Paytm Money is a top discount broker in India, providing a truly digital investment platform for stocks, mutual funds, ETFs, IPOs, and NPS. As a subsidiary of Paytm, it offers an easy, fully digital process for opening accounts and low brokerage fees on a user-friendly mobile and web-based interface. Paytm Money is an affordable platform, with zero fee deliveries and low rates for intraday trades. It allows portfolio tracking, investing in ICAs, and provides research support. Paytm Money makes sense for those new to investing, and for cost-sensitive investors who want a simple, transparent way to integrate into their own investment process through Paytm.
| Services Rating | Paytm Money |
|---|---|
| Overall Rating | ★★★★★ |
| Brokerage Charges | ★★★★★ |
| Trading Platform | ★★★★★ |
| Investments Offering | ★★★★★ |
| Customer Service | ★★★★★ |
| Broker Type | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX |
| Active Clients | 6.89 lakh |
| Broker Overview | Paytm Money Review |
Account Opening Charges and AMC
Paytm Money offers a free trading account and demat account opening and charges an Annual Maintenance Charge (AMC) of 0.
| Charges | Paytm Money |
|---|---|
| Trading Account Opening | 0 |
| Trading AMC | 0 |
| Demat Account Opening | 0 |
| Demat AMC | 0 |
| Provide DP Service | Yes |
Brokerage Plans
Paytm Money offers multiple brokerage plans, including both monthly and yearly options — giving traders flexibility based on their trading volume.
| Plan Types | Paytm Money |
|---|---|
| Multiple Plans | - |
| Monthly Plans | - |
| Yearly Plans | - |
Brokerage Charges
Paytm Money charges Rs 20 or 0.1% for equity delivery and intraday and Rs 20 for futures and options. Paytm Money does not provide trades on currency and commodity. It has zero hidden charges.
| Brokerage Charges | Paytm Money |
|---|---|
| Plan Name | - |
| Equity Delivery | 2.5% or Rs. 20 per order |
| Equity Intraday | 0.05% or Rs. 20 per order |
| Equity Futures | 0.02% or Rs. 20 per order |
| Equity Options | Rs. 20 per order |
| Currency Futures | |
| Currency Options | |
| Commodity Futures | |
| Commodity Options | |
| Hidden Charges | No |
| Call & Trade Charges | 50 + GST |
| Auto Square off Charges | 50 + GST |
| Brokerage Calculator | Paytm Money Brokerage Calculator |
Transactions Charges
| Transactions Charges | Paytm Money |
|---|---|
| Equity Delivery | 0.00297% for NSE | 0.00375% for BSE |
| Equity Intraday | 0.00297% for NSE | 0.00375% for BSE |
| Equity Futures | 0.03503% for NSE | 0.03250% for BSE |
| Equity Options | 0.00173% for NSE | 0.0% for BSE |
| Currency Futures | |
| Currency Options | |
| Commodity |
Account Features
Paytm Money provides advanced account features including advanced charting and analysis tools, algo trading support for automation, instant SMS alerts for market updates, online demo sessions and video tutorials, an online portfolio accessible anytime, NRI trading and investment access, making it a complete trading and investment platform suitable for both beginners and professionals. Overall, Paytm Money provides advanced account features including easy account setup, smart trading tools, interactive charts, algo trading, online demo guidance, and a personalized online portfolio, making it a complete trading and investment platform for all users.
| Compare Account Features | Paytm Money |
|---|---|
| 3-in-1 Account | No |
| Charting | Yes |
| Algo Trading | Yes |
| SMS Alerts | Yes |
| Online Demo | Yes |
| Online Portfolio | Yes |
| Margin Trading Funding Available | Yes |
| Combined Ledger for Equity and Commodity | Yes |
| Intraday Square-off Time | |
| NRI Trading | Yes |
Trading Platforms
Paytm Money provides a seamless trading experience across multiple platforms including a modern web-based trading platform, a mobile-friendly trading interface, an Android trading app, an iPhone trading app, an Android tablet app, an iPad trading app. Traders can access their accounts anytime, whether on web or mobile devices. The software ensures fast execution, stability, and real-time performance for all users.
| Trading Platforms | Paytm Money |
|---|---|
| Web Trading Platform | Yes |
| Web Trading Detail | Paytm Money Web |
| Mobile Trading | Yes |
| Mobile Trading App | Yes |
| Android Mobile App | Yes |
| Android App Download | Paytm Money |
| iPhone Mobile App (IOS) | Yes |
| iOS App Download | Paytm Money |
| Android Tablet App | Yes |
| iPad App (IOS) | Yes |
| Trading Software Charges | Zero |
Broker Ratings
Paytm Money maintains impressive ratings with fees rated 4.2, brokerage rated 4.3, platform usability rated 4.3, and customer service rated 4.2. The broker’s overall rating stands at 4.3 out of 5, reflecting its balanced performance across key areas. Overall, Paytm Money is recognized for offering dependable service, fair pricing, and a user-friendly trading experience.
