IIFL vs ProStocks (Compare IIFL vs 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 IIFL vs ProStocks, Below comparison of IIFL 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.

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One on One comparison of IIFL vs ProStocks is given below:

IIFL

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ProStocks

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	IIFL	ProStocks

About The Brokers	IIFL : "IIFL is the renowned stockbroker who provides various financial products to its customers at nominal brokerage. They have an excellent online presence and protect you >>> more	ProStocks : "Prostocks is latest entrant in discount broking space and known for low overall charges including broking, stamp duty and transaction charges. They also offer very at >>> more
Find More Information about the Broker :	IIFL : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	ProStocks : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	IIFL : Full Service Broker	ProStocks : Discount Broker
Promo/offers	IIFL : Special Offer: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades.Get the offer	ProStocks : Special Offer: Unlimited Equity Trading- Rs 899/PM, 8999/PY or Brokerage free equity delivery trading + Flat ₹15 Intra-day and F&O trades. Get the offer
Pros	IIFL : Offer online IPO and Equity SIP 1900+ branches all over India & have a global presence Trading facility to NRIs is provided Provide multiple broking plans IIFL Trade terminal is one of the best trading terminal in India Offer Commodity Trading & Investment facility in Mutual funds & IPO	ProStocks : Rs 15 flat-fee trades. Unlimited Trading Plan to offer. Own DP services. Lowest call & Trade charges. Fully online account opening process.
Cons	IIFL : Scope improvement is there in customer support. Provides only 2-in-1 account facility Less transparency in brokerage plans High brokerage. Minimum Brokerage charges	ProStocks : Opportunity to invest in IPO is not available. 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
Why This	IIFL : Full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs present all over the world. Provide IPO service and equity SIP also Amongst top 10 stock brokers in India Best rated mobile Trading Platforms with >1.9m download. Have branches all over India. Approx 1900+ Branches They provide multiple brokerage plans All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O Offer NRI Trading.	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. Low Stampduty Charges.

IIFL vs ProStocks Account Opening & AMC Charges

IIFL Trading Account Opening Fee is ₹750 and ProStocks Trading Account Opening Fee is ₹0 . IIFL Demat Account AMC is ₹400 per year and ProStocks Demat Account AMC is ₹0 (Lifetime Zero AMC) .

	IIFL	ProStocks
Trading Account Opening Fee	Trading Account Opening Fee : ₹750	Trading Account Opening Fee : ₹0
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0 (Free)
Demat Account AMC	Demat Account AMC : ₹400 per year	Demat Account AMC : ₹0 (Lifetime Zero AMC)
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0

IIFL vs ProStocks Brokerage Charges

IIFL Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is 1% of Premium or ₹100 per lot, whichever is high . ProStocks Brokerage Charges Equity Delivery is ₹0 and Equity Intraday is ₹15 and Equity Options is ₹15 . Equity Delivery is NA and Equity Intraday is NA and Equity Options is NA .

	IIFL	ProStocks
Plan Name	Plan Name : Standard Plan	Plan Name : Flat Fee Plan (₹15 per executed order)	Plan Name : Unlimited Yearly Plan
Equity Delivery	Equity Delivery : 0.50%	Equity Delivery : ₹0	Equity Delivery : NA
Equity Intraday	Equity Intraday : 0.05%	Equity Intraday : ₹15	Equity Intraday : NA
Equity Future	Equity Future : 0.05%	Equity Future : ₹15	Equity Future : NA
Equity Options	Equity Options : 1% of Premium or ₹100 per lot, whichever is high	Equity Options : ₹15	Equity Options : NA
Currency Futures	Currency Futures : 0.05%	Currency Futures : ₹15	Currency Futures : ₹0
Currency Options	Currency Options : 1% of Premium or ₹100 per lot, whichever is high	Currency Options : ₹15	Currency Options : ₹0
Monthly Fee	Monthly Fee : NA	Monthly Fee : -	Monthly Fee : ₹499
Margin Trading	Margin Trading :	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : 0.05%	Commodity Futures : NA	Commodity Futures : NA
Commodity Options	Commodity Options : 1% of Premium or ₹100 per lot, whichever is high	Commodity Options : NA	Commodity Options : NA

IIFL vs ProStocks Transaction Charges (Per Crore)

IIFL Transaction Charges (Per Crore) Equity Future is 0.0021% and Equity Options is 0.051% on premium . ProStocks Transaction Charges (Per Crore) Equity Future is NSE: 0.0019% | BSE: 0.0005% and Equity Options is NSE: 0.050% | BSE: 0.0025% .

