Paytm Money Stock Trading, Demat, Brokerage and Reviews 2021


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 10.
  • 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 Offers

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.


Paytm Money Charges 2021

Paytm Money follows a fixed brokerage model wherein it charges a flat Rs 10 or 0.05% (whichever is lower) per executed order. The maximum brokerage chargeable per order is Rs 10.

Paytm Money Brokerage Plan

Trading Segment

Brokerage Charges

Equity Delivery

Rs 0 (Free) (minimum Rs 0.01 per executed trade)

Equity Intraday

Rs 10 per executed order or 0.05% whichever is lower

Equity Future

Rs 10 per executed order

Equity Options

Rs 10 per executed 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. Physical Statement and Document: Rs 300 per request + Rs 300 per courier
  2. Payment gateway charges (Net banking): Rs 10 for each fund addition
  3. Payment gateway charges (UPI): Rs 0 for each fund addition (Free)
  4. Auto square off charges: Rs 20
  5. Delayed Payment Charges: 1.5% per month on the outstanding bill amount
  6. Annual Platform Fees: Rs 300 per annum

Visit Paytm Money Brokerage Charges Review for more detail.

Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. 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 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 lowest trading charges and free Equity Delivery trading,
  • Zero Maintenance Charges.
  • 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.
  • Inhouse Brokerage Calculator.
  • Online IPO application.
  • Publishes blogs to create investor awareness.
  • 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.

  • No branch support.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
  • Advanced order types like GTC (Good Till Cancelled) not available.
  • Do not offer NRI Trading.

Paytm Money Margin / Exposure

Paytm Money leverage for intraday, delivery, options, currency and commodities.

SegmentMargin
Equity Delivery1x (no margin)
Equity IntradayUp to 7.5x (based on the stock)
Equity FutureIntra-day: 3x | Carry forward: 1x (no margin)
Equity OptionsIntra-day (Options Sell): 3x | Carry forward: 1x (no margin)
Currency Future
Currency Options
Commodity Future
Commodity Options

Visit Paytm Money Margin Review for more detail.


Paytm Money Ratings

Overall Rating Rated 3.8 stars 3.8/5
Fees Rated 3.8 stars 3.8/5
Brokerage Rated 4.3 stars 4.3/5
Usability Rated 3.8 stars 3.8/5
Customer Service Rated 3.0 stars 3.0/5
Research Capabilities Rated 2.8 stars 2.8/5

Based on 4 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 2020-21 39,984 2 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.

     


8 Comments

Jai Pradeep Singh
8. Jai Pradeep Singh  Mar 3, 2021 02:21 I Like It. | Report Abuse Reply 0
It's a good platform especially for the short and long term investors....the way they present information regarding the stocks is even better than many of their competitors in the market .....one thing that I dislike or can't appreciate about Paytm money is that they don't provide their customers any margin or leverage against the holdings....they certainly need to improve,upgrade and up-to-date themselves with current requirements of their clients if they really wish to compete with their fellow service providers in the market.....but on the whole it's been a good experience with Paytm money till now !!!!

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Excellent
suraj
7. suraj  Mar 2, 2021 12:44 I Like It. | Report Abuse Reply 0
paytm money withdrawal process is tedious and no customer care care support provided customer care number are always busy or switch off withdrawal request rejected provided available fund in our account
peepee
6. peepee  Mar 2, 2021 01:26 I Like It. | Report Abuse Reply 0
excellent app

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Average
Customer Service - Average
Overall Experience - Excellent
Vijai
5. Vijai  Mar 1, 2021 05:45 I Like It. | Report Abuse Reply 0
Low brokerage

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
shaik jawahar lal
4. shaik jawahar lal  Feb 4, 2021 17:28 I Like It. | Report Abuse Reply 0
feeling good to walk along

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
P K
3. P K  Jan 28, 2021 11:53 I Like It. | Report Abuse Reply 0
i am using this platform for last 4 months

Its really good one

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
Sumon Sanyal
2. Sumon Sanyal  Jan 20, 2021 14:58 I Like It. | Report Abuse Reply 0
startup but doing it well to come to market

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Excellent
Overall Experience - Above Average
Rohit Krushna sonwane
1. Rohit Krushna sonwane  Jan 19, 2021 10:40 I Like It. | Report Abuse Reply 0
Because the provided margin is very less as compared to another's give 10x 20x margin paytm give 3x 4x mrgin...and.. payment. withdraw option is not satisfied.many time my appy but no withdrawed.... instant withdraw option add..
Many time apply but Money not withdrawed

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

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