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

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

Here we present side-by-side comparison of ProStocks vs Groww 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 ProStocks vs Groww 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 ProStocks vs Groww vs Paytm Money in this setion with 360 degree view of broker information.

Compare ProStocks vs Groww vs Paytm Money on Service

  ProStocks Compare
ProStocks
Groww Compare
Groww
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 NSE, BSE NSE, BSE NSE, BSE
Broker Overview 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 Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...Know more about Groww 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 ProStocks vs Groww vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared ProStocks vs Groww 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 - ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) as AMC for Demat account, Groww charges Free AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ProStocks vs Groww vs Paytm Money
Charges ProStocks Groww 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 Rs 0 (Rs 1000 Refundable Deposit) Free Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare ProStocks vs Groww vs Paytm Money on Plan Options

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

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

Account Opening

  Zerodha Paytm Money ProStocks
Account Opening Request
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Brokerage Charges

Compare ProStocks vs Groww vs Paytm Moneyon Brokerage Charges

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.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

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 ProStocks vs Groww vs Paytm Money
Brokerage Charges Compare ProStocks Groww Paytm Money
Plan Name Flat Fee Rs 15 Trading Plan Flat Brokerage Plan Flat Brokerage Plan
Equity Delivery Free 0.05% or Rs 20 whichever is lower 2.5% or Rs 20 whichever is lower
Equity Intraday Flat Fee Rs 15 0.05% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 15 Flat Fee Rs 20 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 15 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Fee Rs 15 Not Available NA
Currency Options Flat Fee Rs 15 Not Available NA
Commodity Trading NA Not Available NA
Minimum Brokerage NA
Hidden Charges No Info Not Available
Call & Trade Charges Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50 Per Executable Order Rs 100/order +GST
Auto Square off Charges Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50 Per Executable Order Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for ProStocks Brokerage Calculator for Groww Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare ProStocks vs Groww vs Paytm Money on Transaction Charges

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

Transaction Charges - Compare ProStocks vs Groww vs Paytm Money
Transaction Charges Compare ProStocks Groww 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 NA NA NA
Brokerage Charges Complete Brokerage Plans for prostocks Complete Brokerage Plans for groww Complete Brokerage Plans for paytm-money
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Account Features

Compare ProStocks vs Groww vs Paytm Money on Account Features

Compare ProStocks vs Groww 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 - Groww offers margin funding where ProStocks and Paytm Money doesn't offers margin funding. NRI Trading - ProStocks offers NRI Trading where Groww and Paytm Money doesn't offers NRI Trading.

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

Compare ProStocks vs Groww vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ProStocks vs Groww 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 ProStocks vs Groww vs Paytm Money
Trading Platform Compare ProStocks Groww Paytm Money
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.prostocksweb.com/

Yes

Paytm Money Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Star ProStocks Groww App Paytm Money App
Mobile Trading App Demo Star ProStocks Demo Groww App Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Star ProStocks Download Andriod Groww App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Star ProStocks Download iOS Groww App Download iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ProStocks Equity Intraday and Delivery Brokerage Calculator for Groww Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for Groww Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for ProStocks Options Brokerage Calculator for Groww Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for prostocks Detail on Trading Platforms for groww Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare ProStocks vs Groww vs Paytm Money on User Rating

  ProStocks Groww Paytm Money
  20 Customer Reviews    Rate ProStocks 20 Customer Reviews    Rate Groww 20 Customer Reviews    Rate Paytm Money
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating ProStocks is Rated 0.9 / 5 based on 20 customer reviews Groww is Rated 1.7 / 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 ProStocks vs Groww vs Paytm Money on Investment Offerings

Compare ProStocks vs Groww 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 - All 3 brokers doesn't offer Commodity Trading facility. Online Mutual Fund Investment - Groww 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 ProStocks vs Groww vs Paytm Money
Investment Offerings Compare ProStocks Groww Paytm Money
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes No No
Commodity No No No
Online IPO Application No Yes Yes
Mutual Funds No Yes Yes
Bond / NCD No No No
ETF Yes Yes Yes
Banking No No No
Insurance No No Yes
Forex No No No
MF SIP Investment No Yes 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 ProStocks vs Groww vs Paytm Money on Customer Service

Compare ProStocks vs Groww 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 ProStocks vs Groww vs Paytm Money
Customer Service Compare ProStocks Groww Paytm Money
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes No
Toll Free Number No No No
Through Branches No No No
Customer Care Number +91-2262-434343 9108800604 NA
Account Opening Process Online/Paperless Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.prostocks.com/faq.html https://groww.in/academy https://www.paytmmoney.com/care
Head Office Address Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://www.prostocks.com https://groww.in/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

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

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

Research Reports - Compare ProStocks vs Groww vs Paytm Money
  ProStocks Groww 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 ProStocks vs Groww vs Paytm Money on Demat Account

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

Demat Charges - Compare ProStocks vs Groww vs Paytm Money
  ProStocks Groww Paytm Money
DP Source CDSL CDSL CDSL
DP ID 83200 88700 88800
Demat Account Annual Maintenance Charges(AMC) Free (₹1000 Refundable Deposit) Zero Zero
Advance Deposit 1000/- Refundable Deposit against charges Nil Nil
Statutory charges Nil Legal Charges Nil
Transaction Charges on Debit (Per ISIN) ₹20 per ISIN ₹8 + ₹5.50 CDSL charges ₹10 per ISIN
Demat ₹50 per set up + ₹50 courier charges ₹150 per certificate + courier charges ₹250 per 100 shares
Remat ₹50 per set up + ₹50 courier charges ₹150 per certificate + courier charges ₹250 per 100 shares
Pledge Creation ₹50 ₹20 + Rs. 12 per request (CDSL Charges) ₹32 per ISIN
Pledge Creation Confirmation Nil ₹20 + Rs. 12 per request (CDSL Charges) Nil
Pledge Closure ₹50 ₹20 + Rs. 12 per request (CDSL Charges) ₹32 per ISIN
Pledge Closure Confirmation Nil ₹20 + Rs. 12 per request (CDSL Charges) Nil
Pledge Invocation ₹50 ₹20 + Rs. 12 per request (CDSL Charges) ₹32 per ISIN
Failed Instruction Charges ₹50 per transaction ₹50 Nil
Other Charges
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Special Offers,Advantages,Disadvantages

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

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

Compare ProStocks vs Groww vs Paytm Money on Special Offers and Promotion
  ProStocks Groww Paytm Money
Likes
  • 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...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

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
  • 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...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

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 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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