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Sushil Finance Vs ProStocks: Which one is better?

Both the brokers are registered with SEBI. Sushil Finance offers investmenet in Equity, F&O, Currency and Commodities, where ProStocks offers investment in Equity, F&O and Currency only. The brokerage of Sushil Finance Max .01 to .03 per trade while the brokerage of ProStocks ranges between Rs 15. Sushil Finance is a Full Service Broker where ProStocks is a Discount Broker. Sushil Finance is having overall lower rating compare to ProStocks. Sushil Finance is rated only 3 out of 5 where ProStocks is rated 4 out of 5. Number of active customer for ProStocks is 6,475 where number of active customer for Sushil Finance is . ProStocks is serving more customer compare to Sushil Finance.

Here we present side-by-side comparison of Sushil Finance 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 Sushil Finance 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 Sushil Finance 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 Sushil Finance 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 Sushil Finance vs ProStocks on Service

  Sushil Finance Compare
Sushil Finance
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 6,475
Broker Overview Sushil Finance is one of the oldest full-service brokers serving the industry since 1982. A complete range of products & service offerings including NRI trading, free account opening, cutting-edge trading platforms, insightful research, and robus... Know more about Sushil Finance 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 Sushil Finance vs ProStocks on Trading & Demat Account Opening Charges

Comparison of Sushil Finance with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Sushil Finance charges Rs 300 PA AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sushil Finance with ProStocks
Charges Sushil Finance ProStocks
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sushil Finance vs ProStocks on Plan Options

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

Compare Sushil Finance with ProStocks on Plan Options
Plan Types Sushil Finance 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 Sushil Finance vs ProStocks on Brokerage Charges

Sushil Finance Brokerage Plan detail - This is a standard plan by Sushil Finance. This is % based brokerage 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 Sushil Finance with ProStocks
Brokerage Charges Compare Sushil Finance ProStocks
Plan Name Basic Trading Plan (Percentage Based) Flat Fee Rs 15 Trading Plan
Equity Delivery 0.3% or 30 paisa Free
Equity Intraday 0.03% or 3 paisa Flat Fee Rs 15
Equity Futures 0.03% or 3 paisa Flat Fee Rs 15
Equity Options Rs 50 Per Lot Flat Fee Rs 15
Currency Futures 0.03% or 3 paisa Flat Fee Rs 15
Currency Options Rs 30 Per Lot Flat Fee Rs 15
Commodity Trading 0.03% or 3 paisa NA
Minimum Brokerage NIL NA
Hidden Charges Info Not Available No
Funding Info Not Available No
Call & Trade Charges NA 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 Sushil Finance Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Sushil Finance vs ProStocks on Transaction Charges

Compare Sushil Finance with ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare Sushil Finance with ProStocks
Transaction Charges Compare Sushil Finance 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 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for sushil-finance Complete Brokerage Plans for prostocks
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Account Features

Compare Sushil Finance vs ProStocks on Account Features

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

Account Features - Sushil Finance with ProStocks
Account Features Compare Sushil Finance ProStocks
3 in 1 Account No Sushil Finance have 2-in-1 account. Only Demate and Trading account. No Sushil Finance 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 Sushil Finance vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sushil Finance 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 Sushil Finance with ProStocks
Trading Platform Compare Sushil Finance ProStocks
Desktop Trading Platform Sushil Finance 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://itrading.sushilfinance.com/html5/ https://www.prostocksweb.com/
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Sushil Connect Star ProStocks
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Sushil Connect Download Andriod Star ProStocks Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sushil Connect 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 Sushil Finance Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Sushil Finance Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Sushil Finance Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for sushil-finance Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Sushil Finance vs ProStocks on User Rating

  Sushil Finance ProStocks
  1 Customer Reviews    Rate Sushil Finance 4 Customer Reviews    Rate ProStocks
Fees Ratings 4.0 4.5
Trading Brokerage Rating 5.0 4.5
Trading Platform Usability 4.0 4.5
Customer Service Ratings 5.0 4.0
Overall Ratings 4.0 4.5
Broker Rating Sushil Finance is Rated 4.0 / 5 based on 1 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare Sushil Finance vs ProStocks on Investment Offerings

