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Bajaj Finserv Vs Prostocks (Compare Bajaj Finserv and Prostocks)

Bajaj Financial Securities Ltd Logo

About Bajaj Finserv
Bajaj Financial Securities Limited (BFSL) is a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India. BFSL, a SEBI registered company offers stockbroking services and is a member of BSE and NSE. BFSL is the depository participant with NSDL and CDSL. BFSL offers online discount brokerage services in Equity and Derivative Trading, Mutual Funds, Margin Trading Financing, IPO Financing, Spread Financing and Loan Against Securities. BFSL has two trading platforms - BFSLTrade App (m... Know more about Bajaj Financial Securities Ltd

Prostocks Logo

About Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited Equity and Derivatives Trading at Rs 899 per month or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this plan. ProSto... Know more about Prostocks

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Bajaj Finserv Vs Prostocks

Incorporated in 2010, Bajaj Finserv is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  Bajaj Finserv Prostocks
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE
Year of Incorporation 2010 2016
Number of Branches 6 1
Open Bajaj Finserv AccountOpen Prostocks Account

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Bajaj Finserv Vs Prostocks Charges & AMC

Bajaj Finserv trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0. Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  Bajaj Finserv Prostocks
Trading Account Opening Charges Rs 0 (Free) Rs 0
Trading Account AMC Charges Rs 899 per year Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 199 (Free for 1st year) Rs 0 (Lifetime Zero AMC)

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Bajaj Finserv Vs Prostocks Brokerage

Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 per order whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type Bajaj Finserv Freedom Plan Prostocks Flat Rate Plan
Fixed Charges Rs 0 NA
Equity Delivery 0.10% Rs 0 (Free)
Equity Intraday Rs 17 per order Rs 15 per executed order
Equity Futures Rs 17 per order Rs 15 per executed order
Equity Options Rs 17 per order Rs 15 per executed order
Currency Futures Rs 15 per executed order
Currency Options Rs 15 per executed order
Commodity Futures NA
Commodity Options NA
Special Offer
Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.
Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

Bajaj Finserv Vs Prostocks Brokerage Plan 2

  Bajaj Finserv Prostocks
Account Type Professional Pack Unlimited Equity Trading Plan
Fixed Charges Rs 2500 per year Rs 899
Equity Delivery Rs 10 per order Rs 0
Equity Intraday Rs 10 per order Rs 0
Equity Futures Rs 10 per order Rs 0
Equity Options Rs 10 per order Rs 0
Currency Futures NA
Currency Options NA
Commodity Futures NA
Commodity Options NA
Open Bajaj Finserv AccountOpen Prostocks Account

Bajaj Finserv Vs Prostocks Brokerage Plan 3

  Bajaj Finserv Prostocks
Account Type Bajaj Privilege Club Unlimited Currency Trading Plan
Fixed Charges Rs 9999 per year Rs 499
Equity Delivery Rs 5 per order NA
Equity Intraday Rs 5 per order NA
Equity Futures Rs 5 per order NA
Equity Options Rs 5 per order NA
Currency Futures Rs 0
Currency Options Rs 0
Commodity Futures NA
Commodity Options NA
Open Bajaj Finserv AccountOpen Prostocks Account

Bajaj Finserv Charges Vs Prostocks

Minimum Brokerage Rs 5 for Equity Delivery & Intraday Rs 0
Other Charges
Call & Trade Charges Rs 20 per trade Rs 0 (Free)

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Bajaj Finserv Vs Prostocks Transaction Charges

Bajaj Finserv transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium).

  Bajaj Finserv Prostocks
Equity Delivery NSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 225 per Cr (0.00225%) NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)
Equity Options NSE Rs 5325 per Cr (0.05325%) (on premium) NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity
Open Bajaj Finserv AccountOpen Prostocks Account

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Bajaj Finserv Vs Prostocks Leverage (Margin)

Bajaj Finserv margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Prostocks margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Bajaj Finserv Prostocks
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Bajaj Finserv AccountOpen Prostocks Account

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Compare Bajaj Finserv and Prostocks Features

The trading platforms offered Bajaj Finserv include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

  Bajaj Finserv Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time 3:15 PM Equity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed? No Yes
Referral Program Yes
Other Features
Open Bajaj Finserv AccountOpen Prostocks Account

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Bajaj Finserv Vs Prostocks Review

Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews whereas Prostocks is rated 3.3 of 5 based on 38 customer reviews.

  Bajaj Finserv Prostocks
  13 Customer Reviews    Rate Bajaj Finserv 38 Customer Reviews    Rate Prostocks
Fees 2.7 4.6
Brokerage 3.4 4.3
Trading Platform 3.0 2.9
Customer Service 2.8 3.2
Research Capabilities 2.1
Overall Ratings Rated 3.2 stars Rated 3.3 stars
Broker Rating Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews Prostocks is rated 3.3 of 5 based on 38 customer reviews

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Contact Broker / Request A Call Back

  Bajaj Finserv Enquire Prostocks Enquire
Contact Broker Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!. Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

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Bajaj Finserv Vs Prostocks Investment Options

  Bajaj Finserv Prostocks
Stock / Equity Yes Yes
Commodity No No
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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Bajaj Finserv Vs Prostocks Order Type Offered

  Bajaj Finserv Prostocks
Bracket Order Yes Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No Yes
Open Bajaj Finserv AccountOpen Prostocks Account

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Bajaj Finserv Vs Prostocks Research Report

  Bajaj Finserv Prostocks
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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Bajaj Finserv Vs Prostocks Suitable For Investor Type

  Bajaj Finserv Prostocks
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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Bajaj Finserv Vs Prostocks - Pros and Cons

  Bajaj Finserv Prostocks
Pros
  • Cheapest flat fee broker in India. Offers Rs 899 unlimited equity and equity f&o trading and Rs 15 per trade plan.
  • Cover Order (CO) is available in unlimited monthly plan. Bracket order is coming soon.
  • Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 2 Pricing plans to choose from.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time Rs 1000 deposit. No account opening and no annual maintenance charges.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (Rs 10 per executed order) among all discount brokers. Other brokers charge minimum Rs 20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).
Cons
Reviews Useful articles about ProStocks:
Promo / Offers

Bajaj Finserv Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • Flat Rs 10 Per Trade Brokerage (with Rs 2500 AMC)
  • Flat Rs 5 Per Trade Brokerage (with Rs 9999 AMC)

This is a limited-time offer. Simply leave your contact information with us and Bajaj Finserv representatives will contact you.

Prostocks Special Offer

Unlimited Monthly Trading @ Rs 899

  • Monthly unlimited trading plan @ Rs 899.
  • Or Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • API for algo trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

Open Bajaj Finserv AccountOpen Prostocks Account

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