No |
Funding | Yes, 24% interest PA | No |
Call & Trade Charges | Free | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
Auto Square off Charges | Free | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for ProStocks |
Compare Finvasia with ProStocks on transaction charges and PCM fee by segment.
Transaction Charges Compare | Finvasia | 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 | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | NA |
Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for prostocks |
Compare Finvasia 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 - Both broker dont have a margin funding facility. NRI Trading - Both broker provides NRI Trading facility.
Account Features Compare | Finvasia | ProStocks |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:15 PM | 3:15PM |
NRI Trading | ||
Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia 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 | Finvasia | ProStocks |
---|---|---|
Desktop Trading Platform | OMNESYS NEST | Star ProStocks |
Desktop Demo | Info Not Available | Info Not Available |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://trade.finvasia.com/ | https://www.prostocksweb.com/ |
Web Trading Demo | Info Not Available | Info Not Available |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | SCALPERT | Star ProStocks |
Mobile Trading App Demo | SCALPERT Demo | Info Not Available |
Android Mobile App | ||
Android App Download | Andriod SCALPERT Download | Andriod Star ProStocks Download |
iPhone Mobile App (IOS) | ||
iOS App Download | Info Not Available | iOS Star ProStocks Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Basic platforms are free, advance platforms are chargeable. | Free |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for ProStocks |
Futures Brokerage Calculator | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for ProStocks |
Options Brokerage Calculator | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for ProStocks |
Detail | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for prostocks |
Compare Finvasia 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 - Finvasia offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - Finvasia 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 | Finvasia | ProStocks |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | NIL | NIL |
Order Type - Compare Finvasia 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 Finvasia doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | Finvasia | ProStocks |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare Finvasia 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 Service Compare | Finvasia | ProStocks |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | Support: +91 9779 097 777/Sales: +91 9098 001 001 | +91-2262-434343 |
Account Opening Process | Online/Paperless | Online/Paperless |
Customer Support Email | [email protected]/[email protected] | [email protected] |
Knowledge Center/Education | https://finvasia.com/announcements | https://www.prostocks.com/faq.html |
Head Office Address | Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063 |
Website | https://www.finvasia.com/ | https://www.prostocks.com |
Compare Finvasia with ProStocks on research reports and tips provided by the broker.
Compare Finvasia 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.
Both the brokers offer Free Demat AMC.
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 Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every 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
Compare Finvasia with ProStocks on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
Finvasia | ProStocks | |
---|---|---|
Pay In and Pay Out Options | Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through 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 | Up to 24 hrs except for bank holidays. | Upto 24 Hrs except Bank Holidays. |
Bank Supported and Charges | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms. |
Bank Detail | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060 |
Likes |
No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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Dislikes |
Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | 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 2023-09-05T02:25:49+00:00