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Indiabulls Vs Prostocks (Compare Indiabulls and Prostocks)

Indiabulls Ventures Limited Logo

About Indiabulls
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero interest margin funding. Indiabulls Shubh is an offering of Indiabulls Ventures Ltd, one of the oldest stock brokers in India serving customers since the year 2000. Indiabulls Ventures serves over 7 lakh customers with a dedicated sales team of more... Know more about Indiabulls Ventures Limited

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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Indiabulls Vs Prostocks

Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  Indiabulls Prostocks
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE and MCX BSE, NSE
Year of Incorporation 2000 2016
Number of Branches 18 1
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Indiabulls Vs Prostocks Charges & AMC

Indiabulls trading account opening charges is Rs 500 while Prostocks account opening changes is Rs 0. Indiabulls Demat Account AMC Charges is Rs 450 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  Indiabulls Prostocks
Trading Account Opening Charges Rs 500 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 Rs 0 (Lifetime Zero AMC)

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Indiabulls Vs Prostocks Brokerage

Indiabulls brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free) whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type Indiabulls Equity Unlimited Trade Prostocks Flat Rate Plan
Fixed Charges Rs 1000 NA
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 0 (Free) Rs 15 per executed order
Equity Futures Rs 15 per trade Rs 15 per executed order
Equity Options Rs 15 per trade Rs 15 per executed order
Currency Futures Rs 15 per trade Rs 15 per executed order
Currency Options Rs 15 per trade Rs 15 per executed order
Commodity Futures 0.03% NA
Commodity Options 0.03% NA
Special Offer
Special Offer: FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the 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.

Indiabulls Vs Prostocks Brokerage Plan 2

  Indiabulls Prostocks
Account Type F&O Unlimited Trade Unlimited Equity Trading Plan
Fixed Charges Rs 1000 Rs 899
Equity Delivery Rs 15 per trade Rs 0
Equity Intraday Rs 15 per trade Rs 0
Equity Futures Rs 0 (Free) Rs 0
Equity Options Rs 0 (Free) Rs 0
Currency Futures Rs 0 (Free) NA
Currency Options Rs 0 (Free) NA
Commodity Futures 0.03% NA
Commodity Options 0.03% NA
Enquire IndiabullsOpen Prostocks Account

Indiabulls Vs Prostocks Brokerage Plan 3

  Indiabulls Prostocks
Account Type Base Plan Unlimited Currency Trading Plan
Fixed Charges NA Rs 499
Equity Delivery Rs 0 (Free) NA
Equity Intraday Rs 15 per executed order NA
Equity Futures Rs 15 per executed order NA
Equity Options Rs 15 per executed order NA
Currency Futures Rs 15 per executed order Rs 0
Currency Options Rs 15 per executed order Rs 0
Commodity Futures 0.03% NA
Commodity Options 0.03% NA
Enquire IndiabullsOpen Prostocks Account

Indiabulls Charges Vs Prostocks

Minimum Brokerage Rs 0 (Unlimited Plan), Rs 15 (Per Trade Plan) Rs 0
Other Charges
Call & Trade Charges Rs 0 (Free) Rs 0 (Free)

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Indiabulls Vs Prostocks Transaction Charges

Indiabulls transaction charges for options is Rs 5500 per crore (on premium) (0.055%) while Prostocks exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium).

  Indiabulls Prostocks
Equity Delivery Rs 325 per crore (0.00325%) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday Rs 325 per crore (0.00325%) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures Rs 250 per crore (0.0025%) NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)
Equity Options Rs 5500 per crore (on premium) (0.055%) NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures Rs 250 per crore (0.0025%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options Rs 5500 per crore (on premium) (0.055%) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity
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Indiabulls Vs Prostocks Leverage (Margin)

Indiabulls 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.

  Indiabulls 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)
Enquire IndiabullsOpen Prostocks Account

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Compare Indiabulls and Prostocks Features

The trading platforms offered Indiabulls include SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB). Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

  Indiabulls Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading No 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) Yes No
Trading Platform SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB) ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM
Other Features Live News, World market summary
Referral Program Yes
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Indiabulls Vs Prostocks Review

Indiabulls is rated 3.2 of 5 based on 50 customer reviews whereas Prostocks is rated 3.2 of 5 based on 37 customer reviews.

  Indiabulls Prostocks
  50 Customer Reviews    Rate Indiabulls 37 Customer Reviews    Rate Prostocks
Fees 3.4 4.5
Brokerage 3.1 4.2
Trading Platform 3.7 2.9
Customer Service 3.0 3.2
Research Capabilities 2.4 2.2
Overall Ratings Rated 3.2 stars Rated 3.2 stars
Broker Rating Indiabulls is rated 3.2 of 5 based on 50 customer reviews Prostocks is rated 3.2 of 5 based on 37 customer reviews

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Contact Broker / Request A Call Back

  Indiabulls Enquire Prostocks Enquire
Contact Broker FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the 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.

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Indiabulls Vs Prostocks Investment Options

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

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Indiabulls Vs Prostocks Order Type Offered

  Indiabulls 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) Yes Yes
Good Till Cancelled (GTC) No Yes
Enquire IndiabullsOpen Prostocks Account

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Indiabulls Vs Prostocks Research Report

  Indiabulls Prostocks
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Indiabulls Vs Prostocks Suitable For Investor Type

  Indiabulls Prostocks
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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Indiabulls Vs Prostocks - Pros and Cons

  Indiabulls Prostocks
Pros
  • Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
  • Interest-free Margin Funding in Unlimited Trading plan.
  • Margin funding is available at a low cost of 12% per annum in Rs 15/trade plan.
  • Free trading software.
  • Free research reports and trading tips to all the customers.
  • Years of experience, trust and good track record in stock broker business.
  • 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
  • Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App.
  • Local branch support is not available to online customers.
  • Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans.
  • Margin against share is not available in Unlimited Trading Plans.
Reviews Useful articles about ProStocks:
Promo / Offers

Limited Time Offer - FREE Unlimited Trading for 1st Month (Rs 1000 waived)

Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order.

Get this limited time 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 alog trading.

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

Enquire IndiabullsOpen Prostocks Account

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