Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
ICICIdirect
Nuvama
Fyers
Kotak Securities
5Paisa
TradeSmart
Alice Blue
SAS Online
SAMCO
Tradingo
BlinkX
About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde... 
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 ...
Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 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.
| Zerodha | Paytm Money | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | NSE, BSE, MCX and NCDEX | NSE and BSE |
| Year of Incorporation | 2010 | 2017 |
| Number of Branches | 22 | 1 |
| Open Zerodha Account | Open Paytm Money Account |
Zerodha trading account opening charges is Rs 200 while Paytm Money account opening changes is Rs 200. Zerodha Demat Account AMC Charges is Rs 300 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).
| Zerodha | Paytm Money | |
|---|---|---|
| Trading Account Opening Charges | Rs 200 | Rs 200 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 300 (Annual Platform Fees) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 | Rs 0 (Free) |
Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas 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.
| Account Type | Zerodha Flat Brokerage Plan | Paytm Money Standard Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 (Free) | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order or 0.01% whichever is low |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Special Offer | Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today. |
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  |
| Minimum Brokerage | 0.03% in Intraday and F&O | |
| Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier |
| Call & Trade Charges | Rs 50 per executed order | Rs 100 |
Zerodha transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) while Paytm Money exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).
| Zerodha | Paytm Money | |
|---|---|---|
| Equity Delivery | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | BSE Rs 200 per Cr (0.002%) |
| Equity Options | NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) | NSE Rs 5300 per Cr (0.053%) (on premium) |
| Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | |
| Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) | (on premium) |
| Commodity | Group A - Rs 260 per Cr (0.0026%) | |
| Open Zerodha Account | Open Paytm Money Account |
Zerodha 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.
| Zerodha | 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 Zerodha Account | Open Paytm Money Account |
The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.
| Zerodha | Paytm Money | |
|---|---|---|
| 3 in 1 Account |  |
|
| Charting |  |
|
| Automated Trading | |
|
| SMS Alerts | |
|
| Online Demo | |
|
| Online Portfolio | |
|
| Margin Trading Funding | |
|
| Margin Against Shares (Equity Cash) | |
|
| Margin Against Shares (Equity F&O) | |
|
| Trading Platform | Kite Web, Kite Mobile for Android/iOS and Coin | Paytm Money mobile app, Paytm Money website |
| Intraday Square-off Time | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | 3:15 PM |
| Trading In SME Shares Allowed? | |
|
| Referral Program | |
|
| Other Features | Direct Mutual Funds, APIs for Algo Trading | |
| Open Zerodha Account | Open Paytm Money Account |
Zerodha is rated 3.7 of 5 based on 478 customer reviews whereas Paytm Money is rated 3.3 of 5 based on 49 customer reviews.
| Zerodha | Paytm Money | |
|---|---|---|
478 Customer Reviews  |
49 Customer Reviews |
|
| Fees |  |
 |
| Brokerage |  |
 |
| Trading Platform |  |
 |
| Customer Service | |
 |
| Research Capabilities |  |
|
| Overall Ratings | |
|
| Broker Rating | Zerodha is rated 3.7 of 5 based on 478 customer reviews | Paytm Money is rated 3.3 of 5 based on 49 customer reviews |
| Zerodha Enquire | Paytm Money Enquire | |
|---|---|---|
| Contact Broker | Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today. | 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 |
| Zerodha | Paytm Money | |
|---|---|---|
| Stock / Equity | |
|
| Commodity | |
|
| Currency | |
|
| IPO | |
|
| Mutual Funds | |
|
| Bond / NCD | |
|
| Debt | |
|
| Other Investment Options | NPS Retirement Fund, Digital Fund |
| Zerodha | Paytm Money | |
|---|---|---|
| Bracket Order | |
|
| Cover Order | |
|
| Buy Today Sell Tomorrow (BTST) | |
|
| Sell Today Buy Tomorrow (STBT) | |
|
| After Market Order(AMO) | |
|
| Good Till Cancelled (GTC) | |
|
| Open Zerodha Account | Open Paytm Money Account |
| Zerodha | Paytm Money | |
|---|---|---|
| Daily Market Report | |
|
| Free Tips | |
|
| Quarterly Result Analysis | |
|
| News Alerts | |
|
| Zerodha | Paytm Money | |
|---|---|---|
| Casual Investor | |
|
| Active Investor | |
|
| Trader | |
|
| Zerodha | Paytm Money | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| 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 Special OfferFree stock trading and mutual funds
This is a limited time offer. Open an instant Zerodha account online and start trading today. |
Paytm Money Special OfferPay Rs 0 brokerage for first 15 days
This is a limited-time offer. Open Instant Paytm Account online and start trading today. |
| Open Zerodha Account | Open Paytm Money Account |
Paytm Money and Zerodha are both online discount brokers offering low-cost brokerage services to the customers.
Paytm Money was established as a direct mutual fund platform and has expanded to offer its services across other asset products like NPS, Digital Gold, Stocks, ETF, and IPOs. Paytm Money charges Rs.200 for account opening with zero maintenance charges.
Zerodha is India's No.1 stockbroker offering services to invest in Equity, Currency, Commodity, IPO, and Direct Mutual Funds. Zerodha offers attractive exposure limits to its customers.
Read Paytm Money vs Zerodha for a more detailed comparison.
|
| Link|December 29, 2023 11:50:55 PMReply
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
Open Zerodha Account
