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Bajaj Financial Vs Prostocks (Compare Bajaj Financial and Prostocks)

Bajaj Financial Securities Ltd Logo

About Bajaj Financial
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 pl... Know more about Prostocks

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Bajaj Financial Vs Prostocks

Incorporated in 2010, Bajaj Financial 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 Financial 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 Financial AccountOpen Prostocks Account

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Bajaj Financial Vs Prostocks Charges & AMC

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

  Bajaj Financial Prostocks
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
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 Financial Vs Prostocks Brokerage

Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type Bajaj Financial Freedom Plan Prostocks Flat Rate Plan
Fixed Charges Rs 431 per year NA
Equity Delivery Rs 20 per order Rs 0 (Free)
Equity Intraday Rs 20 per order Rs 15 per executed order
Equity Futures Rs 20 per order Rs 15 per executed order
Equity Options Rs 20 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) + Rs 0 Demat AMC 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 Financial Vs Prostocks Brokerage Plan 2

  Bajaj Financial 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 Financial AccountOpen Prostocks Account

Bajaj Financial Vs Prostocks Brokerage Plan 3

  Bajaj Financial 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 Financial AccountOpen Prostocks Account

Bajaj Financial Charges Vs Prostocks

Minimum Brokerage Rs 5 per executed order Rs 0
Other Charges RMS Auto-Square off: Rs 20 per order
Call & Trade Charges Rs 20 per trade Rs 0 (Free)

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Bajaj Financial Vs Prostocks Transaction Charges

Bajaj Financial transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Bajaj Financial Prostocks
Equity Delivery NSE Rs 325 per Cr (0.00325%) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 5000 per Cr (0.05%) NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity
Open Bajaj Financial AccountOpen Prostocks Account

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Bajaj Financial Vs Prostocks Leverage (Margin)

Bajaj Financial 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 Financial 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 Financial AccountOpen Prostocks Account

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Compare Bajaj Financial and Prostocks Features

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

  Bajaj Financial 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 Financial AccountOpen Prostocks Account

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Bajaj Financial Vs Prostocks Review

Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews whereas Prostocks is rated 3.3 of 5 based on 41 customer reviews.

  Bajaj Financial Prostocks
  15 Customer Reviews    Rate Bajaj Financial 41 Customer Reviews    Rate Prostocks
Fees 2.7 4.6
Brokerage 3.2 4.2
Trading Platform 2.9 2.9
Customer Service 2.6 3.2
Research Capabilities 2.0 2.0
Overall Ratings Rated 3.1 stars Rated 3.3 stars
Broker Rating Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews Prostocks is rated 3.3 of 5 based on 41 customer reviews

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Contact Broker / Request A Call Back

  Bajaj Financial Enquire Prostocks Enquire
Contact Broker Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) + Rs 0 Demat AMC 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 Financial Vs Prostocks Investment Options

  Bajaj Financial 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 Financial Vs Prostocks Order Type Offered

  Bajaj Financial 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 Financial AccountOpen Prostocks Account

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Bajaj Financial Vs Prostocks Research Report

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

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Bajaj Financial Vs Prostocks Suitable For Investor Type

  Bajaj Financial Prostocks
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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Bajaj Financial Vs Prostocks - Pros and Cons

  Bajaj Financial 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

ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market.

ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds.

The Top 10 Reasons to Trade with ProStocks

Promo / Offers

Bajaj Financial Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • Flat Rs 20 Per Trade Brokerage (with Rs 431 yearly fee)
  • Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly fee)
  • Flat Rs 5 Per Trade Brokerage (with Rs 9999 yearly fee)
  • Rs 0 Demat AMC

This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial 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 Financial AccountOpen Prostocks Account

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