ProStocks Review 2026: Brokerage Charges, Plans & Safety
ProStocks is a flat-fee discount broker in India for active derivatives traders and long-term investors who want predictable costs. It is a venture of Sunlight Broking LLP and offers a flat fee per order as well as monthly unlimited plans.
This review covers its SEBI registration, fees by segment, deposits, and trading platforms. You will see whether it fits your trading style or whether another broker suits you better.
ProStocks Review Overview:
- Broker Type: Flat-fee discount stock broker
- Founding Year: 2016
- Depository Participant: Central Depository Services (India) Limited (CDSL)
- Official Website: ProStocks
Note: This link leads to the platform’s specifications page only. This website does not offer account opening or direct financial transaction services. Investing carries significant risk — please verify the legal status in your own country before use.
Disclaimer: This website’s content is provided for informational and educational purposes only. ProStocks is a business duly licensed and registered with the Securities and Exchange Board of India (SEBI) under SEBI Reg. No. INZ000048660. Investing in securities and derivatives is regulated by SEBI, but investing carries risk from market volatility, and investors may lose their entire capital. Please read the prospectus and assess your risk before investing.
Pros and Cons of ProStocks
Pros
- Zero brokerage on Equity Delivery investments without mandatory platform subscriptions.
- Flat fee of ₹15 per executed order on Intraday, Futures and Options (F&O), and Currency segments.
- No Demat account maintenance charge (AMC ₹0); ProStocks collects a ₹1,000 refundable deposit for the Demat account.
- Optional unlimited trading plans: ₹899 per month for Equity and Equity Derivatives and ₹499 per month for Currency, per exchange. Brokerage is charged per trade and capped at the plan amount, so you pay nothing in a month without trades.
- API access provided for automated and algorithmic trading at no recurring platform cost.
Cons
- Commodity derivatives segment trading on MCX/NCDEX is not offered.
- The Star mobile app has a basic user interface.
- Net banking deposits through the payment gateway cost ₹9 + GST, except for HDFC Bank and Yes Bank.
- Customer support channels operate during standard business hours only (Monday to Friday, 9:00 AM – 6:00 PM IST), lacking weekend coverage.
ProStocks Broker Review Score:
| Category | Score | Notes |
|---|---|---|
| Safety and Regulation | 3.8/5.0 | Holds active registration with SEBI, BSE, NSE, and CDSL. |
| Pricing and Fees | 3.8/5.0 | Flat ₹15 model and unlimited plans; commodity trading absent. |
| Deposits and Withdrawals | 3.4/5.0 | Instant UPI funding is free; gateway fee applies to select net banking portals. |
| Range of Tradable Assets | 3.8/5.0 | Covers Equity, Equity Derivatives, and Currency; no commodity contracts. |
| Platform Quality | 4.2/5.0 | Stable desktop, web, and Python API architecture with standard charting tools. |
| User Experience and Interface | 3.8/5.0 | Mobile app uses a utilitarian layout. |
| Account Types & Min Deposit | 3.8/5.0 | Standard 2-in-1 accounts, Basic Services Demat Account (BSDA) accounts, and Non-Resident Indian (NRI) options; ₹1,000 refundable Demat deposit. |
| Learning Resources | 2.8/5.0 | Educational tools consist mainly of basic market FAQs and margin calculators. |
| Service and Support | 3.2/5.0 | Multi-channel desk operating on weekday market hours; no 24/5 support. |
| Overall Score | 3.6/5.0 | Average of the nine category scores; no Safety Cap applied. |
The ratings and reviews on this site reflect our independent assessment at the time of publication and do not constitute financial, investment, or trading advice. Broker offerings, fees, and regulatory status may change — please verify directly with the broker before deciding. Monetyra is not a SEBI-registered investment adviser; Indian users should consult a SEBI-registered adviser before making any investment decision.
Safety and Regulation
Sunlight Broking LLP operates the ProStocks platform in compliance with Indian capital markets regulations. Investor security is anchored by formal registrations with market authorities:
- SEBI Registration: SEBI Reg. No. INZ000048660
- Exchange Memberships:
- NSE Member ID: 90084
- BSE Member ID: 6635
- Depository Registration: CDSL DP ID: 12083200 (SEBI Reg. No. IN-DP-280-2016)
- Registers: SEBI | NSE | CDSL
SEBI regulations require brokers to keep client funds separate from their own, and shares you buy are credited to your demat account with CDSL. Trades on NSE and BSE fall under the exchanges’ investor protection and complaint channels. Registration does not remove market risk, so check the broker’s status on SEBI’s register before you open an account.
Range of Tradable Assets
Our ProStocks review of tradable assets covers equity, derivatives, and currency segments. ProStocks provides access across these segments of Indian exchanges:
- Equity Cash (Delivery and Intraday on NSE and BSE)
- Equity Futures (NSE and BSE derivative contracts)
- Equity Options (Index and Stock options)
- Currency Derivatives (USDINR, EURINR, GBPINR, JPYINR futures and options)
- Initial Public Offerings (IPO bidding via UPI)
ProStocks does not provide trading access to commodity derivatives on MCX or NCDEX. Its website says mutual fund services are planned, so mutual funds are not listed here.
Futures and Options are leveraged products, and you can lose more than you expect in a short time. ProStocks publishes SEBI’s Risk Disclosures on Derivatives on its website; read them before you trade.
Deposits and Withdrawals
Our ProStocks review of funding options covers UPI, net banking, and bank transfers. Deposits are credited instantly, and payouts follow bank clearing schedules.
| Channel | Deposit Fee | Withdrawal Fee | Processing Window |
|---|---|---|---|
| UPI (Virtual Payment Address gateway) | ₹0 (Free) | Not Applicable | Instant credit to trading balance |
| Net Banking (Partner Banks: HDFC, Yes Bank) | ₹0 (Free) | Not Applicable | Instant credit |
| Net Banking (Other Gateway Banks) | ₹9 + GST | Not Applicable | Instant credit |
| NEFT, RTGS, or IMPS | ₹0 (Broker side) | Not Applicable | Reflected upon bank settlement |
| Online Fund Payout Request | Not Applicable | ₹0 (Free) | Up to 24 hours (Requests received by 3:00 PM are processed at 7:00 PM on working days) |
Source: https://www.prostocks.com/fund-transfer.html — Verified as of: October 26, 2026
NEFT is the National Electronic Funds Transfer, RTGS is Real Time Gross Settlement, and IMPS is Immediate Payment Service.
Note for Indian Investors: You can place a withdrawal request only online, and funds go only to your primary bank account. Requests received by 3:00 PM on working days (Monday to Friday) are processed at 7:00 PM and credited by the end of the next working day. Later requests are processed on the next working day.
Pricing and Fees
Our ProStocks review of trading costs compares the flat-fee plan with the monthly unlimited plans. The flat plan charges per executed order. The monthly plans cap your brokerage at a fixed amount per exchange.
| Segment | Flat Brokerage Fee | Unlimited Monthly Plan | Suitable For |
|---|---|---|---|
| Equity Delivery | ₹0 (Zero) | Included | Long-term investors building delivery portfolios |
| Equity Intraday | Flat ₹15 per order | ₹899 / month | Active traders comparing intraday brokerage charges |
| Equity Futures | Flat ₹15 per order | ₹899 / month (Combined with Equity) | Derivatives hedgers and systematic trend followers |
| Equity Options | Flat ₹15 per order | ₹899 / month (Combined with Equity) | Retail options buyers and spread sellers |
| Currency Derivatives | Flat ₹15 per order | ₹499 / month | Currency arbitrageurs and forex pair hedgers |
| Commodity Derivatives | Not stated (Segment not offered) | Not applicable | Not applicable |
Source: https://www.prostocks.com/pricing.html — Verified as of: October 26, 2026
Statutory & Additional Charges
- Depository Participant (DP) Charge: ₹20 plus 18% GST per scrip on the sell side for equity delivery trades.
- Statutory Levies: Securities Transaction Tax (STT), exchange transaction charges, SEBI charges, and GST apply as required by regulations.
Account Types & Min Deposit
This ProStocks review of account types covers the standard, BSDA, and NRI accounts.
| Account Category | Minimum Deposit | Maintenance Charge (AMC) | Features |
|---|---|---|---|
| Standard Resident Individual | ₹0 trading balance (₹1,000 refundable Demat deposit) | ₹0 | Full trading privileges across all active exchange segments. |
| Basic Services Demat Account (BSDA) | ₹0 trading balance (₹1,000 refundable Demat deposit) | ₹0 (holding value up to ₹400,000) | Low-cost regulatory framework per statutory guidelines. |
| Non-Resident Indian (NRI) Account | See ProStocks’ NRI page | See ProStocks’ NRI page | Trade execution through NRE or NRO accounts. |
ProStocks charges no AMC on its trading or Demat account and collects a ₹1,000 refundable deposit for the Demat account. You can read more in our overview of demat account opening charges.
