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Zerodha Vs Paytm Money Vs ProStocks: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Zerodha Vs Paytm Money Vs ProStocks: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare zerodha vs paytm money vs prostocks on service, account opening charges and amc, compare zerodha vs paytm money vs prostocks 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 Zerodha vs Paytm Money vs ProStocks on Service
- Account Opening Charges and AMC
- Compare Zerodha vs Paytm Money vs ProStocks on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Zerodha vs Paytm Money vs ProStocks on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Zerodha vs Paytm Money vs ProStocks on Transaction Charges
- Account Features
- Compare Zerodha vs Paytm Money vs ProStocks on Account Features
- Trading Platform
- Compare Zerodha vs Paytm Money vs ProStocks on Trading Platform
- Broker Ratings by Users
- Compare Zerodha vs Paytm Money vs ProStocks on User Rating
- Investment Offerings
- Compare Zerodha vs Paytm Money vs ProStocks on Investment Offerings
- Margin Trading Facility
- Compare Zerodha vs Paytm Money vs ProStocks on MTF
- API
- Compare Zerodha vs Paytm Money vs ProStocks on API Details
- Customer Service Offered
- Compare Zerodha vs Paytm Money vs ProStocks on Customer Service
- Tips/Research/Reports Published
- Compare Zerodha vs Paytm Money vs ProStocks on Research Reports, Tips
- Demat Account
- Compare Zerodha vs Paytm Money vs ProStocks on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Zerodha vs Paytm Money vs ProStocks 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.
- 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 ₹20 per Order Brokerage on Intraday, F&O, Commodities & Currency
- 📱 Kite & Coin – #1 Trading Platform & Mobile App
- 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 Wed, May 20, 2026
Data Tables
| Segment |
Zerodha |
Paytm Money |
ProStocks |
| Trading Account Opening Fees |
Free |
Free |
Free |
| Trading AMC |
Free |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
Free |
| Demat AMC |
Rs 300 PA (Free for 1st year) |
Free |
Rs 0 (Rs 1000 Refundable Deposit) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
Zerodha |
Paytm Money |
ProStocks |
| Multiple Plans |
No |
No |
Yes |
| Monthly Plans |
No |
No |
Yes |
| Yearly Plans |
No |
No |
Yes |
|
Zerodha |
Paytm Money |
ProStocks |
| Account Opening Request |
Link to open account |
|
Link to open account |
| Transaction Charges Compare |
Zerodha |
Paytm Money |
ProStocks |
| 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 zerodha |
Complete Brokerage Plans for paytm-money |
Complete Brokerage Plans for prostocks |
| Account Features Compare |
Zerodha |
Paytm Money |
ProStocks |
| 3 in 1 Account |
No |
No |
No |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
Yes |
No |
Yes |
| SMS Alerts |
No |
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 |
3:20 PM |
3:10 PM |
3:15PM |
| NRI Trading |
Yes |
No |
Yes |
| Other Features |
NIL |
NIL |
NIL |
| Trading Platform Compare |
Zerodha |
Paytm Money |
ProStocks |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
Zerodha Kite Web |
Paytm Money Web |
https://www.prostocksweb.com/ |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
Zerodha Kite App |
Paytm Money App |
Star ProStocks |
| Mobile Trading App Demo |
Zerodha Kite App |
Paytm Money App |
Star ProStocks |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android Zerodha Kite App Download |
Android Paytm Money App Download |
Android Star ProStocks Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
Yes |
| iOS App Download |
iOS Zerodha Kite App 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 Zerodha |
Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
Equity Intraday and Delivery Brokerage Calculator for ProStocks |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Zerodha |
Futures Brokerage Calculator for Paytm Money |
Futures Brokerage Calculator for ProStocks |
| Options Brokerage Calculator |
Option Brokerage Calculator for Zerodha |
Option Brokerage Calculator for Paytm Money |
Option Brokerage Calculator for ProStocks |
| Detail |
Detail on Trading Platforms for Zerodha |
Detail on Trading Platforms for Paytm Money |
Detail on Trading Platforms for ProStocks |
|
Zerodha |
Paytm Money |
ProStocks |
|
162 Customer reviews Rate |
20 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
4.0 |
1.0 |
0.9 |
| Trading Brokerage Rating |
4.4 |
1.3 |
0.9 |
| Trading Platform Usability |
3.7 |
1.0 |
0.9 |
| Customer Service Ratings |
3.8 |
0.8 |
0.8 |
| Overall Rating |
3.9 |
0.9 |
0.9 |
| Broker Rating |
Zerodha is Rated 3.9 / 5 based on 162 customer reviews |
Paytm Money is Rated 0.9 / 5 based on 20 customer reviews |
ProStocks is Rated 0.90 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
Zerodha |
Paytm Money |
ProStocks |
| Equity Cash and F&O |
Yes |
Yes |
Yes |
| Currency Derivatives |
Yes |
No |
Yes |
| Commodity |
Yes |
No |
No |
| Online IPO Application |
Yes |
Yes |
No |
| Mutual Funds |
Yes |
Yes |
No |
| Bonds / NCD |
Yes |
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 |
| MTF Compare |
Zerodha |
Paytm Money |
ProStocks |
| MTF Leverage |
Upto 5x leverage on 1300+ stocks |
Up to 4X buying power on 1200+ stocks |
– |
| MTF Interest Rate |
0.04% per day (14.6% per annum) |
7.99% – 9.99% per annum |
– |
| MTF Segment |
Equity Delivery (NSE) |
Equity Delivery |
– |
| MTF Pledge Charges |
₹15 per ISIN |
₹20 per ISIN |
– |
| MTF Unpledged Charges |
₹15 per ISIN |
₹20 per ISIN |
– |
| Maximum MTF Funding |
₹50 crore per account |
Up to ₹5 crore |
– |
| API Compare |
Zerodha |
Paytm Money |
ProStocks |
| API Type |
Trading API Market Data API (Websocket API) Historical Data API Publisher API |
Trading API Live Market Data API |
Trading API WebSocket API Publisher API Historical Data API |
| API Charges |
Kite Connect API: Rs 500 per month Personal: Free |
Free |
Trading API + Websocket + Publisher API: ₹1,000Historical Data API: ₹1,000 |
| Customer Service Compare |
Zerodha |
Paytm Money |
ProStocks |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
No |
No |
No |
| Phone Support |
Yes |
No |
Yes |
| Toll Free Number |
No |
No |
No |
| Through Branches |
Yes |
No |
No |
| Customer Care Number |
"+ 91 80 4040 2020" |
NA |
+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://zerodha.com/varsity/ |
https://www.paytmmoney.com/care |
https://www.prostocks.com/faq.html |
| Head Office Address |
Zerodha Headquater#153/154 4th Cross Dollars Colony,Opp. Clarence Public School,J.P Nagar 4th Phase,Bangalore – 560078 |
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://zerodha.com/ |
https://www.paytmmoney.com/ |
https://www.prostocks.com |
|
Zerodha |
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 |
|
Zerodha |
Paytm Money |
ProStocks |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
81600 |
88800 |
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 |
₹50 |
Nil |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹8 + ₹5.50 (CDSL Charges) per transaction |
₹10 per ISIN |
₹20 per ISIN |
| Demat |
₹150 per certificate + ₹100 courier charges |
₹250 per 100 shares |
₹50 per set up + ₹50 courier charges |
| Remat |
₹150 per certificate + ₹100 courier charges + CDSL Charges |
₹250 per 100 shares |
₹50 per set up + ₹50 courier charges |
| Pledge Creation |
₹20 + ₹12 CDSL charges |
₹32 per ISIN |
₹50 |
| Pledge Creation Confirmation |
Nil |
Nil |
Nil |
| Pledge Closure |
₹20 + ₹12 CDSL charges |
₹32 per ISIN |
₹50 |
| Pledge Closure Confirmation |
Nil |
Nil |
Nil |
| Pledge Invocation |
₹20 |
₹32 per ISIN |
₹50 |
| Failed Instruction Charges |
₹50 per instraction |
Nil |
₹50 per transaction |
| Other Charges |
Nil |
Nil |
Nil |
|
Zerodha |
Paytm Money |
ProStocks |
| Likes |
Enjoys a credible brand reputation Multiple products: Equity, F&O, IPO, MF, Bonds, G-secs, Cost-effective trading with flat fee and free investment in stocks, IPO, and mutual funds Hassle-free account opening Single margin account to trade in equity and commodity Zero minimum balance required in the Zerodha trading account Technologically advanced trading platforms and tools at no additional cost Add-on features like GTT order, alert trigger order, trade from charts, etc. Margin Trading Facility (MTF) Debt-free company 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 |
Zerodha does not offer trading tips, research and advisory services. Software glitches in kite happen certain times. Zero brokerage unlimited trading plan is not offered. Detail Review… |
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… |
| Special Offers/Promo |
🎯 Current Promotion Offer from Zerodha for InvestorGain Visitors: 🆓 Free Account Opening 📈 Free Delivery Trading 💹 Max ₹20 per Order Brokerage on Intraday, F&O, Commodities & Currency 💰 Free Direct Mutual Funds & IPO Investment 📱 Kite & Coin – #1 Trading Platform & Mobile App 🚀 Open Instant Zerodha Account |
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! |
|
Open Zerodha Account Now |
|
Open ProStocks Account Now |
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