Compare 3 Brokers

Fyers Vs ProStocks: Which one is better?

The brokerage of Fyers Max Rs 20 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 Fyers 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 Fyers 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 Fyers vs ProStocks on Service

  Fyers Compare
Fyers
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? NSE NSE,BSE
Broker Overview Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment. ProStocks is a pure online stock broking firm initiated by well experienced market leaders to bring investment and trading services at the lowest possible cost without compromising on quality of trade.
Broker Enquiry Open an Online Trading Account with Fyers. 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.
Expand

Account Opening Charges and AMC

Compare Fyers vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared Fyers with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers offers Free Trading account opening. Demat AMC charges - Fyers charges Rs 400 PA AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Fyers with ProStocks
Charges Fyers ProStocks
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service No Yes
Expand

About Brokerage Plans

Compare Fyers vs ProStocks on Plan Options

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

Compare Fyers with ProStocks on Plan Options
Plan Types Fyers ProStocks
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No Yes
Expand

Account Opening Request

Account Opening

  Fyers ProStocks
Account Opening Request
Expand

Brokerage Charges

Compare Fyers vs ProStocks on Brokerage Charges

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

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 Fyers with ProStocks
Brokerage Charges Compare Fyers ProStocks
Plan Name Max Rs 20 Per Order Trading Plan Flat Fee Rs 15 Trading Plan
Equity Delivery Free Flat Fee Rs 15
Equity Intraday 0.01% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures 0.01% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Options Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.01% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading NA NA
Minimum Brokerage NIL NA
Hidden Charges No No
Funding No No
Call & Trade Charges Rs 20 Per Order Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Fyers Brokerage Calculator for ProStocks
SPAN Margin Calculator SPAN Margin Calculator for Fyers SPAN Margin Calculator for ProStocks
Expand

Share Broker's Transaction Charges

Compare Fyers vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Fyers with ProStocks
Transaction Charges Compare Fyers ProStocks
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 240 Per Cr Rs 190 Per Cr
Equity Options Rs 5900 Per Cr Rs 5000 Per Cr
Currency Futures Rs 175 Per Cr Rs 110 Per Cr
Currency Options Rs 6500 Per Cr Rs 4000 Per Cr
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for fyers Complete Brokerage Plans for prostocks
Expand

Account Features

Compare Fyers vs ProStocks on Account Features

Compare Fyers 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 - Fyers offers Algo Trading where ProStocks doesn't offers Algo Trading. Margin Funding - ProStocks offers margin funding where Fyers doesn't offers margin funding. NRI Trading - ProStocks offers NRI where Fyers doesn't offers NRI Trading.

Account Features - Fyers with ProStocks
Account Features Compare Fyers ProStocks
3 in 1 Account No Fyers have 2-in-1 account. Only Demate and Trading account. No Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features Free Call & trade NIL
Expand

Trading Platform

Compare Fyers vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Fyers 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 Fyers with ProStocks
Trading Platform Compare Fyers ProStocks
Desktop Trading Platform Fyers One 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 http://webtrader.fyers.in/userMaster/login https://www.prostocksweb.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Fyers Markets ProStocks Mobile
Mobile Trading App Demo Fyers Markets Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Fyers Markets Download Andriod ProStocks Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Fyers Markets 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 Fyers Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Fyers Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Fyers Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for fyers Detail on Trading Platforms for prostocks

Expand

Broker Ratings by Users

Compare Fyers vs ProStocks on User Rating

  Fyers ProStocks
  5 Customer Reviews    Rate Fyers 2 Customer Reviews    Rate ProStocks
Fees Ratings 3.4 4.5
Trading Brokerage Rating 3.8 4.5
Trading Platform Usability 4.2 4.0
Customer Service Ratings 4.0 3.5
Overall Ratings Rated 3.8 stars Rated 4.5 stars
Broker Rating Fyers is Rated 3.8 / 5 based on 5 customer reviews ProStocks is Rated 4.5 / 5 based on 2 customer reviews
Expand

Investment Offerings

Compare Fyers vs ProStocks on Investment Offerings

Compare Fyers 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 - both brokers don't offers Commodity Trading (MCX). Online Mutual Fund Investment - Fyers 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 Fyers with ProStocks
Investment Offerings Compare Fyers ProStocks
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No No
Online IPO Application No No
Mutual Funds Yes 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 No No
PMS Service No No
Other Investment Options NIL NIL
Expand

Order Types

Compare Fyers vs ProStocks on Order Types

Order Type - Compare Fyers 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) - Fyers 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)- Fyers offers After Market Orders where ProStocks doesn't offers AMO. GTC Orders- Fyers offers Good Till Cancelled (GTC) orders where ProStocks doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Fyers with ProStocks
Order Type Compare Fyers 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
Expand

