FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI. Zerodha offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Paytm Money Max Rs 20 per trade. Both the brokers are Discount Brokers. Zerodha is having overall higher rating compare to Paytm Money. Zerodha is rated 4.5 out of 5 where Paytm Money is rated only 4 out of 5. Number of active customer for Zerodha is 63,24,623 where number of active customer for Paytm Money is 6,60,055. Zerodha is serving more customer compare to Paytm Money.
Here we present side-by-side comparison of Zerodha 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 Zerodha 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 Zerodha 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 Zerodha 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.
Comparison of Zerodha with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening where Paytm Money charges Rs 200 for account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where Zerodha charges Rs 300 PA AMC for Demat account.
Charges | Zerodha | Paytm Money |
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Trading Account Opening Fees | Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) | Rs 200 |
Trading AMC | Free | Rs 30 per month (Platform fees) |
Demat Account Opening Fees | Free | Free |
Demat AMC | Rs 300 PA | Free |
Provide DP Service | ![]() |
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Plans are the most important feature you look when compare Zerodha 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 | Zerodha | Paytm Money |
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Multiple Plans | ![]() |
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Monthly Plans | ![]() |
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Yearly Plans | ![]() |
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Zerodha | Paytm Money | |
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Account Opening Request |
Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.
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 | Zerodha | Paytm Money |
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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 | Info Not Available | Info Not Available |
Call & Trade Charges | Rs 50 Per Executable Order | Rs 100 per executed order |
Auto Square off Charges | Rs 50 Per Executable Order | Rs 50 per executed order |
Brokerage Calculator | Brokerage Calculator for Zerodha | Brokerage Calculator for Paytm Money |
Compare Zerodha with Paytm Money on transaction charges and PCM fee by segment.
Transaction Charges Compare | Zerodha | Paytm Money |
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Equity Delivery | Rs 335 Per Cr | Rs 335 Per Cr |
Equity Intraday | Rs 335 Per Cr | Rs 335 Per Cr |
Equity Futures | Rs 200 Per Cr | Rs 200 Per Cr |
Equity Options | Rs 5050 Per Cr | Rs 5050 Per Cr |
Currency Futures | Rs 90 Per Cr | Rs 90 Per Cr |
Currency Options | Rs 3500 Per Cr | Rs 3500 Per Cr |
Commodity | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | NA |
Brokerage Charges | Complete Brokerage Plans for zerodha | Complete Brokerage Plans for paytm-money |
Compare Zerodha with Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Zerodha offers 3-in-1 account where Paytm Money offers only 2-in-1 account which includes trading and demat account. Algo Trading - Zerodha offers Algo Trading where Paytm Money doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Zerodha offers NRI where Paytm Money doesn't offers NRI Trading.
Account Features Compare | Zerodha | Paytm Money |
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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 | 3:10 PM | 3:10 PM |
NRI Trading | ![]() |
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Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Zerodha 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 | Zerodha | Paytm Money |
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Desktop Trading Platform | Kite By Zerodha | Paytm Money |
Desktop Demo | Info Not Available | 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 | 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 | Zerodha Kite | Paytm Money App |
Mobile Trading App Demo | Zerodha Kite Demo | Info Not Available |
Android Mobile App | ![]() |
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Android App Download | Andriod Zerodha Kite Download | Andriod Paytm Money App Download |
iPhone Mobile App (IOS) | ![]() |
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iOS App Download | iOS Zerodha Kite 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 Zerodha | Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
Futures Brokerage Calculator | Futures Brokerage Calculator for Zerodha | Futures Brokerage Calculator for Paytm Money |
Options Brokerage Calculator | Options Brokerage Calculator for Zerodha | Options Brokerage Calculator for Paytm Money |
Detail | Detail on Trading Platforms for zerodha | Detail on Trading Platforms for paytm-money |
Compare Zerodha 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 - Zerodha 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 | Zerodha | Paytm Money |
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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 | NPS |
Order Type - Compare Zerodha 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) - Paytm Money provides Bracket Orders (BO) where Zerodha doesn't offer.With the name its cleare 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 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- Zerodha offers Good Till Cancelled (GTC) orders where Paytm Money doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | Zerodha | Paytm Money |
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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 Zerodha 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 | Zerodha | Paytm Money |
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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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"+ 91 80 4040 2020" | Info Not Available |
Account Opening Process
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Online/Paperless | Online/Paperless |
Customer Support Email
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[email protected] | [email protected] |
Knowledge Center/Education
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https://zerodha.com/varsity/ | https://www.paytmmoney.com/care |
Head Office Address
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Zerodha Headquater #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore - 560078 |
Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
Website
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https://zerodha.com/ | https://www.paytmmoney.com/ |
Compare Zerodha with Paytm Money on research reports and tips provided by the broker.
