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The brokerage of Zerodha ranges between Rs 20, the brokerage of Groww ranges between Rs 20, while the brokerage of Paytm Money ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Zerodha is 4.5, Groww is rated 4, Paytm Money is rated 4 out of 5.
Here we present side-by-side comparison of Zerodha vs Groww vs Paytm Money stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Zerodha vs Groww vs Paytm Money on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Zerodha vs Groww vs Paytm Money in this setion with 360 degree view of broker information.
 Zerodha |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | NSE, BSE | NSE, BSE |
| Broker Overview | Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. | Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... |
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 & ... |
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In this section we have compared Zerodha vs Groww vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Zerodha charges Rs 300 PA as AMC for Demat account, Groww charges Free AMC for Demat account, where Paytm Money charges Free AMC for Demat account.
| Charges | Zerodha | Groww | Paytm Money |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Rs 30 per month (Platform fees) |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 300 PA | Free | Free |
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Plans are the most important feature you look when compare Zerodha vs Groww vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Zerodha | Groww | Paytm Money |
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| Zerodha | 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.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free 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 | Groww | Paytm Money |
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| Plan Name | Max Rs 20 per order Trading Plan | Flat Brokerage Plan | Flat Brokerage Plan |
| Equity Delivery | Free | 0.05% or Rs 20 whichever is lower | 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 | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.03% or Rs 20 whichever is lower | Flat Fee Rs 20 | 0.02% or Rs 20 whichever is lower |
| Equity Options | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Currency Futures | 0.03% or Rs 20 whichever is lower | Not Available | NA |
| Currency Options | Flat Fee Rs 20 | Not Available | NA |
| Commodity Trading | Flat Fee Rs 20 | Not Available | NA |
| Minimum Brokerage | NIL | ||
| Hidden Charges | No | Info Not Available | |
| Funding | Info Not Available | Info Not Available | NA |
| Call & Trade Charges | Rs 50 Per Executable Order | Rs 50 Per Executable Order | Rs 100/order +GST |
| Auto Square off Charges | Rs 50 Per Executable Order | Rs 50 Per Executable Order | Rs 50/order + GST |
| Brokerage Calculator | Brokerage Calculator for Zerodha | Brokerage Calculator for Groww | Brokerage Calculator for Paytm Money |
Compare Zerodha vs Groww vs Paytm Money on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Zerodha | Groww | Paytm Money |
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| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | 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 | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | 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 | 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 | 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 | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | NA | NA |
| Brokerage Charges | Complete Brokerage Plans for zerodha | Complete Brokerage Plans for groww | Complete Brokerage Plans for paytm-money |
Compare Zerodha vs Groww vs Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - Groww offers margin funding where Zerodha and Paytm Money doesn't offers margin funding. NRI Trading - Zerodha offers NRI Trading where Groww and Paytm Money doesn't offers NRI Trading.
| Account Features Compare | Zerodha | Groww | Paytm Money |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:20 PM | 3:10 PM | 3:10 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Zerodha vs Groww vs Paytm Money. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| Trading Platform Compare | Zerodha | Groww | Paytm Money |
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| Desktop Trading Platform | NA | Groww App | Paytm Money |
| Desktop Demo | Info Not Available | Info Not Available | Info Not Available |
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| Web Trading Platform | |
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| Web Trading Detail |
Zerodha Kite Web |
Yes |
Paytm Money Web |
| Web Trading Demo | Web Trading Demo | Info Not Available | Web Trading Demo |
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| Mobile Trading App | Zerodha Kite App | Groww App | Paytm Money App |
| Mobile Trading App Demo | Zerodha Kite App Demo | Info Not Available | Paytm Money App Demo |
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| Android App Download | Andriod Zerodha Kite App Download | Andriod Groww App Download | Andriod Download |
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| iOS App Download | iOS Zerodha Kite App Download | iOS Groww App Download | iOS Paytm Money App Download |
| Android Tablet App | |
