Prostocks Vs INDmoney
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
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Prostocks Vs INDmoney - Broker Details
| Prostocks | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2019 |
| Exchanges | BSE and NSE | NSE, BSE and MCX |
| Branches | 2 | 966 |
| Brokerage | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Broker Type | Discount Broker | Discount Broker |
Prostocks Vs INDmoney - Account Opening & AMC Charges
| Prostocks | INDmoney | |
|---|---|---|
| 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) |
Prostocks Vs INDmoney - Brokerage charges & Plans
| Prostocks | INDmoney | |
|---|---|---|
| Commodity Futures | ₹15/ Order | N/A |
| Currency Futures | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹0 | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹15/ Order | N/A |
| Equity Futures | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹15/ Order | 0.05% or up to ₹20/Per Order |
Prostocks Vs INDmoney - Other Charges
| Prostocks | INDmoney | |
|---|---|---|
| RMS Square Off Charge | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade | ₹50 per position |
| API Charges | ₹1000/Month | N/A |
| Call & Trade Charges | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade | ₹50 per position |
| Other Brokerage Charges | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹15/ Order | 0.05% or up to ₹20/Per Order |
Prostocks Vs INDmoney - Transaction Charges
| Prostocks | INDmoney | |
|---|---|---|
| Currency Options | NSE ₹4,000/Cr | BSE ₹100/Cr | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE ₹200/Cr | BSE ₹50/Cr | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE ₹345/Cr | BSE ₹345/Cr | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE ₹5,300/Cr | BSE ₹2,500/Cr | NSE: 0.053% on premium value |
| Commodity | N/A | 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 |
| Currency Futures | NSE ₹90/Cr | BSE ₹22/Cr | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE ₹345/Cr | BSE ₹345/Cr | NSE - 0.00325% | BSE- 0.00375% |
Prostocks Vs INDmoney - Margin (Exposure)
| Prostocks | INDmoney | |
|---|---|---|
| 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 (no margin) |
| 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) |
Prostocks Vs INDmoney - Features
| Prostocks | INDmoney | |
|---|---|---|
| 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:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Prostocks Vs INDmoney - Review & Rating
| Prostocks | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Prostocks Vs INDmoney - Request a call back from Broker
| Prostocks | INDmoney | |
|---|---|---|
Prostocks Vs INDmoney - Investment Options
| Prostocks | INDmoney | |
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| 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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Prostocks Vs INDmoney - Order Type
| Prostocks | INDmoney | |
|---|---|---|
| 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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Prostocks Vs INDmoney - Research & Report
| Prostocks | INDmoney | |
|---|---|---|
| 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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Prostocks Vs INDmoney - Daily Market Report
| Prostocks | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Prostocks Vs INDmoney - Suitable For Investor
| Prostocks | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Prostocks Vs INDmoney - Pros & Cons
| Prostocks | INDmoney | |
|---|---|---|
| Pros | 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. | 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. |
| Cons | 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. | 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. |
Prostocks Vs INDmoney - Background
| Prostocks | INDmoney | |
|---|---|---|
Prostocks Vs INDmoney - Compare All Brokers
| Prostocks | INDmoney | |
|---|---|---|
Prostocks Vs INDmoney - STT/CTT
| Prostocks | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Prostocks Vs INDmoney - Demat transaction charges
| Prostocks | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹250/ per certificate |
Prostocks Vs INDmoney - GST
| Prostocks | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges | 18% on (Brokerage + Transaction Charge) |
Prostocks Vs INDmoney - SEBI Charges
| Prostocks | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Prostocks Vs INDmoney - Account Opening & AMC Charges
Prostocks
INDmoney
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)
Prostocks Vs INDmoney
| Prostocks | INDmoney | |
|---|---|---|
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 .. + " Vs "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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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 Vs INDmoney - Brokerage charges & Plans
| Prostocks | INDmoney | |
|---|---|---|
| Commodity Futures | ₹15/ Order | N/A |
| Currency Futures | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹0 | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹15/ Order | N/A |
| Equity Futures | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹15/ Order | 0.05% or up to ₹20/Per Order |
Prostocks Vs INDmoney - Margin (Exposure)
| Prostocks | INDmoney | |
|---|---|---|
| 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 (no margin) |
| 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) |
Prostocks Vs INDmoney - Other Charges
| Prostocks | INDmoney | |
|---|---|---|
| RMS Square Off Charge | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade | ₹50 per position |
| API Charges | ₹1000/Month | N/A |
| Call & Trade Charges | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade | ₹50 per position |
| Other Brokerage Charges | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹15/ Order | 0.05% or up to ₹20/Per Order |
Prostocks Vs INDmoney - STT/CTT
| Prostocks | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Prostocks Vs INDmoney - Demat transaction charges
| Prostocks | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹250/ per certificate |
Prostocks Vs INDmoney - GST
| Prostocks | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges | 18% on (Brokerage + Transaction Charge) |
Prostocks Vs INDmoney - SEBI Charges
| Prostocks | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Prostocks Vs INDmoney - Features
| Prostocks | INDmoney | |
|---|---|---|
| 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:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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