Bajaj Broking Vs Prostocks (Compare Bajaj Broking and Prostocks)

About Bajaj Broking

Bajaj Broking is the stockbroking arm of the Bajaj Group, a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India offering online Demat, Trading, and investment platforms. Known for its subscription-based flat brokerage, simple onboarding, and an integrated ecosystem covering Stocks, Mutual Funds, Bonds, F&O, IPOs, and Margin Trading Facility (MTF), it is designed for both new... Know more about Bajaj Broking

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 t... Know more about Prostocks

Bajaj Broking Vs Prostocks

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Incorporated in 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 branches across India. Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

 Bajaj BrokingProstocks
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSEBSE, NSE
Year of Incorporation20102016
Number of Branches471
Open Bajaj Broking AccountOpen Prostocks Account

Bajaj Broking Vs Prostocks Charges & AMC

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

 Bajaj BrokingProstocks
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0 (Free)Rs 0
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC ChargesRs 0 (Free)Rs 0 (Lifetime Zero AMC)

Bajaj Broking Vs Prostocks Brokerage

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Bajaj Broking 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 TypeBajaj Broking Freedom PlanProstocks Flat Rate Plan
Fixed ChargesFree for 1st year | Rs.431/year thereafterNA
Equity DeliveryRs.20 per orderRs 0 (Free)
Equity IntradayRs 20 per orderRs 15 per executed order
Equity FuturesRs 20 per orderRs 15 per executed order
Equity OptionsRs 20 per orderRs 15 per executed order
Currency FuturesRs 15 per executed order
Currency OptionsRs 15 per executed order
Commodity FuturesNA
Commodity OptionsNA
Special Offer
Special Offer: Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account.
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 Broking Vs Prostocks Brokerage Plan 2

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 Bajaj BrokingProstocks
Account TypeProfessional PackUnlimited Equity Trading Plan
Fixed ChargesRs 2500 per yearRs 899
Equity DeliveryRs.10 per orderRs 0
Equity IntradayRs 10 per orderRs 0
Equity FuturesRs 10 per orderRs 0
Equity OptionsRs 10 per orderRs 0
Currency FuturesNA
Currency OptionsNA
Commodity FuturesNA
Commodity OptionsNA
Open Bajaj Broking AccountOpen Prostocks Account

Bajaj Broking Vs Prostocks Brokerage Plan 3

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 Bajaj BrokingProstocks
Account TypeFreedom PlanUnlimited Currency Trading Plan
Fixed ChargesFree for 1st year | Rs.431/year thereafterRs 499
Equity DeliveryRs.20 per orderNA
Equity IntradayRs 20 per orderNA
Equity FuturesRs 20 per orderNA
Equity OptionsRs 20 per orderNA
Currency FuturesRs 0
Currency OptionsRs 0
Commodity FuturesNA
Commodity OptionsNA
Open Bajaj Broking AccountOpen Prostocks Account

Bajaj Broking Charges Vs Prostocks

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Minimum BrokerageRs 0
Other ChargesRMS Auto-Square off: Rs 20 per order
Call & Trade ChargesRs 20 per tradeRs 0 (Free)
Open Bajaj Broking AccountOpen Prostocks Account

Bajaj Broking Vs Prostocks Leverage (Margin)

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Bajaj Broking 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 BrokingProstocks
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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 Broking AccountOpen Prostocks Account

Compare Bajaj Broking and Prostocks Features

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The trading platforms offered Bajaj Broking include Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

 Bajaj BrokingProstocks
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)YesNo
Trading PlatformMobile Trading App, Trading Web, API Trading, and the TWS desktop platformProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time3:15 PMEquity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed?YesYes
Referral ProgramNoYes
Other Features
Open Bajaj Broking AccountOpen Prostocks Account

Bajaj Broking Vs Prostocks Review

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Bajaj Broking is rated of 5 based on 17 customer reviews whereas Prostocks is rated of 5 based on 43 customer reviews.

 Bajaj BrokingProstocks
 17 Customer Reviews    Rate Bajaj Broking43 Customer Reviews    Rate Prostocks
FeesRated 2.8 starsRated 4.5 stars
BrokerageRated 3.2 starsRated 4.2 stars
Trading PlatformRated 2.9 starsRated 2.9 stars
Customer ServiceRated 2.6 starsRated 3.2 stars
Research CapabilitiesRated 2.3 starsRated 2.1 stars
Overall RatingRated 3.1 starsRated 3.3 stars
Broker RatingBajaj Broking is Rated 3.1 / 5 based on 17 customer reviewsProstocks is Rated 3.3 / 5 based on 43 customer reviews

Contact Broker / Request A Call Back

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 Bajaj BrokingProstocks
Contact Broker
Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account.
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 Broking Vs Prostocks Investment Options

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 Bajaj BrokingProstocks
Stock / EquityYesYes
CommodityNoNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesYes

Bajaj Broking Vs Prostocks Order Type Offered

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 Bajaj BrokingProstocks
Bracket OrderYesYes
Cover OrderNoYes
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)YesNo
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)YesYes
Open Bajaj Broking AccountOpen Prostocks Account

Bajaj Broking Vs Prostocks Suitable For Investor Type

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 Bajaj BrokingProstocks
Casual InvestorYesYes
Active InvestorYesYes
TraderYesYes

Bajaj Broking Vs Prostocks - Pros and Cons

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 Bajaj BrokingProstocks
Pros
  1. Part of Bajaj Financial, a leading NBFC in India.
  2. Freedom Pack: Rs 20 / order and Professional Pack: Rs 10 / order for all the segments.
  3. Loan Against Securities is available.
  4. Margin Trading Funding (MTF) is available.
  5. Fast and safe fund transfer.
  • 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
  1. Yearly subscription fee is mandatory.
  2. Call & Trade is available at an additional Rs 20 per executed order.
  3. Very high demat debit transaction charges (Rs 30 per ISIN).
  4. 3-in-1 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

Promo / Offers

Bajaj Broking Special Offer

Freedom Plus Pack (Lifetime AMC Free)

  • Account Opening: FREE
  • Invest in Stocks, IPOs, Mutual Funds & Bonds- All in One App
  • Intraday & F&O Brokerage: Rs 20/trade

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 Broking AccountOpen Prostocks Account
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