Top Stock Advisory
Ventura Securities vs. Prabhat Finance
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are Ventura Securities and Prabhat Finance. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Ventura Securities and Prabhat Finance.
Overview
Ventura Securities and Prabhat Finance are both public companies and both are full service broker as well. Sajid Malik co-founded Ventura Securities in 1994. And Prabhat Finance was founded in the year 1995 by Vinod Kumar Rathi. Ventura Securities's headquarters are in Mumbai, India and Prabhat Finance's headquarters are in KANPUR (U.P.).
Ventura Securities and Prabhat Finance both are full service broker as well. Ventura Securities is registered in BSE, NSE, MCX, while Prabhat Finance is registered in NA. The total branches of Ventura Securities are 35 and the Prabhat Finance branches are Nil.
| Overview | Ventura Securities | Prabhat Finance |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Public | Public |
| Headquarter | Mumbai, India | KANPUR (U.P.) |
| Founders | Sajid Malik | Vinod Kumar Rathi |
| Foundation Year | 1994 | 1995 |
| Supported Exchanges | BSE, NSE, MCX | NA |
| Total branches | 35 | Nil |
Ventura Securities and Prabhat Finance Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with Ventura Securities charging Free and Prabhat Finance charging Rs.100.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Ventura Securities Demat account is Free and for the Prabhat Finance Demat account is Free. The Trading AMC for Ventura Securities and Prabhat Finance is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Ventura Securities and Prabhat Finance is CDSL.
| Account Opening and Demat Charges | Ventura Securities | Prabhat Finance |
|---|---|---|
| Trading Account Opening Charges | Free | Rs.100 |
| Demat AMC (Annual Maintenance Charges) | Free | Free |
| Trading AMC (Annual Maintenance Charges) | Free | Rs.299 per Annum |
| Margin Money | Rs.1,000 | Minimum Rs.3,100 |
| Offline to Online Charges | Not applicable | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
Ventura Securities and Prabhat Finance Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Ventura Securities is 0.10% to 0.45%, while Prabhat Finance charges you 0.25%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Ventura Securities is 0.01% – 0.05% and for Prabhat Finance also, it is 0.03%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Ventura Securities charge 0.01% – 0.05% and Prabhat Finance charge 0.03% for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Ventura Securities charges Rs.18 – Rs.50 per lot, and Prabhat Finance charges Rs.25 per lot.
| Equity Brokerage Charges | Ventura Securities | Prabhat Finance |
|---|---|---|
| Equity Delivery Brokerage | 0.10% to 0.45% | 0.25% |
| Equity Intraday Brokerage | 0.01% – 0.05% | 0.03% |
| Equity Futures Brokerage | 0.01% – 0.05% | 0.03% |
| Equity Options Brokerage | Rs.18 – Rs.50 per lot | Rs.25 per lot |
Ventura Securities and Prabhat Finance Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Ventura Securities is 0.01% – 0.05% and for Prabhat Finance is 0.03%.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Ventura Securities charges Rs.18 – Rs.50 per lot for currency options, whereas Ventura Securities charges Rs.15 per Lot.
| Currency Brokerage Charges | Ventura Securities | Prabhat Finance |
|---|---|---|
| Currency Futures Brokerage | 0.01% – 0.05% | 0.03% |
| Currency Options Brokerage | Rs.18 – Rs.50 per lot | Rs.15 per Lot |
Ventura Securities and Prabhat Finance Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Ventura Securities charges 0.01% – 0.05% for commodity trading, while Prabhat Finance charges 0.03%.
| Commodity Brokerage Charges | Ventura Securities | Prabhat Finance |
|---|---|---|
| Commodity Options Brokerage | 0.01% – 0.05% | 0.03% |
Ventura Securities and Prabhat Finance Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Ventura Securities levies a minimum brokerage fee of As per Transaction, while Prabhat Finance charges Percentage of Transaction brokerage fee.
Transaction Brokerage Charges: Ventura Securities levies a transaction brokerage charge of 0.00380% of Total Turnover, while Prabhat Finance charges 0.00315%.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Ventura Securities is 0.0002% of Total Turnover and for Ventura Securities is 0.0002% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for Ventura Securities are 0.0126% of Total Turnover, while for Prabhat Finance, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Ventura Securities charges Nil and Prabhat Finance charges NA.
| Other Brokerage Charges | Ventura Securities | Prabhat Finance |
|---|---|---|
| Minimum Brokerage Charges | As per Transaction | Percentage of Transaction | Transaction Brokerage Charges | 0.00380% of Total Turnover | 0.00315% | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of Total Turnover | 0.0126% of Total Turnover | Call and Trade Charges | Nil | NA |
Ventura Securities and Prabhat Finance Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by Ventura Securities is up to Upto 15x and by Prabhat Finance it is up to Upto 3x.
Equity Intraday: Leverage for equity intraday by Ventura Securities is up to Upto 20x and by Prabhat Finance it is up to Upto 5x.
Equity Futures: Leverage for Equity Futures by Ventura Securities is up to Upto 12x and by Prabhat Finance it is up to Upto 3x.
Equity Options: Leverage for Equity Options by Ventura Securities is up to Upto 15x and by Prabhat Finance also, it is up to Upto 6x.
| Equity Leverage | Ventura Securities | Prabhat Finance |
|---|---|---|
| Equity Delivery | Upto 15x | Upto 3x | Equity Intraday | Upto 20x | Upto 5x | Equity Futures | Upto 12x | Upto 3x | Equity Options | Upto 15x | Upto 6x |
Ventura Securities and Prabhat Finance Currency Leverage
The currency futures leverage provided by Ventura Securities is up to Upto 10x, while for Prabhat Finance it is up to Upto 2x.
