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Discount Broker Depository: CDSL
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Paytm Money is an online investment platform that allows users to invest in stocks, mutual funds, NPS, and other financial products. The platform was launched in 2017 by One97 Communications, the parent company of Paytm, India's largest digital payments company. Paytm Money has an active client base of 8,02,146 as of March 2024.

Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

Equity
Commodity
Currency
Futures
Options
Brokerage Plans (Single Plan)

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

Charges

Account Opening Charges

Free

Account Maintenance Charges

Free

Call & Trade Charges

₹ 100
Brokerage

Equity Delivery Brokerage

₹ 20

Equity Intraday Brokerage

0.05%

Equity Futures Brokerage

0.02%

Equity Options Brokerage

₹ 10

Currency Futures Brokerage

-

Currency Options Brokerage

-

Commodity Futures Brokerage

-

Commodity Options Brokerage

-
Margins

Equity Delivery Margin

1x

Equity Intraday Margin

7.5x

Equity Futures Margin

1x

Equity Options Margin

1x

Currency Futures Margin

-

Currency Options Margin

-

Commodity Futures Margin

-

Commodity Options Margin

-
Trading Platforms Learn More

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.

Paytm Web Trading Platform Paytm Money Mobile Application
Pros

Advantages and Strengths of this broker.

  1. The platform has a two-factor authentication system that ensures safety of your details.
  2. User-friendly interface to quickly analyze the information needed.
  3. It has an inhouse brokerage calculator and provides Mutual Fund Investment Advisory services.
  4. Convenient opening and operating a trading account online.
Cons

Disadvantages of this broker that it needs to improve upon.

  1. No branch or customer support.
  2. The broker does not offer an NRI trading account.
  3. No commodity and currency trading.
  4. No facility of margin against shares.
  5. It only offers direct mutual fund plans.
Additional Features

Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.

3 in 1 Account
Free Trading Calls
Free Research Reports
SMS Alerts
Margin Funding
Margin Against Share
Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

Mutual Funds
IPO Platform
Bonds & Debt
Exchange Traded Funds
Insurance
Finology Ratings & Reviews for Paytm Money

Ratings are provided based on customer service, usability, charges and overall average. Reviews are based on positive and negative aspects of the broker that help you understand this broker better.

Charges

(3.5)

Usability

(3.8)

Customer Service

(3)

Charges Review

  • The AMC charge of Rs 300 is charged only after 3 months of free look period for customers.
  • Currently Account opening fee has been made 0 as part of a campaign offer.
  • One of the lowest brokerages in industry at Rs 10 for Intraday and derivatives.
  • The online brokerage calculator of Paytm Money helps you assess the total cost of a transaction. It provides a clear bifurcation of all the additional charges and taxes levied.

Customer Service Review

  • Grievances are sorted only through chat and e-mail. Neither does Paytm Money have a physical office, nor are any contact details shared for the users to raise their queries.
  • As per reviews, the chat and email support system are prompt.
  • FAQs are categorically available on the website for resolving all queries.

Ease of Use Review

  • Paytm Money is a user-friendly platform.
  • The broker operates only on their Website and Mobile App (Android & IOS). It does not complicate the trading process with multiple platforms.
  • Paytm Money also has an extensive blog segment that provides educational content for its clients.
  • Simple and Easy to understand Statements. Trade Book, P&L, Tax P&L, Ledger, etc.
  • A swift and seamless onboarding experience.

Account Opening Procedure Review

  • The account opening procedure can be done only through online mode. There is no offline facility available.
  • An account can be opened through their website as well as the app.
  • The process is very simple and easy to follow. The account is investment-ready in 30-45 mins hours.
  • In case of a query, one can initiate a chat with the Customer Care Team or drop them an email.

Why Choose Paytm Money? Know Everything about Paytm Money here.

Verdict

Owned and operated by Paytm, Paytm Money is an online discount brokerage platform for investors and retailers. Being a registered investment advisory, it provides services to execute investments online. In addition to its trading and investment products, the company also offers insights to help users make informed financial decisions.

