Paytm Money is an online discount broker that uses a straightforward flat-rate pricing model. The maximum brokerage charged per order across all trading segments, including delivery, intraday, and F&O trading, is Rs 15. In addition to the brokerage, an investor must pay various other transaction and regulatory fees, as well as Demat fees.
There are no hidden fees with Paytm Money. It maintains complete transparency over all charges imposed by the company. Other fees include platform usage fees (Rs 300 per year), auto square-off fees, physical statement fees, payment gateway fees, late payment fees, and so on.
Paytm money – Company Highlights
| Headquarters | Bengaluru |
| Industry | Finance, Stock Exchange |
| Founders | Vijay Shekhar Sharma |
| Founded | 2017 |
| Registered client | 630,257 |
| Website | Paytm money.com |
Paytm money A/C Opening Charges
| Transaction | Charges |
| Account opening charges | 200 |
| Amc charges | 300 |
Paytm money Brokerage Charges
| Trading Segment | Brokerage Charges |
| Equity Delivery | Rs 15 or 2.5% of turnover (whichever is lower) |
| Equity Intraday | Rs 15 or 0.05% of turnover (whichever is lower) |
| Equity Future | Rs 15 or 0.02% of turnover (whichever is lower) |
| Equity Options | Rs 15 per order |
In addition to the brokerage, you must pay other transaction and regulatory fees, as well as Demat fees.
Other charges levied by Paytm Money include:
- Platform Fees: Rs 300 per year
- Physical Declaration and Document: Rs 300 per request + Rs 300 per courier
- Net banking payment gateway charges: Rs 10 per fund addition
- Payment gateway fees (UPI): Rs 0 per fund addition (free).
- Charges for auto square off: Rs 20
- Delayed Payment Fees: 1.5% of the outstanding bill amount per month
Paytm Money Advantages & Disadvantages
Paytm Money Advantages
- Simple and reliable trading platforms
- Simple pricing model with low trading fees. Maximum brokerage is Rs 15 per trade across all segments.
- Open a digital account right away.
- Direct MF platform that allows you to earn an additional 1% return.
- The ability to invest online in digital gold and NPS, as well as stocks, derivatives, and mutual funds.
- Online IPO registration.
- Investment Advisory Services for Mutual Funds.
- Bracket and Cover Order types are available.
Paytm Money Disadvantages
- Unlike popular brokers such as Zerodha and ProStocks, equity delivery brokerage is not free.
- There is no branch support.
- There is no margin funding facility.
- There is no margin against shares facility available.
- Trading in commodities and currencies is not possible.
- Advanced order types such as GTC (Good Till Cancelled), CO, BO, and Basket Order are not supported.
- Do not provide NRI Trading Accounts.
- There are no unlimited monthly trading plans available.
Paytm Money Complaint
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
| NSE | 2022-23 | 646,387 | 238 | 0.04% |
| BSE | 2022-23 | 240,904 | 47 | 0.02% |
Additional information
| Offline no. brokerage / registered AP. | NA |
| Research & advisory services | NA |
| Referral amount | Rs.300 per Account |
| API charges | Free |
| Call & Trade charges | Rs. 20 + GST |
