The side-by-side comparison of Zerodha and Paytm Money. Compare Zerodha Vs Paytm Money brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Zerodha vs Paytm Money?
Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).
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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 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 | |
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Trading Account Opening Charges | Rs 200 | Rs 200 |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
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 0 (Free - Minimum Rs 0.01 per executed order) and intraday is R10 per executed order or 0.05% whichever is lower.
Zerodha | Paytm Money | |
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Account Type | Flat Brokerage Plan | Standard Plan |
Fixed Charges | 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 .03% whichever is lower | R10 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | Rs 20 per executed order or .03% 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 .03% whichever is lower | |
Currency Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | |
Commodity Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | |
Special Offer | Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer |
Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer |
Minimum Brokerage Charges | 0.03% in Intraday and F&O | Rs 0.01 per executed order on Equity Delivery trades |
Other Brokerage Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier |
Call & Trade Charges | Rs 50 per executed order | Rs 300 |
Zerodha 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%).
Zerodha | 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 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) | |
Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) | |
Commodity | Group A - Rs 260 per Cr (0.0026%) |
Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Paytm Money margin for intraday cash is Up to 7.5x (based on the stock).
Zerodha | Paytm Money | |
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Equity Delivery | 1x (no margin) | 1x (no margin) |
Equity Intraday | Up to 20x (based on the stock) | Up to 7.5x (based on the stock) |
Equity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intra-day: 3x | Carry forward: 1x (no margin) |
Equity Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intra-day (Options Sell): 3x | Carry forward: 1x (no margin) |
Currency Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | |
Currency Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | |
Commodity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span | |
Commodity Options |
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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 |
Other Features | Direct Mutual Funds, APIs for Algo Trading | |
Referral Program | ![]() |
Zerodha is rated 3.7 of 5 based on 416 customer reviews whereas Paytm Money is rated 2.5 of 5 based on 2 customer reviews.
Zerodha | Paytm Money | |
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Pros |
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Cons |
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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. |
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Promo / Offers | Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you. |
Free Equity Delivery TradingGet 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. |
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.
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