Prostocks Vs Paytm Money (Compare Prostocks and Paytm Money)

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

About Paytm Money

Established in 2017, Paytm Money is a prominent Indian wealth management platform that leverages technology to streamline investment processes. It facilitates investments across a broad spectrum of assets, including equities, F&O, mutual funds, SIPs, IPOs, NPS, and debt instruments, offering a user-friendly experience. Paytm Money operates as a SEBI-registered stockbroker and Investment Adviso... Know more about Paytm Money

Prostocks Vs Paytm Money

Expand

Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

 ProstocksPaytm Money
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSENSE and BSE
Year of Incorporation20162017
Number of Branches11
Open Prostocks Account

Prostocks Vs Paytm Money Charges & AMC

Expand

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

 ProstocksPaytm Money
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0 (Free) (Annual Platform Fees)
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC ChargesRs 0 (Lifetime Zero AMC)Rs 0 (Free) Lifetime Free

Prostocks Vs Paytm Money Brokerage

Expand

Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order whereas Paytm Money brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is low.

Account TypeProstocks Flat Rate PlanPaytm Money Standard Plan
Fixed ChargesNANA
Equity DeliveryRs 0 (Free)Rs 20 per executed order or 2.5% whichever is low
Equity IntradayRs 15 per executed orderRs 20 per executed order or 0.05% whichever is low
Equity FuturesRs 15 per executed orderRs 20 per executed order or 0.01% whichever is low
Equity OptionsRs 15 per executed orderRs 20 per executed order
Currency FuturesRs 15 per executed order
Currency OptionsRs 15 per executed order
Commodity FuturesNA
Commodity OptionsNA
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 Paytm Money Brokerage Plan 2

Expand
 ProstocksPaytm Money
Account TypeUnlimited Equity Trading PlanStandard Plan
Fixed ChargesRs 899NA
Equity DeliveryRs 0Rs 20 per executed order or 2.5% whichever is low
Equity IntradayRs 0Rs 20 per executed order or 0.05% whichever is low
Equity FuturesRs 0Rs 20 per executed order or 0.01% whichever is low
Equity OptionsRs 0Rs 20 per executed order
Currency FuturesNA
Currency OptionsNA
Commodity FuturesNA
Commodity OptionsNA
Open Prostocks Account

Prostocks Vs Paytm Money Brokerage Plan 3

Expand
 ProstocksPaytm Money
Account TypeUnlimited Currency Trading PlanStandard Plan
Fixed ChargesRs 499NA
Equity DeliveryNARs 20 per executed order or 2.5% whichever is low
Equity IntradayNARs 20 per executed order or 0.05% whichever is low
Equity FuturesNARs 20 per executed order or 0.01% whichever is low
Equity OptionsNARs 20 per executed order
Currency FuturesRs 0
Currency OptionsRs 0
Commodity FuturesNA
Commodity OptionsNA
Open Prostocks Account

Prostocks Charges Vs Paytm Money

Expand
Minimum BrokerageRs 0Rs 20
Other ChargesRs 50 + GST system auto square off; Physical Statements - Rs 300 per request + Rs 300 per Courier
Call & Trade ChargesRs 0 (Free)Rs 100
Open Prostocks Account

Prostocks Vs Paytm Money Leverage (Margin)

Expand

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

 ProstocksPaytm Money
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 Prostocks Account

Compare Prostocks and Paytm Money Features

Expand

The trading platforms offered Prostocks include ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

 ProstocksPaytm Money
3 in 1 AccountNoNo
Automated TradingYesNo
Margin Trading FundingNoNo
Margin Against Shares (Equity Cash)NoNo
Margin Against Shares (Equity F&O)NoNo
Trading PlatformProStocks Star Mobile, ProStocks Star Web, ProStocks Star APIPaytm Money mobile app, Paytm Money website
Intraday Square-off TimeEquity 3:15 PM | Curr: 4:45 PM3:15 PM
Trading In SME Shares Allowed?YesNo
Referral ProgramYesNo
Other Features
Open Prostocks Account

Prostocks Vs Paytm Money Review

Expand

Prostocks is rated of 5 based on 43 customer reviews whereas Paytm Money is rated of 5 based on 53 customer reviews.

