1. Prostocks Brokerage Calculator
The website of Prostocks hosts the brokerage calculator. Brokerages are the charges that a trader pays as commission to the broker for facilitating the trading. It gives exact calculations of how much each trade would be charged on the broker. It provides calculation on Equities, F&O, Commodities and Currency segments. This helps the traders plan their trades better with proper targets stop loss. They are known for their unlimited brokerage plan. They let you open the account with them free of cost. The Brokerage calculator does these calculations for you in matter of seconds. They give the detailed contract note for you.
2. Prostocks Equity Brokerage Calculator
In this section we will cover the brokerage on the Intraday, delivery and derivatives of the Equity segment. Intraday and delivery are the most common orders that are paced on trading platform. Almost all of the brokers charge lesser on the intraday orders than the delivery orders. Some brokers charge flat charges all the segments.
– Prostocks Equity Intraday Brokerage Calculator
On Equity Intraday they charge nil brokerage on one of its basic plans. They also have the different kind of plans that charge flat fees of Rs 15 on all the segments. They also charge other fees as per the requirements by the exchange. All charges are detailed out on the provisional contract note on the brokerage calculator.
– Prostocks Equity Delivery Brokerage Calculator
They do not charge any brokerage on the delivery trade on one of their plans. Delivery trades are the ones that are held for more than one trading session. They can be closed when the trader finds a better price for selling off the position.
– Prostocks Equity Future Brokerage Calculator
They also do not charge any fees on Equity futures on one of their basic plans. In another plan they do charge Rs 15 flat brokerage. Futures on equities also need margin to be maintained on the trading account. The trader can choose the best plan that suits them. Not all equities have future contracts available for. The list of equity futures can be found on broker website and also on the NSE website.
– Prostocks Equity Option Brokerage Calculator
Options are another form of derivatives that has an expiration date attached to them. Brokerage on them are nil for one of their basic plan and on the other plan they charge flat Rs 15 for each order. As similar to the futures they also need margin on the account to be maintained. Not all equities can have an option contract. The list of equities that have an option for them is listed on the broker website. They can also be found on the NSE website.
3. Prostocks Commodity Brokerage Calculator
Commodities can also be traded on Prostocks trading platform. MCX is the exchange that facilitate the commodity trading. They charge similar charges to that of the NSE exchange. The plans are also similar to that of Equities on the broker. Gold, Silver and Crude oil are the most popular ones. Commodities are traded in derivative forms, either as Future or options. Future lots have both mega and mini lots. Small traders can use mini lots if they have smaller capital. The profits on the mini lots are smaller when compared to the mega lots.
Prostocks Commodity Future Brokerage Calculator
On Commodity Futures Prostocks charges nil brokerage on one of its plans. They also charge flat brokerage of Rs 15 on one of its other plans. Other exchange related charges are different when compared to the NSE or BSE.
Prostocks Commodity Option Brokerage Calculator
Similar to the Commodity Futures, they charge nil brokerage on one of their basic plans. On the other one they charge Rs 15 as flat brokerage.
4. Prostocks Currency Brokerage Calculator
They also have the facility to trade on currencies. You can trade either in a future contract or also options contract on currencies. Currency market is one of the volatile markets and runs almost 24 hours and across 7 days a week.
Prostocks Currency Future Brokerage Calculator
They charge nil on the basic plans and Rs 15 flat on one of their other plans. Traders can choose that best suits their trading capacity.
Prostocks Currency Option Brokerage Calculator
They charge nil brokerage on their basic plan and Rs 15 as flat brokerage on their other plan.
5. Prostocks Basic Plan Brokerage Charges Table.
|Segment||Unlimited Equity||Unlimited Currency||Flat Fees|
|Monthly Fee (Fixed)||₹899||₹499||–|
|Equity Delivery||₹0||NA||₹ 15|
|Equity Intraday||₹0||NA||₹ 15|
|Equity Futures||₹0||NA||₹ 15|
|Equity Options||₹0||NA||₹ 15|
|Currency Futures||NA||₹0||₹ 15|
|Currency Options||NA||₹0||₹ 15|
6. Prostocks BO & CO Brokerage Calculator
Prostocks do not have facility for BO and CO. Hence there is no brokerage calculator available for BO & CO on Prostocks.
7. Prostocks Span Brokerage Calculator
There is no additional charge for Span margin facility on Prostocks. Hence no brokerage calculation available for it.
8. Need Prostocks Brokerage Calculator
The brokerage calculator is detailed enough to make you understand how much will you be charged for each type of segment. This will help you plan your targets profits or loss if it hits the SL. Also as they provide more than one plans for the traders convenience this makes it more attractive. The calculator itself is too smooth to use and you can calculate the brokerage in blink of an eye. It covers all the segments.
9. List of other Stock Broker Brokerage Calculator
|Wisdom Capital Brokerage Calculator||Alice Blue Brokerage Calculator||Profit Mart Brokerage Calculator|
|Upstox Brokerage Calculator||Astha Trade Brokerage Calculator||Fyers Brokerage Calculator|
|5Paisa Brokerage Calculator||Trading Bells Brokerage Calculator||Finvasia Brokerage Calculator|
|Upstox Broker Review||Alice Blue Broker Review|
|Zerodha Broker review||Astha Broker Review|
|5Paisa Broker Review||Fyers Broker Review|
What are Prostocks brokerage charges?
Ans: Prostocks charges nil brokerage for one of its basic plan across all the segments.
What is STT charge in Prostocks?
Ans: STT charge on Prostocks is Rs 8 + Rs 5.5 flat for every debit transaction. This is applicable for sell orders
Is Prostocks a good broker?
Ans: Prostocks is catering to different kinds of traders and offers nil brokerage in one of their plans. Hence it can be considered a good broker.
Can we convert intraday to delivery in Prostocks?
Ans: Yes, we can convert intraday to delivery in Prostocks.
Is Prostocks really free?
Ans: It charges nil fees for opening account with them. However there are other AMC charges.
Ans: Both the brokers are almost equal with ShareKhan being slightly better.
What is one unique thing on Prostocks brokers?
Ans: Prostocks are known for their unlimited trading plan.