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Reliance Securities Vs ProStocks Share Broker Comparison

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

  Reliance Securities Limited ProStocks
 
Reliance Securities Limited Logo ProStocks Logo
About the Broker Reliance Securities, A Reliance Capital Limited Company, is the financial services division of Reliance Anil Dhirubhai Ambani (ADA) Group. Reliance ADA group is among top 3 business houses in India with wide range of presence across various sectors. ... Know more about Reliance Securities 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 BSE, NSE
Account Type R Fixed Online Flat Fee Plan
Broker Enquiry Open an Online Trading Account with Reliance Securities. 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

  Reliance Securities Limited ProStocks
Trading Account Opening Fees Rs 950 ₹0
Trading Account AMC Rs 0 ₹0
Demat Account Opening Fees Rs 0 ₹0
Demat Account AMC Rs 400 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Reliance Securities Limited ProStocks
Account Type R Fixed Online Flat Fee Plan
Fixed Charges NA
Equity Delivery Brokerage 0.40% ₹15
Equity Intraday Brokerage 0.04% ₹15
Equity Futures Brokerage 0.04% ₹15
Equity Options Brokerage ₹100 per lot ₹15
Currency Futures Trading Brokerage 0.04% ₹15
Currency Options Trading Brokerage ₹100 per lot ₹15
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  Reliance Securities Limited ProStocks
Account Type R Fixed Monthly Unlimited Equity
Fixed Charges NA ₹899
Equity Delivery Brokerage 0.50% ₹0
Equity Intraday Brokerage 0.05% ₹0
Equity Futures Brokerage 0.05% ₹0
Equity Options Brokerage ₹100 per lot ₹0
Currency Futures Trading Brokerage
Currency Options Trading Brokerage
Commodity Futures Trading Brokerage
Commodity Options Trading Brokerage

Brokerage Plan 3

  Reliance Securities Limited ProStocks
Account Type R Fixed Online Monthly Unlimited Currency
Fixed Charges NA ₹499
Equity Delivery Brokerage 0.40%
Equity Intraday Brokerage 0.04%
Equity Futures Brokerage 0.04%
Equity Options Brokerage ₹100 per lot
Currency Futures Trading Brokerage 0.04% ₹0
Currency Options Trading Brokerage ₹100 per lot ₹0
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges 5 paise per share
Other Brokerage Charges Physical contract note: ₹40 | Physical Ledger: ₹40
Call & Trade Charges ₹20 per call (First 20 calls free)
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Taxes

  Reliance Securities 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

  Reliance Securities Limited ProStocks
Equity Delivery 0.0035% NSE: 0.00325% | BSE: 0.00275%
Equity Intraday 0.0035% NSE: 0.00325% | BSE: 0.00275%
Equity Futures 0.0033% NSE: 0.0019% | BSE: 0.0005%
Equity Options 0.063% on premium NSE: 0.050% | BSE: 0.0025%
Currency Futures NSE: 0.0011% | BSE: 0.0001%
Currency Options NSE: 0.040% | BSE: 0.0001%
Commodity NA
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Exposure

  Reliance Securities Limited ProStocks
Equity Delivery Upto 3x with 21% 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 Nil 1x (no margin)
Currency Futures Nil 1.5x
Currency Options Nil 1x (no margin)
Commodity NA NA
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Share Broker Features

  Reliance Securities 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 Yes No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform InstaXpress, InstaPlus, Tick, Tick PRO, R Mobile express ProStocks, NSE NOW
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM
Other Features Mobile Application: Rmobile Xpress
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Broker Ratings (Average User Rating)

  Reliance Securities Limited ProStocks
  61 Customer Reviews    Rate Reliance Securities 24 Customer Reviews    Rate ProStocks
Fees Ratings 3.5 4.6
Trading Brokerage Rating 3.3 4.4
Trading Platform Usability 3.3 2.9
Customer Service Ratings 3.4 3.1
Overall Ratings Rated 3.3 stars Rated 3.3 stars
Broker Rating Reliance Securities is Rated 3.3 / 5 based on 61 customer reviews ProStocks is Rated 3.3 / 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  Reliance Securities Limited ProStocks
Contact / Request Call Back
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Investment Options Available

  Reliance Securities 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 No No
Other Investment Options Option strategies, R Model Portfolio
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Customer Service Offered

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

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

  Reliance Securities 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

  Reliance Securities Limited ProStocks
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  Reliance Securities Limited ProStocks
Pros

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

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 Reliance Securities Enquire about ProStocks
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