Paytm Money
Paytm Money
Discount Broker

About Broker

Paytm Money is a digital investment platform that allows users to invest in stocks, mutual funds, NPS, and various financial products. Established in 2017 by One97 Communications, the parent company of Paytm—India's leading digital payments provider—Paytm Money has expanded rapidly. As of February 2024, the platform serves 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.

EquityFuturesOptions

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 PlatformPaytm Money Mobile Application

Other Details

Pros

Advantages and Strengths of this broker.

  • The platform utilizes two-factor authentication to safeguard your information.
  • A user-friendly interface enables easy and quick data analysis.
  • It provides an in-house brokerage calculator along with Mutual Fund Investment Advisory services.
  • Seamless online account opening and trading operations are available.

Cons

Disadvantages of this broker that it needs to improve upon.

  • Branch services and dedicated customer support are not provided.
  • The broker does not offer NRI trading accounts.
  • Trading in commodities and currencies is not supported.
  • There is no provision for margin against shares.
  • Only direct mutual fund plans are available on the platform.

Additional Features

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

3-in-1 AccountComplimentary Trading CallsResearch ReportsSMS NotificationsMargin Funding FacilityLeverage Against Shares

Additional Features

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

Mutual FundsIPO PlatformDebt BondsETFs (Exchange Traded Funds)Insurance Services