Geojit Vs Prostocks (Compare Geojit and Prostocks)

Geojit Vs Prostocks

Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India. Incorporated in , Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

	Geojit	Prostocks
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX-SX	BSE, NSE
Account Type	Online Trading	Flat Rate Plan
Year of Incorporation	1987
Number of Branches	509	1
Broker Enquiry
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Geojit Vs Prostocks Charges & AMC

Geojit trading account opening charges is Rs 425 while Prostocks account opening changes is Rs 0. Geojit Demat Account AMC Charges is Rs 0 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

	Geojit	Prostocks
Trading Account Opening Charges	Rs 425	Rs 0
Trading Account AMC Charges	NIL	Rs 0
Demat Account Opening Charges	NIL	Rs 0 (Free)
Demat Account AMC Charges	Rs 0	Rs 0 (Lifetime Zero AMC)

Geojit Vs Prostocks Brokerage

Geojit 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.

	Geojit	Prostocks
Account Type	Online Trading	Flat Rate Plan
Fixed Charges
Equity Delivery Brokerage	0.30%	Rs 0 (Free)
Equity Intraday Brokerage	0.03%	Rs 15
Equity Futures Brokerage	0.03%	Rs 15
Equity Options Brokerage	Rs 125 per contract	Rs 15
Currency Futures Trading Brokerage	0.03%	Rs 15
Currency Options Trading Brokerage	Rs 125 per contract	Rs 15
Commodity Futures Trading Brokerage	NA	NA
Commodity Options Trading Brokerage	NA	NA
Special Offer		Special Offer: Get lifetime AMC free Demat Account with Rs 0 account opening fee. Rs 0 Brokerage on Equity Delivery. Flat Rs 15/trade for Intraday and F&O. Request a Callback

Geojit Vs Prostocks Brokerage Plan 2

	Geojit	Prostocks
Account Type	Online Trading	Unlimited Equity Trading Plan
Fixed Charges		Rs 899
Equity Delivery Brokerage	0.30%	Rs 0
Equity Intraday Brokerage	0.03%	Rs 0
Equity Futures Brokerage	0.03%	Rs 0
Equity Options Brokerage	Rs 125 per contract	Rs 0
Currency Futures Trading Brokerage	0.03%	NA
Currency Options Trading Brokerage	Rs 125 per contract	NA
Commodity Futures Trading Brokerage	NA	NA
Commodity Options Trading Brokerage	NA	NA
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Geojit Vs Prostocks Brokerage Plan 3

	Geojit	Prostocks
Account Type	Online Trading	Unlimited Currency Trading Plan
Fixed Charges		Rs 499
Equity Delivery Brokerage	0.30%	NA
Equity Intraday Brokerage	0.03%	NA
Equity Futures Brokerage	0.03%	NA
Equity Options Brokerage	Rs 125 per contract	NA
Currency Futures Trading Brokerage	0.03%	Rs 0
Currency Options Trading Brokerage	Rs 125 per contract	Rs 0
Commodity Futures Trading Brokerage	NA	NA
Commodity Options Trading Brokerage	NA	NA
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Geojit Charges Vs Prostocks

Minimum Brokerage Charges	1p per share or Rs 20/contract whichever is higher	Rs 0
Other Brokerage Charges
Call & Trade Charges		Rs 0 (Free)

Geojit Vs Prostocks Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Prostocks exchange transaction charges for options is NSE: 0.050% | BSE: 0.0025%.

	Geojit	Prostocks
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE: 0.00325% | BSE: 0.00275%
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE: 0.00325% | BSE: 0.00275%
Equity Futures	Rs 210 per Cr (0.0021%)	NSE: 0.0019% | BSE: 0.0005%
Equity Options	Rs 5500 per Cr (0.05%)	NSE: 0.050% | BSE: 0.0025%
Currency Futures	Rs 145 per Cr (0.00145%)	NSE: 0.0011% | BSE: 0.0001%
Currency Options	Rs 4730 per Cr (0.0473%) on premium	NSE: 0.040% | BSE: 0.0001%
Commodity	NA
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Geojit Vs Prostocks Leverage (Margin)

Geojit provides the margin of Upto 10x for intraday trades whereas the Prostocks margin for intraday cash is 7x (Margin intraday sq off).

	Geojit	Prostocks
Equity Delivery	Upto 7x with 22% interest per year	1x (no margin)
Equity Intraday	Upto 10x	7x (Margin intraday sq off)
Equity Futures	No additional leverage	2x
Equity Options	No additional leverage	1x (no margin)
Currency Futures	No additional leverage	1.5x
Currency Options	No additional leverage	1x (no margin)
Commodity Futures	NA
Commodity Options
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Compare Geojit and Prostocks Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Prostocks offers ProStocks, NSE NOW trading software.

	Geojit	Prostocks
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Selfie Platinum, Selfie Gold, Mobile App	ProStocks, NSE NOW
Intraday Square-off Time		Equity 3:15 PM | Curr: 4:45 PM
Other Features
Referral Program
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Geojit Vs Prostocks Review

Geojit is rated 3.7 of 5 based on 100 customer reviews whereas Prostocks is rated 3.3 of 5 based on 29 customer reviews.

	Geojit	Prostocks
	100 Customer Reviews	29 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.7 of 5 based on 100 customer reviews	Prostocks is rated 3.3 of 5 based on 29 customer reviews

Geojit Vs Prostocks Investment Options

	Geojit	Prostocks
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

Geojit Vs Prostocks Order Type Offered

	Geojit	Prostocks
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Geojit Vs Prostocks Research Report

	Geojit	Prostocks
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Geojit Vs Prostocks Suitable For Investor Type

	Geojit	Prostocks
Casual Investor
Active Investor
Trader

Geojit Vs Prostocks - Pros and Cons

	Geojit	Prostocks
Pros		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. Very high Options trading brokerage charges. Geojit charges Rs 125 per contract for Intraday Options and Rs 150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of Rs 20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional Rs 20 per Contract or 5 paisa per share whichever is higher.
Reviews		Useful articles about ProStocks: The Top 10 Reasons to Trade with ProStocks
Promo / Offers		Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O + Lifetime Free AMC Demat Account + FREE Trading and Demat Account Opening This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.
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