RMoney Vs Prostocks
RMoney
RMoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
RMoney Vs Prostocks - Broker Details
| RMoney | Prostocks | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 2016 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE |
| Branches | 300+ | 2 |
| Brokerage | ₹9/Order | ₹15/ Order |
| Broker Type | Full Service Broker | Discount Broker |
RMoney Vs Prostocks - Account Opening & AMC Charges
| RMoney | Prostocks | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹299( From 2nd year onwards) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
RMoney Vs Prostocks - Brokerage charges & Plans
| RMoney | Prostocks | |
|---|---|---|
| Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Equity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Currency Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Fixed Charges | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Equity Intraday | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
RMoney Vs Prostocks - Other Charges
| RMoney | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | ₹1500/Monthly | ₹1000/Month |
| Call & Trade Charges | ₹18/Order | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | ₹9/Order | ₹15/ Order |
| Minimum Brokerage | ₹9/Order | ₹15/ Order |
RMoney Vs Prostocks - Transaction Charges
| RMoney | Prostocks | |
|---|---|---|
| Currency Options | NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) | NSE ₹4,000/Cr | BSE ₹100/Cr |
| Equity Futures | NSE ₹260/Cr | BSE ₹70/Cr (0.007%) | NSE ₹200/Cr | BSE ₹50/Cr |
| Equity Intraday | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | NSE ₹345/Cr | BSE ₹345/Cr |
| Equity Options | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) | NSE ₹5,300/Cr | BSE ₹2,500/Cr |
| Commodity | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) | N/A |
| Currency Futures | NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) | NSE ₹90/Cr | BSE ₹22/Cr |
| Equity Delivery | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | NSE ₹345/Cr | BSE ₹345/Cr |
RMoney Vs Prostocks - Margin (Exposure)
| RMoney | Prostocks | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
RMoney Vs Prostocks - Features
| RMoney | Prostocks | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM | Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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RMoney Vs Prostocks - Review & Rating
| RMoney | Prostocks | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
RMoney Vs Prostocks - Request a call back from Broker
| RMoney | Prostocks | |
|---|---|---|
RMoney Vs Prostocks - Investment Options
| RMoney | Prostocks | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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RMoney Vs Prostocks - Order Type
| RMoney | Prostocks | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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RMoney Vs Prostocks - Research & Report
| RMoney | Prostocks | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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RMoney Vs Prostocks - Daily Market Report
| RMoney | Prostocks | |
|---|---|---|
| Daily Market Reports & News |
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RMoney Vs Prostocks - Suitable For Investor
| RMoney | Prostocks | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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RMoney Vs Prostocks - Pros & Cons
| RMoney | Prostocks | |
|---|---|---|
| Pros | 1.Single platform for all your financial needs. 2. Trade at a low brokerage of Rs.9/- per executed order irrespective of the trade size across segments (Equity, F&O, and Currencies) 3.You can trade at BSE, NSE, MCX, and NCDEX 4.First year Demat AMC is free for all its account holders | 1.The Demat account opens with ₹0 AMC on paying a one-time refundable deposit of ₹1000. 2. It charges low transaction charge. 3. It provides the online IPO application facility. 4. It provides the best and fully functional trading platforms in the industry. 5. It provides exceptionally the best customer services. 6. It provides 24*7 customer service by using the Advance Interactive Voice Response. |
| Cons | 1.RMoney Demat debit transaction charges are ₹12 + gst per script. Most other discount brokers charge flat ₹8 per transaction. 2.Its not provide 3 in 1 account. 3. It charges Annual Maintenance Charge. | 1. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility. 3.Average Customer Service. |
RMoney Vs Prostocks - Background
| RMoney | Prostocks | |
|---|---|---|
RMoney Vs Prostocks - Compare All Brokers
| RMoney | Prostocks | |
|---|---|---|
RMoney Vs Prostocks - STT/CTT
| RMoney | Prostocks | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
RMoney Vs Prostocks - Demat transaction charges
| RMoney | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹15 + Gst per scrip per day only on sell |
RMoney Vs Prostocks - GST
| RMoney | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
RMoney Vs Prostocks - SEBI Charges
| RMoney | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
RMoney Vs Prostocks - Account Opening & AMC Charges
RMoney
Prostocks
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹299( From 2nd year onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
RMoney Vs Prostocks
| RMoney | Prostocks | |
|---|---|---|
Raghunandan Money (RMoney) Review‘Investment Khushiyon Ka’ is a tagline of Raghunandan Money (RMoney) signifies that customer’s progress and happiness is the top most priority of the company. This is a very diversified broker offers a wide range of investment options to choose. RMoney acts as a mediator between the customer and .. + " Vs "+ Prostocks |
ProStocks Review | Brokerage Charges, Account OpeningProstocks is the Mumbai-based online stock broker that was incorporated in 2016. And It is a complete online broking company that offers convenient trading at the very economical rates. Prostocks review offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives across NSE and BSE m .. |
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Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
RMoney Vs Prostocks - Brokerage charges & Plans
| RMoney | Prostocks | |
|---|---|---|
| Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Equity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Currency Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Fixed Charges | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Equity Intraday | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
RMoney Vs Prostocks - Margin (Exposure)
| RMoney | Prostocks | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
RMoney Vs Prostocks - Other Charges
| RMoney | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | ₹1500/Monthly | ₹1000/Month |
| Call & Trade Charges | ₹18/Order | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | ₹9/Order | ₹15/ Order |
| Minimum Brokerage | ₹9/Order | ₹15/ Order |
RMoney Vs Prostocks - STT/CTT
| RMoney | Prostocks | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
RMoney Vs Prostocks - Demat transaction charges
| RMoney | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹15 + Gst per scrip per day only on sell |
RMoney Vs Prostocks - GST
| RMoney | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
RMoney Vs Prostocks - SEBI Charges
| RMoney | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
RMoney Vs Prostocks - Features
| RMoney | Prostocks | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM | Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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