Prabhudas Lilladher vs Interactive Brokers Comparison: 2024
About Prabhudas Lilladher
Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.
PL India: Formation & Glimpse
Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?
That brings us to today’s topic, "Prabhudas Lilladher".
Let us start by answering the first question: Who is Prabhudas Lilladher?
Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.
But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.
The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.
Moreover, PL India is
About Interactive Brokers
Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!
A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.
Interactive Brokers: An Overview
Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.
Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.
In India, the
Prabhudas Lilladher vs Interactive Brokers Account Opening Charges: 2024
| Charge | Prabhudas Lilladher | Interactive Brokers |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹250, free for 1st year | ₹0 |
Prabhudas Lilladher vs Interactive Brokers Brokerage Charges and Plans : 2024
| Charge | Prabhudas Lilladher | Interactive Brokers |
|---|---|---|
| Plan Name | N/A | N/A |
| Equity Delivery | 0.2% | Minimum ₹6 and Upto ₹20 per executed order |
| Equity Intraday | 0.02% | Minimum ₹6 and Upto ₹20 per executed order |
| Equity Futures | 0.02% | Minimum ₹6 and Upto ₹20 per executed order |
| Equity Options | 0.02% | Minimum ₹6 and Upto ₹20 per executed order |
| Currency Futures | 0.02% to 0.01% | Minimum ₹6 and Upto ₹20 per executed order |
| Currency Options | ₹15 per Lot | Minimum ₹6 and Upto ₹20 per executed order |
| Commodity Options | 0.02% | N/A |
| Mutual Fund | N/A | N/A |
Prabhudas Lilladher vs Interactive Brokers Margin / Exposure: 2024
| Segment | Prabhudas Lilladher | Interactive Brokers |
|---|---|---|
| Equity Delivery | N/A | N/A |
| Equity Intraday | N/A | N/A |
| Equity Future | N/A | N/A |
| Equity Options | N/A | N/A |
| Currency Future | N/A | N/A |
| Currency Options | N/A | N/A |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |
Prabhudas Lilladher vs Interactive Brokers Currency Charges and Plans: 2024
Other Comparisons of Prabhudas Lilladher and Interactive Brokers
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