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Tradingo Vs Paytm Money (Compare Tradingo and Paytm Money)

Tradingo (Swastika Investmart Ltd) Logo

About Tradingo
Tradingo is an Indore-based discount broker offering stock, commodity, and currency trading services. Tradingo provides transparent, faster, and low-cost brokerage service to India Stock Market customers who would like to trade online with little assistance from a broker. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker, and financial service provider since 1992. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 fo... Know more about Tradingo (Swastika Investmart 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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Tradingo Vs Paytm Money

Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. 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.

  Tradingo Paytm Money
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE, MCX and NCDEX NSE and BSE
Year of Incorporation 2016 2017
Number of Branches 1
Open Tradingo AccountOpen Paytm Money Account

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Tradingo Vs Paytm Money Charges & AMC

Tradingo trading account opening charges is Rs 0 while Paytm Money account opening changes is Rs 200. Tradingo Demat Account AMC Charges is Rs 250 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Tradingo Paytm Money
Trading Account Opening Charges Rs 0 Rs 200
Trading Account AMC Charges Rs 0 Rs 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 250 Rs 0 (Free)

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Tradingo Vs Paytm Money Brokerage

Tradingo brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade or 0.03% (whichever is lower) whereas Paytm Money brokerage charges for equity is Rs 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.

Account Type Tradingo Discount Broking Plan Paytm Money Standard Plan
Fixed Charges Nil NA
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 20 per trade or 0.03% (whichever is lower) Lower of 0.05% or Rs 10 per executed order
Equity Futures Rs 20 per trade or 0.03% (whichever is lower) Rs 10 per executed order
Equity Options Rs 20 per executed order Rs 10 per executed order
Currency Futures Rs 20 per trade or 0.01% (whichever is lower)
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per trade or 0.01% (whichever is lower)
Commodity Options Rs 100 per executed order
Special Offer
Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer
Special Offer: Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. Get the offer

Tradingo Vs Paytm Money Brokerage Plan 2

  Tradingo Paytm Money
Account Type Premium Plan Standard Plan
Fixed Charges NA
Equity Delivery 0.3% of trade value Rs 0 (Free)
Equity Intraday 0.03% of trade value Lower of 0.05% or Rs 10 per executed order
Equity Futures 0.03% of trade value Rs 10 per executed order
Equity Options Rs 50 per lot Rs 10 per executed order
Currency Futures 0.3% of trade value
Currency Options Rs 50 per lot
Commodity Futures 0.3% of trade value
Commodity Options Rs 100 per lot
Open Tradingo AccountOpen Paytm Money Account

Tradingo Charges Vs Paytm Money

Minimum Brokerage Rs 0 Rs 0.01 per executed order on Equity Delivery trades
Other Charges Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day) Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Additional Rs 20 per executed order Rs 300

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Tradingo Vs Paytm Money Transaction Charges

Tradingo transaction charges for options is NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium) while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  Tradingo Paytm Money
Equity Delivery NSE Rs 325 per crore | BSE Rs 275 per crore (each side NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 325 per crore | BSE Rs 275 per crore (each side NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 325 per crore | BSE Rs 50 per crore (each side) Rs 190 per Cr (0.0019%)
Equity Options NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium) Rs 5,000 per Cr (0.05%)
Currency Futures NSE Rs 160 per crore (0.0016%)
Currency Options NSE Rs 6000 per crore (0.06%)
Commodity Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
Open Tradingo AccountOpen Paytm Money Account

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Tradingo Vs Paytm Money Leverage (Margin)

Tradingo 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.

  Tradingo 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 Tradingo AccountOpen Paytm Money Account

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Compare Tradingo and Paytm Money Features

The trading platforms offered Tradingo include Tradingo, Justrade. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Tradingo 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) Yes No
Trading Platform Tradingo, Justrade Paytm Money mobile app, Paytm Money website
Intraday Square-off Time Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes 3:15 PM
Other Features
Referral Program
Open Tradingo AccountOpen Paytm Money Account

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Tradingo Vs Paytm Money Review

Tradingo is rated 4.0 of 5 based on 6 customer reviews whereas Paytm Money is rated 3.7 of 5 based on 23 customer reviews.

  Tradingo Paytm Money
  6 Customer Reviews    Rate Tradingo 23 Customer Reviews    Rate Paytm Money
Fees 4.2 3.7
Brokerage 4.7 4.2
Trading Platform 3.5 3.9
Customer Service 3.8 3.0
Research Capabilities 2.0 3.5
Overall Ratings Rated 4.0 stars Rated 3.7 stars
Broker Rating Tradingo is rated 4.0 of 5 based on 6 customer reviews Paytm Money is rated 3.7 of 5 based on 23 customer reviews

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Contact Broker / Request A Call Back

  Tradingo Enquire Paytm Money Enquire
Contact Broker Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. Get the offer

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Tradingo Vs Paytm Money Investment Options

  Tradingo 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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Tradingo Vs Paytm Money Order Type Offered

  Tradingo 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
Good Till Cancelled (GTC) No
Open Tradingo AccountOpen Paytm Money Account

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Tradingo Vs Paytm Money Research Report

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

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Tradingo Vs Paytm Money Suitable For Investor Type

  Tradingo Paytm Money
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Tradingo Vs Paytm Money - Pros and Cons

  Tradingo Paytm Money
Pros
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • No brokerage charges for equity delivery trades.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
  • 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
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
  • 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

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

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 (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Free Equity Delivery Trades for Life and More...

  • Brokerage-free Equity Delivery +
  • Flat ₹10 per trade for Intraday & F&O +

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

Open Tradingo AccountOpen Paytm Money Account

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