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Trading Bells Vs Prostocks – Share Brokers Comparison
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Trading Bells Vs Prostocks
Here is a point by point comparison of Trading Bells Vs Prostocks. Trading Bells is a Discount stock broker that is based out of Indore and has a presence in over 80 cities of India. It recently got a ₹2 Crore seed round from Swastika Investment in December 2016.
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.
Discount brokers such as Prostocks or Trading Bells 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 Trading Bells 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 | Trading Bells Review | |
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2016 | 2014 |
| Number of branches across India | 2 | 1 |
| Exchanges | BSE, NSE | NSE, BSE, MCX, MCX – SX 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 | Trading Bells Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed trade | ₹0 |
| Intraday Delivery | ₹15 per executed trade | 0.01% or ₹20 per executed order whichever is lower |
| Equity Futures | ₹15 per executed trade | 0.01% or ₹20 per executed order whichever is lower |
| Equity Options | ₹15 per executed trade | Flat ₹20 per executed order |
| Currency Futures | ₹15 per executed trade | 0.01% or ₹20 per executed order whichever is lower |
| Currency Options | ₹15 per executed trade | Flat ₹20 per executed order |
| Commodity | NA | 0.01% or ₹20 per executed order whichever is lower |
| Calculate Brokerage | Prostocks Brokerage Calculator | Trading Bells Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 7 times & Delivery upto 1 time | Upto 10 times Intraday |
| Equity Futures | Upto 1.5 times | Upto 3 times for Intraday |
| Equity Options | Upto 1.5 times | Buying no leverage |
| Currency Futures | NA | Upto 2 times for Intraday |
| Currency Options | NA | Upto 3 times for Intraday |
| 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 | ODIN, NETNET Lite, NSE Now, Mobile Trade |
| Complaints Percentage of Active Clients | 0.15% | 0.17% |
| 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 Trading Bells Vs Prostocks for the benefits of other readers. Please feel free to share in the comments below.
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Trading Bells Vs Prostocks
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