Prostocks Vs Definedge Securities
Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Definedge Securities
Prostocks Vs Definedge Securities - Broker Details
| Prostocks | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2015 |
| Exchanges | BSE and NSE | NSE, BSE, MCX and NCDEX. |
| Branches | 2 | 270 |
| Brokerage | ₹15/ Order | ₹18 per executed order |
| Broker Type | Discount Broker | Discount Broker |
Prostocks Vs Definedge Securities - Account Opening & AMC Charges
| Prostocks | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
Prostocks Vs Definedge Securities - Brokerage charges & Plans
| Prostocks | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹15/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹15/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹0 | ₹0 (Free) |
| Equity Options | ₹15/ Order | ₹18 per executed order |
| Commodity Options | ₹15/ Order | ₹18 per executed order |
| Equity Futures | ₹15/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹15/ Order | ₹18 per executed order |
| Fixed Charges | ₹15/ Order | ₹18 per executed order |
| Equity Intraday | ₹15/ Order | 0.03% or ₹ 18 per executed order whichever is lower |
Prostocks Vs Definedge Securities - Other Charges
| Prostocks | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade | ₹0 (Free) |
| API Charges | ₹1000/Month | ₹0 (Free) |
| Call & Trade Charges | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade | ₹36/- per order |
| Other Brokerage Charges | ₹15/ Order | ₹18 per executed order |
| Minimum Brokerage | ₹15/ Order | ₹18 per executed order |
Prostocks Vs Definedge Securities - Transaction Charges
| Prostocks | Definedge Securities | |
|---|---|---|
| Currency Options | NSE ₹4,000/Cr | BSE ₹100/Cr | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE ₹200/Cr | BSE ₹50/Cr | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE ₹345/Cr | BSE ₹345/Cr | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE ₹5,300/Cr | BSE ₹2,500/Cr | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | N/A | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE ₹90/Cr | BSE ₹22/Cr | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE ₹345/Cr | BSE ₹345/Cr | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Prostocks Vs Definedge Securities - Margin (Exposure)
| Prostocks | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Prostocks Vs Definedge Securities - Features
| Prostocks | Definedge Securities | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Prostocks Vs Definedge Securities - Review & Rating
| Prostocks | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Prostocks Vs Definedge Securities - Request a call back from Broker
| Prostocks | Definedge Securities | |
|---|---|---|
Prostocks Vs Definedge Securities - Investment Options
| Prostocks | Definedge Securities | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Prostocks Vs Definedge Securities - Order Type
| Prostocks | Definedge Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Prostocks Vs Definedge Securities - Research & Report
| Prostocks | Definedge Securities | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Prostocks Vs Definedge Securities - Daily Market Report
| Prostocks | Definedge Securities | |
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| Daily Market Reports & News |
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Prostocks Vs Definedge Securities - Suitable For Investor
| Prostocks | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Prostocks Vs Definedge Securities - Pros & Cons
| Prostocks | Definedge Securities | |
|---|---|---|
| Pros | 1.The Demat account opens with ₹0 AMC on paying a one-time refundable deposit of ₹1000. 2. It charges low transaction charge. 3. It provides the online IPO application facility. 4. It provides the best and fully functional trading platforms in the industry. 5. It provides exceptionally the best customer services. 6. It provides 24*7 customer service by using the Advance Interactive Voice Response. | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| Cons | 1. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility. 3.Average Customer Service. | 1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
Prostocks Vs Definedge Securities - Background
| Prostocks | Definedge Securities | |
|---|---|---|
Prostocks Vs Definedge Securities - Compare All Brokers
| Prostocks | Definedge Securities | |
|---|---|---|
Prostocks Vs Definedge Securities - STT/CTT
| Prostocks | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Prostocks Vs Definedge Securities - Demat transaction charges
| Prostocks | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹0 (Free) |
Prostocks Vs Definedge Securities - GST
| Prostocks | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges | 18% (on brokerage + transaction charges) |
Prostocks Vs Definedge Securities - SEBI Charges
| Prostocks | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Prostocks Vs Definedge Securities - Account Opening & AMC Charges
Prostocks
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Prostocks Vs Definedge Securities
| Prostocks | Definedge Securities | |
|---|---|---|
ProStocks Review | Brokerage Charges, Account OpeningProstocks is the Mumbai-based online stock broker that was incorporated in 2016. And It is a complete online broking company that offers convenient trading at the very economical rates. Prostocks review offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives across NSE and BSE m .. + " Vs "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Prostocks Vs Definedge Securities - Brokerage charges & Plans
| Prostocks | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹15/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹15/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹0 | ₹0 (Free) |
| Equity Options | ₹15/ Order | ₹18 per executed order |
| Commodity Options | ₹15/ Order | ₹18 per executed order |
| Equity Futures | ₹15/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹15/ Order | ₹18 per executed order |
| Fixed Charges | ₹15/ Order | ₹18 per executed order |
| Equity Intraday | ₹15/ Order | 0.03% or ₹ 18 per executed order whichever is lower |
Prostocks Vs Definedge Securities - Margin (Exposure)
| Prostocks | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Prostocks Vs Definedge Securities - Other Charges
| Prostocks | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade | ₹0 (Free) |
| API Charges | ₹1000/Month | ₹0 (Free) |
| Call & Trade Charges | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade | ₹36/- per order |
| Other Brokerage Charges | ₹15/ Order | ₹18 per executed order |
| Minimum Brokerage | ₹15/ Order | ₹18 per executed order |
Prostocks Vs Definedge Securities - STT/CTT
| Prostocks | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Prostocks Vs Definedge Securities - Demat transaction charges
| Prostocks | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹0 (Free) |
Prostocks Vs Definedge Securities - GST
| Prostocks | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges | 18% (on brokerage + transaction charges) |
Prostocks Vs Definedge Securities - SEBI Charges
| Prostocks | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Prostocks Vs Definedge Securities - Features
| Prostocks | Definedge Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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