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Anand Rathi Vs Prostocks (Compare Anand Rathi and Prostocks)

Anand Rathi Logo

About Anand Rathi
Incorporated in 1994, Anand Rathi is one of the leading financial and investment service providers in India. Anand Rathi is a full-service broker. It offers a wide range of investment services including broking services for equities, commodities, IPOs, currency, derivatives, structure products, bonds and smart baskets. Anand Rathi also offers insurance, corporate deposits and loans, portfolio management, research and advisory, margin funding, loan against shares, etc. There are no charges on ad... Know more about Anand Rathi

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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Anand Rathi Vs Prostocks

Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  Anand Rathi Prostocks
Type of Broker Full Service Broker Discount Broker
Exchnage Membership NSE, BSE, MCX, & NCDEX BSE, NSE
Year of Incorporation 1994 2016
Number of Branches 1200 1
Open Prostocks Account

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Anand Rathi Vs Prostocks Charges & AMC

Anand Rathi trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0 (Free). Anand Rathi Demat Account AMC Charges is 450 + GST 18% = 532 (1st year free) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  Anand Rathi 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 450 + GST 18% = 532 (1st year free) Rs 0 (Lifetime Zero AMC)

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Anand Rathi Vs Prostocks Brokerage

Anand Rathi brokerage charges for equity is 0.20% and intraday is 0.02% whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type Anand Rathi Standard Plan Prostocks Flat Rate Plan
Fixed Charges NA NA
Equity Delivery 0.20% Rs 0 (Free)
Equity Intraday 0.02% Rs 15 per executed order
Equity Futures 0.02% Rs 15 per executed order
Equity Options Rs 50 per lot Rs 15 per executed order
Currency Futures 0.02% Rs 15 per executed order
Currency Options Rs 20 per lot Rs 15 per executed order
Commodity Futures 0.02% NA
Commodity Options Rs 100 per lot NA
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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.

Anand Rathi Vs Prostocks Brokerage Plan 2

  Anand Rathi Prostocks
Account Type Standard Plan Unlimited Equity Trading Plan
Fixed Charges NA Rs 899
Equity Delivery 0.20% Rs 0
Equity Intraday 0.02% Rs 0
Equity Futures 0.02% Rs 0
Equity Options Rs 50 per lot Rs 0
Currency Futures 0.02% NA
Currency Options Rs 20 per lot NA
Commodity Futures 0.02% NA
Commodity Options Rs 100 per lot NA
Open Prostocks Account

Anand Rathi Vs Prostocks Brokerage Plan 3

  Anand Rathi Prostocks
Account Type Standard Plan Unlimited Currency Trading Plan
Fixed Charges NA Rs 499
Equity Delivery 0.20% NA
Equity Intraday 0.02% NA
Equity Futures 0.02% NA
Equity Options Rs 50 per lot NA
Currency Futures 0.02% Rs 0
Currency Options Rs 20 per lot Rs 0
Commodity Futures 0.02% NA
Commodity Options Rs 100 per lot NA
Open Prostocks Account

Anand Rathi Charges Vs Prostocks

Minimum Brokerage Rs 25 Rs 0
Other Charges
Call & Trade Charges Rs 0 (Free) Rs 0 (Free)

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Anand Rathi Vs Prostocks Transaction Charges

Anand Rathi transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Anand Rathi Prostocks
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Rs 350 per Cr (0.0035%)
Open Prostocks Account

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Anand Rathi Vs Prostocks Leverage (Margin)

Anand Rathi 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.

  Anand Rathi 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 Prostocks Account

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Compare Anand Rathi and Prostocks Features

The trading platforms offered Anand Rathi include TradeMobi, Trade Xpress+ and Tr@de X’pro. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

  Anand Rathi Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform TradeMobi, Trade Xpress+ and Tr@de X’pro ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time 3:15 PM Equity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes Yes
Other Features
Open Prostocks Account

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Anand Rathi Vs Prostocks Review

Anand Rathi is rated 3.1 of 5 based on 17 customer reviews whereas Prostocks is rated 3.3 of 5 based on 41 customer reviews.

  Anand Rathi Prostocks
  17 Customer Reviews    Rate Anand Rathi 41 Customer Reviews    Rate Prostocks
Fees 3.1 4.6
Brokerage 3.2 4.2
Trading Platform 3.1 2.9
Customer Service 3.3 3.2
Research Capabilities 3.6 2.0
Overall Ratings Rated 3.1 stars Rated 3.3 stars
Broker Rating Anand Rathi is rated 3.1 of 5 based on 17 customer reviews Prostocks is rated 3.3 of 5 based on 41 customer reviews

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Contact Broker / Request A Call Back

  Anand Rathi Enquire Prostocks Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. 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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Anand Rathi Vs Prostocks Investment Options

  Anand Rathi 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

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Anand Rathi Vs Prostocks Order Type Offered

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

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Anand Rathi Vs Prostocks Research Report

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

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Anand Rathi Vs Prostocks Suitable For Investor Type

  Anand Rathi Prostocks
Casual Investor Yes Yes
Active Investor Yes
Trader Yes

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Anand Rathi Vs Prostocks - Pros and Cons

  Anand Rathi Prostocks
Pros
  1. Pan India presence.
  2. Option to trade online through web based and mobile trading platforms.
  3. Various financial products under one umbrella viz. Broking products, insurance, portfolio management services, corporate fixed deposits, structured products.
  4. Online IPO applicatioan.
  5. Loan against Shares and Margin Trading Facility available.
  6. Quick and Easy account opening.
  7. Research and advisory services.
  • 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
  1. Brokerage reduction options available via VAS Plans.
  2. Doesn't offer a 3-in-1 account.
  3. Separate web-based platform and mobile app for mutual fund investments.
  4. Annual Maintenance Fees for Demat Account (with an option for a Lifetime Free Demat Account*).
Reviews

ProStocks is among the most popular stock broker in India for 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

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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 Prostocks Account

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