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Sharekhan Vs Prostocks (Compare Sharekhan and Prostocks)

Sharekhan Logo

About Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan

Prostocks Logo

About 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 pl... Know more about Prostocks

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Sharekhan Vs Prostocks

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  Sharekhan Prostocks
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE
Year of Incorporation 2000 2016
Number of Branches 2800 1
Open Sharekhan AccountOpen Prostocks Account

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Sharekhan Vs Prostocks Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  Sharekhan Prostocks
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 0 (Lifetime Zero AMC)

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Sharekhan Vs Prostocks Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type Sharekhan Classic Account Prostocks Flat Rate Plan
Fixed Charges NA
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.10% Rs 15 per executed order
Equity Futures 0.10% Rs 15 per executed order
Equity Options Rs 50 per lot Rs 15 per executed order
Currency Futures 0.10% Rs 15 per executed order
Currency Options Rs 30 per lot Rs 15 per executed order
Commodity Futures 0.03% NA
Commodity Options 0.03% NA
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
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.

Sharekhan Vs Prostocks Brokerage Plan 2

  Sharekhan Prostocks
Account Type Prepaid - Rs 1 Lakh Unlimited Equity Trading Plan
Fixed Charges Rs 1,00,000 per year Rs 899
Equity Delivery 0.10% Rs 0
Equity Intraday 0.015% Rs 0
Equity Futures 0.015% Rs 0
Equity Options 0.05% or Rs 63 per lot Rs 0
Currency Futures NA
Currency Options NA
Commodity Futures NA
Commodity Options NA
Open Sharekhan AccountOpen Prostocks Account

Sharekhan Vs Prostocks Brokerage Plan 3

  Sharekhan Prostocks
Account Type Margin - Rs 1 Lakh Unlimited Currency Trading Plan
Fixed Charges Rs 1,00,000 margin Rs 499
Equity Delivery 0.25% NA
Equity Intraday 0.05% NA
Equity Futures 0.05% NA
Equity Options 1% or Rs 70 per lot NA
Currency Futures Rs 0
Currency Options Rs 0
Commodity Futures NA
Commodity Options NA
Open Sharekhan AccountOpen Prostocks Account

Sharekhan Charges Vs Prostocks

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 0
Other Charges
Call & Trade Charges Rs 20 Rs 0 (Free)

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Sharekhan Vs Prostocks Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium).

  Sharekhan Prostocks
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 25 per Cr (0.00025%)
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%)
Open Sharekhan AccountOpen Prostocks Account

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Sharekhan Vs Prostocks Leverage (Margin)

Sharekhan 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.

  Sharekhan 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)
Open Sharekhan AccountOpen Prostocks Account

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Compare Sharekhan and Prostocks Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

  Sharekhan Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform TradeTiger, Sharekhan Mobile ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time 3:30 PM Equity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features Pattern finder, Class room training
Open Sharekhan AccountOpen Prostocks Account

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Sharekhan Vs Prostocks Review

Sharekhan is rated 3.3 of 5 based on 310 customer reviews whereas Prostocks is rated 3.3 of 5 based on 39 customer reviews.

  Sharekhan Prostocks
  310 Customer Reviews    Rate Sharekhan 39 Customer Reviews    Rate Prostocks
Fees 3.0 4.6
Brokerage 2.8 4.3
Trading Platform 3.7 2.9
Customer Service 3.3 3.2
Research Capabilities 3.1 2.1
Overall Ratings Rated 3.3 stars Rated 3.3 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 310 customer reviews Prostocks is rated 3.3 of 5 based on 39 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire Prostocks Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. 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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Sharekhan Vs Prostocks Investment Options

  Sharekhan Prostocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading

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Sharekhan Vs Prostocks Order Type Offered

  Sharekhan Prostocks
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Open Sharekhan AccountOpen Prostocks Account

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Sharekhan Vs Prostocks Research Report

  Sharekhan Prostocks
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Sharekhan Vs Prostocks Suitable For Investor Type

  Sharekhan Prostocks
Casual Investor Yes Yes
Active Investor Yes Yes
Trader Yes

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Sharekhan Vs Prostocks - Pros and Cons

  Sharekhan Prostocks
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is 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
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.
Reviews

ProStocks is among the most popular stock broker in India forĀ unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market.

ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds.

The Top 10 Reasons to Trade with ProStocks

Promo / Offers

Sharekhan Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

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

Prostocks Special Offer

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 algo trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

Open Sharekhan AccountOpen Prostocks Account

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