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Prostocks Vs TradeJini – Indian Share Brokers Comparison
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Prostocks Vs TradeJini
Here is a point by point comparison of Prostocks Vs TradeJini. 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. TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have clients from more than 1000 cities and towns of India across all trading segments.
Everything about discount brokers such as TradeJini 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 TradeJini 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 | Tradejini Review | |
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2016 | 2012 |
| Number of branches across India | 2 | 1 |
| Exchanges | BSE, NSE | BSE, NSE, MCX and MCX SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹300 | ₹695 (get ₹300 off by Opening Account through Us) |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹300 |
| Demat Account Annual Maintenance Charges | ₹1000 (Refundable) | ₹300 |
| Transaction Charges | Prostocks Transaction Charges | Tradejini Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed trade | ₹20 per executed order or 0.10% of Turnover whichever is lower |
| Intraday Delivery | ₹15 per executed trade | ₹20 per executed order or 0.01% of Turnover whichever is lower |
| Equity Futures | ₹15 per executed trade | ₹20 per executed order or 0.01% of Turnover whichever is lower |
| Equity Options | ₹15 per executed trade | ₹20 per executed order |
| Currency Futures | ₹15 per executed trade | ₹20 per executed order or 0.01% of Turnover whichever is lower |
| Currency Options | ₹15 per executed trade | ₹20 per executed order |
| Commodity | NA | ₹20 per executed order or 0.01% of Turnover whichever is lower |
| Calculate Brokerage | Prostocks Brokerage Calculator | Tradejini Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 7 times & Delivery upto 1 time | Upto 20 Times for Intraday, & No leverage for Delivery |
| Equity Futures | Upto 1.5 times | Normally 2.5 times with stop loss upto 5 times |
| Equity Options | Upto 1.5 times | Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 times |
| Currency Futures | NA | NA |
| Currency Options | NA | NA |
| Commodities | NA | Upto 3 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 | NEST, NSE Now, NSE Mobile Trading App |
| Complaints Percentage of Active Clients | 0.15% | 0.12% |
| 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 TradeJini for the benefits of other readers. Please feel free to share in the comments below.
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Prostocks Vs TradeJini
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