Paytm Money Vs Groww
Paytm Money
Paytm Money gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, We can also review Paytm Money Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Paytm Money Vs Groww - Broker Details
| Paytm Money | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2018 | 2016 |
| Exchanges | BSE and NSE | NSE and BSE. |
| Branches | Zero | Zero |
| Brokerage | ₹15/ Order | ₹20/ Order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Account Opening & AMC Charges
| Paytm Money | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Brokerage charges & Plans
| Paytm Money | Groww | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | N/A |
| Equity Delivery | 2.5% or ₹15/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹15/ Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | N/A | N/A |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | N/A | N/A |
| Fixed Charges | ₹15/ Order | ₹20/ Order |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Other Charges
| Paytm Money | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹100/ Order | N/A |
| Other Brokerage Charges | ₹15/ Order | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹15/ Order | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Transaction Charges
| Paytm Money | Groww | |
|---|---|---|
| Currency Options | N/A | N/A |
| Equity Futures | NSE - 0.002% | NSE:- 0.002% |
| Equity Intraday | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | 0.053% on Option premium | NSE:- 0.053% on premium |
| Commodity | N/A | N/A |
| Currency Futures | N/A | N/A |
| Equity Delivery | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE:- 0.00345% | BSE:-0.00345% |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Margin (Exposure)
| Paytm Money | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | N/A | N/A |
| Commodity Options | N/A | N/A |
| Commodity Futures | N/A | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | N/A | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Features
| Paytm Money | Groww | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:10 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Review & Rating
| Paytm Money | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Request a call back from Broker
| Paytm Money | Groww | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Investment Options
| Paytm Money | Groww | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Order Type
| Paytm Money | Groww | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Research & Report
| Paytm Money | Groww | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Daily Market Report
| Paytm Money | Groww | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Suitable For Investor
| Paytm Money | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Pros & Cons
| Paytm Money | Groww | |
|---|---|---|
| Pros | 1. Simple and user friendly Trading Platform 2. Lowest trading charges and free Equity delivery 3. No maintenance Charges 4. Instant Account open 5. You can invest in digital gold, Mutual Fund and NPS | 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. |
| Cons | 1. Zero Margin Facility 2. Paytm Money do not offer NRI Trading 3. Commodity and Currency trading are not Available in Paytm Money 4. There is no Branch Support | 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Background
| Paytm Money | Groww | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Compare All Brokers
| Paytm Money | Groww | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - STT/CTT
| Paytm Money | Groww | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | N/A | N/A |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Demat transaction charges
| Paytm Money | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - GST
| Paytm Money | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - SEBI Charges
| Paytm Money | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Account Opening & AMC Charges
Paytm Money
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Paytm Money Vs Groww
| Paytm Money | Groww | |
|---|---|---|
Paytm Money Review | Brokerage Charges, Account OpeningPaytm announced its entry into stockbroking through the launch of Paytm Money. The discount broker Paytm Money is an online investment and advisory platform targeted at first-time users. It’s a subsidiary of Noida-based One97 Communications, the company that owns Paytm, and is India’s largest digital payment platfo .. + " Vs "+ Groww |
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. |
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Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Paytm Money Vs Groww - Brokerage charges & Plans
| Paytm Money | Groww | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | N/A |
| Equity Delivery | 2.5% or ₹15/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹15/ Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | N/A | N/A |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | N/A | N/A |
| Fixed Charges | ₹15/ Order | ₹20/ Order |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Margin (Exposure)
| Paytm Money | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | N/A | N/A |
| Commodity Options | N/A | N/A |
| Commodity Futures | N/A | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | N/A | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs Groww - Other Charges
| Paytm Money | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹100/ Order | N/A |
| Other Brokerage Charges | ₹15/ Order | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹15/ Order | ₹20/ Order |
| Call Back Open Account |
Paytm Money Vs Groww - STT/CTT
| Paytm Money | Groww | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | N/A | N/A |
| Call Back Open Account |
Paytm Money Vs Groww - Demat transaction charges
| Paytm Money | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account |
Paytm Money Vs Groww - GST
| Paytm Money | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account |
Paytm Money Vs Groww - SEBI Charges
| Paytm Money | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Paytm Money Vs Groww - Features
| Paytm Money | Groww | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:10 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
|
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| Call Back Open Account | Call Back Open Account |