FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

ProStocks Vs Alice Blue Vs Groww: Which one is better?

The brokerage of ProStocks ranges between Rs 15, the brokerage of Alice Blue ranges between Rs 15, while the brokerage of Groww ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for ProStocks is 4, Alice Blue is rated 4, Groww is rated 4 out of 5.

Here we present side-by-side comparison of ProStocks vs Alice Blue vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ProStocks vs Alice Blue vs Groww on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better ProStocks vs Alice Blue vs Groww in this setion with 360 degree view of broker information.

Compare ProStocks vs Alice Blue vs Groww on Service

  ProStocks Compare
ProStocks
Alice Blue Compare
Alice Blue
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... Know more about ProStocks Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders. Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... Know more about Groww
Broker Enquiry Request call back from Alice Blue Request call back from Zerodha Request call back from ProStocks
Expand

Account Opening Charges and AMC

Compare ProStocks vs Alice Blue vs Groww on Trading & Demat Account Opening Charges

In this section we have compared ProStocks vs Alice Blue vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) as AMC for Demat account, Alice Blue charges Rs 400 PA AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ProStocks vs Alice Blue vs Groww
Charges ProStocks Alice Blue Groww
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 0 (Rs 1000 Refundable Deposit) Rs 400 PA Free
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare ProStocks vs Alice Blue vs Groww on Plan Options

Plans are the most important feature you look when compare ProStocks vs Alice Blue vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks and Alice Blue offers Multiple Plans where Groww doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where Alice Blue and Groww doesn't offer.

Compare ProStocks vs Alice Blue vs Groww on Plan Options
Plan Types ProStocks Alice Blue Groww
Multiple Plans Yes Yes No
Monthly Plans Yes No No
Yearly Plans Yes No No
Expand

Account Opening Request

Account Opening

  Alice Blue Zerodha ProStocks
Account Opening Request
Expand

Brokerage Charges

Compare ProStocks vs Alice Blue vs Growwon Brokerage Charges

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare ProStocks vs Alice Blue vs Groww
Brokerage Charges Compare ProStocks Alice Blue Groww
Plan Name Flat Fee Rs 15 Trading Plan F15 Plan Flat Brokerage Plan
Equity Delivery Free Free 0.05% or Rs 20 whichever is lower
Equity Intraday Flat Fee Rs 15 0.05% or Rs 15 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 15 0.05% or Rs 15 whichever is lower Flat Fee Rs 20
Equity Options Flat Fee Rs 15 Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures Flat Fee Rs 15 0.05% or Rs 15 whichever is lower Not Available
Currency Options Flat Fee Rs 15 Flat Fee Rs 15 Not Available
Commodity Trading NA Flat Fee Rs 15 Not Available
Minimum Brokerage NA NA
Hidden Charges No No
Call & Trade Charges Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50 per order + GST Rs 50 Per Executable Order
Auto Square off Charges Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50 per order + GST Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for ProStocks Brokerage Calculator for Alice Blue Brokerage Calculator for Groww
Expand

Share Broker's Transaction Charges

Compare ProStocks vs Alice Blue vs Groww on Transaction Charges

Compare ProStocks vs Alice Blue vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare ProStocks vs Alice Blue vs Groww
Transaction Charges Compare ProStocks Alice Blue Groww
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for prostocks Complete Brokerage Plans for alice-blue Complete Brokerage Plans for groww
Expand

Account Features

Compare ProStocks vs Alice Blue vs Groww on Account Features

Compare ProStocks vs Alice Blue vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - Groww offers margin funding where ProStocks and Alice Blue doesn't offers margin funding. NRI Trading - ProStocks and Alice Blue offers NRI Trading where Groww doesn't offers NRI Trading.

Account Features - ProStocks vs Alice Blue vs Groww
Account Features Compare ProStocks Alice Blue Groww
3 in 1 Account No ProStocks have 2-in-1 account. Only Demate and Trading account. No ProStocks have 2-in-1 account. Only Demate and Trading account. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes No
SMS Alerts Yes No No
Online Demo Yes No No
Online Portfolio No No Yes
Margin Trading Funding Available No No Yes
Combined Ledger for Equity and Commodity No Yes No
Intraday Square-off Time 3:15PM 3:15 PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
Expand

Trading Platform

Compare ProStocks vs Alice Blue vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ProStocks vs Alice Blue vs Groww. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare ProStocks vs Alice Blue vs Groww
Trading Platform Compare ProStocks Alice Blue Groww
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.prostocksweb.com/

