
Likewise Zerodha, Upstox, 5paisa, Angel One, Paytm Money also follows fixed or flat Rs 20 pricing model.
All equity intraday trades are charged at a lower of 0.05% or Rs 20/order brokerage.
However, unlike Zerodha, Fyers, and Angel One who offer free investment in stocks, Delivery trading is not free in Paytm Money. Trading in equity delivery segment (Cash N carry) is charged with a brokerage of Rs 20/order or 2.5% whichever is lower.
Equity futures & options are charged with Rs 20 flat fee or commission. Thus, whether you trade in delivery, intraday, or derivative, the maximum brokerage you have to pay is Rs 20 per executed order.
However, if you have opened an account with Paytm Money before 26 August 23, then equity intraday, delivery, and F&O trading will be charged at the cheapest brokerage of Rs. 15 per order.
| Trading Account Opening Charges | Free |
| Trading Account AMC | Free |
| Demat Account Opening Charges | Free |
| Demat Account AMC | Free |
Visit Paytm Money Brokerage Charges page to check plans, fees, and taxes.
Check and compare Paytm Money charges with 5 close competitors.
To invest in the Indian stock market, you need to open several accounts with Paytm Money. Here are the types of accounts the broker offers to users;
Paytm Money is a popular broker for mutual fund investment. To invest in mutual funds, you need to open a Demat account mandatorily as it stores all your mutual fund holdings.
Here are the reasons why;
Open an account with Paytm Money in a fully digital manner at zero paperwork involved. The broker provides instant 100% paperless KYC based account opening process wherein customers can download the Paytm Money app, register KYC, and complete the set up.
Step to open Paytm Money Demat Account Online;
Note: Once the KYC process is done and details are verified by the KYC team, your Demat & Trading account will be activated, and you can start trading and investing in stocks and derivatives.
| Android Trading App | Android Paytm Money App Download |
| iOS Trading App | iOS App Download |
| Web Trading Detail | Paytm Money Web |
| Trading Software Charges | Rs. 30 per month |
| Detail | Detail on Trading Platforms for paytm-money |
Invest effortlessly through Paytm Money mobile app and website at no hassle. The platforms not only allow you to invest seamlessly but also provide a host of features for traders and investors like you.
Unlike other top brokers like Zerodha, Fyers, Groww who offer free-of-cost platforms, Paytm Money charges an upfront fee to use its platform features. You can choose to pay a fee of Rs 30 + GST every month while its annual subscription fee is Rs 300 + GST.
The broker does not have installable desktop trading software for pro traders.
For a detailed review of the mobile app and download, please visit Paytm Money Trading Platform Review
Paytm Money API is a service offered by Paytm Money that allows developers to connect their applications directly to a trading account.
It enables automated order placement, access to market data, and portfolio management without using the regular trading app.
| API Type |
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| API Charges | Free |
Paytm Money Margin Trading Facility (MTF) lets you buy stocks by paying only a fraction of the total price, while Paytm Money funds the rest. You pay interest on the borrowed amount, making it easier to increase your buying power with less upfront money.
| MTF Leverage | Up to 4X buying power on 1200+ stocks |
| MTF Interest Rate | 7.99% - 9.99% per annum |
| MTF Segment | Equity Delivery |
| MTF Pledge Charges | ₹20 per ISIN |
| MTF Unpledged Charges | ₹20 per ISIN |
| Maximum MTF Funding | Up to ₹5 crore |
Paytm Money Limited was founded in 2017 by One97 Communications, India’s largest digital payment services company. The platforms offered by Paytm Money make your investment journey easier than ever before. Enjoy a fully digital investment experience at no paperwork with Paytm Money through its simple, user-friendly and transparent trading platforms.
Check out the Paytm Money review to know about the brokerage fee, account opening fee, Demat AMC, trading platform features and much more.
Initially, the stock broker offered only direct mutual funds, but later added other investment products as well.
Paytm Money is a registered stock broker with SEBI, BSE, NSE and CDSL depository participant. You can trade or invest in stocks, equity F&O, IPOs, and direct mutual funds. The stock broker is also registered with PFRDA as a point of presence to allow investment in NPS (National Pension Scheme).
A maximum of Rs 20 brokerage is charged for trading in all segment while investment in mutual funds are free.
You can trade or invest through Paytm Money's mobile app or trading website. Paytm Money's platforms are very easy to use and allow users to invest effortlessly. It also offers advanced trading tools like TradingView charts, GTT, bracket order, cover order, and advanced F&O analysis.
Paytm Money does not offer intraday trading tips/calls, research reports and advisory services to its users.
The discount broking firm only provides online customer support via email and raising a ticket online. However, offline branch-based support is not available. It does not even have a customer care number to solve customer queries.
| Paytm Money Customer Care Phone Number | NA |
| Paytm Money Customer Support Email | [email protected] |
| Paytm Money Knowledge Center | https://www.paytmmoney.com/care |
If you are a beginner who has just entered the world of trading and investing, Paytm Money is the best broker for you.