Margin/Leverage

Compare Fyers vs ProStocks on Margin/Leverage

Comapre Fyers 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 Fyers with ProStocks
Margin Product Compare Fyers ProStocks
Equity Delivery Margin Fyers vs ProStocks - Equity Delivery Margin No Margin/Leverage for Equity delivery. No Delivery margin.
Equity Intraday Margin Fyers vs ProStocks - Equity Intraday Margin Up to 16x leverage for equity. Up to 7x leverage for equity intraday.
Futures Margin Fyers vs ProStocks - Futures Margin Up to 4x leverage for equity futures. Up to 1.5x leverage for equity future intraday.
Options Margin Fyers vs ProStocks - Options Margin Up to 4x for options selling and 1.3x for options buying. Up to 1.5x for options selling, no leverage on options buying.
Equity CO Margin Fyers vs ProStocks - Equity CO Margin Up to 20x leverage for equity cover order. Up to 10x leverage for equity cover order.
Futures CO Margin Fyers vs ProStocks - Futures CO Margin Up to 33x leverage for future cover order. Info Not Available
Options CO Margin Fyers vs ProStocks - Options CO Margin Up to 33x leverage for options cover order. Info Not Available
Commodity Margin Fyers vs ProStocks - Commodity Margin Info Not Available Info Not Available
Expand

Customer Service Offered

Compare Fyers vs ProStocks on Customer Service

Compare Fyers 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 Fyers with ProStocks
Customer Service Compare Fyers ProStocks
24/7 Customer Service Fyers vs ProStocks - 24x7 customer support No No
Email Support Fyers vs ProStocks - Email Support Yes Yes
Onine Live Chat Fyers vs ProStocks - Onine Live Chat No No
Phone Support Fyers vs ProStocks - Phone Support Yes Yes
Toll Free Number Fyers vs ProStocks - Toll Free Number No No
Through Branches Fyers vs ProStocks - Through Branches No No
Customer Care Number Fyers vs ProStocks - Customer Care Number 080 4625 1111 +91-2262-434343
Account Opening Process Fyers vs ProStocks - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Fyers vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Fyers vs ProStocks - Knowledge Center/Education https://fyers.in/faqs/ https://www.prostocks.com/faq.html
Head Office Address Fyers vs ProStocks - Head Office Address/Corporate Address Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website Fyers vs ProStocks - Company Website https://fyers.in/ https://www.prostocks.com
Expand

Tips/Research/Reports Published

Compare Fyers vs ProStocks on Research Reports, Tips

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

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

Demat Account

Compare Fyers vs ProStocks on Demat Account

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

Demat Charges - Compare Fyers with ProStocks
  Fyers ProStocks
DP Source CDSL CDSL
DP ID Fyers vs ProStocks - DP ID Info Not Available 83200
Demat Account Annual Maintenance Charges(AMC) 400 - Individual, 500 - Non Individual Nil
Advance Deposit NIL 1000/- Refundable Deposit against charges
Statutory charges NIL Nil
Transaction Charges on Debit (Per ISIN) Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders] Rs.8/- + Rs 5.50/-(CDSL charges) per ISIN
Demat 2 per certificate + Rs.35 courier charges Rs 50/- per set up + Rs 50/-courier charges
Remat Rs 25 Rs 50/- per set up + Rs 50/-courier
Pledge Creation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Rs 50/- per set up
Pledge Creation Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Nil
Pledge Closure 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Rs 50/- per set up
Pledge Closure Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Nil
Pledge Invocation 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually Rs 50/- per set up
Failed Instruction Charges Rs 30 per transaction Failed transactions Rs 50/- per ISIN
Other Charges Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request NIL

Expand

Special Offers,Advantages,Disadvantages

Compare Fyers vs ProStocks on Special Offers and Promotion

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

Compare Fyers vs ProStocks on Special Offers and Promotion
  Fyers ProStocks
Pay In and Pay Out Options Fyers 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 Fyers Mobile, Fyers One and Fyers Web.
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 Fyers vs ProStocks - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Fyers vs ProStocks - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes
  1. Investment in mutual funds and advice on investment.
  2. Fyers trading and demat account opening is free and no minimum balance is required to open the account.
  3. In house and unique portfolio investment for new entrants in market called thematic investing at Rs 100 per theme.
  4. Detail Review...

  • Lowest call and trade charges.
  • Simple and low cost brokerage.
  • Industry's best tools and platforms.
  • Fully online account opening process.
  • IVRS facilities for backoffice and balance confirmation.
  • Strong back office support.
  • Best customer support.
  • Rs 0 PCM fee

Detail Review...

Dislikes
  1. Trading can be done on NSE only.
  2. No own DP service,they have tie-up with IL&FS for demat services.
  3. Automated trading, bracket and cover orders are not available.
  4. DP charges on selling is higher compared to other discount brokers.

Detail Review...

  • Not a 3 in 1 broker.
  • Doesn't provide trading in commodity, IPOs and Mutual Fund.

Detail Review...

Special Offers/Promo Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments. 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 Fyers Enquire about ProStocks

Last Updated on 2019-07-08T01:29:09+00:00







Search topsharebrokers.com:

Translate topsharebrokers.com: