Groww Vs Paytm Money Vs ProStocks: Which one is better?

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

Here we present side-by-side comparison of Groww vs Paytm Money vs ProStocks stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Groww vs Paytm Money vs ProStocks 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 Groww vs Paytm Money vs ProStocks in this setion with 360 degree view of broker information.

Compare 2 Brokers

Compare Groww vs Paytm Money vs ProStocks on Service

	Groww	Paytm Money	ProStocks
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	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...	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 & ...	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...
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Account Opening Charges and AMC

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

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

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

About Brokerage Plans

Compare Groww vs Paytm Money vs ProStocks on Plan Options

Plans are the most important feature you look when compare Groww vs Paytm Money vs ProStocks. 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 Groww vs Paytm Money vs ProStocks on Plan Options
Plan Types	Groww	Paytm Money	ProStocks
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Zerodha	Paytm Money	ProStocks
Account Opening Request	Open Zerodha Account Now>>	Open Paytm Money Account Now>>	Open ProStocks Account Now>>

Brokerage Charges

Compare Groww vs Paytm Money vs ProStockson Brokerage Charges

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.

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.

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

Share Broker's Transaction Charges

Compare Groww vs Paytm Money vs ProStocks on Transaction Charges

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

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

Account Features

Compare Groww vs Paytm Money vs ProStocks on Account Features

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

Account Features - Groww vs Paytm Money vs ProStocks
Account Features Compare	Groww	Paytm Money	ProStocks
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:10 PM	3:10 PM	3:15PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare Groww vs Paytm Money vs ProStockson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Groww vs Paytm Money vs ProStocks. 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 Groww vs Paytm Money vs ProStocks
Trading Platform Compare	Groww	Paytm Money	ProStocks
Desktop Trading Platform	Groww App	Paytm Money	Star ProStocks
Desktop Demo	Info Not Available	Info Not Available	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	Yes	Paytm Money Web	https://www.prostocksweb.com/
Web Trading Demo	Info Not Available	Web Trading Demo	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	Groww App	Paytm Money App	Star ProStocks
Mobile Trading App Demo	Info Not Available	Paytm Money App Demo	Info Not Available
Android Mobile App
Android App Download	Andriod Groww App Download	Andriod Paytm Money App Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS Groww App Download	iOS Paytm Money App Download	iOS Star ProStocks Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Rs. 30 per month	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Groww	Equity Intraday and Delivery Brokerage Calculator for Paytm Money	Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator	Futures Brokerage Calculator for Groww	Futures Brokerage Calculator for Paytm Money	Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator	Options Brokerage Calculator for Groww	Options Brokerage Calculator for Paytm Money	Options Brokerage Calculator for ProStocks
Detail	Detail on Trading Platforms for groww	Detail on Trading Platforms for paytm-money	Detail on Trading Platforms for prostocks

Broker Ratings by Users

Compare Groww vs Paytm Money vs ProStocks on User Rating

	Groww	Paytm Money	ProStocks
	8 Customer Reviews	6 Customer Reviews	4 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Groww is Rated 4.3 / 5 based on 8 customer reviews	Paytm Money is Rated 3.0 / 5 based on 6 customer reviews	ProStocks is Rated 4.5 / 5 based on 4 customer reviews

Investment Offerings

Compare Groww vs Paytm Money vs ProStocks on Investment Offerings

Compare Groww vs Paytm Money vs ProStocks 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 Groww vs Paytm Money vs ProStocks
Investment Offerings Compare	Groww	ProStocks
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL

Order Types

Compare Groww vs Paytm Money vs ProStocks on Order Types

Order Type - Compare Groww vs Paytm Money vs ProStocks on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Paytm Money and ProStocks provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Paytm Money and ProStocks provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Paytm Money and ProStocks AMO facility where Groww doesn't provides AMO. GTC Orders - Paytm Money and ProStocks offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.

Order Types - Compare Groww vs Paytm Money vs ProStocks
Order Type Compare	Groww	Paytm Money	ProStocks
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Groww vs Paytm Money vs ProStocks on Customer Service

Compare Groww vs Paytm Money vs ProStocks 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 Groww vs Paytm Money vs ProStocks
Customer Service Compare	Groww	Paytm Money	ProStocks
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	9108800604	Info Not Available	+91-2262-434343
Account Opening Process	Online	Online/Paperless	Online/Paperless
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://groww.in/academy	https://www.paytmmoney.com/care	https://www.prostocks.com/faq.html
Head Office Address	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	Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063
Website	https://groww.in/	https://www.paytmmoney.com/	https://www.prostocks.com

Tips/Research/Reports Published

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

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

Research Reports - Compare Groww vs Paytm Money vs ProStocks
	Groww	Paytm Money	ProStocks
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Groww vs Paytm Money vs ProStocks on Demat Account

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

Demat Charges - Compare Groww vs Paytm Money vs ProStocks
	Groww	Paytm Money	ProStocks
DP Source	CDSL	CDSL	CDSL
DP ID	No	12088800	83200
Demat Account Annual Maintenance Charges(AMC)	Zero	Zero	Free (₹1000 Refundable Deposit)
Advance Deposit	Nil	Nil	1000/- Refundable Deposit against charges
Statutory charges	Legal Charges	Nil	Nil
Transaction Charges on Debit (Per ISIN)	₹8 + ₹5.50 CDSL charges	₹10 per ISIN	₹20 per ISIN
Demat	₹150 per certificate + courier charges	₹250 per 100 shares	₹50 per set up + ₹50 courier charges
Remat	₹150 per certificate + courier charges	₹250 per 100 shares	₹50 per set up + ₹50 courier charges
Pledge Creation	₹20 + Rs. 12 per request (CDSL Charges)	₹32 per ISIN	₹50
Pledge Creation Confirmation	₹20 + Rs. 12 per request (CDSL Charges)	Nil	Nil
Pledge Closure	₹20 + Rs. 12 per request (CDSL Charges)	₹32 per ISIN	₹50
Pledge Closure Confirmation	₹20 + Rs. 12 per request (CDSL Charges)	Nil	Nil
Pledge Invocation	₹20 + Rs. 12 per request (CDSL Charges)	₹32 per ISIN	₹50
Failed Instruction Charges	₹50	Nil	₹50 per transaction
Other Charges	Nil	Nil	Nil

Special Offers,Advantages,Disadvantages

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

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

Compare Groww vs Paytm Money vs ProStocks on Special Offers and Promotion
	Groww	Paytm Money	ProStocks
Pay In and Pay Out Options	pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww Pay-out/Fund Withdrawal - Bank Transfer only	Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking Pay-out/Fund Withdrawal - Bank Transfer only	Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application. Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time	Max 24 hrs except bank holidays	Max 24 hrs except bank holidays	Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges	Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.	Paytm Money allows 190+ Banks.	Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail	Info Not Available	Info Not Available	SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060
Likes	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...	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...
Dislikes	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...	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...
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 Groww	Enquire for Paytm Money	Enquire for ProStocks

Last Updated on 2024-01-05T04:04:35+00:00