Prostocks Vs Paytm Money (Compare Prostocks and Paytm Money)

The side-by-side comparison of Prostocks and Paytm Money. Compare Prostocks Vs Paytm Money brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Prostocks vs Paytm Money?


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
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

Expand

Prostocks Vs Paytm Money

Incorporated in , 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
Supported Exchnages BSE, NSE NSE and BSE
Account Type Flat Rate Plan Standard Plan
Year of Incorporation 2017
Number of Branches 1 1
Broker Enquiry Open an Online Trading Account with Prostocks. Leave your contact info and we will get in touch with you.
Expand

Prostocks Vs Paytm Money Charges & AMC

Prostocks trading account opening charges is Rs 0 while Paytm Money account opening changes is Rs 200. 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 200
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 0 (Lifetime Zero AMC) Rs 0 (Free)
Expand

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 Brokerage Rs 0 (Free) Rs 0 (Free)
Equity Intraday Brokerage Rs 15 Lower of 0.05% or Rs 10 per executed order
Equity Futures Brokerage Rs 15 Rs 10 per executed order
Equity Options Brokerage Rs 15 Rs 10 per executed order
Currency Futures Trading Brokerage Rs 15
Currency Options Trading Brokerage Rs 15
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA
Special Offer
Special Offer: Get lifetime AMC free Demat Account with Rs 0 account opening fee. Rs 0 Brokerage on Equity Delivery. Flat Rs 15/trade for Intraday and F&O. Request a Callback
Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 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 Brokerage Rs 0 Rs 0 (Free)
Equity Intraday Brokerage Rs 0 Lower of 0.05% or Rs 10 per executed order
Equity Futures Brokerage Rs 0 Rs 10 per executed order
Equity Options Brokerage Rs 0 Rs 10 per executed order
Currency Futures Trading Brokerage NA
Currency Options Trading Brokerage NA
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage 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 Brokerage NA Rs 0 (Free)
Equity Intraday Brokerage NA Lower of 0.05% or Rs 10 per executed order
Equity Futures Brokerage NA Rs 10 per executed order
Equity Options Brokerage NA Rs 10 per executed order
Currency Futures Trading Brokerage Rs 0
Currency Options Trading Brokerage Rs 0
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Prostocks Charges Vs Paytm Money

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

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
Expand

Prostocks Vs Paytm Money Leverage (Margin)

Prostocks provides the margin of 7x (Margin intraday sq off) for intraday trades whereas the Paytm Money margin for intraday cash is Up to 7.5x (based on the stock).

  Prostocks Paytm Money
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday 7x (Margin intraday sq off) Up to 7.5x (based on the stock)
Equity Futures 2x Intra-day: 3x | Carry forward: 1x (no margin)
Equity Options 1x (no margin) Intra-day (Options Sell): 3x | Carry forward: 1x (no margin)
Currency Futures 1.5x
Currency Options 1x (no margin)
Commodity Futures
Commodity Options
Expand

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 Available 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
Expand

Prostocks Vs Paytm Money Review

Prostocks is rated 3.3 of 5 based on 30 customer reviews whereas Paytm Money is rated 3.2 of 5 based on 9 customer reviews.

  Prostocks Paytm Money
  30 Customer Reviews    Rate Prostocks 9 Customer Reviews    Rate Paytm Money
Fees 4.6 3.4
Trading Brokerage 4.4 3.7
Trading Platform Usability 2.9 3.4
Customer Service 3.2 2.3
Research Capabilities 3.0 2.9
Overall Ratings Rated 3.3 stars Rated 3.2 stars
Broker Rating Prostocks is rated 3.3 of 5 based on 30 customer reviews Paytm Money is rated 3.2 of 5 based on 9 customer reviews
Expand

Contact Broker / Request A Call Back

  Prostocks Enquire Paytm Money Enquire
Contact Broker

Get lifetime AMC free Demat Account with Rs 0 account opening fee. Rs 0 Brokerage on Equity Delivery. Flat Rs 15/trade for Intraday and F&O. Request a Callback

Expand

Prostocks Vs Paytm Money Investment Options

  Prostocks Paytm Money
Stock / Equity Yes Yes
Commodity No No
Currency Yes No
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options NPS Retirement Fund, Digital Fund
Expand

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
Expand

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
Expand

Prostocks Vs Paytm Money Suitable For Investor Type

  Prostocks Paytm Money
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
Expand

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.
  • Charges for the usage of trading platforms.
  • 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
  • Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • FREE Trading and Demat Account Opening

This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.

Free Equity Delivery Trading

Get free equity delivery trading (no brokerage) and pay flat Rs 10 brokerage for Intraday and F&O trades. Rs 0 AMC for your demat account. To open an account with Paytm Money, simply Open Online Account or request a callback.

Compare More Brokers...

Prostocks Paytm Money
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App