ProStocks vs Anand Rathi Comparison: 2024
About ProStocks
Founded in 2016, ProStocks is the Online venture of Sunlight Broking LLP- one of India's top stock broking companies. It is known to offer convenient trading at economical rates. Being an online venture ProStocks prides itself in not indulging with any overhead costs like branch offices, Relationship managers and expensive advertisements in order to offer low-cost transactions and plans. ProStocks is the cheapest broker for unlimited trading plans which intends to start providing mutual fund services soon.
ProStocks: An Overview
It is a Mumbai-based company founded by SP Toshniwal (present CEO) and Saurabh Ranka which allows its clients to trade and invest in the companies listed on the BSE and NSE exchanges. It facilitates trading in segments like Equity cash, Derivative Trading, Currency trading and Intraday Equity. The 2-in-1 Demat and trading account feature makes transactions handy and convenient. They also offer NRI trading services with zero additional account fee and
About Anand Rathi
Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
Anand Rathi: An Overview
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
ProStocks vs Anand Rathi Account Opening Charges: 2024
| Charge | ProStocks | Anand Rathi |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹550 (One time) |
| Trading Acc Opening Charges | ₹0 | ₹750 (One time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹0 (with ₹1000 one time refundable deposit) | ₹299 from second year onward |
ProStocks vs Anand Rathi Brokerage Charges and Plans : 2024
| Charge | ProStocks | Anand Rathi |
|---|---|---|
| Plan Name | Unlimited Plan | Standard Plan |
| Equity Delivery | ₹0 | 0.5% - 0.15% |
| Equity Intraday | ₹0 | 0.05% -0.015% |
| Equity Futures | ₹0 | 0.05% -0.015% |
| Equity Options | ₹0 | ₹75 to ₹20 |
| Currency Futures | ₹0 | 0.05% -0.015% |
| Currency Options | ₹0 | ₹75 to ₹20 |
| Commodity Options | N/A | 0.008% - 0.05% |
| Mutual Fund | N/A | N/A |
ProStocks vs Anand Rathi Margin / Exposure: 2024
| Segment | ProStocks | Anand Rathi |
|---|---|---|
| Equity Delivery | 1x (no margin) | N/A |
| Equity Intraday | 7x (Margin intraday sq off) | N/A |
| Equity Future | 2x | N/A |
| Equity Options | 1x (no margin) | N/A |
| Currency Future | 1.5x | N/A |
| Currency Options | 1x (no margin) | N/A |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |