Both the brokers are registered with SEBI. Sharekhan offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Sharekhan Max 0.1 to 0.5% per trade while the brokerage of Paytm Money ranges between Rs 20. Sharekhan is a Full Service Broker where Paytm Money is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Paytm Money is 7,13,918 where number of active customer for Sharekhan is 6,17,214. Paytm Money is serving more customer compare to Sharekhan.
Here we present side-by-side comparison of Sharekhan 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 Sharekhan 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 Sharekhan 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 Sharekhan 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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||NSE, BSE|
|Broker Overview||Sharekhan is part of the top 10 brokers in India serving 7.5 lakh+ active customers. Powerful Trade Tiger desktop trading terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated ...||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 & ...|
Comparison of Sharekhan with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan offer Free account opening where Paytm Money charges Rs 200 for account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where Sharekhan charges Rs 400 PA (Waived for first 3 year) AMC for Demat account.
|Trading Account Opening Fees||Free||Rs 200|
|Trading AMC||Free||Rs 30 per month (Platform fees)|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA (Waived for first 3 year)||Free|
|Provide DP Service|
Plans are the most important feature you look when compare Sharekhan with Paytm Money. This section compare on high level about type of plans offered by brokers. Multiple Plans - Sharekhan provide Multiple Plans where Paytm Money doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Sharekhan||Paytm Money|
|Account Opening Request|
Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.
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||Sharekhan||Paytm Money|
|Plan Name||Classic Trading Plan (Percentage Based)||Flat Brokerage Plan|
|Equity Delivery||0.5% or 50 paisa||2.5% or Rs 20 whichever is lower|
|Equity Intraday||0.1% or 10 paisa||0.05% or Rs 20 whichever is lower|
|Equity Futures||0.1% or 10 paisa||0.02% or Rs 20 whichever is lower|
|Equity Options||2.5% of Premium or Rs 250 per lot whichever is high||Flat Fee Rs 20|
|Currency Futures||0.1% or 10 paisa||NA|
|Currency Options||2.5% of Premium or Rs 30 per lot whichever is high||NA|
|Commodity Trading||0.1% or 10 paisa||NA|
|Minimum Brokerage||Rs 20||NIL|
|Funding||Yes - 18% interest PA||Info Not Available|
|Call & Trade Charges||Free||Rs 100 per executed order|
|Auto Square off Charges||Free||Rs 50 per executed order|
|Brokerage Calculator||Brokerage Calculator for Sharekhan||Brokerage Calculator for Paytm Money|
Compare Sharekhan with Paytm Money on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Sharekhan||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||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr||NA|
|Brokerage Charges||Complete Brokerage Plans for sharekhan||Complete Brokerage Plans for paytm-money|
Compare Sharekhan 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 - both doesn't offers Algo trading. Margin Funding - Sharekhan offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - Sharekhan offers NRI where Paytm Money doesn't offers NRI Trading.
|Account Features Compare||Sharekhan||Paytm Money|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:10 PM|
With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan 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||Sharekhan||Paytm Money|
|Desktop Trading Platform||TradeTiger||Paytm Money|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.sharekhan.com/||Paytm Money Web|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Sharekhan||Paytm Money App|
|Mobile Trading App Demo||Sharekhan Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Sharekhan Download||Andriod Paytm Money App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Sharekhan Download||iOS Paytm Money App Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Rs. 30 per month|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Sharekhan||Equity Intraday and Delivery Brokerage Calculator for Paytm Money|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Sharekhan||Futures Brokerage Calculator for Paytm Money|
|Options Brokerage Calculator||Options Brokerage Calculator for Sharekhan||Options Brokerage Calculator for Paytm Money|
|Detail||Detail on Trading Platforms for sharekhan||Detail on Trading Platforms for paytm-money|
|184 Customer Reviews||4 Customer Reviews|
|Trading Brokerage Rating||3.1||4.5|
|Trading Platform Usability||3.9||3.0|
|Customer Service Ratings||3.5||3.5|
|Broker Rating||Sharekhan is Rated 3.6 / 5 based on 184 customer reviews||Paytm Money is Rated 4.0 / 5 based on 4 customer reviews|
Compare Sharekhan 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 - Sharekhan 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) - Sharekhan provide PMS Service where Paytm Money doesn't offer
|Investment Offerings Compare||Sharekhan||Paytm Money|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NPS|
Order Type - Compare Sharekhan 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- Sharekhan offers Good Till Cancelled (GTC) orders where Paytm Money doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Sharekhan||Paytm Money|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Sharekhan 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||Sharekhan||Paytm Money|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||1800227500||Info Not Available|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Sharekhan Limited,
Lodha iThink Techno Campus,
|Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034|
Compare Sharekhan with Paytm Money on research reports and tips provided by the broker.
Compare Sharekhan 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 Paytm Money is Zero where for Sharekhan is ₹500 pa.
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 Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) 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
|DP ID||36000||CDSL: 1208|
|Demat Account Annual Maintenance Charges(AMC)||₹500 pa||Zero|
|Advance Deposit||Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)||Nil|
|Statutory charges||Actual Stamp Paper Charges||Nil|
|Transaction Charges on Debit (Per ISIN)||0.03% (Min ₹30) + ₹5.50 (CDSL Charges)||₹10 per ISIN|
|Demat||₹5 per certificate (Min 50 per request)||₹250 per 100 shares|
|Remat||₹50 per certificate or ₹50 for every hundred securities||₹250 per 100 shares|
|Pledge Creation||0.03% (Min ₹100)||₹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||Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Compare Sharekhan with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
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||Max 24 hrs except bank holidays||Max 24 hrs except bank holidays|
|Bank Supported and Charges||Info Not Available||Paytm Money allows 190+ Banks.|
|Bank Detail||Sharekhan Limited
|Info Not Available|
|Enquiry||Open Sharekhan Account Now>>||Open Paytm Money Account Now>>|
Last Updated on 2023-09-07T05:03:23+00:00