The brokerage of Indira Securities Max Rs 20 per trade while the brokerage of ProStocks ranges between Rs 15. Indira Securities is a Full Service Broker where ProStocks is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5.
Here we present side-by-side comparison of Indira Securities 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 Indira Securities 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 Indira Securities 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 Indira Securities 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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX||NSE,BSE|
|Broker Overview||Indira Securities, one of the best brokerage houses with the cheapest brokerage offering a free Indira Securities 2-in-1 account, highly advanced trading platforms like TradeInsta mobile app, free research and advisory, and excellent customer service...||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.|
Comparison of Indira Securities with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Indira Securities charges Rs 450 PA (2nd Year Onward) AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 450 PA (2nd Year Onward)||Rs 0 (Rs 1000 Refundable Deposit)|
|Provide DP Service|
Plans are the most important feature you look when compare Indira Securities with ProStocks. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy. Monthly Plans - ProStocks provides Monthly Plans where Indira Securities doesn't offer
|Plan Types||Indira Securities||ProStocks|
|Account Opening Request|
Indira Securities Brokerage Plan detail - IndiraTrade have both the plans for its client, discount brokerage plan is a flat fee of Rs 20 per executed order plan for Equity Cash, Equity F&O, Currency & Commodities.
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||Indira Securities||ProStocks|
|Plan Name||Flat Fee Rs 20 Trading Plan||Flat Fee Rs 15 Trading Plan|
|Equity Delivery||Flat Fee Rs 20||Free|
|Equity Intraday||Flat Fee Rs 20||Flat Fee Rs 15|
|Equity Futures||Flat Fee Rs 20||Flat Fee Rs 15|
|Equity Options||Flat Fee Rs 20||Flat Fee Rs 15|
|Currency Futures||Flat Fee Rs 20||Flat Fee Rs 15|
|Currency Options||Flat Fee Rs 20||Flat Fee Rs 15|
|Commodity Trading||Flat Fee Rs 20||NA|
|Hidden Charges||Info Not Available||No|
|Funding||Yes - 18% interest PA||No|
|Call & Trade Charges||Free||Delivery Rs 25, Intraday and F&O Rs 10 per executed order|
|Brokerage Calculator||Brokerage Calculator for Indira Securities||Brokerage Calculator for ProStocks|
|SPAN Margin Calculator||SPAN Margin Calculator for Indira Securities||SPAN Margin Calculator for ProStocks|
Compare Indira Securities with ProStocks on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Indira Securities||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 120 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 500 Per Cr||Rs 4000 Per Cr|
|Commodity||Non-Agri Rs 260| Agri Rs 600 Per Cr||NA|
|Brokerage Charges||Complete Brokerage Plans for indira-securities||Complete Brokerage Plans for prostocks|
Compare Indira Securities 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 - Indira Securities offers Algo Trading where ProStocks doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.
|Account Features Compare||Indira Securities||ProStocks|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w Indira Securities 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||Indira Securities||ProStocks|
|Desktop Trading Platform||ODIN Diet||ProStocks,NSE NOW|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.indiratrade.com/trade-online||https://www.prostocksweb.com/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||TradeInsta||ProStocks Mobile|
|Mobile Trading App Demo||TradeInsta Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod TradeInsta Download||Andriod ProStocks Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS TradeInsta Download||iOS ProStocks Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Indira Securities||Equity Intraday and Delivery Brokerage Calculator for ProStocks|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Indira Securities||Futures Brokerage Calculator for ProStocks|
|Options Brokerage Calculator||Options Brokerage Calculator for Indira Securities||Options Brokerage Calculator for ProStocks|
|Detail||Detail on Trading Platforms for indira-securities||Detail on Trading Platforms for prostocks|
|1 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Indira Securities is Rated 3.0 / 5 based on 1 customer reviews||ProStocks is Rated 4.5 / 5 based on 2 customer reviews|
Compare Indira Securities 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 - Indira Securities offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - Indira Securities 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||Indira Securities||ProStocks|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Indira Securities 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) - Indira Securities 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)- Indira Securities offers After Market Orders where ProStocks doesn't offers AMO. GTC Orders- Indira Securities offers Good Till Cancelled (GTC) orders where ProStocks doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Indira Securities||ProStocks|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Indira Securities with ProStocks on Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||Indira Securities||ProStocks|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||No Delivery margin.|
|Equity Intraday Margin||Up to 3x to 10x leverage for equity MIS orders.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||Up to 4x leverage for Stocks.||1x means actual SPAN + Exposure.|
|Options Margin||Up to 3x exposure for Options shorting, No leverage for Options Buying.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Info Not Available||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||Info Not Available||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||Info Not Available||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||Up to 4x leverage for MCX futures.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare Indira Securities 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||Indira Securities||ProStocks|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022-66224202,204||+91-2262-434343|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||
||Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Mumbai - 400063
Compare Indira Securities with ProStocks on research reports and tips provided by the broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Indira Securities with ProStocks on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹450 pa (Second year onwards)||Free (₹1000 Refundable Deposit)|
|Advance Deposit||Nil||1000/- Refundable Deposit against charges|
|Transaction Charges on Debit (Per ISIN)||₹20 or 0.02% whichever is higher||₹8 + ₹5.50 (CDSL Charges) Flat Fee for every transaction|
|Demat||₹5 per certificate + ₹35 courier charges||₹50 per set up + ₹50 courier charges|
|Remat||₹50 per RRN||₹50 per set up + ₹50 courier charges|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure Confirmation||Nil||Nil|
|Pledge Invocation||₹50 or 0.02% whichever is higher||₹50|
|Failed Instruction Charges||₹25||₹50 per transaction|
|Other Charges||Book Charges ₹20,POA Charges ₹130||Nil|
Compare Indira Securities with ProStocks on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.
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
Max 24 hrs except bank holidays
|Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||
Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).
|Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.|
|Bank Detail||HDFC Bank
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
|SUNLIGHT BROKING LLP,
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
|Special Offers/Promo||Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.||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 Indira Securities||Enquire about ProStocks|
Last Updated on 2020-12-07T11:46:14+00:00