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Fyers Vs Paytm Money (Compare Fyers and Paytm Money)

About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of 'Focus Your Energy & Reform the Self', representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in...

Fyers Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About 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 ...

Paytm Money Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Fyers Vs Paytm Money

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 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.

	Fyers	Paytm Money
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, MCX	NSE and BSE
Year of Incorporation	2015	2017
Number of Branches	0	1
	Open Fyers Account	Open Paytm Money Account

Fyers Vs Paytm Money Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 200. Fyers Demat Account AMC Charges is Rs 0 (Free) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

	Fyers	Paytm Money
Trading Account Opening Charges	Rs 0 (Free)	Rs 200
Trading Account AMC Charges	Rs 0 (Free)	Rs 300 (Annual Platform Fees)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)

Fyers Vs Paytm Money Brokerage

Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Paytm Money brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is low.

Account Type	Fyers Flat Fee Brokerage Plan	Paytm Money Standard Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 0 (Free)	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	Rs 20 per executed order or 0.05% whichever is low
Equity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 20 per executed order or 0.01% whichever is low
Equity Options	Rs 20 per executed order	Rs 20 per executed order
Currency Futures	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 20 per executed order
Commodity Futures	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Rs 20 per executed order
Special Offer	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.	Special Offer: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer

Fyers Charges Vs Paytm Money

Minimum Brokerage	Intra-day: Rs 7 or 2.5% whichever is lower
Other Charges	Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)	Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier
Call & Trade Charges	Rs 20 per trade	Rs 100

Fyers Vs Paytm Money Transaction Charges

Fyers transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while Paytm Money exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	Fyers	Paytm Money
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	BSE Rs 200 per Cr (0.002%)
Equity Options	NSE Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 3500 per Cr (0.035%) (on premium)	(on premium)
Commodity	NA
	Open Fyers Account	Open Paytm Money Account

Fyers Vs Paytm Money Leverage (Margin)

Fyers 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.

	Fyers	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)
	Open Fyers Account	Open Paytm Money Account

Compare Fyers and Paytm Money Features

The trading platforms offered Fyers include Fyers One (In-house build). Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

	Fyers	Paytm Money
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Fyers One (In-house build)	Paytm Money mobile app, Paytm Money website
Intraday Square-off Time	3:20 PM	3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Brokerage free thematic investing is available
	Open Fyers Account	Open Paytm Money Account

Fyers Vs Paytm Money Review

Fyers is rated 2.9 of 5 based on 34 customer reviews whereas Paytm Money is rated 3.3 of 5 based on 49 customer reviews.

	Fyers	Paytm Money
	34 Customer Reviews	49 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Fyers is rated 2.9 of 5 based on 34 customer reviews	Paytm Money is rated 3.3 of 5 based on 49 customer reviews

Contact Broker / Request A Call Back

	Fyers Enquire	Paytm Money Enquire
Contact Broker	Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.	Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer

Fyers Vs Paytm Money Investment Options

	Fyers	Paytm Money
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		NPS Retirement Fund, Digital Fund

Fyers Vs Paytm Money Order Type Offered

	Fyers	Paytm Money
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Fyers Account	Open Paytm Money Account

Fyers Vs Paytm Money Research Report

	Fyers	Paytm Money
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Fyers Vs Paytm Money Suitable For Investor Type

	Fyers	Paytm Money
Casual Investor
Active Investor
Trader

Fyers Vs Paytm Money - Pros and Cons

	Fyers	Paytm Money
Pros	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum Rs 20 per trade. Free account opening. No software charges. State of art trading platforms. Thematic investment is available Refer your friends and earn 20% of the revenues generated by your friends, for life!	Flat rate brokerage fee (max Rs 20 per trade). 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	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.	Branch support not available. GTC order type not available. Trading platforms use fee: Rs 30 per month. 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 15 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	Fyers Special Offer Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O. Brokerage-free Direct Mutual Fund investment. Trade with one of the best trading platforms in India. This is a limited-time offer. Open FREE Fyers Account online and start trading today.	Paytm Money Special Offer Pay Rs 0 brokerage for first 15 days Pay flat ₹20 per executed order for Delivery, Intraday & F&O. This is a limited-time offer. Open Instant Paytm Account online and start trading today.
	Open Fyers Account	Open Paytm Money Account

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Compare Fyers	Compare Paytm Money
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