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Prostocks Vs Paytm Money (Compare Prostocks and Paytm Money)


Prostocks Logo

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 trading plans. Average share trader save between 60% to 99% on brokerage through this plan. ProSto... Know more about Prostocks


Paytm Money Limited Logo

Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

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Prostocks Vs Paytm Money

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.

  Prostocks Paytm Money
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE NSE and BSE
Year of Incorporation 2016 2017
Number of Branches 1 1
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Prostocks Vs Paytm Money Charges & AMC

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

  Prostocks Paytm Money
Trading Account Opening Charges Rs 0 Rs 0
Trading Account AMC Charges Rs 0 Rs 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 0 (Lifetime Zero AMC) Rs 0 (Free)
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Prostocks Vs Paytm Money Brokerage Charges & Plans

Prostocks Vs Paytm Money Brokerage

Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 whereas Paytm Money brokerage charges for equity is Rs 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.

  Prostocks Paytm Money
Account Type Flat Rate Plan Standard Plan
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 15 Lower of 0.05% or Rs 10 per executed order
Equity Futures Rs 15 Rs 10 per executed order
Equity Options Rs 15 Rs 10 per executed order
Currency Futures Rs 15
Currency Options Rs 15
Commodity Futures NA
Commodity Options NA
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.
Special Offer: ₹0 account opening fee + ₹300 of free brokerage + Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades + ₹0 Demat AMC. Get the offer

Prostocks Vs Paytm Money Brokerage Plan 2

  Prostocks Paytm Money
Account Type Unlimited Equity Trading Plan Standard Plan
Fixed Charges Rs 899 NA
Equity Delivery Rs 0 Rs 0 (Free)
Equity Intraday Rs 0 Lower of 0.05% or Rs 10 per executed order
Equity Futures Rs 0 Rs 10 per executed order
Equity Options Rs 0 Rs 10 per executed order
Currency Futures NA
Currency Options NA
Commodity Futures NA
Commodity Options NA

Prostocks Vs Paytm Money Brokerage Plan 3

  Prostocks Paytm Money
Account Type Unlimited Currency Trading Plan Standard Plan
Fixed Charges Rs 499 NA
Equity Delivery NA Rs 0 (Free)
Equity Intraday NA Lower of 0.05% or Rs 10 per executed order
Equity Futures NA Rs 10 per executed order
Equity Options NA Rs 10 per executed order
Currency Futures Rs 0
Currency Options Rs 0
Commodity Futures NA
Commodity Options NA

Prostocks Charges Vs Paytm Money

Minimum Brokerage Rs 0 Rs 0.01 per executed order on Equity Delivery trades
Other Charges Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 0 (Free) Rs 300
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Prostocks Vs Paytm Money Transaction Charges

Prostocks transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium) while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  Prostocks Paytm Money
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%) Rs 190 per Cr (0.0019%)
Equity Options NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium) Rs 5,000 per Cr (0.05%)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity
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Prostocks Vs Paytm Money Leverage (Margin)

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.

  Prostocks Paytm Money
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up 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)
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Compare Prostocks and Paytm Money Features

The trading platforms offered Prostocks include ProStocks, NSE NOW. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Prostocks Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) No No
Margin Against Shares (Equity F&O) No No
Trading Platform ProStocks, NSE NOW Paytm Money mobile app, Paytm Money website
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM 3:15 PM
Other Features
Referral Program
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Prostocks Vs Paytm Money Review

Prostocks is rated 3.2 of 5 based on 36 customer reviews whereas Paytm Money is rated 3.4 of 5 based on 17 customer reviews.

  Prostocks Paytm Money
  36 Customer Reviews    Rate Prostocks 17 Customer Reviews    Rate Paytm Money
Fees 4.5 3.4
Brokerage 4.2 3.9
Trading Platform 2.8 3.6
Customer Service 3.1 2.5
Research Capabilities 2.2 3.2
Overall Ratings Rated 3.2 stars Rated 3.4 stars
Broker Rating Prostocks is rated 3.2 of 5 based on 36 customer reviews Paytm Money is rated 3.4 of 5 based on 17 customer reviews
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Contact Broker / Request A Call Back

  Prostocks Enquire Paytm Money Enquire
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. ₹0 account opening fee + ₹300 of free brokerage + Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades + ₹0 Demat AMC. Get the offer
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Prostocks Vs Paytm Money Investment Options

  Prostocks Paytm Money
Stock / Equity Yes Yes
Commodity No No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options NPS Retirement Fund, Digital Fund
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Prostocks Vs Paytm Money Order Type Offered

  Prostocks Paytm Money
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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Prostocks Vs Paytm Money Research Report

  Prostocks Paytm Money
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Prostocks Vs Paytm Money Suitable For Investor Type

  Prostocks Paytm Money
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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Prostocks Vs Paytm Money - Pros and Cons

  Prostocks Paytm 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).
  • Brokerage free equity delivery trading.
  • Low-cost trading charges.
  • 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 uses fee: Rs 300 per year.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews Useful articles about 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 10 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

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 alog trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

Free Equity Delivery Trades for Life and More...

  • ₹0 account opening fee +
  • ₹300 of free brokerage +
  • Brokerage-free Equity Delivery +
  • Flat ₹10 per trade for Intraday & F&O +
  • ₹0 Demat AMC

This is a limited-time offer. Open Instant Paytm Account online and start trading today.

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Prostocks Paytm Money
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