Trading Bells vs ProStocks Comparison: 2024
About Trading Bells
Tradingbells is an online discount brokerage firm, founded in the year of 2016, headquarter is in Indore, Madhya Pradesh. It is popular for its creative ideas, product and services which provides effortless trading experience to the investors. The firm has a presence in 80 different cities and 16 states throughout the nation.
A franchie of India Infoline (IIFL Securities Ltd.), the brokerage structure of a broking house is very simple and easy to understand. It provides customer assistance through phone, live chats, emails, branches and online feedback. Apart from this their referral program gives a chance to earn 10% of the brokerage generated by your first ten friends and 20% on beyond 10 friends. Tradingbells also offer free trades on their clients' birthdays (Terms & Conditions applied).
TradingBells Stock Broker: Products
With the membership of NSE, BSE, MCX-SX & NCDEX, ICEX, Tradingbells offers a broad variety of investment products including equities,
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
Trading Bells vs ProStocks Account Opening Charges: 2024
| Charge | Trading Bells | ProStocks |
|---|---|---|
| Demat Account Opening Charges | ₹150 | ₹0 |
| Trading Acc Opening Charges | ₹ 300 | ₹0 |
| Trading Account AMC | ₹ 0 | ₹0 |
| Demat Account AMC | ₹300 | ₹0 (with ₹1000 one time refundable deposit) |
Trading Bells vs ProStocks Brokerage Charges and Plans : 2024
| Charge | Trading Bells | ProStocks |
|---|---|---|
| Plan Name | N/A | Unlimited Plan |
| Equity Delivery | ₹ 0 | ₹0 |
| Equity Intraday | ₹ 20 per executed order | ₹0 |
| Equity Futures | ₹ 20 per executed order | ₹0 |
| Equity Options | ₹ 20 per executed order | ₹0 |
| Currency Futures | ₹ 20 per executed order | ₹0 |
| Currency Options | ₹ 20 per executed order | ₹0 |
| Commodity Options | ₹ 20 per executed order | N/A |
| Mutual Fund | N/A | N/A |
Trading Bells vs ProStocks Margin / Exposure: 2024
| Segment | Trading Bells | ProStocks |
|---|---|---|
| Equity Delivery | 1x | 1x (no margin) |
| Equity Intraday | Up to 10x for Most Scrips | 7x (Margin intraday sq off) |
| Equity Future | Intraday: 3x | Carry: 1x | 2x |
| Equity Options | 1x | 1x (no margin) |
| Currency Future | Intraday: 3x | Carry: 1x | 1.5x |
| Currency Options | Intraday: 3x | Carry: 1x | 1x (no margin) |
| Commodity Future | Intraday: 3x | Carry: 1x | N/A |
| Commodity Options | N/A | N/A |