Paytm Money is a newly established stock brokerage house in India.
This article provides a deep understanding of Paytm Money Review, its brokerage charges, Demat and trading account opening charges, trading platform, and its features, etc.
| Paytm Money Highlights | |
| Broker Type | Discount Broker |
| Demat Account AMC | Rs 0 (Free) |
| Margin Required | 75% Margin |
| Intraday Brokerage | Lower of 0.05% or Rs 10 |
| Delivery Brokerage | Rs 0 (Free) |
| Exposure | Upto 5x |
What do you know about Paytm Money?
Paytm Money Limited is established in the year 1986 in Bangalore, India by Nirmal Bang. Paytm Money Limited is a SEBI-registered investment advisor (IA) that is engaged in offering investment execution and advisory services.
Our effortless experience enables you to initiate your journey without paperwork, user-friendly digital KYC, automated portfolio, updated portfolio, and powerful insights to take well-informed investment decisions.
The company offers convenient payment options for investing such as Net banking, Autopay with physical mandates, and pay through UPI. Demat account opening charges of Paytm Money Limited are extremely free.
| About Paytm Money | |
| Know a few details about Paytm Money | |
| Which type of Company is it? – Public / Private | Private |
| Which type of Broker is it? – Full Service / Discount | Discount Broker |
| Where is the registered office of the Company Located? | Bangalore |
| Who is the Founder of this Company? | Vijay Shekhar Sharma |
| When did the company start? | 2019 |
Open Demat Account Now – Fill up the Form Below
What are the various Demat Account Opening Charges levied by Paytm Money?
Here you can see the comprehensive detail of the Paytm Money account opening charges The Depository participant involved in Paytm Money is CDSL & NDSL. The demat account opening charges of the company is zero.
The initial money margin amount requirement of the company is a Minimum 75% Margin. The Demat account Annual Maintenance Charges of the company is Rs. 0 and the Trading Account Annual Maintenance Charges are entirely free of cost. A dematerialization account is offered by the company.
| Paytm Money Demat Account Opening Fees | |
| Check out the various fees charged for Opening a Demat Account with Paytm Money | |
| Which is the Depository Participant involved? | CDSL & NSDL |
| What are the Demat account opening charges? | Rs 0 |
| How much is the Demat AMC? | Rs 0 (Free) |
| What is the Trading AMC? | Rs 0 |
| What is the initial Margin amount required? | 75% Margin |
| Is dematerialization available? | Yes |
Find out the Brokerage Charges of other stock brokers
| Sharekhan | Zerodha | 5Paisa | Angel Broking |
| Axis Direct | Karvy | Kotak Securities | Motilal Oswal |
| Icici Direct | IIFL | Hdfc Securities | Yes Securities |
Does Paytm Money provide any Offers to their Clients?
The various Paytm Money offers offered by them to distinct investors are:-
- Free trading account
- Discount on Brokerage
- Flexible brokerage plans
- Referral Offers
- Referral Offers
| Paytm Money Offers | |
| Here are the various offers provided by Paytm Money | |
| Does the broker provide a Free Demat A/C offer? | No |
| Does the broker provide Free Trading A/C offer? | Yes |
| Is this broker offers a Discount on Brokerage? | Yes |
| Does the broker offer Happy hour trading to their clients? | No |
| Is the broking house provides a flexible brokerage plan? | Yes |
| Does the broker offer 1-month Free brokerage? | No |
| Are the Holiday offers provided by the broker? | No |
| Are there any referral offers shared by the broker? | Yes |
| Zero Brokerage for Loss-Making Trades | No |
What are the Brokerage Charges levied by Paytm Money on various Segments?
The Paytm Money brokerage charges levied on the investors in different categories are as follows:-
Equity intraday charges, currency future of Paytm Money is 0.02%, whereas Equity delivery charges are Rs 0 (Free). The brokerage charges for the Equity option and currency option of Paytm Money are Rs. 10 and NA.
The brokerage charges for the commodity trading of Paytm Money are not applicable and the minimum brokerage requirement of Paytm Money relies on the percentage of the transaction. The initial money margin amount requirement of the company is a Minimum 75% Margin.
