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Prostocks Vs Tradingo (Compare Prostocks and Tradingo)

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

Tradingo (Swastika Investmart Ltd) Logo

About Tradingo
Tradingo is an Indore-based discount broker offering stock, commodity, and currency trading services. Tradingo provides transparent, faster, and low-cost brokerage service to India Stock Market customers who would like to trade online with little assistance from a broker. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker, and financial service provider since 1992. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 fo... Know more about Tradingo (Swastika Investmart Ltd)

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Prostocks Vs Tradingo

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

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

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Prostocks Vs Tradingo Charges & AMC

Prostocks trading account opening charges is Rs 0 while Tradingo account opening changes is Rs 0. Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC) and Tradingo Demat Account AMC Charges is Rs 250.

  Prostocks Tradingo
Trading Account Opening Charges Rs 0 Rs 0
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 0 (Lifetime Zero AMC) Rs 250

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Prostocks Vs Tradingo Brokerage

Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order whereas Tradingo brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade or 0.03% (whichever is lower).

Account Type Prostocks Flat Rate Plan Tradingo Discount Broking Plan
Fixed Charges NA Nil
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 15 per executed order Rs 20 per trade or 0.03% (whichever is lower)
Equity Futures Rs 15 per executed order Rs 20 per trade or 0.03% (whichever is lower)
Equity Options Rs 15 per executed order Rs 20 per executed order
Currency Futures Rs 15 per executed order Rs 20 per trade or 0.01% (whichever is lower)
Currency Options Rs 15 per executed order Rs 20 per executed order
Commodity Futures NA Rs 20 per trade or 0.01% (whichever is lower)
Commodity Options NA Rs 100 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.
Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

Prostocks Vs Tradingo Brokerage Plan 2

  Prostocks Tradingo
Account Type Unlimited Equity Trading Plan Premium Plan
Fixed Charges Rs 899
Equity Delivery Rs 0 0.3% of trade value
Equity Intraday Rs 0 0.03% of trade value
Equity Futures Rs 0 0.03% of trade value
Equity Options Rs 0 Rs 50 per lot
Currency Futures NA 0.3% of trade value
Currency Options NA Rs 50 per lot
Commodity Futures NA 0.3% of trade value
Commodity Options NA Rs 100 per lot
Open Prostocks AccountOpen Tradingo Account

Prostocks Vs Tradingo Brokerage Plan 3

  Prostocks Tradingo
Account Type Unlimited Currency Trading Plan Discount Broking Plan
Fixed Charges Rs 499 Nil
Equity Delivery NA Rs 0 (Free)
Equity Intraday NA Rs 20 per trade or 0.03% (whichever is lower)
Equity Futures NA Rs 20 per trade or 0.03% (whichever is lower)
Equity Options NA Rs 20 per executed order
Currency Futures Rs 0 Rs 20 per trade or 0.01% (whichever is lower)
Currency Options Rs 0 Rs 20 per executed order
Commodity Futures NA Rs 20 per trade or 0.01% (whichever is lower)
Commodity Options NA Rs 100 per executed order
Open Prostocks AccountOpen Tradingo Account

Prostocks Charges Vs Tradingo

Minimum Brokerage Rs 0 Rs 0
Other Charges Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges Rs 0 (Free) Additional Rs 20 per executed order

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Prostocks Vs Tradingo Transaction Charges

Prostocks transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium) while Tradingo exchange transaction charges for options is NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium).

  Prostocks Tradingo
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%) NSE Rs 325 per crore | BSE Rs 50 per crore (each side)
Equity Options NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium) NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 160 per crore (0.0016%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 6000 per crore (0.06%)
Commodity Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
Open Prostocks AccountOpen Tradingo Account

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Prostocks Vs Tradingo Leverage (Margin)

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

  Prostocks Tradingo
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 AccountOpen Tradingo Account

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Compare Prostocks and Tradingo Features

The trading platforms offered Prostocks include ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API. Tradingo offers Tradingo, Justrade trading software.

  Prostocks Tradingo
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 Yes
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 Tradingo, Justrade
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features
Referral Program Yes
Open Prostocks AccountOpen Tradingo Account

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Prostocks Vs Tradingo Review

Prostocks is rated 3.2 of 5 based on 37 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

  Prostocks Tradingo
  37 Customer Reviews    Rate Prostocks 6 Customer Reviews    Rate Tradingo
Fees 4.5 4.2
Brokerage 4.2 4.7
Trading Platform 2.9 3.5
Customer Service 3.2 3.8
Research Capabilities 2.2 2.0
Overall Ratings Rated 3.2 stars Rated 4.0 stars
Broker Rating Prostocks is rated 3.2 of 5 based on 37 customer reviews Tradingo is rated 4.0 of 5 based on 6 customer reviews

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Contact Broker / Request A Call Back

  Prostocks Enquire Tradingo 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. Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

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Prostocks Vs Tradingo Investment Options

  Prostocks Tradingo
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

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Prostocks Vs Tradingo Order Type Offered

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

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Prostocks Vs Tradingo Research Report

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

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Prostocks Vs Tradingo Suitable For Investor Type

  Prostocks Tradingo
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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Prostocks Vs Tradingo - Pros and Cons

  Prostocks Tradingo
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).
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • No brokerage charges for equity delivery trades.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
Cons
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
Reviews Useful articles about ProStocks:

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

Promo / Offers

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 alog trading.

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

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Open Prostocks AccountOpen Tradingo Account

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