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

The brokerage of Reliance Securities ranges between 0.05 - 0.50%, the brokerage of Paytm Money ranges between Rs 20, while the brokerage of ProStocks ranges between Rs 15. The broker Paytm Money and ProStocks are a discount brokers where Reliance Securities is a full service broker. Overall rating for Reliance Securities is 3.5, Paytm Money is rated 4, ProStocks is rated 4 out of 5.

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

Compare Reliance Securities vs Paytm Money vs ProStocks on Service

  Reliance Securities Compare
Reliance Securities
Paytm Money Compare
Paytm Money
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE NSE, BSE NSE, BSE
Broker Overview Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ... Know more about Reliance Securities 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 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
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 Reliance Securities vs Paytm Money vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared Reliance Securities vs Paytm Money vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Paytm Money and ProStocks offer Free account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) 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 Reliance Securities vs Paytm Money vs ProStocks
Charges Reliance Securities Paytm Money ProStocks
Trading Account Opening Fees Rs 950 Free Free
Trading AMC Free Rs 30 per month (Platform fees) Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Free Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Reliance Securities vs Paytm Money vs ProStocks on Plan Options

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

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

Account Opening

  Zerodha Paytm Money ProStocks
Account Opening Request
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Brokerage Charges

Compare Reliance Securities vs Paytm Money vs ProStockson Brokerage Charges

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

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 Reliance Securities vs Paytm Money vs ProStocks
Brokerage Charges Compare Reliance Securities Paytm Money ProStocks
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Flat Brokerage Plan Flat Fee Rs 15 Trading Plan
Equity Delivery 0.50% 2.5% or Rs 20 whichever is lower Free
Equity Intraday 0.05% 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures 0.05% 0.02% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Options Rs 100 Per Lot Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.05% NA Flat Fee Rs 15
Currency Options Rs 100 Per Lot NA Flat Fee Rs 15
Commodity Trading Future: 0.05%| Options: Rs 100 per lot NA NA
Minimum Brokerage 5 paise per share NA
Hidden Charges No No
Funding Yes - 18% interest PA Info Not Available No
Call & Trade Charges Rs 20 per call (Free First 20 call per month) Rs 100/order +GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. Rs 50/order + GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for Paytm Money Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Reliance Securities vs Paytm Money vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Reliance Securities vs Paytm Money vs ProStocks
Transaction Charges Compare Reliance Securities 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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA NA
Brokerage Charges Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for paytm-money Complete Brokerage Plans for prostocks
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Account Features

Compare Reliance Securities vs Paytm Money vs ProStocks on Account Features

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

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

Compare Reliance Securities vs Paytm Money vs ProStockson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities 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 Reliance Securities vs Paytm Money vs ProStocks
Trading Platform Compare Reliance Securities Paytm Money ProStocks
Desktop Trading Platform InstaXpress Paytm Money Star ProStocks
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

http://tick.rsec.co.in/

Paytm Money Web

https://www.prostocksweb.com/

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App TICK PRO Paytm Money App Star ProStocks
Mobile Trading App Demo TICK PRO Demo Paytm Money App Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod TICK PRO Download Andriod Paytm Money App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS TICK PRO Download iOS Paytm Money App Download iOS Star ProStocks Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Rs. 30 per month Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Equity Intraday and Delivery Brokerage Calculator for Paytm Money Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Paytm Money Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Paytm Money Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for paytm-money Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Reliance Securities vs Paytm Money vs ProStocks on User Rating

  Reliance Securities Paytm Money ProStocks
  52 Customer Reviews    Rate Reliance Securities 6 Customer Reviews    Rate Paytm Money 4 Customer Reviews    Rate ProStocks
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 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
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Investment Offerings

Compare Reliance Securities vs Paytm Money vs ProStocks on Investment Offerings

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

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

Compare Reliance Securities vs Paytm Money vs ProStocks on Order Types

Order Type - Compare Reliance Securities 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) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Paytm Money and ProStocks offers Good Till Cancelled (GTC) orders facility where Reliance Securities doesn't provides GTC.

Order Types - Compare Reliance Securities vs Paytm Money vs ProStocks
Order Type Compare Reliance Securities Paytm Money ProStocks
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled No Yes Yes
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Customer Service Offered

Compare Reliance Securities vs Paytm Money vs ProStocks on Customer Service

Compare Reliance Securities 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 Reliance Securities vs Paytm Money vs ProStocks
Customer Service Compare Reliance Securities Paytm Money ProStocks
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes No Yes
Toll Free Number Yes No No
Through Branches Yes No No
Customer Care Number 022 41596000 | 022 62436000 Info Not Available +91-2262-434343
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://www.paytmmoney.com/care https://www.prostocks.com/faq.html
Head Office Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
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://www.reliancesmartmoney.com https://www.paytmmoney.com/ https://www.prostocks.com
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Tips/Research/Reports Published

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

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

Research Reports - Compare Reliance Securities vs Paytm Money vs ProStocks
  Reliance Securities Paytm Money ProStocks
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 Reliance Securities vs Paytm Money vs ProStocks on Demat Account

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

Demat Charges - Compare Reliance Securities vs Paytm Money vs ProStocks
  Reliance Securities Paytm Money ProStocks
DP Source CDSL CDSL CDSL
DP ID 41400 12088800 83200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Zero Free (₹1000 Refundable Deposit)
Advance Deposit Nil Nil 1000/- Refundable Deposit against charges
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹10 per ISIN ₹20 per ISIN
Demat ₹5 per certificate + ₹30 request charges ₹250 per 100 shares ₹50 per set up + ₹50 courier charges
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹250 per 100 shares ₹50 per set up + ₹50 courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹32 per ISIN ₹50
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹32 per ISIN ₹50
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹32 per ISIN ₹50
Failed Instruction Charges Nil Nil ₹50 per transaction
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

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

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

Compare Reliance Securities vs Paytm Money vs ProStocks on Special Offers and Promotion
  Reliance Securities Paytm Money ProStocks
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
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 Info Not Available 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 RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Info Not Available SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes
  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

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
  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

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.
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Last Updated on 2023-09-13T01:50:30+00:00