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Paytm Money Vs Dhan (Compare Paytm Money and Dhan)

Paytm Money Limited Logo

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 ... Know more about Paytm Money Limited

Moneylicious Securities Pvt Ltd Logo

About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to park their hard-earned money and create wealth in the long run, and Dhan is committed to providing these options. Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL and with NSE, BSE and MCX stock exchanges to perform its functions. Dhan offers a va... Know more about Moneylicious Securities Pvt Ltd

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Paytm Money Vs Dhan

Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Paytm Money Dhan
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE and BSE BSE, NSE, MCX
Year of Incorporation 2017 2021
Number of Branches 1 1
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Paytm Money Vs Dhan Charges & AMC

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

  Paytm Money Dhan
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 300 (Annual Platform Fees) ₹0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 (Free) ₹0 (Lifetime Zero AMC)

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Paytm Money Vs Dhan Brokerage

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 whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.

Account Type Paytm Money Standard Plan Dhan Flat Rate Plan
Fixed Charges NA Rs 0 or Nill
Equity Delivery Rs 20 per executed order or 2.5% whichever is low Rs. 0
Equity Intraday Rs 20 per executed order or 0.05% whichever is low Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures Rs 20 per executed order or 0.01% whichever is low Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 or 0.03% of trade value, whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options Rs 20 per executed order
Special Offer
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
Paytm Money QR Code
Special Offer: Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Paytm Money Charges Vs Dhan

Minimum Brokerage Rs 20
Other Charges Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 100 Rs 50 per order

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Paytm Money Vs Dhan Transaction Charges

Paytm Money transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Dhan exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium).

  Paytm Money Dhan
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures BSE Rs 200 per Cr (0.002%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options (on premium) NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A, B : 0.0026%
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Paytm Money Vs Dhan Leverage (Margin)

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

  Paytm Money Dhan
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 Paytm Money and Dhan Features

The trading platforms offered Paytm Money include Paytm Money mobile app, Paytm Money website. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

  Paytm Money Dhan
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Paytm Money mobile app, Paytm Money website Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time 3:15 PM 3:20 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features APIs for Algo Trading, smallcases on Dhan
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Paytm Money Vs Dhan Review

Paytm Money is rated 3.3 of 5 based on 49 customer reviews whereas Dhan is rated 2.8 of 5 based on 19 customer reviews.

  Paytm Money Dhan
  49 Customer Reviews    Rate Paytm Money 19 Customer Reviews    Rate Dhan
Fees 3.3 3.9
Brokerage 3.8 3.3
Trading Platform 3.4 3.2
Customer Service 2.7 2.1
Research Capabilities 3.3 2.4
Overall Ratings Rated 3.3 stars Rated 2.8 stars
Broker Rating Paytm Money is rated 3.3 of 5 based on 49 customer reviews Dhan is rated 2.8 of 5 based on 19 customer reviews

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Contact Broker / Request A Call Back

  Paytm Money Enquire Dhan Enquire
Contact Broker 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
Paytm Money QR Code
Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

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Paytm Money Vs Dhan Investment Options

  Paytm Money Dhan
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes Yes
Mutual Funds Yes No
Bond / NCD No Yes
Debt No No
Other Investment Options NPS Retirement Fund, Digital Fund

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Paytm Money Vs Dhan Order Type Offered

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

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

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Paytm Money Vs Dhan Suitable For Investor Type

  Paytm Money Dhan
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Paytm Money Vs Dhan - Pros and Cons

  Paytm Money Dhan
Pros
  • 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.
  • Safe, reliable, and technologically first online broker.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free account opening.
  • AMC free demat account.
  • Free equity delivery trades.
  • Flat Rs 20 per trade brokerage for all other segments.
Cons
  • 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.
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 20 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
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

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.

Paytm Money QR Code

Dhan Special Offer

Brokerage-free share delivery trading and AMC free demat account

  • Free account opening and Demat AMC +
  • Brokerage-free equity delivery and flat Rs 20 per trade for intraday and F&O +
  • Separate option trading APP.

This is a limited-time offer. Open an instant account online and start trading today.

Open Paytm Money Account

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