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SBI Securities Vs Prostocks (Compare SBI Securities and Prostocks)


SBICAP Securities Ltd Logo

SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders. SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians a... Know more about SBICAP Securities Ltd


Prostocks Logo

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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SBI Securities Vs Prostocks

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  SBI Securities Prostocks
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE
Year of Incorporation 2001 2016
Number of Branches 117 1
Open an Online Trading Account with SBI Securities.Open an Online Trading Account with Prostocks.
Enquire SBI SecuritiesOpen Prostocks Account
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SBI Securities Vs Prostocks Charges & AMC

SBI Securities trading account opening charges is Rs 850 while Prostocks account opening changes is Rs 0. SBI Securities Demat Account AMC Charges is Rs 350 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  SBI Securities Prostocks
Trading Account Opening Charges Rs 850 Rs 0
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 350 Rs 0 (Lifetime Zero AMC)
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SBI Securities Vs Prostocks Brokerage Charges & Plans

SBI Securities Vs Prostocks Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15.

  SBI Securities Prostocks
Account Type eZ-trade Flat Rate Plan
Fixed Charges
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.05% Rs 15
Equity Futures 0.05% Rs 15
Equity Options Rs 100 per lot Rs 15
Currency Futures 0.03% Rs 15
Currency Options Rs 30 per lot Rs 15
Commodity Futures NA NA
Commodity Options NA NA
Special 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.

SBI Securities Vs Prostocks Brokerage Plan 2

  SBI Securities Prostocks
Account Type eZ-trade Unlimited Equity Trading Plan
Fixed Charges Rs 899
Equity Delivery 0.50% Rs 0
Equity Intraday 0.05% Rs 0
Equity Futures 0.05% Rs 0
Equity Options Rs 100 per lot Rs 0
Currency Futures 0.03% NA
Currency Options Rs 30 per lot NA
Commodity Futures NA NA
Commodity Options NA NA
Enquire SBI SecuritiesOpen Prostocks Account

SBI Securities Vs Prostocks Brokerage Plan 3

  SBI Securities Prostocks
Account Type eZ-trade Unlimited Currency Trading Plan
Fixed Charges Rs 499
Equity Delivery 0.50% NA
Equity Intraday 0.05% NA
Equity Futures 0.05% NA
Equity Options Rs 100 per lot NA
Currency Futures 0.03% Rs 0
Currency Options Rs 30 per lot Rs 0
Commodity Futures NA NA
Commodity Options NA NA
Enquire SBI SecuritiesOpen Prostocks Account

SBI Securities Charges Vs Prostocks

Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future Rs 0
Other Charges
Call & Trade Charges Rs 10 per call (after 30 free calls a month) Rs 0 (Free)
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SBI Securities Vs Prostocks Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while Prostocks exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium).

  SBI Securities Prostocks
Equity Delivery NSE: 0.00386% | BSE: 0.00384% NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE: 0.00386% | BSE: 0.00384% NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE: 0.002206% (Rs 221/Crore) NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)
Equity Options NSE: 0.05515% (Rs 5515/Crore) NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures 0.002206% NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NSE: 0.05515% (Rs 5515/Crore) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity
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SBI Securities Vs Prostocks Leverage (Margin)

SBI Securities 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.

  SBI Securities 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)
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Compare SBI Securities and Prostocks Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. Prostocks offers ProStocks, NSE NOW trading software.

  SBI Securities 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 No No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
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
Referral Program
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SBI Securities Vs Prostocks Review

SBI Securities is rated 2.6 of 5 based on 146 customer reviews whereas Prostocks is rated 3.2 of 5 based on 36 customer reviews.

  SBI Securities Prostocks
  146 Customer Reviews    Rate SBI Securities 36 Customer Reviews    Rate Prostocks
Fees 3.2 4.5
Brokerage 2.8 4.2
Trading Platform 2.6 2.8
Customer Service 2.8 3.1
Research Capabilities 2.7 2.2
Overall Ratings Rated 2.6 stars Rated 3.2 stars
Broker Rating SBI Securities is rated 2.6 of 5 based on 146 customer reviews Prostocks is rated 3.2 of 5 based on 36 customer reviews
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Contact Broker / Request A Call Back

  SBI Securities Enquire Prostocks Enquire
Contact Broker Leave your contact information and we will get in touch with you....
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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SBI Securities Vs Prostocks Investment Options

  SBI Securities Prostocks
Stock / Equity Yes Yes
Commodity No No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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SBI Securities Vs Prostocks Order Type Offered

  SBI Securities Prostocks
Bracket Order No No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No No
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SBI Securities Vs Prostocks Research Report

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

  SBI Securities Prostocks
Casual Investor Yes Yes
Active Investor Yes
Trader Yes
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SBI Securities Vs Prostocks - Pros and Cons

  SBI Securities 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.
  • 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
  • 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.
Reviews Useful articles about ProStocks:
Promo / Offers

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 SBI SecuritiesOpen Prostocks Account

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SBI Securities Prostocks
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