Anand Rathi Vs Prostocks (Compare Anand Rathi and Prostocks)


Anand Rathi
Incorporated in 1994, Anand Rathi is Mumbai based firm engaged in financial and advisory services that includes wealth management, investment banking, corporate advisory, brokerage & distribution of equities, commodities, mutual funds, and insurance. Anand Rathi is a full-service broker offering brokerage services to retail and institutional customers. Anand Rathi has a presence in India as well as internationally through offices in Dubai. Anand Rathi has a network across 1200+ locations se... Know more about Anand Rathi


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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Anand Rathi Vs Prostocks

Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  Anand Rathi Prostocks
Type of Broker Full Service Broker Discount Broker
Exchnage Membership NSE, BSE, MCX, & NCDEX BSE, NSE
Year of Incorporation 1994 2016
Number of Branches 1200 1
Open an Online Trading Account with Anand Rathi.Open an Online Trading Account with Prostocks.
Enquire Anand RathiOpen Prostocks Account
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Anand Rathi Vs Prostocks Charges & AMC

Anand Rathi trading account opening charges is Rs 552 (including GST) while Prostocks account opening changes is Rs 0. Anand Rathi Demat Account AMC Charges is Rs 450 from second year onward and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  Anand Rathi Prostocks
Trading Account Opening Charges Rs 552 (including GST) Rs 0
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 450 from second year onward Rs 0 (Lifetime Zero AMC)
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Anand Rathi Vs Prostocks Brokerage Charges & Plans

Anand Rathi Vs Prostocks Brokerage

Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015% whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15.

  Anand Rathi Prostocks
Account Type Standard Plan Flat Rate Plan
Fixed Charges NA
Equity Delivery 0.5% - 0.15% Rs 0 (Free)
Equity Intraday 0.05% -0.015% Rs 15
Equity Futures 0.05% - 0.015% Rs 15
Equity Options Rs 75 to Rs 20 Rs 15
Currency Futures 0.05% - 0.015% Rs 15
Currency Options Rs 75 to Rs 20 Rs 15
Commodity Futures 0.008% - 0.05% NA
Commodity Options NA
Special Offer
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.

Anand Rathi Vs Prostocks Brokerage Plan 2

  Anand Rathi Prostocks
Account Type Standard Plan Unlimited Equity Trading Plan
Fixed Charges NA Rs 899
Equity Delivery 0.5% - 0.15% Rs 0
Equity Intraday 0.05% -0.015% Rs 0
Equity Futures 0.05% - 0.015% Rs 0
Equity Options Rs 75 to Rs 20 Rs 0
Currency Futures 0.05% - 0.015% NA
Currency Options Rs 75 to Rs 20 NA
Commodity Futures 0.008% - 0.05% NA
Commodity Options NA
Enquire Anand RathiOpen Prostocks Account

Anand Rathi Vs Prostocks Brokerage Plan 3

  Anand Rathi Prostocks
Account Type Standard Plan Unlimited Currency Trading Plan
Fixed Charges NA Rs 499
Equity Delivery 0.5% - 0.15% NA
Equity Intraday 0.05% -0.015% NA
Equity Futures 0.05% - 0.015% NA
Equity Options Rs 75 to Rs 20 NA
Currency Futures 0.05% - 0.015% Rs 0
Currency Options Rs 75 to Rs 20 Rs 0
Commodity Futures 0.008% - 0.05% NA
Commodity Options NA
Enquire Anand RathiOpen Prostocks Account

Anand Rathi Charges Vs Prostocks

Minimum Brokerage Rs 0
Other Charges
Call & Trade Charges Rs 0 (Free)
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Anand Rathi Vs Prostocks Transaction Charges

Anand Rathi transaction charges for options is Rs 7000 per Cr (0.07%) while Prostocks exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium).

  Anand Rathi Prostocks
Equity Delivery NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side) NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)
Equity Options Rs 7000 per Cr (0.07%) NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures Rs 350 per Cr (0.0035%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options Rs 7000 per Cr (0.07%) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Rs 350 per Cr (0.0035%)
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Anand Rathi Vs Prostocks Leverage (Margin)

Anand Rathi margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Prostocks margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Anand Rathi Prostocks
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Anand Rathi and Prostocks Features

The trading platforms offered Anand Rathi include Trade X. Prostocks offers ProStocks, NSE NOW trading software.

  Anand Rathi Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform Trade X ProStocks, NSE NOW
Intraday Square-off Time 3:15 PM Equity 3:15 PM | Curr: 4:45 PM
Other Features
Referral Program
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Anand Rathi Vs Prostocks Review

Anand Rathi is rated 3.1 of 5 based on 14 customer reviews whereas Prostocks is rated 3.2 of 5 based on 35 customer reviews.

  Anand Rathi Prostocks
  14 Customer Reviews    Rate Anand Rathi 35 Customer Reviews    Rate Prostocks
Fees 3.2 4.6
Brokerage 3.2 4.3
Trading Platform 3.0 2.8
Customer Service 3.4 3.2
Research Capabilities 3.5 2.4
Overall Ratings Rated 3.1 stars Rated 3.2 stars
Broker Rating Anand Rathi is rated 3.1 of 5 based on 14 customer reviews Prostocks is rated 3.2 of 5 based on 35 customer reviews
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Contact Broker / Request A Call Back

  Anand Rathi Enquire Prostocks Enquire
Contact Broker Leave your contact information and we will get in touch with you....
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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Anand Rathi Vs Prostocks Investment Options

  Anand Rathi 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
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Anand Rathi Vs Prostocks Order Type Offered

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

  Anand Rathi Prostocks
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Anand Rathi Vs Prostocks Suitable For Investor Type

  Anand Rathi Prostocks
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Anand Rathi Vs Prostocks - Pros and Cons

  Anand Rathi Prostocks
Pros
  1. Pan India presence.
  2. Option to trade online through web based and mobile trading platforms.
  3. Various financial products under one umbrella viz. Broking products, insurance, portfolio management services, corporate fixed deposits, structured products.
  4. Online IPO applicatioan.
  5. Loan against Shares and Margin Trading Facility available.
  6. Quick and Easy account opening.
  7. Research and advisory services.
  • 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. High and non-negotiable brokerage charges.
  2. Do not offer 3 in 1 account.
  3. Extra charges for featured products.
Reviews Useful articles about ProStocks:
Promo / Offers

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 alog trading.

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

Enquire Anand RathiOpen Prostocks Account

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