Compare 3 Brokers

ProStocks Vs Religare Broking: Which one is better?

The brokerage of ProStocks Max Rs 15 per trade while the brokerage of Religare Broking ranges between .05 to .5%. ProStocks is a Discount Broker where Religare Broking is a Full Service Broker. ProStocks is having overall higher rating compare to Religare Broking. ProStocks is rated 4 out of 5 where Religare Broking is rated only 3.5 out of 5.

Here we present side-by-side comparison of ProStocks vs Religare Broking 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 Religare Broking'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 ProStocks vs Religare Broking on Service

  ProStocks Compare
ProStocks
Religare Broking Compare
Religare Broking
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, MCX
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. Religare offers online investors the wide variety of tools and services they need to succeed, and for investors seeking guidance, Religare's massive branch office network, which offers reliable and personable relationships, help the broker to easily ...Know more about Religare Broking
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 Religare Broking. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare ProStocks vs Religare Broking on Trading & Demat Account Opening Charges

In this section we have compared ProStocks with Religare Broking on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks offer Free account opening where Religare Broking charges Rs 500 for account opeing. Demat AMC charges - ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account where Religare Broking charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ProStocks with Religare Broking
Charges ProStocks Religare Broking
Trading Account Opening Fees Free Rs 500
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 Religare Broking on Plan Options

Plans are the most important feature you look when compare ProStocks with Religare Broking. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks provide Multiple Plans where Religare Broking doesn't offer Monthlay Plans - ProStocks provide Monthly Plans where Religare Broking doesn't offer

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

Account Opening

  ProStocks Religare Broking
Account Opening Request
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Brokerage Charges

Compare ProStocks vs Religare Broking on Brokerage Charges

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.

Religare Broking Brokerage Plan detail - Basic Plan with Religare is % base and Advanced brokerage schemes with lower brokerage denomination is also available.

Brokerage Charges - Compare ProStocks with Religare Broking
Brokerage Charges Compare ProStocks Religare Broking
Plan Name Flat Fee Rs 15 Trading Plan Standard Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 15 0.5% or 50 paisa
Equity Intraday Flat Fee Rs 15 0.05% or 5 paisa
Equity Futures Flat Fee Rs 15 0.05% or 5 paisa
Equity Options Flat Fee Rs 15 Rs 70 Per Lot
Currency Futures Flat Fee Rs 15 0.05% or 5 paisa
Currency Options Flat Fee Rs 15 Rs 30 Per Lot
Commodity Trading NA 0.05% or 5 paisa
Minimum Brokerage NA 1p per share
Hidden Charges No Yes - Minimum Charges
Funding No Yes - 21% interest PA
Call & Trade Charges Rs 10 per executed order Rs 10 per order, Max rs 50 per segment per day
Brokerage Calculator Brokerage Calculator for ProStocks Brokerage Calculator for Religare Broking
SPAN Margin Calculator SPAN Margin Calculator for ProStocks SPAN Margin Calculator for Religare Broking
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Share Broker's Transaction Charges

Compare ProStocks vs Religare Broking on Transaction Charges

Compare ProStocks with Religare Broking on transaction charges and PCM fee by segment.

Transaction Charges - Compare ProStocks with Religare Broking
Transaction Charges Compare ProStocks Religare Broking
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 religare-broking
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Account Features

Compare ProStocks vs Religare Broking on Account Features

Compare ProStocks with Religare Broking 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 tradig. Margin Funding - ProStocks offers margin funding where Religare Broking doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - ProStocks with Religare Broking
Account Features Compare ProStocks Religare Broking
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 No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare ProStocks vs Religare Broking on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ProStocks and Religare Broking. 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 ProStocks with Religare Broking
Trading Platform Compare ProStocks Religare Broking
Desktop Trading Platform ProStocks,NSE NOW OdinDiet and Power FnO
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/ https://secure.religareonline.com/Login.aspx
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App ProStocks Mobile Religare Dynami
Mobile Trading App Demo Info Not Available Religare Dynami Demo
Android Mobile App Yes Yes
Android App Download Andriod ProStocks Mobile Download Andriod Religare Dynami Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ProStocks Mobile Download iOS Religare Dynami 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 Religare Broking
Futures Brokerage Calculator Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for Religare Broking
Options Brokerage Calculator Options Brokerage Calculator for ProStocks Options Brokerage Calculator for Religare Broking
Detail Detail on Trading Platforms for prostocks Detail on Trading Platforms for religare-broking

