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Prostocks Vs Paytm Money (Compare Prostocks and Paytm Money)

Prostocks Logo

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

Paytm Money Limited Logo

About 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
Open Prostocks AccountOpen Paytm Money Account

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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 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 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 (Lifetime Zero AMC) Rs 0 (Free)

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Prostocks Vs Paytm Money Brokerage

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 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.

Account Type Prostocks Flat Rate Plan Paytm Money Standard Plan
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 15 per executed order Lower of 0.05% or Rs 10 per executed order
Equity Futures Rs 15 per executed order Rs 10 per executed order
Equity Options Rs 15 per executed order Rs 10 per executed order
Currency Futures Rs 15 per executed order
Currency Options Rs 15 per executed order
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: Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. 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
Open Prostocks AccountOpen Paytm Money Account

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
Open Prostocks AccountOpen Paytm Money Account

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 5,300 per Cr (0.053%) on premium.

  Prostocks Paytm Money
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 345 per Cr (0.00345%) | 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 345 per Cr (0.00345%) | 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 200 per Cr (0.002%)
Equity Options NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium) Rs 5,300 per Cr (0.053%) on premium
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
Open Prostocks AccountOpen Paytm Money Account

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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)
Open Prostocks AccountOpen Paytm Money Account

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Compare Prostocks and Paytm Money Features

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.

  Prostocks Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes 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 Star Mobile, ProStocks Star Web, ProStocks Star API Paytm Money mobile app, Paytm Money website
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM 3:15 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features
Open Prostocks AccountOpen Paytm Money Account

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Prostocks Vs Paytm Money Review

Prostocks is rated 3.3 of 5 based on 38 customer reviews whereas Paytm Money is rated 3.8 of 5 based on 33 customer reviews.

  Prostocks Paytm Money
  38 Customer Reviews    Rate Prostocks 33 Customer Reviews    Rate Paytm Money
Fees 4.6 3.6
Brokerage 4.3 4.1
Trading Platform 2.9 3.9
Customer Service 3.2 3.0
Research Capabilities 2.1 3.5
Overall Ratings Rated 3.3 stars Rated 3.8 stars
Broker Rating Prostocks is rated 3.3 of 5 based on 38 customer reviews Paytm Money is rated 3.8 of 5 based on 33 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. Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. 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 Yes 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) Yes No
Open Prostocks AccountOpen Paytm Money Account

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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

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.

Paytm Money Special Offer

Free Equity Delivery Trades for Life and More...

  • Brokerage-free Equity Delivery +
  • Flat ₹10 per trade for Intraday & F&O +

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

Open Prostocks AccountOpen Paytm Money Account

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