Chittorgarh.com
Free Trading + Demat Account

ProStocks Vs RMoney Share Broker Comparison

The side-by-side comparison of ProStocks and Raghunandan Capital Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between ProStocks and RMoney's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ProStocks and RMoney.

  ProStocks Raghunandan Capital Pvt Ltd
 
ProStocks Logo Raghunandan Capital Pvt Ltd Logo
About the Broker 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 ... Know more about ProStocks Incorporated in 2004, Raghunandan Money (RMoney) is Agra based financial service provider. The company offers a range of financial products. This including Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds... Know more about Raghunandan Capital Pvt Ltd
Type of Broker Discount Broker Discount Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX, NCDEX
Account Type Flat Fee Plan Zero Brokerage Plans
Broker Enquiry Open an Online Trading Account with ProStocks. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
Expand

Stock Broker Fees / Charges

  ProStocks Raghunandan Capital Pvt Ltd
Trading Account Opening Fees ₹0 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 ₹0 (Free)
Demat Account AMC ₹0 per year (Lifetime Zero AMC) ₹0 for lifetime (Free)
Demat Account is Mandatory? No No
Expand

Trading Brokerage Charges

Brokerage Plan 1

  ProStocks Raghunandan Capital Pvt Ltd
Account Type Flat Fee Plan Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage ₹15 ₹0 (Free)
Equity Intraday Brokerage ₹15 ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹15 ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage ₹15 ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹15 ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹15 ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Brokerage Plan 2

  ProStocks Raghunandan Capital Pvt Ltd
Account Type Monthly Unlimited Equity Happy Service Plan
Fixed Charges ₹899 NA
Equity Delivery Brokerage ₹0 0.10% to 0.40%
Equity Intraday Brokerage ₹0 0.01% to 0.04%
Equity Futures Brokerage ₹0 0.005% to 0.02%
Equity Options Brokerage ₹0 ₹20 to ₹80 per lot
Currency Futures Trading Brokerage 0.005% to 0.02%
Currency Options Trading Brokerage 0.005% to 0.02%
Commodity Futures Trading Brokerage 0.005% to 0.02%
Commodity Options Trading Brokerage

Brokerage Plan 3

  ProStocks Raghunandan Capital Pvt Ltd
Account Type Monthly Unlimited Currency Zero Brokerage Plans
Fixed Charges ₹499 NA
Equity Delivery Brokerage ₹0 (Free)
Equity Intraday Brokerage ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹0 ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹0 ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges ₹0 (Unlimited Calls)
Expand

Taxes

  ProStocks Raghunandan Capital Pvt Ltd
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
Expand

Transaction Charges

  ProStocks Raghunandan Capital Pvt Ltd
Equity Delivery NSE: 0.00325% | BSE: 0.00275% NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday NSE: 0.00325% | BSE: 0.00275% NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures NSE: 0.0019% | BSE: 0.0005% NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options NSE: 0.050% | BSE: 0.0025% NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures NSE: 0.0011% | BSE: 0.0001% NSE, BSE - ₹150 per crore (0.0015%)
Currency Options NSE: 0.040% | BSE: 0.0001% NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
Expand

Exposure

  ProStocks Raghunandan Capital Pvt Ltd
Equity Delivery 1x (no margin) Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday 7x (Margin intraday sq off) | 10x (Cover Order) 20x (5%) (Intraday Only)
Equity Futures 1.5x Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options 1x (no margin) Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures 1.5x Intraday - 100X (1%)
Currency Options 1x (no margin) Intraday - 100X (1%)
Commodity NA Intraday - 77X (1.3%)
Expand

Share Broker Features

  ProStocks Raghunandan Capital Pvt Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform ProStocks, NSE NOW RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM Equity 3:15 PM
Other Features
Referral Program
Expand

Broker Ratings (Average User Rating)

  ProStocks Raghunandan Capital Pvt Ltd
  24 Customer Reviews    Rate ProStocks 3 Customer Reviews    Rate RMoney
Fees Ratings 4.6 4.7
Trading Brokerage Rating 4.4 4.7
Trading Platform Usability 2.9 4.3
Customer Service Ratings 3.1 4.0
Overall Ratings Rated 3.3 stars Rated 4.0 stars
Broker Rating ProStocks is Rated 3.3 / 5 based on 24 customer reviews RMoney is Rated 4.0 / 5 based on 3 customer reviews
Expand

Contact Broker / Request A Call Back

  ProStocks Raghunandan Capital Pvt Ltd
Contact / Request Call Back
Expand

Investment Options Available

  ProStocks Raghunandan Capital Pvt Ltd
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options Corporate FD, Life Instance, General Insurance
Expand

Customer Service Offered

  ProStocks Raghunandan Capital Pvt Ltd
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No Yes
Expand

Order Type

  ProStocks Raghunandan Capital Pvt Ltd
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes
Expand

Research / Tips / Reports Published

  ProStocks Raghunandan Capital Pvt Ltd
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No Yes
News Alerts No Yes
Expand

Suitable for Investor Category

  ProStocks Raghunandan Capital Pvt Ltd
Casual Investor Yes Yes
Active Investor Yes Yes
Trader Yes Yes

Expand

Pros, Cons and Other Review Comments

  ProStocks Raghunandan Capital Pvt Ltd
Pros
  • Cheapest flat fee broker in India. Offers ₹899 unlimited equity and equity f&o trading and ₹15 per trade plan.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 5 Pricing plans to choose from offers flexibility to stock market investors and active trader. Its extremely easy to switch between the plans.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time ₹1000 deposit. No account opening and no annual maintenance charges.
  • Lowest stamp duty for customer outside Maharashtra. Max stamp duty charged is ₹50 per day.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (₹10 per executed order) among all discount brokers. Other brokers charge minimum ₹20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).

More Advantages...

  1. Offer both discount brokerage as well as full-service brokerage plans.
  2. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment
  3. ODIN trading platform is available free of cost to all customers.
  4. Unlimited free Call & Trades.
  5. Local branches in major cities across North India.
  6. Free tips, research and news alerts.
  7. Online paperless instant account opening.

More Advantages...

Cons

More Disadvantages...

  1. Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month.
  2. RMoney QUICK Mobile Trading app is under active development. The app has performance and stability issues. App also missing key features which are part of competitor's trading app.
  3. Margin funding is not available.
  4. GTC/GTD not available in Equity.
  5. NRI Account is not available.

More Disadvantages...

Reviews Useful articles about ProStocks: Useful Articles:
Promo / Offers

ProStocks offer FREE Trading + Demat Account. You can trade unlimited in equity & equity f&o segment for ₹899/month or choose ₹15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer ₹0 Demat AMC with one time ₹1000 refundable deposit.

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

Lifetime FREE AMC Demat Account + Free Call & Trade

Get free lifetime free AMC demat account and pay flat ₹18 brokerage. In addition, get free account opening and free call & trade. To open an account, simply leave your contact information and RMoney representatives will call you.

Enquire about ProStocks
Compare More Brokers



Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App