INDmoney Vs Prostocks
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
INDmoney Vs Prostocks - Broker Details
| INDmoney | Prostocks | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2016 |
| Exchanges | NSE, BSE and MCX | BSE and NSE |
| Branches | 966 | 2 |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs Prostocks - Account Opening & AMC Charges
| INDmoney | Prostocks | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs Prostocks - Brokerage charges & Plans
| INDmoney | Prostocks | |
|---|---|---|
| Commodity Futures | N/A | ₹15/ Order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Commodity Options | N/A | ₹15/ Order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹15/ Order |
INDmoney Vs Prostocks - Other Charges
| INDmoney | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | N/A | ₹1000/Month |
| Call & Trade Charges | ₹50 per position | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹15/ Order |
INDmoney Vs Prostocks - Transaction Charges
| INDmoney | Prostocks | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE ₹4,000/Cr | BSE ₹100/Cr |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE ₹200/Cr | BSE ₹50/Cr |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE ₹345/Cr | BSE ₹345/Cr |
| Equity Options | NSE: 0.053% on premium value | NSE ₹5,300/Cr | BSE ₹2,500/Cr |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | N/A |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE ₹90/Cr | BSE ₹22/Cr |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE ₹345/Cr | BSE ₹345/Cr |
INDmoney Vs Prostocks - Margin (Exposure)
| INDmoney | 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 (no margin) | 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) |
INDmoney Vs Prostocks - Features
| INDmoney | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 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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INDmoney Vs Prostocks - Review & Rating
| INDmoney | Prostocks | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Prostocks - Request a call back from Broker
| INDmoney | Prostocks | |
|---|---|---|
INDmoney Vs Prostocks - Investment Options
| INDmoney | 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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INDmoney Vs Prostocks - Order Type
| INDmoney | 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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INDmoney Vs Prostocks - Research & Report
| INDmoney | 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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INDmoney Vs Prostocks - Daily Market Report
| INDmoney | Prostocks | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Prostocks - Suitable For Investor
| INDmoney | Prostocks | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Prostocks - Pros & Cons
| INDmoney | Prostocks | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
INDmoney Vs Prostocks - Background
| INDmoney | Prostocks | |
|---|---|---|
INDmoney Vs Prostocks - Compare All Brokers
| INDmoney | Prostocks | |
|---|---|---|
INDmoney Vs Prostocks - STT/CTT
| INDmoney | Prostocks | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Prostocks - Demat transaction charges
| INDmoney | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹15 + Gst per scrip per day only on sell |
INDmoney Vs Prostocks - GST
| INDmoney | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
INDmoney Vs Prostocks - SEBI Charges
| INDmoney | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Prostocks - Account Opening & AMC Charges
INDmoney
Prostocks
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Prostocks
| INDmoney | Prostocks | |
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INDmoney Account Opening Process, Charges, and Documentation Details |
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.
INDmoney Vs Prostocks - Brokerage charges & Plans
| INDmoney | Prostocks | |
|---|---|---|
| Commodity Futures | N/A | ₹15/ Order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Commodity Options | N/A | ₹15/ Order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹15/ Order |
INDmoney Vs Prostocks - Margin (Exposure)
| INDmoney | 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 (no margin) | 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) |
INDmoney Vs Prostocks - Other Charges
| INDmoney | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | N/A | ₹1000/Month |
| Call & Trade Charges | ₹50 per position | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹15/ Order |
INDmoney Vs Prostocks - STT/CTT
| INDmoney | Prostocks | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Prostocks - Demat transaction charges
| INDmoney | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹15 + Gst per scrip per day only on sell |
INDmoney Vs Prostocks - GST
| INDmoney | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
INDmoney Vs Prostocks - SEBI Charges
| INDmoney | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Prostocks - Features
| INDmoney | Prostocks | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 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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