Paytm Money

Paytm Money

Discount Broker

About Broker

Paytm Money is an online investment platform that enables users to invest in stocks, mutual funds, NPS, and other financial products. Launched in 2017 by One97 Communications, the parent company of Paytm—India's largest digital payments company—Paytm Money has grown significantly. As of February 2024, the platform has an active client base of 814,342.


Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

Equity Commodity Currency Futures Options

Brokerage Plan

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

Charges

account opening

Free

account maintenance

Free

call trade

₹100

Brokerage

equity delivery

₹20 per order

equity intraday

0.05% up to Rs 10

equity futures

0.02% up to Rs 15

equity options

₹10 per order

currency futures

NA

currency options

NA

commodity futures

NA

commodity options

NA

Margins

Equity Delivery

1x As per exchange

Equity Intraday

7.5x As per exchange

Equity Futures

1x As per exchange

Equity Options

1x As per exchange

Currency Futures

NA As per exchange

Currency Options

NA As per exchange

Commodity Futures

NA As per exchange

Commodity Options

NA As per exchange

Platforms Offered

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.

Paytm Web Trading Platform Paytm Money Mobile Application

Other Details

Pros

Advantages and Strengths of this broker.

The platform employs a two-factor authentication system to ensure the safety of your details.

It features a user-friendly interface for quick analysis of required information.

The platform includes an in-house brokerage calculator and offers Mutual Fund Investment Advisory services.

It offers convenient online opening and operation of a trading account.

Cons

Disadvantages of this broker that it needs to improve upon.

There is no branch or customer support available.

The broker does not provide an NRI trading account.

Commodity and currency trading options are not available.

There is no facility for margin aagainst shares.

The platform exclusively offers direct mutual fund plans.


Additional Features

Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.

3 in 1 Account
free trading calls
free research
sms alerts
margin funding
margin against share

Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

mutual funds
ipo platform
bonds debt
exchange traded funds

Equily Charges

transaction charges

BSE: 0.00300%

NSE:

clearing charges

--

dp charges

Sell-side, ₹ 250 per 100 shares

gst

18% on Brokerage + Transaction

stt

0.1% on buy & sell

sebi charges

0.00005%

transaction charges

BSE: 0.00300%

NSE:

clearing charges

--

dp charge

--

gst

18% on Brokerage + Transaction

stt

0.025% Sell-side

sebi charges

0.00005%

transaction charges

NSE:

clearing charges

NSE:

dp charge

--

gst

18% on Brokerage + Transaction

stt

0.01% Sell side

sebi charges

0.00005%

transaction charges

NSE:

clearing charges

dp charge

--

gst

18% on Brokerage + Transaction

stt

0.05% Sell side

sebi charges

0.00005%