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Prostocks Vs Paytm Money (Compare Prostocks and Paytm Money)

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 pl...

Prostocks Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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 ...

Paytm Money Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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 Account	Open Paytm Money Account

Prostocks Vs Paytm Money Charges & AMC

Prostocks trading account opening charges is Rs 0 (Free) 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 (Free)	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)

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 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is low.

Account Type	Prostocks Flat Rate Plan	Paytm Money Standard Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 0 (Free)	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Rs 15 per executed order	Rs 20 per executed order or 0.05% whichever is low
Equity Futures	Rs 15 per executed order	Rs 20 per executed order or 0.01% whichever is low
Equity Options	Rs 15 per executed order	Rs 20 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: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. 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 20 per executed order or 2.5% whichever is low
Equity Intraday	Rs 0	Rs 20 per executed order or 0.05% whichever is low
Equity Futures	Rs 0	Rs 20 per executed order or 0.01% whichever is low
Equity Options	Rs 0	Rs 20 per executed order
Currency Futures	NA
Currency Options	NA
Commodity Futures	NA
Commodity Options	NA
	Open Prostocks Account	Open 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 20 per executed order or 2.5% whichever is low
Equity Intraday	NA	Rs 20 per executed order or 0.05% whichever is low
Equity Futures	NA	Rs 20 per executed order or 0.01% whichever is low
Equity Options	NA	Rs 20 per executed order
Currency Futures	Rs 0
Currency Options	Rs 0
Commodity Futures	NA
Commodity Options	NA
	Open Prostocks Account	Open Paytm Money Account

Prostocks Charges Vs Paytm Money

Minimum Brokerage	Rs 0
Other Charges		Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier
Call & Trade Charges	Rs 0 (Free)	Rs 100

Prostocks Vs Paytm Money Transaction Charges

Prostocks transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Paytm Money exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	Prostocks	Paytm Money
Equity Delivery	NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 200 per Cr (0.002%) \| BSE Rs 0	BSE Rs 200 per Cr (0.002%)
Equity Options	NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	(on premium)
Commodity
	Open Prostocks Account	Open Paytm Money Account

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 Account	Open Paytm Money Account

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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?
Referral Program
Other Features
	Open Prostocks Account	Open Paytm Money Account

Prostocks Vs Paytm Money Review

Prostocks is rated 3.3 of 5 based on 41 customer reviews whereas Paytm Money is rated 3.2 of 5 based on 52 customer reviews.

	Prostocks	Paytm Money
	41 Customer Reviews	52 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Prostocks is rated 3.3 of 5 based on 41 customer reviews	Paytm Money is rated 3.2 of 5 based on 52 customer reviews

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.	Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer

Prostocks Vs Paytm Money Investment Options

	Prostocks	Paytm Money
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		NPS Retirement Fund, Digital Fund

Prostocks Vs Paytm Money Order Type Offered

	Prostocks	Paytm Money
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Prostocks Account	Open Paytm Money Account

Prostocks Vs Paytm Money Research Report

	Prostocks	Paytm Money
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Prostocks Vs Paytm Money Suitable For Investor Type

	Prostocks	Paytm Money
Casual Investor
Active Investor
Trader

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).	Flat rate brokerage fee (max Rs 20 per trade). 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 use fee: Rs 30 per month. No Margin trading facility. No Margin against shares. Commodity and Currency trading not available.
Reviews	ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market. ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds. The Top 10 Reasons to Trade with 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 15 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 Pay Rs 0 brokerage for first 15 days Pay flat ₹20 per executed order for Delivery, Intraday & F&O. This is a limited-time offer. Open Instant Paytm Account online and start trading today.
	Open Prostocks Account	Open Paytm Money Account

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