Compare 3 Brokers

Upstox Vs ProStocks: Which one is better?

The brokerage of Upstox Max Rs 20 per trade while the brokerage of ProStocks Max Rs 15 per trade. Both the brokers are Discount Brokers. Upstox is having overall higher rating compare to ProStocks. Upstox is rated 4.5 out of 5 where ProStocks is rated only 4 out of 5.

Here we present side-by-side comparison of Upstox 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 Upstox 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 Upstox 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 Upstox vs ProStocks's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

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.

Compare Upstox vs ProStocks on Service

  Upstox Compare
Upstox
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, MCX NSE,BSE
Active Clients 30,27,803 4,430
Broker Overview Upstox is the best broker in India offering free delivery trading and intraday, F&O, commodity, and currency trading at flat Rs. 20/per order brokerage through Pro web and Pro mobile app. 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 Upstox. 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 Upstox vs ProStocks on Trading & Demat Account Opening Charges

Comparison of Upstox with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Upstox charges Rs 300 PA (Waived for 1st year) AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox with ProStocks
Charges Upstox ProStocks
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA (Waived for 1st year) Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Upstox vs ProStocks on Plan Options

Plans are the most important feature you look when compare Upstox 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 Upstox doesn't offer

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

Account Opening Request

Account Opening

  Upstox ProStocks
Account Opening Request
Expand

Brokerage Charges

Compare Upstox vs ProStocks on Brokerage Charges

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

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 Upstox with ProStocks
Brokerage Charges Compare Upstox ProStocks
Plan Name Max Rs 20 Per Order Trading Plan Flat Fee Rs 15 Trading Plan
Equity Delivery Free Free
Equity Intraday 0.05% or Rs 20 whichever is lower 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
Minimum Brokerage NIL NA
Hidden Charges Info Not Available No
Funding Info Not Available No
Call & Trade Charges Rs 20 Per Executable Order Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for ProStocks
SPAN Margin Calculator SPAN Margin Calculator for Upstox SPAN Margin Calculator for ProStocks
Expand

Share Broker's Transaction Charges

Compare Upstox vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Upstox with ProStocks
Transaction Charges Compare Upstox ProStocks
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 210 Per Cr Rs 190 Per Cr
Equity Options Rs 5500 Per Cr Rs 5000 Per Cr
Currency Futures Rs 150 Per Cr Rs 110 Per Cr
Currency Options Rs 6000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for prostocks
Expand

Account Features

Compare Upstox vs ProStocks on Account Features

Compare Upstox with ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where ProStocks offers only 2-in-1 account which includes trading and demat account. Algo Trading - Upstox offers Algo Trading where ProStocks doesn't offers Algo Trading. Margin Funding - ProStocks offers a margin funding where Upstox doesn't offers margin funding. NRI Trading - ProStocks offers NRI where Upstox doesn't offers NRI Trading.

Account Features - Upstox with ProStocks
Account Features Compare Upstox ProStocks
3 in 1 Account Yes, Upstox have 3-in-1 accounts. Bank Account, Demat and Trading account. No Upstox 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 No Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
Expand

Trading Platform

Compare Upstox vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Upstox 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 Upstox with ProStocks
Trading Platform Compare Upstox ProStocks
Desktop Trading Platform DartStock/Nest Trader/Fox 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://pro.upstox.com/ https://www.prostocksweb.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Upstox ProStocks Mobile
Mobile Trading App Demo Upstox Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Upstox Download Andriod ProStocks Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Upstox 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 Upstox Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for prostocks
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

Expand

Broker Ratings by Users

Compare Upstox vs ProStocks on User Rating

  Upstox ProStocks
  12 Customer Reviews    Rate Upstox 2 Customer Reviews    Rate ProStocks
Fees Ratings 3.5 4.5
Trading Brokerage Rating 3.8 4.5
Trading Platform Usability 3.7 4.0
Customer Service Ratings 3.5 3.5
Overall Ratings Rated 3.7 stars Rated 4.5 stars
Broker Rating Upstox is Rated 3.7 / 5 based on 12 customer reviews ProStocks is Rated 4.5 / 5 based on 2 customer reviews
Expand

Investment Offerings

Compare Upstox vs ProStocks on Investment Offerings

Compare Upstox 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 - Upstox offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - Upstox 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 Upstox with ProStocks
Investment Offerings Compare Upstox ProStocks
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application Yes No
Mutual Funds Yes No
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
Expand

Order Types

Compare Upstox vs ProStocks on Order Types

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

Order Types - Compare Upstox with ProStocks
Order Type Compare Upstox ProStocks
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled No No
Expand

Margin/Leverage

Compare Upstox vs ProStocks on Margin/Leverage

Compare Upstox 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.