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| Trading Software Charges | Free | Free | Rs. 30 per month |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Zerodha | Equity Intraday and Delivery Brokerage Calculator for Groww | Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Zerodha | Futures Brokerage Calculator for Groww | Futures Brokerage Calculator for Paytm Money |
| Options Brokerage Calculator | Options Brokerage Calculator for Zerodha | Options Brokerage Calculator for Groww | Options Brokerage Calculator for Paytm Money |
| Detail | Detail on Trading Platforms for zerodha | Detail on Trading Platforms for groww | Detail on Trading Platforms for paytm-money |
| Zerodha | Groww | Paytm Money | ||
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160 Customer Reviews
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8 Customer Reviews
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6 Customer Reviews
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| Fees Ratings | ||||
| Trading Brokerage Rating | ||||
| Trading Platform Usability | ||||
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| Overall Ratings | ||||
| Broker Rating | Zerodha is Rated 3.9 / 5 based on 160 customer reviews | Groww is Rated 4.3 / 5 based on 8 customer reviews | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews |
Compare Zerodha vs Groww vs 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Zerodha offers Commodity Trading where Groww and Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | Zerodha | Groww | Paytm Money |
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| Equity Cash and F&O | |
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| Other Investment Options | NIL | NIL |
Order Type - Compare Zerodha vs Groww vs Paytm Money on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Zerodha and Paytm Money provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Paytm Money provides Bracket Orders (BO) facility where Zerodha and Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Zerodha and Paytm Money AMO facility where Groww doesn't provides AMO. GTC Orders - Zerodha and Paytm Money offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.
| Order Type Compare | Zerodha | Groww | Paytm Money |
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| CNC order | |
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Compare Zerodha vs Groww vs Paytm Money on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | Zerodha | Groww | Paytm Money |
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| 24/7 Customer Service | |
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| Customer Care Number | "+ 91 80 4040 2020" | 9108800604 | NA |
| Account Opening Process | Online/Paperless | Online | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://zerodha.com/varsity/ | https://groww.in/academy | https://www.paytmmoney.com/care |
| Head Office Address | Zerodha Headquater #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore - 560078 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 | Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
| Website | https://zerodha.com/ | https://groww.in/ | https://www.paytmmoney.com/ |
Compare Zerodha vs Groww vs Paytm Money on research reports and tips provided by broker.
| Zerodha | Groww | Paytm Money | |
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| 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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Compare Zerodha vs Groww vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Zerodha | Groww | Paytm Money | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 81600 | No | 12088800 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | Zero | Zero |
| Advance Deposit | Nil | Nil | Nil |
| Statutory charges | ₹50 | Legal Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹8 + ₹5.50 (CDSL Charges) per transaction | ₹8 + ₹5.50 CDSL charges | ₹10 per ISIN |
| Demat | ₹150 per certificate + ₹100 courier charges | ₹150 per certificate + courier charges | ₹250 per 100 shares |
| Remat | ₹150 per certificate + ₹100 courier charges + CDSL Charges | ₹150 per certificate + courier charges | ₹250 per 100 shares |
| Pledge Creation | ₹20 + ₹12 CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) | ₹32 per ISIN |
| Pledge Creation Confirmation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Closure | ₹20 + ₹12 CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) | ₹32 per ISIN |
| Pledge Closure Confirmation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Invocation | ₹20 | ₹20 + Rs. 12 per request (CDSL Charges) | ₹32 per ISIN |
| Failed Instruction Charges | ₹50 per instraction | ₹50 | Nil |
| Other Charges | Nil | Nil | Nil |
Compare Zerodha vs Groww vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Zerodha | Groww | Paytm Money | |
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| Pay In and Pay Out Options | 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 from Goww 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 for bank holidays | Max 24 hrs except bank holidays | Max 24 hrs except bank holidays |
| Bank Supported and Charges | Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. | Paytm Money allows 190+ Banks. |
| Bank Detail | HDFC Bank Account#ZERNSE Branch: Sandoz Branch, Mumbai IFSC Code:HDFC0000240 |
Info Not Available | NA |
| Likes |
You will enjoy many benefits or advantages while trading with 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. | ||
| Enquire for Zerodha | Enquire for Groww | Enquire for Paytm Money |
Last Updated on 2024-07-02T01:41:09+00:00
