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Finvasia Vs Paytm Money (Compare Finvasia and Paytm Money)


Finvasia Securities Pvt Ltd Logo

Finvasia
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt Ltd


Paytm Money Limited Logo

Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

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Finvasia Vs Paytm Money

Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  Finvasia Paytm Money
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE and BSE
Year of Incorporation 2013 2017
Number of Branches 1 1
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Finvasia Vs Paytm Money Charges & AMC

Finvasia trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 0. Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Finvasia Paytm Money
Trading Account Opening Charges Rs 0 (Free) Rs 0
Trading Account AMC Charges Rs 0 (Free) Rs 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 0 per year (Lifetime Zero AMC) Rs 0 (Free)
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Finvasia Vs Paytm Money Brokerage Charges & Plans

Finvasia Vs Paytm Money Brokerage

Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0 whereas Paytm Money brokerage charges for equity is Rs 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.

  Finvasia Paytm Money
Account Type Standard Standard Plan
Fixed Charges NA NA
Equity Delivery Rs 0 Rs 0 (Free)
Equity Intraday Rs 0 Lower of 0.05% or Rs 10 per executed order
Equity Futures Rs 0 Rs 10 per executed order
Equity Options Rs 0 Rs 10 per executed order
Currency Futures Rs 0
Currency Options Rs 0
Commodity Futures Rs 0
Commodity Options Rs 0
Special Offer
Special Offer: ₹0 account opening fee + ₹300 of free brokerage + Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades + ₹0 Demat AMC. Get the offer

Finvasia Charges Vs Paytm Money

Minimum Brokerage Rs 0 Rs 0.01 per executed order on Equity Delivery trades
Other Charges Bracket Orders in NEST: Rs 99 per month Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 0 Rs 300
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Finvasia Vs Paytm Money Transaction Charges

Finvasia transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  Finvasia Paytm Money
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side) Rs 190 per Cr (0.0019%)
Equity Options Rs 5000 per Cr (0.05%) (on premium) Rs 5,000 per Cr (0.05%)
Currency Futures Rs 115 per Cr (0.00115%)
Currency Options Rs 4000 per Cr (0.04%) (on premium)
Commodity Rs 260 per Cr (0.0026%)
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Finvasia Vs Paytm Money Leverage (Margin)

Finvasia margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Paytm Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Finvasia Paytm Money
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Finvasia and Paytm Money Features

The trading platforms offered Finvasia include Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Finvasia Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) No No
Margin Against Shares (Equity F&O) No No
Trading Platform Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 PM 3:15 PM
Other Features Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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Finvasia Vs Paytm Money Review

Finvasia is rated 4.5 of 5 based on 43 customer reviews whereas Paytm Money is rated 3.4 of 5 based on 17 customer reviews.

  Finvasia Paytm Money
  43 Customer Reviews    Rate Finvasia 17 Customer Reviews    Rate Paytm Money
Fees 4.7 3.4
Brokerage 4.9 3.9
Trading Platform 3.5 3.6
Customer Service 4.4 2.5
Research Capabilities 2.9 3.2
Overall Ratings Rated 4.5 stars Rated 3.4 stars
Broker Rating Finvasia is rated 4.5 of 5 based on 43 customer reviews Paytm Money is rated 3.4 of 5 based on 17 customer reviews
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Contact Broker / Request A Call Back

  Finvasia Enquire Paytm Money Enquire
Contact Broker Leave your contact information and we will get in touch with you....
₹0 account opening fee + ₹300 of free brokerage + Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades + ₹0 Demat AMC. Get the offer
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Finvasia Vs Paytm Money Investment Options

  Finvasia Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No No
Debt No No
Other Investment Options NPS Retirement Fund, Digital Fund
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Finvasia Vs Paytm Money Order Type Offered

  Finvasia Paytm Money
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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Finvasia Vs Paytm Money Research Report

  Finvasia Paytm Money
Daily Market Report Yes No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Finvasia Vs Paytm Money Suitable For Investor Type

  Finvasia Paytm Money
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Finvasia Vs Paytm Money - Pros and Cons

  Finvasia Paytm Money
Pros
  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.
  • Brokerage free equity delivery trading.
  • Low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
Cons
  • Scalpter, the web-based trading platform has only 1 min charting frame.
  • Bracket orders are chargeable.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.
  • Finvasia is an online stock broker. It doesn't have branch offices.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms uses fee: Rs 300 per year.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 10 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

Promo / Offers

Free Equity Delivery Trades for Life and More...

  • ₹0 account opening fee +
  • ₹300 of free brokerage +
  • Brokerage-free Equity Delivery +
  • Flat ₹10 per trade for Intraday & F&O +
  • ₹0 Demat AMC

This is a limited-time offer. Open Instant Paytm Account online and start trading today.

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Finvasia Paytm Money
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