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Market Wolf vs ProStocks (Compare Market Wolf and ProStocks)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Market Wolf vs ProStocks, Below comparison of Market Wolf vs ProStocks highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Market Wolf vs ProStocks is given below:

Market Wolf

ProStocks

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	Market Wolf	ProStocks

About The Brokers	Market Wolf : "Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market and can open Trading & Demat Account with Zero Account openi >>> more	ProStocks : Prostocks is an online discount broker. They are well known for their unlimited monthly trading plan for Rs 899, a lifetime-free AMC demat account, and the lowest cost trading API. They also offer fla >>> more
Find More Information about the Broker :	Market Wolf : OVERVIEW BROKERAGE	ProStocks : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Market Wolf : Discount Broker	ProStocks : Discount Broker
Promo/offers	Market Wolf : N/A	ProStocks : 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.
Advantage	Market Wolf : Market Wolf offers free trading practices during the market trading hours without KYC verification. Thus, it is beneficial for novice traders to have knowledge about trading before starting investing in the stock market. The trader only pays 10% brokerage on profitable trade and zero brokerage on loss. Market Wolf accepts funds deposits via UPI, NEFT, RTGS, IMPS, Phonepe, GPay, and PayTM without any additional fees, and the trader allows users to deposit and withdraw funds from Market Wolf web and mobile app. There are 15+ charting styles to make the trading experience user-friendly, and the trader can set up up to 2 hours chart time frames to have better trading insight. Market Wolf offers a quick withdrawal process and the amount of credit within one business day. Market Wolf has inbuilt stop order features where the trader needs to set the percentage of the reward and risk (10%, 25%, 50% or 100%). The trade will be auto-squared off once the order crosses the predefined level. Market Wolf offers only high liquidity and quality stocks.	ProStocks : Rs 15 flat-fee trades. Monthly & Yearly Unlimited Trading Plan to offer. Own DP services. Lowest call & Trade charges Rs.10 per trade. Delivery: Rs 25 per trade. Instant paperless online account opening with AADHAR. Zero Professional Clearing Members (PCM) Fee - Unlike all other flat fee brokers ProStocks do not charge PCM Fee. Free trading software (mobile, desktop and website) for all customers. Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account. Zero Demat account AMC when you pay one time refundable deposit of Rs 1000 Referral Service - ProStocks offer 10% brokerage referral for customer referred by the client.
Disadvantage	Market Wolf : Market Wolf trading app is not available for iOS users. It is currently available only for Android users. The free practice session on the Market Wolf platform is only available on mobile applications and not on web browsers. Market Wolf charges flat 10% brokerage on profit which is costly. Market Wolf doesn’t offer a 3-in-1 account facility. It only provides a free trading account. Market Wolf doesn’t offer other services such as mutual funds, IPO, Bonds, FDs, etc., except stock trading. Stop Trade sessions on Market Wolf take time to end the session as once the trader clicks on the icon “stop trade,” the system re-confirms the decision, which takes extra seconds and may change the overall profit or loss transactions. Market Wolf has leveraged up to 100% profit which may cause loss of capital amount if the trader is still learning and doesn’t fully understand the trading mechanism. Market Wolf doesn’t have exact charges for STT, transaction charges, SEBI, and Stamp charges; the amount is auto calculated while the trader confirms the trading amount. It can be a hassle for a newbie trader to understand the costs. The trader can add up to 5 stocks to the wish list. Market Wolf Web is not available for trading. The trader requires to use the Market Wolf mobile application to perform trading. Market Wolf is not suitable for advanced traders. Though there is zero brokerage on loss trade, the trader needs to pay SEBI charges, Stamp Duty, Exchange fee, and GST even if he didn’t earn profit. Market Wolf doesn’t allow the trader to hold the stocks. The trades get auto squared off at the end of the day if it doesn't meet the profit or loss auto stop level. Market Wolf is not offering to trade on the BSE segment. Though Market Wolf offers 24/7 customer care service, some days they take 1-2 business days to reply to a query.	ProStocks : ProStocks doesn't offer 3-in-1 account as they do not offer banking services. Opportunity to invest in Mutual Funds. commodity trading facility is not available. You will not get any research tips as there is no in-house team Only BSE SME IPOs are allow. NSE SME IPOs are not available.
Why This	Market Wolf : Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market with zero trading account opening and nil annual maintenance charges. Market Wolf offers real-time free practice trading sessions to all traders to ensure understanding of the trading mechanism before starting market trading. Market Wolf is developed with a risk management system offering a unique profit and stop-loss segment, helping manage the trading risks ensuring the trader never loses more than the percentage set in on a trade. Market Wolf charged brokerage only when the trader made a profit. Zero brokerage on losing the trade. Market Wolf offers minimum trading of INR 50 for Commodity and Currency trading, INR 100 for Indices trading, and INR 900 for stock trading. Market Wolf Android mobile application is developed with robust technology and a user-friendly interface, making it easier for beginners to understand trading quickly. Market Wolf e-KYC is power-packed with Legality, a digital execution of highly sensitive agreements. Market Wolf offers 24/7 customer care to all users via an in-app help center.	ProStocks : Various option on Brokerage Plans to select from depending on your trading requirements. You can Choose from Flat Rs 15 per order Monthly unlimited trading plans. Yearly unlimited trading plans. One of the most affordable calls & trading charges. Give you the opportunity to earn through the referral program. You need not to pay in case you are not trading in any month. Even though Protock is the discount broker, you get option choosing from the various trading plan. It provides you with DP service as well.
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Market Wolf vs ProStocks Account Opening & AMC Charges

