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Alice Blue Vs ProStocks: Which one is better?

Both the brokers are registered with SEBI. Alice Blue offers investmenet in Equity, F&O, Currency and Commodities, where ProStocks offers investment in Equity, F&O and Currency only. The brokerage of Alice Blue Max Rs 15 per trade while the brokerage of ProStocks Max Rs 15 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Alice Blue is 1,65,397 where number of active customer for ProStocks is 6,651. Alice Blue is serving more customer compare to ProStocks.

Here we present side-by-side comparison of Alice Blue vs ProStocks share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Alice Blue vs ProStocks's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Alice Blue vs ProStocks share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Alice Blue vs ProStocks's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Alice Blue vs ProStocks on Service

  Alice Blue Compare
Alice Blue
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 1,65,397 6,651
Broker Overview Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders. Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an...Know more about ProStocks
Broker Enquiry Request call back from Alice Blue Request call back from ProStocks
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Account Opening Charges and AMC

Compare Alice Blue vs ProStocks on Trading & Demat Account Opening Charges

Comparison of Alice Blue with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Alice Blue charges Rs 400 PA AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Alice Blue with ProStocks
Charges Alice Blue ProStocks
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Alice Blue vs ProStocks on Plan Options

Plans are the most important feature you look when compare Alice Blue with ProStocks. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - ProStocks provides Monthly Plans where Alice Blue doesn't offer

Compare Alice Blue with ProStocks on Plan Options
Plan Types Alice Blue ProStocks
Multiple Plans Yes Yes
Monthly Plans No Yes
Yearly Plans No Yes
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Account Opening Request

Account Opening

  Alice Blue ProStocks
Account Opening Request
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Brokerage Charges

Compare Alice Blue vs ProStocks on Brokerage Charges

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Brokerage Charges - Compare Alice Blue with ProStocks
Brokerage Charges Compare Alice Blue ProStocks
Plan Name F15 Plan Flat Fee Rs 15 Trading Plan
Equity Delivery Free Free
Equity Intraday 0.05% or Rs 15 whichever is lower Flat Fee Rs 15
Equity Futures 0.05% or Rs 15 whichever is lower Flat Fee Rs 15
Equity Options Flat Fee Rs 15 Flat Fee Rs 15
Currency Futures 0.05% or Rs 15 whichever is lower Flat Fee Rs 15
Currency Options Flat Fee Rs 15 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 15 NA
Minimum Brokerage NA NA
Hidden Charges No No
Funding Yes - 24% interest PA No
Call & Trade Charges Rs 50 per order + GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges Rs 50 per order + GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Alice Blue Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Alice Blue vs ProStocks on Transaction Charges

Compare Alice Blue with ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare Alice Blue with ProStocks
Transaction Charges Compare Alice Blue ProStocks
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for alice-blue Complete Brokerage Plans for prostocks
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Account Features

Compare Alice Blue vs ProStocks on Account Features

Compare Alice Blue with ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Alice Blue with ProStocks
Account Features Compare Alice Blue ProStocks
3 in 1 Account No Alice Blue have 2-in-1 account. Only Demate and Trading account. No Alice Blue have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio No No
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Alice Blue vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Alice Blue and ProStocks. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Alice Blue with ProStocks
Trading Platform Compare Alice Blue ProStocks
Desktop Trading Platform ANT - Analyse and Trade Star ProStocks
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.prostocksweb.com/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ANT Mobile Star ProStocks
Mobile Trading App Demo ANT Mobile Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod ANT Mobile Download Andriod Star ProStocks Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ANT Mobile Download iOS Star ProStocks Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Alice Blue Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for alice-blue Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Alice Blue vs ProStocks on User Rating

  Alice Blue ProStocks
  8 Customer Reviews    Rate Alice Blue 4 Customer Reviews    Rate ProStocks
Fees Ratings 2.6 4.5
Trading Brokerage Rating 3.4 4.5
Trading Platform Usability 2.4 4.5
Customer Service Ratings 2.6 4.0
Overall Ratings 2.1 4.5
Broker Rating Alice Blue is Rated 2.1 / 5 based on 8 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare Alice Blue vs ProStocks on Investment Offerings

