Prostocks Vs Achiievers Equities – Share Brokers Comparison
Prostocks Vs Achiievers Equities
Here is a point by point comparison of Prostocks Vs Achiievers Equities. Achiievers Equities is a one of its own kind discount broker that provides fixed brokerage plans at Month, Day and Trade level but also provides research reports and market tips. At the same time, Achiievers Equities provides a 3-in-1 account offering convenience to its clients when it comes to payment transfers.
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.
Everything about discount brokers such as Achiievers Equities and Prostocks is internet based, be it – customer service, trading, account opening and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on. 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 Prostocks Vs Achiievers Equities 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 stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
Prostocks Review | Achiievers Equities Review | |
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2016 | 2012 |
Number of branches across India | 2 | 1 |
Exchanges | BSE, NSE | NSE, BSE, MCX, MCX-SX, NSEL |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹300 | ₹750 |
Trading Account Annual Maintenance Charges | ₹0 | ₹400 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹1000 (Refundable) | ₹0 |
Transaction Charges | Prostocks Transaction Charges | Achiievers Equities Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 per executed trade | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Intraday Delivery | ₹15 per executed trade | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Equity Futures | ₹15 per executed trade | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Equity Options | ₹15 per executed trade | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Currency Futures | ₹15 per executed trade | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Currency Options | ₹15 per executed trade | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Commodity | NA | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Calculate Brokerage | Prostocks Brokerage Calculator | Achiievers Equities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 7 times & Delivery upto 1 time | Upto 5 times for Intraday, 0 for Delivery |
Equity Futures | Upto 1.5 times | Upto 2 times |
Equity Options | Upto 1.5 times | NA |
Currency Futures | NA | NA |
Currency Options | NA | Upto 2 times |
Commodities | NA | Upto 4 times |
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 | NOW Online, NOW Trader |
Complaints Percentage of Active Clients | 0.15% | 0.26% |
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 Achiievers Equities for the benefits of other readers. Please feel free to share in the comments below.
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