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Aditya Birla Money Vs Prostocks (Compare Aditya Birla Money and Prostocks)

Aditya Birla Money Ltd Logo

About Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp... Know more about Aditya Birla Money Ltd

Prostocks Logo

About Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited Equity and Derivatives Trading at Rs 899 per month or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this plan. ProSto... Know more about Prostocks

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Aditya Birla Money Vs Prostocks

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  Aditya Birla Money Prostocks
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE
Year of Incorporation 1994 2016
Number of Branches 800 1
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Aditya Birla Money Vs Prostocks Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while Prostocks account opening changes is Rs 0. Aditya Birla Money Demat Account AMC Charges is Rs 436 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  Aditya Birla Money Prostocks
Trading Account Opening Charges Rs 750 Rs 0
Trading Account AMC Charges Nil Rs 0
Demat Account Opening Charges Nil Rs 0 (Free)
Demat Account AMC Charges Rs 436 Rs 0 (Lifetime Zero AMC)

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Aditya Birla Money Vs Prostocks Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type Aditya Birla Money Prostocks Flat Rate Plan
Fixed Charges NA
Equity Delivery 0.30% Rs 0 (Free)
Equity Intraday 0.03% Rs 15 per executed order
Equity Futures 0.03% Rs 15 per executed order
Equity Options Rs 50 per lot Rs 15 per executed order
Currency Futures 0.03% Rs 15 per executed order
Currency Options Rs 50 per lot Rs 15 per executed order
Commodity Futures 0.03% NA
Commodity Options Nil NA
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

Aditya Birla Money Vs Prostocks Brokerage Plan 2

  Aditya Birla Money Prostocks
Account Type Unlimited Equity Trading Plan
Fixed Charges Rs 899
Equity Delivery 0.30% Rs 0
Equity Intraday 0.03% Rs 0
Equity Futures 0.03% Rs 0
Equity Options Rs 50 per lot Rs 0
Currency Futures 0.03% NA
Currency Options Rs 50 per lot NA
Commodity Futures 0.03% NA
Commodity Options Nil NA
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Aditya Birla Money Vs Prostocks Brokerage Plan 3

  Aditya Birla Money Prostocks
Account Type Unlimited Currency Trading Plan
Fixed Charges Rs 499
Equity Delivery 0.30% NA
Equity Intraday 0.03% NA
Equity Futures 0.03% NA
Equity Options Rs 50 per lot NA
Currency Futures 0.03% Rs 0
Currency Options Rs 50 per lot Rs 0
Commodity Futures 0.03% NA
Commodity Options Nil NA
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Aditya Birla Money Charges Vs Prostocks

Minimum Brokerage Rs 20 per executed order Rs 0
Other Charges
Call & Trade Charges Nil Rs 0 (Free)

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Aditya Birla Money Vs Prostocks Transaction Charges

Aditya Birla Money transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium).

  Aditya Birla Money Prostocks
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures Rs 190 per Cr (0.0019%) NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)
Equity Options Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures Rs 110 per Cr (0.0011%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options Rs 4000 per Cr (0.04%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)
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Aditya Birla Money Vs Prostocks Leverage (Margin)

Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Prostocks margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Aditya Birla Money Prostocks
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Aditya Birla Money and Prostocks Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

  Aditya Birla Money Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) No
Trading Platform Etrade, Advanced web, Mobile invest ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time 3:15 Equity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features Insurance and Pension scheme available
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Aditya Birla Money Vs Prostocks Review

Aditya Birla Money is rated 3.0 of 5 based on 25 customer reviews whereas Prostocks is rated 3.3 of 5 based on 38 customer reviews.

  Aditya Birla Money Prostocks
  25 Customer Reviews    Rate Aditya Birla Money 38 Customer Reviews    Rate Prostocks
Fees 3.2 4.6
Brokerage 3.1 4.3
Trading Platform 3.1 2.9
Customer Service 2.9 3.2
Research Capabilities 3.6 2.1
Overall Ratings Rated 3.0 stars Rated 3.3 stars
Broker Rating Aditya Birla Money is rated 3.0 of 5 based on 25 customer reviews Prostocks is rated 3.3 of 5 based on 38 customer reviews

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Contact Broker / Request A Call Back

  Aditya Birla Money Enquire Prostocks Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

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Aditya Birla Money Vs Prostocks Investment Options

  Aditya Birla Money Prostocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds

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Aditya Birla Money Vs Prostocks Order Type Offered

  Aditya Birla Money Prostocks
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
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Aditya Birla Money Vs Prostocks Research Report

  Aditya Birla Money Prostocks
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Aditya Birla Money Vs Prostocks Suitable For Investor Type

  Aditya Birla Money Prostocks
Casual Investor Yes Yes
Active Investor Yes
Trader Yes

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Aditya Birla Money Vs Prostocks - Pros and Cons

  Aditya Birla Money Prostocks
Pros
  1. ABM offers 2 in 1 account which is Trading cum Demat account
  2. No Call and Trade charges
  3. Fund transfer facility available from more than 11 banks
  4. ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
  • Cheapest flat fee broker in India. Offers Rs 899 unlimited equity and equity f&o trading and Rs 15 per trade plan.
  • Cover Order (CO) is available in unlimited monthly plan. Bracket order is coming soon.
  • Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 2 Pricing plans to choose from.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time Rs 1000 deposit. No account opening and no annual maintenance charges.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (Rs 10 per executed order) among all discount brokers. Other brokers charge minimum Rs 20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).
Cons
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
Reviews Useful articles about ProStocks:
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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Prostocks Special Offer

Unlimited Monthly Trading @ Rs 899

  • Monthly unlimited trading plan @ Rs 899.
  • Or Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • API for algo trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

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