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Paytm Money - Safe, Reliable & Trustworthy Broker

Paytm Money is a wholly-owned subsidiary of One97 Communications Limited offering trading and investment services to investors. Paytm Money is a safe and reliable online discount broker offering stock, mutual funds, Derivatives, NPS, ETF, IPO, and Digital gold investments to its customers.

Paytm Money is an online stockbroker with one branch. The company offers a proprietary trading platform 'Paytm Money' for trading and investment.

Incorporated in 2017, Paytm Money is a fast-evolving platform that started with mutual funds and soon ventured into Equity Stocks, NPS and Digital Gold. The company recently launched F&O trading and investment services and is working on Currency and Commodity products. With the changing digital era, Paytm Money aims to make wealth management easy and accessible to a large number of Indians by covering the entire gamut of financial services.

Paytm Money is a SEBI registered broker, InvestmentAdvisory, and a Depository Participant with CDSL. It is a member of BSE and NSE. As a member of stock exchanges, the transactions of the company get inspected at regular intervals.

About Paytm Money

The following are some of the key facts you should know about Paytm Money.

Wholly owned subsidiary of One97 Communications Ltd.
Owns and operates Paytm which is India's largest mobile payments and commerce platform.
Incorporated in 2017 as a direct mutual fund platform.
One of India's fast-evolving platform with 6 million+ users as of Dec 2020.
Mutual Fund Investment advisory services.
No customer branch support.

Why is Paytm Money safer than other brokers?

Strong Parent Company
Paytm Money is owned by One 97 Communications, which is India's largest mobile marketing company. One97 Communications has been in the business for 20+ years and is India's leading mobile internet company that delivers mobile content and commerce services to millions of mobile consumers.
No Margin Funding
Paytm Money does not offer a risky product of margin funding to customers for trading.
Trusted by millions of Indians
Started in 2017 with the mutual fund as the only offering, Paytm Money has earned six million+ users across India in such a short span. A healthy client base reflects the trust and confidence of the customers in the company.
Low client to complaint ratio
As of Jan 2021, Paytm Money has no client complaints at BSE. The percentage of complaints to the active client at NSE is also less at 0.01%. The low client to complaint ratio represents the sturdy health of the broker.
No Proprietory Trading
Paytm Money does not do proprietary trading. Thus, the customer funds remain safe as there are no chances of the company using customer funds for its own trading.
Simple Pricing Model
Paytm Money has a simple pricing model with one single brokerage rate for all its customers. Having a single rate for all customers reduces the operational risks significantly.
Safe and Secured trading app
Paytm Money trading app is a safe and secured app with bank-level security that protects the customer data and transactions from unauthorized access. Moreover, Paytm Money trading platforms are secured with two-factor authentication with additional security with fingerprint and pin-based locks.

Paytm Money Risks

While Paytm Money is a safe broker, one must be aware that Paytm Money is relatively new in the brokerage industry. It is also not a listed company. As the company is not listed and traded, the company financials are not available in the public domain for analysis. Unlike its listed peers, Paytm Money does not come under regular scrutiny by regulators, shareholders, and investors. Also, being an unlisted company, Paytm Money is not required to display information for shareholders publicly.

Paytm Money Memberships

Paytm Money is registered with SEBI as a Stock Broker, Investment Advisory, and a Depository Participant. The company is also a member of leading stock exchanges like NSE and BSE. Paytm Money's various membership details are as follows:

Member: BSE, NSE
Paytm Money SEBI Registration no.: INZ000240532
Paytm Money Investment Advisor SEBI Registration No.: INA100009859
Paytm Money CDSL SEBI Registration No.: IN-DP-416-2019
Paytm Money PFRDA NPS e-POP Registration No.: 269042019

Conclusion

Paytm Money is a safe, reliable, and trusted stockbroker in India. The company is a genuine stockbroker with all required certifications and memberships. It is one of the fast-evolving organization that aims to service millions of Indians by providing them easy access to manage their wealth effectively at low-cost prices. As a customer, you can rely on the company to be fair and consider your money to be safe with Paytm Money as with any other leading stockbroker.

Must Read:

10 Steps to safeguard trading and Demat account

Paytm Money Special Offer

Free Equity Delivery Trading

Get free equity delivery trading (no brokerage) and pay flat Rs 10 brokerage for Intraday and F&O trades. Rs 0 AMC for your demat account. To open an account with Paytm Money, simply Open Online Account or request a callback.

Frequently Asked Questions

1. What is Paytm Money?

Paytm Money is an ideal investing platform for first-time investors. Paytm Money is an online discount broker offering trading and investment services across Equity, Mutual Funds, NPS, Digital Gold, ETF, and Derivatives.

Paytm Money is a fast-evolving investment platform that aims to provide millions of Indians an easy access to manage their wealth by offering them an entire range of financial services under one roof.

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2. Is Paytm Money reliable?

Paytm Money is a SEBI registered broker and an Investment Advisor. The company is also a member of BSE and NSE and has CDSL depository membership. The company is genuine with all required certifications and licenses to conduct the business.

In the case of mutual fund transactions, Paytm Money acts as a mere facilitator as your transactions get routed directly from your bank account to AMC and vice versa, and at no stage, Paytm Money directly handles your funds. Paytm Money also uses the latest encryption standards and two-factor authentication login to ensure data privacy.

Overall, Paytm Money is as reliable as any other broker in the market.

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3. Is Paytm Money SEBI registered?
Yes, Paytm Money is a SEBI registered Stockbroker and an Investment Advisor.
- Paytm Money Stock Broking SEBI Registration no.: INZ000240532
- Paytm Money Investment Advisor SEBI Registration no.: INA100009859
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4. Is Paytm Money safe for trading?

Paytm Money is a safe and secured trading platform with bank-level security standards.

Paytm Money believes in investor first approach and is customer-centric. It aims to provide easy access to financial services to millions of Indians. Paytm Money has won over 6 million+ customers in a short span of 3 years.

Moreover, Paytm Money is a SEBI registered broker, an Investment Advisor and a member of NSE and BSE. Being a member of such regulatory authorities, the transactions of the company get scrutinized at regular intervals protecting the interest of the investors.

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5. Is it safe to use Paytm Money?
Paytm Money believes in simplicity, integrity, and is investor-centric.

Paytm Money is a safe, secure, genuine, and reliable investment platform with the below-stated reasons reflecting its safety.
- SEBI registered Stock Broker.
- SEBI Registered Investment Advisor.
- Member of BSE and NSE.
- Bank-level Security Standards.
- Login with two-factor authentication.
- Option to set up additional fingerprint and PIN-based locks.
- Trusted by millions of users.
- No Margin funding by the broker.
- No Proprietary Trading.
- Lower client to complaint ratio.
- No violations or penalties as of Jan 2021.
- Pension Fund Regulatory and Development Authority Registered Point of Presence.
Thus, Paytm Money is as safe as any other broker in the market for your investments.
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6. How to use Paytm Money?

To use and invest through Paytm Money, you need to download the Paytm Money app from Play Store or App Store. You can also choose to invest through the Paytm Money website.

Once the app is downloaded, log in using the existing Paytm credentials used for the Paytm payment app. In case you do not have or use the Paytm app, create a new login based on your mobile number or email id.

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