The Demat account Annual Maintenance Charges of the company is Rs. 0 and the Trading Account Annual Maintenance Charges are entirely free of cost
| Paytm Money Brokerage Charges | |
| Here you will find details of brokerage levied by Paytm Money on all segments | |
| What are the Equity Delivery Charges? | Rs 0 (Free) |
| What are the Equity Intraday Charges? | Lower of 0.05% or Rs 10 |
| How much brokerage charged for Commodity Trading? | NA |
| What is the brokerage on Equity Futures? | Rs 10 |
| How much brokerage charged for Equity Options? | Rs 10 |
| What is the brokerage on Currency Futures? | NA |
| What is the brokerage on Currency Options? | NA |
| How much is the Minimum Brokerage required? | Rs 10 |
| What is the Demat AMC? | Rs 0 (Free) |
| How much is the Trading AMC? | Rs 0 |
| What is the Minimum Margin Required? | 75% Margin |
Does Paytm Money levy any other charges apart from Brokerage?
Paytm Money’s other charges are also levied on the investors. These are the minimum charges and are been directly received by the Government Here is the detail of the Paytm Money Other charges.
The percentage of Transaction charges levied is 0.00310%, STT Charges of 0.0121% of Total turnover, and Sebi Turnover charges of 0.0002% of total turnover. The minimum Stamp duty imposed on investors depends on the state.GST of 18% is also been imposed on investors
| Paytm Money Charges | |
| Get deep understanding of all other charges levied by Paytm Money | |
| How much are the Transaction Charges levied? | 0.00310% |
| What are the STT charges? | Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on the sell side (Non-Agri) Commodity Options: 0.05% on sell-side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell-side |
| What are the SEBI Turnover charges? | 0.00005% (Rs.5/Crore) |
| How much is the Stamp Duty levied? | (On buy-side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX) |
| How is the GST charged? | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Get all charges of various stock brokers
| SAS Online | Mastertrust | Indiabulls Ventures | Sbi Cap Securities |
| Upstox | Nirmal Bang | Jainam Share Consultants | Smc Global |
| Alice Blue Online | Shri Parasram Holdings | Jhaveri Securities | Swastika Investmart |
What is the Limit or Exposure offered by Paytm Money?
Here is the detail of the Paytm Money Exposures:-
The highest exposure offered by Paytm Money is in the category of Equity Intraday and i.e. 5x and the lowest exposure offered by Paytm Money is in the category of Currency Futures and i.e. 1x. The other exposures offered by Paytm money in different categories such as Equity Futures, Equity Delivery, and Equity Options are 1x and 1x, and 1x respectively.
| Paytm Money Exposure or Leverage | |
| Here you will find the exposure or limit provided by Paytm Money | |
| How much is the limit on Equity Delivery? | 1x |
| What is the limit on Equity Intraday? | Upto 5x |
| How much is the limit on Equity Futures? | 1x |
| What is the limit on Equity Options? | 1x |
| What is the exposure on Currency Futures? | 1x |
| How much is the leverage on Currency Options? | 1x |
| What is the limit on Commodity Trading? | 1x |
Open Demat Account Now – Fill up the Form Below
How to open Paytm money trading and demat account?
To activate Paytm Money trading and demat account, the following procedure is meant to be followed
Aadhar Card, Pan Card, Passport size photo, and Address Proof are some of the important documents required to open a Paytm Money trading and demat account
- Click on the link given below that says “Open Demat Account” and fill out the given Demat Account Opening form.
- A call will be made to you from the company executive for the verification of your details
- Your account can also be opened by personally visiting the company
- You can even send an e-mail and contact a company executive and request them to open your account. They will ask you for details and you will also be asked to deposit documents
- After finishing the procedure and verification, your account will be opened within a few days.
What are the various Trading Platforms provided by Paytm Money?
Here are the various trading platforms provided by Paytm Money –
Paytm money trading terminal platform
The trading terminal offered by the brokerage house is highly efficient and operates smoothly. It offers various information to the users such as Live market data, Price ranges of the stock, Online fund transfer facility, Performance of the company in different periods through Graphs, Technical information through various charts, and many others.
Paytm money mobile trading app
Traders can trade anywhere in the country just by simply downloading their trading app on their Android or IOS Phones.
They can trade in Equity, Derivatives, and Currency and on the products offered by the company with the help of the application installed. Traders can purchase the products from anywhere just by visiting their mobile app and clicking on the options to be purchased.
Paytm money web trading platform
Paytm Money web-based trading platform is a user-friendly trading platform that can be operated just by browsing a link. In this trading platform, the candidate is not required to install any software just by browsing a link, trading can be done.
