Prostocks Vs Tradejini : Side By Side Comparison

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

Both Prostocks and Tradejini come under Discount Broker category, hence they charge flat brokerage charges. However, Prostocks claim to have lowest Stamp duty charges and no proprietary trading desk.

But , there are lot of difference between these two brokers.

prostocks-vs-tradejini-1

 

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 Tradejini:

Parameters

Prostocks

Tradejini

Prostocks-Logo
tradejini-Logo
Review
Type of Broker
Discount Broker
Discount Broker
Incorporation Year
2016
2012
Supported Exchanges
NSE, BSE
NSE, BSE,MCX and MCX-SX

Account Related Charges

Trading Account Opening Fees
Rs 0
Rs 0
Trading Account AMC
Rs 0
Rs 0
Demat Account Opening Fees
Rs 0
Rs 300
Demat Account AMC
Rs 0
Rs 300

Brokerage Charges

Equity Delivery Brokerage
Rs 15 per executed order
Rs 20 per executed order
Equity Intraday Brokerage
Rs 15 per executed order
Rs 20 per executed order
Equity Futures Brokerage
Rs 15 per executed order
Rs 20 per executed order
Equity Options Brokerage
Rs 15 per executed order
Rs 20 per executed order
Currency Futures Trading Brokerage
Rs 15 per executed order
Rs 20 per executed order
Currency Options Trading Brokerage
Rs 15 per executed order
Rs 20 per executed order
Commodity Trading Brokerage
Rs 15 per executed order
Rs 20 per executed order
Minimum Brokerage Charges
NIL
NIL
Monthly Unlimited Plans
Brokerage Calculator
Prostocks Brokerage Calculator
Tradejini Brokerage Calculator

Transaction Charges

Equity Delivery
0.0035%
0.00325%
Equity Intraday
0.0035%
0.00325%
Equity Futures
0.0019%
0.00200%
Equity Options
0.05% (On Premium)
0.053% (On Premium)
Currency Futures
0.0009%
0.00135%
Currency Options
0.04% (On Premium)
0.044% (On Premium)
Commodity
NA
0.0036% for Non Agri & 0.00275% for Agri

Exposure

Equity
Upto 7 times Intraday and No Leverage for Delivery
Upto 20 times Intraday and No leverage for Delivery
Equity Futures
1.5 times for Intraday
upto 5 times
Equity Options
Upto 1.5 times
upto 2.5 times
Currency Futures
Upto 4 times intraday
NA
Currency Options
Upto 4 times intraday
NA
Commodities
Upto 4 times intraday
Upto 3 times for 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
NEST, NSE NOW and NSE Mobile App

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
  • Zero Account Opening Charges
open-account
open-account

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 Prostocks with other Brokers:

Prostocks in comparison with other Stock Brokers


Point By Point Comparison of Tradejini with other Brokers:

Tradejini in comparison with other Stock Brokers


 

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