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Tradeplus Vs Paytm Money (Compare Tradeplus and Paytm Money)

Tradeplus (Navia Markets Ltd) Logo

About Tradeplus
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of Rs 90 per year. Tradeplus also offer Online Mutual... Know more about Tradeplus (Navia Markets Ltd)

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

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Tradeplus Vs Paytm Money

Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 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.

  Tradeplus Paytm Money
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE and BSE
Year of Incorporation 1995 2017
Number of Branches 1
Open Tradeplus AccountOpen Paytm Money Account

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Tradeplus Vs Paytm Money Charges & AMC

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

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

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Tradeplus Vs Paytm Money Brokerage

Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA whereas Paytm Money brokerage charges for equity is Rs 15 per executed order or 2.5% whichever is low and intraday is Rs 15 per executed order or 0.05% whichever is low.

Account Type Tradeplus Flat Zero brokerage Scheme Paytm Money Standard Plan
Fixed Charges As per segment NA
Equity Delivery Rs 0 (Free) Rs 15 per executed order or 2.5% whichever is low
Equity Intraday NA Rs 15 per executed order or 0.05% whichever is low
Equity Futures Rs 799 per month (unlimited trading) Rs 15 per executed order or 0.02% whichever is low
Equity Options Rs 99 per month (unlimited trading) Rs 15 per executed order
Currency Futures Rs 99 per month (unlimited trading)
Currency Options Rs 99 per month (unlimited trading)
Commodity Futures Rs 99 per month (unlimited trading)
Commodity Options Rs 99 per month (unlimited trading)
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Pay flat ₹15 per trade brokerage for Delivery, Intra-day and F&O trades. Get the offer

Tradeplus Vs Paytm Money Brokerage Plan 2

  Tradeplus Paytm Money
Account Type Flexi Brokerage Plan Standard Plan
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 15 per executed order or 2.5% whichever is low
Equity Intraday Lower of - Rs 9 per trade or 0.01% Rs 15 per executed order or 0.05% whichever is low
Equity Futures Rs 9 per executed order Rs 15 per executed order or 0.02% whichever is low
Equity Options Rs 9 per executed order Rs 15 per executed order
Currency Futures Rs 9 per executed order
Currency Options Rs 9 per executed order
Commodity Futures Rs 9 per executed order
Commodity Options Rs 9 per executed order
Open Tradeplus AccountOpen Paytm Money Account

Tradeplus Charges Vs Paytm Money

Minimum Brokerage
Other Charges SMS Charges: Rs 100 per segment. Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Flat Rs 75 per day Rs 300

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Tradeplus Vs Paytm Money Transaction Charges

Tradeplus transaction charges for options is Rs 7800 per crore (0.078%)(on premium) while Paytm Money exchange transaction charges for options is Rs 5,300 per Cr (0.053%) on premium.

  Tradeplus Paytm Money
Equity Delivery Rs 345 per crore (0.00345%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday Rs 345 per crore (0.00345%) (sale side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures Rs 360 per crore (0.0036%) Rs 200 per Cr (0.002%)
Equity Options Rs 7800 per crore (0.078%)(on premium) Rs 5,300 per Cr (0.053%) on premium
Currency Futures Rs 140 per crore (0.0014%)
Currency Options Rs 6000 (on premium) per crore (0.06%)
Commodity Rs 500 (0.005%)
Open Tradeplus AccountOpen Paytm Money Account

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Tradeplus Vs Paytm Money Leverage (Margin)

Tradeplus 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.

  Tradeplus 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 Tradeplus AccountOpen Paytm Money Account

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Compare Tradeplus and Paytm Money Features

The trading platforms offered Tradeplus include INFINI, NSE NOW. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Tradeplus Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) No
Trading Platform INFINI, NSE NOW Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
Open Tradeplus AccountOpen Paytm Money Account

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Tradeplus Vs Paytm Money Review

Tradeplus is rated 2.9 of 5 based on 37 customer reviews whereas Paytm Money is rated 3.3 of 5 based on 44 customer reviews.

  Tradeplus Paytm Money
  37 Customer Reviews    Rate Tradeplus 44 Customer Reviews    Rate Paytm Money
Fees 3.4 3.3
Brokerage 4.1 3.8
Trading Platform 2.8 3.4
Customer Service 2.6 2.6
Research Capabilities 1.8 3.3
Overall Ratings Rated 2.9 stars Rated 3.3 stars
Broker Rating Tradeplus is rated 2.9 of 5 based on 37 customer reviews Paytm Money is rated 3.3 of 5 based on 44 customer reviews

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Contact Broker / Request A Call Back

  Tradeplus Enquire Paytm Money Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Pay flat ₹15 per trade brokerage for Delivery, Intra-day and F&O trades. Get the offer

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Tradeplus Vs Paytm Money Investment Options

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

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Tradeplus Vs Paytm Money Order Type Offered

  Tradeplus Paytm Money
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
Open Tradeplus AccountOpen Paytm Money Account

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Tradeplus Vs Paytm Money Research Report

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

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Tradeplus Vs Paytm Money Suitable For Investor Type

  Tradeplus Paytm Money
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Tradeplus Vs Paytm Money - Pros and Cons

  Tradeplus Paytm Money
Pros
  1. Unlimited monthly trading plans available for frequent traders.
  2. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
  3. Low demat AMC or Rs 90 per month.
  4. Analysis tools available for intraday trading.
  • Flat rate brokerage fee (max Rs 15 per treade).
  • 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. Customer has to pay software charges.
  2. High call & trade charges. Rs 1000 per month.
  3. Lower margin.
  • 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.
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

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Paytm Money Special Offer

Flat ₹15 per trade brokerage and More...

  • Pay flat ₹15 per executed order for Delivery, Intraday & F&O.

This is a limited-time offer. Open Instant Paytm Account online and start trading today.

Open Tradeplus AccountOpen Paytm Money Account

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