Prostocks Vs Arihant Capital NRI Account Comparison

Prostocks Vs Arihant Capital

The side-by-side comparison of Prostocks and Arihant Capital NRI Account. Compare Prostocks Vs Arihant Capital NRI Account brokerage charges, exposure margin, demat account and AMC. Read Arihant Capital and Prostocks NRI Account reviews.

Find out Prostocks Vs Arihant Capital which is better NRI Trading Account. See Prostocks Vs Arihant Capital which is best NRI Demat Account.

Our Prostocks comparison with Arihant Capital Markets Limited highlights the major differences between two brokers. Find the best between Prostocks and Arihant Capital NRI Account.

 ProstocksArihant Capital
 
 Prostocks LogoArihant Capital Logo
About the BrokerProstocks is a flat-fee discount stock broker offering online investing and trading services to Resident and NRI Investors. It offers a 2-in-1 account, combining trading and demat account, to NRIs to trade across equity, derivatives, mutual funds, an...Know more about ProstocksAs an NRI, investing back home should feel seamless, transparent, and well-supported - not paperwork-heavy or confusing. Arihant Capital Markets Ltd. understands this expectation and offers a comprehensive, personalised investment service designed sp...Know more about Arihant Capital Markets Limited
Account TypeNRI Account
Special Offer
Special Offer:

₹0 Equity Delivery Brokerage| Flat ₹15/Order (Intraday & F&O)| Unlimited Monthly Trading at ₹899/month (Equity & F&O), ₹499/month (Currency)

Open FREE Instant Demat Account

Special Offer: Trade at ₹20 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities. Open an instant account (FREE) with Arihant Capital and start trading today.

Prostocks Vs Arihant Capital Charges

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 ProstocksArihant Capital
NRI Account Opening Fees₹0Rs 250 (One-time)
NRI Account AMC₹0First year free & thereafter Rs 362
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCRs 0 (Lifetime Zero AMC)Free for 1st year; Rs 25/month + GST from 2nd year
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Prostocks AccountOpen Arihant Capital Account

Prostocks Vs Arihant Capital NRI Account Brokerage Comparison

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Account TypeProstocks NRI AccountArihant Capital
Equity Delivery₹40 per executed order0.3% of transaction value
Equity Futures₹40 per executed orderRs 50 per lot
Equity Options₹40 per executed orderRs 50 per lot
Open Prostocks AccountOpen Arihant Capital Account

Other Charges

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Contract Note Reporting ChargesNA
Other Brokerage ChargesDebit Transaction (DP) Fee: Rs 30 per scrip or or 0.04%of value whichever is higher (when selling)
TDS Charges on Long Term Gain (Holding > 365 Days)11.96%11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days)17.94%17.94%

Prostocks Vs Arihant Capital NRI Account Taxes/Fees

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 ProstocksArihant Capital
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
Exchange Transaction ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% on delivery based turnover and 0.002% on non-delivery based turnover.0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

Prostocks Vs Arihant Capital NRI Account Margin

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 Prostocks MarginArihant Capital Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.

Prostocks and Arihant Capital NRI Account Features

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 ProstocksArihant Capital
3-in-1 AccountNoNo
Automated TradingYesYes
Free Research And TipsNoNo
Other FeaturesTrading API, GTC & AMO orders
Open Prostocks AccountOpen Arihant Capital Account

Prostocks Vs Arihant Capital NRI Account Review

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 Prostocks ReviewArihant Capital Review
 43 Customer Reviews    Rate Prostocks0 Customer Reviews    Rate Arihant Capital
FeesRated 4.5 starsRated undefined stars
BrokerageRated 4.2 starsRated undefined stars
Trading PlatformRated 2.9 starsRated undefined stars
Customer ServiceRated 3.2 starsRated undefined stars
Overall RatingRated 3.3 starsRated undefined stars
Broker RatingProstocks is Rated 3.3 / 5 based on 43 customer reviewsArihant Capital is Rated / 5 based on 0 customer reviews
Open Prostocks AccountOpen Arihant Capital Account

Contact Broker / Request A Call Back

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 Prostocks EnquireProstocks Enquire
Contact Broker

₹0 Equity Delivery Brokerage| Flat ₹15/Order (Intraday & F&O)| Unlimited Monthly Trading at ₹899/month (Equity & F&O), ₹499/month (Currency)

Open FREE Instant Demat Account

Trade at ₹20 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities. Open an instant account (FREE) with Arihant Capital and start trading today.

Prostocks Vs Arihant Capital NRI Investment Options

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 ProstocksArihant Capital
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsBonds (include 54EC tax saving bonds), Portfolio Management Service, Alternative Investment Fund

Prostocks Vs Arihant Capital NRI Customer Service

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 ProstocksArihant Capital
Customer Care Number+91 88503 17671, +91 22 6243 4343, +91 22 3811 0110731-4217003
Customer Care Emailsales@prostocks.com
Open Prostocks AccountOpen Arihant Capital Account

Prostocks Vs Arihant Capital Order Type Offered for NRI Account

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 ProstocksArihant Capital
Bracket OrderYesNo
Cover OrderYesNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo

Prostocks Vs Arihant Capital - NRI Account Advantages and Disadvantages

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 ProstocksArihant Capital
Pros
  • ProStocks is the most popular broker for NRI Trading Account.
  • Prostocks charges a flat fee of Rs 40 per trade which is the cheapest fee charged by any broker in India.
  • No minimum deposit or funds are required.
  • GTC (Good Till Cancel) and AMO (After Market Order) are available.
  • Advance order types like BO, CO, OCO, etc are available.
  • Mutual Funds, Equity SIP, and IPO is available.
  • Trading APIs are available at flat Rs 1000 per month.
  • Demat and Trading accounts at Prostocks are lifetime AMC free.
  • NRI customer doesn't require a separate Custodial Account to trade in Equity F&O. CP code no longer mandatory for NRo trading in futures and options .
Cons
  • Doesn't offer a 3-in-1 account. An NRI has to open an NRI Bank Account before opening a trading and demat account.
Conclusion

Prostocks offer online trading service at the cheapest brokerage rate to the NRIs. It has partnerships with 5 popular banks in India to offer NRI trading. The free account opening and AMC free demat & trading account is an added advantage for the NRI customers. Prostocks doesn't provide research and advisory service. It suits well for frequent traders who execute 100's of trades daily.

Promo / Offers

ProstocksSpecial Offer

Trade More. Pay Less with ProStocks

  • Zero Account opening Charges
  • Lifetime Free AMC Demat Account
  • ₹0 Brokerage on Equity Delivery
  • Flat ₹15 Per Executed Order (Intraday and F&O)
  • Lifetime Free AMC Demat Account
  • Unlimited trading plan at ₹899/month (Equity & F&O) and ₹499/month (Currency F&O)

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

Arihant CapitalSpecial Offer

₹20 brokerage on trades across all segments

  • Free account opening for everyone
  • ₹20 per executed order across all segments
  • Trade in Equity Delivery, Intraday, F&O, Currency & Commodities
  • Access ArihantPlus App, ArihantPlus Web Trading App and Desktop Trading Platforms (ODIN and NEST)

Open your instant Arihant Capital account online and start trading today.

Open Prostocks AccountOpen Arihant Capital Account

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