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Anand Rathi Vs ProStocks: Which one is better?

Both the brokers are registered with SEBI. Anand Rathi offers investmenet in Equity, F&O, Currency and Commodities, where ProStocks offers investment in Equity, F&O and Currency only. The brokerage of Anand Rathi Max 0.02 to 0.20% per trade while the brokerage of ProStocks ranges between Rs 15. Anand Rathi is a Full Service Broker where ProStocks is a Discount Broker. Anand Rathi is having overall lower rating compare to ProStocks. Anand Rathi is rated only 3 out of 5 where ProStocks is rated 4 out of 5. Number of active customer for Anand Rathi is 1,20,565 where number of active customer for ProStocks is 6,475. Anand Rathi is serving more customer compare to ProStocks.

Here we present side-by-side comparison of Anand Rathi 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 Anand Rathi 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 Anand Rathi 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 Anand Rathi 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 Anand Rathi vs ProStocks on Service

  Anand Rathi Compare
Anand Rathi
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 1,20,565 6,475
Broker Overview Open a Free Anand Rathi Trading & Demat Account to trade or invest across multiple products, get free trading tips and expert research reports, personalized advisory, and portfolio management services (PMS). 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 Zerodha Request call back from ProStocks
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Account Opening Charges and AMC

Compare Anand Rathi vs ProStocks on Trading & Demat Account Opening Charges

Comparison of Anand Rathi with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Anand Rathi charges Rs 450 PA (Free for 1st year) AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Anand Rathi with ProStocks
Charges Anand Rathi ProStocks
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 450 PA (Free for 1st year) Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Anand Rathi vs ProStocks on Plan Options

Plans are the most important feature you look when compare Anand Rathi with ProStocks. This section compare on high level about type of plans offered by brokers. Multiple Plans - ProStocks provides Multiple Plans where Anand Rathi doesn't offer. Monthly Plans - ProStocks provides Monthly Plans where Anand Rathi doesn't offer

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

Account Opening

  Zerodha ProStocks
Account Opening Request
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Brokerage Charges

Compare Anand Rathi vs ProStocks on Brokerage Charges

Anand Rathi Brokerage Plan detail - Anand Rathi has a fixed percentage-based brokerage plan that charges a 0.02% to o.20% brokerage fee on trading in different segments.

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 Anand Rathi with ProStocks
Brokerage Charges Compare Anand Rathi ProStocks
Plan Name Classic Trading Plan (Percentage Based) Flat Fee Rs 15 Trading Plan
Equity Delivery 0.20% Free
Equity Intraday 0.02% Flat Fee Rs 15
Equity Futures 0.02% Flat Fee Rs 15
Equity Options Rs 50 per lot Flat Fee Rs 15
Currency Futures 0.02% Flat Fee Rs 15
Currency Options Rs 20 per lot Flat Fee Rs 15
Commodity Trading 0.02% NA
Minimum Brokerage NIL NA
Hidden Charges Info Not Available No
Funding Info Not Available No
Call & Trade Charges Free Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges NA Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Anand Rathi Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Anand Rathi vs ProStocks on Transaction Charges

Compare Anand Rathi with ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare Anand Rathi with ProStocks
Transaction Charges Compare Anand Rathi 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 anand-rathi-broker Complete Brokerage Plans for prostocks
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Account Features

Compare Anand Rathi vs ProStocks on Account Features

Compare Anand Rathi 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 - Anand Rathi offers a margin funding where ProStocks doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

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

Compare Anand Rathi vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Anand Rathi 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 Anand Rathi with ProStocks
Trading Platform Compare Anand Rathi ProStocks
Desktop Trading Platform OMNESYS NEST - Trade X Pro 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.anandrathi.com/Otn/Login/indexauth.jsp https://www.prostocksweb.com/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Trade Mobi Star ProStocks
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Trade Mobi Download Andriod Star ProStocks Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Trade Mobi Download iOS Star ProStocks Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Anand Rathi Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Anand Rathi Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Anand Rathi Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for anand-rathi-broker Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Anand Rathi vs ProStocks on User Rating

  Anand Rathi ProStocks
  2 Customer Reviews    Rate Anand Rathi 4 Customer Reviews    Rate ProStocks
Fees Ratings 3.5 4.5
Trading Brokerage Rating 3.0 4.5
Trading Platform Usability 3.0 4.5
Customer Service Ratings 3.5 4.0
Overall Ratings 3.0 4.5
Broker Rating Anand Rathi is Rated 3.0 / 5 based on 2 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare Anand Rathi vs ProStocks on Investment Offerings

Compare Anand Rathi 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 - Anand Rathi offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - Anand Rathi offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - Anand Rathi provide PMS Service where ProStocks doesn't offer

Investment Offerings - Compare Anand Rathi with ProStocks
Investment Offerings Compare Anand Rathi 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 Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Anand Rathi vs ProStocks on Order Types

Order Type - Compare Anand Rathi 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) - ProStocks provides Cover Orders (CO) where Anand Rathi doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - ProStocks provides Bracket Orders (BO) where Anand Rathi doesn't offer.With the name its cleare 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 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 Anand Rathi doesn't support Good Till Cancelled (GTC) orders.

