FREE Account Opening + No Clearing Fees
Loading...

Prostocks Vs RMoney (Compare Prostocks and RMoney)

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

Raghunandan Capital Pvt Ltd Logo

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Gift City, Gandhinagar, Gujarat-based financial service provider. The company offers a range of financial products and services. These include Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds, and Corporate FDRs. Raghunandan Money is a member of NSE, BSE, MCX, NCDEX, and CDSL. The company is among the top 5 commodity brokers in India. It contributes over 8% of NCDEX daily and 4% of MCX turnover. It has ... Know more about Raghunandan Capital Pvt Ltd

Expand

Prostocks Vs RMoney

Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Prostocks RMoney
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX, NCDEX
Year of Incorporation 2016
Number of Branches 1
Open Prostocks Account

Expand

Prostocks Vs RMoney Charges & AMC

Prostocks trading account opening charges is Rs 0 (Free) while RMoney account opening changes is Rs 0 (Free). Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC) and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

  Prostocks RMoney
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 (Lifetime Zero AMC) Rs 0 for lifetime (Free)

Expand

Prostocks Vs RMoney Brokerage

Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

Account Type Prostocks Flat Rate Plan RMoney Rs 9 Per Trade Plan
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 9 per executed order
Equity Intraday Rs 15 per executed order Rs 9 per executed order
Equity Futures Rs 15 per executed order Rs 9 per executed order
Equity Options Rs 15 per executed order Rs 9 per executed order
Currency Futures Rs 15 per executed order Rs 9 per executed order
Currency Options Rs 15 per executed order Rs 9 per executed order
Commodity Futures NA Rs 9 per executed order
Commodity Options NA Rs 9 per executed order
Special Offer
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.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Prostocks Vs RMoney Brokerage Plan 2

  Prostocks RMoney
Account Type Unlimited Equity Trading Plan Rs 999 Per Month Trade Plan
Fixed Charges Rs 899 Rs 999
Equity Delivery Rs 0 Rs 0
Equity Intraday Rs 0 Rs 0
Equity Futures Rs 0 Rs 0
Equity Options Rs 0 Rs 0
Currency Futures NA Rs 0
Currency Options NA Rs 0
Commodity Futures NA Rs 0
Commodity Options NA Rs 0
Open Prostocks Account

Prostocks Vs RMoney Brokerage Plan 3

  Prostocks RMoney
Account Type Unlimited Currency Trading Plan Rs 9 Per Trade Plan
Fixed Charges Rs 499 NA
Equity Delivery NA Rs 9 per executed order
Equity Intraday NA Rs 9 per executed order
Equity Futures NA Rs 9 per executed order
Equity Options NA Rs 9 per executed order
Currency Futures Rs 0 Rs 9 per executed order
Currency Options Rs 0 Rs 9 per executed order
Commodity Futures NA Rs 9 per executed order
Commodity Options NA Rs 9 per executed order
Open Prostocks Account

Prostocks Charges Vs RMoney

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

Expand

Prostocks Vs RMoney Transaction Charges

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

  Prostocks RMoney
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | 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%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
Open Prostocks Account

Expand

Prostocks Vs RMoney Leverage (Margin)

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

  Prostocks RMoney
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 Prostocks Account

Expand

Compare Prostocks and RMoney Features

The trading platforms offered Prostocks include ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  Prostocks RMoney
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API 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
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features
Open Prostocks Account

Expand

Prostocks Vs RMoney Review

Prostocks is rated 3.3 of 5 based on 40 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

  Prostocks RMoney
  40 Customer Reviews    Rate Prostocks 5 Customer Reviews    Rate RMoney
Fees 4.6 4.4
Brokerage 4.3 4.2
Trading Platform 2.9 3.4
Customer Service 3.3 3.8
Research Capabilities 2.0 2.0
Overall Ratings Rated 3.3 stars Rated 3.2 stars
Broker Rating Prostocks is rated 3.3 of 5 based on 40 customer reviews RMoney is rated 3.2 of 5 based on 5 customer reviews

Expand

Contact Broker / Request A Call Back

  Prostocks Enquire RMoney Enquire
Contact Broker 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. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Expand

Prostocks Vs RMoney Investment Options

  Prostocks RMoney
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Corporate FD, Life Instance, General Insurance

Expand

Prostocks Vs RMoney Order Type Offered

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

Expand

Prostocks Vs RMoney Research Report

  Prostocks RMoney
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No Yes
News Alerts No Yes

Expand

Prostocks Vs RMoney Suitable For Investor Type

  Prostocks RMoney
Casual Investor Yes Yes
Active Investor Yes Yes
Trader Yes Yes

Expand

Prostocks Vs RMoney - Pros and Cons

  Prostocks RMoney
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).
  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.
Cons
  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.
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

Useful Articles:
Promo / Offers

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.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
Open Prostocks Account

Comments

Add a public comment...

Compare More Brokers: