Groww Vs Paytm Money (Compare Groww and Paytm Money)

• Simple pricing model with low-cost trading charges.
• Free Mutual Fund investments with no hidden charges.
• Zero Account opening fee.
• Zero Maintenance Charges.
• Direct MF platform that helps you earn an extra 1.5% returns.
• E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
• Instant paperless account opening.
• Online IPO application.
• Inhouse Brokerage Calculator
• Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 

• 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.

• Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
• No Call and Trade services.
• Branch support not available.
• Do not provide stock tips, research reports, or recommendations.
• No Margin trading facility.
• No Margin against shares.
• Advanced order types like BO, CO, AMO, and GTT not available.
• Trailling stop loss orders are not available in Groww app.
• Do not offer NRI Trading.

• 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.

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.

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.

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.