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Paytm Money Stock Trading, Demat, Brokerage and Reviews 2022


371.15% 404,376 Clients

Paytm Money Account Opening Enquiry

Pay flat ₹15 per trade brokerage for Delivery, Intra-day and F&O trades. Get the offer

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 15.
  • 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

Flat ₹15 per trade brokerage and More...

  • Pay flat ₹15 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 Charges 2022

Paytm Money follows a fixed brokerage model wherein it charges a flat Rs 15 or 0.05% (whichever is lower) per executed order for intraday trading. The maximum brokerage chargeable per order across all segments is Rs 15.

Paytm Money Brokerage Plan

Trading Segment

Brokerage Charges

Equity Delivery

Rs 15 or 2.5% of turnover (whichever is lower)

Equity Intraday

Rs 15 or 0.05% of turnover (whichever is lower)

Equity Future

Rs 15 or 0.02% of turnover (whichever is lower)

Equity Options

Rs 15 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. Annual Platform Fees: Rs 300 per annum
  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 20
  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 flat ₹15 per trade brokerage for Delivery, Intra-day and F&O trades. Get the offer

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 flat ₹15 per trade brokerage for Delivery, Intra-day and F&O trades. Get the offer

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 15 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.
  • Bracket Order and Cover Order types 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.
  • Margin funding facility is not available.
  • Margin against shares facility is not available.
  • Commodity and Currency trading not available.
  • Advanced order types like GTC (Good Till Cancelled), CO, BO, Basket Order are not available.
  • 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 value1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure)1x

Paytm Money Ratings

Overall Rating Rated 3.4 stars 3.4/5
Fees Rated 3.4 stars 3.4/5
Brokerage Rated 3.9 stars 3.9/5
Usability Rated 3.6 stars 3.6/5
Customer Service Rated 2.7 stars 2.7/5
Research Capabilities Rated 3.4 stars 3.4/5

Based on 39 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 2022-23 502,828 46 0.01%
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).

     

     

Special Offer: Pay flat ₹15 per trade brokerage for Delivery, Intra-day and F&O trades. Get the offer

42 Comments

42. Waman   I Like It. | Report Abuse |   Link | Sep 29, 2022 8:38:07 PM Reply
Worst user interface of app. Does not have call centre number when you have provlems. App does not allow you to use free text and you have to surf thru myriad questions where ypu are unlikely to find any answer.

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
41. NITESH GUPTA   I Like It. | Report Abuse |   Link | Sep 21, 2022 12:36:41 AM Reply
1.Customer support is hell. I notice my 18000 Rs is deducted automatically from total investment even i have not redeemed any money. No customer support. Messaging them for last 25 Days. But no action is taken.
2.No CAGR return showing anywhere after updated version.
3. Dividend history of every mutual Fund is removed after update.
4. Instead of upgrading , Paytm money degraded its application after update.


Ratings:

Brokerage - Average
Account Maintenance Fees - Excellent
Website Usability - Below Average
Research Capabilities - Above Average
Customer Service - Very Poor
Overall Experience - Below Average
40. Jayant Surana   I Like It. | Report Abuse |   Link | Aug 18, 2022 12:00:32 AM Reply
Being an early user, got a decent deal with a low brokerage. The interface is great, and it hardly has issues. The app keeps updating so the issues are consistently resolved and a better experience is provided. I like that, I can use one app for almost all investment requirements.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
40.1. Shourya kant Ranjan   I Like It. | Report Abuse |   Link | Sep 7, 2022 9:42:33 PM
This is paid review.
Coz there is no customer support.
40.2. Jayant Surana   I Like It. | Report Abuse |   Link | Sep 14, 2022 12:53:18 PM
Dear Shourya Kant Ranjan, it is not a paid review. The team of Paytm Money is fast to respond. One time I had issue, it was resolved within 15-20 mins. Rest I have never had any issue. So, before making false claims saying its paid review, you should stop taking money from other brokers to defame the ones that are doing the best.
39. dharmendra   I Like It. | Report Abuse |   Link | Sep 13, 2022 4:24:32 PM Reply
Customer Support is Very Weak. Support Mobile /telephone no. not available.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Below Average
38. vineet   I Like It. | Report Abuse |   Link | Aug 12, 2022 7:49:09 PM Reply
NO CUSTOMER CARE NUMBER. You raise online ticket and wait for 2 days to get a reply.

Platform is simple to use but at the same time has many technical issues. No trading tools (moving average indicator is not available).

