Paytm Money Vs Maverick
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.
Maverick
Maverick 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 Maverick - Broker Details
| Paytm Money | Maverick | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2018 | 2000 |
| Exchanges | BSE and NSE | NSE, BSE, MCX and NCDEX |
| Branches | Zero | N/A |
| Brokerage | ₹15/ Order | 0.01% per order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Paytm Money Vs Maverick - Account Opening & AMC Charges
| Paytm Money | Maverick | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 per year | ₹999 for Lifetime |
| Trading Account AMC | ₹0 (Free) | NA |
| Call Back Open Account |
Paytm Money Vs Maverick - Brokerage charges & Plans
| Paytm Money | Maverick | |
|---|---|---|
| Commodity Futures | N/A | 0.01% per order |
| Currency Futures | N/A | 0.01% per order |
| Equity Delivery | 2.5% or ₹15/Order | 0.1% per order |
| Equity Options | ₹15/ Order | Rs. 10 per lot |
| Commodity Options | N/A | Rs. 10 per lot |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | 0.01% per order |
| Currency Options | N/A | Rs. 10 per lot |
| Fixed Charges | ₹15/ Order | 0.01% per order |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | 0.01% per order |
| Call Back Open Account |
Paytm Money Vs Maverick - Other Charges
| Paytm Money | Maverick | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹100/ Order | ₹20/Order |
| Other Brokerage Charges | ₹15/ Order | 0.01% per order |
| Minimum Brokerage | ₹15/ Order | 0.01% per order |
| Call Back Open Account |
Paytm Money Vs Maverick - Transaction Charges
| Paytm Money | Maverick | |
|---|---|---|
| Currency Options | N/A | Exchange txn charge: 0.035%e |
| Equity Futures | NSE - 0.002% | NSE: 0.0019% |
| Equity Intraday | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.053% on Option premium | NSE: 0.05% (on premium) |
| Commodity | N/A | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | N/A | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Call Back Open Account |
Paytm Money Vs Maverick - Margin (Exposure)
| Paytm Money | Maverick | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Paytm Money Vs Maverick - Features
| Paytm Money | Maverick | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Paytm Money Vs Maverick - Review & Rating
| Paytm Money | Maverick | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Paytm Money Vs Maverick - Request a call back from Broker
| Paytm Money | Maverick | |
|---|---|---|
| Call Back Open Account |
Paytm Money Vs Maverick - Investment Options
| Paytm Money | Maverick | |
|---|---|---|
| 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 |
Paytm Money Vs Maverick - Order Type
| Paytm Money | Maverick | |
|---|---|---|
| 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 |
Paytm Money Vs Maverick - Research & Report
| Paytm Money | Maverick | |
|---|---|---|
| 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 |
Paytm Money Vs Maverick - Daily Market Report
| Paytm Money | Maverick | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Paytm Money Vs Maverick - Suitable For Investor
| Paytm Money | Maverick | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Paytm Money Vs Maverick - Pros & Cons
| Paytm Money | Maverick | |
|---|---|---|
| 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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
| Call Back Open Account |
Paytm Money Vs Maverick - Background
| Paytm Money | Maverick | |
|---|---|---|
| Call Back Open Account |
Paytm Money Vs Maverick - Compare All Brokers
| Paytm Money | Maverick | |
|---|---|---|
| Call Back Open Account |
Paytm Money Vs Maverick - STT/CTT
| Paytm Money | Maverick | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
Paytm Money Vs Maverick - Demat transaction charges
| Paytm Money | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | Rs.20 /- |
| Call Back Open Account |
Paytm Money Vs Maverick - GST
| Paytm Money | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Paytm Money Vs Maverick - SEBI Charges
| Paytm Money | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Paytm Money Vs Maverick - Account Opening & AMC Charges
Paytm Money
Maverick
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300 per year | ₹999 for Lifetime
Trading Account AMC
₹0 (Free)
NA
Paytm Money Vs Maverick
| Paytm Money | Maverick | |
|---|---|---|
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 "+ Maverick |
Maverick Account Opening Process and Charges Detail |
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Maverick
Maverick 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 Maverick - Brokerage charges & Plans
| Paytm Money | Maverick | |
|---|---|---|
| Commodity Futures | N/A | 0.01% per order |
| Currency Futures | N/A | 0.01% per order |
| Equity Delivery | 2.5% or ₹15/Order | 0.1% per order |
| Equity Options | ₹15/ Order | Rs. 10 per lot |
| Commodity Options | N/A | Rs. 10 per lot |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | 0.01% per order |
| Currency Options | N/A | Rs. 10 per lot |
| Fixed Charges | ₹15/ Order | 0.01% per order |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | 0.01% per order |
| Call Back Open Account |
Paytm Money Vs Maverick - Margin (Exposure)
| Paytm Money | Maverick | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Paytm Money Vs Maverick - Other Charges
| Paytm Money | Maverick | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹100/ Order | ₹20/Order |
| Other Brokerage Charges | ₹15/ Order | 0.01% per order |
| Minimum Brokerage | ₹15/ Order | 0.01% per order |
| Call Back Open Account |
Paytm Money Vs Maverick - STT/CTT
| Paytm Money | Maverick | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
Paytm Money Vs Maverick - Demat transaction charges
| Paytm Money | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | Rs.20 /- |
| Call Back Open Account |
Paytm Money Vs Maverick - GST
| Paytm Money | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Paytm Money Vs Maverick - SEBI Charges
| Paytm Money | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Paytm Money Vs Maverick - Features
| Paytm Money | Maverick | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
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| Call Back Open Account |