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Prostocks Vs Alice Blue NRI Account Comparison

The side-by-side comparison of Prostocks and Alice Blue NRI Account. Compare Prostocks Vs Alice Blue NRI Account brokerage charges, exposure margin, demat account and AMC. Read Alice Blue and Prostocks NRI Account reviews.

Find out Prostocks Vs Alice Blue which is better NRI Trading Account. See Prostocks Vs Alice Blue which is best NRI Demat Account.

Our Prostocks comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Prostocks and Alice Blue NRI Account.

Prostocks Vs Alice Blue

	Prostocks	Alice Blue
	Prostocks Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO NRI Account Review	Alice Blue Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO NRI Account Review

About the Broker	Prostocks is a flat-fee discount stock broker offering online investing and trading services to Resident and NRI Investors. It offers a 2-in-1 account, combining trading and demat account, to NRIs to trade across equity, derivatives, mutual funds, an...	Alice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, " We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with...
Account Type	NRI Account	NA
Broker Enquiry

Prostocks Vs Alice Blue Charges

	Prostocks	Alice Blue
NRI Account Opening Fees	₹0	NA
NRI Account AMC	₹0	NA
NRI Demat Account Opening Fees	Rs 0 (Free)	Rs 0
NRI Demat Account AMC	Rs 0 (Lifetime Zero AMC)	Rs 400
PIS Account AMC	NA	NA
RBI approval for PIS (One time)	₹500 + GST	₹500 + GST

Prostocks Vs Alice Blue NRI Account Brokerage Comparison

Brokerage Plan

	Prostocks	Alice Blue
Account Type	NRI Account	NA
Equity Delivery	₹100 per executed order	NA
Equity Futures	₹100 per executed order	NA
Equity Options	₹100 per executed order	NA

Other Charges

Contract Note Reporting Charges	NA	NA
Other Brokerage Charges		NA
TDS Charges on Long Term Gain (Holding > 365 Days)	11.96%	11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days)	17.94%	17.94%

Prostocks Vs Alice Blue NRI Account Taxes/Fees

	Prostocks	Alice Blue
Securities Transaction Tax (STT)	Equity Intraday: 0.025% (on Sell trade) Equity Delivery: 0.1% (on Buy and Sell) Equity Futures: 0.01% (on Sell trade) Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)	Equity Intraday: 0.025% (on Sell trade) Equity Delivery: 0.1% (on Buy and Sell) Equity Futures: 0.01% (on Sell trade) Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges	Check Exchange Transaction Fee
SEBI Charges	0.00005% (₹5/Crore)	0.00005% (₹5/Crore)
Goods and Services Tax (GST)	18% on (brokerage + transaction charges)	18% on (brokerage + transaction charges)
Stamp Duty	0.01% on delivery based turnover and 0.002% on non-delivery based turnover.	0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

Prostocks Vs Alice Blue NRI Account Exposure Margin

	Prostocks	Alice Blue
Equity Delivery	1x	1x
Equity Futures	1x	1x
Equity Options	1x	1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.

Prostocks and Alice Blue NRI Account Feature Comparison

	Prostocks	Alice Blue
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features

Prostocks Vs Alice Blue NRI Account Review

	Prostocks	Alice Blue
	34 Customer Reviews	31 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating	Prostocks is Rated 3.1 / 5 based on 34 customer reviews	Alice Blue is Rated 3.4 / 5 based on 31 customer reviews

Contact Broker / Request A Call Back

	Prostocks	Alice Blue
Contact Broker	Name Phone # Email City Name State Are you a day trader?	Name Phone # Email City Name State Are you a day trader?

Prostocks Vs Alice Blue NRI Investment Options

	Prostocks	Alice Blue
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options

Prostocks Vs Alice Blue NRI Customer Service

	Prostocks	Alice Blue
Customer Care Number	+91 22 6243 4343, +91 22 3811 0110
Customer Care Email	sales@prostocks.com

Prostocks Vs Alice Blue Order Type Offered for NRI Account

	Prostocks	Alice Blue
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)

Prostocks Vs Alice Blue - NRI Account Advantages and Disadvantages

	Prostocks	Alice Blue
Pros	Prostocks charges a flat fee of ₹100 per executed order which is the cheapest fee charged by any broker in India. Traders can choose from in-house trading platforms or NSE NOW software to trade as per their convenience. Demat and Trading accounts at Prostocks are lifetime AMC free. NRI customer doesn't require separate Custodial Account to trade in Equity F&O. Prostocks is a registered clearing member who can get the CP code for NRI and clear the trades. This offers a huge saving for NRI customers.
Cons	Doesn't offer a 3-in-1 account. An NRI has to open an NRI Bank Account before opening a trading and demat account. GTC (Good Till Cancel) and AMO (After Market Order) not available.	Alice Blue does not offer NRI trading and demat account.
Conclusion	Prostocks offer online trading service at the cheapest brokerage rate to the NRIs. It has partnerships with 5 popular banks in India to offer NRI trading. The free account opening and AMC free demat & trading account is an added advantage for the NRI customers. Prostocks doesn't provide research and advisory service. It suits well for frequent traders who execute 100's of trades daily.	Alice Blue, the Bangalore based financial service provider, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks. If you recently become an NRI and have a resident account with Alice Blue, you have to close it and open a new account with another broker who offers NRI services.
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Prostocks Vs Alice Blue - More Reviews

Prostocks

Alice Blue

NRI Trading Review

Prostocks NRI Account Review

Alice Blue NRI Account Review

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