Compare Alice Blue with ProStocks on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Alice Blue offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - Alice Blue offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Alice Blue with ProStocks
Investment Offerings Compare Alice Blue ProStocks
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application No No
Mutual Funds Yes No
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Alice Blue vs ProStocks on Order Types

Order Type - Compare Alice Blue with ProStocks on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- ProStocks offers Good Till Cancelled (GTC) orders where Alice Blue doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Alice Blue with ProStocks
Order Type Compare Alice Blue ProStocks
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare Alice Blue vs ProStocks on Customer Service

Compare Alice Blue with ProStocks on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Alice Blue with ProStocks
Customer Service Compare Alice Blue ProStocks
24/7 Customer Service Alice Blue vs ProStocks - 24x7 customer support No No
Email Support Alice Blue vs ProStocks - Email Support No Yes
Onine Live Chat Alice Blue vs ProStocks - Onine Live Chat Yes No
Phone Support Alice Blue vs ProStocks - Phone Support Yes Yes
Toll Free Number Alice Blue vs ProStocks - Toll Free Number No No
Through Branches Alice Blue vs ProStocks - Through Branches Yes No
Customer Care Number Alice Blue vs ProStocks - Customer Care Number 08035215000/080-45490850 +91-2262-434343
Account Opening Process Alice Blue vs ProStocks - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Alice Blue vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Alice Blue vs ProStocks - Knowledge Center/Education https://tradeschool.aliceblueonline.com/ https://www.prostocks.com/faq.html
Head Office Address Alice Blue vs ProStocks - Head Office Address/Corporate Address Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website Alice Blue vs ProStocks - Company Website https://www.aliceblueonline.com https://www.prostocks.com
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Tips/Research/Reports Published

Compare Alice Blue vs ProStocks on Research Reports, Tips

Compare Alice Blue with ProStocks on research reports and tips provided by the broker.

Research Reports - Compare Alice Blue with ProStocks
  Alice Blue ProStocks
Research Mutual Funds Alice Blue vs ProStocks - Research Mutual Funds No No
Research Equity Reports Alice Blue vs ProStocks - Research Equity Reports No No
Research ETF Alice Blue vs ProStocks - Research ETF No No
Daily Market Report Alice Blue vs ProStocks - Daily Market Report Yes No
Free Tips Alice Blue vs ProStocks - Free Tips No No
Quarterly Result Analysis Alice Blue vs ProStocks - Quarterly Results No No
News Alerts Alice Blue vs ProStocks - No No
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Demat Account

Compare Alice Blue vs ProStocks on Demat Account

Compare Alice Blue with ProStocks on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for ProStocks is Free (₹1000 Refundable Deposit) where for Alice Blue is ₹400 pa. ProStocks is a better choice in terms of Demat AMC compare to Alice Blue.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Alice Blue is 0.04% of the value of the transaction where for ProStocks is ₹20 per ISIN.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Alice Blue with ProStocks
  Alice Blue ProStocks
DP Source CDSL CDSL
DP ID Alice Blue vs ProStocks - DP ID 83500 83200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Free (₹1000 Refundable Deposit)
Advance Deposit Rs 0 1000/- Refundable Deposit against charges
Statutory charges Rs 150 Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% of the value of the transaction ₹20 per ISIN
Demat ₹10 per certificate + ₹50 courier charges ₹50 per set up + ₹50 courier charges
Remat ₹30 per certificate + CDSL charges ₹50 per set up + ₹50 courier charges
Pledge Creation ₹20 + CDSL charges ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹20 + CDSL charges ₹50
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹20 + CDSL charges ₹50
Failed Instruction Charges Nil ₹50 per transaction
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Alice Blue vs ProStocks on Special Offers and Promotion

Compare Alice Blue with ProStocks on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Alice Blue vs ProStocks on Special Offers and Promotion
  Alice Blue ProStocks
Pay In and Pay Out Options Alice Blue vs ProStocks - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Alice Blue vs ProStocks - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Alice Blue vs ProStocks - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms. Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes
  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

Detail Review...

Dislikes
  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...

Special Offers/Promo ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
Enquiry Open Alice Blue Account Now>> Open ProStocks Account Now>>

Last Updated on 2024-01-12T04:48:54+00:00