Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Both the brokers are registered with SEBI and offers investment in Equity, F&O and Currency. The brokerage of Paytm Money Max Rs 20 per trade while the brokerage of ProStocks Max Rs 15 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Paytm Money is 8,02,146 where number of active customer for ProStocks is 6,563. Paytm Money is serving more customer compare to ProStocks.
Here we present side-by-side comparison of Paytm Money vs ProStocks share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Paytm Money vs ProStocks's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of Paytm Money vs ProStocks share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Paytm Money vs ProStocks's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
 Paytm Money |
 ProStocks |
|
|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
|
Discount Broker | Discount Broker |
| Exchanges Supported
|
NSE, BSE | NSE, BSE |
| Active Clients | 8,02,146 | 6,563 |
| Broker Overview | In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ...  |
Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... |
| Broker Enquiry |
|
|
Comparison of Paytm Money with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
| Charges | Paytm Money | ProStocks |
|---|---|---|
| Trading Account Opening Fees | Free | Free |
| Trading AMC | Rs 30 per month (Platform fees) | Free |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Free | Rs 0 (Rs 1000 Refundable Deposit) |
| Provide DP Service |  |
|
Plans are the most important feature you look when compare Paytm Money with ProStocks. This section compare on high level about type of plans offered by brokers. Multiple Plans - ProStocks provides Multiple Plans where Paytm Money doesn't offer. Monthly Plans - ProStocks provides Monthly Plans where Paytm Money doesn't offer
| Plan Types | Paytm Money | ProStocks |
|---|---|---|
| Multiple Plans |  |
|
| Monthly Plans | |
|
| Yearly Plans | |
|
| Paytm Money | ProStocks | |
|---|---|---|
| Account Opening Request |
Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.
ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.
| Brokerage Charges Compare | Paytm Money | ProStocks |
|---|---|---|
| Plan Name | Flat Brokerage Plan | Flat Fee Rs 15 Trading Plan |
| Equity Delivery | 2.5% or Rs 20 whichever is lower | Free |
| Equity Intraday | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 15 |
| Equity Futures | 0.02% or Rs 20 whichever is lower | Flat Fee Rs 15 |
| Equity Options | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Currency Futures | NA | Flat Fee Rs 15 |
| Currency Options | NA | Flat Fee Rs 15 |
| Commodity Trading | NA | NA |
| Minimum Brokerage | NIL | NA |
| Hidden Charges | No | No |
| Funding | Info Not Available | No |
| Call & Trade Charges | Rs 100/order +GST | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
| Auto Square off Charges | Rs 50/order + GST | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
| Brokerage Calculator | Brokerage Calculator for Paytm Money | Brokerage Calculator for ProStocks |
Compare Paytm Money with ProStocks on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Paytm Money | ProStocks |
|---|---|---|
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | NA | NA |
| Brokerage Charges | Complete Brokerage Plans for paytm-money | Complete Brokerage Plans for prostocks |
Compare Paytm Money with ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - ProStocks offers Algo Trading where Paytm Money doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - ProStocks offers NRI where Paytm Money doesn't offers NRI Trading.
| Account Features Compare | Paytm Money | ProStocks |
|---|---|---|
| 3 in 1 Account | |
|
| Charting | |
|
| Algo Trading | |
|
| SMS Alerts | |
|
| Online Demo | |
|
| Online Portfolio | |
|
| Margin Trading Funding Available | |
|
| Combined Ledger for Equity and Commodity | |
|
| Intraday Square-off Time | 3:10 PM | 3:15PM |
| NRI Trading | |
|
| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Paytm Money and ProStocks. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
| Trading Platform Compare | Paytm Money | ProStocks |
|---|---|---|
| Desktop Trading Platform | Paytm Money | Star ProStocks |
| Desktop Demo | Info Not Available | Info Not Available |
| Desktop Platform (Windows) | |
|
| Desktop Platform (Mac) | |
|
| Web Trading Platform | |
|
| Web Trading Detail | Paytm Money Web | https://www.prostocksweb.com/ |
| Web Trading Demo | Web Trading Demo | Info Not Available |
| Mobile Site | |
|
| Mobile Trading | |
|
| Mobile Trading App | Paytm Money App | Star ProStocks |
| Mobile Trading App Demo | Paytm Money App Demo | Info Not Available |
| Android Mobile App | |
|
| Android App Download | Andriod Paytm Money App Download | Andriod Star ProStocks Download |
| iPhone Mobile App (IOS) | |
|
| iOS App Download | iOS Paytm Money App Download | iOS Star ProStocks Download |
| Android Tablet App | |
|
| iPad App (IOS) | |
|