Source: https://www.prostocks.com/pricing.html — Verified as of: October 26, 2026
Platform Quality
Our ProStocks review of platforms covers the web terminal, desktop terminal, and API.
ProStocks Star Web
The web platform runs in your browser without local software. Star Web offers charting tools, technical indicators, and market depth data. Order placement is direct, with support for market, limit, stop-loss, and after-market orders.
ProStocks Star Desktop Terminal
The desktop terminal suits active derivative traders and offers customizable multi-monitor workspaces. It offers keyboard shortcuts, tick-by-tick market data, and options Greek calculators.
ProStocks API
For programmatic traders, ProStocks provides open REST APIs covering market data streaming, order placement, and position management. The API interface supports Python and other languages, allowing systematic execution without recurring monthly software charges.
User Experience and Interface
Account Onboarding
Client onboarding at ProStocks follows standard digital KYC protocols under SEBI norms. Investors submit Aadhaar-linked e-Sign verification, PAN validation, and digital bank verification, allowing accounts to activate within 24 to 48 hours.
Mobile Application Usability
The ProStocks Star mobile app is available on Android and iOS platforms. It works for portfolio tracking and basic orders, but its design is basic compared with newer fintech apps.
Learning Resources
ProStocks maintains a technical repository of resources. Educational materials focus on procedural FAQs, exchange compliance notices, and functional margin calculators. The platform does not host an interactive educational academy, webinar series, or structured beginner investing curriculum. Investors seeking foundational market education will need to consult independent financial educational hubs.
Service and Support
Our ProStocks review of support channels covers telephone and email. ProStocks lists these channels:
- Telephone Desk: +91 22 62434343
- Email Support: [email protected]
- Operational Hours: Monday to Friday, 9:00 AM – 6:00 PM IST
- Call & Trade Services: Monday to Friday, 9:00 AM – 5:00 PM IST (applicable order fee applies)
Support operations do not run on weekends or extended 24-hour cycles.
Final Thoughts on ProStocks Review
ProStocks is a low-cost option for traders who want predictable fees. Its flat ₹15 per order rate and monthly plans can lower your costs if you trade often.
If you want a polished mobile app, commodity trading, or beginner tutorials, you may find ProStocks too basic. It works best as an execution tool for self-directed traders who want low costs.
FAQs
CNC stands for Cash and Carry, which is the product code used for equity delivery trades intended for long-term holding. When using CNC, the trade must be fully funded with client capital, and the shares are credited directly to your CDSL Demat account on settlement.
ProStocks is registered with the Securities and Exchange Board of India (SEBI) under SEBI Reg. No. INZ000048660, and it is a trading member of the National Stock Exchange (NSE) and BSE Limited (BSE). Check its status on SEBI’s register before you open an account.
ProStocks charges ₹0 brokerage on Equity Delivery. For Equity Intraday, Futures, Options, and Currency Derivatives, it charges a flat ₹15 per executed order. It also offers monthly plans, starting at ₹899 per month (₹499 for Currency).
To open an account, visit the official website and complete the paperless digital onboarding process. You must submit your PAN, Aadhaar number for OTP-based e-Sign verification, bank proof, and income documentation for derivatives activation.
No. ProStocks lists no account maintenance charge (AMC) for its trading and Demat accounts and collects a ₹1,000 refundable deposit for the Demat account. Basic Services Demat Accounts (BSDA) have ₹0 AMC for holding values up to ₹400,000.
Full Disclaimer: This website’s content is provided for informational and educational purposes only. ProStocks (Sunlight Broking LLP) is a business duly licensed and registered with the Securities and Exchange Board of India (SEBI) under registration number INZ000048660. Investing in securities and derivatives is regulated by SEBI, but investing carries risk from market volatility, and investors may lose their entire capital. Please read the offer documents, risk disclosures, and platform terms before investing.
This article was created with AI assistance and reviewed by our editorial team