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Both the brokers are registered with SEBI. Fyers offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Fyers Max Rs 20 per trade while the brokerage of Paytm Money Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Paytm Money is 8,02,146 where number of active customer for Fyers is 2,22,798. Paytm Money is serving more customer compare to Fyers.
Here we present side-by-side comparison of Fyers vs Paytm Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Fyers vs Paytm Money's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of Fyers vs Paytm Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Fyers vs Paytm Money's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
 Fyers |
 Paytm Money |
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|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
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Discount Broker | Discount Broker |
| Exchanges Supported
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BSE, NSE, MCX | NSE, BSE |
| Active Clients | 2,22,798 | 8,02,146 |
| Broker Overview | Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...  |
In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... |
| Broker Enquiry |
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Comparison of Fyers with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Both broker don't charge any AMC for Demat Account.
| Charges | Fyers | Paytm Money |
|---|---|---|
| Trading Account Opening Fees | Free | Free |
| Trading AMC | Free | Rs 30 per month (Platform fees) |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Free | Free |
| Provide DP Service |  |
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Plans are the most important feature you look when compare Fyers with Paytm Money. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.
| Plan Types | Fyers | Paytm Money |
|---|---|---|
| Multiple Plans |  |
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| Monthly Plans | |
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| Yearly Plans | |
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| Fyers | Paytm Money | |
|---|---|---|
| Account Opening Request |
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.
| Brokerage Charges Compare | Fyers | Paytm Money |
|---|---|---|
| Plan Name | Max Rs 20 Per Order Trading Plan | Flat Brokerage Plan |
| Equity Delivery | Free | 2.5% or Rs 20 whichever is lower |
| Equity Intraday | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.03% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
| Equity Options | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Currency Futures | 0.03% or Rs 20 whichever is lower | NA |
| Currency Options | Flat Fee Rs 20 | NA |
| Commodity Trading | Flat Fee Rs 20 | NA |
| Minimum Brokerage | NIL | NIL |
| Hidden Charges | No | No |
| Funding | No | Info Not Available |
| Call & Trade Charges | Rs 50 Per Order | Rs 100/order +GST |
| Auto Square off Charges | Rs 50 Per Order | Rs 50/order + GST |
| Brokerage Calculator | Brokerage Calculator for Fyers | Brokerage Calculator for Paytm Money |
Compare Fyers with Paytm Money on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Fyers | Paytm Money |
|---|---|---|
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | NA | NA |
| Brokerage Charges | Complete Brokerage Plans for fyers | Complete Brokerage Plans for paytm-money |
Compare Fyers with Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Fyers offers Algo Trading where Paytm Money doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - both doesn't offer NRI Trading facility.
| Account Features Compare | Fyers | Paytm Money |
|---|---|---|
| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:10 PM |
| NRI Trading | |
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| Other Features | Fyers 30 Day Challenge | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Fyers and Paytm Money. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
| Trading Platform Compare | Fyers | Paytm Money |
|---|---|---|
| Desktop Trading Platform | Fyers One | Paytm Money |
| Desktop Demo | Desktop Demo | Info Not Available |
| Desktop Platform (Windows) | |
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| Desktop Platform (Mac) | |
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| Web Trading Platform | |
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| Web Trading Detail | Fyers Web | Paytm Money Web |
| Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | Fyers 2.0 Mobile App | Paytm Money App |
| Mobile Trading App Demo | Fyers 2.0 Mobile App Demo | Paytm Money App Demo |
| Android Mobile App | |
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| Android App Download | Andriod Fyers 2.0 Mobile App Download | Andriod Paytm Money App Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS Fyers 2.0 Mobile App Download | iOS Paytm Money App Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| Trading Software Charges | Free | Rs. 30 per month |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Fyers | Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Fyers | Futures Brokerage Calculator for Paytm Money |
| Options Brokerage Calculator | Options Brokerage Calculator for Fyers | Options Brokerage Calculator for Paytm Money |
| Detail | Detail on Trading Platforms for fyers | Detail on Trading Platforms for paytm-money |
| Fyers | Paytm Money | |
|---|---|---|
10 Customer Reviews
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6 Customer Reviews
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| Fees Ratings | 3.5 | 3.2 |
| Trading Brokerage Rating | 3.6 | 3.8 |
| Trading Platform Usability | 3.6 | 3.2 |
| Customer Service Ratings | 3.4 | 2.7 |
| Overall Ratings | 3.2 | 3.0 |
| Broker Rating | Fyers is Rated 3.2 / 5 based on 10 customer reviews | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews |
Compare Fyers with Paytm Money on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Fyers offers trading options in Commodity (MCX) where Paytm Money doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
| Investment Offerings Compare | Fyers | Paytm Money |
|---|---|---|
| Equity Cash and F&O | |
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| Currency Deravitives | |
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| Commodity | |
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| Online IPO Application | |
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| Mutual Funds | |
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| Bond / NCD | |
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| ETF | |
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| Banking | |
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| Insurance | |
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| Forex | |
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| MF SIP Investment | |
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| Equity SIP Investment | |
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| PMS Service | |
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| Other Investment Options | NIL | NIL |
Order Type - Compare Fyers with Paytm Money on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.