 ProstocksPaytm Money
 43 Customer Reviews    Rate Prostocks53 Customer Reviews    Rate Paytm Money
FeesRated 4.5 starsRated 3.2 stars
BrokerageRated 4.2 starsRated 3.7 stars
Trading PlatformRated 2.9 starsRated 3.5 stars
Customer ServiceRated 3.2 starsRated 2.6 stars
Research CapabilitiesRated 2.1 starsRated 3.2 stars
Overall RatingRated 3.3 starsRated 3.2 stars
Broker RatingProstocks is Rated 3.3 / 5 based on 43 customer reviewsPaytm Money is Rated 3.2 / 5 based on 53 customer reviews

Contact Broker / Request A Call Back

Expand
 ProstocksPaytm Money
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.

Prostocks Vs Paytm Money Investment Options

Expand
 ProstocksPaytm Money
Stock / EquityYesYes
CommodityNoNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesNo

Prostocks Vs Paytm Money Order Type Offered

Expand
 ProstocksPaytm Money
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo
Open Prostocks Account

Prostocks Vs Paytm Money Suitable For Investor Type

Expand
 ProstocksPaytm Money
Casual InvestorYesNo
Active InvestorYesYes
TraderYesYes

Prostocks Vs Paytm Money - Pros and Cons

Expand
 ProstocksPaytm Money
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).
  • Flat rate brokerage fee (max Rs 20 per trade).
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
Cons
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms use fee: Rs 30 per month.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading 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

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru-based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 15 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

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
Compare ProstocksCompare Paytm Money
Prostocks Vs 5paisaPaytm Money Vs 5paisa
Prostocks Vs Aditya Birla MoneyPaytm Money Vs Aditya Birla Money
Prostocks Vs Alice BluePaytm Money Vs Alice Blue
Prostocks Vs Anand RathiPaytm Money Vs Anand Rathi
Prostocks Vs Angel OnePaytm Money Vs Angel One
Prostocks Vs Arihant CapitalPaytm Money Vs Arihant Capital
Prostocks Vs AxisDirectPaytm Money Vs AxisDirect
Prostocks Vs Bajaj BrokingPaytm Money Vs Bajaj Broking
Prostocks Vs BlinkXPaytm Money Vs BlinkX
Prostocks Vs DhanPaytm Money Vs Dhan
Prostocks Vs FirstockPaytm Money Vs Firstock
Prostocks Vs FyersPaytm Money Vs Fyers
Prostocks Vs GeojitPaytm Money Vs Geojit
Prostocks Vs GrowwPaytm Money Vs Groww
Prostocks Vs HDFC SecuritiesPaytm Money Vs HDFC Securities
Prostocks Vs ICICIdirectPaytm Money Vs ICICIdirect
Prostocks Vs Indiabulls SecuritiesPaytm Money Vs Indiabulls Securities
Prostocks Vs INDmoneyPaytm Money Vs INDmoney
Prostocks Vs Jainam BrokingPaytm Money Vs Jainam Broking
Prostocks Vs Kotak SecuritiesPaytm Money Vs Kotak Securities
Prostocks Vs m.StockPaytm Money Vs m.Stock
Prostocks Vs Mirae Asset SharekhanPaytm Money Vs Mirae Asset Sharekhan
Prostocks Vs Monarch NetworthPaytm Money Vs Monarch Networth
Prostocks Vs Motilal OswalPaytm Money Vs Motilal Oswal
Prostocks Vs Nuvama (Edelweiss)Paytm Money Vs Nuvama (Edelweiss)
Prostocks Vs SahiPaytm Money Vs Sahi
Prostocks Vs SAMCOPaytm Money Vs SAMCO
Prostocks Vs SAS OnlinePaytm Money Vs SAS Online
Prostocks Vs SBI SecuritiesPaytm Money Vs SBI Securities
Prostocks Vs Share.MarketPaytm Money Vs Share.Market
Prostocks Vs TradeSmartPaytm Money Vs TradeSmart
Prostocks Vs TradingoPaytm Money Vs Tradingo
Prostocks Vs UpstoxPaytm Money Vs Upstox
Prostocks Vs Yes SecuritiesPaytm Money Vs Yes Securities
Prostocks Vs ZerodhaPaytm Money Vs Zerodha

Side-by-Side Comparison of Broker