ResourceIPO
Paytm Money Vs ProStocks Vs AxisDirect: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Paytm Money Vs ProStocks Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare paytm money vs prostocks vs axisdirect on service, account opening charges and amc, compare paytm money vs prostocks vs axisdirect on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare Paytm Money vs ProStocks vs AxisDirect on Service
- Account Opening Charges and AMC
- Compare Paytm Money vs ProStocks vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Paytm Money vs ProStocks vs AxisDirect on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Paytm Money vs ProStocks vs AxisDirect on Transaction Charges
- Account Features
- Compare Paytm Money vs ProStocks vs AxisDirect on Account Features
- Trading Platform
- Compare Paytm Money vs ProStocks vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare Paytm Money vs ProStocks vs AxisDirect on User Rating
- Investment Offerings
- Compare Paytm Money vs ProStocks vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare Paytm Money vs ProStocks vs AxisDirect on MTF
- API
- Compare Paytm Money vs ProStocks vs AxisDirect on API Details
- Customer Service Offered
- Compare Paytm Money vs ProStocks vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare Paytm Money vs ProStocks vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare Paytm Money vs ProStocks vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Paytm Money vs ProStocks vs AxisDirect on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- 100% paperless KYC process
- Transparent pricing model of Rs 20 brokerage
- Cheapest online trading services at 15 per order brokerage plan.
- Cheapest intraday call & trade service at just Rs. 10 per trade.
- Secure & hassle-free fund transfer via 30+ supported banks.
- Open paperless 3-in-1 account (Bank + Demat + Trading).
- One-stop shop to trade on BSE, NSE, and MCX.
- Trade in options at flat Rs. 10/order.
- No 3-in-1 account opening facility.
- Does not offer Rs 0 brokerage unlimited monthly trading plans.
- It does not offer a 3-in-1 account opening facility.
- Max Rs. 20 per order brokerage on intraday, delivery, and equity derivatives trading
- 💹 Flat ₹15 Brokerage Charges per Order
- ⚡ Unlimited Trading @ ₹0 Brokerage with Monthly Plans
- Last Updated on Fri, May 8, 2026
Data Tables
| Segment |
Paytm Money |
ProStocks |
AxisDirect |
| Trading Account Opening Fees |
Free |
Free |
Rs 999 |
| Trading AMC |
Free |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
Free |
| Demat AMC |
Free |
Rs 0 (Rs 1000 Refundable Deposit) |
Rs 750 PA (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
Paytm Money |
ProStocks |
AxisDirect |
| Multiple Plans |
No |
Yes |
Yes |
| Monthly Plans |
No |
Yes |
No |
| Yearly Plans |
No |
Yes |
No |
|
Paytm Money |
ProStocks |
AxisDirect |
| Account Opening Request |
|
Link to open account |
|
| Transaction Charges Compare |
Paytm Money |
ProStocks |
AxisDirect |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Intraday |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
| Equity Options |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
| Currency Options |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for paytm-money |
Complete Brokerage Plans for prostocks |
Complete Brokerage Plans for axisdirect |
| Account Features Compare |
Paytm Money |
ProStocks |
AxisDirect |
| 3 in 1 Account |
No |
No |
Yes |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
No |
Yes |
No |
| SMS Alerts |
No |
Yes |
Yes |
| Online Demo |
No |
Yes |
Yes |
| Online Portfolio |
Yes |
No |
Yes |
| Margin Trading Funding Available |
No |
No |
Yes |
| Combined Ledger for Equity and Commodity |
No |
No |
Yes |
| Intraday Square-off Time |
3:10 PM |
3:15PM |
2:45 PM |
| NRI Trading |
No |
Yes |
Yes |
| Other Features |
NIL |
NIL |
NIL |
| Trading Platform Compare |
Paytm Money |
ProStocks |
AxisDirect |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
Paytm Money Web |
https://www.prostocksweb.com/ |
https://login.axisdirect.in/ |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
Paytm Money App |
Star ProStocks |
AxisDirect Ring Mobile App |
| Mobile Trading App Demo |
Paytm Money App |
Star ProStocks |
AxisDirect Ring Mobile App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android Paytm Money App Download |
Android Star ProStocks Download |
Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
Yes |
| iOS App Download |
iOS Paytm Money App Download |
iOS Star ProStocks Download |
iOS AxisDirect Ring Mobile App Download |
| Android Tablet App |
Yes |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
Yes |
| Trading Software Charges |
Rs. 30 per month |
Free |
Yes, DirectTrade – Rs 2999 PA |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
Equity Intraday and Delivery Brokerage Calculator for ProStocks |
Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Paytm Money |
Futures Brokerage Calculator for ProStocks |
Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator |
Option Brokerage Calculator for Paytm Money |
Option Brokerage Calculator for ProStocks |
Option Brokerage Calculator for AxisDirect |
| Detail |
Detail on Trading Platforms for Paytm Money |
Detail on Trading Platforms for ProStocks |
Detail on Trading Platforms for AxisDirect |
|
Paytm Money |
ProStocks |
AxisDirect |
|
20 Customer reviews Rate |
20 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
