ProStocks opens both individual and non individual account.
Individual both resident and non-resident including NRI, FPI, Person of Indian Origin (PIO),etc. can open account with ProStocks. ProStocks also open account for NRI who are tax resident of USA and Canada.
Non individual entities like HUF, Company, LLP, Partnership Firm, Registered Trust, FPI, FII, OCB etc. can open account with ProStocks.
Yes, guardian of the minor can open an account (trading and demat) for minor.
No, we do not charge annual maintenance charges (AMC) for trading or demat account. Your account with us is zero maintenance charges account. We collect Rs 1000 as refundable deposit towards demat account and will refund you as and when you close the account. You do not have to pay any deposit for Trading Account.
There are no account opening charges for Trading as well as Demat Account with ProStocks.