| Order Type Compare | Fyers | Paytm Money |
|---|---|---|
| CNC order | |
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| MIS order | |
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| NRML order | |
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| Cover order | |
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| Bracket order | |
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| AMO-After Market Orders | |
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| GTC-Good Till Cancelled | |
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Compare Fyers with Paytm Money on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
| Customer Service Compare | Fyers | Paytm Money |
|---|---|---|
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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| Customer Care Number
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08060001111 | Info Not Available |
| Account Opening Process
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100% online and paperless proc | Online/Paperless |
| Customer Support Email
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[email protected] | [email protected] |
| Knowledge Center/Education
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https://fyers.in/school-of-stocks/ | https://www.paytmmoney.com/care |
| Head Office Address
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Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009 |
Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
| Website
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https://fyers.in/ | https://www.paytmmoney.com/ |
Compare Fyers with Paytm Money on research reports and tips provided by the broker.
| Fyers | Paytm Money | |
|---|---|---|
| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Compare Fyers with Paytm Money on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Fyers is Free where for Paytm Money is Zero. Fyers is a better choice in terms of Demat AMC compare to Paytm Money.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Fyers is ₹7 + ₹5.50 (CDSL Charges) per transaction where for Paytm Money is ₹10 per ISIN.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
| Fyers | Paytm Money | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
432-2019 | 12088800 |
| Demat Account Annual Maintenance Charges(AMC) | Free | Zero |
| Advance Deposit | Nil | Nil |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹7 + ₹5.50 (CDSL Charges) per transaction | ₹10 per ISIN |
| Demat | ₹0 | ₹250 per 100 shares |
| Remat | ₹0 | ₹250 per 100 shares |
| Pledge Creation | Nil | ₹32 per ISIN |
| Pledge Creation Confirmation | Nil | Nil |
| Pledge Closure | Nil | ₹32 per ISIN |
| Pledge Closure Confirmation | Nil | Nil |
| Pledge Invocation | Nil | ₹32 per ISIN |
| Failed Instruction Charges | Nil | Nil |
| Other Charges | Stamp Charges ₹50, | Nil |
Compare Fyers with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Fyers | Paytm Money | |
|---|---|---|
| Pay In and Pay Out Options
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Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web. Pay-out/Fund Withdrawal - Bank Transfer only |
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time
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Up to 24 Hrs except for Bank Holidays. | Max 24 hrs except bank holidays |
| Bank Supported and Charges
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24+ banks connected via payment gateway, Free pay in and Free Pay Out. | Paytm Money allows 190+ Banks. |
| Bank Detail | Fyers Securities, Account Number:00090340002376 Bank and Branch: HDFC Bank,Kasturba Road, Bangalore Account Type: Current Account IFSC Code: HDFC0000009 |
Info Not Available |
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| Special Offers/Promo | ||
| Enquiry | Open Fyers Account Now>> | Open Paytm Money Account Now>> |
Last Updated on 2024-01-08T01:50:46+00:00