Yes

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Star ProStocks ANT Mobile Groww App
Mobile Trading App Demo Star ProStocks Demo ANT Mobile Demo Groww App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Star ProStocks Download Andriod ANT Mobile Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Star ProStocks Download iOS ANT Mobile Download iOS Groww App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ProStocks Equity Intraday and Delivery Brokerage Calculator for Alice Blue Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for ProStocks Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for prostocks Detail on Trading Platforms for alice-blue Detail on Trading Platforms for groww

Expand

Broker Ratings by Users

Compare ProStocks vs Alice Blue vs Groww on User Rating

  ProStocks Alice Blue Groww
  20 Customer Reviews    Rate ProStocks 20 Customer Reviews    Rate Alice Blue 20 Customer Reviews    Rate Groww
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating ProStocks is Rated 0.9 / 5 based on 20 customer reviews Alice Blue is Rated 0.9 / 5 based on 20 customer reviews Groww is Rated 1.7 / 5 based on 20 customer reviews
Expand

Investment Offerings

Compare ProStocks vs Alice Blue vs Groww on Investment Offerings

Compare ProStocks vs Alice Blue vs Groww on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Alice Blue offers Commodity Trading where ProStocks and Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - Alice Blue and Groww offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare ProStocks vs Alice Blue vs Groww
Investment Offerings Compare ProStocks Alice Blue Groww
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity No Yes No
Online IPO Application No No Yes
Mutual Funds No Yes Yes
Bond / NCD No No No
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex No No No
MF SIP Investment No Yes Yes
Equity SIP Investment No No No
PMS Service No No No
Other Investment Options NIL NIL NIL
Expand

Customer Service Offered

Compare ProStocks vs Alice Blue vs Groww on Customer Service

Compare ProStocks vs Alice Blue vs Groww on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare ProStocks vs Alice Blue vs Groww
Customer Service Compare ProStocks Alice Blue Groww
24/7 Customer Service No No No
Email Support Yes No Yes
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No Yes No
Customer Care Number +91-2262-434343 08035215000/080-45490850 9108800604
Account Opening Process Online/Paperless Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.prostocks.com/faq.html https://tradeschool.aliceblueonline.com/ https://groww.in/academy
Head Office Address Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://www.prostocks.com https://www.aliceblueonline.com https://groww.in/
Expand

Tips/Research/Reports Published

Compare ProStocks vs Alice Blue vs Groww on Research Reports, Tips

Compare ProStocks vs Alice Blue vs Groww on research reports and tips provided by broker.

Research Reports - Compare ProStocks vs Alice Blue vs Groww
  ProStocks Alice Blue Groww
Research Mutual Funds No No No
Research Equity Reports No No No
Research ETF No No No
Daily Market Report No Yes No
Free Tips No No No
Quarterly Result Analysis No No No
News Alerts No No No
Expand

Demat Account

Compare ProStocks vs Alice Blue vs Groww on Demat Account

Compare ProStocks vs Alice Blue vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ProStocks vs Alice Blue vs Groww
  ProStocks Alice Blue Groww
DP Source CDSL CDSL CDSL
DP ID 83200 85300 88700
Demat Account Annual Maintenance Charges(AMC) Free (₹1000 Refundable Deposit) ₹400 pa Zero
Advance Deposit 1000/- Refundable Deposit against charges Rs 0 Nil
Statutory charges Nil Rs 150 Stamp Charges Legal Charges
Transaction Charges on Debit (Per ISIN) ₹20 per ISIN 0.04% of the value of the transaction ₹8 + ₹5.50 CDSL charges
Demat ₹50 per set up + ₹50 courier charges ₹10 per certificate + ₹50 courier charges ₹150 per certificate + courier charges
Remat ₹50 per set up + ₹50 courier charges ₹30 per certificate + CDSL charges ₹150 per certificate + courier charges
Pledge Creation ₹50 ₹20 + CDSL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation Nil Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure ₹50 ₹20 + CDSL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation Nil Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation ₹50 ₹20 + CDSL charges ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges ₹50 per transaction Nil ₹50
Other Charges
Expand

Special Offers,Advantages,Disadvantages

Compare ProStocks vs Alice Blue vs Groww on Special Offers and Promotion

Compare ProStocks vs Alice Blue vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ProStocks vs Alice Blue vs Groww on Special Offers and Promotion
  ProStocks Alice Blue Groww
Likes
  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

Detail Review...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

Detail Review...

Dislikes
  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
Enquire for ProStocks Enquire for Alice Blue Enquire for Groww

Last Updated on