Paytm Money Review, Special Offers, Demat, Trading A/C and Brokerage

Paytm Money is a newly established and stock brokerage house in India.

This article provides deep understanding Paytm Money Review, its brokerage charges, Demat and trading account opening charges, trading platform and its features etc.

Paytm Money Highlights
Broker TypeDiscount Broker
Demat Account AMCRs.250 per Annum
Margin RequiredZero Margin
Intraday BrokerageRs.20 per order
Delivery BrokerageRs.20 per order
ExposureUpto 20X

Paytm Money Offers


What do you know about Paytm Money?

Paytm Money Limited is established in the year 1986 in Mumbai, 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 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, Auto pay with physical mandates and pay through UPI. Demat account opening charges of Paytm Money Limited is extremely free.

About Paytm Money 
Know few details about Paytm Money 
Which type of Company is it? – Public / PrivatePrivate
Which type of Broker is it? – Full Service / DiscountDiscount Broker
Where is the registered office of Company Located?New Delhi, Delhi
Who is the Founder of this Company?Vijay Shekhar Sharma
When did the company started?2019

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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 Minimum Rs. 1000. Demat account Annual Maintenance Charges of the company is Rs. 200 and the Trading Account Annual Maintenance Charges are entirely free of cost. 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.300
How much is the Demat AMC?Rs.250 per Annum
What is the Trading AMC?Free
What is the initial Margin amount required?Zero Margin
Is dematerialization available?Yes

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Does Paytm Money provide any Offers to their Clients?

The various Paytm Money offers offered by them to the 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 Free Demat A/C offer?No
Does the broker provide Free Trading A/C offer?Yes
Is this broker offers Discount on Brokerage?Yes
Does the broker offer Happy hour trading to their clients?No
Is the broking house provides flexible brokerage plan?Yes
Does the broker offer 1 month Free brokerage?No
Is the Holiday offers provided by the broker?No
Are there any referral offers shared by the broker?Yes
Zero Brokerage for Loss Making TradesNo

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 deliver charges are 0.20%.The brokerage charges for Equity option and currency option of Paytm Money are Rs. 35 and Rs.20 per lot.

The brokerage charges for the commodity trading of Paytm Money is not applicable and the minimum brokerage requirement of Paytm money relies on the percentage of transaction. The initial money margin amount requirement of the company is Minimum Rs. 10000.

Demat account Annual Maintenance Charges of the company is Rs. 200 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.20 per order
What are the Equity Intraday Charges?Rs.20 per order
How much brokerage charged for Commodity Trading?Rs.20 per order
What is the brokerage on Equity Futures?Rs.20 per order
How much brokerage charged for Equity Options?Rs.20 per order
What is the brokerage on Currency Futures?Rs.20 per order
What is the brokerage on Currency Options?Rs.20 per order
How much is the Minimum Brokerage requires?Rs.20 per order
What is the Demat AMC?Rs.250 per Annum
How much is the Trading AMC?Free
What is the Minimum Margin Required?Zero Margin

Does Paytm Money levy any other charges apart from Brokerage?

Paytm Money 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, Sebi Turnover charges of 0.0002% of total turnover. Minimum Stamp duty imposed on investors depends on 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 is the Transaction Charges levied?0.00310%
What are the STT charges?0.0121% of Total Turnover
What are the SEBI Turnover charges?0.0002% of Total Turnover
How much is the Stamp Duty levied?Depends on State (very minimal)
How are the GST charged?18% of (Brokerage + Transaction Charges)

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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. 20x and the lowest exposure offered by Paytm Money is in the category of Currency Futures and i.e. is 2x. The other exposures offered by the paytm money in different categories such as on  Equity Futures, Equity Delivery and Equity Options are 3x and 4x and  5x 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?Upto 4X
What is the limit on Equity Intraday?Upto 20X
How much is the limit on Equity Futures?Upto 3X
What is the limit on Equity Options?Upto 5X
What is the exposure on Currency Futures?Upto 2X
How much is the leverage on Currency Options?Upto 3X
What is the limit on Commodity Trading?Upto 3X

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How to open paytm money trading and demat account?

In order to activate Paytm Money trading and demat account, following procedure is meant to be followed

Aadhar Card, Pan Card, Passport size photo, Address Proof are some of the important documents required to open Paytm Money trading and demat account

  1. Click on the link given below that says “Open Demat Account” and fill the given Demat Account Opening form.
  2. A call will be made to you from the company executive for the purpose of the verification of your details
  3. Your account can also be opened by personally visiting the company
  4. You can even send e-mail and contact company executive and request them to open your account. The will ask you details and you will also asked to deposit documents
  5. After finishing the procedure and verification, your account will be opened within 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. If 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 across anywhere in the country just by simply downloading their trading app on their Android or IOS Phones.

Traders 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 which can be operated just by browsing a link. In this trading platform, candidate is not required to install nay software just by browsing link, trading can be done.

All the information and facilities are available in these trading platforms which are available in other trading platform provided by the company. So user can enjoy 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 Web Trading Platform?Yes
Do they have 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 performance are available to the traders
  • Graphs of different periods such as of 1 ,3, and 6 months are available and even graphs of different years are also available
  • Customers can also follow Daily and Average Trading price available by the company
  • Online fund transfer facility with all the major banks are available

Paytm money mobile trading app

  • Convenient to operate
  • Trading can trade on different platform by installing the company trading app on Android and on IOS phones
  • Stocks can be purchased just by having internet facility and trading applications on android and on IOS phones.
  • Investors can open their account 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 scrip can be viewed
  • Maps are available so that candidate can easily obtain stock market information
  • Charts are also available for where stock market information is given in a detail
  • Can be accesses 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
Are this software’s 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
Do this software’s provide Personalized Advisory?No
Are these platforms capable of Interactive Chartings?Yes
Do these Apps provide Live Markets data?Yes
Do they provide SMS Alerts?No
Are they providing Email Alerts?Yes
Do these platforms has Multi Account Management solution?No

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What are the various Products provided by Paytm Money?

Details of the wide–range of Paytm Money products offered to the traders are as follows:-

The broking house permits the trader to trade in Equity Trading, Commodity Trading, Currency trading, Option trading to 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 product available?Yes
Do they provide Options trading?Yes
Are the clients allowed to trade in Futures?Yes
Do they have Mutual Funds as 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 account such as Trading, Demat and Saving account
  • Intraday services are also issued
  • IPO services are also extended among the traders
  • Trading exposure of maximum 20x 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 20X

Does Paytm Money provide Research & Advisory to their clients?

Some of the Paytm Money research and advisory services offered to the traders are mentions below:-

  • As the company is newly established, so the broking do not offer fundamental and research reports to the customers.
  • The research and advisory service offered to the traders is not highly efficient is comparison with other stock broking company because of its newly establishment
  • Free stock tips are offered to the clients
  • Offline advisory service are also shared to the traders
  • Dedicated relationship manager for assisting traders during the trader is available
Research, Advisory & Stock Tips
Here are the various research activities done by Paytm Money 
Does the broker shares Fundamental Reports?No
Does the broker shares Research Reports?No
Do they provide Company Reports to their clients?No
Are they analysing Annual Reports of Companies?No
Do they share Company Stock Review?No
Are they sharing Free Stock Tips to 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 Manager 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 customers care facility can be done easily. The customer service team of the company assist the traders both online and offline.

Customers can approach to the customer service team for their trading related concerns for 24 hours as 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 Customer Care Service of Paytm Money 
Are they providing Dedicated Dealer 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 says that the brokerage house did not receive any complains on BSE and NSE against it.

Total 0 complaints were lodged on BSE and NSE against the broking company. With just 0 complaints, it seems that 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 in a single day
  • Minimum brokerage charges
  • Continuous research market reports on 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 Advisory2.7/5
Brokerage & other Charges like – Turnover, Transaction Charges etc.2.8/5
Types of Products & Services the Brand provides3.4/5
Performance Mobile App, Trading Terminal & Web Trading Platform2.5/5
Experience in the Broking Business3.1/5
Total Avg. Rating of Broking House3.0/5
Star Rating of given to Stock Broker★★★☆☆
Number of People Contributed to these Ratings315

 


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 extensive range of products and services to the customers.

The Research and advisory service and customers services is also highly efficient. The brokerage charges of the company are the lowest in comparison with other stock broking company in the industry. The company is highly competitive. Being its new establishment, the company is aiming ti satisfy the traders in all possible ways they can


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