Religare Vs Prostocks (Compare Religare and Prostocks)

The side-by-side comparison of Religare and Prostocks. Compare Religare Vs Prostocks brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Religare vs Prostocks?


Religare
Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant services. Incorporated in 1986, Religare Securities Ltd (RSL) is a subsidiary of Religare Enterprises Limited, New Delhi based diversified financial group. Religare Securities offers retail broking, depository services and other related investme... Know more about Religare


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 ₹899 per month or unlimited Currency Derivatives for ₹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. ProStocks ... Know more about Prostocks

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Religare Vs Prostocks

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in , Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  Religare Prostocks
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE
Account Type My Saver Online Plan Flat Rate Plan
Year of Incorporation 1994
Number of Branches 1500 1
Broker Enquiry Open an Online Trading Account with Religare. 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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Religare Vs Prostocks Charges & AMC

Religare trading account opening charges is ₹500 while Prostocks account opening changes is ₹0. Religare Demat Account AMC Charges is ₹400 from second year onward and Prostocks Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).

  Religare Prostocks
Trading Account Opening Charges ₹500 ₹0
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges Nil ₹0 (Free)
Demat Account AMC Charges ₹400 from second year onward ₹0 (Lifetime Zero AMC)
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Religare Vs Prostocks Brokerage Charges & Plans

Religare Vs Prostocks Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Prostocks brokerage charges for equity is ₹0 (Free) and intraday is ₹15.

  Religare Prostocks
Account Type My Saver Online Plan Flat Rate Plan
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% ₹0 (Free)
Equity Intraday Brokerage 0.050% to 0.010% ₹15
Equity Futures Brokerage 0.05% ₹15
Equity Options Brokerage ₹70 per lot ₹15
Currency Futures Trading Brokerage 0.05% ₹15
Currency Options Trading Brokerage ₹30 per lot ₹15
Commodity Futures Trading Brokerage 0.05% NA
Commodity Options Trading Brokerage ₹30 per lot NA
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. Get the offer
Special Offer: Get lifetime AMC free Demat Account with ₹0 account opening fee. ₹0 Brokerage on Equity Delivery. Flat ₹15/trade for Intraday and F&O. Request a Callback

Religare Vs Prostocks Brokerage Plan 2

  Religare Prostocks
Account Type My Saver Online Plan Unlimited Equity Trading Plan
Fixed Charges ₹899
Equity Delivery Brokerage 0.50% to 0.10% ₹0
Equity Intraday Brokerage 0.050% to 0.010% ₹0
Equity Futures Brokerage 0.05% ₹0
Equity Options Brokerage ₹70 per lot ₹0
Currency Futures Trading Brokerage 0.05% NA
Currency Options Trading Brokerage ₹30 per lot NA
Commodity Futures Trading Brokerage 0.05% NA
Commodity Options Trading Brokerage ₹30 per lot NA
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Religare Vs Prostocks Brokerage Plan 3

  Religare Prostocks
Account Type My Saver Online Plan Unlimited Currency Trading Plan
Fixed Charges ₹499
Equity Delivery Brokerage 0.50% to 0.10% NA
Equity Intraday Brokerage 0.050% to 0.010% NA
Equity Futures Brokerage 0.05% NA
Equity Options Brokerage ₹70 per lot NA
Currency Futures Trading Brokerage 0.05% ₹0
Currency Options Trading Brokerage ₹30 per lot ₹0
Commodity Futures Trading Brokerage 0.05% NA
Commodity Options Trading Brokerage ₹30 per lot NA
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Religare Charges Vs Prostocks

Minimum Brokerage Charges 1p per share ₹0
Other Brokerage Charges
Call & Trade Charges ₹10 per executed order (max ₹50 per day) ₹0 (Free)
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Religare Vs Prostocks Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Prostocks exchange transaction charges for options is NSE: 0.050% | BSE: 0.0025%.

  Religare Prostocks
Equity Delivery 0.0037% NSE: 0.00325% | BSE: 0.00275%
Equity Intraday 0.0037% NSE: 0.00325% | BSE: 0.00275%
Equity Futures 0.004% NSE: 0.0019% | BSE: 0.0005%
Equity Options 0.06% on Premium NSE: 0.050% | BSE: 0.0025%
Currency Futures 0.004% NSE: 0.0011% | BSE: 0.0001%
Currency Options 0.06% on Premium NSE: 0.040% | BSE: 0.0001%
Commodity 0.0035%
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Religare Vs Prostocks Leverage (Margin)

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

  Religare Prostocks
Equity Delivery Upto 4x with 24% interest per year 1x (no margin)
Equity Intraday Upto 10x 7x (Margin intraday sq off)
Equity Futures Upto 3x 2x
Equity Options Upto 3x for shorting 1x (no margin)
Currency Futures Upto 2x 1.5x
Currency Options 2x for shorting 1x (no margin)
Commodity Futures Upto 3x
Commodity Options
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Compare Religare and Prostocks Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Prostocks offers ProStocks, NSE NOW trading software.

  Religare 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) No
Margin Against Shares (Equity F&O) No
Trading Platform Odin Diet, Web, Dynami ProStocks, NSE NOW
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM
Other Features Mutual Fund, EMI Calculator
Referral Program
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Religare Vs Prostocks Review

Religare is rated 2.9 of 5 based on 76 customer reviews whereas Prostocks is rated 3.3 of 5 based on 29 customer reviews.

  Religare Prostocks
  76 Customer Reviews    Rate Religare 29 Customer Reviews    Rate Prostocks
Fees 3.2 4.7
Trading Brokerage 3.1 4.4
Trading Platform Usability 3.0 3.0
Customer Service 2.9 3.3
Research Capabilities 3.3 4.0
Overall Ratings Rated 2.9 stars Rated 3.3 stars
Broker Rating Religare is rated 2.9 of 5 based on 76 customer reviews Prostocks is rated 3.3 of 5 based on 29 customer reviews
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Contact Broker / Request A Call Back

  Religare Enquire Prostocks Enquire
Contact Broker

Get Free Trading + Demat Account for limited time. Get the offer

Get lifetime AMC free Demat Account with ₹0 account opening fee. ₹0 Brokerage on Equity Delivery. Flat ₹15/trade for Intraday and F&O. Request a Callback

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Religare Vs Prostocks Investment Options

  Religare Prostocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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Religare Vs Prostocks Order Type Offered

  Religare 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) No Yes
Good Till Cancelled (GTC) Yes No
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Religare Vs Prostocks Research Report

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

  Religare Prostocks
Casual Investor Yes
Active Investor Yes
Trader Yes
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Religare Vs Prostocks - Pros and Cons

  Religare Prostocks
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.
  • Cheapest flat fee broker in India. Offers ₹899 unlimited equity and equity f&o trading and ₹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 ₹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 (₹10 per executed order) among all discount brokers. Other brokers charge minimum ₹20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).
Cons
  • EXE Based trading terminal are available for ₹999 per annum.
  • Call and Trade is charged at ₹10 per executed order (maximum ₹50 per day in a segment).
Reviews Useful articles about ProStocks:
Promo / Offers

Free Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get ₹0 AMC on Demat Account for 1st year.

This is a limited time offer. Simply leave your contact information with us and Religare representatives will contact you.

  • ₹0 Eq Delivery Brokerage and Flat ₹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.

Enquire ReligareEnquire Prostocks

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