Paytm Money Vs Upstox
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.
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Paytm Money Vs Upstox - Broker Details
Paytm Money | Upstox | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2018 | 2009 |
Exchanges | BSE and NSE | BSE, NSE and MCX |
Branches | Zero | Zero |
Brokerage | ₹15/ Order | ₹20/ Order or 0.05% (Whichever is lower) |
Broker Type | Discount Broker | Discount Broker |
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Account Opening & AMC Charges
Paytm Money | Upstox | |
---|---|---|
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 Upstox - Brokerage charges & Plans
Paytm Money | Upstox | |
---|---|---|
Commodity Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | 2.5% or ₹15/Order | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹15/ Order | ₹20/ Order |
Commodity Options | N/A | ₹20/ Order |
Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | N/A | ₹20/ Order |
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 Upstox - Other Charges
Paytm Money | Upstox | |
---|---|---|
RMS Square Off Charge | ₹50 + GST | (₹50 + GST) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹100/ Order | (₹50 + GST) |
Other Brokerage Charges | ₹15/ Order | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹15/ Order | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Transaction Charges
Paytm Money | Upstox | |
---|---|---|
Currency Options | N/A | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
Equity Futures | NSE - 0.002% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
Equity Intraday | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Equity Options | 0.053% on Option premium | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
Commodity | N/A | Non-Agri: Exchange turnover charge: 0.0026% |
Currency Futures | N/A | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Equity Delivery | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Margin (Exposure)
Paytm Money | Upstox | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
Currency Options | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
Commodity Options | N/A | Option Sell: 1x | Option Buying: No Margin |
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 | Call Back Open Account |
Paytm Money Vs Upstox - Features
Paytm Money | Upstox | |
---|---|---|
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:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Review & Rating
Paytm Money | Upstox | |
---|---|---|
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 Upstox - Request a call back from Broker
Paytm Money | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Investment Options
Paytm Money | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Order Type
Paytm Money | Upstox | |
---|---|---|
Bracket Order/BO/OCO | ||
BTST | ||
Cover Order/CO | ||
Good Till Cancelled (GTC) | ||
BUY ABOVE/SELL BELOW (SL-M) | ||
After Market Order(AMO) | ||
STBT | ||
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Research & Report
Paytm Money | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Daily Market Report
Paytm Money | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Suitable For Investor
Paytm Money | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Pros & Cons
Paytm Money | Upstox | |
---|---|---|
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.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. |
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. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. |
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Background
Paytm Money | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Compare All Brokers
Paytm Money | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - STT/CTT
Paytm Money | Upstox | |
---|---|---|
Commodity Futures | N/A | 0.01% on sell trade (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 |
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% on sell trade |
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Demat transaction charges
Paytm Money | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - GST
Paytm Money | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - SEBI Charges
Paytm Money | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account | Call Back Open Account |
Paytm Money Vs Upstox - Account Opening & AMC Charges
Paytm Money Vs Upstox
Paytm Money | Upstox | |
---|---|---|
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 "+ Upstox |
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. |
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Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Paytm Money Vs Upstox - Brokerage charges & Plans
Paytm Money | Upstox | |
---|---|---|
Commodity Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | 2.5% or ₹15/Order | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹15/ Order | ₹20/ Order |
Commodity Options | N/A | ₹20/ Order |
Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | N/A | ₹20/ Order |
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 Upstox - Margin (Exposure)
Paytm Money | Upstox | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
Currency Options | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
Commodity Options | N/A | Option Sell: 1x | Option Buying: No Margin |
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 | Call Back Open Account |
Paytm Money Vs Upstox - Other Charges
Paytm Money | Upstox | |
---|---|---|
RMS Square Off Charge | ₹50 + GST | (₹50 + GST) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹100/ Order | (₹50 + GST) |
Other Brokerage Charges | ₹15/ Order | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹15/ Order | ₹20/ Order |
Call Back Open Account |
Paytm Money Vs Upstox - STT/CTT
Paytm Money | Upstox | |
---|---|---|
Commodity Futures | N/A | 0.01% on sell trade (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 |
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% on sell trade |
Call Back Open Account |
Paytm Money Vs Upstox - Demat transaction charges
Paytm Money | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Call Back Open Account |
Paytm Money Vs Upstox - GST
Paytm Money | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Call Back Open Account |
Paytm Money Vs Upstox - SEBI Charges
Paytm Money | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account |
Paytm Money Vs Upstox - Features
Paytm Money | Upstox | |
---|---|---|
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:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |