Unlimited Monthly Plan of ProStocks

ProStocks is the emerging broker of India bringing up some unique twist in brokerage and charges for Indian share market investors. The Broker has some of the best brokerage plans and low cost services that will definitely surprise you and relieve you from paying high brokerage and other charges with your traditional Broker. Here we are focusing on Unlimited Monthly plan offered by ProStocks with its features. We will also compare Prostocks with other brokers offering unlimited monthly plans to get an idea how much you can save with ProStocks compared to others.

We highly recommend monthly plans because if you see your trading pattern for a month and if your average monthly brokerage payments are exceeding the unlimited trading plan charges, then it's worth to switch to monthly plans.

Unlimited Monthly Trading Plan for Equity Cash and Derivative Segment or Rs 899 per month plan ProStocks :

The plan offers unlimited monthly trading in Equity cash and Derivative in one exchange (choose NSE or BSE) at flat monthly fee of Rs 899 per month without paying any brokerage on turnover.

• The plan is ideal for active traders having high frequency and volume.
• The plan begins with the calendar month and ends at the end of every month.
• This is the cheapest plan in the unlimited trading monthly plan section.
• If no trade is executed in any particular month, then there will be no brokerage fee applied.
• For all other segments, the brokerage charged will be Rs 15 per order.
• Monthly fee is recovered by levying brokerage @ 2.5% in Contract Note as and when trades are done by the client until full monthly fee is recovered. After that the brokerage charged in your contract note will be zero or (negligible amount like 1 paisa) for the entire month. So if in any month if you trade only once or twice and your brokerage don't reach Rs 899, then they will not charge you Rs 899 fully but only charge up to brokerage you have reached.

Unlimited Monthly Plan for Currency Derivative segment in an exchange or Rs 499 per month plan ProStocks:

The plan offers unlimited monthly trading in Currency Derivatives (Futures and Options) in one exchange (choose NSE or BSE) at Rs 499 per month.

• The cheapest plan available in currency Derivative segment.
• The plan is ideal for active traders having high frequency and volume.
• The plan begins with the calendar month and ends at the last day of every month.
• If no trade is executed in any particular month, then there will be no brokerage fee applied.

Unlimited Yearly Plan for Equity Cash and Derivative Segment at Rs 8999 per year per exchange:

Prostocks also offers yearly plan for unlimited trading in Equity Cash and Derivative segment in NSE or BSE at a very reasonable yearly fee of Rs 8999 only. No software charges, no minimum deposits, no commitment. It is suited to high frequency and bulk volume traders. Trade as much as you want whole year for one-time fee. No need to pay service tax on each transaction, service tax is payed only on your yearly fees.

Unlimited Yearly Plan for Currency Derivative Segment at Rs 4999 per year:

The plan offers you to trade unlimited in currency derivative in an exchange at a yearly expense of Rs 4999 per month. It is even cheaper than choosing monthly plan for twelve months.

Comparison of Unlimited monthly plans of ProStocks with other Discount Brokers :