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

The brokerage of Sharekhan ranges between 0.1 to 0.5%, 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 Sharekhan is a full service broker. Overall rating for Sharekhan is 4, ProStocks is rated 4, Paytm Money is rated 4 out of 5.

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

Compare Sharekhan vs ProStocks vs Paytm Money on Service

  Sharekhan Compare
Sharekhan
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 Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation... Know more about Sharekhan 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 Sharekhan Request call back from Paytm Money Request call back from ProStocks
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Account Opening Charges and AMC

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

In this section we have compared Sharekhan 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 - Sharekhan charges Rs 400 PA (Free for 1st year)) 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 Sharekhan vs ProStocks vs Paytm Money
Charges Sharekhan 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 400 PA (Free for 1st year)) Rs 0 (Rs 1000 Refundable Deposit) Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Sharekhan vs ProStocks vs Paytm Money on Plan Options

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

Compare Sharekhan vs ProStocks vs Paytm Money on Plan Options
Plan Types Sharekhan 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

  Sharekhan Paytm Money ProStocks
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs ProStocks vs Paytm Moneyon Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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 Sharekhan vs ProStocks vs Paytm Money
Brokerage Charges Compare Sharekhan ProStocks Paytm Money
Plan Name Sharkehan Brokerage Plan Flat Fee Rs 15 Trading Plan Flat Brokerage Plan
Equity Delivery 0.30% Free 2.5% or Rs 20 whichever is lower
Equity Intraday 0.02% Flat Fee Rs 15 0.05% or Rs 20 whichever is lower
Equity Futures 0.02% Flat Fee Rs 15 0.02% or Rs 20 whichever is lower
Equity Options Rs 20 per lot Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures 0.02% Flat Fee Rs 15 NA
Currency Options Rs 5 per lot Flat Fee Rs 15 NA
Commodity Trading Rs 20 per lot NA NA
Minimum Brokerage Rs 20 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 Sharekhan Brokerage Calculator for ProStocks Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Sharekhan vs ProStocks vs Paytm Money on Transaction Charges

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

Transaction Charges - Compare Sharekhan vs ProStocks vs Paytm Money
Transaction Charges Compare Sharekhan 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 sharekhan Complete Brokerage Plans for prostocks Complete Brokerage Plans for paytm-money
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Account Features

Compare Sharekhan vs ProStocks vs Paytm Money on Account Features

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

Account Features - Sharekhan vs ProStocks vs Paytm Money
Account Features Compare Sharekhan ProStocks Paytm Money
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. No Sharekhan 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 Yes No No
Intraday Square-off Time 3:15PM 3:15PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare Sharekhan vs ProStocks vs Paytm Moneyon Trading Platform

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

https://www.sharekhan.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 Sharekhan Star ProStocks Paytm Money App
Mobile Trading App Demo Sharekhan Demo Star ProStocks Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Sharekhan Download Andriod Star ProStocks Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Sharekhan 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 Sharekhan Equity Intraday and Delivery Brokerage Calculator for ProStocks Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for ProStocks Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for prostocks Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Sharekhan vs ProStocks vs Paytm Money on User Rating

  Sharekhan ProStocks Paytm Money
  184 Customer Reviews    Rate Sharekhan 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 Sharekhan is Rated 3.6 / 5 based on 184 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 Sharekhan vs ProStocks vs Paytm Money on Investment Offerings

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

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

Compare Sharekhan vs ProStocks vs Paytm Money on Customer Service

Compare Sharekhan 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 Sharekhan vs ProStocks vs Paytm Money
Customer Service Compare Sharekhan 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 1800227500 +91-2262-434343 NA
Account Opening Process Offline Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.sharekhan.com/help/hello https://www.prostocks.com/faq.html https://www.paytmmoney.com/care
Head Office Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
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.sharekhan.com https://www.prostocks.com https://www.paytmmoney.com/
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Tips/Research/Reports Published

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

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

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

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

Demat Charges - Compare Sharekhan vs ProStocks vs Paytm Money
  Sharekhan ProStocks Paytm Money
DP Source CDSL CDSL CDSL
DP ID 36000 83200 88800
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free (₹1000 Refundable Deposit) Zero
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) 1000/- Refundable Deposit against charges Nil
Statutory charges Actual Stamp Paper Charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹20 per ISIN ₹10 per ISIN
Demat ₹5 per certificate (Min 50 per request) ₹50 per set up + ₹50 courier charges ₹250 per 100 shares
Remat ₹50 per certificate or ₹50 for every hundred securities ₹50 per set up + ₹50 courier charges ₹250 per 100 shares
Pledge Creation 0.03% (Min ₹100) ₹50 ₹32 per ISIN
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure Nil ₹50 ₹32 per ISIN
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation Nil ₹50 ₹32 per ISIN
Failed Instruction Charges Nil ₹50 per transaction Nil
Other Charges
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Special Offers,Advantages,Disadvantages

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

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

Compare Sharekhan vs ProStocks vs Paytm Money on Special Offers and Promotion
  Sharekhan ProStocks Paytm Money
Likes
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

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
  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • 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.
Enquire for Sharekhan Enquire for ProStocks Enquire for Paytm Money

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