ProStocksSEBI INZ000048660
- Account opening
- ₹0
- Demat AMC
- ₹0 (₹1,000 deposit)
- SME IPOs
- Not stated
- Delivery brokerage
- ₹0
- Cost to sell ₹15,000 of IPO shares
- ₹23.60Brokerage and DP with GST, ours
TradejiniSEBI INZ000160938
- Account opening
- ₹0
- Demat AMC
- Not stated
- SME IPOs
- Not stated
- Delivery brokerage
- ₹20/order
- Cost to sell ₹15,000 of IPO shares
- Not publishedBrokerage and DP with GST, ours
Where ProStocks and Tradejini differ
6 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | ProStocks | Tradejini |
|---|---|---|
| One mainboard lot, ₹15,000Brokerage ₹23.60 less at ProStocks; a DP charge is not published | ₹23.60 | ₹23.60 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Brokerage ₹23.60 less at ProStocks; a DP charge is not published | ₹23.60 | ₹23.60 brokerage; DP charge not published |
| A year: 12 mainboard lots soldBrokerage ₹283.20 less at ProStocks; a DP charge is not published | ₹283.20 | ₹283.20 brokerage; DP charge not published |
Ours: brokerage and DP charge with 18% GST. STT and exchange charges are equal everywhere, so they are left out. SME bids are two lots.
- Account opening: No fee listed at ProStocks, Free online at Tradejini.
- Demat maintenance (AMC): None at ProStocks, not stated at Tradejini.
- Equity delivery brokerage: ₹0 at ProStocks, ₹20 per order at Tradejini.
- DP charge on selling shares: ₹20 per scrip plus 18% GST at ProStocks, not stated at Tradejini.
- Mainboard IPOs: not stated at ProStocks, Yes, ₹0 commission at Tradejini.
The same at both: sME IPOs.
ProStocks vs Tradejini: charges side by side
Differs 6 of 7 charges differ between ProStocks and Tradejini. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | ProStocks | Tradejini |
|---|---|---|
| Open an account | ||
| Account opening | No fee listed (online application) | Free online |
| Demat maintenance (AMC) | None; ₹1,000 refundable demat deposit | Not stated on the pages we checked |
| Apply for IPOs | ||
| Mainboard IPOs | Not stated on the pages we checked | Yes, ₹0 commission |
| SME IPOs | Not stated on the pages we checked | Not stated on the pages we checked |
| Sell your IPO shares | ||
| Equity delivery brokerage | ₹0 (flat fee plan) | ₹20 per order |
| DP charge on selling shares | ₹20 per scrip plus 18% GST | Not stated on the pages we checked |
| Registration | ||
| SEBI registration | INZ000048660 | INZ000160938 |
For other trading, equity intraday, Futures and Call and trade differ too. Intraday, futures, call and trade and margin charges are on the ProStocks and Tradejini pages.
ProStocks and Tradejini strengths and things worth checking
ProStocks
Strengths
- ₹0 delivery brokerage
- No AMC
- Cheap dealer orders
Worth checking
- Refundable deposit
₹1,000 demat deposit.
- IPO access not stated
The pricing page does not mention IPO applications.
Tradejini
Strengths
- Flat ₹20
- IPOs free
Worth checking
- AMC and DP charge not on the list of charges
Check them before you open an account.
Brokerage calculator: ProStocks vs Tradejini
| Charge | ProStocks | Tradejini |
|---|
Ours, with NSE rates. Change the trade to see what ProStocks and Tradejini would each charge.
Other comparisons
Every comparison with ProStocks or Tradejini, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, ProStocks or Tradejini?
Tradejini does not publish its DP charge, so the full cost of selling IPO shares cannot be compared. On brokerage alone, one mainboard lot (₹15,000) costs ₹23.60 less at ProStocks (our calculation). For two SME lots worth ₹2,50,000: ProStocks ₹23.60, Tradejini ₹23.60 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between ProStocks and Tradejini be over a year?
Not in full, because Tradejini does not publish its DP charge. On brokerage alone, 12 mainboard lots of ₹15,000 cost ₹283.20 less at ProStocks (our calculation).
Can I apply for SME IPOs on ProStocks and Tradejini?
Neither says clearly on its pages that SME IPOs can be applied for.
Is account opening free at ProStocks and Tradejini?
ProStocks: No fee listed. Tradejini: Free online.
What is the demat AMC at ProStocks and Tradejini?
ProStocks: None. Tradejini: not stated.