Upstox Vs Paytm Money (Compare Upstox and Paytm Money)

The side-by-side comparison of Upstox and Paytm Money. Compare Upstox Vs Paytm Money brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Upstox vs Paytm Money?


Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox


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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Upstox Vs Paytm Money

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 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.

  Upstox Paytm Money
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX NSE and BSE
Account Type Default Standard Plan
Year of Incorporation 2012 2017
Number of Branches 4 1
Broker Enquiry Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you.
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Upstox Vs Paytm Money Charges & AMC

Upstox trading account opening charges is Rs 49 while Paytm Money account opening changes is Rs 200. Upstox Demat Account AMC Charges is Rs 300 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Upstox Paytm Money
Trading Account Opening Charges Rs 49 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 300 Rs 0 (Free)
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Upstox Vs Paytm Money Brokerage Charges & Plans

Upstox Vs Paytm Money Brokerage

Upstox brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas Paytm Money brokerage charges for equity is Rs 0 (Free - Minimum Rs 0.01 per executed order) and intraday is R10 per executed order or 0.05% whichever is lower.

  Upstox Paytm Money
Account Type Default Standard Plan
Fixed Charges NA NA
Equity Delivery Brokerage Rs 0 (Free) Rs 0 (Free - Minimum Rs 0.01 per executed order)
Equity Intraday Brokerage Rs 20 per executed order or 0.05% whichever is lower R10 per executed order or 0.05% whichever is lower
Equity Futures Brokerage Rs 20 per executed order or 0.05% whichever is lower Rs 10 per executed order
Equity Options Brokerage Rs 20 per executed order Rs 10 per executed order
Currency Futures Trading Brokerage Rs 20 per executed order or 0.05% whichever is lower
Currency Options Trading Brokerage Rs 20 per executed order
Commodity Futures Trading Brokerage Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Trading Brokerage Rs 20 per executed order
Special Offer
Special Offer:

30 days unlimited brokerage credit + Flat Rs 20 per order for Intra-day and F&O. Get the Exclusive Offer

Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer

Upstox Charges Vs Paytm Money

Minimum Brokerage Charges 0.05% Rs 0.01 per executed order on Equity Delivery trades
Other Brokerage Charges Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 20 per trade Rs 300
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Upstox Vs Paytm Money Transaction Charges

Upstox transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  Upstox Paytm Money
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 200 per Cr (0.002%) Rs 190 per Cr (0.0019%)
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) Rs 5,000 per Cr (0.05%)
Currency Futures NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%)
Currency Options NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium)
Commodity Group A - Rs 290 per Cr (0.0029%)
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Upstox Vs Paytm Money Leverage (Margin)

Upstox provides the margin of 5x for intraday trades whereas the Paytm Money margin for intraday cash is Up to 7.5x (based on the stock).

  Upstox Paytm Money
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday 5x Up to 7.5x (based on the stock)
Equity Futures 2x Intra-day: 3x | Carry forward: 1x (no margin)
Equity Options 2x Intra-day (Options Sell): 3x | Carry forward: 1x (no margin)
Currency Futures 2x
Currency Options 2x
Commodity Futures 2x
Commodity Options
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Compare Upstox and Paytm Money Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Upstox Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 PM 3:15 PM
Other Features Option strategy builder
Referral Program Yes
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Upstox Vs Paytm Money Review

Upstox is rated 2.5 of 5 based on 107 customer reviews whereas Paytm Money is rated 3.5 of 5 based on 8 customer reviews.

  Upstox Paytm Money
  107 Customer Reviews    Rate Upstox 8 Customer Reviews    Rate Paytm Money
Fees 3.5 3.8
Trading Brokerage 3.5 3.9
Trading Platform Usability 2.7 3.6
Customer Service 2.4 2.5
Research Capabilities 2.4 3.0
Overall Ratings Rated 2.5 stars Rated 3.5 stars
Broker Rating Upstox is rated 2.5 of 5 based on 107 customer reviews Paytm Money is rated 3.5 of 5 based on 8 customer reviews
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Contact Broker / Request A Call Back

  Upstox Enquire Paytm Money Enquire
Contact Broker

30 days unlimited brokerage credit + Flat Rs 20 per order for Intra-day and F&O. Get the Exclusive Offer

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Upstox Vs Paytm Money Investment Options

  Upstox Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
Initial Public Offers (IPO) Yes Yes
Mutual Funds No Yes
Bond / NCD No No
Debt No No
Other Investment Options NPS Retirement Fund, Digital Fund
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Upstox Vs Paytm Money Order Type Offered

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

  Upstox Paytm Money
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Upstox Vs Paytm Money Suitable For Investor Type

  Upstox Paytm Money
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Upstox Vs Paytm Money - Pros and Cons

  Upstox Paytm Money
Pros
  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.
  9. Online IPO, FPO, Bonds and NCD's are available.
  • 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
  • No margin funding.
  • No equity 'good till cancelled' orders.
  • Unlimited monthly plans not available.
  • Additional fee for call & trader.
  • Additional fee for square off done by the broker.
  • Higher demat debit transaction charges.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Doesn't offer BTST facility.
  • Branch support not available.
  • GTC order type not available.
  • Charges for the usage of trading platforms.
  • 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 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

Get 30 Days Unlimited Trading

Join over 20 lakh traders. Open an account and get 30 days unlimited brokerage credit. Trade in Intra-day and F&O Trades at flat Rs 20 per order.

Request Callback

Free Equity Delivery Trading

Get 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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