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Marwadi Group vs ProStocks (Compare Marwadi Group 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 Marwadi Group vs ProStocks, Below comparison of Marwadi Group 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 Marwadi Group vs ProStocks is given below:

Marwadi Group

ProStocks

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	Marwadi Group	ProStocks

About The Brokers	Marwadi Group : "Marwadi Shares and Finance Limited was established in 1992 under the leadership of Marwadi brothers in the western state of India ‐ Gujarat. The financial compan >>> 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 :	Marwadi Group : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	ProStocks : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Marwadi Group : Full Service Broker	ProStocks : Discount Broker
Promo/offers	Marwadi Group : 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	Marwadi Group : Multiple financial products available including IPO investment Multiple brokerage plans available Advance charting and various calculators are available Pan India presence through physical offices and sub-brokers A good number of years of experience in the financial industry as the company was established in 1992 25 years of steady growth	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	Marwadi Group : They are not transparent when it comes to revealing brokerages No online chat support or email support Majorly limited to Gujarat region	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	Marwadi Group : Strong presence in its birth state ‐ Gujarat. Multiple financial products available. Excel in providing research support through dedicated research cell called "Habit" and other charting facility. Pan India physical presence through sub-brokers/ authorized persons and physical branches Their clients trade through multiple online trading platforms	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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Marwadi Group vs ProStocks Account Opening & AMC Charges

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

	Marwadi Group	ProStocks
Trading Account Opening Fee	Trading Account Opening Fee : -	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : -	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : -	Demat Account AMC : Rs 0 (Lifetime Zero AMC)
Trading Account AMC	Trading Account AMC : -	Trading Account AMC : Rs 0
	Open Account	Open Account

Marwadi Group vs ProStocks Brokerage Charges

Marwadi Group Brokerage Charges 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 .

	Marwadi Group	ProStocks
Plan Name	-	Plan Name : Monthly Unlimited Trading Plan	Plan Name : Flat Fee Plan (₹15 per executed order)
Equity Delivery	-	Equity Delivery : Rs 0	Equity Delivery : Rs 0 (Free)
Equity Intraday	-	Equity Intraday : Rs 0	Equity Intraday : Rs 15 per executed order
Equity Future	-	Equity Future : Rs 0	Equity Future : Rs 15 per executed order
Equity Options	-	Equity Options : Rs 0	Equity Options : Rs 15 per executed order
Currency Futures	-	Currency Futures : NA	Currency Futures : Rs 15 per executed order
Currency Options	-	Currency Options : NA	Currency Options : Rs 15 per executed order
Monthly Fee	-	Monthly Fee : Rs 899	Monthly Fee : NA
Margin Trading	-	Margin Trading : -	Margin Trading : -
Commodity Futures	-	Commodity Futures : NA	Commodity Futures : NA
Commodity Options	-	Commodity Options : NA	Commodity Options : NA
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Marwadi Group vs ProStocks Exchange Transaction Charges

Marwadi Group Exchange Transaction Charges - and - . 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) .

	Marwadi Group	ProStocks
Equity Delivery	Equity Delivery : -	Equity Delivery : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : -	Equity Intraday : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : -	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 0
Equity Options *	Equity Options : -	Equity Options : NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : -	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : -	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : -	Commodity : -
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Marwadi Group vs ProStocks Other Charges

Marwadi Group and . ProStocks Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 (Free) .

	Marwadi Group	ProStocks
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : Rs 0
Call & Trade	Call & Trade : -	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 : -
	Open Account	Open Account

Marwadi Group vs ProStocks Features

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

	Marwadi Group	ProStocks
Trading Platform	Trading Platform : -	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 : -	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : NA
Detailed Education Initiatives	Detailed Education Initiatives : -	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : 1
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) : Yes	Margin Against Shares (Equity F&O) : No
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Marwadi Group vs ProStocks Demat Account Charges

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

	Marwadi Group	ProStocks
Depository Service Provider	Depository Service Provider : -	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : -	Account Opening Fee : Nil
Advance Deposit	Advance Deposit : -	Advance Deposit : Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit
AMC	AMC : -	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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Marwadi Group vs ProStocks Basic Details

Marwadi Group and Total Number of Clients is 126599 and . ProStocks Year of Incorporation is 2016 and Total Number of Clients is 6202 and Total Number of Branches is 1 .

	Marwadi Group	ProStocks
Year of Incorporation	Year of Incorporation : -	Year of Incorporation : 2016
Active Exchange Memberships	Active Exchange Memberships : -	Active Exchange Memberships : BSE, NSE
Demat Services	Demat Services : -	Demat Services : No
Website	Website : -	Website : www.prostocks.com
Contact Details	Contact Details : -	Contact Details : +91 22 62 43 43 43
Total Number of Clients	Total Number of Clients : 126,599	Total Number of Clients : 6,202
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 1
Products *	Products : -	Products : ProStocks Mobile,Web & Desktop. BSE Best
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Marwadi Group vs ProStocks Orders

Orders

	Marwadi Group	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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Marwadi Group vs ProStocks Research and Advice / Trading Tips

Research and Advice / Trading Tips

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

Franchisee / Authorized Person related information

	Marwadi Group	ProStocks
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : NA
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : NA
	Open Account	Open Account

Marwadi Group vs ProStocks Product & Services

Marwadi Group 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:

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

Marwadi Group vs ProStocks Customer Services

Marwadi Group 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:

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

Marwadi Group vs ProStocks Other Investement

Marwadi Group 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:

	Marwadi Group	ProStocks
Commodity Trading *	Commodity Trading : -	Commodity Trading : No
Investment in ETFs *	Investment in ETFs : -	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : -	Investment in Mutual Funds : No
Investment in Bonds *	Investment in Bonds : -	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : -	Insurance Services : No
Banking Services *	Banking Services : -	Banking Services : No
	Open Account	Open Account

Marwadi Group vs ProStocks Trading Platform

Marwadi Group 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:

	Marwadi Group	ProStocks
Web Platform *	Web Platform : -	Web Platform : Yes
Android Mobile App *	Android Mobile App : -	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : -	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : -	Desktop Mac : No
I-Pad App *	I-Pad App : -	I-Pad App : Yes
Virtual Trading *	Virtual Trading : -	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : Yes
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	Open Account	Open Account