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Indiabulls Vs Prostocks
| | Broker Comparison, Trading | No Comments
Indiabulls Vs Prostocks is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between Indiabulls Vs Prostocks so that you get a 360-degree view about which broker to go ahead with.
Indiabulls Vs Prostocks Comparison
Here is a point by point comparison of Indiabulls Vs Prostocks.
Indiabulls Ventures is a discount stockbroking house from Indiabulls Group (pivoted from the full-service broking model). Based out of Gurgaon, Indiabulls has a presence in 18 cities of the country with a client base of 7 Lakhs. It is one of the very few stockbrokers that provides zero brokerage unlimited trading plans to its clients.
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.
Full-service brokers will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Discount brokers such as Prostocks or Indiabulls 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 Indiabulls 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
Indiabulls Vs Prostocks Details
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 stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Prostocks Review | Indiabulls Ventures Review | |
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 2016 | 2000 |
| Number of branches across India | 2 | 150 |
| Exchanges | BSE, NSE | NSE, BSE, MCX and NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹300 | ₹450 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹1000 (Refundable) | ₹450 (Free 1st Year) |
| Transaction Charges | Prostocks Transaction Charges | Indiabulls Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed trade | 0.01% |
| Intraday Delivery | ₹15 per executed trade | ₹15 per executed order or 0.01% (whichever is lower) |
| Equity Futures | ₹15 per executed trade | ₹15 per executed order or 0.01% (whichever is lower) |
| Equity Options | ₹15 per executed trade | ₹15 per lot |
| Currency Futures | ₹15 per executed trade | ₹15 per executed order or 0.01% (whichever is lower) |
| Currency Options | ₹15 per executed trade | ₹15 per lot |
| Commodity | NA | ₹15 per executed order or 0.01% (whichever is lower) |
| Calculate Brokerage | Prostocks Brokerage Calculator | Indiabulls Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 7 times & Delivery upto 1 time | Upto 10 times for Intraday, & 3 times for Delivery |
| Equity Futures | Upto 1.5 times | Upto 3 times Intraday |
| Equity Options | Upto 1.5 times | NA |
| Currency Futures | NA | Upto 3 times Intraday |
| Currency Options | NA | NA |
| Commodities | NA | Upto 3 times 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 | Power Indiabulls, Online Trading, Indiabulls Shubh |
| Complaint Percentage of Active Clients | 0.15% | 0.02% |
| OVERALL RATING |  |  |
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Indiabulls Vs Prostocks
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