Compare 3 Brokers

Alice Blue Vs ProStocks: Which one is better?

The brokerage of Alice Blue Max Rs 20 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.

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.

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,MCX-SX,NCDEX NSE,BSE
Broker Overview From innovative tools to free trade opportunity to education and prioritizing customer service, Alice Blue, the cheapest stock broker provide clients everything they need and more to succeed in Indian share market. ProStocks is a pure online stock broking firm initiated by well experienced market leaders to bring investment and trading services at the lowest possible cost without compromising on quality of trade.
Broker Enquiry Open an Online Trading Account with ProStocks. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

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

In this section we have compared Alice Blue with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks offer Free account opening where Alice Blue charges Rs 310 for Equity and Rs 120 for Commodities for account opeing. Demat AMC charges - Alice Blue charges Free Lifetime AMC 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 Rs 310 for Equity and Rs 120 for Commodities Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Lifetime AMC Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
Expand

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 copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks provides Multiple Plans where Alice Blue doesn't offer Monthlay 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 No Yes
Monthly Plans No Yes
Yearly Plans No Yes
Expand

Account Opening Request

Account Opening

  Alice Blue ProStocks
Account Opening Request
Expand

Brokerage Charges

Compare Alice Blue vs ProStocks on Brokerage Charges

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 20 per Trade for Equity Intraday, Derivatives, Currency and Commodities.

ProStocks Brokerage Plan detail - Rs 15, trade in any segment, fix price, no worries of volume and size of trade.Lower then Zerodha and RKSV, higher from SAS Online, but NO PCM FEE.

Brokerage Charges - Compare Alice Blue with ProStocks
Brokerage Charges Compare Alice Blue ProStocks
Plan Name Max Rs 20 Trading Plan (F20) Flat Fee Rs 15 Trading Plan
Equity Delivery Free Flat Fee Rs 15
Equity Intraday 0.01% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures 0.01% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Options 0.01% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Futures 0.01% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options 0.01% or Rs 20 whichever is lower Flat Fee Rs 15
Commodity Trading 0.01% or Rs 20 whichever is lower NA
Minimum Brokerage NA NA
Hidden Charges No No
Funding Yes - 24% interest PA No
Call & Trade Charges Rs 20 per executed Order Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Alice Blue Brokerage Calculator for ProStocks
SPAN Margin Calculator SPAN Margin Calculator for Alice Blue SPAN Margin Calculator for ProStocks
Expand

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 Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 210 Per Cr Rs 190 Per Cr
Equity Options Rs 5500 Per Cr Rs 5000 Per Cr
Currency Futures Rs 150 Per Cr Rs 110 Per Cr
Currency Options Rs 4400 Per Cr Rs 4000 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
Expand

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 - Alice Blue offers Algo Trading where ProStocks doesn't offers Algo Trading. Margin Funding - ProStocks offers margin funding where Alice Blue doesn't offers margin funding. NRI Trading - both brokers 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 No
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio No No
Margin Trading Funding Available No Yes
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
Expand

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 link 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 ProStocks,NSE NOW
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 ProStocks Mobile
Mobile Trading App Demo ANT Mobile Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod ANT Mobile Download Andriod ProStocks Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ANT Mobile Download iOS ProStocks Mobile 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

Expand

Broker Ratings by Users

Compare Alice Blue vs ProStocks on User Rating

  Alice Blue ProStocks
  Customer Reviews    Rate Alice Blue 2 Customer Reviews    Rate ProStocks
Fees Ratings 4.5
Trading Brokerage Rating 4.5
Trading Platform Usability 4.0
Customer Service Ratings 3.5
Overall Ratings Rated 4.5 stars
Broker Rating ProStocks is Rated 4.5 / 5 based on 2 customer reviews
Expand

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 brokers 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 - both brokers don't offer online mutual fund investment option. 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 No No
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
Expand

Order Types

Compare Alice Blue vs ProStocks on Order Types

Order Type - Compare Alice Blue with ProStocks 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. 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) - Alice Blue provide Bracket Orders (BO) where ProStocks 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)- Alice Blue offers After Market Orders where ProStocks doesn't offers AMO. GTC Orders- both brokers doesn't support Good Till Cancelled (GTC) orders.

