ProStocks vs Prabhudas Lilladher 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 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
ProStocks vs Prabhudas Lilladher Account Opening Charges: 2024
| Charge | ProStocks | Prabhudas Lilladher |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹0 (with ₹1000 one time refundable deposit) | ₹250, free for 1st year |
ProStocks vs Prabhudas Lilladher Brokerage Charges and Plans : 2024
| Charge | ProStocks | Prabhudas Lilladher |
|---|---|---|
| Plan Name | Unlimited Plan | N/A |
| Equity Delivery | ₹0 | 0.2% |
| Equity Intraday | ₹0 | 0.02% |
| Equity Futures | ₹0 | 0.02% |
| Equity Options | ₹0 | 0.02% |
| Currency Futures | ₹0 | 0.02% to 0.01% |
| Currency Options | ₹0 | ₹15 per Lot |
| Commodity Options | N/A | 0.02% |
| Mutual Fund | N/A | N/A |
ProStocks vs Prabhudas Lilladher Margin / Exposure: 2024
| Segment | ProStocks | Prabhudas Lilladher |
|---|---|---|
| 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 |