Is Paytm Money good for trading?

Paytm Money is a stock trading service of the Paytm app. It is one of the low-cost online discount brokers in India. The company offers brokerage-free Equity Delivery trading and mutual fund investments. Paytm Money is a registered member of SEBI, BSE, NSE, and CDSL.

Paytm Money is good for stock market investors who can buy and sell stocks online by themselves with no help from the broker. Paytm offers a mobile trading app and trading website. Unlike full-service brokers, Paytm money doesn't offer local branch support, research & recommendations, RM support and wealth management products.

Paytm Money offers to invest across multiple asset classes like ETF, IPO, F&O, and NPS retirement funds other than Stocks and MF. The company provides trading platforms at an annual charge of Rs 300 through mobile and web platforms for safe and secured trading.

The maximum brokerage charged by the broker for Equity Intraday and F&O is Rs 10 per executed order.

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