Finvasia Vs Paytm Money (Compare Finvasia and Paytm Money)

The side-by-side comparison of Finvasia and Paytm Money. Compare Finvasia Vs Paytm Money brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Finvasia vs Paytm Money?


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
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

Expand

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
Supported Exchnages BSE, NSE, MCX NSE and BSE
Account Type Standard Standard Plan
Year of Incorporation 2013 2017
Number of Branches 1 1
Broker Enquiry Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
Expand

Finvasia Vs Paytm Money Charges & AMC

Finvasia trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 200. 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 200
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 0 per year (Lifetime Zero AMC) Rs 0 (Free)
Expand

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 - Minimum Rs 0.01 per executed order) and intraday is R10 per executed order or 0.05% whichever is lower.

  Finvasia Paytm Money
Account Type Standard Standard Plan
Fixed Charges NA NA
Equity Delivery Brokerage Rs 0 Rs 0 (Free - Minimum Rs 0.01 per executed order)
Equity Intraday Brokerage Rs 0 R10 per executed order or 0.05% whichever is lower
Equity Futures Brokerage Rs 0 Rs 10 per executed order
Equity Options Brokerage Rs 0 Rs 10 per executed order
Currency Futures Trading Brokerage Rs 0
Currency Options Trading Brokerage Rs 0
Commodity Futures Trading Brokerage Rs 0
Commodity Options Trading Brokerage Rs 0
Special Offer
Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer

Finvasia Charges Vs Paytm Money

Minimum Brokerage Charges Rs 0 Rs 0.01 per executed order on Equity Delivery trades
Other Brokerage 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
Expand

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%)
Expand

Finvasia Vs Paytm Money Leverage (Margin)

Finvasia provides the margin of up to 10x for intraday trades whereas the Paytm Money margin for intraday cash is Up to 7.5x (based on the stock).

  Finvasia Paytm Money
Equity Delivery 1x 1x (no margin)
Equity Intraday up to 10x Up to 7.5x (based on the stock)
Equity Futures 2x Intra-day: 3x | Carry forward: 1x (no margin)
Equity Options 1x Intra-day (Options Sell): 3x | Carry forward: 1x (no margin)
Currency Futures 1x
Currency Options 1x
Commodity Futures 2x
Commodity Options 1x
Expand

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 Available 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
Expand

Finvasia Vs Paytm Money Review

Finvasia is rated 4.5 of 5 based on 36 customer reviews whereas Paytm Money is rated 3.5 of 5 based on 8 customer reviews.

  Finvasia Paytm Money
  36 Customer Reviews    Rate Finvasia 8 Customer Reviews    Rate Paytm Money
Fees 4.7 3.8
Trading Brokerage 4.9 3.9
Trading Platform Usability 3.5 3.6
Customer Service 4.4 2.5
Research Capabilities 2.7 3.0
Overall Ratings Rated 4.5 stars Rated 3.5 stars
Broker Rating Finvasia is rated 4.5 of 5 based on 36 customer reviews Paytm Money is rated 3.5 of 5 based on 8 customer reviews
Expand

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....

Expand

Finvasia Vs Paytm Money Investment Options

  Finvasia Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD No No
Debt No No
Other Investment Options NPS Retirement Fund, Digital Fund
Expand

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
Expand

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
Expand

Finvasia Vs Paytm Money Suitable For Investor Type

  Finvasia Paytm Money
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
Expand

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.
  • Charges for the usage of trading platforms.
  • 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 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.

Compare More Brokers...

Finvasia Paytm Money
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App