Market Wolf Trading Account Opening Fee is ₹0 (Free) and ProStocks Trading Account Opening Fee is Rs 0 (Free) . Market Wolf Demat Account AMC is ₹0 (Free) and ProStocks Demat Account AMC is Rs 0 (Lifetime Zero AMC) .

	Market Wolf	ProStocks
Trading Account Opening Fee	Trading Account Opening Fee : ₹0 (Free)	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : ₹0 (Free)	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : ₹0 (Free)	Demat Account AMC : Rs 0 (Lifetime Zero AMC)
Trading Account AMC	Trading Account AMC : ₹0 (Free)	Trading Account AMC : Rs 0
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Market Wolf vs ProStocks Brokerage Charges

Market Wolf Brokerage Charges Equity Delivery is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Intraday is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Options is ₹0 brokerage if loss | 10% of GP(Profitable Trade) . ProStocks Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 15 per executed order and Equity Options is Rs 15 per executed order .

	Market Wolf	ProStocks
Plan Name	Plan Name : Market Wolf default Brokerage Plan	Plan Name : Monthly Unlimited Trading Plan	Plan Name : Flat Fee Plan (₹15 per executed order)
Equity Delivery	Equity Delivery : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Delivery : Rs 0	Equity Delivery : Rs 0 (Free)
Equity Intraday	Equity Intraday : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Intraday : Rs 0	Equity Intraday : Rs 15 per executed order
Equity Future	Equity Future : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Future : Rs 0	Equity Future : Rs 15 per executed order
Equity Options	Equity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Options : Rs 0	Equity Options : Rs 15 per executed order
Currency Futures	Currency Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Currency Futures : NA	Currency Futures : Rs 15 per executed order
Currency Options	Currency Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Currency Options : NA	Currency Options : Rs 15 per executed order
Monthly Fee	Monthly Fee : NA	Monthly Fee : Rs 899	Monthly Fee : NA
Margin Trading	Margin Trading : NA	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Commodity Futures : NA	Commodity Futures : NA
Commodity Options	Commodity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Commodity Options : NA	Commodity Options : NA
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Market Wolf vs ProStocks Exchange Transaction Charges

Market Wolf Exchange Transaction Charges Equity Future is NSE: 0.0019% and Equity Options is Rs 5000 per Cr (0.05%) (on premium) . ProStocks Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 0 and Equity Options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

	Market Wolf	ProStocks
Equity Delivery	Equity Delivery : NSE: 0.00325%	Equity Delivery : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE: 0.00325%	Equity Intraday : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE: 0.0019%	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 0
Equity Options *	Equity Options : Rs 5000 per Cr (0.05%) (on premium)	Equity Options : NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : NSE: 0.0009% + Investor protection fund (0.037%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : Rs 4000 per Cr (0.04%) (on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : Rs 260 per Cr (0.0026%)	Commodity : -
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Market Wolf vs ProStocks Other Charges

Market Wolf Minimum Brokerage is NA and Call & Trade is NA . ProStocks Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 (Free) .

