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Zipper Trade Vs Prostocks – Share Brokers Comparison
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Zipper Trade Vs Prostocks
Here is a point by point comparison of Zipper Trade Vs Prostocks. Prostocks, relatively a new entrant into the Indian stock market, is a discount broker that charges a flat fee per transaction from the customers. This stock broking firm was founded recently in February 2016. Zipper Trade is a discount broker launched recently in 2016 from the house of RK Stock holding. The broker free account opening but does a pretty average job in aspects such as trading platforms, service, exposure.
Discount brokers such as Prostocks or Zipper Trade offer trading services at much cheaper brokerage rates and reasonable customer service. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Zipper Trade Vs Prostocks to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
 |  | |
| Prostocks Review | Zipper Trade Review | |
| Broker Type | Discount Broker | Discount Stock Broker |
| Incorporated In the Year | 2016 | 2016 |
| Number of branches across India | 2 | 1 |
| Exchanges | BSE, NSE | NSE, BSE, MCX-SX, MCX and NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹300 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹1000 (Refundable) | ₹0 |
| Transaction Charges | Prostocks Transaction Charges | Zipper Trade Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed trade | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
| Intraday Delivery | ₹15 per executed trade | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
| Equity Futures | ₹15 per executed trade | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
| Equity Options | ₹15 per executed trade | ₹15 per executed order |
| Currency Futures | ₹15 per executed trade | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
| Currency Options | ₹15 per executed trade | ₹15 per executed order |
| Commodity | NA | ₹15 per executed order |
| Brokerage Calculator | Prostocks Brokerage Calculator | Zipper Trade Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 7 times & Delivery upto 1 time | Upto 10 times for Intraday, No exposure for Delivery |
| Equity Futures | Upto 1.5 times | 2 times for Intraday |
| Equity Options | Upto 1.5 times | 3 times for Intraday |
| Currency Futures | NA | 2 times for Intraday |
| Currency Options | NA | 3 times for Intraday |
| Commodities | NA | 2 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity |  | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | ProStocks Web, ProStocks Mobile and ProStocks Desktop | ODIN Diet, NOW Online |
| Complaints percentage | 0.15% | 0.05% |
| OVERALL RATING |  | |
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Zipper Trade Vs Prostocks for the benefits of other readers. Please feel free to share in the comments below.
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Summary
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Broker Name
Zipper Trade Vs Prostocks
Overall Rating
