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Upstox Vs Paytm Money (Compare Upstox and Paytm Money)


Upstox Logo

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 Limited Logo

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
Exchnage Membership BSE, NSE, MCX NSE and BSE
Year of Incorporation 2012 2017
Number of Branches 4 1
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Upstox Vs Paytm Money Charges & AMC

Upstox trading account opening charges is Rs 249 while Paytm Money account opening changes is Rs 0. Upstox Demat Account AMC Charges is Rs 0 (Free) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Upstox Paytm Money
Trading Account Opening Charges Rs 249 Rs 0
Trading Account AMC Charges Rs 0 (Free) Rs 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 0 (Free) 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 20 per executed order or 2.5% whichever is low 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) and intraday is Lower of 0.05% or Rs 10 per executed order.

  Upstox Paytm Money
Account Type Default Standard Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order or 2.5% whichever is low Rs 0 (Free)
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower Lower of 0.05% or Rs 10 per executed order
Equity Futures Rs 20 per executed order or 0.05% 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 executed order or 0.05% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 20 per executed order
Special Offer
Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Rs 0 Demat AMC. Open Instant Account online and start trading today.
Special Offer: ₹0 account opening fee + ₹300 of free brokerage + Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades + ₹0 Demat AMC. Get the offer

Upstox Charges Vs Paytm Money

Minimum Brokerage 0.05% Rs 0.01 per executed order on Equity Delivery trades
Other Charges Auto Square-off Charges: Rs 50 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 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.

  Upstox 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)
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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 No No
Margin Against Shares (Equity Cash) No 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 3:00 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 119 customer reviews whereas Paytm Money is rated 3.4 of 5 based on 17 customer reviews.

  Upstox Paytm Money
  119 Customer Reviews    Rate Upstox 17 Customer Reviews    Rate Paytm Money
Fees 3.4 3.4
Brokerage 3.5 3.9
Trading Platform 2.6 3.6
Customer Service 2.3 2.5
Research Capabilities 2.3 3.2
Overall Ratings Rated 2.5 stars Rated 3.4 stars
Broker Rating Upstox is rated 2.5 of 5 based on 119 customer reviews Paytm Money is rated 3.4 of 5 based on 17 customer reviews
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Contact Broker / Request A Call Back

  Upstox Enquire Paytm Money Enquire
Contact Broker Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Rs 0 Demat AMC. Open Instant Account online and start trading today. ₹0 account opening fee + ₹300 of free brokerage + Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades + ₹0 Demat AMC. Get the offer
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Upstox Vs Paytm Money Investment Options

  Upstox Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
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 Yes
Active Investor Yes Yes
Trader Yes Yes
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Upstox Vs Paytm Money - Pros and Cons

  Upstox Paytm Money
Pros
  • Zero account opening fee.
  • Zero brokerage for trading in Equity Delivery (Cash & Carry).
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offer direct mutual funds.
  • Free trading software for mobile and web browsers.
  • One app for trading in equity, currency, and commodity.
  • Margin Against Share is available
  • 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.
  • It does not offer the 'Good Till Canceled (GTC) order type.
  • It does not offer BTST facility.
  • Unlimited monthly plans not available.
  • No stock tips or recommendations.
  • It charges an additional fee for call & trade.
  • It charges an additional fee of Rs 50 for auto-square-off done by the broker.
  • Higher demat debit transaction charges.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
  • Doesn't offer digital gold.
  • 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 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

Flat Rs 20 per Trade Brokerage

  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 Brokerage for Mutual Funds.
  • Rs 0 Demat AMC.
  • Trade with the best trading platform.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Free Equity Delivery Trades for Life and More...

  • ₹0 account opening fee +
  • ₹300 of free brokerage +
  • Brokerage-free Equity Delivery +
  • Flat ₹10 per trade for Intraday & F&O +
  • ₹0 Demat AMC

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

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Upstox Paytm Money
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