Compare Sushil Finance 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 - Sushil Finance offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - Sushil Finance 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 Sushil Finance with ProStocks
Investment Offerings Compare Sushil Finance 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 No No
PMS Service No No
Other Investment Options Insurance NIL
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Order Types

Compare Sushil Finance vs ProStocks on Order Types

Order Type - Compare Sushil Finance 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 Sushil Finance 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 Sushil Finance 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 Sushil Finance doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Sushil Finance with ProStocks
Order Type Compare Sushil Finance 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 Sushil Finance vs ProStocks on Customer Service

Compare Sushil Finance 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 Sushil Finance with ProStocks
Customer Service Compare Sushil Finance ProStocks
24/7 Customer Service Sushil Finance vs ProStocks - 24x7 customer support No No
Email Support Sushil Finance vs ProStocks - Email Support Yes Yes
Onine Live Chat Sushil Finance vs ProStocks - Onine Live Chat No No
Phone Support Sushil Finance vs ProStocks - Phone Support Yes Yes
Toll Free Number Sushil Finance vs ProStocks - Toll Free Number No No
Through Branches Sushil Finance vs ProStocks - Through Branches Yes No
Customer Care Number Sushil Finance vs ProStocks - Customer Care Number +91-22-40778083/87/88 +91-2262-434343
Account Opening Process Sushil Finance vs ProStocks - Account Opening Process Instant & Paperless Online/Paperless
Customer Support Email Sushil Finance vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Sushil Finance vs ProStocks - Knowledge Center/Education https://www.sushilfinance.com/research/fundamental https://www.prostocks.com/faq.html
Head Office Address Sushil Finance vs ProStocks - Head Office Address/Corporate Address Info Not Available Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website Sushil Finance vs ProStocks - Company Website https://www.sushilfinance.com/ https://www.prostocks.com
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Tips/Research/Reports Published

Compare Sushil Finance vs ProStocks on Research Reports, Tips

Compare Sushil Finance with ProStocks on research reports and tips provided by the broker.

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

Compare Sushil Finance vs ProStocks on Demat Account

Compare Sushil Finance 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 Sushil Finance is ₹400 one time. ProStocks is a better choice in terms of Demat AMC compare to Sushil Finance.

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 Sushil Finance is 0.04% of the transaction value (Min ₹15) 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 Sushil Finance with ProStocks
  Sushil Finance ProStocks
DP Source CDSL CDSL
DP ID Sushil Finance vs ProStocks - DP ID No 83200
Demat Account Annual Maintenance Charges(AMC) ₹400 one time Free (₹1000 Refundable Deposit)
Advance Deposit INVESTOR- NIL ECONOMY-NIL CLASSIC-NIL NSEL-NIL PREMIUM-Rs3700 ( on closing of account Rs .3300 will be refunded) 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of the transaction value (Min ₹15) ₹20 per ISIN
Demat ₹10 per certificate + ₹75 request charges ₹50 per set up + ₹50 courier charges
Remat ₹35 per request ₹50 per set up + ₹50 courier charges
Pledge Creation ₹35 ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹35 ₹50
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil ₹50
Failed Instruction Charges Nil ₹50 per transaction
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Sushil Finance vs ProStocks on Special Offers and Promotion

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

Compare Sushil Finance vs ProStocks on Special Offers and Promotion
  Sushil Finance ProStocks
Pay In and Pay Out Options Sushil Finance 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 Sushil Finance vs ProStocks - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Sushil Finance 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
  • Trade on BSE, NSE, and MCX.
  • Trusted broker since 1982.
  • No account opening charges.
  • Web, app, and desktop-based trading platforms.
  • Equity research and recommendations.
  • Free call & trade.
  • Margin trading facility (MTF) and Loan against securities (LAS).
  • Robust offline presence with 375+ channel partners all over the country.

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
  • High brokerage fee on trading.
  • Average-rated trading platforms.
  • Poor customer support.

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 2023-08-21T03:44:10+00:00