Exposure/margin - Compare Upstox with ProStocks
Margin Product Compare Upstox ProStocks
Equity Delivery Margin Upstox vs ProStocks - Equity Delivery Margin No Margin/Leverage for Equity Delivery. No Delivery margin.
Equity Intraday Margin Upstox vs ProStocks - Equity Intraday Margin Up to 15x exposure with Basic Plan and 20x exposure with Priority plan Up to 10x or 10% subject to Var and ELM.
Futures Margin Upstox vs ProStocks - Futures Margin Up to 3x leverage for Index and Stocks in Basic Plan, Upto 6x leverage for Index in Priority Plan. 1x means actual SPAN + Exposure.
Options Margin Upstox vs ProStocks - Options Margin Upto 3x margin for Options shorting with Basic Plan, Upto 6x for Index Options sell with Priority Plan.No leverage for option buying. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
Equity CO Margin Upstox vs ProStocks - Equity CO Margin Up to 20x exposure with Basic Plan and 27x exposure with Priority plan Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.
Futures CO Margin Upstox vs ProStocks - Futures CO Margin Up to 20x leverage for Index, 5x leverage for Stocks in Basic Plan, Upto 28x leverage for Index and 6x for stocks in Priority Plan. 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin Upstox vs ProStocks - Options CO Margin Up to 1.33x for option buying with Basic plan and 2x with Priority plan. 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.
Commodity Margin Upstox vs ProStocks - Commodity Margin Up to 2.5x leverage for MCX futures in Basic Plan, Upto 3x leverage for Priority Plan. Up to 3x/4x with Basic/Priority plan with CO. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
Expand

Customer Service Offered

Compare Upstox vs ProStocks on Customer Service

Compare Upstox 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 Support - Compare Upstox with ProStocks
Customer Service Compare Upstox ProStocks
24/7 Customer Service Upstox vs ProStocks - 24x7 customer support No No
Email Support Upstox vs ProStocks - Email Support Yes Yes
Onine Live Chat Upstox vs ProStocks - Onine Live Chat Yes No
Phone Support Upstox vs ProStocks - Phone Support Yes Yes
Toll Free Number Upstox vs ProStocks - Toll Free Number No No
Through Branches Upstox vs ProStocks - Through Branches Yes No
Customer Care Number Upstox vs ProStocks - Customer Care Number +91 22 6130 9999 +91-2262-434343
Account Opening Process Upstox vs ProStocks - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Upstox vs ProStocks - Customer Support Email [email protected]  [email protected]
Knowledge Center/Education Upstox vs ProStocks - Knowledge Center/Education https://upstox.com/help-center/ https://www.prostocks.com/faq.html
Head Office Address Upstox vs ProStocks - Head Office Address/Corporate Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website Upstox vs ProStocks - Company Website https://upstox.com/ https://www.prostocks.com
Expand

Tips/Research/Reports Published

Compare Upstox vs ProStocks on Research Reports, Tips

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

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

Demat Account

Compare Upstox vs ProStocks on Demat Account

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

Demat Charges - Compare Upstox with ProStocks
  Upstox ProStocks
DP Source CDSL CDSL
DP ID Upstox vs ProStocks - DP ID 81800 83200
Demat Account Annual Maintenance Charges(AMC) ₹150 pa Free (₹1000 Refundable Deposit)
Advance Deposit NIL 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹13 + ₹5.50 CDSL charges ₹8 + ₹5.50 (CDSL Charges) Flat Fee for every transaction
Demat ₹20 + ₹50 courier charges ₹50 per set up + ₹50 courier charges
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹50 per set up + ₹50 courier charges
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges ₹50
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges ₹50
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Invocation 0.05% of the transaction value (Min ₹50) ₹50
Failed Instruction Charges ₹50 ₹50 per transaction
Other Charges Nil Nil

Expand

Special Offers,Advantages,Disadvantages

Compare Upstox vs ProStocks on Special Offers and Promotion

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

Compare Upstox vs ProStocks on Special Offers and Promotion
  Upstox ProStocks
Pay In and Pay Out Options Upstox vs ProStocks - Pay In and Pay Out Options pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-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 Upstox vs ProStocks - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Upstox vs ProStocks - Bank Supported and Charges Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes

Detail Review...

Detail Review...

Dislikes
  • Call & trade services are not free, charged at Rs. 20 per call.
  • Stock market trading tips and recommendations are not available.
  • Upstox doesn’t offer NRI trading services.
  • 24*7 customer service is unavailable.

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 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades. 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 Upstox Enquire about ProStocks

Last Updated on 2021-06-30T04:16:57+00:00


Reference Topics







Translate topsharebrokers.com: