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Is Paytm Money reliable?

Paytm Money Account Opening

₹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

Paytm Money is a SEBI registered broker and an Investment Advisor. The company is also a member of BSE and NSE and has CDSL depository membership. The company is genuine with all required certifications and licenses to conduct the business.

In the case of mutual fund transactions, Paytm Money acts as a mere facilitator as your transactions get routed directly from your bank account to AMC and vice versa, and at no stage, Paytm Money directly handles your funds. Paytm Money also uses the latest encryption standards and two-factor authentication login to ensure data privacy.

Overall, Paytm Money is as reliable as any other broker in the market.

 

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