Aditya Birla Money Vs ProStocks Share Broker Comparison
The side-by-side comparison of Aditya Birla Money Ltd and ProStocks stock brokers in India. The comparison below highlights the similarities and differences between Aditya Birla Money and ProStocks's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Aditya Birla Money and ProStocks.
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Aditya Birla Money Ltd |
ProStocks |
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| About the Broker |
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 i...  |
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 ... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MCX |
BSE, NSE |
| Account Type
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Flat Fee Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Aditya Birla Money Ltd |
ProStocks |
| Trading Account Opening Fees
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Nil |
₹0 |
| Trading Account AMC
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Nil |
₹0 |
| Demat Account Opening Fees
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Nil |
₹0 |
| Demat Account AMC
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Rs 555/- for 5 year. Effectively Rs 111/- per year |
₹0 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Aditya Birla Money Ltd |
ProStocks |
| Account Type |
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Flat Fee Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.10% |
₹15 |
| Equity Intraday Brokerage
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0.01% |
₹15 |
| Equity Futures Brokerage
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0.01% |
₹15 |
| Equity Options Brokerage
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Rs 20 |
₹15 |
| Currency Futures Trading Brokerage
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0.01% |
₹15 |
| Currency Options Trading Brokerage
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Rs 20 |
₹15 |
| Commodity Futures Trading Brokerage
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0.01% |
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| Commodity Options Trading Brokerage
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Rs 20 |
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Brokerage Plan 2
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Aditya Birla Money Ltd |
ProStocks |
| Account Type |
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Monthly Unlimited Equity |
| Fixed Charges
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₹899 |
| Equity Delivery Brokerage
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0.10% |
₹0 |
| Equity Intraday Brokerage
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0.01% |
₹0 |
| Equity Futures Brokerage
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0.01% |
₹0 |
| Equity Options Brokerage
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Rs 20 |
₹0 |
| Currency Futures Trading Brokerage
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0.01% |
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| Currency Options Trading Brokerage
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Rs 20 |
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| Commodity Futures Trading Brokerage
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0.01% |
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| Commodity Options Trading Brokerage
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Rs 20 |
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Brokerage Plan 3
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Aditya Birla Money Ltd |
ProStocks |
| Account Type |
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Monthly Unlimited Currency |
| Fixed Charges
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₹499 |
| Equity Delivery Brokerage
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0.10% |
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| Equity Intraday Brokerage
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0.01% |
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| Equity Futures Brokerage
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0.01% |
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| Equity Options Brokerage
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Rs 20 |
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| Currency Futures Trading Brokerage
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0.01% |
₹0 |
| Currency Options Trading Brokerage
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Rs 20 |
₹0 |
| Commodity Futures Trading Brokerage
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0.01% |
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| Commodity Options Trading Brokerage
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Rs 20 |
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Other Charges
| Minimum Brokerage Charges
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Rs 20 per executed order |
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| Other Brokerage Charges
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| Call & Trade Charges
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Taxes
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Aditya Birla Money Ltd |
ProStocks |
| Securities Transaction Tax (STT)
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- 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)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- 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)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Aditya Birla Money Ltd |
ProStocks |
| Equity Delivery
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0.00325% |
NSE: 0.00325% | BSE: 0.00275% |
| Equity Intraday
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0.00325% |
NSE: 0.00325% | BSE: 0.00275% |
| Equity Futures
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0.0019% |
NSE: 0.0019% | BSE: 0.0005% |
| Equity Options
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0.05% |
NSE: 0.050% | BSE: 0.0025% |
| Currency Futures
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0.0011% |
NSE: 0.0011% | BSE: 0.0001% |
| Currency Options
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0.04% |
NSE: 0.040% | BSE: 0.0001% |
| Commodity
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MCX - 0.003%, NCDEX - 0.004% |
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Exposure
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Aditya Birla Money Ltd |
ProStocks |
| Equity Delivery
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8X for NIFTY 50 Stocks & 5x - 2.5x for A & B grp approved stock |
1x (no margin) |
| Equity Intraday
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15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product |
7x (Margin intraday sq off) | 10x (Cover Order) |
| Equity Futures
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Delivery - Margin required by Exchange / Intraday - 66.67x for Indices futures |
1.5x |
| Equity Options
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Option Delivery and Intraday - Premium levied by Exchange |
1x (no margin) |
| Currency Futures
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1.5x |
| Currency Options
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1x (no margin) |
| Commodity
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NA |
Share Broker Features
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Aditya Birla Money Ltd |
ProStocks |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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OMNESYS NEST |
ProStocks, NSE NOW |
| Intraday Square-off Time
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3:15 |
Equity 3:15 PM | Curr: 4:45 PM |
| Other Features
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Broker Ratings (Average User Rating)
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Aditya Birla Money Ltd |
ProStocks |
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10 Customer Reviews  |
24 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Aditya Birla Money is Rated 2.2 / 5 based on 10 customer reviews |
ProStocks is Rated 3.3 / 5 based on 24 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Aditya Birla Money Ltd |
ProStocks |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Aditya Birla Money Ltd |
ProStocks |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Aditya Birla Money Ltd |
ProStocks |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Aditya Birla Money Ltd |
ProStocks |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Aditya Birla Money Ltd |
ProStocks |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Aditya Birla Money Ltd |
ProStocks |
| Pros
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- ABM offers 2 in 1 account which is Trading cum Demat account
- No Call and Trade charges
- Fund transfer facility available from more than 11 banks
- ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
More Advantages... |
- Cheapest flat fee broker in India. Offers ₹899 unlimited equity and equity f&o trading and ₹15 per trade plan.
- 2-in-1 Accounts offers seamless transactions between trading and demat account.
- 5 Pricing plans to choose from offers flexibility to stock market investors and active trader. Its extremely easy to switch between the plans.
- Lowest exchange transaction changes, guaranteed.
- Life time free demat account with one time ₹1000 deposit. No account opening and no annual maintenance charges.
- Lowest stamp duty for customer outside Maharashtra. Max stamp duty charged is ₹50 per day.
- ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
- Cheapest Call & Trade fee (₹10 per executed order) among all discount brokers. Other brokers charge minimum ₹20 per trade.
- 24x7 customer service though Advance Interactive voice response(IVR).
More Advantages... |
| Cons
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- Doesn't offer online account opening facility
- Brokerage calculator is not available
- Doesn't have Referral program
More Disadvantages... |
More Disadvantages... |
| Reviews
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Useful articles about ProStocks:
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| Promo / Offers
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ProStocks offer FREE Trading + Demat Account. You can trade unlimited in equity & equity f&o segment for ₹899/month or choose ₹15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer ₹0 Demat AMC with one time ₹1000 refundable deposit.
This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you. |
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Enquire about Aditya Birla Money
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Enquire about ProStocks
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Zero Account Opening Fee