FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Sharekhan Vs ProStocks Vs Alice Blue: Which one is better?

The brokerage of Sharekhan ranges between 0.1 to 0.5%, the brokerage of ProStocks ranges between Rs 15, while the brokerage of Alice Blue ranges between Rs 15. The broker ProStocks and Alice Blue are a discount brokers where Sharekhan is a full service broker. Overall rating for Sharekhan is 4, ProStocks is rated 4, Alice Blue is rated 4 out of 5.

Here we present side-by-side comparison of Sharekhan vs ProStocks vs Alice Blue stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Sharekhan vs ProStocks vs Alice Blue on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Sharekhan vs ProStocks vs Alice Blue in this setion with 360 degree view of broker information.

Compare Sharekhan vs ProStocks vs Alice Blue on Service

  Sharekhan Compare
Sharekhan
ProStocks Compare
ProStocks
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE BSE, NSE, MCX, NCDEX
Broker Overview Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation... Know more about Sharekhan 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 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.
Broker Enquiry Request call back from Sharekhan Request call back from Alice Blue Request call back from ProStocks
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Account Opening Charges and AMC

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

In this section we have compared Sharekhan vs ProStocks vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Free for 1st year)) as AMC for Demat account, ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan vs ProStocks vs Alice Blue
Charges Sharekhan ProStocks Alice Blue
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 PA (Free for 1st year)) Rs 0 (Rs 1000 Refundable Deposit) Rs 400 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Sharekhan vs ProStocks vs Alice Blue on Plan Options

Plans are the most important feature you look when compare Sharekhan vs ProStocks vs Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers offers Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - ProStocks offers Monthy Plans where Sharekhan and Alice Blue doesn't offer.

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

Account Opening

  Sharekhan Alice Blue ProStocks
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs ProStocks vs Alice Blueon Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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.

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.

Brokerage Charges - Compare Sharekhan vs ProStocks vs Alice Blue
Brokerage Charges Compare Sharekhan ProStocks Alice Blue
Plan Name Sharkehan Brokerage Plan Flat Fee Rs 15 Trading Plan F15 Plan
Equity Delivery 0.30% Free Free
Equity Intraday 0.02% Flat Fee Rs 15 0.05% or Rs 15 whichever is lower
Equity Futures 0.02% Flat Fee Rs 15 0.05% or Rs 15 whichever is lower
Equity Options Rs 20 per lot Flat Fee Rs 15 Flat Fee Rs 15
Currency Futures 0.02% Flat Fee Rs 15 0.05% or Rs 15 whichever is lower
Currency Options Rs 5 per lot Flat Fee Rs 15 Flat Fee Rs 15
Commodity Trading Rs 20 per lot NA Flat Fee Rs 15
Minimum Brokerage Rs 20 NA NA
Hidden Charges No No
Call & Trade Charges Free Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50 per order + GST
Auto Square off Charges Free Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for ProStocks Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare Sharekhan vs ProStocks vs Alice Blue on Transaction Charges

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

Transaction Charges - Compare Sharekhan vs ProStocks vs Alice Blue
Transaction Charges Compare Sharekhan ProStocks Alice Blue
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for prostocks Complete Brokerage Plans for alice-blue
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Account Features

Compare Sharekhan vs ProStocks vs Alice Blue on Account Features

Compare Sharekhan vs ProStocks vs Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - Sharekhan offers margin funding where ProStocks and Alice Blue doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

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

Compare Sharekhan vs ProStocks vs Alice Blueon Trading Platform

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

Trading Platform - Compare Sharekhan vs ProStocks vs Alice Blue
Trading Platform Compare Sharekhan ProStocks Alice Blue
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.sharekhan.com/

https://www.prostocksweb.com/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Sharekhan Star ProStocks ANT Mobile
Mobile Trading App Demo Sharekhan Demo Star ProStocks Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Sharekhan Download Andriod Star ProStocks Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Sharekhan Download iOS Star ProStocks Download iOS ANT Mobile Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for ProStocks Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for ProStocks Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for prostocks Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare Sharekhan vs ProStocks vs Alice Blue on User Rating

  Sharekhan ProStocks Alice Blue
  184 Customer Reviews    Rate Sharekhan 20 Customer Reviews    Rate ProStocks 20 Customer Reviews    Rate Alice Blue
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Sharekhan is Rated 3.6 / 5 based on 184 customer reviews ProStocks is Rated 0.9 / 5 based on 20 customer reviews Alice Blue is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare Sharekhan vs ProStocks vs Alice Blue on Investment Offerings

Compare Sharekhan vs ProStocks vs Alice Blue 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Sharekhan and Alice Blue offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Sharekhan and Alice Blue offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Sharekhan offers PMS facility where ProStocks and Alice Blue doesn't offers PMS facility.

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

Compare Sharekhan vs ProStocks vs Alice Blue on Order Types

Order Type - Compare Sharekhan vs ProStocks vs Alice Blue on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Sharekhan and ProStocks offers Good Till Cancelled (GTC) orders facility where Alice Blue doesn't provides GTC.

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

Compare Sharekhan vs ProStocks vs Alice Blue on Customer Service

Compare Sharekhan vs ProStocks vs Alice Blue on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Sharekhan vs ProStocks vs Alice Blue
Customer Service Compare Sharekhan ProStocks Alice Blue
24/7 Customer Service No No No
Email Support Yes Yes No
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No Yes
Customer Care Number 1800227500 +91-2262-434343 08035215000/080-45490850
Account Opening Process Offline Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.sharekhan.com/help/hello https://www.prostocks.com/faq.html https://tradeschool.aliceblueonline.com/
Head Office Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website https://www.sharekhan.com https://www.prostocks.com https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare Sharekhan vs ProStocks vs Alice Blue on Research Reports, Tips

Compare Sharekhan vs ProStocks vs Alice Blue on research reports and tips provided by broker.

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

Compare Sharekhan vs ProStocks vs Alice Blue on Demat Account

Compare Sharekhan vs ProStocks vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Sharekhan vs ProStocks vs Alice Blue
  Sharekhan ProStocks Alice Blue
DP Source CDSL CDSL CDSL
DP ID 36000 83200 85300
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free (₹1000 Refundable Deposit) ₹400 pa
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) 1000/- Refundable Deposit against charges Rs 0
Statutory charges Actual Stamp Paper Charges Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹20 per ISIN 0.04% of the value of the transaction
Demat ₹5 per certificate (Min 50 per request) ₹50 per set up + ₹50 courier charges ₹10 per certificate + ₹50 courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹50 per set up + ₹50 courier charges ₹30 per certificate + CDSL charges
Pledge Creation 0.03% (Min ₹100) ₹50 ₹20 + CDSL charges
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure Nil ₹50 ₹20 + CDSL charges
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation Nil ₹50 ₹20 + CDSL charges
Failed Instruction Charges Nil ₹50 per transaction Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs ProStocks vs Alice Blue on Special Offers and Promotion

Compare Sharekhan vs ProStocks vs Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Sharekhan vs ProStocks vs Alice Blue on Special Offers and Promotion
  Sharekhan ProStocks Alice Blue
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
Likes
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

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...

  • 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...

Dislikes
  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • 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...

  • 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...

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.
Enquire for Sharekhan Enquire for ProStocks Enquire for Alice Blue

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