Paytm Money Vs INDmoney
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.
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Paytm Money Vs INDmoney - Broker Details
| Paytm Money | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2018 | 2019 |
| Exchanges | BSE and NSE | NSE, BSE and MCX |
| Branches | Zero | 966 |
| Brokerage | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Broker Type | Discount Broker | Discount Broker |
Paytm Money Vs INDmoney - Account Opening & AMC Charges
| Paytm Money | INDmoney | |
|---|---|---|
| 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 INDmoney - Brokerage charges & Plans
| Paytm Money | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 2.5% or ₹15/Order | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | N/A | N/A |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Currency Options | N/A | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | 0.05% or up to ₹20/Per Order |
Paytm Money Vs INDmoney - Other Charges
| Paytm Money | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹100/ Order | ₹50 per position |
| Other Brokerage Charges | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹15/ Order | 0.05% or up to ₹20/Per Order |
Paytm Money Vs INDmoney - Transaction Charges
| Paytm Money | INDmoney | |
|---|---|---|
| Currency Options | N/A | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE - 0.002% | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | 0.053% on Option premium | NSE: 0.053% on premium value |
| Commodity | N/A | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | N/A | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE - 0.00325% | BSE- 0.00375% |
Paytm Money Vs INDmoney - Margin (Exposure)
| Paytm Money | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Paytm Money Vs INDmoney - Features
| Paytm Money | INDmoney | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Paytm Money Vs INDmoney - Review & Rating
| Paytm Money | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Paytm Money Vs INDmoney - Request a call back from Broker
| Paytm Money | INDmoney | |
|---|---|---|
Paytm Money Vs INDmoney - Investment Options
| Paytm Money | INDmoney | |
|---|---|---|
| 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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Paytm Money Vs INDmoney - Order Type
| Paytm Money | INDmoney | |
|---|---|---|
| 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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Paytm Money Vs INDmoney - Research & Report
| Paytm Money | INDmoney | |
|---|---|---|
| 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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Paytm Money Vs INDmoney - Daily Market Report
| Paytm Money | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Paytm Money Vs INDmoney - Suitable For Investor
| Paytm Money | INDmoney | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Paytm Money Vs INDmoney - Pros & Cons
| Paytm Money | INDmoney | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Paytm Money Vs INDmoney - Background
| Paytm Money | INDmoney | |
|---|---|---|
Paytm Money Vs INDmoney - Compare All Brokers
| Paytm Money | INDmoney | |
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Paytm Money Vs INDmoney - STT/CTT
| Paytm Money | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | 0.01% only on sell side Non-Agri |
| 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 (On Premium) |
| 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 | 0.05% only on sell side |
Paytm Money Vs INDmoney - Demat transaction charges
| Paytm Money | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | ₹250/ per certificate |
Paytm Money Vs INDmoney - GST
| Paytm Money | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Paytm Money Vs INDmoney - SEBI Charges
| Paytm Money | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Paytm Money Vs INDmoney - Account Opening & AMC Charges
Paytm Money
INDmoney
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 INDmoney
| Paytm Money | INDmoney | |
|---|---|---|
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 "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Paytm Money Vs INDmoney - Brokerage charges & Plans
| Paytm Money | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 2.5% or ₹15/Order | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | N/A | N/A |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Currency Options | N/A | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Call Back Open Account |
Paytm Money Vs INDmoney - Margin (Exposure)
| Paytm Money | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Paytm Money Vs INDmoney - Other Charges
| Paytm Money | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹100/ Order | ₹50 per position |
| Other Brokerage Charges | ₹15/ Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹15/ Order | 0.05% or up to ₹20/Per Order |
Paytm Money Vs INDmoney - STT/CTT
| Paytm Money | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | 0.01% only on sell side Non-Agri |
| 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 (On Premium) |
| 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 | 0.05% only on sell side |
Paytm Money Vs INDmoney - Demat transaction charges
| Paytm Money | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | ₹250/ per certificate |
Paytm Money Vs INDmoney - GST
| Paytm Money | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Paytm Money Vs INDmoney - SEBI Charges
| Paytm Money | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Paytm Money Vs INDmoney - Features
| Paytm Money | INDmoney | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |