About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among the top 10 stock brokers in India with over 4.2 lakhs active customers.
AxisDirect offers investment in Equities, Mutua... 
About Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited Equity and Derivatives Trading at Rs 899 per month or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited t...
Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.
| Ā | AxisDirect | Prostocks |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 2006 | 2016 |
| Number of Branches | 56 | 1 |
| Open AxisDirect Account | Open Prostocks Account |
AxisDirect trading account opening charges is Rs 0 while Prostocks account opening changes is Rs 0 (Free). AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).
| Ā | AxisDirect | Prostocks |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 750 (free for 1st year) | Rs 0 (Lifetime Zero AMC) |
AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg) whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.
| Account Type | AxisDirect Standard Brokerage Plan | Prostocks Flat Rate Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | 0.50% (Each Leg) | Rs 0 (Free) |
| Equity Intraday | 0.05% (Each Leg) | Rs 15 per executed order |
| Equity Futures | 0.05% (Each Leg) | Rs 15 per executed order |
| Equity Options | Rs 20 Per Order | Rs 15 per executed order |
| Currency Futures | 0.03% (Each Leg) | Rs 15 per executed order |
| Currency Options | Rs 20 Per Order | Rs 15 per executed order |
| Commodity Futures | 0.03% (Each Leg) | NA |
| Commodity Options | Rs 50 per lot | NA |
| Special Offer | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless | Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today. |
| Ā | AxisDirect | Prostocks |
|---|---|---|
| Account Type | Standard Brokerage Plan | Unlimited Equity Trading Plan |
| Fixed Charges | NA | Rs 899 |
| Equity Delivery | 0.50% (Each Leg) | Rs 0 |
| Equity Intraday | 0.05% (Each Leg) | Rs 0 |
| Equity Futures | 0.05% (Each Leg) | Rs 0 |
| Equity Options | Rs 20 Per Order | Rs 0 |
| Currency Futures | 0.03% (Each Leg) | NA |
| Currency Options | Rs 20 Per Order | NA |
| Commodity Futures | 0.03% (Each Leg) | NA |
| Commodity Options | Rs 50 per lot | NA |
| Open AxisDirect Account | Open Prostocks Account |
| Ā | AxisDirect | Prostocks |
|---|---|---|
| Account Type | Standard Brokerage Plan | Unlimited Currency Trading Plan |
| Fixed Charges | NA | Rs 499 |
| Equity Delivery | 0.50% (Each Leg) | NA |
| Equity Intraday | 0.05% (Each Leg) | NA |
| Equity Futures | 0.05% (Each Leg) | NA |
| Equity Options | Rs 20 Per Order | NA |
| Currency Futures | 0.03% (Each Leg) | Rs 0 |
| Currency Options | Rs 20 Per Order | Rs 0 |
| Commodity Futures | 0.03% (Each Leg) | NA |
| Commodity Options | Rs 50 per lot | NA |
| Open AxisDirect Account | Open Prostocks Account |
| Minimum Brokerage | Rs 25 per trade | Rs 0 |
| Other Charges | ||
| Call & Trade Charges | Rs 20 per call (First 20 calls free for a month) | Rs 0 (Free) |
| Open AxisDirect Account | Open Prostocks Account |
AxisDirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Prostocks margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Ā | AxisDirect | Prostocks |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open AxisDirect Account | Open Prostocks Account |
The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.
| Ā | AxisDirect | Prostocks |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | DirectTrade, Axisdirect Web, Axisdirect Mobile | ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API |
| Intraday Square-off Time | 3:15 | Equity 3:15 PM | Curr: 4:45 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open AxisDirect Account | Open Prostocks Account |
AxisDirect is rated of 5 based on 89 customer reviews whereas Prostocks is rated of 5 based on 43 customer reviews.
| Ā | AxisDirect | Prostocks |
|---|---|---|
| Ā | 89 Customer Reviews Ā Ā Ā  | 43 Customer Reviews Ā Ā Ā |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating | |  |
| Broker Rating | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews | Prostocks is Rated 3.3 / 5 based on 43 customer reviews |
| Ā | AxisDirect | Prostocks |
|---|---|---|
| Contact Broker | Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless | Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today. |
| Ā | AxisDirect | Prostocks |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Ā | AxisDirect | Prostocks |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open AxisDirect Account | Open Prostocks Account |
| Ā | AxisDirect | Prostocks |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Ā | AxisDirect | Prostocks |
|---|---|---|
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| Reviews | ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market. ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds. | |
| Promo / Offers | AxisDirect Special OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! | Prostocks Special OfferUnlimited Monthly Trading @ Rs 899
This is a limited-time offer. Open FREE Instant Demat Account and start trading today. |
| Open AxisDirect Account | Open Prostocks Account |
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