FREE Account Opening + No Clearing Fees + Rs 999 API Access

ProStocks Review 2022

Rated 4 stars Rated 4/5 by Top Share Brokers Team
Last updated on: 21-Feb-2022
ProStocks Review

Contact ProStocks

ProStocks Offers Free delivery trade and flat Rs 15 per order for Intraday and F&O.
Unlimited monthly plan for Algo Traders.
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ProStocks Review 2022 - Quick Summary

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.

Rated 4 stars

ProStocks Top Highlight for 2022

  • Lowest exchange transaction charges by charging Rs 0 PCM fee.
  • Lowest stamp duty charges maximum Rs 50 per day except for Maharashtra.
  • Flat fee, monthly and yearly plans to choose from.
  • Desktop base, mobile app base, and web-based trading platforms.
  • Referral program to earn money by referring friends.
  • Fully online account opening process.
  • Strong customer support.
  • Cheapest call & trade by charging only Rs 10 per order.
  • Simple and low-cost brokerage.
  • IVRS facilities for back-office and balance confirmation.
  • No prop trading by broker.
  • Zero Demat Account AMC.
  • Offer NRI Services at lowest NRI trading brokerage of Rs 100 per executed order.
  • Notifications about any corporate action affecting your investment such as buyback, stock split etc.

About ProStocks

Incorporated in 2016, ProStocks is an online broking firm by Sunlight Broking LLP introducing convenient trading at very economical rates. ProStocks provide trading in Equity cash, Intraday, Equity Future and Options and Currency Derivatives across NSE and BSE. The Broker is DP with CDSL. Seamless 2-in-1 Account i.e. Trading and Demat Account with ProStocks comes handy for fast and convenient transactions of shares. Prostocks offer NRI services @ 0 NRI trading and Demat Account fee. AMC for NRI trading account is Nil (Zero) and NRI Demat Account AMC is lifetime free (no AMC) with Rs 1000 refundable one time deposit.

The USP of ProStocks lies in its lowest charges in the Industry. With them, you can see a distinctive drop in the brokerage charges. The broker manages to offer trade at lowest transaction charges by not charging PCM fee which all other full service and discount brokers charges as usual. The broker also put call and trade to a minimum so that clients make the most out of their money even on the go.

Their stamp duty charges are also lowest in the Industry. It is possible by applying stamp duty rates of Daman and Diu which is Rs 50 per day except for Maharashtra clients who has to pay stamp duty of their state. The Broker is centrally located in Mumbai and Daman with all their operations fully online.

They offer three easy brokerage plans to choose from. They have Rs 15 per trade flat fee plan (Free delivery Trading), Rs 899 monthly plan for equity cash and derivatives, Rs 499 monthly plan for currency derivative, Rs 8999 yearly plan for equity cash and derivative segment, Rs 4999 yearly plan for currency derivative segment.

Opening Account with ProStocks is a quick and hassle-free fully online process with no printing, signing or sending the form through courier.

The broker offers a referral program where you can refer friends, fellow traders, family, and colleagues to earn 10% of brokerage charged from your referral.

As far as customer service is concerned, clients do not need to worry. ProStocks strives to provide the best possible customer service to its clients through email and phone during market hours to resolve any technical or account-related queries. Call and trade facility is available @ Rs 10 per call for Intraday and F&O, Rs 25 for delivery for placing orders. Online Discussion forum, FAQs and Knowledge section is also available on Prostocks website for quick resolution of technical and functional issues.

ProStocks Promotion Offer

Free Life time Demat AMC & Trading AMC for limited time.Sign up now.

Request call back from ProStocks

ProStocks Brokerage Plan with closest competitors

Here we are comparing ProStocks with its 5 close competitors, who are currently market leader in brokerage industry.

Broker ProStocks 5paisa Zerodha Upstox Paytm Money
Service Type Discount Broker Discount Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Rs 15 Rs 20 Rs 20 Rs 20 Rs 10
Account Type 2 in 1 2 in 1 3 in 1 3 in 1 2 in 1
Equity Delivery Free Flat Fee Rs 20 Free 2.5% or Rs 20 whichever is lower Free
Equity Intraday Flat Fee Rs 15 Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.05% or Rs 10 whichever is lower
Equity Futures Flat Fee Rs 15 Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 10 whichever is lower
Equity Options Flat Fee Rs 15 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 10
Commodity NA Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
Currency Futures Flat Fee Rs 15 Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 15 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 10
Rated 4 stars
Rated 4 stars Rated 4.5 stars Rated 4.5 stars Rated 4 stars

Other Charges

  • Call & Trade Charges: Delivery Rs 25, Intraday and F&O Rs 10 per executed order
  • RMS Auto Square Off Charges: Delivery Rs 25, Intraday and F&O Rs 10 per executed order
  • Hidden Charges: No

For complete brokerage charges and trading plans detail please visit ProStocks Brokerage Charges.

Please refer unique and accurate ProStocks Brokerage Calculator

How to open ProStocks Account online?

