FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

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

The brokerage of Upstox 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 Upstox is 4.5, Paytm Money is rated 4, ProStocks is rated 4 out of 5.

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

Compare Upstox vs Paytm Money vs ProStocks on Service

  Upstox Compare
Upstox
Paytm Money Compare
Paytm Money
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE NSE, BSE
Broker Overview Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. 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 Upstox Request call back from Paytm Money Request call back from ProStocks
Expand

Account Opening Charges and AMC

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

In this section we have compared Upstox 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 Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Upstox 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 Upstox vs Paytm Money vs ProStocks
Charges Upstox Paytm Money ProStocks
Trading Account Opening Fees Promotion offer: 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 Yes Yes Yes
Expand

About Brokerage Plans

Compare Upstox vs Paytm Money vs ProStocks on Plan Options

Plans are the most important feature you look when compare Upstox 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 Upstox and Paytm Money doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where Upstox and Paytm Money doesn't offer.

Compare Upstox vs Paytm Money vs ProStocks on Plan Options
Plan Types Upstox Paytm Money ProStocks
Multiple Plans No No Yes
Monthly Plans No No Yes
Yearly Plans No No Yes
Expand

Account Opening Request

Account Opening

  Upstox Paytm Money ProStocks
Account Opening Request
Expand

Brokerage Charges

Compare Upstox vs Paytm Money vs ProStockson Brokerage Charges

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

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 Upstox vs Paytm Money vs ProStocks
Brokerage Charges Compare Upstox Paytm Money ProStocks
Plan Name Max Rs 20 Per Order Trading Plan Flat Brokerage Plan Flat Fee Rs 15 Trading Plan
Equity Delivery 2.5% 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 0.05% or Rs 20 whichever is lower 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 0.05% or Rs 20 whichever is lower NA Flat Fee Rs 15
Currency Options Flat Fee Rs 20 NA Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 NA NA
Minimum Brokerage NA
Hidden Charges Info Not Available No
Funding Info Not Available Info Not Available No
Call & Trade Charges Rs 50 + 18% GST Rs 100/order +GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges Rs 50 + 18% GST Rs 50/order + GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for Paytm Money Brokerage Calculator for ProStocks
Expand

Share Broker's Transaction Charges

Compare Upstox vs Paytm Money vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Upstox vs Paytm Money vs ProStocks
Transaction Charges Compare Upstox 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 360 Per Cr | Agri: Rs 275 Per Cr NA NA
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for paytm-money Complete Brokerage Plans for prostocks
Expand

Account Features

Compare Upstox vs Paytm Money vs ProStocks on Account Features

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

Account Features - Upstox vs Paytm Money vs ProStocks
Account Features Compare Upstox Paytm Money ProStocks
3 in 1 Account Yes, Upstox have 3-in-1 accounts. Bank Account, Demat and Trading account. No Upstox 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 Yes 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 No No Yes
Other Features NIL NIL NIL
Expand

Trading Platform

Compare Upstox vs Paytm Money vs ProStockson Trading Platform

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

https://pro.upstox.com/

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 Upstox Paytm Money App Star ProStocks
Mobile Trading App Demo Upstox Demo Paytm Money App Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod Upstox Download Andriod Paytm Money App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Upstox 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 Upstox Equity Intraday and Delivery Brokerage Calculator for Paytm Money Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for Paytm Money Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for Paytm Money Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for paytm-money Detail on Trading Platforms for prostocks

Expand

Broker Ratings by Users

Compare Upstox vs Paytm Money vs ProStocks on User Rating

  Upstox Paytm Money ProStocks
  12 Customer Reviews    Rate Upstox 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 Upstox is Rated 3.7 / 5 based on 12 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
Expand

Investment Offerings

Compare Upstox vs Paytm Money vs ProStocks on Investment Offerings

Compare Upstox 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 - Upstox offers Commodity Trading where Paytm Money and ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Upstox 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 Upstox vs Paytm Money vs ProStocks
Investment Offerings Compare Upstox Paytm Money ProStocks
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes No Yes
Commodity Yes No No
Online IPO Application Yes Yes No
Mutual Funds Yes Yes No
Bond / NCD No No No
ETF Yes Yes Yes
Banking No No No
Insurance No Yes No
Forex No No No
MF SIP Investment Yes Yes No
Equity SIP Investment Yes Yes No
PMS Service No No No
Other Investment Options NIL NIL
Expand

Order Types

Compare Upstox vs Paytm Money vs ProStocks on Order Types

Order Type - Compare Upstox 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 - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare Upstox vs Paytm Money vs ProStocks
Order Type Compare Upstox 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 Yes Yes Yes
Expand

Customer Service Offered

Compare Upstox vs Paytm Money vs ProStocks on Customer Service

Compare Upstox 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 Upstox vs Paytm Money vs ProStocks
Customer Service Compare Upstox 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 No No No
Through Branches Yes No No
Customer Care Number +91 22 6130 9999 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://upstox.com/help-center/ https://www.paytmmoney.com/care https://www.prostocks.com/faq.html
Head Office Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
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://upstox.com/ https://www.paytmmoney.com/ https://www.prostocks.com
Expand

Tips/Research/Reports Published

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

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

Research Reports - Compare Upstox vs Paytm Money vs ProStocks
  Upstox Paytm Money ProStocks
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
Expand

Demat Account

Compare Upstox vs Paytm Money vs ProStocks on Demat Account

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

Demat Charges - Compare Upstox vs Paytm Money vs ProStocks
  Upstox Paytm Money ProStocks
DP Source CDSL CDSL CDSL
DP ID 81800 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) ₹13 + ₹5.50 CDSL charges ₹10 per ISIN ₹20 per ISIN
Demat ₹20 + ₹50 courier charges ₹250 per 100 shares ₹50 per set up + ₹50 courier charges
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹250 per 100 shares ₹50 per set up + ₹50 courier charges
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges ₹32 per ISIN ₹50
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil Nil
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges ₹32 per ISIN ₹50
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil Nil
Pledge Invocation 0.05% of the transaction value (Min ₹50) ₹32 per ISIN ₹50
Failed Instruction Charges ₹50 Nil ₹50 per transaction
Other Charges Nil Nil Nil
Expand

Special Offers,Advantages,Disadvantages

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

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

Compare Upstox vs Paytm Money vs ProStocks on Special Offers and Promotion
  Upstox Paytm Money ProStocks
Pay In and Pay Out Options pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-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 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. 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 HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Info Not Available SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

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

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

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 Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs 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 Upstox Enquire for Paytm Money Enquire for ProStocks

Last Updated on 2023-12-15T00:33:11+00:00