All the information and facilities are available in these trading platforms which are available in other trading platforms provided by the company. So users can enjoy a good experience.
| Paytm Money Trading Platforms | |
| Here you will find all the important trading platforms available with Paytm Money | |
| Do they have Trading Terminals for Windows? | Yes |
| Do they have Trading Terminals for Mac? | Yes |
| Are they providing a Web Trading Platforms? | Yes |
| Do they have a Mobile Web Platform? | Yes |
| Does this broker provide Mobile Trading App for Android? | Yes |
| Does this broker provide Mobile Trading App for iOS? | Yes |
| Are they having Mobile App for Windows OS? | No |
| Do they have Mobile Trading App for Other OS? | No |
What are the features available in Paytm Money Trading Applications?
Paytm money trading terminal platform
- Live market data and Quotes are available to the traders
- Various chartings such as candle sticks, Lien. Curved graphs to view information about the company’s performance are available to the traders
- Graphs of different periods such as 1,3, and 6 months are available and even graphs of different years are also available
- Customers can also follow the Daily and Average Trading prices available by the company
- Online fund transfer facilities with all the major banks are available
The Paytm money mobile trading app
- Convenient to operate
- Trading can trade on a different platform by installing the company trading app on Android and IOS phones
- Stocks can be purchased just by having internet facilities and trading applications on Android and IOS phones.
- Investors can open their accounts on mobiles within half an hour just by having KYC Verifications
- For attaining short and long-term goals, Investors can invest in any range of mutual finds
Paytm money web trading platform
- Smooth and effective trading can be done
- Multiple scripts can be viewed
- Maps are available so that candidates can easily obtain stock market information
- Charts are also available where stock market information is given in a detail
- Can be accessed without installing software.
| Paytm Money Trading Application Features | |
| Here you will find various features available in Trading Platforms provided by Paytm Money | |
| Are these platforms capable of Real-time Updates? | Yes |
| Do these Applications provide Portfolio Details? | Yes |
| Is this software providing Online MF Buy? | Yes |
| Do these platforms have News Flash? | Yes |
| Are these platforms providing Research Reports? | Yes |
| Are these platforms Easy to Install & use? | Yes |
| Do these Apps have Global Indices? | Yes |
| Are these platforms having Stock Tips? | Yes |
| Does this software provide Personalized Advisory? | No |
| Are these platforms capable of Interactive charting? | Yes |
| Do these Apps provide Live Markets data? | Yes |
| Do they provide SMS Alerts? | No |
| Are they providing Email Alerts? | Yes |
| Do these platforms have Multi-Account Management solution? | No |
Get detailed features of another Share Broker
| Anand Rathi | Nj Wealth | Jm Financial | Tradebulls Securities |
| Aditya Birla Money | Prabhudas Lilladher | Samco | Way2Wealth |
| CanMoney | Reliance Securities | Profitmart Securities | Edelweiss |
What are the various Products provided by Paytm Money?
Details of the wide–range of Paytm Money products offered to traders are as follows:-
The broking house permits the trader to trade in Equity Trading, Commodity Trading, Currency trading, and Options trading the traders
The brokerage house also offers Banking products and SIP services to the customers. Traders are allowed to trade in Futures and Mutual Funds
| Products | |
| Here are the various products provided by Paytm Money | |
| Does the broker allow Equity Trading? | Yes |
| Does the broker allow Commodity Trading? | Yes |
| Do they have Currency Trading products available? | Yes |
| Do they provide Options trading? | Yes |
| Are the clients allowed to trade in Futures? | Yes |
| Do they have Mutual Funds as a product? | Yes |
| Does the broker allow Forex trading? | No |
| Does the broker have Banking products? | Yes |
| Is SIP allowed by the broker? | Yes |
| Do they have Insurance as a Product? | No |
What are the various Services offered by Paytm Money?
Details of the wide–range of Paytm Money Services offered to the traders are as follows:-
- Demat and Trading account services
- 3 in1 Account facility option is available where traders can open 3 accounts such as Trading, Demat, and Saving account
- Intraday services are also issued
- IPO services are also extended among the traders
- Trading exposure of a maximum of 5x is offered
| Services | |
| Check out the various services provided by Paytm Money | |
| Does the broking house provide Demat Services? | Yes |
| Does the broking house provide Trading Services? | Yes |
| Do they have 3 in 1 Account i.e. Demat, Trading & Savings A/C? | Yes |
| Do they provide Intraday Services? | Yes |
| Are they offering IPO Services to the client? | Yes |
| Do they have Stock Recommendations available? | No |
| Are they providing tools for Robo Advisory? | No |
| Does the broker provide PMS? | No |
| Do they have Trading Institution available? | No |
| What is the Trading Exposure this broker provides? | Upto 5x |
Does Paytm Money provide Research & Advisory to their clients?
