Prostocks Vs Groww (Compare Prostocks and Groww)

• Cheapest flat fee broker in India. Offers Rs 899 unlimited equity and equity f&o trading and Rs 15 per trade plan.
• Cover Order (CO) is available in unlimited monthly plan. Bracket order is coming soon.
• Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account.
• 2-in-1 Accounts offers seamless transactions between trading and demat account.
• 2 Pricing plans to choose from.
• Lowest exchange transaction changes, guaranteed.
• Life time free demat account with one time Rs 1000 deposit. No account opening and no annual maintenance charges.
• ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
• Cheapest Call & Trade fee (Rs 10 per executed order) among all discount brokers. Other brokers charge minimum Rs 20 per trade.
• 24x7 customer service though Advance Interactive voice response(IVR).

• Simple pricing model with low-cost trading charges.
• Free Mutual Fund investments with no hidden charges.
• Zero Account opening fee.
• Zero Maintenance Charges.
• Direct MF platform that helps you earn an extra 1.5% returns.
• E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
• Instant paperless account opening.
• Online IPO application.
• Inhouse Brokerage Calculator
• Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 

• Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
• Doesn't offer trading in SME shares.
• No Call and Trade services.
• Branch support not available.
• Do not provide stock tips, research reports, or recommendations.
• No Margin trading facility.
• No Margin against shares.
• Advanced order types like BO, CO, AMO, and GTT not available.
• Trailling stop loss orders are not available in Groww app.
• Do not offer NRI Trading.

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.

The Top 10 Reasons to Trade with ProStocks

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.