The brokerage of Paytm Money Max Rs 10 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.
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.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||BSE, NSE||NSE,BSE|
|Broker Overview||Best broker for free direct mutual fund investment, Zero brokerage delivery trading, and Rs. 10 flat brokerages on equity intraday and F&O trading through Paytm Money App and Web.||ProStocks is a full-fledged online stock broker initiated by well-experienced market leaders to bring investment and trading services at the lowest possible cost without compromising on the quality of trade.|
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.
|Trading Account Opening Fees||Free||Free|
|Trading AMC||Rs 300 PA||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|
|Account Opening Request|
Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas equity delivery trading and mutual fund investment with Paytm Money is absolutely free of cost.
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 Intraday||Rs. 10 or 0.05% whichever is lower||Flat Fee Rs 15|
|Equity Futures||Rs. 10 or 0.02% whichever is lower||Flat Fee Rs 15|
|Equity Options||Flat Fee Rs 10||Flat Fee Rs 15|
|Currency Futures||Rs. 10 or 0.02% whichever is lower||Flat Fee Rs 15|
|Currency Options||Flat Fee Rs 10||Flat Fee Rs 15|
|Funding||Info Not Available||No|
|Call & Trade Charges||Rs 300 per executed order||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||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5000 Per Cr|
|Currency Futures||NA||Rs 110 Per Cr|
|Currency Options||NA||Rs 4000 Per Cr|
|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 - both doesn't offers Algo trading. Margin Funding - ProStocks offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - ProStocks offers NRI where Paytm Money doesn't offers NRI Trading.
|Account Features Compare||Paytm Money||ProStocks|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:10 PM||3:15PM|
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||ProStocks,NSE NOW|
|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 Trading App||Paytm Money App||ProStocks Mobile|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Paytm Money App Download||Andriod ProStocks Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Paytm Money App Download||iOS ProStocks Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Rs. 300/- PA||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|
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|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NPS and digital gold||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) - Paytm Money provide Bracket Orders (BO) where ProStocks doesn't offer.With the name its cleare 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 higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Paytm Money offers After Market Orders where ProStocks doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Paytm Money||ProStocks|
|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|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||0120-4770-440||+91-2262-434343|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|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,
Mumbai - 400063
Compare Paytm Money with ProStocks on research reports and tips provided by the broker.
Compare Paytm Money with ProStocks on Demat Service and Charges. This section covers about demat charges, demat service and other details
|DP ID||CDSL: 1208||83200|
|Demat Account Annual Maintenance Charges(AMC)||Nil||Free (₹1000 Refundable Deposit)|
|Advance Deposit||1000/- Refundable Deposit against charges|
|Transaction Charges on Debit (Per ISIN)||₹10 per ISIN||₹8 + ₹5.50 (CDSL Charges) Flat Fee for every transaction|
|Demat||₹250 per 100 shares||₹50 per set up + ₹50 courier charges|
|Remat||₹250 for 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|
Compare Paytm Money with ProStocks on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|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,
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
|Special Offers/Promo||Life Time Free Equity Delivery Trades + ₹0 account opening fee + ₹300 of free brokerage + Free Demat Account with Zero AMC||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||Enquire for Paytm Money||Enquire for ProStocks|
Last Updated on 2021-12-23T05:59:14+00:00
Free Delivery for Lifetime
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
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