	IIFL	ProStocks
Equity Delivery	Equity Delivery : 0.00325%	Equity Delivery : NSE: 0.00325% \| BSE: 0.00275%
Equity Intraday	Equity Intraday : 0.00325%	Equity Intraday : NSE: 0.00325% \| BSE: 0.00275%
Equity Future *	Equity Future : 0.0021%	Equity Future : NSE: 0.0019% \| BSE: 0.0005%
Equity Options *	Equity Options : 0.051% on premium	Equity Options : NSE: 0.050% \| BSE: 0.0025%
Currency Futures *	Currency Futures : 0.0021%	Currency Futures : NSE: 0.0011% \| BSE: 0.0001%
Currency Options	Currency Options : 0.051% on premium	Currency Options : NSE: 0.040% \| BSE: 0.0001%
Commodity	Commodity : 0.0028%	Commodity : -

IIFL vs ProStocks Other Charges

IIFL Minimum Brokerage is ₹0.05 per share (₹25 Min) and Call & Trade is ₹50 per call . ProStocks Minimum Brokerage is ₹0 and Call & Trade is Intraday and F&O: ₹10 per trade. Delivery: ₹25 per .

	IIFL	ProStocks
Minimum Brokerage	Minimum Brokerage : ₹0.05 per share (₹25 Min)	Minimum Brokerage : ₹0
Call & Trade	Call & Trade : ₹50 per call	Call & Trade : Intraday and F&O: ₹10 per trade. Delivery: ₹25 per
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : ₹50
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% (minimum ₹25 per debit transaction)	DP Charges (on sell side) : ₹20 per scrip for equity delivery trade+18% GST
Other Miscellaneous Charges	Other Miscellaneous Charges : Advisory SMS - ₹50 per month	Other Miscellaneous Charges : ₹50 per Contract note for Physical delivery

IIFL vs ProStocks Features

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

	IIFL	ProStocks
Trading Platform	Trading Platform : Trader terminal and IIFL Markets App	Trading Platform : Prostocks and NSE Now- Desktop, Web and Mobile
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : No	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : 0	Research and Advice / Trading Tips : NA
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers : Market mantra, IIFL calls, Loyalty points	Unique features & Offers : Unlimited brokerage free Plans, Zero PCM Fee
Referral Program	Referral Program : 0	Referral Program : Yes
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	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

IIFL vs ProStocks Demat Account Charges

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

	IIFL	ProStocks
Depository Service Provider	Depository Service Provider : CDSL and NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹750	Account Opening Fee : ₹0 (Free)
Advance Deposit	Advance Deposit : Nil	Advance Deposit : ₹1000 refundable deposit
AMC	AMC : ₹0	AMC : ₹0 (Free)
Dematerialisation Charges	Dematerialisation Charges : ₹15 per certificate + ₹40 as postal charges	Dematerialisation Charges : ₹50 per set up + ₹50 courier charges
Rematerialisation Charges	Rematerialisation Charges : ₹15 per certificate or ₹15 for every 100 securities or part thereof whichever is higher + ₹40 for courier	Rematerialisation Charges : ₹50 per set up + ₹50 courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : 0.05% (Min ₹15 and max ₹100)	Transaction Charges (debit) : ₹20 Per Debit Transaction
Pledge Creation Charges	Pledge Creation Charges : ₹50	Pledge Creation Charges : ₹50
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : NIL
Pledge Invocation Charges	Pledge Invocation Charges : Nil	Pledge Invocation Charges : ₹50
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : ₹50
Other Charges	Other Charges : Nil	Other Charges : GST on all charges

IIFL vs ProStocks Basic Details

IIFL Year of Incorporation is 1996 and Total Number of Clients is 2,30,000+ and Total Number of Branches is 900 . ProStocks Year of Incorporation is 2016 and Total Number of Clients is 3,562 and Total Number of Branches is 1 .

	IIFL	ProStocks
Year of Incorporation	Year of Incorporation : 1996	Year of Incorporation : 2016
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX, and NCDEX	Active Exchange Memberships : BSE, NSE
Demat Services	Demat Services : Yes	Demat Services : No
Website	Website : https://www.indiainfoline.com	Website : www.prostocks.com
Contact Details	Contact Details : 022-400710000	Contact Details : +91 22 62 43 43 43
Total Number of Clients	Total Number of Clients : 2,30,000+	Total Number of Clients : 3,562
Total Number of Branches	Total Number of Branches : 900	Total Number of Branches : 1
Products *	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking	Products : ProStocks Mobile,Web & Desktop. BSE Best

IIFL vs ProStocks Charts and Data

IIFL and ProStocks both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	IIFL	ProStocks
Live data source	Live data source : Yes	Live data source : BSE, NSE
Advanced Charting tools	Advanced Charting tools : Yes	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : No	Multi-Chart Setup : Yes
No.of indicators	No.of indicators : 99	No.of indicators : 100+
No.of charts can be opened	No.of charts can be opened : 1	No.of charts can be opened : 6
Live Scanners	Live Scanners : No	Live Scanners : Yes
Customizable screeners	Customizable screeners : No	Customizable screeners : Yes
Trading from charts	Trading from charts : No	Trading from charts : Yes
Compare Symbol performance on Chart	Compare Symbol performance on Chart : No	Compare Symbol performance on Chart : -
Options charts	Options charts : Yes	Options charts : -
Continuous futures charts	Continuous futures charts : Yes	Continuous futures charts : -
Intraday historical data for charts	Intraday historical data for charts : 20 days	Intraday historical data for charts : Yes
End of Day historical data for charts	End of Day historical data for charts : 10 years	End of Day historical data for charts : Yes
Corporate action adjusted charts	Corporate action adjusted charts : No	Corporate action adjusted charts : -
Back Testing	Back Testing : No	Back Testing : -
Options Chain	Options Chain : Yes	Options Chain : -
Heat Maps	Heat Maps : Yes	Heat Maps : -
Analytics	Analytics : No	Analytics : -
Price Ladder	Price Ladder : No	Price Ladder : -

IIFL vs ProStocks Leverage

Leverage

	IIFL	ProStocks
Equity Delivery	Equity Delivery : Upto 3x (18% Annual Interest)	Equity Delivery : 1x (no margin)
Equity Intraday	Equity Intraday : Upto 20x	Equity Intraday : 7x (Margin intraday sq off)
Equity Futures	Equity Futures : Upto 3x	Equity Futures : 2x
Equity Options	Equity Options : 3x for shorting	Equity Options : 1x (no margin)
Currency Futures	Currency Futures : Upto 2x	Currency Futures : 1.5x
Currency Options	Currency Options : 2x for shorting	Currency Options : 1x (no margin)
Commodity Futures	Commodity Futures : Upto 3x	Commodity Futures : -
Commodity Options	Commodity Options :	Commodity Options : -

IIFL vs ProStocks Orders

Orders

	IIFL	ProStocks
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : No
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : No
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : No
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) : No

IIFL vs ProStocks Research and Advice / Trading Tips

Research and Advice / Trading Tips

	IIFL	ProStocks
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : No
Comparison *	Comparison : Yes	Comparison : No
Free Tips *	Free Tips : Yes	Free Tips : No
Daily Market report *	Daily Market report : Yes	Daily Market report : No
ETF research *	ETF research : Yes	ETF research : No
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : No

IIFL vs ProStocks Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	IIFL	ProStocks
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : NA
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.75,000 to Rs.2,00,000	Investment required for Franchisee / AP : NA

IIFL vs ProStocks Product & Services

IIFL 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:

	IIFL	ProStocks
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : Yes
Call in Trade *	Call in Trade : Yes	Call in Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	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 : Yes	NRI Services : Yes
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : Yes	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : Yes	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : Yes	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 : Yes	Market Trading : No
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : Yes
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No

IIFL vs ProStocks Customer Services

IIFL 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:

	IIFL	ProStocks
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : Yes	Branch Offices : No
Customer Care *	Customer Care : Yes	Customer Care : Yes
Community Service *	Community Service : Yes	Community Service : No
Relationship Manager *	Relationship Manager : -	Relationship Manager : No
24/7 Support *	24/7 Support : No	24/7 Support : -

IIFL vs ProStocks Other Investement

IIFL 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:

	IIFL	ProStocks
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : No
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : No
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : Yes	Insurance Services : No
Banking Services *	Banking Services : No	Banking Services : No

IIFL vs ProStocks Trading PlatForm

IIFL 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:

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

IIFL vs ProStocks Company Information

	IIFL	ProStocks
Financials *	Financials : Yes	Financials : No
News *	News :	News : -
Company Analysis *	Company Analysis : Yes	Company Analysis : No
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