For online trading with ProStocks, investor has to open an account. Following are the ways to open an account with ProStocks:

  • ProStocks claims 100% online account online process, is among the very few brokers who are providing eKYC process.To Open a online account you need Digital copy of
    1. PAN Card
    2. Aadhar Card
    3. Address Proof
    4. Latest Photo
  • Website:
  • Contact Phone Number: +91 22 62 43 43 43
  • Contact email: [email protected]
  • Corporate Office: Prostocks,
    Sunlight Broking LLP,
    B-50, Pravasi Industrial Estate,
    Goregaon (East),
    Mumbai - 400063

Click here to open an account with ProStocks online.

Unlimited Trading Plan - ProStocks

Unlimited trading [email protected] PM best for algo traders.
Rs 999 for API Access
Unlimited Plan

Alternatives to ProStocks

 Demat Account
 Demat Account
 Demat Account
 Demat Account

ProStocks Mobile App and Trading Platforms

Rated 3.5 stars Trading Platforms Rated 3.5/5

ProStocks offers web-based, desktop-based and mobile app-based trading platform to its clients. The broker provides these platforms through NSE NOW. It is available for website version, trading terminal version and as a mobile app for iPhone, Android, iPad, tablet devices, Blackberry, and Java-enabled phones.

  • ProStocks Web

    The rich HTML 5 browser-based trading enables you to trade securely using the internet without installing any application on your desktop. It is a very convenient mode of trading with real-time access to news, quotes, and trading. It offers all the features of a desktop terminal within the browser window.


    • Payment gateway to pay-in with HDFC and Yes Bank and payout with 20+ banks.
    • Advanced charts and multi-screen
    • Option to create hot functional key like the desktop version.
    • Secure, reliable and accessible.


    • Missing advance order types – Cover order, Bracket Order.
    • To see holdings, reports and order history, need to click on refresh or update button.
    • Password reset policy is very frequent.
    • The very basic web platform, not matching with current market standards.
  • ProStocks Desktop

    This is a fully functional trading terminal allowing fast execution of orders with real-time monitoring. This is a downloadable version of software and exe can be downloaded on your machine. You need admin access to install Prostocks Desktop application.


    • Advance charts with multiple advanced charting tools. Can display real-time six charts on the screen.
    • Options Calculator and in-built Options Strategies.
    • Has AMO feature.


    • Missing MAC version, so apple users have limitations.
    • Missing cover order and bracket order.
  • ProStocks Mobile

    This lightweight fully functional trading app is secure, easy to use and compatible with major mobile operating systems like android, iPhone, etc.

For detail review of mobile app and download please visit ProStocks Trading Platform Review.

ProStocks Trading Cons

  • 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.

ProStocks Customer Care info

Final thought about ProStocks

Rated 4 stars Rated 4/5 by 20 users

ProStocks is an execution-driven, low-cost, and internet-based firm. The best point about ProStocks is its multiple plans. Monthly and yearly plan is good for traders who wish to do big trades in the market. Flat fee plan is appropriate for Investors. Traders can save a big amount in stamp duty and PCM fee with ProStocks. Company is putting efforts to improve the user experience and will overcome the considerations in the short term.

Request call back from ProStocks

Last updated on: 2022-02-20

Reference Topics

ProStocks User Reviews

34. Sumit Das May 25 2022 12:27:38 PM Reply
i will rate later about maintenance and and customer service


Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Above Average
33. Gopal R Aug 27 2021 12:11:14 PM Reply
Friends don''t waste your time and hard earned money through this worst platform even customer care services are handled by unskilled workers.
32. Arunkumar Nov 21 2020 06:46:24 AM Reply
It will be real SERVICE to the customer incase features like SMALLCASE AND DEBENTURES AND BOND TRADING ADDED


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
31. Akash Oct 12 2020 09:21:14 PM Reply


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
30. Satheesh Aug 28 2019 01:03:06 PM Reply
I strongly recommend for prostocks for their services, very low broking cost, good customer support, good trading platform,user friendly backoffice, stampduty is max 50Rs only , even we belong to the state charging 0.006%, no stockbrokers in India give this verylow cost with good services, because I experienced many stockbrokers, Traders and investors save lot money comparing other brokers
29. Vamsi Krishna Reddy Jun 04 2019 05:15:15 PM Reply
Very Good for option traders who trade huge lots of options.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Excellent
28. lakshmi Apr 29 2019 01:06:25 AM Reply
Does prostocks offer basket order facility? Actually I will be trading heavily and even 20 rupees or 9 rupees will be very high for me. A fixed monthly charge of 1000 or less will suit me. But I need to place multi legged market orders. Hence I want basket order facility. Please do not call me as the number given is incorrect. Please email and I will open an account through you.
27. Mukesh Dabholkar Jan 25 2019 08:16:09 PM Reply
I want to start trading. I want to start trading with Equity.
1- How much fees is need to open an account?
2- how much minimum amount required to deposit in account to start trading.
26. atul Jan 22 2019 11:09:07 AM Reply
Can you providing customer support and trading tips?
25. bharathi ml Dec 14 2018 08:59:24 AM Reply
are u provide commodities trading