Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.
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
Upstox, another name to be included in the list of fastest growing discount brokers in India. We wonder, how much longer the list of stock brokers in India will eventually get. Every other day you hear a lot of new entrants, or existing players modifying their strategies to survive and succeed in the stock broking world.
Uptstox, formerly known as RKSV Securites, is one of the biggest discount brokers in India, funded by the likes of Ratan Tata, Kalaari Capital and GVK Davix, making the firm a dependable and safe broker for all of your investment and trading needs. Based out of Mumbai, Upstox is a wide-range broker. This stock broking platform offers a huge range of trading products and services.
Using Upstox has huge advantages, especially for traders, given its plans and cheap brokerage despite volume. Also, Upstox also offers one of the quickest trading terminals, which, any trader could tell
Charge | Prabhudas Lilladher | Upstox |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹0 | ₹249 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹250, free for 1st year | ₹300 per year (paid monthly) |
Charge | Prabhudas Lilladher | Upstox |
---|---|---|
Plan Name | N/A | Basic |
Equity Delivery | 0.2% | ₹0 (FREE) |
Equity Intraday | 0.02% | ₹20 per trade or 0.05% (whichever is lower) |
Equity Futures | 0.02% | ₹20 per trade or 0.05% (whichever is lower) |
Equity Options | 0.02% | ₹20 per trade or 0.05% (whichever is lower) |
Currency Futures | 0.02% to 0.01% | ₹20 per trade or 0.05% (whichever is lower) |
Currency Options | ₹15 per Lot | ₹20 per trade or 0.05% (whichever is lower) |
Commodity Options | 0.02% | ₹20 per trade or 0.05% (whichever is lower) |
Mutual Fund | N/A | N/A |
Segment | Prabhudas Lilladher | Upstox |
---|---|---|
Equity Delivery | N/A | 1x (no margin) |
Equity Intraday | N/A | Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x |
Equity Future | N/A | Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x |
Equity Options | N/A | Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x |
Currency Future | N/A | Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x |
Currency Options | N/A | Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x |
Commodity Future | N/A | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
Commodity Options | N/A | N/A |