Charge List

Find full list of our rates and charges

ProStocks Charges Equity Intraday Equity Delivery Equity Futures Equity Options
Brokerage 15 Per Executed Order 15 Per Executed Order 15 Per Executed Order 15 Per Executed Order
or 899 Per Month (Unlimited trading in an exchange for a month)
or 8,999 Per Year (Unlimited trading in an exchange for a year)
Securities Transaction Tax (STT) 2,500 per Crore (on Sell trade) 10,000 per Crore (on Buy and Sell) 1,000 per Crore (on Sell trade) 5,000 per Crore (on Sell trade*)
Exchange Transaction Charges NSE 325 per Crore
BSE 275 per Crore
NSE 325 per Crore
BSE 275 per Crore
NSE 190 per Crore
BSE 50 per Crore
NSE 5,000 per Crore
BSE 2,500 per Crore
SEBI Charges 15 per Crore 15 per Crore 15 per Crore 15 per Crore
Service Tax 15% on Brokerage + Exchange Transaction Charges 15% on Brokerage + Exchange Transaction Charges 15% on Brokerage + Exchange Transaction Charges 15% on Brokerage + Exchange Transaction Charges
Stamp Duty (Except Maharashtra State Customers) 0.01% (Max 50 per day) 0.01% (Max 50 per day) 0.01% (Max 50 per day) 0.01% (Max 50 per day)
Stamp Duty (For Maharashtra State Customers) 200 per Crore 1,000 per Crore 200 per Crore 200 per Crore

* 12500 per crore on excersied options

ProStocks Charges Currency Futures Currency Options*
Brokerage 15 Per Executed Order 15 Per Executed Order
or 499 Per Month (Unlimited trading in an exchange in a month)
or 4,999 Per Year (Unlimited trading in an exchange in a year)
Securities Transaction Tax (STT) Nil Nil
Exchange Transaction Charges NSE 110 per Crore
BSE 18 per Crore
NSE 4,000 per Crore
BSE 1500 per Crore
SEBI Charges 15 per Crore 15 per Crore
Service Tax 15% on Brokerage + Exchange Transaction Charges 15% on Brokerage + Exchange Transaction Charges
Stamp Duty (Except Maharashtra State Customers) 0.01% (Max 50 per day) 0.01% (Max 50 per day)
Stamp Duty (For Maharashtra State Customers) 200 per Crore 200 per Crore

All rates are on option premium except excercised and assigned trades.

*Effective 1st Jan.,2017 in BSE CDS. Refer BSE Circular for next revision BSE CIRCULAR FOR Currency Derivatives Charges.

*Effective 1st March, 2017 ₹18 per Crore in Futures and ₹1500 per Crore on Options Premium , in BSE CDS.

*Effective 1st May, 2017 ₹22 per Crore in Futures and ₹2000 per Crore on Options Premium , in BSE CDS.

*Effective 1st July , 2017 ₹25 per Crore in Futures and ₹2500 per Crore on Options Premium , in BSE CDS.

Charge Structure Explained:

At ProStocks we want it to be simple to offer you industry leading trading services at lowest brokerage. You can pay fixed monthly/yearly brokerage or flat fee brokerage (per executed order), whatever works for you. But no matter how you choose to pay, we are obligated to collect taxes and fees by regulations from you. There is nothing to add.

Please note that taxes and fees are subject to change.

Securities Transaction Tax (STT):

Securities Transaction Tax is collected by exchange from the broker on behalf of the client and paid to the Income Tax Department of Government of India. STT is charged at:

  • Equity Delivery Trades: 10,000 per Crore (on both buy and sell).
  • Equity Intraday Trades: 2,500 per Crore (only on the sell side).
  • Equity Futures Trades: 1,000 per Crore (only on the sell side.
  • Equity Options Trades: 5,000 per Crore (of premium value).
  • STT on Exercised and Assigned Trades: 12,500 per crore (on notional values of trades).
  • Currency Derivatives: No STT.

Exchange Transaction Charges:

National Stock exchange of India (NSE) charges 325 per crore for Equity trades, 190 per crore for Equity Futures, 110 per crore for Currency Futures, 5,000 per Crore for Equity Options on premium value and 4,000 per Crore for Currency Options on premium value.

Bombay Stock Exchange(BSE) charges 275 per crore for Equity trades except XC, XD, XT, Z and ZP groups, 50 per crore for Equity Futures, 15 per crore for Currency Futures, 2,500 per Crore for Equity options on premium value and 1000 per Crore for Currency Options on premium value. BSE\A0transaction charges in XC, XD, XT, Z and ZP groups\A0is 10,000 per crore.

*Effective 1st Jan.,2017 in BSE CDS. Refer BSE Circular for next revision BSE CIRCULAR FOR Currency Derivatives Charges.

*Effective 1st March, 2017 ₹18 per Crore in Futures and ₹1500 per Crore on Options Premium, in BSE CDS.

*Effective 1st May, 2017 ₹22 per Crore in Futures and ₹2000 per Crore on Options Premium, in BSE CDS.

*Effective 1st July , 2017 ₹25 per Crore in Futures and ₹2500 per Crore on Options Premium, in BSE CDS.


SEBI Fee:

Securities and Exchange Board of India (SEBI) is market regulator. SEBI charges 15 per crore of trades for each exchange and segment.


Stamp Duty:

We process and execute contract notes of our clients resident outside Maharashtra at our registered office at Daman and charge them stamp duty at the rates applicable in the Union Territory of Daman and Diu.

For clients residing in Maharashtra, we process and execute contract notes at Mumbai and charge them stamp duty as applicable in Mumbai, Maharashtra.


Service Tax:

Service Tax is charged at 15% on brokerage and transaction charges. Service Tax is not payable on SEBI fee, STT and Stamp charges.


Call & Trade:

Additional brokerage of 10 per executed order.


Documentation Charges and Franking Charges:

Account opening is free.


DP charges:

8 + 5.5 (CDSL) per scrip on sell side for equity delivery trades plus 15% service tax.


Annual Maintenance Charges (AMC):

There is no AMC for our trading account as well as demat account. We collect 1,000 refundable deposit for demat account which is refunded at time of account closing.


Physical Contract Note Charges:

Clients who opt to receive physical contract notes by courier will be charged 50 per contract note plus courier charges at actual.


FAQs

Our account opening charges are Rs 300, which is waived currently as promotional offer. Our trading as well as demat account  are zero AMC. We charge Rs 1000 refundable deposit for demat account.

Following document are required to open individual account in Equity Segment :

  • One photograph of Client
  • PAN card
  • Address proof
  • cancelled cheque leaf having pre printed name of account holder or Bank statement having Name , Address and IFSC code

Any one document out of the following eight document required for opening account for Equity Derivatives or Currency Derivatives in addition to above given list :

  1. Copy of ITR Acknowledgment.
  2. Copy of Annual Accounts.
  3. In case of Salary Income - Salary Slip, Copy of Form 16.
  4. Net Worth Certificate having Net Worth of more than Rs 2 Lakh.
  5. Copy of demat account holding statement having holding value of more than Rs 2 Lakh.
  6. Bank account statement for last 6 months having reasonable transaction to suggest Net Worth of more than Rs 2 Lakh
  7. Self declaration with relevant supporting documents.
  8. Any other relevant documents substantiating ownership of Assets.