The currency options leverage provided by Ventura Securities is up to Upto 10x, while for Prabhat Finance it is up to Upto 1x.
| Currency Leverage | Ventura Securities | Prabhat Finance |
|---|---|---|
| Currency Futures | Upto 10x | Upto 2x | Currency Options | Upto 10x | Upto 1x |
Ventura Securities and Prabhat Finance Commodity Leverage
The commodity leverage provided by Ventura Securities is up to Upto 10x, while for Prabhat Finance it is up to Upto 3x.
| Commodity Leverage | Ventura Securities | Prabhat Finance |
|---|---|---|
| Commodity | Upto 10x | Upto 3x |
Ventura Securities and Prabhat Finance Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
| Offers | Ventura Securities | Prabhat Finance |
|---|---|---|
| Free Stock Trading Account | Yes | No | Free Demat Account | Yes | Yes | Flexible Plans | Yes | Yes | Brokerage Discounts | Yes | No | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | No | No | Referral Program | Yes | No | Zero Brokerage on Loss Trades | No | No |
Ventura Securities and Prabhat Finance Features
Equity Trading: Ventura Securities and Prabhat Finance brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: Ventura Securities and Prabhat Finance also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Ventura Securities and Prabhat Finance broker is that you can also invest in IPOs. Ventura Securities also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Ventura Securities offers trading exposure of up to Upto 20x, while Prabhat Finance gives up to Upto 5x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Ventura Securities and Prabhat Finance, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Ventura Securities and Prabhat Finance also allow you to trade in forex trading.
| Features | Ventura Securities | Prabhat Finance |
|---|---|---|
| Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
| Commodity Trading | Yes | Yes | IPO (Initial public offering) | Yes | Yes | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | Yes | No |
| Trading Institution | No | No | Trading Exposure | Upto 20x | Upto 5x | Mutual Funds | Yes | Yes | SIP (Systematic Investment Plan) | Yes | Yes | Forex Trading | No | No | Banking | No | No | Insurance | No | No |
Ventura Securities and Prabhat Finance Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Ventura Securities and Prabhat Finance offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
| Advisory Services | Ventura Securities | Prabhat Finance |
|---|---|---|
| Fundamental Reports | Yes | Yes |
| Research Reports | Yes | No |
| Company Reports | Yes | No |
| Annual Reports | No | No |
| Company Stock Review | Yes | No |
| Free Stock Tips | No | Yes |
| IPO Reports | Yes | Yes |
| Top Picks | No | Yes |
| Daily Market Review | No | Yes |
| Monthly Reports | Yes | Yes |
| Weekly reports | Yes | Yes |
| Offline Advisory | Yes | Yes |
| Relationship Manager | Yes | Yes |
Ventura Securities and Prabhat Finance Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Ventura Securities and Prabhat Finance offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
| Desktop Trading Platforms | Ventura Securities | Prabhat Finance |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | Yes |
| Desktop Browser | Yes | Yes |
Ventura Securities and Prabhat Finance Mobile Trading Platforms
Ventura Securities and Prabhat Finance offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Ventura Securities | Prabhat Finance |
|---|---|---|
| Mobile Browser | No | Yes |
| Android App | Yes | Yes |
| iOS App | Yes | Yes |
| Windows App | No | No |
| Other mobile os | No | No |
Ventura Securities and Prabhat Finance Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Ventura Securities and Prabhat Finance give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
| Customer Support Features | Ventura Securities | Prabhat Finance |
|---|---|---|
| Relationship Manager | Yes | Yes |
| Offline Trading | Yes | Yes |
| Online Trading | Yes | Yes |
| 24 * 7 Support | No | No |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 65 | 480 |
Ventura Securities and Prabhat Finance Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Ventura Securities and Prabhat Finance registered and resolved complaints.
For Ventura Securities, the Percentage of resolved BSE complaints is 77.34% and the Percentage of resolved NSE complaints is 91.03 %.
For Prabhat Finance, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.
We can say that Ventura Securities is better than Prabhat Finance in case of resolving customer complaints.
| BSE Complaints | Ventura Securities | Prabhat Finance |
|---|---|---|
| BSE Complaints | 128 | 1 |
| BSE Resolved Complaints | 99 | 1 |
| Percentage of resolved BSE complaints | 77.34% | 100.00 % |
| NSE Complaints | 156 | 5 |
| NSE Resolved Complaints | 142 | 5 |
| Percentage of resolved NSE complaints | 91.03 % | 100.00 % |
| BSE/NSE Complaint vs. Resolved Percentage | 84.18 % | 100.00 % |
Frequently Asked Questions
Is Ventura Securities better than Prabhat Finance?
Ventura Securities and Prabhat Finance are at the top among the best full service brokers. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Prabhat Finance better than Ventura Securities?
Prabhat Finance and Ventura Securities are at the top among the best full service brokers. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between Ventura Securities and Prabhat Finance?
Ventura Securities and operate as full-service brokers, generally resulting in higher brokerage charges compared to discount brokers. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, Ventura Securities and Prabhat Finance?
To figure out which of the two stockbrokers, Ventura Securities and Prabhat Finance, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Ventura Securities with other stock brokers
Visit the following pages to see a detailed comparision report of Ventura Securities with other brokerage firms.
Compare Prabhat Finance with other stock brokers
Visit the following pages to see a detailed comparision report of Prabhat Finance with other brokerage firms.