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SBI Securities Vs ProStocks Share Broker Comparison

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

  SBICAP Securities Ltd ProStocks
 
SBICAP Securities Ltd Logo ProStocks Logo
About the Broker SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd. Services offered by SBICAP includes Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services and E-Broking. They also provide online trading ... Know more about SBICAP Securities Ltd 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 eZ-trade Flat Fee Plan
Broker Enquiry Open an Online Trading Account with SBI 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

  SBICAP Securities Ltd ProStocks
Trading Account Opening Fees ₹850 ₹0
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹350 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  SBICAP Securities Ltd ProStocks
Account Type eZ-trade Flat Fee Plan
Fixed Charges
Equity Delivery Brokerage 0.50% ₹15
Equity Intraday Brokerage 0.05% ₹15
Equity Futures Brokerage 0.05% ₹15
Equity Options Brokerage ₹100 per lot ₹15
Currency Futures Trading Brokerage 0.03% ₹15
Currency Options Trading Brokerage Rs 30 per lot ₹15
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  SBICAP Securities Ltd ProStocks
Account Type eZ-trade Monthly Unlimited Equity
Fixed Charges ₹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 0.03%
Currency Options Trading Brokerage Rs 30 per lot
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Brokerage Plan 3

  SBICAP Securities Ltd ProStocks
Account Type eZ-trade Monthly Unlimited Currency
Fixed Charges ₹499
Equity Delivery Brokerage 0.50%
Equity Intraday Brokerage 0.05%
Equity Futures Brokerage 0.05%
Equity Options Brokerage ₹100 per lot
Currency Futures Trading Brokerage 0.03% ₹0
Currency Options Trading Brokerage Rs 30 per lot ₹0
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges ₹0.05 for Cash, ₹0.01 Future
Other Brokerage Charges
Call & Trade Charges ₹10 per call (after 30 free calls a month)
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Taxes

  SBICAP Securities Ltd 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

  SBICAP Securities Ltd ProStocks
Equity Delivery NSE: 0.00386% | BSE: 0.00384% NSE: 0.00325% | BSE: 0.00275%
Equity Intraday NSE: 0.00386% | BSE: 0.00384% NSE: 0.00325% | BSE: 0.00275%
Equity Futures NSE: 0.002206% (₹221/Crore) NSE: 0.0019% | BSE: 0.0005%
Equity Options NSE: 0.05515% (₹5515/Crore) NSE: 0.050% | BSE: 0.0025%
Currency Futures 0.002206% NSE: 0.0011% | BSE: 0.0001%
Currency Options NSE: 0.05515% (₹5515/Crore) NSE: 0.040% | BSE: 0.0001%
Commodity
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Exposure

  SBICAP Securities Ltd ProStocks
Equity Delivery 2x with Intrest 1x (no margin)
Equity Intraday Upto 5x 7x (Margin intraday sq off) | 10x (Cover Order)
Equity Futures Nil 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

  SBICAP Securities Ltd ProStocks
3 in 1 Account Yes No
Charting No Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform SBI Smart Express, SBI Smart Web, SBI Smart Mobile ProStocks, NSE NOW
Intraday Square-off Time 2:45 PM Equity 3:15 PM | Curr: 4:45 PM
Other Features
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Broker Ratings (Average User Rating)

  SBICAP Securities Ltd ProStocks
  126 Customer Reviews    Rate SBI Securities 24 Customer Reviews    Rate ProStocks
Fees Ratings 3.2 4.6
Trading Brokerage Rating 2.8 4.4
Trading Platform Usability 2.7 2.9
Customer Service Ratings 2.8 3.1
Overall Ratings Rated 2.6 stars Rated 3.3 stars
Broker Rating SBI Securities is Rated 2.6 / 5 based on 126 customer reviews ProStocks is Rated 3.3 / 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  SBICAP Securities Ltd ProStocks
Contact / Request Call Back
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Investment Options Available

  SBICAP Securities Ltd ProStocks
Stock / Equity Yes Yes
Commodity No 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

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

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

  SBICAP Securities Ltd 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

  SBICAP Securities Ltd ProStocks
Casual Investor Yes Yes
Active Investor Yes
Trader Yes

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Pros, Cons and Other Review Comments

  SBICAP Securities Ltd ProStocks
Pros
  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.

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
  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.

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 SBI Securities Enquire about ProStocks
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