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

Margin/Leverage

Compare Alice Blue vs ProStocks on Margin/Leverage

Comapre Alice Blue with ProStocks on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Alice Blue with ProStocks
Margin Product Compare Alice Blue ProStocks
Equity Delivery Margin Alice Blue vs ProStocks - Equity Delivery Margin Up to 3x Margin on Equity Delivery with funding facility(24% PA Interest). No Delivery margin.
Equity Intraday Margin Alice Blue vs ProStocks - Equity Intraday Margin Up to 20x leverage for equity "A" category scripts and 10x for "B" category scripts. Up to 7x leverage for equity intraday.
Futures Margin Alice Blue vs ProStocks - Futures Margin Up to 10x leverage for equity future intraday (MIS). Up to 1.5x leverage for equity future intraday.
Options Margin Alice Blue vs ProStocks - Options Margin Up to 10x leverage for Index Options Selling and 3x for Index Buying. Up to 1.5x for options selling, no leverage on options buying.
Equity CO Margin Alice Blue vs ProStocks - Equity CO Margin No extra margin for Equity CO/BO. Up to 10x leverage for equity cover order.
Futures CO Margin Alice Blue vs ProStocks - Futures CO Margin Up to 20x leverage on equity futures CO/BO. Info Not Available
Options CO Margin Alice Blue vs ProStocks - Options CO Margin No special leverage of options cover orders. Info Not Available
Commodity Margin Alice Blue vs ProStocks - Commodity Margin Upto 10x on commodity MIS, and up to 20x for commodity CO/BO. Info Not Available
Expand

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 compare type of service offered by each broker for quick resoluation for queries/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 080-61575500/22174600 +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://www.aliceblueonline.com/alice-knowledge-base/ 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
Expand

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 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
Expand

Demat Account

Compare Alice Blue vs ProStocks on Demat Account

Compare Alice Blue with ProStocks on Demat Service and Charges. This section cover 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) Rs 0 (Free for life) Nil
Advance Deposit Rs 0 1000/- Refundable Deposit against charges
Statutory charges Rs 0, Rs 150 PoA Stamp Charges Included with account opening charges. Nil
Transaction Charges on Debit (Per ISIN) Rs 15 flat for every debit transaction Rs.8/- + Rs 5.50/-(CDSL charges) per ISIN
Demat Rs 10 per certificate + Rs 50 per request Rs 50/- per set up + Rs 50/-courier charges
Remat Rs 30 (Per certificate) + CDSL Charges Rs 50/- per set up + Rs 50/-courier
Pledge Creation Rs 20 + Rs 12 per request (CDSL Charges) Rs 50/- per set up
Pledge Creation Confirmation Nil Nil
Pledge Closure Rs 20 + Rs 12 per request (CDSL Charges) Rs 50/- per set up
Pledge Closure Confirmation Nil Nil
Pledge Invocation Rs 20 + Rs 12 per request (CDSL Charges) Rs 50/- per set up
Failed Instruction Charges Nil Failed transactions Rs 50/- per ISIN
Other Charges Nil NIL

Expand

Special Offers,Advantages,Disadvantages

Compare Alice Blue vs ProStocks on Special Offers and Promotion

Compare Alice Blue with ProStocks on general features, advantages, disadvantages, pay out 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
  • Low cost brokerage structure, no hidden charges.
  • Rs 20 trading plan for all segments and free delivery trading.
  • Free of cost trading platform.
  • After Market Order (AMO), Cover Order and Bracket Order are available on both web and mobile.

Detail Review...

  • Lowest call and trade charges.
  • Simple and low cost brokerage.
  • Industry's best tools and platforms.
  • Fully online account opening process.
  • IVRS facilities for backoffice and balance confirmation.
  • Strong back office support.
  • Best customer support.
  • Rs 0 PCM fee

Detail Review...

Dislikes
  • Alice Blue doesn't provide tips and recommendations.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to invest online in Mutual Funds.

Detail Review...

  • Not a 3 in 1 broker.
  • Doesn't provide trading in commodity, IPOs and Mutual Fund.

Detail Review...

Special Offers/Promo Free delivery Trading, Free Lifetime Demat AMC. 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 Enquire about ProStocks

Last Updated on 2019-06-27T00:43:21+00:00







Search topsharebrokers.com:

Translate topsharebrokers.com: