Compare 3 Brokers

ProStocks Vs Reliance Securities: Which one is better?

The brokerage of ProStocks Max Rs 15 per trade while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. ProStocks is a Discount Broker where Reliance Securities is a Full Service Broker. ProStocks is having overall higher rating compare to Reliance Securities. ProStocks is rated 4 out of 5 where Reliance Securities is rated only 3.5 out of 5.

Here we present side-by-side comparison of ProStocks vs Reliance Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared ProStocks vs Reliance Securities'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 ProStocks vs Reliance Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared ProStocks vs Reliance Securities'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 ProStocks vs Reliance Securities on Service

  ProStocks Compare
ProStocks
Reliance Securities Compare
Reliance Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? NSE,BSE BSE, NSE
Active Clients 1,25,472 4,430
Broker Overview ProStocks is a full-fledged online stock broker initiated by well-experienced market leaders to bring investment and trading services at the lowest possible cost without compromising on the quality of trade. From best in class research to competitive Brokerage Plan to exclusive reward Program, Reliance Securities earns the position of India's one of the best leading retail broking houses.
Broker Enquiry Open an Online Trading Account with ProStocks. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Reliance Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare ProStocks vs Reliance Securities on Trading & Demat Account Opening Charges

Comparison of ProStocks with Reliance Securities 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 - ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account where Reliance Securities charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ProStocks with Reliance Securities
Charges ProStocks Reliance Securities
Trading Account Opening Fees Free Rs 950
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 0 (Rs 1000 Refundable Deposit) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare ProStocks vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare ProStocks with Reliance Securities. 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 provide Monthly Plans where Reliance Securities doesn't offer

Compare ProStocks with Reliance Securities on Plan Options
Plan Types ProStocks Reliance Securities
Multiple Plans Yes Yes
Monthly Plans Yes No
Yearly Plans Yes No
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Account Opening Request

Account Opening

  ProStocks Reliance Securities
Account Opening Request
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Brokerage Charges

Compare ProStocks vs Reliance Securities on Brokerage Charges

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.

Reliance Securities Brokerage Plan detail - This is online plan from Reliance Security. Its fix brokerage plan where you dont need any dealer support.

Brokerage Charges - Compare ProStocks with Reliance Securities
Brokerage Charges Compare ProStocks Reliance Securities
Plan Name Flat Fee Rs 15 Trading Plan R-FIXED Online Trading Plan (Percentage Based)
Equity Delivery Free 0.4% or 40 paisa
Equity Intraday Flat Fee Rs 15 0.04% or 4 paisa
Equity Futures Flat Fee Rs 15 0.04% or 4 paisa
Equity Options Flat Fee Rs 15 Rs 100 Per Lot
Currency Futures Flat Fee Rs 15 0.04% or 4 paisa
Currency Options Flat Fee Rs 15 Rs 100 Per Lot
Commodity Trading NA 0.04% or 4 paisa
Minimum Brokerage NA 5 paise per share
Hidden Charges No No
Funding No Yes - 18% interest PA
Call & Trade Charges Delivery Rs 25, Intraday and F&O Rs 10 per executed order Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for ProStocks Brokerage Calculator for Reliance Securities
SPAN Margin Calculator SPAN Margin Calculator for ProStocks SPAN Margin Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare ProStocks vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare ProStocks with Reliance Securities
Transaction Charges Compare ProStocks Reliance Securities
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for prostocks Complete Brokerage Plans for reliance-securities
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Account Features

Compare ProStocks vs Reliance Securities on Account Features

Compare ProStocks with Reliance Securities 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 doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

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

Compare ProStocks vs Reliance Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ProStocks and Reliance Securities. 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 ProStocks with Reliance Securities
Trading Platform Compare ProStocks Reliance Securities
Desktop Trading Platform ProStocks,NSE NOW InstaXpress
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.prostocksweb.com/ http://tick.rsec.co.in/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ProStocks Mobile TICK PRO
Mobile Trading App Demo Info Not Available TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod ProStocks Mobile Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ProStocks Mobile Download iOS TICK PRO 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 ProStocks Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for ProStocks Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for prostocks Detail on Trading Platforms for reliance-securities
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare ProStocks vs Reliance Securities on User Rating

  ProStocks Reliance Securities
  2 Customer Reviews    Rate ProStocks 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 4.5 3.5
Trading Brokerage Rating 4.5 3.4
Trading Platform Usability 4.0 3.3
Customer Service Ratings 3.5 3.4
Overall Ratings Rated 4.5 stars Rated 3.4 stars
Broker Rating ProStocks is Rated 4.5 / 5 based on 2 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare ProStocks vs Reliance Securities on Investment Offerings

Compare ProStocks with Reliance Securities 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 provides PMS Service where ProStocks doesn't offer

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

Compare ProStocks vs Reliance Securities on Order Types

Order Type - Compare ProStocks with Reliance Securities 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) - Reliance Securities provides 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)- Reliance Securities offers After market orders where ProStocks doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare ProStocks with Reliance Securities
Order Type Compare ProStocks Reliance Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order No Yes
AMO-After Market Orders No Yes
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare ProStocks vs Reliance Securities on Margin/Leverage

Compare ProStocks with Reliance Securities on Exposure/Margin offered by the 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 ProStocks with Reliance Securities
Margin Product Compare ProStocks Reliance Securities
Equity Delivery Margin ProStocks vs Reliance Securities - Equity Delivery Margin No Delivery margin. Upto 4x via Margin Funding.
Equity Intraday Margin ProStocks vs Reliance Securities - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Upto 10x leverage for equity.
Futures Margin ProStocks vs Reliance Securities - Futures Margin 1x means actual SPAN + Exposure. Upto 2x leverage for futures.
Options Margin ProStocks vs Reliance Securities - Options Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin ProStocks vs Reliance Securities - Equity CO Margin Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin ProStocks vs Reliance Securities - Futures CO Margin 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order. Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin ProStocks vs Reliance Securities - Options CO Margin 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order. Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin ProStocks vs Reliance Securities - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Complete SPAN is required.
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Customer Service Offered

Compare ProStocks vs Reliance Securities on Customer Service

Compare ProStocks with Reliance Securities 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 ProStocks with Reliance Securities
Customer Service Compare ProStocks Reliance Securities
24/7 Customer Service ProStocks vs Reliance Securities - 24x7 customer support No No
Email Support ProStocks vs Reliance Securities - Email Support Yes Yes
Onine Live Chat ProStocks vs Reliance Securities - Onine Live Chat No Yes
Phone Support ProStocks vs Reliance Securities - Phone Support Yes Yes
Toll Free Number ProStocks vs Reliance Securities - Toll Free Number No Yes
Through Branches ProStocks vs Reliance Securities - Through Branches No Yes
Customer Care Number ProStocks vs Reliance Securities - Customer Care Number +91-2262-434343 022 39886000
Account Opening Process ProStocks vs Reliance Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email ProStocks vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ProStocks vs Reliance Securities - Knowledge Center/Education https://www.prostocks.com/faq.html https://www.5paisa.com/knowledge-centre
Head Office Address ProStocks vs Reliance Securities - Head Office Address/Corporate Address Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website ProStocks vs Reliance Securities - Company Website https://www.prostocks.com https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare ProStocks vs Reliance Securities on Research Reports, Tips

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

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

Compare ProStocks vs Reliance Securities on Demat Account

Compare ProStocks with Reliance Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare ProStocks with Reliance Securities
  ProStocks Reliance Securities
DP Source CDSL CDSL
DP ID ProStocks vs Reliance Securities - DP ID 83200 41400
Demat Account Annual Maintenance Charges(AMC) Free (₹1000 Refundable Deposit) ₹300 pa
Advance Deposit 1000/- Refundable Deposit against charges Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) Flat Fee for every transaction 0.04% (Min ₹27) + CDSL charges
Demat ₹50 per set up + ₹50 courier charges ₹5 per certificate + ₹30 request charges
Remat ₹50 per set up + ₹50 courier charges ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹50 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Closure ₹50 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Invocation ₹50 0.05% of transaction value (Min ₹30)
Failed Instruction Charges ₹50 per transaction Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare ProStocks vs Reliance Securities on Special Offers and Promotion

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

Compare ProStocks vs Reliance Securities on Special Offers and Promotion
  ProStocks Reliance Securities
Pay In and Pay Out Options ProStocks vs Reliance Securities - Pay In and Pay Out Options 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
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
Payout Time ProStocks vs Reliance Securities - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges ProStocks vs Reliance Securities - Bank Supported and Charges Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms. Info Not Available
Bank Detail SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes

Detail Review...

  • Big margin and option to pay within t+5 days.
  • Dedicated research team.
  • Site wide quote bar.

Detail Review...

Dislikes
  • Lower exposure compared to other discount brokers.
  • The trading platform is average, missing advance order types like Cover Order and Bracket Order in ProStocks App, Web, and Desktop.
  • Security on the trading platform is good, but change password in every 2 weeks is uncomfortable.
  • Currently, the broker is not offering commodity trading and mutual fund investment options.
  • No extra tools for options, research, etc.

Detail Review...

  • Commodity trading not available.
  • Not a 3 in 1 account.
  • Average customer service.
  • Lots of hidden charges.

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 Enquire about ProStocks Enquire about Reliance Securities

Last Updated on 2020-06-30T00:25:32+00:00


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