FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Finvasia Vs ProStocks Vs Paytm Money: Which one is better?

The brokerage of Finvasia ranges between Rs 0, the brokerage of ProStocks ranges between Rs 15, while the brokerage of Paytm Money ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Finvasia is 4, ProStocks is rated 4, Paytm Money is rated 4 out of 5.

Here we present side-by-side comparison of Finvasia vs ProStocks vs Paytm Money stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs ProStocks vs Paytm Money on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Finvasia vs ProStocks vs Paytm Money in this setion with 360 degree view of broker information.

Compare Finvasia vs ProStocks vs Paytm Money on Service

  Finvasia Compare
Finvasia
ProStocks Compare
ProStocks
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE NSE, BSE
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an...Know more about ProStocks In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Paytm Money Request call back from ProStocks
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Account Opening Charges and AMC

Compare Finvasia vs ProStocks vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared Finvasia vs ProStocks vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Finvasia charges Free as AMC for Demat account, ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia vs ProStocks vs Paytm Money
Charges Finvasia ProStocks Paytm Money
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free Free
Demat AMC Free Rs 0 (Rs 1000 Refundable Deposit) Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Finvasia vs ProStocks vs Paytm Money on Plan Options

Plans are the most important feature you look when compare Finvasia vs ProStocks vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks offers Multiple Plans where Finvasia and Paytm Money doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where Finvasia and Paytm Money doesn't offer.

Compare Finvasia vs ProStocks vs Paytm Money on Plan Options
Plan Types Finvasia ProStocks Paytm Money
Multiple Plans No Yes No
Monthly Plans No Yes No
Yearly Plans No Yes No
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Account Opening Request

Account Opening

  Zerodha Paytm Money ProStocks
Account Opening Request
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Brokerage Charges

Compare Finvasia vs ProStocks vs Paytm Moneyon Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at 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.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare Finvasia vs ProStocks vs Paytm Money
Brokerage Charges Compare Finvasia ProStocks Paytm Money
Plan Name Zero Brokerage Trading Plan Flat Fee Rs 15 Trading Plan Flat Brokerage Plan
Equity Delivery Rs 0 Free 2.5% or Rs 20 whichever is lower
Equity Intraday Rs 0 Flat Fee Rs 15 0.05% or Rs 20 whichever is lower
Equity Futures Rs 0 Flat Fee Rs 15 0.02% or Rs 20 whichever is lower
Equity Options Rs 0 Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures Rs 0 Flat Fee Rs 15 NA
Currency Options Rs 0 Flat Fee Rs 15 NA
Commodity Trading Rs 0 NA NA
Minimum Brokerage NA NA
Hidden Charges No No
Call & Trade Charges Free Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 100/order +GST
Auto Square off Charges Free Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for ProStocks Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Finvasia vs ProStocks vs Paytm Money on Transaction Charges

Compare Finvasia vs ProStocks vs Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia vs ProStocks vs Paytm Money
Transaction Charges Compare Finvasia ProStocks Paytm Money
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA NA
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for prostocks Complete Brokerage Plans for paytm-money
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Account Features

Compare Finvasia vs ProStocks vs Paytm Money on Account Features

Compare Finvasia vs ProStocks vs Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - All 3 brokers dont have margin funing facility. NRI Trading - Finvasia and ProStocks offers NRI Trading where Paytm Money doesn't offers NRI Trading.

Account Features - Finvasia vs ProStocks vs Paytm Money
Account Features Compare Finvasia ProStocks Paytm Money
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account. No Paytm Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes No
SMS Alerts No Yes No
Online Demo Yes Yes No
Online Portfolio Yes No Yes
Margin Trading Funding Available No No No
Combined Ledger for Equity and Commodity Yes No No
Intraday Square-off Time 3:15 PM 3:15PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare Finvasia vs ProStocks vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs ProStocks vs Paytm Money. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Finvasia vs ProStocks vs Paytm Money
Trading Platform Compare Finvasia ProStocks Paytm Money
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://trade.finvasia.com/

https://www.prostocksweb.com/

Paytm Money Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App SCALPERT Star ProStocks Paytm Money App
Mobile Trading App Demo SCALPERT Demo Star ProStocks Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod SCALPERT Download Andriod Star ProStocks Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download Info Not Available iOS Star ProStocks Download iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for ProStocks Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for ProStocks Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for prostocks Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Finvasia vs ProStocks vs Paytm Money on User Rating

  Finvasia ProStocks Paytm Money
  17 Customer Reviews    Rate Finvasia 20 Customer Reviews    Rate ProStocks 20 Customer Reviews    Rate Paytm Money
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews ProStocks is Rated 0.9 / 5 based on 20 customer reviews Paytm Money is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare Finvasia vs ProStocks vs Paytm Money on Investment Offerings

Compare Finvasia vs ProStocks vs Paytm Money 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Finvasia offers Commodity Trading where ProStocks and Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - Finvasia and Paytm Money offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare Finvasia vs ProStocks vs Paytm Money
Investment Offerings Compare Finvasia ProStocks Paytm Money
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity Yes No No
Online IPO Application Yes No Yes
Mutual Funds Yes No Yes
Bond / NCD Yes No No
ETF Yes Yes Yes
Banking No No No
Insurance No No Yes
Forex No No No
MF SIP Investment Yes No Yes
Equity SIP Investment No No Yes
PMS Service No No No
Other Investment Options NIL NIL
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Customer Service Offered

Compare Finvasia vs ProStocks vs Paytm Money on Customer Service

Compare Finvasia vs ProStocks vs Paytm Money on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Finvasia vs ProStocks vs Paytm Money
Customer Service Compare Finvasia ProStocks Paytm Money
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes Yes No
Toll Free Number No No No
Through Branches No No No
Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 +91-2262-434343 NA
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected]/[email protected] [email protected] [email protected]
Knowledge Center/Education https://finvasia.com/announcements https://www.prostocks.com/faq.html https://www.paytmmoney.com/care
Head Office Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://www.finvasia.com/ https://www.prostocks.com https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Finvasia vs ProStocks vs Paytm Money on Research Reports, Tips

Compare Finvasia vs ProStocks vs Paytm Money on research reports and tips provided by broker.

Research Reports - Compare Finvasia vs ProStocks vs Paytm Money
  Finvasia ProStocks Paytm Money
Research Mutual Funds No No No
Research Equity Reports No No No
Research ETF No No No
Daily Market Report No No No
Free Tips No No No
Quarterly Result Analysis No No No
News Alerts No No No
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Demat Account

Compare Finvasia vs ProStocks vs Paytm Money on Demat Account

Compare Finvasia vs ProStocks vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Finvasia vs ProStocks vs Paytm Money
  Finvasia ProStocks Paytm Money
DP Source CDSL CDSL CDSL
DP ID 84300 83200 88800
Demat Account Annual Maintenance Charges(AMC) Free Free (₹1000 Refundable Deposit) Zero
Advance Deposit Rs 0 1000/- Refundable Deposit against charges Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹20 per ISIN ₹10 per ISIN
Demat ₹15 per certificate ₹50 per set up + ₹50 courier charges ₹250 per 100 shares
Remat ₹15 for every hundred securities + CDSL Charges ₹50 per set up + ₹50 courier charges ₹250 per 100 shares
Pledge Creation ₹25 per transaction ₹50 ₹32 per ISIN
Pledge Creation Confirmation NIL Nil Nil
Pledge Closure ₹25 per transaction ₹50 ₹32 per ISIN
Pledge Closure Confirmation NIL Nil Nil
Pledge Invocation ₹19 per transaction ₹50 ₹32 per ISIN
Failed Instruction Charges ₹49 ₹50 per transaction Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs ProStocks vs Paytm Money on Special Offers and Promotion

Compare Finvasia vs ProStocks vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs ProStocks vs Paytm Money on Special Offers and Promotion
  Finvasia ProStocks Paytm Money
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

Detail Review...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. 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.
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