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Indiabulls Vs ProStocks Share Broker Comparison

The side-by-side comparison of Indiabulls Ventures Limited and ProStocks stock brokers in India. The comparison below highlights the similarities and differences between Indiabulls 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 Indiabulls and ProStocks.

  Indiabulls Ventures Limited ProStocks
 
Indiabulls Ventures Limited Logo ProStocks Logo
About the Broker Indiabulls Ventures Ltd (Formerly Indiabulls Securities) is the India-based Stock Broker. ISL is part of Indiabulls Group, a leading business house in India with businesses spread across many sectors including Infrastructure, Power, Real Estate and F... Know more about Indiabulls Ventures Limited 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 ... Know more about ProStocks
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE
Account Type Power Indiabulls Flat Fee Plan
Broker Enquiry Open an Online Trading Account with Indiabulls. Leave your contact info and we will get in touch with you. Open an Online Trading Account with ProStocks. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Indiabulls Ventures Limited ProStocks
Trading Account Opening Fees Rs 750 ₹0
Trading Account AMC NIL ₹0
Demat Account Opening Fees NIL ₹0
Demat Account AMC Rs 450 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Indiabulls Ventures Limited ProStocks
Account Type Power Indiabulls Flat Fee Plan
Fixed Charges
Equity Delivery Brokerage 0.3% ₹15
Equity Intraday Brokerage 0.03% ₹15
Equity Futures Brokerage 0.03% ₹15
Equity Options Brokerage Rs100/Lot ₹15
Currency Futures Trading Brokerage 0.03% ₹15
Currency Options Trading Brokerage Rs100/Lot ₹15
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage No

Brokerage Plan 2

  Indiabulls Ventures Limited ProStocks
Account Type Power Indiabulls Monthly Unlimited Equity
Fixed Charges ₹899
Equity Delivery Brokerage 0.3% ₹0
Equity Intraday Brokerage 0.03% ₹0
Equity Futures Brokerage 0.03% ₹0
Equity Options Brokerage Rs100/Lot ₹0
Currency Futures Trading Brokerage 0.03%
Currency Options Trading Brokerage Rs100/Lot
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage No

Brokerage Plan 3

  Indiabulls Ventures Limited ProStocks
Account Type Power Indiabulls Monthly Unlimited Currency
Fixed Charges ₹499
Equity Delivery Brokerage 0.3%
Equity Intraday Brokerage 0.03%
Equity Futures Brokerage 0.03%
Equity Options Brokerage Rs100/Lot
Currency Futures Trading Brokerage 0.03% ₹0
Currency Options Trading Brokerage Rs100/Lot ₹0
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage No

Other Charges

Minimum Brokerage Charges 3 paisa per share
Other Brokerage Charges
Call & Trade Charges Nil
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Taxes

  Indiabulls Ventures Limited ProStocks
Securities Transaction Tax (STT)
  • 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)
  • 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)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Indiabulls Ventures Limited ProStocks
Equity Delivery 0.00325% NSE: 0.00325% | BSE: 0.00275%
Equity Intraday 0.00325% NSE: 0.00325% | BSE: 0.00275%
Equity Futures 0.0025% NSE: 0.0019% | BSE: 0.0005%
Equity Options 0.055% on Premium NSE: 0.050% | BSE: 0.0025%
Currency Futures 0.0025% NSE: 0.0011% | BSE: 0.0001%
Currency Options 0.055% on Premium NSE: 0.040% | BSE: 0.0001%
Commodity 0.003%
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Exposure

  Indiabulls Ventures Limited ProStocks
Equity Delivery Upto 4x with 16% interest per year 1x (no margin)
Equity Intraday Upto 10x 7x (Margin intraday sq off) | 10x (Cover Order)
Equity Futures Upto 3x 1.5x
Equity Options Upto 3x for shorting 1x (no margin)
Currency Futures Nil 1.5x
Currency Options Nil 1x (no margin)
Commodity Upto 3x NA
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Share Broker Features

  Indiabulls Ventures Limited ProStocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Power Indiabulls, SHUBH Web, SHUBH Mobile ProStocks, NSE NOW
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM
Other Features Live News, World market summary
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Broker Ratings (Average User Rating)

  Indiabulls Ventures Limited ProStocks
  44 Customer Reviews    Rate Indiabulls 24 Customer Reviews    Rate ProStocks
Fees Ratings 3.4 4.6
Trading Brokerage Rating 3.1 4.4
Trading Platform Usability 3.7 2.9
Customer Service Ratings 3.1 3.1
Overall Ratings Rated 3.2 stars Rated 3.3 stars
Broker Rating Indiabulls is Rated 3.2 / 5 based on 44 customer reviews ProStocks is Rated 3.3 / 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  Indiabulls Ventures Limited ProStocks
Contact / Request Call Back
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Investment Options Available

  Indiabulls Ventures Limited ProStocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options
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Customer Service Offered

  Indiabulls Ventures Limited ProStocks
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
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Order Type

  Indiabulls Ventures Limited ProStocks
Bracket Order No
Cover Order No
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) No
Good Till Cancelled (GTC)
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Research / Tips / Reports Published

  Indiabulls Ventures Limited ProStocks
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Suitable for Investor Category

  Indiabulls Ventures Limited ProStocks
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  Indiabulls Ventures Limited ProStocks
Pros
  • Indiabulls has good network of branches across India.
  • Brokerage is negotiable and can be reduced up to 50-60%.
  • Power Indiabulls is available for Apple's Mac and Linux OS.
  • 10 times exposure for intraday trades.
  • Indiabulls provides trading platforms which are easy to use, rich in features and to suite different customer needs. Power Indiabulls Trading Terminal, Online Trading Website and Mobile Power Indiabulls trading platform are 3 platforms offered by them.
  • Indiabulls has branches and sub brokers in almost every city in India. This helps customers who feel comfortable dealing with people.
  • Indiabulls offers 2-in-1 account which includes share trading and demat account.

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
  • Power Indiabulls Trading Terminal cost Rs 750 one time change.
  • There are no standard rates, fees or brokerage published on website. You should be very careful with hidden changes.
  • No centralized support or sales team. Business is done through branches and sub-brokers.
  • Indiabulls doesn't provide 3-in-1 account

More Disadvantages...

More Disadvantages...

Reviews Useful articles about ProStocks:
Promo / Offers

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.

Enquire about Indiabulls Enquire about ProStocks
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