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Broker Ratings by Users

Compare ProStocks vs Religare Broking on User Rating

  ProStocks Religare Broking
  2 Customer Reviews    Rate ProStocks 55 Customer Reviews    Rate Religare Broking
Fees Ratings 4.5 3.2
Trading Brokerage Rating 4.5 3.2
Trading Platform Usability 4.0 3.1
Customer Service Ratings 3.5 2.9
Overall Ratings Rated 4.5 stars Rated 3.0 stars
Broker Rating ProStocks is Rated 4.5 / 5 based on 2 customer reviews Religare Broking is Rated 3.0 / 5 based on 55 customer reviews
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Investment Offerings

Compare ProStocks vs Religare Broking on Investment Offerings

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

Compare ProStocks vs Religare Broking on Order Types

Order Type - Compare ProStocks with Religare Broking 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) - both brokers don't have Bracket Orders (BO).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)- Religare Broking offers After market Ordres where ProStocks doesn't offers AMO. GTC Orders- Religare Broking offers Good Till Cancelled (GTC) orders where ProStocks doesn't support Good Till Cancelled (GTC) orders.

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

Compare ProStocks vs Religare Broking on Margin/Leverage

Comapre ProStocks with Religare Broking 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 ProStocks with Religare Broking
Margin Product Compare ProStocks Religare Broking
Equity Delivery Margin ProStocks vs Religare Broking - Equity Delivery Margin No Delivery margin. Upto 4x with Margin Funding
Equity Intraday Margin ProStocks vs Religare Broking - Equity Intraday Margin Up to 7x leverage for equity intraday. Upto 10x leverage for equity
Futures Margin ProStocks vs Religare Broking - Futures Margin Up to 1.5x leverage for equity future intraday. Upto 3x leverage for equity futures
Options Margin ProStocks vs Religare Broking - Options Margin Up to 1.5x for options selling, no leverage on options buying. Upto 3x for Opions Selling and no leverage on Options Buying
Equity CO Margin ProStocks vs Religare Broking - Equity CO Margin Up to 10x leverage for equity cover order. Info Not Available
Futures CO Margin ProStocks vs Religare Broking - Futures CO Margin Info Not Available Info Not Available
Options CO Margin ProStocks vs Religare Broking - Options CO Margin Info Not Available Info Not Available
Commodity Margin ProStocks vs Religare Broking - Commodity Margin Info Not Available Upto 3x on Intraday
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Customer Service Offered

Compare ProStocks vs Religare Broking on Customer Service

Compare ProStocks with Religare Broking 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 ProStocks with Religare Broking
Customer Service Compare ProStocks Religare Broking
24/7 Customer Service ProStocks vs Religare Broking - 24x7 customer support No No
Email Support ProStocks vs Religare Broking - Email Support Yes Yes
Onine Live Chat ProStocks vs Religare Broking - Onine Live Chat No No
Phone Support ProStocks vs Religare Broking - Phone Support Yes Yes
Toll Free Number ProStocks vs Religare Broking - Toll Free Number No No
Through Branches ProStocks vs Religare Broking - Through Branches No Yes
Customer Care Number ProStocks vs Religare Broking - Customer Care Number +91-2262-434343 18602588888
Account Opening Process ProStocks vs Religare Broking - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email ProStocks vs Religare Broking - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ProStocks vs Religare Broking - Knowledge Center/Education https://www.prostocks.com/faq.html http://www.religareonline.com/faq/passwords
Head Office Address ProStocks vs Religare Broking - Head Office Address/Corporate Address Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
Website ProStocks vs Religare Broking - Company Website https://www.prostocks.com http://www.religareonline.com
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Tips/Research/Reports Published

Compare ProStocks vs Religare Broking on Research Reports, Tips

Compare ProStocks with Religare Broking on research reports and tips provided by broker.