1.0 |
0.9 |
0.8 |
| Trading Brokerage Rating |
1.3 |
0.9 |
0.6 |
| Trading Platform Usability |
1.0 |
0.9 |
0.9 |
| Customer Service Ratings |
0.8 |
0.8 |
0.8 |
| Overall Rating |
0.9 |
0.9 |
0.7 |
| Broker Rating |
Paytm Money is Rated 0.9 / 5 based on 20 customer reviews |
ProStocks is Rated 0.9 / 5 based on 20 customer reviews |
AxisDirect is Rated 0.70 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
Paytm Money |
ProStocks |
AxisDirect |
| Equity Cash and F&O |
Yes |
Yes |
Yes |
| Currency Derivatives |
No |
Yes |
Yes |
| Commodity |
No |
No |
Yes |
| Online IPO Application |
Yes |
No |
Yes |
| Mutual Funds |
Yes |
No |
Yes |
| Bonds / NCD |
No |
No |
Yes |
| ETF |
Yes |
Yes |
Yes |
| Banking |
No |
No |
Yes |
| Insurance |
Yes |
No |
Yes |
| Forex |
No |
No |
No |
| MF SIP Investment |
Yes |
No |
Yes |
| Equity SIP Investment |
Yes |
No |
Yes |
| PMS Service |
No |
No |
No |
| Other Investment Options |
|
NIL |
NIL |
| MTF Compare |
Paytm Money |
ProStocks |
AxisDirect |
| MTF Leverage |
Up to 4X buying power on 1200+ stocks |
– |
– |
| MTF Interest Rate |
7.99% – 9.99% per annum |
– |
– |
| MTF Segment |
Equity Delivery |
– |
– |
| MTF Pledge Charges |
₹20 per ISIN |
– |
– |
| MTF Unpledged Charges |
₹20 per ISIN |
– |
– |
| Maximum MTF Funding |
Up to ₹5 crore |
– |
– |
| API Compare |
Paytm Money |
ProStocks |
AxisDirect |
| API Type |
Trading API Live Market Data API |
Trading API WebSocket API Publisher API Historical Data API |
– |
| API Charges |
Free |
Trading API + Websocket + Publisher API: ₹1,000Historical Data API: ₹1,000 |
– |
| Customer Service Compare |
Paytm Money |
ProStocks |
AxisDirect |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
No |
No |
Yes |
| Phone Support |
No |
Yes |
Yes |
| Toll Free Number |
No |
No |
Yes |
| Through Branches |
No |
No |
Yes |
| Customer Care Number |
NA |
+91-2262-434343 |
022-61480808 |
| Account Opening Process |
Online/Paperless |
Online/Paperless |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://www.paytmmoney.com/care |
https://www.prostocks.com/faq.html |
https://simplehai.axisdirect.in/learn/overview |
| Head Office Address |
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 |
Unit No. 2, Phoenix Market City,15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website |
https://www.paytmmoney.com/ |
https://www.prostocks.com |
https://simplehai.axisdirect.in |
|
Paytm Money |
ProStocks |
AxisDirect |
| Research Mutual Funds |
No |
No |
Yes |
| Research Equity Reports |
No |
No |
Yes |
| Research ETF |
No |
No |
Yes |
| Daily Market Report |
No |
No |
Yes |
| Free Tips |
No |
No |
Yes |
| Quarterly Result Analysis |
No |
No |
Yes |
| News Alerts |
No |
No |
Yes |
|
Paytm Money |
ProStocks |
AxisDirect |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
88800 |
83200 |
49200 |
| Demat Account Annual Maintenance Charges(AMC) |
Zero |
Free (₹1000 Refundable Deposit) |
₹500 pa |
| Advance Deposit |
Nil |
1000/- Refundable Deposit against charges |
Nil |
| Statutory charges |
Nil |
Nil |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹10 per ISIN |
₹20 per ISIN |
₹10 |
| Demat |
₹250 per 100 shares |
₹50 per set up + ₹50 courier charges |
₹3 per certificate |
| Remat |
₹250 per 100 shares |
₹50 per set up + ₹50 courier charges |
₹10 for every hundred securities (Min ₹10) |
| Pledge Creation |
₹32 per ISIN |
₹50 |
₹25 |
| Pledge Creation Confirmation |
Nil |
Nil |
₹25 |
| Pledge Closure |
₹32 per ISIN |
₹50 |
₹25 |
| Pledge Closure Confirmation |
Nil |
Nil |
₹25 |
| Pledge Invocation |
₹32 per ISIN |
₹50 |
Nil |
| Failed Instruction Charges |
Nil |
₹50 per transaction |
Nil |
| Other Charges |
Nil |
Nil |
Nil |
|
Paytm Money |
ProStocks |
AxisDirect |
| Likes |
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… |
Open paperless 3-in-1 account (Bank + Demat + Trading). One-stop shop to trade on BSE, NSE, and MCX. Zero Demat AMC for 1st year for Axis Bank account holders. Multiple brokerage plans for traders and investors. Trade in options at flat Rs. 10/order. Unlimited Brokerage-free options trading for the first month. Ring revolutionary app and desktop-based platforms provide an investment opportunity. Free trading tools like scanners, options strategies, advanced charting, & indicators. Get free trading calls, investment ideas, and research reports. Hassle-free investment in bonds & debenture on the “Yield” platform. AI-powered investment ideas and wealth management advisory services. Buy Now and Pay Later with E-margin. Free 20 calls per month. Detail Review… |
| Dislikes |
No commodity and currency trading Does not offer NRI trading 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… |
High account opening fees. It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc. It does not have a flat discount brokerage plan. Detail Review… |
| Special Offers/Promo |
Max Rs. 20 per order brokerage on intraday, delivery, and equity derivatives trading Lifetime Zero Demat AMC A/c Free direct mutual fund investment Open Instant Paytm Money Account Now! |
💼 Current Promotion Offer from ProStocks for InvestorGain Visitors: 📭 Lifetime Zero Demat AMC Account 📦 Free Delivery Trading 💹 Flat ₹15 Brokerage Charges per Order ⚡ Unlimited Trading @ ₹0 Brokerage with Monthly Plans 🚀 Open Instant ProStocks Account Now! |
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Open ProStocks Account Now |
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