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Paytm Money Stock Trading, Demat, Brokerage and Reviews 2024


-3.21% 771,574 Clients

Paytm Money Account Opening Enquiry

Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer

Paytm Money QR Code

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 NSE and BSE. Paytm Money initially started as a direct mutual fund investment platform. In the late 2020s, Paytm Money expanded its product offering to include a pension scheme, Equity trading, IPO investment, ETF's, and digital gold. The company has recently launched F&O trading services on its trading platform.

Paytm Money offers competitive charges for trading with free Equity Delivery trading. Paytm Money offers Free Mutual Fund services with no charges to invest or redeem the mutual funds.

Paytm Money has its own trading platform called Paytm Money (web and mobile trading app) that offers a seamless trading experience to its investors. It is a safe and secure app with bank-level data security. Paytm Money claims to be a leader and pioneer in low-cost investing with a strong customer base of 60+ lakh users as of Dec 2020.

Paytm Money is an online discount broker. It does not offer any tips or recommendations on stock trading. Being a SEBI registered Investment advisor, Paytm Money offer advisory services in the form of investment packs that consists of 3-5 mutual funds. Paytm Money has informative blogs and announcements related to personal finance, capital markets, the latest feature updates, a product launch that create investor awareness and help them make informed and better decisions on their investments.

Key Highlights of Paytm Money

  • Free Equity Delivery Trading.
  • Zero commission direct mutual funds.
  • Maximum brokerage charged per trade is Rs 20.
  • Zero maintenance charges.
  • Fully digital account opening.
  • Feature to switch external regular mutual fund to direct mutual fund.

It provides investment in Digital gold, ETF, IPO, F&O, and NPS retirement funds other than Stocks and MF.

Paytm Money Special Offer

Pay Rs 0 brokerage for first 15 days

  • Pay flat ₹20 per executed order for Delivery, Intraday & F&O.

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

Paytm Money QR Code

Paytm Money Charges 2024

Paytm Money follows a fixed brokerage model wherein it charges a flat Rs 20 or 0.05% (whichever is lower) per executed order for intraday trading. The maximum brokerage chargeable per order across all segments is Rs 20.

Paytm Money Brokerage Plan

Trading Segment

Brokerage Charges

Equity Delivery

Rs 20 or 2.5% of turnover (whichever is lower)

Equity Intraday

Rs 20 or 0.05% of turnover (whichever is lower)

Equity Future

Rs. 0.01 upto Rs 20 per Executed Order

Equity Options

Rs 20 per order

You are also required to pay other transaction and regulatory charges, Demat charges in addition to the brokerage.

Other charges levied by Paytm Money include:

  1. Platform Fees: Rs 30 per month
  2. Physical Statement and Document: Rs 300 per request + Rs 300 per courier
  3. Payment gateway charges (Net banking): Rs 10 for each fund addition
  4. Payment gateway charges (UPI): Rs 0 for each fund addition (Free)
  5. Auto square off charges: Rs 50
  6. Delayed Payment Charges: 1.5% per month on the outstanding bill amount

Visit Paytm Money Brokerage Charges Review for more detail.

Special Offer: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer
Paytm Money QR Code

Paytm Money Online Account Opening

Paytm Money offers only digital account opening to its customers. It is a simple, instant, and 100% paperless process. The company charges Rs.200 as account opening charges with zero maintenance charges. To open the trading and Demat account with Paytm Money, you need to download the Paytm Money mobile app or register yourself on the company website and complete the setup.

Paytm Money is an online broker with one branch. The company does not offer an offline account opening.


Paytm Money Trading Software (Paytm Money Trading Platforms)

Paytm Money offers its customers to trade via mobile and web. An investor can transact seamlessly switching between the Paytm Money app and website. The company provides stockbroking services to invest across multiple asset classes like Equity, Digital gold, IPO, mutual funds, NPS, F&O, and ETF through its robust trading platforms - Paytm Money web and Paytm Money mobile application. The company also offers call and trade services to its customers. Paytm Money does not have an installable trading terminal on the desktop.

  • Paytm Money (Mobile App)

    The mobile trading platform of Paytm Money allows you to trade anytime from anywhere at your fingertips. An investor has to pay Rs 300 per annum for the trading platform usage of the Cash segment. Paytm Money is a safe and secured app with a host of features like live market data, watchlist, Stock SIPs, price alerts, market depth, advanced charts, complete information about all companies, etc.

     

    Paytm Money Mobile App Demo

     

  • Paytm Money (Website version)

    Paytm Money website platform is an online web-based trading platform that allows clients to explore stocks, mutual funds, digital gold, retirement funds, and Equity derivatives. The online trading platform helps place orders online, track transactions, invest in IPO's, and much more.

 

Visit Paytm Money Trading Software Review for more detail.

Paytm Money Account Opening Enquiry

Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer

Paytm Money QR Code

Paytm Money Pros and Cons


Paytm Money Pros (Advantages)

The following are the advantages of Paytm Money. You must read Paytm Money advantages and disadvantages before opening an account with Paytm Money. Paytm Money pros and cons help you find if it suits your investment needs.

  • Simple and robust trading platforms.
  • Simple pricing model with low trading charges. Flat Rs 20 per trade max brokerage across all segments.
  • Instant digital account opening.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Option to invest online in digital gold and NPS along with stocks, derivatives, and MFs.
  • Online IPO application.
  • Mutual Fund Investment Advisory Services.
  • Margin funding facility is available for Futures and Options (F&O) trading.
  • Advanced order types like GTC (Good Till Cancelled), CO, BO, and Basket Order are available.

Paytm Money Cons (Disadvantages)

The following are the cons of Paytm Money. Check the list of Paytm Money drawbacks.

  • Equity Delivery brokerage is not free unlike popular brokers like Zerodha and ProStocks.
  • No branch support.
  • Do not offer NRI Trading Account.
  • Unlimited monthly trading plans are not available.

Open Instant Account with Paytm Money

Paytm Money Margin Exposure

Paytm Money margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Paytm Money F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Paytm Money F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

Paytm Money Ratings

Overall Rating Rated 3.3 stars 3.3/5
Fees Rated 3.3 stars 3.3/5
Brokerage Rated 3.8 stars 3.8/5
Usability Rated 3.4 stars 3.4/5
Customer Service Rated 2.7 stars 2.7/5
Research Capabilities Rated 3.3 stars 3.3/5

Based on 50 Votes by Paytm Money Customers

Do you trade with Paytm Money? Rate Paytm Money


Paytm Money Complaint

The number of Paytm Money customer complaint received by the exchanges. The Paytm Money consumer complaint report helps understanding the Paytm Money Limited quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2024-25 771,574 60 0.01%
NSE 2023-24 797,157 188 0.02%
BSE 2023-24 346,480 78 0.02%
NSE 2022-23 646,387 238 0.04%
BSE 2022-23 240,904 47 0.02%
NSE 2021-22 404,376 74 0.02%
BSE 2021-22 103,182 18 0.02%
NSE 2020-21 85,827 6 0.01%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Paytm Money Complaints at BSE, NSE and MCX for detail report.


Frequently Asked Questions

  1. 1. How Paytm Money works?

    Paytm Money is a low-cost online discount broker providing investment offerings in mutual funds, stocks, IPO, NPS, Digital gold and, Derivatives. Paytm Money charges Rs 200 for account opening and has zero maintenance charges.

    To avail of the services offered by the company, you need to open a Trading and a Demat account with Paytm Money. The Demat account gets linked to your trading account. You also need to register one of your bank account details for seamless transactions. Once all the accounts are ready, you can trade with Paytm Money through any of the Paytm Money trading platform offered via the web or mobile app.

    Paytm Money does not provide tips or recommendations for stocks. The company maintains all the necessary information of a company that helps to perform self-research analysis. Paytm Money is a SEBI registered Investment Advisor providing advisory services for mutual funds.

    Paytm Money follows a flat fee model. It charges a lower of Rs 10 or 0.05% of trade value for Equity Intraday trades and flat Rs 10 for F&O transactions. The company offers free Equity Delivery trading.

    Being an online discount broker, Paytm Money offers only online trading services to its customers. The company has no customer branch support. It relies heavily on the usage of technology to serve its customers.

     

     

  2. 2. How much does Paytm Money charge for trading?

    Paytm Money is an online discount broker offering low-cost services to its customers. Paytm Money follows a simple pricing model based on the flat fee model.

    Paytm Money Trading Charges

    Segment Brokerage Fee

    Equity Delivery

    Rs 0 (Free - Minimum Rs 0.01 per executed order)

    Equity Intraday

    Rs 10 per executed order or 0.05% whichever is lower

    Equity Futures

    Rs 10 per executed order

    Equity Options

    Rs 10 per executed order

    An investor has to pay other regulatory and transaction charges like STT, exchange transaction charges, GST, Stamp Duty over and above the brokerage.

     

     

  3. 3. What are the trading platforms offered by Paytm Money?

    Paytm Money offers a proprietary trading platform to its investors in the name of Paytm Money. Paytm Money trading platform is available on the web and as a mobile app. The company also offers call and trade services to its investors.

    Paytm Money Trading platform

    1. Paytm Money trading app

      Paytm Money app is a mobile app by Paytm Money that is available for Android and Apple smartphones.

    2. Paytm Money website

      Paytm Money website is a web-based trading platform that can be accessed from any desktop, laptop, computer, or phone that has a web browser installed on it.

     

     

  4. 4. How is Paytm Money?

    Paytm Money is a low-cost broker with commission-free investing in mutual funds. The company charges Rs 200 for account opening and has zero maintenance charges. Paytm Money has a simple pricing model with free Equity Delivery trading. The mutual fund investment at Paytm Money is free with no transaction charges or redemption charges.

    Paytm Money is a SEBI registered broker and an Investment Advisor. The company is a member of NSE and BSE and has a depository participant with CDSL.

    Paytm Money provides simple, safe, secure, and robust trading platforms under the brand name of Paytm Money in web and mobile versions.

    Paytm Money is one of the fastest-evolving investment platforms in India. The company adds new products and features at short and regular intervals and soon aims to be a one-stop-shop for millions of India for financial services.

    Overall, Paytm Money is a good broker that believes in investor first approach.

    Read How safe is Paytm Money? for more details.

     

     

  5. 5. How to invest in Paytm Money?

    To start investing with Paytm Money, you need to open a trading and Demat account with Paytm Money either through the web or mobile app as a first step. Once the trading and Demat accounts are ready, you need to login into your account and start investing.

    To invest in mutual funds, you need to go to the mutual funds' tab and click on Invest. Choose the desired mutual fund based on your risk profile by applying various filters and make the payment either through SIP or lumpsum mode as available for the selected scheme.

     

     

    To invest in Stocks, go to the Stocks tab and click on Invest. Select the stock you need to buy or sell and place the order by inputting the desired quantity. You can place a Delivery or an Intraday order at market price or custom price. Before placing the order, ensure to have the required funds or securities in your account.

     

     

  6. 6. Is Paytm Money a Chinese app?

    No, Paytm Money is not a Chinese app. It is an Indian app owned by the Indian company One97 Communications Limited.

    Though it is not a Chinese company, it has received funding from Ant Financials that is a part of China's Alibaba group.

     

     

  7. 7. How to close Paytm money account?

    Paytm Money account (trading and demat) can be closed easily by submitting an account closure request. Note that the account closure request has to be couriered in paper format. The Paytm Money account cannot be closed online, by phone or by email.

    Steps to delete/close the Paytm Money account:

    1. Visit the Paytm money website.
    2. Click on Products >> Stock Market.
    3. Go to the bottom of the screen and click on Download Centers under the Support section.
    4. Download the "Account closure Request form".
    5. Fill in the required details and mention the reason for the closure.
    6. Send the signed form to the address mentioned on the form.

    Please make sure there are no securities or outstanding due on your account before initiating the account closure request.

     

     

  8. 8. 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.

     

     

  9. 9. Is Paytm Money a broker?

    Yes, Paytm Money is a SEBI registered discount broker and a member of NSE and BSE. The company offers online trading and investment services to its customers.

    Paytm Money is a stock broker. It was incorporated in September 2017. It offers to trade in Equity, F&O, Mutual Funds, IPO, and NPS Retirement Funds. It is a wholly-owned subsidiary of Paytm, India's largest digital goods and mobile platform.

    Paytm Money is also a SEBI registered Investment Advisor, a depository participant member of CDSL, and a Pension Fund Regulatory and Development Authority (PFRDA) registered point of presence to offer National Pension Services (NPS).

     

     

  10. 10. Do task and earn Paytm money?

    Paytm Money offers its customers an affiliate partner program. Under the affiliate program, customers can earn money by performing simple tasks such as recommending Paytm Money to their family, friends and contacts.

    When opening an account through such referrals, customers receive rewards and profit sharing.

    This feature is available every time an account is opened and any Paytm Money customer can make referrals and earn money.

     

     

  11. 11. How is Paytm money for trading?

    Paytm Money is a SEBI registered investment advisor (IA) providing investment execution and advisory services. The company has a depository participant membership with CDSL and is also a member of NSE and BSE.

    The company started with mutual funds and has since expanded its offerings to include investment securities such as equities, IPO investments and ETFs.

    The broker offers its services through its online trading and investment platforms.

     

     

  12. 12. How to start intraday trading in Paytm money?

    Intraday trades are trades where the trader does not want to hold the position overnight.

    Here the trade is squared-off either by the trader himself or by the broker at the end of the trading day.

    To start intraday trading with Paytm Money, please follow the steps below:

    1. Open your Paytm Money app and log in to your account.
    2. Find the stock you want to trade in the search bar and select it.
    3. Select "Trade Option" to place an intraday order.
    4. Enter information such as quantity and price.
    5. You can choose from advanced options such as stop loss, bracket or cover order.
    6. Place the order by clicking BUY /sell at the bottom.
    7. You can check the progress of your order in the app.

     

     

  13. 13. Is it safe to invest in Paytm money?

    Yes, Paytm Money is a safe and trusted stock broker operating in India.

    Paytm Money is registered with SEBI and provides brokerage services to its clients. It is a discount brokerage firm established in 2017. The company has a Depository Participant Membership with CDSL with the DP number 12088800.

    Paytm Money's clients can invest and trade in securities such as mutual funds, equities, NPS retirement funds, and IPOs.

     

     

  14. 14. Is Paytm money a discount broker?

    Paytm Money is an Investment Adviser (IA) providing investment services.

    The company strives to create wealth creation opportunities for investors in India.

    It originally started with only direct mutual funds, which has now expanded to several services such as equity, IPO, NPS, and Retirement Funds investment.

     

     

  15. 15. Is Paytm money good for investment?

    Paytm Money is a subsidiary of One97 Communications Ltd, which also created the Paytm brand, India's largest mobile payments and commerce platform.

    When you connect with Paytm Money, you get the trust of Paytm.

    All of Paytm Money's processes, from account opening to account maintenance are hassle-free and convenient. There is no physical verification or commitment required when you open a new account or place trades.

    Paytm Money offers a wide range of securities for you to invest in. The investment process is very simple. Customers can invest in stocks, direct mutual funds, NPS Retirement Funds and more.

     

     

  16. 16. What is Paytm money investment?

    Paytm Money is a SEBI registered investment advisor (IA). It offers services like investment execution along with advisory services.

    The company started this journey in 2017 after the success of Paytm, a mobile payment and trading platform.

    Paytm Money offers a variety of investments for customers to choose from.

    Originally, the company started with direct investments in mutual funds. With Paytm Money, there are no commissions or fees for investing in mutual funds.

     

     

Special Offer: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer
Paytm Money QR Code

63 Comments

63. jessica   I Like It. |Report Abuse|  Link|June 24, 2024 12:32:23 AMReply
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62. Rahul ranka   I Like It. |Report Abuse|  Link|June 6, 2024 12:04:32 AMReply
Easy nd fast.
Share Delivery charges remove plz

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
61. Kamal Chetry   I Like It. |Report Abuse|  Link|May 10, 2024 3:41:07 PMReply
0

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
60. Kushagra   I Like It. |Report Abuse|  Link|February 23, 2024 10:56:20 AMReply
It was one of the best brokers when I opened account in 2017-18. However, I faced too many issues with time:

1. Transfer to another DEMAT works for all other brokers, but not for Paytm Money.

2. I once faced an issue of calculation mismatch in their statement, and hte amount was huge (That's actually theft!). They refused to correct it despite providing a detailed explanation. When I filed a complaint with National Consumer Helpline, they refunded the balance on the same day !

3. Mutual Funds brought from other platforms (using Switch) get locked for 3 years. This is never warned in advance.

4. Someone I know used Sign-in with social media, in which there was a spelling typo. PM allowed typing name while creating the account, but used that wrong spelling for all transactions (though it mismatched with Pan Card). Later, there were problems in selling Mutual Funds.

I have now shifted to Groww.

Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor
59. Varnit aggarwal   I Like It. |Report Abuse|  Link|January 18, 2024 3:10:22 PMReply
Account opening is very easy here.Closing is next to impossible.Despite repeated mails and request they were not closing my demat and trading account.Finally had to complain to SEBI to got my account closed.Very unethical practice by Paytm money.All they want is to continue charging some sort of annual charges.
Dont be fooled by their words .Nothing is free here .
58. Justin James   I Like It. |Report Abuse|  Link|October 21, 2023 12:28:32 PMReply
easy of use, website interface is good.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Average
Overall Experience - Excellent
57. Rakesh   I Like It. |Report Abuse|  Link|October 15, 2023 9:41:27 AMReply
Charges and hidden charges are very high as compared to others

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Below Average
56. Krish K.   I Like It. |Report Abuse|  Link|October 9, 2023 8:56:31 PMReply
The user interface is very very smooth and attractive.
Website doesn't load, instant result.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
55. elow   I Like It. |Report Abuse|  Link|September 19, 2023 7:27:06 PMReply
I have checked and it is found to be good

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
54. Nitin   I Like It. |Report Abuse|  Link|August 9, 2023 8:02:38 AMReply
Paytm Money stole my 8647 approx rupees while I withdrew my money through it.

First incident happened in April, I withdrew my money from Nippon liquid fund for which I received half of the amount whereas the redemption from Mutual fund company was for full amount.

I asked Paytm through their so called customer care portal, they kept me waited for days and days and then they said they are looking into it, they asked for the statement I send the copy, then they asked for various days statement, I again sent the copies of statement, then again they kept me waited and after few days they closed my query without my concent.

This was first!

The second one is recent on 12 oct 2021 I again redeemed my money from parag parikh fund and again same story approx 40% amount has been stolen by Paytm money.

The best part is ther is no contact number and through emails they dont even bother to serve.
I take my investment endeavor to benarmstrong trades as they are more reliable, i withdraw well, with their account manager you can earn well. Benarmstrong-trades is better
53. Sunita   I Like It. |Report Abuse|  Link|August 2, 2023 2:01:47 PMReply
1. For KYC downloading APP is compulsory.
2. I believe that there is a systematic fraud going on in Paytm money with regard to referrals. Some one who has the right access is putting one favored code to accounts which have no referral code.
3. There is no way you can contact them except raising query from App with limited choices.
4. in 3. Above. "Others" is a free text in which whatever you type will be lost as there is no Submit button.


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
52. Dinesh   I Like It. |Report Abuse|  Link|July 24, 2023 6:25:42 PMReply
No customer call numbers. One which is there on its app is always busy. Takes long time to respond to queries on ticket id

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Below Average
51. Ankur   I Like It. |Report Abuse|  Link|June 28, 2023 7:42:52 AMReply
Never work with paytm money. I am trying to transfer my shares through DIS slips from last 30-40 days and these guys are not doing it. Now I have raised it SEBI. Their customer care centre now have stopped responding.
50. Shailesh patel   I Like It. |Report Abuse|  Link|March 26, 2023 1:18:17 PMReply
Very useful app.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Average
Overall Experience - Average
49. Rajath   I Like It. |Report Abuse|  Link|March 24, 2023 8:42:52 AMReply
My only negative feedback for Paytm Money is that they don't show up the charges for which the balance is reduced they just automatically deduct it without our consent which actually makes a user insecure to use the app

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Below Average
Overall Experience - Above Average
48. Sonu kumar singh   I Like It. |Report Abuse|  Link|March 19, 2023 6:03:14 PMReply
Paytm money is good for beginners my concern is option oi chart so confusing in terms of no if it convert like (k) then( lac) it is better to understanding and coler production also should be deeper or setting for modification like that will be good for options chain analysis
47. Chandrashekar Bhat   I Like It. |Report Abuse|  Link|March 5, 2023 9:33:03 PMReply
1 . You can never speak to customer care executive in case of emergency. Too much of automation!

2. No account opening charges, but you have to pay a "platform fee" of Rs 35 every month. You end up paying Rs 420 every year! Other broker offer it free - Groww for example.

3 . Brokerage charges are higher than other discount brokerages.



Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
46. K Mitra   I Like It. |Report Abuse|  Link|November 29, 2022 6:41:15 PMReply
I am a Paytm Money user for Mutual funds. Their customer service is pathetic. The virtual assistant doesn't work and you won't be able to speak to a live person.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
45. Vivian Shaffer   I Like It. |Report Abuse|  Link|November 29, 2022 6:40:45 PMReply
Do not take any Bonus offer from your broker or your manager, do not allow your broker manager trade on your behalf. That is how they manipulate traders funds. If you need assistance with retrieving your lost fund from your broker or Your account has been manipulated by your broker manager or maybe you are having challenges with withdrawals due to your account been manipulated. Kindly get in touch with cybersecurity and recovery expert on IG,webghost33 and He will guide you on simple and effective steps to take in getting your entire fund back.
44. kd   I Like It. |Report Abuse|  Link|November 24, 2022 2:07:18 PMReply
hi

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

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