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
37. Rohit rawat   I Like It. | Report Abuse |   Link | Aug 5, 2022 9:34:21 PM Reply
Hii
36. vijay   I Like It. | Report Abuse |   Link | Aug 2, 2022 4:35:49 PM Reply
dont go for this type of brokers there is no customer support, you can call them there is only one option in their app that is chat bot you cant do anything after 3:05 pm it is not for serious traders i am using since 3 month my exp is very bad customers agent are like robot they have 0 knowledge about customers problems they are just copy paste

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
35. Darshan Naik   I Like It. | Report Abuse |   Link | Aug 1, 2022 12:29:40 PM Reply
Customer service is very bad. For me it is taking more than 2 months and 10+ support tickets to resolve an issue, and issue is not resolved yet.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor
34. Sai Kiran   I Like It. | Report Abuse |   Link | May 17, 2022 10:40:56 AM Reply
How to sell ipo in paytm money
33. Anand Kumar Tripathi   I Like It. | Report Abuse |   Link | Jun 28, 2022 8:36:46 PM Reply
1. Interface/App looks very cluttered where they try to push several useless products.
2. Mutual fund switch option is full of bug, they will trigger the switch and MF's will disappear from your existing brokers portfolio as broker code will change but it wont appear in Paytm Money portfolio in most of the cases and you have chase them to get that fixed. Right now it has been around 20+ days and still I am struggling with their customer care.
3. Non-existing customer care, you cant talk to them as all the communication is one way and their agents are like robot who can just copy paste 90% time in response to your questions.
4. Their services are free so cant complain much but no serious trader investor should try to use their services. They are just good enough for few youngsters who want to have their first demat/trading account.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
32. Prashant kumar   I Like It. | Report Abuse |   Link | Apr 27, 2022 12:52:52 PM Reply
Customer support is very bad. Overall improvement required. They claim no AMC charge but taking even more on the name of plateform uses fee.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Very Poor
Overall Experience - Average
31. Navneet chaudhary   I Like It. | Report Abuse |   Link | Apr 23, 2022 7:00:24 PM Reply
Paytm money is updating its app very quickly and adding new and new features. Its UI is the best. I am more than satisfied with Paytm money. Earlier I had accounts with Zerodha and Groww. But Paytm money is far better than both of them. Groww is the worst product I've ever used because of its worst UI.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Above Average
Website Usability - Excellent
Research Capabilities - Above Average
Customer Service - Average
Overall Experience - Excellent
30. Harish Chugh   I Like It. | Report Abuse |   Link | Apr 4, 2022 4:38:44 PM Reply
Customers service is slow

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Below Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Average
29. Atisha   I Like It. | Report Abuse |   Link | Mar 28, 2022 2:43:29 PM Reply
It is the worst application and looks like fraud. It didn't have zero rating option so I had to give one unfortunately. First of all they don't have any customer support number. There is one email Id, where if you drop an email they will revert to you at their ease in 3 - 4 days time or even more. In the application there is a chat boat option where you have to write to give you a callback then within 24 hours they will call you and their customer support exec don't have any knowledge. So even when you are lucky enough to talk to the team they won't be able to resolve your query. They will say we shall get back to you and they never show up again. I am repeating this since a month just for the transfer of my funds from Paytm Money to another broker and haven't been lucky enough to do so. I am starting to believe that they are frauds.
28. sharefundss   I Like It. | Report Abuse |   Link | Mar 26, 2022 2:28:35 PM Reply
Sharefundss.com is the most popular stock brokers in the full-service category include HDFC Securities, commodity trading,free share market tips.
best broker in india

27. Ranveer   I Like It. | Report Abuse |   Link | Mar 4, 2022 9:05:19 PM Reply
Best platform with fantastic features.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Above Average
Overall Experience - Excellent
26. Shishir Kumar   I Like It. | Report Abuse |   Link | Feb 2, 2022 5:41:33 PM Reply
How many platform charges in option trading?
26.1. Sudhir patil   I Like It. | Report Abuse |   Link | Feb 20, 2022 7:54:52 PM
10 rs
25. Shishir Kumar   I Like It. | Report Abuse |   Link | Feb 2, 2022 5:40:15 PM Reply
How many platform charges in option trading?
24. K R Nagesh   I Like It. | Report Abuse |   Link | Jan 31, 2022 8:44:54 PM Reply
Charges for phone calling order and statment, courier charges very high

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Very Poor
Website Usability - Above Average
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
23. DARASINGH MEENA   I Like It. | Report Abuse |   Link | Jan 29, 2022 9:17:45 AM Reply
very good broker easy to use charges are lower

Ratings:

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

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