Paytm Money
In a relatively short time in this industry, Paytm Money have launched pioneering products and are one of the fastest-growing broking houses. They are one of the largest Investment platforms in India; With over 7 Million registered users.
Product Basket
The segments in which you can invest through this broker
Equity
Options
Currency
Futures
Commodity
Trading Platforms
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, Full Platform Details.
Paytm Money Web Platform
Paytm Money Mobile App
Charges
Account Opening Charges – Free
Account Maintenance Charges – ₹300
Call and Trade – ₹300
Brokerage Charges
Equity Delivery – Zero
Equity Intraday – 0.05%
Equity Futures – ₹10
Equity Options – ₹10
Currency Futures – N/A
Currency Options – N/A
Commodity Futures – N/A
Commodity Options – N/A
Margins
Equity Delivery – 1x
Equity Intraday – 7.5x
Equity Futures – 1x
Equity Options – 1x
Currency Futures – N/A
Currency Options – N/A
Commodity Futures – N/A
Commodity Options – N/A
Pros
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With 2 factor verification, Paytm Money provides high security for users.
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Paytm Money Provides lowest chares for investors in Intraday Trading and F&O.
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Paytm Money also provides mutual fund advisory.
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Paytm Money has very simple and easy to understand Trade Book, P&L, Tax P&L & Ledger Statements.
Cons
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No offline services and NRI services provided.
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Commodities and Currency Trading services are not available.
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Paytm Money charges ₹300 as annual platform charges, and make annual maintenance charges free.