Comparison –  Pro Stocks Vs Kotak Securities

Prostocks Kotak Securities
Year of Incorporation Feb 2016 as Sunlight Broking LLP 1994
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL/CDSL
Brokerages
Equity Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.01/0.1 if brokerage paid upfront
Equity Futures Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year 0.05% – Reduces upto 0.01% if brokerage paid upfront
Equity Options Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 499/monthly, Rs.4,999 Unlimited Trading Per Year 0.05% – Reduces upto 0.01% if brokerage paid upfront
Currency Options lat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 499/monthly, Rs.4,999 Unlimited Trading Per Year Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Commodity NA 0.05% – Reduces upto 0.01% if brokerage paid upfront
Account opening charges
Trading and Demat Rs. 300 NA
Only Trading Rs. 300 Rs 750
Commodity NA Rs 250
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 7 days 5 Days
Margins & Leverage Provided
Equity Upto 5 times for Intraday & 0 for Delivery
Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of Rs 75/Lakh/day or @24%/annum
Equity Futures Upto 1.5 times for Intraday Upto 5 times Intraday
Equity Options No Margin Buying No Margin, Shorting upto 2 times for Intraday
Currency Futures Upto 1.5 times for Intraday Upto 2 times Intraday
Currency Options Upto 1.5 times for Intraday Buying No Margin, Shorting upto 2 times for Intraday
Commodity NA Upto 2 times Intraday
Serviceable
3 in 1 Account NO YES
Instant Fund withdrawal NO YES
Instant Fund Transfer YES YES
Relationship Managers NO YES