| Trading Software Charges | Rs. 30 per month | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Paytm Money | Equity Intraday and Delivery Brokerage Calculator for ProStocks |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Paytm Money | Futures Brokerage Calculator for ProStocks |
| Options Brokerage Calculator | Options Brokerage Calculator for Paytm Money | Options Brokerage Calculator for ProStocks |
| Detail | Detail on Trading Platforms for paytm-money | Detail on Trading Platforms for prostocks |
| Paytm Money | ProStocks | |
|---|---|---|
6 Customer Reviews
 |
4 Customer Reviews
|
|
| Fees Ratings | 3.2 | 4.5 |
| Trading Brokerage Rating | 3.8 | 4.5 |
| Trading Platform Usability | 3.2 | 4.5 |
| Customer Service Ratings | 2.7 | 4.0 |
| Overall Ratings | 3.0 | 4.5 |
| Broker Rating | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews | ProStocks is Rated 4.5 / 5 based on 4 customer reviews |
Compare Paytm Money with ProStocks on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker don't offers Commodity Trading (MCX). Online Mutual Fund Investment - Paytm Money offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
| Investment Offerings Compare | Paytm Money | ProStocks |
|---|---|---|
| Equity Cash and F&O | |
|
| Currency Deravitives | |
|
| Commodity | |
|
| Online IPO Application | |
|
| Mutual Funds | |
|
| Bond / NCD | |
|
| ETF | |
|
| Banking | |
|
| Insurance | |
|
| Forex | |
|
| MF SIP Investment | |
|
| Equity SIP Investment | |
|
| PMS Service | |
|
| Other Investment Options | NIL | NIL |
Order Type - Compare Paytm Money with ProStocks on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.
| Order Type Compare | Paytm Money | ProStocks |
|---|---|---|
| CNC order | |
|
| MIS order | |
|
| NRML order | |
|
| Cover order | |
|
| Bracket order | |
|
| AMO-After Market Orders | |
|
| GTC-Good Till Cancelled | |
|
Compare Paytm Money with ProStocks on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
| Customer Service Compare | Paytm Money | ProStocks |
|---|---|---|
| 24/7 Customer Service
|
|
|
| Email Support
|
|
|
| Onine Live Chat
|
|
|
| Phone Support
|
|
|
| Toll Free Number
|
|
|
| Through Branches
|
|
|
| Customer Care Number
|
Info Not Available | +91-2262-434343 |
| Account Opening Process
|
Online/Paperless | Online/Paperless |
| Customer Support Email
|
[email protected] | [email protected] |
| Knowledge Center/Education
|
https://www.paytmmoney.com/care | https://www.prostocks.com/faq.html |
| Head Office Address
|
Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 | Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063 |
| Website
|
https://www.paytmmoney.com/ | https://www.prostocks.com |
Compare Paytm Money with ProStocks on research reports and tips provided by the broker.
| Paytm Money | ProStocks | |
|---|---|---|
| Research Mutual Funds
|
|
|
| Research Equity Reports
|
|
|
| Research ETF
|
|
|
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Compare Paytm Money with ProStocks on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for ProStocks is Free (₹1000 Refundable Deposit) where for Paytm Money is Zero. ProStocks is a better choice in terms of Demat AMC compare to Paytm Money.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Paytm Money is ₹10 per ISIN where for ProStocks is ₹20 per ISIN.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
| Paytm Money | ProStocks | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
12088800 | 83200 |
| Demat Account Annual Maintenance Charges(AMC) | Zero | Free (₹1000 Refundable Deposit) |
| Advance Deposit | Nil | 1000/- Refundable Deposit against charges |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹10 per ISIN | ₹20 per ISIN |
| Demat | ₹250 per 100 shares | ₹50 per set up + ₹50 courier charges |
| Remat | ₹250 per 100 shares | ₹50 per set up + ₹50 courier charges |
| Pledge Creation | ₹32 per ISIN | ₹50 |
| Pledge Creation Confirmation | Nil | Nil |
| Pledge Closure | ₹32 per ISIN | ₹50 |
| Pledge Closure Confirmation | Nil | Nil |
| Pledge Invocation | ₹32 per ISIN | ₹50 |
| Failed Instruction Charges | Nil | ₹50 per transaction |
| Other Charges | Nil | Nil |
Compare Paytm Money with ProStocks on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Paytm Money | ProStocks | |
|---|---|---|
| Pay In and Pay Out Options
|
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only |
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application. Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time
|
Max 24 hrs except bank holidays | Upto 24 Hrs except Bank Holidays. |
| Bank Supported and Charges
|
Paytm Money allows 190+ Banks. | Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms. |
| Bank Detail | Info Not Available | SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060 |
| Likes |
|
|
| Dislikes |
|
|
| Special Offers/Promo | ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit. | |
| Enquiry | Open Paytm Money Account Now>> | Open ProStocks Account Now>> |
Last Updated on 2023-12-22T00:01:54+00:00
