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Zerodha Vs Paytm Money (Compare Zerodha and Paytm Money)

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). Ze...

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 ...

Zerodha Vs Paytm Money

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
Supported Exchnages	NSE, BSE, MCX and NCDEX	NSE and BSE
Account Type	Flat Brokerage Plan	Standard Plan
Year of Incorporation	2010	2017
Number of Branches	22	1
Broker Enquiry

Zerodha Vs Paytm Money Charges & AMC

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 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 300	Rs 0 (Free)

Zerodha Vs Paytm Money Brokerage Charges & Plans

Zerodha Vs Paytm Money Brokerage

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
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

Zerodha Charges Vs Paytm Money

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 Vs Paytm Money Transaction Charges

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 Vs Paytm Money Leverage (Margin)

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
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

Compare Zerodha and Paytm Money Features

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 Available
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
Other Features	Direct Mutual Funds, APIs for Algo Trading
Referral Program

Zerodha Vs Paytm Money Review

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
	416 Customer Reviews	2 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 416 customer reviews	Paytm Money is rated 2.5 of 5 based on 2 customer reviews

Contact Broker / Request A Call Back

	Zerodha Enquire	Paytm Money Enquire
Contact Broker	Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer Name Phone # Email City Name State Are you a day trader?

Zerodha Vs Paytm Money Investment Options

	Zerodha	Paytm Money
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options		NPS Retirement Fund, Digital Fund

Zerodha Vs Paytm Money Order Type Offered

	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)

Zerodha Vs Paytm Money Research Report

	Zerodha	Paytm Money
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Zerodha Vs Paytm Money Suitable For Investor Type

	Zerodha	Paytm Money
Casual Investor
Active Investor
Trader

Zerodha Vs Paytm Money - Pros and Cons

	Zerodha	Paytm Money
Pros	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Excellent trading platforms (Kite) available for free. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Brokerage is 0.03% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges. Direct Mutual Fund Investment is available. Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX. Zerodha Referral Program offers 10% broekrage share to clients you refer. Good Till Triggered (GTT) order are available. These are simillar to GTC orders.	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	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra Rs 50 order. Auto Square off is charged at extra Rs 50 order. Doesn't offer 3-in-1 account. Doesn't offer unlimited trading plans. Doesn't offer AMC Free Demat account.	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	Free Equity Delivery Trading Get 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 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.

Frequently Asked Questions

1. Is Paytm Money better than Zerodha?

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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