Prostocks Vs F6 Online – Indian Share Brokers Comparison
Prostocks Vs F6 Online
Here is a point by point comparison of Prostocks Vs F6 Online. 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.
F6 Online is an evolving discount broker with a fixed price monthly and yearly subscription plans for its clients. One of the best part of F6 Online is that it has no annual maintenance changes involved in its pricing which is one of its own kind in this competitive stock broking space. Since both the stock brokers are discount brokers in nature, choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
Everything about discount brokers such as F6 Online or Prostocks is internet based, be it – customer service, trading, account opening etc. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market, your long and short term plans of investing or trading and so on.
To make things easy for you, we have listed out the comparison between Prostocks Vs F6 Online 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 | F6 Online Review | |
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2016 | 2013 |
Number of branches across India | 2 | 7 |
Exchanges | BSE, NSE | NSE, BSE, MCX, NCDEX and NMCE |
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 | F6 Online Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 per executed trade | ₹666 per month or ₹6666 per year |
Intraday Delivery | ₹15 per executed trade | ₹666 per month or ₹6666 per year |
Equity Futures | ₹15 per executed trade | ₹666 per month or ₹6666 per year |
Equity Options | ₹15 per executed trade | ₹666 per month or ₹6666 per year |
Currency Futures | ₹15 per executed trade | ₹666 per month or ₹6666 per year |
Currency Options | ₹15 per executed trade | ₹666 per month or ₹6666 per year |
Commodity | NA | ₹666 per month or ₹6666 per year |
Calculate Brokerage | Prostocks Brokerage Calculator | |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 7 times & Delivery upto 1 time | Upto 4 times |
Equity Futures | Upto 1.5 times | Upto 4 times |
Equity Options | Upto 1.5 times | NA |
Currency Futures | NA | Upto 4 times |
Currency Options | NA | NA |
Commodities | NA | 4 times of limit in the liquid commodities including Metals and Crude with no leverage in Agri commodities |
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 | F6 Online Web LIVE, F6 Online Mobile app |
Complaints Percentage of Active Clients | 0.15% | 1.31% |
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 Prostocks Vs F6 Online for the benefits of other readers. Please feel free to share in the comments below.
In case you are looking to open a Demat account, get started by entering basic details below: