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Kotak Securities Vs ProStocks Vs Paytm Money: Which one is better?

The brokerage of Kotak Securities ranges between Rs. 20 per order, the brokerage of ProStocks ranges between Rs 15, while the brokerage of Paytm Money ranges between Rs 20. The broker ProStocks and Paytm Money are a discount brokers where Kotak Securities is a full service broker. Overall rating for Kotak Securities is 4, ProStocks is rated 4, Paytm Money is rated 4 out of 5.

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

Compare Kotak Securities vs ProStocks vs Paytm Money on Service

  Kotak Securities Compare
Kotak Securities
ProStocks Compare
ProStocks
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE NSE, BSE
Broker Overview Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... Know more about Kotak Securities 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 Kotak Securities Request call back from Paytm Money Request call back from ProStocks
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Account Opening Charges and AMC

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

In this section we have compared Kotak Securities 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 - Kotak Securities charges Rs 600 PA 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 Kotak Securities vs ProStocks vs Paytm Money
Charges Kotak Securities 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 Rs 600 PA Rs 0 (Rs 1000 Refundable Deposit) Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs ProStocks vs Paytm Money on Plan Options

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

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

Account Opening

  Kotak Securities Paytm Money ProStocks
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs ProStocks vs Paytm Moneyon Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

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 Kotak Securities vs ProStocks vs Paytm Money
Brokerage Charges Compare Kotak Securities ProStocks Paytm Money
Plan Name Kotak Securities Trade Free Plan Flat Fee Rs 15 Trading Plan Flat Brokerage Plan
Equity Delivery 0.25% Free 2.5% or Rs 20 whichever is lower
Equity Intraday Free Flat Fee Rs 15 0.05% or Rs 20 whichever is lower
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15 0.02% or Rs 20 whichever is lower
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15 NA
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15 NA
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre NA NA
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No No
Call & Trade Charges 20 calls free and after that Rs 20 per call Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 100/order +GST
Auto Square off Charges 20 calls free and after that Rs 20 per call Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for ProStocks Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Kotak Securities vs ProStocks vs Paytm Money on Transaction Charges

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

Transaction Charges - Compare Kotak Securities vs ProStocks vs Paytm Money
Transaction Charges Compare Kotak Securities 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 360 Per Cr | Agri: Rs 275 Per Cr NA NA
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for prostocks Complete Brokerage Plans for paytm-money
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Account Features

Compare Kotak Securities vs ProStocks vs Paytm Money on Account Features

Compare Kotak Securities 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 - Kotak Securities offers 3-in-1 Account where ProStocks and Paytm Money offers only 2-in-1 account which includes trading and demat account. Margin Funding - Kotak Securities offers margin funding where ProStocks and Paytm Money doesn't offers margin funding. NRI Trading - Kotak Securities and ProStocks offers NRI Trading where Paytm Money doesn't offers NRI Trading.

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

Compare Kotak Securities vs ProStocks vs Paytm Moneyon Trading Platform

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

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

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 Kotak Neo Star ProStocks Paytm Money App
Mobile Trading App Demo Kotak Neo Demo Star ProStocks Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Kotak Neo Download Andriod Star ProStocks Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Kotak Neo Download iOS Star ProStocks 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 Kotak Securities Equity Intraday and Delivery Brokerage Calculator for ProStocks Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for ProStocks Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for prostocks Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Kotak Securities vs ProStocks vs Paytm Money on User Rating

  Kotak Securities ProStocks Paytm Money
  82 Customer Reviews    Rate Kotak Securities 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 Kotak Securities is Rated 2.8 / 5 based on 82 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 Kotak Securities vs ProStocks vs Paytm Money on Investment Offerings

Compare Kotak Securities 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 - Kotak Securities offers Commodity Trading where ProStocks and Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - Kotak Securities and Paytm Money offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Kotak Securities offers PMS facility where ProStocks and Paytm Money doesn't offers PMS facility.

Investment Offerings - Compare Kotak Securities vs ProStocks vs Paytm Money
Investment Offerings Compare Kotak Securities 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 Yes No No
Insurance Yes No Yes
Forex No No No
MF SIP Investment Yes No Yes
Equity SIP Investment Yes No Yes
PMS Service Yes No No
Other Investment Options NIL NIL
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Customer Service Offered

Compare Kotak Securities vs ProStocks vs Paytm Money on Customer Service

Compare Kotak Securities 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 Kotak Securities vs ProStocks vs Paytm Money
Customer Service Compare Kotak Securities 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 Yes No No
Through Branches Yes No No
Customer Care Number 1800 209 9191 +91-2262-434343 NA
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.prostocks.com/faq.html https://www.paytmmoney.com/care
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
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.kotaksecurities.com https://www.prostocks.com https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Kotak Securities vs ProStocks vs Paytm Money on Research Reports, Tips

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

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

Compare Kotak Securities vs ProStocks vs Paytm Money on Demat Account

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

Demat Charges - Compare Kotak Securities vs ProStocks vs Paytm Money
  Kotak Securities ProStocks Paytm Money
DP Source CDSL CDSL CDSL
DP ID 25100 83200 88800
Demat Account Annual Maintenance Charges(AMC) ₹780 pa Free (₹1000 Refundable Deposit) Zero
Advance Deposit NA 1000/- Refundable Deposit against charges Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹20 per ISIN ₹10 per ISIN
Demat ₹3 per certificate + ₹50 courier charges ₹50 per set up + ₹50 courier charges ₹250 per 100 shares
Remat ₹10 for every hundred securities (Min ₹15) ₹50 per set up + ₹50 courier charges ₹250 per 100 shares
Pledge Creation 0.05% of transaction value (Min ₹30) ₹50 ₹32 per ISIN
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹50 ₹32 per ISIN
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹50 ₹32 per ISIN
Failed Instruction Charges Nil ₹50 per transaction Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs ProStocks vs Paytm Money on Special Offers and Promotion

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

Compare Kotak Securities vs ProStocks vs Paytm Money on Special Offers and Promotion
  Kotak Securities ProStocks Paytm Money
Likes
  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

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
  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

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 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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