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

  • With 2 factor verification, Paytm Money provides high security for users.
  • Paytm Money Provides lowest chares for investors in Intraday Trading and F&O.
  • Paytm Money also provides mutual fund advisory.
  • Paytm Money has very simple and easy to understand Trade Book, P&L, Tax P&L & Ledger Statements.

Cons

  • No offline services and NRI services provided. 
  • Commodities and Currency Trading services are not available.
  • Paytm Money charges ₹300 as annual platform charges, and make annual maintenance charges free.

Additional Features

Extra features provided by the broker at little or no extra cost.

 3 in 1 Account

 Free Trading Call

 Fee Research Report

 SMS Alerts

 Margin Funding

Margin Against Share

More Investment Options

Services provided by the broker for investing in other financial assets.

 Mutual Funds

 IPO

 Bond and Debt Assets

ETFs

Insurance