The user-friendly platforms coupled with low-cost brokerage trading at Rs 20/order and free investment in mutual funds make Paytm Money an excellent choice for you.
Yes, Paytm Money is a safe for trading and for investment due to following reasons;
Paytm Money allows customers to add a maximum of 5 bank accounts that can be linked to the Paytm Money Trading account. Customers can add or withdraw funds through any of these 5 accounts. The broker supports instant bank account verification via IMPS penny drop verification wherein Paytm Money transfers Rs. 1 instantly to your bank account.
As per the market regulator SEBI, each broker has a mandatory obligation to do the funds and securities settlement every quarter and send the retention statement to the client. Under the quarterly settlement process, all the fund balance in the Paytm Money Trading account is credited back to the customer’s bank account.
Unrealized P& L indicates all profits and losses resulting from an increase or decrease in value of the investment, but that is not yet booked means P&L that exists on paper and shares are not yet sold by the user.
You can check the details of the complete charges in the contract note shows available on the Paytm Money app and website. The contract note shows the complete breakdown of all the charges including brokerage, exchange transaction fee, security transaction charges (STT), GST, Stamp duty, and others.
Ledger statement represents the complete details of all the fund transfer transactions including deposits (payins) and withdrawal (payouts) processed for a particular period. Every day, the ledger gets updated at 10:30 to 11:00 PM. Customers can download the ledger statement from the Paytm Money mobile app or web platform through the below steps;
Balance used shows the amount used by a user for all the trade orders placed through Paytm Money App or web. It includes the amount of all the orders executed as well as the blocked amount for pending orders.
The position gives a summary of all the executed trade orders. For instance, if you have bought a share today, then it will be shown under the “position” section under the “Portfolio” tab. However, stocks purchased today will be shown in the “Holdings” tab from the next trading day.
Paytm Money Securities is the best online stockbroker for mutual fund investment due to below reasons;
Paytm Money is one of India’s fastest growing discount brokers that is offering trading and investment in stocks, futures & options, mutual funds, and NPS retirement funds. Traders and Investors can choose broker on various reasons;
Any Paytm Money user can change default bank account online. Paytm money allows customers to change the primary bank account and add a new bank account as default bank through the below steps;
KYC (Know Your Customer) is a mandatory process to verify customers’ identities. Paytm Money offers a 100% paperless or digital account opening process by successfully registering KYC. If you want to trade and/or invest in stocks, derivatives, and IPO, then you must complete stock market KYC through its mobile app or trading website. The KYC registration process is fully digital, easy, and takes just a few minutes and once details are verified, your account will be Investment Ready (IR).
Steps to register stock market KYC on Paytm Money
If you have enough margin available in your account, then you can convert intraday positions to delivery trade or vice-versa. Here is the process explained to convert intraday to delivery trade through Paytm Money;
Note: You can follow the same steps to convert CNC to MIS as well. Position conversion from intraday to carry forward (CNC) and carry forward to MIS is only allowed till 3:15 PM.
Customers can add money to their Paytm Money trading account using their net banking portal. The discount broker charges Rs. 10 payment gateway charges + applicable GST to transfer funds through the net banking process.
Paytm Money offers a free UPI-based fund transfer mechanism to add funds instantly to your trading.
Steps to transfer funds to Paytm Money account using UPI:
Any Paytm Money Trading Account holder can add or transfer funds using two different modes, mentioned as follows:
In March 2019, Paytm Money launched “Investment Packs” to provide a one-stop solution to meet investor's long-term goals. In this, the broker’s advisory team creates a bunch or portfolio of 3-5 mutual fund schemes that are suitable in line with the client’s risk profile and investment goal. There are two types of Paytm Money Investment Packs that are as follows;
Paytm Money offers the simplest and easy to use online trading platforms to its clients through Paytm Money App and web platform.
Steps to start online trading with Paytm Money:
Yes, Paytm Money Limited, a subsidiary of Paytm is a SEBI-registered Investment Adviser under SEBI regulation 2013. Both the Paytm Money Web and Paytm Money Mobile app are the SEBI-registered platforms that assure its integrity, safety, and security.
Paytm Money Stock Broking is absolutely free for investment in direct mutual funds across asset classes of 40 AMCs. However, the broker does not allow free investment in stocks as delivery, intraday, and equity F&O trading is charged at Rs 20/per order brokerage fee.
Beginners do not have good trading knowledge and their key requirement is to trade at the lowest brokerage charges and in this regard, Paytm is the best broker. It is because the broker offers trading at just Rs. 20 per order flat brokerage on intraday, delivery, and equity derivative trading. Further, it is the best broker for beginners who want to invest in mutual funds because the brokerage firm offers direct mutual funds at zero brokerage fee and also offers mutual fund advisory services to assist people to invest in the best mutual fund scheme.