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SBICAP Securities Vs ProStocks: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O and Currency. The brokerage of SBICAP Securities Max .05 to 0.50% per trade while the brokerage of ProStocks ranges between Rs 15. SBICAP Securities is a Full Service Broker where ProStocks is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for SBICAP Securities is 8,30,820 where number of active customer for ProStocks is 6,475. SBICAP Securities is serving more customer compare to ProStocks.

Here we present side-by-side comparison of SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities vs ProStocks on Service

  SBICAP Securities Compare
SBICAP Securities
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? NSE, BSE NSE, BSE
Active Clients 8,30,820 6,475
Broker Overview Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP Securities 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 SBICAP Securities vs ProStocks on Trading & Demat Account Opening Charges

Comparison of SBICAP Securities with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks offer Free account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - SBICAP Securities charges Rs 500 PA AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities with ProStocks
Charges SBICAP Securities ProStocks
Trading Account Opening Fees Rs 850 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs ProStocks on Plan Options

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

Compare SBICAP Securities with ProStocks on Plan Options
Plan Types SBICAP Securities 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 SBICAP Securities vs ProStocks on Brokerage Charges

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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 SBICAP Securities with ProStocks
Brokerage Charges Compare SBICAP Securities ProStocks
Plan Name Standard or default brokerage plan Flat Fee Rs 15 Trading Plan
Equity Delivery 0.50% Free
Equity Intraday 0.05% Flat Fee Rs 15
Equity Futures 0.05% Flat Fee Rs 15
Equity Options Rs 100 Per Lot Flat Fee Rs 15
Currency Futures 0.03% Flat Fee Rs 15
Currency Options Rs 30 Per Lot Flat Fee Rs 15
Commodity Trading Rs. 100 per lot NA
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future NA
Hidden Charges Info Not Available No
Funding Yes - 24% interest PA No
Call & Trade Charges Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare SBICAP Securities vs ProStocks on Transaction Charges

Compare SBICAP Securities with ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare SBICAP Securities with ProStocks
Transaction Charges Compare SBICAP Securities 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 NA NA
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for prostocks
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Account Features

Compare SBICAP Securities vs ProStocks on Account Features

Compare SBICAP Securities with ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where ProStocks offers only 2-in-1 account which includes trading and demat account. Algo Trading - ProStocks offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Both broker provides NRI Trading facility.

Account Features - SBICAP Securities with ProStocks
Account Features Compare SBICAP Securities ProStocks
3 in 1 Account Yes, SBICAP Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No SBICAP Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features Trading software terminal: ODIN Diet NIL
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Trading Platform

Compare SBICAP Securities vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities 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 SBICAP Securities with ProStocks
Trading Platform Compare SBICAP Securities ProStocks
Desktop Trading Platform SBISMART XPRESS - NextTrader Star ProStocks
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login1.sbismart.com/nidp/app/login https://www.prostocksweb.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App SBISMART Star ProStocks
Mobile Trading App Demo SBISMART Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod SBISMART Download Andriod Star ProStocks Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SBISMART 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 SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare SBICAP Securities vs ProStocks on User Rating

  SBICAP Securities ProStocks
  78 Customer Reviews    Rate SBICAP Securities 4 Customer Reviews    Rate ProStocks
Fees Ratings 3.3 4.5
Trading Brokerage Rating 3.1 4.5
Trading Platform Usability 2.8 4.5
Customer Service Ratings 2.7 4.0
Overall Ratings 2.7 4.5
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare SBICAP Securities vs ProStocks on Investment Offerings

Compare SBICAP Securities 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 - Both broker don't offers Commodity Trading (MCX). Online Mutual Fund Investment - SBICAP Securities 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 SBICAP Securities with ProStocks
Investment Offerings Compare SBICAP Securities ProStocks
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No No
Online IPO Application Yes No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes 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 SBICAP Securities vs ProStocks on Order Types

Order Type - Compare SBICAP Securities 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- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare SBICAP Securities with ProStocks
Order Type Compare SBICAP Securities 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 Yes Yes
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Customer Service Offered

Compare SBICAP Securities vs ProStocks on Customer Service

Compare SBICAP Securities 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 SBICAP Securities with ProStocks
Customer Service Compare SBICAP Securities ProStocks
24/7 Customer Service SBICAP Securities vs ProStocks - 24x7 customer support No No
Email Support SBICAP Securities vs ProStocks - Email Support Yes Yes
Onine Live Chat SBICAP Securities vs ProStocks - Onine Live Chat No No
Phone Support SBICAP Securities vs ProStocks - Phone Support Yes Yes
Toll Free Number SBICAP Securities vs ProStocks - Toll Free Number Yes No
Through Branches SBICAP Securities vs ProStocks - Through Branches Yes No
Customer Care Number SBICAP Securities vs ProStocks - Customer Care Number 022 6854 5555 +91-2262-434343
Account Opening Process SBICAP Securities vs ProStocks - Account Opening Process Offline Online/Paperless
Customer Support Email SBICAP Securities vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SBICAP Securities vs ProStocks - Knowledge Center/Education https://www.sbismart.com/education https://www.prostocks.com/faq.html
Head Office Address SBICAP Securities vs ProStocks - Head Office Address/Corporate Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website SBICAP Securities vs ProStocks - Company Website https://www.sbismart.com https://www.prostocks.com
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Tips/Research/Reports Published

Compare SBICAP Securities vs ProStocks on Research Reports, Tips

Compare SBICAP Securities with ProStocks on research reports and tips provided by the broker.

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

Compare SBICAP Securities vs ProStocks on Demat Account

Compare SBICAP Securities 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 SBICAP Securities is ₹500. ProStocks is a better choice in terms of Demat AMC compare to SBICAP Securities.

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 SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) 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 SBICAP Securities with ProStocks
  SBICAP Securities ProStocks
DP Source CDSL CDSL
DP ID SBICAP Securities vs ProStocks - DP ID 19300 83200
Demat Account Annual Maintenance Charges(AMC) ₹500 Free (₹1000 Refundable Deposit)
Advance Deposit 0 for all 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹20 per ISIN
Demat ₹5 per certificate + ₹35 courier charges ₹50 per set up + ₹50 courier charges
Remat ₹35 per certificate + CDSL Charges ₹50 per set up + ₹50 courier charges
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹50
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹50
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹50
Failed Instruction Charges ₹10 ₹50 per transaction
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs ProStocks on Special Offers and Promotion

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

Compare SBICAP Securities vs ProStocks on Special Offers and Promotion
  SBICAP Securities ProStocks
Pay In and Pay Out Options SBICAP Securities 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 SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART 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 SBICAP Securities vs ProStocks - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges SBICAP Securities vs ProStocks - Bank Supported and Charges Direct to SBI Bank. Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail Direct to SBI bank account SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes
  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

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
  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

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 2023-09-13T02:35:55+00:00