Prostocks Vs Sharekhan : Side By Side Comparison

In this page, I am providing side by side comparison of  Prostocks Vs Sharekhan.

Sharekhan is full service broker and provides many services to its clients. Both of these brokers offer research and recommendation to their customers.

Whereas Prostocks falls in Discount Broker category. Hence they offer limited services but charges flat brokerage charges. They claim to have lowest Stamp duty charges and no proprietary trading desk.

There are lot of differences between these two brokers.

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of  Prostocks Vs Sharekhan:

Parameters	Prostocks	Sharekhan
Review	Prostocks Review	Sharekhan Review
Type of Broker	Discount Broker	Full Service Broker
Incorporation Year	2016	2000
Supported Exchanges	NSE, BSE	NSE, BSE, NCD-EX, MCX and NSEL
Account Related Charges
Trading Account Opening Fees	Rs 0	Rs 750
Trading Account AMC	Rs 0	Rs 0
Demat Account Opening Fees	Rs 0	Rs 0
Demat Account AMC	Rs 0	Rs 400
Brokerage Charges
Equity Delivery Brokerage	Rs 15 per executed order	0.5%
Equity Intraday Brokerage	Rs 15 per executed order	0.1%
Equity Futures Brokerage	Rs 15 per executed order	0.1%
Equity Options Brokerage	Rs 15 per executed order	Rs 100/lot
Currency Futures Trading Brokerage	Rs 15 per executed order	0.1%
Currency Options Trading Brokerage	Rs 15 per executed order	Rs 30/lot
Commodity Trading Brokerage	Rs 15 per executed order	0.1%
Minimum Brokerage Charges	NIL	Rs 16 per Scrip
Monthly Unlimited Plans
Brokerage Calculator	Prostocks Brokerage Calculator	Sharekhan Brokerage Calculator
Transaction Charges
Equity Delivery	0.0035%	0.00325%
Equity Intraday	0.0035%	0.00325%
Equity Futures	0.0019%	0.00190%
Equity Options	0.05% (On Premium)	0.0500% (On Premium)
Currency Futures	0.0009%	0.00135%
Currency Options	0.04% (On Premium)	0.04220% (On Premium)
Commodity	NA	0.00230% ( Non Agri) & 0.00095% ( Agri)
Exposure
Equity	Upto 7 times Intraday and No Leverage for Delivery	Upto 10 times Intraday and 5 times Delivery
Equity Futures	1.5 times for Intraday	Upto 2 times Intraday
Equity Options	Upto 1.5 times	No Leverage
Currency Futures	Upto 4 times intraday	No Leverage
Currency Options	Upto 4 times intraday	No Leverage
Commodities	Upto 4 times intraday	Upto 2 times intraday
Features
3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform	Prostocks Desktop, Prostocks web and Prostocks Mobile	Trade Tiger, Sharekhan Mobile App and Sharekhan Mini
Investment Services
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Customer Service Channels
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers
Research Reports/Tips/Recommendations
Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory
Promotional Offers
	Zero Account Opening Charges	NIL

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of Sharekhan with other Brokers:

Point By Point Comparison of Prostocks with other Brokers:

You can compare any two stock brokers of your choice by visiting Comparison of Stock Brokers in India page