	Market Wolf	ProStocks
Minimum Brokerage	Minimum Brokerage : NA	Minimum Brokerage : Rs 0
Call & Trade	Call & Trade : NA	Call & Trade : Rs 0 (Free)
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : ₹20 per scrip for equity delivery trade+18% GST
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -
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Market Wolf vs ProStocks Features

Market Wolf and ProStocks both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Market Wolf	ProStocks
Trading Platform	Trading Platform : Mobile, WEB	Trading Platform : ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : No	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : NA
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers : Brokerage if Makes Profit	Unique features & Offers : -
Referral Program	Referral Program : Yes	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : No
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : No
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Market Wolf vs ProStocks Demat Account Charges

A comparative table of various demat account charges between Market Wolf and ProStocks is below:

	Market Wolf	ProStocks
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹0 (Free)	Account Opening Fee : Nil
Advance Deposit	Advance Deposit : ₹0	Advance Deposit : Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit
AMC	AMC : ₹0 (Free)	AMC : Nil
Dematerialisation Charges	Dematerialisation Charges : -	Dematerialisation Charges : Rs 50 per set up + Rs 50 courier charges
Rematerialisation Charges	Rematerialisation Charges : -	Rematerialisation Charges : Rs 50 per set up + Rs 50 courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : -	Transaction Charges (debit) : Rs 8 + Rs 5.50 (CDSL charges) per ISIN
Pledge Creation Charges	Pledge Creation Charges : -	Pledge Creation Charges : Rs 50 per set up
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : -	Pledge Invocation Charges : Rs 50 per set up
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Failed transactions Rs 50 per ISIN
Other Charges	Other Charges : -	Other Charges : -
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Market Wolf vs ProStocks Basic Details

Market Wolf Year of Incorporation is 2017 and Total Number of Clients is 201948 and Total Number of Branches is NA . ProStocks Year of Incorporation is 2016 and Total Number of Clients is 6202 and Total Number of Branches is 1 .

	Market Wolf	ProStocks
Year of Incorporation	Year of Incorporation : 2017	Year of Incorporation : 2016
Active Exchange Memberships	Active Exchange Memberships : NSE and MCX	Active Exchange Memberships : BSE, NSE
Demat Services	Demat Services : CDSL	Demat Services : No
Website	Website : https://marketwolf.com/	Website : www.prostocks.com
Contact Details	Contact Details : +91 8591308916	Contact Details : +91 22 62 43 43 43
Total Number of Clients	Total Number of Clients : 201,948	Total Number of Clients : 6,202
Total Number of Branches	Total Number of Branches : NA	Total Number of Branches : 1
Products *	Products : Equity, Commodity, Currency, IPO	Products : ProStocks Mobile,Web & Desktop. BSE Best
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Market Wolf vs ProStocks Orders

Orders

	Market Wolf	ProStocks
Cover Orders (CO)	Cover Orders (CO) : -	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : -	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : -	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : Yes	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes
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Market Wolf vs ProStocks Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Market Wolf	ProStocks
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : No
Comparison *	Comparison : No	Comparison : No
Free Tips *	Free Tips : No	Free Tips : No
Daily Market report *	Daily Market report : No	Daily Market report : No
ETF research *	ETF research : No	ETF research : No
Quarterly Results *	Quarterly Results : No	Quarterly Results : No
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Market Wolf vs ProStocks Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Market Wolf	ProStocks
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : NA
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : NA
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Market Wolf vs ProStocks Product & Services

Market Wolf and ProStocks both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Market Wolf	ProStocks
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : NA	Margin Trading : No
Call N Trade *	Call N Trade : NA	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : NSE ONLY	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : No
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : No	NRI Services : Yes
SMS Alerts *	SMS Alerts : No	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : No	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : No	Portfolio Analysis : No
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : No	Margin Calculator : Yes
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : No
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : No	Market Trading : No
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : Yes
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No
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Market Wolf vs ProStocks Customer Services

Market Wolf and ProStocks both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Market Wolf	ProStocks
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : No
Customer Care *	Customer Care : Info Not Available	Customer Care : Yes
Community Service *	Community Service : No	Community Service : No
Relationship Manager *	Relationship Manager : No	Relationship Manager : No
24/7 Support *	24/7 Support : Yes	24/7 Support : -
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Market Wolf vs ProStocks Other Investement

Market Wolf and ProStocks both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Market Wolf	ProStocks
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : No
Investment in ETFs *	Investment in ETFs : No	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : No	Investment in Mutual Funds : No
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : No	Insurance Services : No
Banking Services *	Banking Services : No	Banking Services : No
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Market Wolf vs ProStocks Trading Platform

Market Wolf and ProStocks both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Market Wolf	ProStocks
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : No	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : No	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : No	iPhone Mobile App : Yes
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