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

Compare Anand Rathi vs ProStocks on Customer Service

Compare Anand Rathi 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 Anand Rathi with ProStocks
Customer Service Compare Anand Rathi ProStocks
24/7 Customer Service Anand Rathi vs ProStocks - 24x7 customer support No No
Email Support Anand Rathi vs ProStocks - Email Support Yes Yes
Onine Live Chat Anand Rathi vs ProStocks - Onine Live Chat Yes No
Phone Support Anand Rathi vs ProStocks - Phone Support Yes Yes
Toll Free Number Anand Rathi vs ProStocks - Toll Free Number Yes No
Through Branches Anand Rathi vs ProStocks - Through Branches Yes No
Customer Care Number Anand Rathi vs ProStocks - Customer Care Number 0291 710 5596/1800 420 1004 (toll-free) +91-2262-434343
Account Opening Process Anand Rathi vs ProStocks - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Anand Rathi vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Anand Rathi vs ProStocks - Knowledge Center/Education https://anandrathi.com/Inv_rathi_blog/ https://www.prostocks.com/faq.html
Head Office Address Anand Rathi vs ProStocks - Head Office Address/Corporate Address Info Not Available Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website Anand Rathi vs ProStocks - Company Website Info Not Available https://www.prostocks.com
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Tips/Research/Reports Published

Compare Anand Rathi vs ProStocks on Research Reports, Tips

Compare Anand Rathi with ProStocks on research reports and tips provided by the broker.

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

Compare Anand Rathi vs ProStocks on Demat Account

Compare Anand Rathi 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 Anand Rathi is ₹450 pa (Second year onwards). ProStocks is a better choice in terms of Demat AMC compare to Anand Rathi.

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 Anand Rathi is ₹15 + ₹5.50 CDSL charges 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 Anand Rathi with ProStocks
  Anand Rathi ProStocks
DP Source CDSL CDSL
DP ID Anand Rathi vs ProStocks - DP ID No 83200
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) Free (₹1000 Refundable Deposit)
Advance Deposit NIL 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹15 + ₹5.50 CDSL charges ₹20 per ISIN
Demat ₹3 per certificate + ₹35 courier charges ₹50 per set up + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) ₹50 per set up + ₹50 courier charges
Pledge Creation 0.01% of the value (Min ₹50) + CDSL charges ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure 0.01% of the value (Min ₹50) + CDSL charges ₹50
Pledge Closure Confirmation 0.01% of the value (Min ₹50) + CDSL charges Nil
Pledge Invocation 0.01% of the value (Min ₹50) + CDSL charges ₹50
Failed Instruction Charges ₹25 ₹50 per transaction
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Anand Rathi vs ProStocks on Special Offers and Promotion

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

Compare Anand Rathi vs ProStocks on Special Offers and Promotion
  Anand Rathi ProStocks
Pay In and Pay Out Options Anand Rathi vs ProStocks - Pay In and Pay Out Options Info Not Available 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 Anand Rathi vs ProStocks - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Anand Rathi vs ProStocks - Bank Supported and Charges Info Not Available Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail Info Not Available SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes

Read out the most important benefits or advantages of why choose Anand Rathi?

  • Online trading in equity, derivatives, currency, and commodity.
  • Mutual funds, FDs, NCDs, and portfolio management services (PMS).
  • Zero account opening charges.
  • Zero maintenance fee for the first year.
  • Trade X’Press+, TradeX’Pro, and Trade Mobi App with real-time charting.
  • Free Research: Fundamental & technical research, FNO, commodity, and currency research reports.
  • Investment Basket: A thematic investing product.
  • Equity SIP (E-SIP) facility to invest in shares.
  • Place after-market order (AMO).
  • Blog and knowledge center for beginners.
  • Loan against shares and Margin trading facility (MTF).
  • Free call & trade

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

There are some disadvantages or drawbacks also, here are the same;

  • Does not offer direct mutual funds.
  • No 3-in-1 account
  • A bit higher brokerage fee than other discount brokers.

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 Zerodha Account Now>> Open ProStocks Account Now>>

Last Updated on 2023-08-25T06:31:27+00:00