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

Compare ProStocks vs Religare Broking on Demat Account

Compare ProStocks with Religare Broking on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ProStocks with Religare Broking
  ProStocks Religare Broking
DP Source CDSL CDSL
DP ID ProStocks vs Religare Broking - DP ID 83200 30200
Demat Account Annual Maintenance Charges(AMC) Nil Rs.300/- per annum payable upfront for clients opting for digital statement OR Rs.400/- per annum payable upfront for client opting for physical statement. For Corporate Accounts CDSL charges will be additionally charged.
Advance Deposit 1000/- Refundable Deposit against charges Rs. 500/-
Statutory charges Nil NIL
Transaction Charges on Debit (Per ISIN) Rs.8/- + Rs 5.50/-(CDSL charges) per ISIN (1) Delivery given to Religare Pool A/C Rs. 15/-(Client with POA Religare), Rs.25/- (Client without POA Religare) (2) Any other Account- Rs. 30/- Per debit or 0.02% of the value of transaction whichever is higher
Demat Rs 50/- per set up + Rs 50/-courier charges Rs. 2/- per certificate + Rs.30/- Courier Charges
Remat Rs 50/- per set up + Rs 50/-courier Rs. 20/- per certificate + CDSL Charges+ Rs.30/- Courier Charges
Pledge Creation Rs 50/- per set up Rs. 50/- per request or 0.02% of the value of securities whichever is higher
Pledge Creation Confirmation Nil Rs. 50/- per request or 0.02% of the value of securities whichever is higher
Pledge Closure Rs 50/- per set up Rs. 50/- per request or 0.02% of the value of securities whichever is higher
Pledge Closure Confirmation Nil Rs. 50/- per request or 0.02% of the value of securities whichever is higher
Pledge Invocation Rs 50/- per set up Rs. 50/- per request or 0.02% of the value of securities whichever is higher
Failed Instruction Charges Failed transactions Rs 50/- per ISIN Nil
Other Charges NIL 1.Demat Rejection Charges Rs.30/- per rejection. 2. Delivery Instruction Booklet Rs.1/- per leaflet.

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Special Offers,Advantages,Disadvantages

Compare ProStocks vs Religare Broking on Special Offers and Promotion

Compare ProStocks with Religare Broking on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ProStocks vs Religare Broking on Special Offers and Promotion
  ProStocks Religare Broking
Pay In and Pay Out Options ProStocks vs Religare Broking - 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 funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Religare Mobile, Rligare Desktop and Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time ProStocks vs Religare Broking - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges ProStocks vs Religare Broking - Bank Supported and Charges Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms. 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
Likes
  • Lowest call and trade charges.
  • Simple and low-cost
  • Zero Demat Account AMC.
  • Paperless account opening process.
  • IVRS facilities for back-office and balance confirmation.
  • Strong back-office
  • No prop trading by broker.
  • Rs 0 PCM fee.

Detail Review...

  • Easy to understand Financial Reports.
  • Research tips through SMS, mails, website.

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 makes you uncomfortable.
  • Currently, the broker is not offering commodity trading and mutual fund investment options.
  • No extra tools for Options, Research.

Detail Review...

  • Call and trade is not free.
  • Minimum brokerage charged.
  • Not transparent in terms of other 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. - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.
Enquiry Enquire about ProStocks Enquire about Religare Broking

Last Updated on 2019-07-20T02:55:57+00:00







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