About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one o...
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 <mark>unlimited Equity and Derivatives Trading at Rs 899 per month</mark> or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this pl...
Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.
Kotak Securities | Prostocks | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE |
Year of Incorporation | 1994 | 2016 |
Number of Branches | 153 | 1 |
Open Kotak Securities Account | Open Prostocks Account |
Kotak Securities trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).
Kotak Securities | Prostocks | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account AMC Charges | Rs 600 | Rs 0 (Lifetime Zero AMC) |
Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.
Account Type | Kotak Securities Trade Free Plan | Prostocks Flat Rate Plan |
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Fixed Charges | NA | |
Equity Delivery | 0.20% | Rs 0 (Free) |
Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 15 per executed order |
Equity Futures | Rs 10 per order | Rs 15 per executed order |
Equity Options | Rs 10 per order | Rs 15 per executed order |
Currency Futures | Rs 10 per order | Rs 15 per executed order |
Currency Options | Rs 10 per order | Rs 15 per executed order |
Commodity Futures | Rs 10 per order | NA |
Commodity Options | Rs 10 per order | NA |
Special Offer | Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now | 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.
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Kotak Securities | Prostocks | |
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Account Type | Trade Free Youth | Unlimited Equity Trading Plan |
Fixed Charges | Rs 899 | |
Equity Delivery | Rs 0 | Rs 0 |
Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 0 |
Equity Futures | Rs 10 per order | Rs 0 |
Equity Options | Rs 10 per order | Rs 0 |
Currency Futures | Rs 10 per order | NA |
Currency Options | Rs 10 per order | NA |
Commodity Futures | Rs 10 per order | NA |
Commodity Options | Rs 10 per order | NA |
Open Kotak Securities Account | Open Prostocks Account |
Kotak Securities | Prostocks | |
---|---|---|
Account Type | Trade Free Pro | Unlimited Currency Trading Plan |
Fixed Charges | Rs 499 | |
Equity Delivery | 0.10% | NA |
Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | NA |
Equity Futures | Rs 10 per order | NA |
Equity Options | Rs 10 per order | NA |
Currency Futures | Rs 10 per order | Rs 0 |
Currency Options | Rs 10 per order | Rs 0 |
Commodity Futures | Rs 10 per order | NA |
Commodity Options | Rs 10 per order | NA |
Open Kotak Securities Account | Open Prostocks Account |
Minimum Brokerage | Rs 0 | |
Other Charges | ||
Call & Trade Charges | Rs 49 + GST per executed order | Rs 0 (Free) |
Open Kotak Securities Account | Open Prostocks Account |
Kotak Securities 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.
Kotak Securities | Prostocks | |
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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 Kotak Securities Account | Open Prostocks Account |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.
Kotak Securities | Prostocks | |
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3 in 1 Account | ![]() | ![]() |
Automated Trading | ![]() | ![]() |
Margin Trading Funding | ![]() | ![]() |
Margin Against Shares (Equity Cash) | ![]() | ![]() |
Margin Against Shares (Equity F&O) | ![]() | ![]() |
Trading Platform | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite | ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API |
Intraday Square-off Time | Equity 3:15 PM | Curr: 4:45 PM | |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | 3-in-1 account | |
Open Kotak Securities Account | Open Prostocks Account |
Kotak Securities is rated of 5 based on 200 customer reviews whereas Prostocks is rated of 5 based on 42 customer reviews.
Kotak Securities | Prostocks | |
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Contact Broker | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now | 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.
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Kotak Securities | Prostocks | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
Kotak Securities | Prostocks | |
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Bracket Order | ![]() | ![]() |
Cover Order | ![]() | ![]() |
Buy Today Sell Tomorrow (BTST) | ![]() | ![]() |
Sell Today Buy Tomorrow (STBT) | ![]() | ![]() |
After Market Order (AMO) | ![]() | ![]() |
Good Till Cancelled (GTC) | ![]() | ![]() |
Open Kotak Securities Account | Open Prostocks Account |
Kotak Securities | Prostocks | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
Kotak Securities | 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 | Kotak Securities Special OfferKotak Securities Trade Free PlanOpen a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | Prostocks Special OfferUnlimited Monthly Trading @ Rs 899
This is a limited-time offer. Open FREE Instant Demat Account and start trading today. |
Open Kotak Securities Account | Open Prostocks Account |