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Sharekhan
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Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... 
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 ...
Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 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.
| Sharekhan | Paytm Money | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | NSE and BSE |
| Year of Incorporation | 2000 | 2017 |
| Number of Branches | 2800 | 1 |
Sharekhan trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 200. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).
| Sharekhan | 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 400 (Free for 1st year) | Rs 0 (Free) |
Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Paytm Money brokerage charges for equity is Rs 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.
| Sharekhan | Paytm Money | |
|---|---|---|
| Account Type | Classic Account | Standard Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.50% | Rs 0 (Free) |
| Equity Intraday | 0.10% | Lower of 0.05% or Rs 10 per executed order |
| Equity Futures | 0.10% | Rs 10 per executed order |
| Equity Options | Rs 50 per lot | Rs 10 per executed order |
| Currency Futures | 0.10% | |
| Currency Options | Rs 30 per lot | |
| Commodity Futures | 0.03% | |
| Commodity Options | 0.03% | |
| Special Offer | Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. |
Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer |
| Sharekhan | Paytm Money | |
|---|---|---|
| Account Type | Prepaid - ₹1 Lakh | Standard Plan |
| Fixed Charges | Rs 1,00,000 per year | NA |
| Equity Delivery | 0.10% | Rs 0 (Free) |
| Equity Intraday | 0.015% | Lower of 0.05% or Rs 10 per executed order |
| Equity Futures | 0.015% | Rs 10 per executed order |
| Equity Options | 0.05% or Rs 63 per lot | Rs 10 per executed order |
| Currency Futures | ||
| Currency Options | ||
| Commodity Futures | ||
| Commodity Options |
| Sharekhan | Paytm Money | |
|---|---|---|
| Account Type | Margin - ₹1 Lakh | Standard Plan |
| Fixed Charges | Rs 1,00,000 margin | NA |
| Equity Delivery | 0.25% | Rs 0 (Free) |
| Equity Intraday | 0.05% | Lower of 0.05% or Rs 10 per executed order |
| Equity Futures | 0.05% | Rs 10 per executed order |
| Equity Options | 1% or Rs 70 per lot | Rs 10 per executed order |
| Currency Futures | ||
| Currency Options | ||
| Commodity Futures | ||
| Commodity Options |
| Minimum Brokerage | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Rs 0.01 per executed order on Equity Delivery trades |
| Other Charges | Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier | |
| Call & Trade Charges | Rs 20 | Rs 300 |
Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).
| Sharekhan | Paytm Money | |
|---|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (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 275 per Cr (0.00275%) (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 50 per Cr (0.00035) (each side) | Rs 190 per Cr (0.0019%) |
| Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) | Rs 5,000 per Cr (0.05%) |
| Currency Futures | NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) | |
| Currency Options | NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) | |
| Commodity | MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) |
Sharekhan margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Paytm Money margin for intraday cash is up to 6x of the trade value based on the stock.
As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.
| Sharekhan | Paytm Money | |
|---|---|---|
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Equity Intraday | Up to 6x (based on the stock) | Up to 6x (based on the stock) |
| Equity F&O | Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) | Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) |
| Currency Futures | Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) | Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) |
| Commodity Futures | Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) | Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) |
The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.
| Sharekhan | Paytm Money | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
|
| SMS Alerts | |
|
| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
|
| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | TradeTiger, Sharekhan Mobile | Paytm Money mobile app, Paytm Money website |
| Intraday Square-off Time | 3:30 PM | 3:15 PM |
| Other Features | Pattern finder, Class room training | |
| Referral Program |
Sharekhan is rated 3.3 of 5 based on 301 customer reviews whereas Paytm Money is rated 3.4 of 5 based on 16 customer reviews.
| Sharekhan | Paytm Money | |
|---|---|---|
301 Customer Reviews  |
16 Customer Reviews |
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| Fees |  |
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| Brokerage |  |
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| Trading Platform |  |
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| Customer Service |  |
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| Research Capabilities | |
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| Overall Ratings | |
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| Broker Rating | Sharekhan is rated 3.3 of 5 based on 301 customer reviews | Paytm Money is rated 3.4 of 5 based on 16 customer reviews |
| Sharekhan Enquire | Paytm Money Enquire | |
|---|---|---|
| Contact Broker | Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. | Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer |
| Sharekhan | Paytm Money | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Loans, NRI Trading | NPS Retirement Fund, Digital Fund |
| Sharekhan | Paytm Money | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
|
| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
|
| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Sharekhan | Paytm Money | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Sharekhan | Paytm Money | |
|---|---|---|
| Casual Investor | |
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| Active Investor | |
|
| Trader | |
| Sharekhan | Paytm Money | |
|---|---|---|
| Pros |
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| Cons |
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| 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 | Rs 0 Account Opening (for a limited time only)
This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you. |
Free Equity Delivery TradingGet 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. |
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