| Broker Ratings | Paytm Money |
|---|---|
| Fees Ratings | 4.2 |
| Trading Brokerage Rating | 4.3 |
| Trading Platform Usability | 4.3 |
| Customer Service Ratings | 4.2 |
| Overall Ratings | 4.3 |
Investment Offerings
Paytm Money offers a wide range of investment options including equity cash and F&O, currency derivatives, commodity trading, online IPO applications, mutual funds, bonds and NCDs, and more — giving investors complete portfolio diversification across equity, debt, and alternative products. Overall, Paytm Money ensures a comprehensive investment experience — from IPOs and mutual funds to derivatives and commodities — enabling investors to diversify effortlessly.
| Investment Offerings | Paytm Money |
|---|---|
| Equity Cash and F&O | Yes |
| Currency Derivatives | Yes |
| Commodity | Yes |
| Online IPO Application | Yes |
| Mutual Funds | Yes |
| Bond / NCD | Yes |
| ETF | Yes |
| Banking | No |
| Insurance | No |
| Forex | No |
| MF SIP Investment | Yes |
| Equity SIP Investment | Yes |
| PMS Service | Yes |
| Other Investment Options | Yes |
Customer Support Offered
Explore the range of customer support services offered by Paytm Money.
| Customer Support | Paytm Money |
|---|---|
| 24/7 Customer Service | |
| Email Support | Yes |
| Online Live Chat | Yes |
| Phone Support | Yes |
| Toll Free Number | |
| Through Branches | |
| Customer Care Number | 022-64891010 |
| Account Opening Process | Online |
| Customer Support Email | [email protected] |
| Knowledge Center/Education | |
| Head Office Address | THE HUB, 3RD FLOOR, SY No 8 & 8/2 Ambalipura Village, Varthur Hobli Sarjapura Main Road |
| Website | https://www.paytmmoney.com/ |
Research and Reports
| Research | Paytm Money |
|---|---|
| Research Mutual Funds | Yes |
| Research Equity Reports | Yes |
| Research ETF | Yes |
| Daily Market Report | Yes |
| Free Tips | No |
| Quarterly Result Analysis | Yes |
| News Alerts | Yes |
Demat Account Charges
Paytm Money offers a Demat account with CDSL as DP source. The annual maintenance charge (AMC) is 0, and transaction charges per ISIN are . Services like demat, remat, and pledge creation are available for seamless securities management. Paytm Money offers features including DP source as CDSL and pledge creation charge of ₹15 + GST, suitable for basic investors.
| Demat Charges | Paytm Money |
|---|---|
| DP Source | CDSL |
| DP ID | 12088800 |
| Demat Account Annual Maintenance Charges (AMC) | 0 |
| Advance Deposit | No |
| Transaction Charges on Debit (Per ISIN) | |
| Demat | |
| Remat | |
| Pledge Creation | ₹15 + GST |
| Pledge Creation Confirmation | ₹15 + GST |
| Pledge Closure | ₹15 + GST |
| Pledge Closure Confirmation | ₹15 + GST |
| Pledge Invocation | ₹15 + GST |
| Failed Instruction Charges | NA |
| Other Charges | NA |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Paytm Money |
|
|
User Experience with Paytm Money
Account Opening Experience: Opening an account with Paytm Money is completely online with Aadhaar-based eKYC. Most users report fast verification and smooth onboarding.
Brokerage & Cost Transparency: Paytm Money offers free equity delivery which is ideal for long-term investors. Intraday brokerage is 0.05% or Rs. 20 per order, making it competitive for active traders. Charges are displayed clearly before order confirmation, reducing confusion around hidden costs.
Trading Platform Experience: The mobile trading platform of Paytm Money allows real-time execution, advanced charting, and instant portfolio tracking.
Advanced Features: Paytm Money provides algorithmic trading support, margin trading facilities, detailed research reports, making it suitable for serious traders.
Customer Support Experience: With a customer service rating of 4.2/5, Paytm Money offers support through multiple channels. Response time may vary during peak market hours.
Popularity & Trust: Paytm Money serves approximately 6.89 lakh active clients, reflecting strong market presence and investor trust.
Overall Verdict: Based on user feedback and platform usability, Paytm Money holds an overall rating of 4.3/5. It is best suited for active traders and intraday investors.
FAQs on Paytm Money Review
Yes, Paytm Money is considered one of the safest brokers in India. It is a SEBI-registered stockbroker, a member of NSE, BSE, and MCX and has a strong track record of transparency and compliance.
Paytm Money offers competitive brokerage charges. Typically, it charges 2.5% or Rs. 20 per order for equity delivery and intraday trades and ₹Yes for F&O trades, making it one of the most affordable brokers in India.
Paytm Money provides multiple platforms for trading and investing including mobile and web platforms, offering a smooth, reliable, and user-friendly experience.
You can open an account with Paytm Money online through an eKYC process. Online Generally, the account gets activated within 24–48 hours once the documents are verified.
Yes, you can invest in direct mutual funds via Paytm Money platform. It allows you to buy and manage all your mutual funds online without paying commissions.