SBI Securities Vs Prostocks (Compare SBI Securities and Prostocks)

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 Prostocks Account

SBI Securities Vs Prostocks Charges & AMC

SBI Securities trading account opening charges is Rs 850 while Prostocks account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 750 (Free for 1st Year) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

	SBI Securities	Prostocks
Trading Account Opening Charges	Rs 850	Rs 0 (Free)
Trading Account AMC Charges		Rs 0
Demat Account Opening Charges		Rs 0 (Free)
Demat Account AMC Charges	Rs 750 (Free for 1st Year)	Rs 0 (Lifetime Zero AMC)

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 per executed order.

Account Type	SBI Securities	Prostocks Flat Rate Plan
Fixed Charges		NA
Equity Delivery	0.50%	Rs 0 (Free)
Equity Intraday	0.05%	Rs 15 per executed order
Equity Futures	0.05%	Rs 15 per executed order
Equity Options	Rs 100 per lot (sell and buy side)	Rs 15 per executed order
Currency Futures	0.03%	Rs 15 per executed order
Currency Options	Rs 30 per lot	Rs 15 per executed order
Commodity Futures	0.05%	NA
Commodity Options	Rs 100 (sell and buy side)	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.

SBI Securities Vs Prostocks Brokerage Plan 2

	SBI Securities	Prostocks
Account Type		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 (sell and buy side)	Rs 0
Currency Futures	0.03%	NA
Currency Options	Rs 30 per lot	NA
Commodity Futures	0.05%	NA
Commodity Options	Rs 100 (sell and buy side)	NA
		Open Prostocks Account

SBI Securities Vs Prostocks Brokerage Plan 3

	SBI Securities	Prostocks
Account Type		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 (sell and buy side)	NA
Currency Futures	0.03%	Rs 0
Currency Options	Rs 30 per lot	Rs 0
Commodity Futures	0.05%	NA
Commodity Options	Rs 100 (sell and buy side)	NA
		Open 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)

SBI Securities Vs Prostocks Transaction Charges

SBI Securities 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).

	SBI Securities	Prostocks
Equity Delivery	NSE Rs 322 per Cr (0.00322%) | 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 322 per Cr (0.00322%) | 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
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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 Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

	SBI Securities	Prostocks
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	SBI Smart Express, SBI Smart Web, SBI Smart Mobile	ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time	2:45 PM	Equity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
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SBI Securities Vs Prostocks Review

SBI Securities is rated 2.5 of 5 based on 163 customer reviews whereas Prostocks is rated 3.3 of 5 based on 41 customer reviews.

	SBI Securities	Prostocks
	163 Customer Reviews	41 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SBI Securities is rated 2.5 of 5 based on 163 customer reviews	Prostocks is rated 3.3 of 5 based on 41 customer reviews

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SBI Securities Vs Prostocks Investment Options

	SBI Securities	Prostocks
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

SBI Securities Vs Prostocks Order Type Offered

	SBI Securities	Prostocks
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
		Open Prostocks Account

SBI Securities Vs Prostocks Research Report

	SBI Securities	Prostocks
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

SBI Securities Vs Prostocks Suitable For Investor Type

	SBI Securities	Prostocks
Casual Investor
Active Investor
Trader

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		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.
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