About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company.
The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and ... 
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 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.
| Fyers | Prostocks | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 2015 | 2016 |
| Number of Branches | 2 | 1 |
| Open Fyers Account | Open Prostocks Account |
Fyers trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).
| Fyers | Prostocks | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free AMC for Lifetime) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 0 (Free AMC for Lifetime) | Rs 0 (Lifetime Zero AMC) |
Fyers brokerage charges for equity is 0.03% or Rs 20, whichever is lower and intraday is 0.03% or Rs 20, whichever is lower whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.
| Account Type | Fyers Flat Fee Brokerage Plan | Prostocks Flat Rate Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | 0.03% or Rs 20, whichever is lower | Rs 0 (Free) |
| Equity Intraday | 0.03% or Rs 20, whichever is lower | Rs 15 per executed order |
| Equity Futures | 0.03% or Rs 20, whichever is lower | Rs 15 per executed order |
| Equity Options | Rs 20 per executed order | Rs 15 per executed order |
| Currency Futures | 0.03% or Rs 20, whichever is lower | Rs 15 per executed order |
| Currency Options | Rs 20 per executed order | Rs 15 per executed order |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | NA |
| Commodity Options | Rs 20 per executed order | NA |
| Special Offer | Special Offer: ₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments | Special Offer: ₹0 Equity Delivery Brokerage| Flat ₹15/Order (Intraday & F&O)| Unlimited Monthly Trading at ₹899/month (Equity & F&O), ₹499/month (Currency) |
| Fyers | Prostocks | |
|---|---|---|
| Account Type | Flat Fee Brokerage Plan | Unlimited Equity Trading Plan |
| Fixed Charges | NA | Rs 899 |
| Equity Delivery | 0.03% or Rs 20, whichever is lower | Rs 0 |
| Equity Intraday | 0.03% or Rs 20, whichever is lower | Rs 0 |
| Equity Futures | 0.03% or Rs 20, whichever is lower | Rs 0 |
| Equity Options | Rs 20 per executed order | Rs 0 |
| Currency Futures | 0.03% or Rs 20, whichever is lower | NA |
| Currency Options | Rs 20 per executed order | NA |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | NA |
| Commodity Options | Rs 20 per executed order | NA |
| Open Fyers Account | Open Prostocks Account |
| Fyers | Prostocks | |
|---|---|---|
| Account Type | Flat Fee Brokerage Plan | Unlimited Currency Trading Plan |
| Fixed Charges | NA | Rs 499 |
| Equity Delivery | 0.03% or Rs 20, whichever is lower | NA |
| Equity Intraday | 0.03% or Rs 20, whichever is lower | NA |
| Equity Futures | 0.03% or Rs 20, whichever is lower | NA |
| Equity Options | Rs 20 per executed order | NA |
| Currency Futures | 0.03% or Rs 20, whichever is lower | Rs 0 |
| Currency Options | Rs 20 per executed order | Rs 0 |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | NA |
| Commodity Options | Rs 20 per executed order | NA |
| Open Fyers Account | Open Prostocks Account |
| Minimum Brokerage | Intra-day: 0.03% or Rs 20, whichever is lower | Rs 0 |
| Other Charges | Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery) | |
| Call & Trade Charges | Rs 50 per trade | Rs 0 (Free) |
| Open Fyers Account | Open Prostocks Account |
Fyers 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.
| Fyers | 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 Fyers Account | Open Prostocks Account |
The trading platforms offered Fyers include Fyers App, Fyers Web, Fyers Next. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.
| Fyers | Prostocks | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Fyers App, Fyers Web, Fyers Next | ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API |
| Intraday Square-off Time | 3:15 PM | Equity 3:15 PM | Curr: 4:45 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | API Trading, Algo Trading and Insta Options is available, which is designed for options traders. | |
| Open Fyers Account | Open Prostocks Account |
Fyers is rated of 5 based on 39 customer reviews whereas Prostocks is rated of 5 based on 43 customer reviews.
| Fyers | Prostocks | |
|---|---|---|
39 Customer Reviews  | 43 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  | |
| Research Capabilities |  |  |
| Overall Rating | |  |
| Broker Rating | Fyers is Rated 2.9 / 5 based on 39 customer reviews | Prostocks is Rated 3.3 / 5 based on 43 customer reviews |
| Fyers | Prostocks | |
|---|---|---|
| Contact Broker | ₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments | ₹0 Equity Delivery Brokerage| Flat ₹15/Order (Intraday & F&O)| Unlimited Monthly Trading at ₹899/month (Equity & F&O), ₹499/month (Currency) |
| Fyers | Prostocks | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Fyers | Prostocks | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Fyers Account | Open Prostocks Account |
| Fyers | Prostocks | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Fyers | 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 | Fyers Special OfferFYERS Trade Smart. Pay Less
This is a limited-time offer. Open FREE Fyers Trading Account online and start trading today. | Prostocks Special OfferTrade More. Pay Less with ProStocks
This is a limited-time offer. Open FREE Instant Demat Account and start trading today. |
| Open Fyers Account | Open Prostocks Account |
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