Karvy Vs Paytm Money (Compare Karvy and Paytm Money)

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


Karvy

Alert! 25th Nov 2020 - NSE, BSE terminate Karvy's membership.

Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

Karvy Customers,

Need Help Moving to Another Broker?

Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institutions and individual investors through its wide network of offices. Using their combine account facility one can trade in Equities, Derivatives, Currency or invest in IPOs, Mutual funds or NCDs under one roof. Based in Hyderabad they are among one ... Know more about Karvy Stock Broking 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

Karvy Vs Paytm Money

Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 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.

  Karvy Paytm Money
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX NSE and BSE
Account Type Retail Brokerage Plan Standard Plan
Year of Incorporation 1985 2017
Number of Branches 575 1
Broker Enquiry
Expand

Karvy Vs Paytm Money Charges & AMC

Karvy trading account opening charges is Rs 650 while Paytm Money account opening changes is Rs 200. Karvy Demat Account AMC Charges is Rs 420 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Karvy Paytm Money
Trading Account Opening Charges Rs 650 Rs 200
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 420 Rs 0 (Free)
Expand

Karvy Vs Paytm Money Brokerage Charges & Plans

Karvy Vs Paytm Money Brokerage

Karvy brokerage charges for equity is 0.3% and intraday is 0.03% 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.

  Karvy Paytm Money
Account Type Retail Brokerage Plan Standard Plan
Fixed Charges NA
Equity Delivery Brokerage 0.3% Rs 0 (Free - Minimum Rs 0.01 per executed order)
Equity Intraday Brokerage 0.03% R10 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.03% Rs 10 per executed order
Equity Options Brokerage Rs 30 per lot Rs 10 per executed order
Currency Futures Trading Brokerage 0.03%
Currency Options Trading Brokerage Rs 30 per lot
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage Rs 30 per lot
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

Karvy Vs Paytm Money Brokerage Plan 2

  Karvy Paytm Money
Account Type Premium Subscription Plan of 100000 Standard Plan
Fixed Charges Rs 100,000 per year NA
Equity Delivery Brokerage 0.1% Rs 0 (Free - Minimum Rs 0.01 per executed order)
Equity Intraday Brokerage 0.01% R10 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.01% Rs 10 per executed order
Equity Options Brokerage Rs 10 per lot Rs 10 per executed order
Currency Futures Trading Brokerage 0.01%
Currency Options Trading Brokerage Rs 10 per lot
Commodity Futures Trading Brokerage 0.01%
Commodity Options Trading Brokerage Rs 10 per lot

Karvy Charges Vs Paytm Money

Minimum Brokerage Charges Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher Rs 0.01 per executed order on Equity Delivery trades
Other Brokerage Charges Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 300
Expand

Karvy Vs Paytm Money Transaction Charges

Karvy transaction charges for options is Rs 5500 while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  Karvy Paytm Money
Equity Delivery Rs 325 NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday Rs 325 NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures Rs 230 Rs 190 per Cr (0.0019%)
Equity Options Rs 5500 Rs 5,000 per Cr (0.05%)
Currency Futures Rs 325
Currency Options
Commodity Rs 300
Expand

Karvy Vs Paytm Money Leverage (Margin)

Karvy provides the margin of Upto 20x for intraday trades whereas the Paytm Money margin for intraday cash is Up to 7.5x (based on the stock).

  Karvy Paytm Money
Equity Delivery Upto 5x with 24% interest per year 1x (no margin)
Equity Intraday Upto 20x Up to 7.5x (based on the stock)
Equity Futures Upto 4x Intra-day: 3x | Carry forward: 1x (no margin)
Equity Options Upto 4x for shorting Intra-day (Options Sell): 3x | Carry forward: 1x (no margin)
Currency Futures Nil
Currency Options Nil
Commodity Futures Upto 4x
Commodity Options
Expand

Compare Karvy and Paytm Money Features

The trading platforms offered Karvy include NEST, Karvy Web, Trade Mobile. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Karvy Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform NEST, Karvy Web, Trade Mobile Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 3:15 PM
Other Features Ask the expert, The Finapolis
Referral Program
Expand

Karvy Vs Paytm Money Review

Karvy is rated 2.0 of 5 based on 24 customer reviews whereas Paytm Money is rated 3.8 of 5 based on 4 customer reviews.

  Karvy Paytm Money
  24 Customer Reviews    Rate Karvy 4 Customer Reviews    Rate Paytm Money
Fees 2.6 3.8
Trading Brokerage 2.4 4.3
Trading Platform Usability 2.7 3.8
Customer Service 2.2 3.0
Research Capabilities 2.8
Overall Ratings Rated 2.0 stars Rated 3.8 stars
Broker Rating Karvy is rated 2.0 of 5 based on 24 customer reviews Paytm Money is rated 3.8 of 5 based on 4 customer reviews
Expand

Contact Broker / Request A Call Back

  Karvy Enquire Paytm Money Enquire
Contact Broker
Expand

Karvy Vs Paytm Money Investment Options

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

Karvy Vs Paytm Money Order Type Offered

  Karvy Paytm Money
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
Expand

Karvy Vs Paytm Money Research Report

  Karvy Paytm Money
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

Karvy Vs Paytm Money Suitable For Investor Type

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

Karvy Vs Paytm Money - Pros and Cons

  Karvy Paytm Money
Pros
  1. Pay Rs 1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  • 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
  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to 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...

Karvy Paytm Money
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App