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About SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Securities portal is the flagship trading platform of the company. It allows both Resident Indians a... 
About Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer <mark>unlimited Equity and Derivatives Trading at Rs 899 per month</mark> or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this pl...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.
| SBI Securities | Prostocks | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE |
| Year of Incorporation | 2001 | 2016 |
| Number of Branches | 117 | 1 |
| Open Prostocks Account |
SBI Securities trading account opening charges is Rs 0 while Prostocks account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 0 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).
| SBI Securities | Prostocks | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 0 | Rs 0 (Lifetime Zero AMC) |
SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.
| Account Type | SBI Securities Suvidha | Prostocks Flat Rate Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.50% | Rs 0 (Free) |
| Equity Intraday | Rs 20 per order | Rs 15 per executed order |
| Equity Futures | 0.05% | Rs 15 per executed order |
| Equity Options | Rs 50 per lot (sell and buy side) | Rs 15 per executed order |
| Currency Futures | Rs 20 per lot | Rs 15 per executed order |
| Currency Options | Rs 20 per lot | Rs 15 per executed order |
| Commodity Futures | 0.05% | NA |
| Commodity Options | Rs 50 (sell and buy side) | NA |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
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| SBI Securities | Prostocks | |
|---|---|---|
| Account Type | Suvidha | Unlimited Equity Trading Plan |
| Fixed Charges | Rs 899 | |
| Equity Delivery | 0.50% | Rs 0 |
| Equity Intraday | Rs 20 per order | Rs 0 |
| Equity Futures | 0.05% | Rs 0 |
| Equity Options | Rs 50 per lot (sell and buy side) | Rs 0 |
| Currency Futures | Rs 20 per lot | NA |
| Currency Options | Rs 20 per lot | NA |
| Commodity Futures | 0.05% | NA |
| Commodity Options | Rs 50 (sell and buy side) | NA |
| Open Prostocks Account |
| SBI Securities | Prostocks | |
|---|---|---|
| Account Type | Suvidha | Unlimited Currency Trading Plan |
| Fixed Charges | Rs 499 | |
| Equity Delivery | 0.50% | NA |
| Equity Intraday | Rs 20 per order | NA |
| Equity Futures | 0.05% | NA |
| Equity Options | Rs 50 per lot (sell and buy side) | NA |
| Currency Futures | Rs 20 per lot | Rs 0 |
| Currency Options | Rs 20 per lot | Rs 0 |
| Commodity Futures | 0.05% | NA |
| Commodity Options | Rs 50 (sell and buy side) | NA |
| Open Prostocks Account |
| Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | Rs 0 |
| Other Charges | ||
| Call & Trade Charges | Free | Rs 0 (Free) |
| Open Prostocks Account |
SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Prostocks margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| SBI Securities | Prostocks | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Prostocks Account |
The trading platforms offered SBI Securities include SBI Smart Web, SBI Smart Mobile. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.
| SBI Securities | Prostocks | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | SBI Smart Web, SBI Smart Mobile | ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API |
| Intraday Square-off Time | 2:45 PM | Equity 3:15 PM | Curr: 4:45 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Prostocks Account |
SBI Securities is rated of 5 based on 165 customer reviews whereas Prostocks is rated of 5 based on 42 customer reviews.
| SBI Securities | Prostocks | |
|---|---|---|
165 Customer Reviews  | 42 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform | |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating |  | |
| Broker Rating | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews | Prostocks is Rated 3.2 / 5 based on 42 customer reviews |
| SBI Securities | Prostocks | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
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| SBI Securities | Prostocks | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| SBI Securities | Prostocks | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Prostocks Account |
| SBI Securities | Prostocks | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| SBI Securities | Prostocks | |
|---|---|---|
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| Reviews | ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market. ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds. | |
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Prostocks Special OfferUnlimited Monthly Trading @ Rs 899
This is a limited-time offer. Open FREE Instant Demat Account and start trading today. |
| Open Prostocks Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Prostocks Account