Some of the Paytm Money research and advisory services offered to the traders are mentioned below:-
- As the company is newly established, the broking does not offer fundamental and research reports to the customers.
- The research and advisory service offered to the traders is not highly efficient in comparison with other stock broking companies because of its new establishment
- Free stock tips are offered to the clients
- Offline advisory services are also shared with the traders
- A dedicated relationship manager for assisting traders during the trade is available
| Research, Advisory & Stock Tips | |
| Here are the various research activities are done by Paytm Money | |
| Does the broker share Fundamental Reports? | No |
| Does the broker share Research Reports? | No |
| Do they provide Company Reports to their clients? | No |
| Are they analyzing the Annual Reports of Companies? | No |
| Do they share Company Stock Reviews? | No |
| Are they sharing Free Stock Tips with their clients? | Yes |
| Do they analyze & share IPO Reports? | No |
| Does the broking company provide Top Picks? | No |
| Are they sharing Daily Market Review? | No |
| Do they have Monthly Reports? | No |
| Does the broker provide Weekly Reports? | No |
| Are they having Offline Advisory? | Yes |
| Do they provide Relationship Managers to clients? | Yes |
What are the Customer Care details of Paytm Money?
The Paytm Money customers care services are highly reliable and connectivity with all the customer care facilities can be done easily. The customer service team of the company assists the traders both online and offline.
Customers can approach the customer service team for their trading-related concerns for 24 hours as the customer acre facility is available for 24 hours. E-mail support is also offered to the customers where they can e-mail their trading-related issues to the customer’s service team.
| Paytm Money Customer Support | |
| Let’s have a better understanding of the Customer Care Service of Paytm Money | |
| Are they providing Dedicated dealers to their clients? | No |
| Do they allow Offline Trading? | Yes |
| Do they have facilities for Online Trading? | Yes |
| Are they providing 24*7 Support? | Yes |
| Does this broker provide Email Support? | Yes |
| Is this broker having Chat Support? | No |
| How many Branches the stock broker has? | No Branch |
Are there any Complaints filed against Paytm Money by their clients?
So the details of Paytm Money complaints filed against it say that the brokerage house did not receive any complaints on BSE and NSE against it.
Total of 0 complaints were lodged on BSE and NSE against the broking company. With just 0 complaints, it seems that the company is performing efficiently in all the categories and traders are highly impressed by the products and services offered by them
| Complaints | |
| Here you will know about the Complaints lodged against Paytm Money | |
| What is the total number of Complaints Lodged in BSE? | 0 |
| How many of these complaints have been Resolved in BSE? | 0 |
| What is the total number of Complaints Lodged in NSE? | 0 |
| How many of these complaints have been Resolved in NSE? | 0 |
What are the advantage/benefits of Paytm money trading account
Some of the Paytm Monet Trading Account benefits are:-
- Seamless and effortless operation of mobile and other trading platforms
- Demat Account can be activated in just a single day
- Minimum brokerage charges
- Continuous research market reports on the stock market are available to the investors
- More than 300 offline branches options are available
- Net banking facility is available to the traders
What are the Paytm Money Review & Ratings as per their Customer?
| Ratings & Reviews | |
| We are looking at Companies’ Ratings on various parameters | |
| Stock Market Research & Broking Advisory | 2.7/5 |
| Brokerage & other Charges like – Turnover, Transaction Charges etc. | 2.8/5 |
| Types of Products & Services the Brand provides | 3.4/5 |
| Performance Mobile App, Trading Terminal & Web Trading Platform | 2.5/5 |
| Experience in the Broking Business | 3.1/5 |
| Total Avg. Rating of Broking House | 3.0/5 |
| Star Rating given to Stock Broker | ★★★☆☆ |
| Number of People Contributed to These Ratings | 315 |
Paytm money conclusion
Paytm Money is performing efficiently and making all its efforts to compete with the other stock broking company in the industry. The company offers an extensive range of products and services to customers.
The Research and advisory service and customer services are also highly efficient. The brokerage charges of the company are the lowest in comparison with other stock broking companies in the industry. The company is highly competitive. Being its new establishment, the company is aiming to satisfy the traders in all possible ways they can
Open Demat Account Now – Fill up the Form Below
