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Reliance 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 Reliance Securities Max 0.05 - 0.50% per trade while the brokerage of ProStocks ranges between Rs 15. Reliance Securities is a Full Service Broker where ProStocks is a Discount Broker. Reliance Securities is having overall lower rating compare to ProStocks. Reliance Securities is rated only 3.5 out of 5 where ProStocks is rated 4 out of 5. Number of active customer for Reliance Securities is 74,770 where number of active customer for ProStocks is 6,589. Reliance Securities is serving more customer compare to ProStocks.

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

  Reliance Securities Compare
Reliance 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 74,770 6,589
Broker Overview Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ... Know more about Reliance 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 Reliance Securities vs ProStocks on Trading & Demat Account Opening Charges

Comparison of Reliance Securities with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities with ProStocks
Charges Reliance Securities ProStocks
Trading Account Opening Fees Rs 950 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Reliance Securities vs ProStocks on Plan Options

Plans are the most important feature you look when compare Reliance Securities with ProStocks. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - ProStocks provides Monthly Plans where Reliance Securities doesn't offer

Compare Reliance Securities with ProStocks on Plan Options
Plan Types Reliance Securities ProStocks
Multiple Plans Yes 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 Reliance Securities vs ProStocks on Brokerage Charges

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

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 Reliance Securities with ProStocks
Brokerage Charges Compare Reliance Securities ProStocks
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) 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 0.05% Flat Fee Rs 15
Currency Options Rs 100 Per Lot Flat Fee Rs 15
Commodity Trading Future: 0.05%| Options: Rs 100 per lot NA
Minimum Brokerage 5 paise per share NA
Hidden Charges No No
Funding Yes - 18% interest PA No
Call & Trade Charges Rs 20 per call (Free First 20 call per month) Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Reliance Securities vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Reliance Securities with ProStocks
Transaction Charges Compare Reliance 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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for prostocks
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Account Features

Compare Reliance Securities vs ProStocks on Account Features

Compare Reliance Securities 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 - ProStocks offers Algo Trading where Reliance Securities doesn't offers Algo Trading. Margin Funding - Reliance Securities offers a margin funding where ProStocks doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Reliance Securities with ProStocks
Account Features Compare Reliance Securities ProStocks
3 in 1 Account No Reliance Securities have 2-in-1 account. Only Demate and Trading account. No Reliance 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 Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features Mobile Application: Rmobile Xpress NIL
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Trading Platform

Compare Reliance Securities vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance 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 Reliance Securities with ProStocks
Trading Platform Compare Reliance Securities ProStocks
Desktop Trading Platform InstaXpress 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 http://tick.rsec.co.in/ https://www.prostocksweb.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TICK PRO Star ProStocks
Mobile Trading App Demo TICK PRO Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod TICK PRO Download Andriod Star ProStocks Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS TICK PRO 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 Reliance Securities Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Reliance Securities vs ProStocks on User Rating

  Reliance Securities ProStocks
  52 Customer Reviews    Rate Reliance Securities 4 Customer Reviews    Rate ProStocks
Fees Ratings 3.5 4.5
Trading Brokerage Rating 3.4 4.5
Trading Platform Usability 3.3 4.5
Customer Service Ratings 3.4 4.0
Overall Ratings 3.4 4.5
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare Reliance Securities vs ProStocks on Investment Offerings

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

Investment Offerings - Compare Reliance Securities with ProStocks
Investment Offerings Compare Reliance Securities 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 Reliance Securities vs ProStocks on Order Types

Order Type - Compare Reliance 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- ProStocks offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Reliance Securities with ProStocks
Order Type Compare Reliance 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 No Yes
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Customer Service Offered

Compare Reliance Securities vs ProStocks on Customer Service

Compare Reliance 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 Reliance Securities with ProStocks
Customer Service Compare Reliance Securities ProStocks
24/7 Customer Service Reliance Securities vs ProStocks - 24x7 customer support No No
Email Support Reliance Securities vs ProStocks - Email Support Yes Yes
Onine Live Chat Reliance Securities vs ProStocks - Onine Live Chat Yes No
Phone Support Reliance Securities vs ProStocks - Phone Support Yes Yes
Toll Free Number Reliance Securities vs ProStocks - Toll Free Number Yes No
Through Branches Reliance Securities vs ProStocks - Through Branches Yes No
Customer Care Number Reliance Securities vs ProStocks - Customer Care Number 022 41596000 | 022 62436000 +91-2262-434343
Account Opening Process Reliance Securities vs ProStocks - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Reliance Securities vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Reliance Securities vs ProStocks - Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://www.prostocks.com/faq.html
Head Office Address Reliance Securities vs ProStocks - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website Reliance Securities vs ProStocks - Company Website https://www.reliancesmartmoney.com https://www.prostocks.com
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Tips/Research/Reports Published

Compare Reliance Securities vs ProStocks on Research Reports, Tips

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

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

Compare Reliance Securities vs ProStocks on Demat Account

Compare Reliance 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 Reliance Securities is ₹300 pa. ProStocks is a better choice in terms of Demat AMC compare to Reliance 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 Reliance Securities is 0.04% (Min ₹27) + 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 Reliance Securities with ProStocks
  Reliance Securities ProStocks
DP Source CDSL CDSL
DP ID Reliance Securities vs ProStocks - DP ID 41400 83200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Free (₹1000 Refundable Deposit)
Advance Deposit Nil 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹20 per ISIN
Demat ₹5 per certificate + ₹30 request charges ₹50 per set up + ₹50 courier charges
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹50 per set up + ₹50 courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹50
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹50
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹50
Failed Instruction Charges Nil ₹50 per transaction
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs ProStocks on Special Offers and Promotion

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

Compare Reliance Securities vs ProStocks on Special Offers and Promotion
  Reliance Securities ProStocks
Pay In and Pay Out Options Reliance Securities vs ProStocks - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
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 Reliance Securities vs ProStocks - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Reliance Securities 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 RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes
  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

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
  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 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 2023-09-13T01:50:30+00:00