Compare Zerodha 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 Zerodha is ₹300 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 Zerodha is ₹8 + ₹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
Compare Zerodha with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
Zerodha | Paytm Money | |
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Pay In and Pay Out Options
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pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite 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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Max 24 hrs except for bank holidays | Max 24 hrs except bank holidays |
Bank Supported and Charges
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Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). | Paytm Money allows 190+ Banks. |
Bank Detail | HDFC Bank Account#ZERNSE Branch: Sandoz Branch, Mumbai IFSC Code:HDFC0000240 |
Info Not Available |
Likes |
Trading with Zerodha brings multiple benefits or advantages, an indicative list is as follows;
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Dislikes |
Despite many advantages, there are following drawbacks while trading with India's leading discount broker, Zerodha
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Special Offers/Promo | Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. | |
Enquiry | Open Zerodha Account Now>> | Open Paytm Money Account Now>> |
Last Updated on 2023-09-13T05:06:06+00:00
Paytm Money is relatively a new broker in the discount broking space whereas Zerodha has built a strong reputation in the Indian broking industry with the largest market share. Let’s find out the comparison between Zerodha and Paytm Money on various bases to know which one to choose? or which broker is the best?
Basis of difference | Zerodha | Paytm Money |
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Online trading products | Wide range of products including equity, F&O, commodity, Currency, IPO, and fixed income products. | Limited trading products i.e. equity, NPS and does not provide derivative, commodity, and currency trading. |
Mutual Fund | First broker to offer Direct mutual fund investment at zero brokerage. | Recently in 2019, started offering commission-free Direct mutual fund investment |
Trading Platform | Best trading platforms with advanced features like Zerodha Kite (Web and mobile app) and Zerodha Coin (Direct Mutual fund investment platform) | Simple and easy to use platforms but available with limited features like Paytm Money Web and Paytm Money App |
Brokerage charges | Free delivery trading and Flat Rs. 20 per order in other segments. | Lower brokerage charges with 0 brokerage delivery trading and flat Rs. 10 per order intraday charges. |
It is clear that despite lower intraday trading charges of Paytm Money, Zerodha is the best broker because of multiple products offering, pioneering trading platforms, a large clientele base, and a strong reputation in the broking space.
In a simple and clear answer point of view, we can say "No". Paytm Money is not better than Zerodha. Just don't compare brokerage, brokerage is a very small amount when you do trading.
Both brokers offer Free delivery trade, Zerodha is charging Max Rs 20 and Paytm Money is charging Max Rs 10.
Zerodha's policy is very clear, they always have an account opening fee and Demat AMC. But other than this company is not charging any extra fees/charges.
Where Paytm Money is offering Free Trading and Demat account, but charging Rs 200 for Digital KYC (Which is nothing but account opening charges) and Rs 300 for platform fee which is equal to Zerodha Demat AMC.
So if I compare Zerodha and Paytm Money on account opening charges and AMC, you will end up paying the same amount PA.
Platform wise Zerodha has must better and robust trading platform. Zerodha Kite and Coin both are in-house developed platforms. Both Web and Mobile trading platforms are well integrated with some external software. Zerodha has a very strong hold in ALGO trading.
Where Paytm Money is quite new at this point and provides basic trading software.
In summary, Paytm Money is using Paytm's brand name, but compared to Zerodha they are far behind in the trading/ brokerage business. Paytm Money is good for investor and beginners to start trading journey. Zerodha is good for all type of investor. Please use below link to Open Account with Zerodha.