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Anand Rathi Vs Prostocks – Share Brokers Comparison
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Anand Rathi Vs Prostocks
Here is a point by point comparison of Anand Rathi Vs Prostocks. Anand Rathi is a full-service stockbroking housing with its operations started back in 1994. It is known for providing trading and investment services across a whole range of financial assets. Further, it has got an array of trading platforms across web, desktop and mobile.
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 stockbroking firm was founded recently in February 2016.
Discount brokers such as Prostocks offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as Anand Rathi will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody 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 Anand Rathi 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 | Anand Rathi Review | |
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 2016 | 1994 |
| Number of branches across India | 2 | 1200 |
| Exchanges | BSE, NSE | BSE, NSE, MCX, NCDEX and USE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹300 | ₹750 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹550 |
| Demat Account Annual Maintenance Charges | ₹1000 (Refundable) | ₹0 for first year, ₹299 from second year |
| Transaction Charges | Prostocks Transaction Charges | Anand Rathi Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed trade | 0.3% (can be negotiated further) |
| Intraday Delivery | ₹15 per executed trade | 0.03% |
| Equity Futures | ₹15 per executed trade | 0.03% |
| Equity Options | ₹15 per executed trade | ₹50 per executed order |
| Currency Futures | ₹15 per executed trade | 0.03% |
| Currency Options | ₹15 per executed trade | ₹50 per executed order |
| Commodity | NA | 0.03% |
| Calculate Brokerage | Prostocks Brokerage Calculator | Anand Rathi Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 7 times & Delivery upto 1 time | Upto 10 times for Intraday, Upto 4 times for Delivery |
| Equity Futures | Upto 1.5 times | Upto 2 times for Intraday |
| Equity Options | Upto 1.5 times | Buying no leverage, Shorting upto 2 times |
| Currency Futures | NA | Upto 2 times for Intraday |
| Currency Options | NA | Buying no leverage, Shorting upto 2 times |
| Commodities | NA | Upto 2 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 | Trade X'Press+, Trade Lite, Trade Mobi, Trade X'Pro, Trade X'Pro+ |
| Complaints Percentage of Active Clients | 0.15% | 0.06% |
| OVERALL RATING |  |  |
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Summary
Reviewer
A Digital Blogger
Date
Broker Name
Anand Rathi Vs Prostocks
Overall Rating