If you are an investor, the broker provides you with

  • Customizable watchlists and easy tracking performance of potential stocks. 
  • Statements and other details regarding the stock that will help you track better. 
  • A wide range of assets comprising equity, futures & options, Mutual Funds, Gold, etc. 
  • The price alert feature informs an investor when the stock crosses a certain price. 

If you are a trader, the broker provides you with

  • Advanced charting tools for entry and exit analysis.
  • F&O dashboard with various features like Option Chain, Heatmap, Greeks, FII / DII, Global Index, Market Movers, OI Analysis.
  • It also provides a wide range of technical indicators that would help you analyze your stocks better.
  • Convenience of frequent trades with low brokerage fees.    

Trading Tools

Paytm Money is an Indian financial services company that offers two trading platforms for its users, Paytm Money App and Paytm Money Web, that allows the convenience to trade in equity, F&O, mutual funds, IPOs, digital gold and ETFs.

Paytm Web Trading Platform

The website Paytm Money is built to cater to the needs of both investors and the trader. It is a one-stop destination that helps a user create an account, complete the KYC, and trade and invest in a wide range of assets. some of its key features include:

  • Easy SIPs for investing in equity or mutual funds.
  • Advanced technical tools to define price entry and exit points.
  • Good Till Triggered feature to enter stocks without monitoring.
  • Ease of viewing portfolio holdings and overall profit and loss.
     

Paytm Money Mobile Application

The Paytm Money App enables convenient trade and investment with a unique interface, real-time market updates, timely alerts on stock prices and SIPs, and more. The multiple features of Paytm Money App are as follows:

  • Live market depth for informed decision-making.
  • Advanced charting tools and other technical indicators for a better understanding of market trends and patterns.
  • User-friendly yet technologically refined interface.
  • Price alert features to enable timely trading.
  • Customizable watchlist for specific tracking of securities.

Charges Details

For Equity

CHARGES

DELIVERY

INTRADAY

FUTURES

OPTIONS

Transaction Charges

0.00345% - NSE

0.003% - BSE

0.00325% - NSE

0.003% - BSE

0.002% - NSE

0.053% - NSE

Demat Transaction Charges 

Sell-side, ₹ 250 per 100 shares 

-

-

-

GST

18% on Brokerage + Exchange Turn over Charges

18% on Brokerage + Exchange Turn over Charges

18% on Brokerage + Exchange Turn over Charges

18% on Brokerage + Exchange Turn over Charges

STT

0.1% on buy & sell

0.025% Sell-side

0.01% Sell-side

0.05% Sell-side

SEBI Charges

0.00005% of turnover

0.00005% of turnover

0.00005% of turnover

0.00005% of turnover

Paytm Money Complaints & Stats

Company name:

Paytm Money Limited

Contact:

NA

Email:

exg.support@paytmmoney.com

Active Users:

8,02,146
Paytm Money Customer Reviews

Overall Rating

4.3

Based on 8 reviews

Rating Summary

5
62%
4
25%
3
0%
2
0%
1
12%

Review Analytics

Platform 0 votes

Charges 0 votes

Transparency 0 votes

Features 0 votes

Customer Support 0 votes

abhay singh

(4)

Posted on 25 Apr 2022

Good service

rahul singha

(1)

Posted on 25 Jan 2022

The closing of Demat account in Paytm is very tough

tanmay ghosh

(5)

Posted on 29 Nov 2021

Smooth experience from last 1 year...

naman nitin mukesh

(4)

Posted on 12 Oct 2021

It’s relatively new, but features available and ease of use on the UI beats several established platforms. New features including US stock investments, commodities and currency should be added soon to make the most of it. Shouldn’t lose out a customer base to other platforms for not having these features.

neeraj ramani

(5)

Posted on 04 Oct 2021

great

mukul garg

(5)

Posted on 03 Oct 2021

great ui

darshan parekh

(5)

Posted on 28 Sep 2021

I am using paytm money for 1 year I never find any problem. Great user experience. also buying stocks and treading are also very fast.

satam kundu

(5)

Posted on 18 Sep 2021

best