Prostocks Vs RMoney (Compare Prostocks and RMoney)

The side-by-side comparison of Prostocks and RMoney. Compare Prostocks Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Prostocks review.

Find out Prostocks Vs RMoney which is better and Prostocks Vs RMoney which is best.

Our Prostocks comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Prostocks and RMoney.

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Prostocks Vs RMoney

  Prostocks RMoney
Find more info about broker
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 Rate 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. Open an Online Trading Account with RMoney. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
Enquire Prostocks Enquire RMoney
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Prostocks Vs RMoney Charges

  Prostocks RMoney
Trading Account Opening Fees ₹0 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Lifetime Zero AMC) ₹0 for lifetime (Free)
Demat Account is Mandatory? No No
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Prostocks Vs RMoney Brokerage

Brokerage Plan 1

  Prostocks RMoney
Account Type Flat Rate Plan Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) ₹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 NA ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage NA
Special Offer
Special Offer: Get lifetime AMC free Demat Account with ₹0 account opening fee. ₹0 Brokerage on Equity Delivery. Flat ₹15/trade for Intraday and F&O. Request a Callback
Special Offer: RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

Brokerage Plan 2

  Prostocks RMoney
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 NA 0.005% to 0.02%
Currency Options Trading Brokerage NA 0.005% to 0.02%
Commodity Futures Trading Brokerage NA 0.005% to 0.02%
Commodity Options Trading Brokerage NA

Brokerage Plan 3

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

Other Charges

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

  Prostocks RMoney
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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Prostocks Vs RMoney Transaction Charges

  Prostocks RMoney
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%)
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Prostocks Vs RMoney Exposure Margin

  Prostocks RMoney
Equity Delivery 1x (no margin) Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday 7x (Margin intraday sq off) 20x (5%) (Intraday Only)
Equity Futures 2x 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 Futures Intraday - 77X (1.3%)
Commodity Options
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Prostocks and RMoney Feature Comparison

  Prostocks RMoney
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) No Yes
Margin Against Shares (Equity F&O) No 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
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Prostocks Vs RMoney Review

  Prostocks RMoney
  28 Customer Reviews    Rate Prostocks 3 Customer Reviews    Rate RMoney
Fees 4.7 4.7
Trading Brokerage 4.4 4.7
Trading Platform Usability 2.9 4.3
Customer Service 3.3 4.0
Research Capabilities 3.0
Overall Ratings Rated 3.3 stars Rated 4.0 stars
Broker Rating Prostocks is Rated 3.3 / 5 based on 28 customer reviews RMoney is Rated 4.0 / 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  Prostocks Enquire RMoney Enquire
Contact Broker

Get lifetime AMC free Demat Account with ₹0 account opening fee. ₹0 Brokerage on Equity Delivery. Flat ₹15/trade for Intraday and F&O. Request a Callback

RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

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Prostocks Vs RMoney Investment Options

  Prostocks RMoney
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Corporate FD, Life Instance, General Insurance
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Prostocks Vs RMoney Customer Service

  Prostocks RMoney
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No Yes
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Prostocks Vs RMoney Order Type Offered

  Prostocks RMoney
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No Yes
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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
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Prostocks Vs RMoney Suitable For Investor Type

  Prostocks RMoney
Casual Investor Yes Yes
Active Investor Yes Yes
Trader Yes Yes
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Prostocks Vs RMoney - Advantages and Disadvantages

  Prostocks RMoney
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
  • ₹0 Eq Delivery Brokerage and Flat ₹15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • FREE Trading and Demat Account Opening

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.

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