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Paytm Money Demat, Brokerage, Margins,Trading Review 2024

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Paytm Money is a subsidiary of One97 Communications Limited (also known as Paytm). Paytm Money is a Bangalore-based stock brokerage firm. It provides stock broking and mutual fund services. 

It was incorporated in 2017, started its stock broking operations in 2020. And now in 2024 it became one of the top 10 stock broker in India. Currently, Paytm Money has around 8+ lakh active customers.

Paytm Money is a member of NSE, BSE, and CDSL and provides trading and investment services in Equity and F&O. It also offers investment services in Digital Gold, Mutual Funds, and NPS.

Paytm Money offers the lowest brokerage charges in India. The brokerage charges for equity intraday and F&O are as low as Rs 10 per trade. Paytm Money does not charge brokerage for equity delivery and mutual funds investment.

Paytm Money provides exposure up to 5x in the equity segment for intraday trading. They do not offer exposure for equity delivery.

Paytm Money Account Opening Enquiry

Paytm Money Brokerage Charges

Paytm Money brokerage charges are fixed, simple and transparent. It charges a maximum brokerage of Rs.10 for equity intraday and f&o trading. Paytm Money charges brokerage of 0.01 paise per executed trade for equity delivery segment.

Paytm Money Brokerage Charges In Details

Segment

Paytm Money Brokerage Charges

Equity Intraday

0.05% or Rs 10 per executed order whichever is lower

Equity Delivery

0.01 paise per executed order whichever is lower

Equity Futures

0.02% or Rs 10 per executed order whichever is lower

Equity Options

Rs 10 per executed order 

Currency Futures

N/A

Currency Options

N/A

Commodity Futures

N/A

Commodity Options

N/A

Other Statutory Charges In Paytm Money

Paytm Money Charges

Equity Intraday

Equity Delivery

Equity Futures

Equity Option

Currency Futures

Currency Options

MCX Futures

MCX Options

STT/CTT

0.025% on the sell side

0.1% both buy & sell

0.01% on sell side

0.05% on sell side (on premium)

No STT

No STT

N/A

N/A

Turnover Charges

0.00345% NSE

0.00345% NSE

0.002% NSE

0.053% On Premium

N/A

N/A

N/A

N/A

Clearing Charge

N/A

N/A

0.00025%

0.0075%

N/A%

N/A

N/A

N/A

GST

18%

18%

18%

18%

N/A

N/A

N/A

N/A

Stamp Duty

0.003%

0.015%

0.002%

0.003%

N/A

N/A

N/A

N/A

Sebi Fee

0.00005%

0.00005%

0.00005%

0.00005%

N/A

N/A

N/A

N/A

Paytm Money Other Charges

Below are the other (additional) charges applicable in Paytm Money.

  • Additional charges of Rs. 20 + GST for auto square off by system
  • Rs. 10 + GST for payment gateway charges for payin through netbanking.
  • Rs. 30 + GST per month for platform charges
  • Call & Trade charges of Rs. 300/- per executed order

Paytm Money Margin And Exposure

Paytm Money gives exposure up to 5x in the equity intraday segment. It does not offer exposure for the overnight positions and equity delivery segment.

Paytm Money Margin And Exposure In Details

Segment

Intraday

Overnight Positions


MIS

C/O

B/O

NSE Cash

Upto 5x

Upto 5x

Upto 5x

1x

BSE Cash

Upto 5x

Upto 5x

Upto 5x

1x

Equity/Index Futures

1x

1x

1x

1x

Equity/Index Options Buying

1x

1x

1x

1x

Equity/Index Options Writing (Selling)

1x

1x

1x

1x

Currency Futures

N/A

N/A

N/A

N/A

Currency Options Buying

N/A

N/A

N/A

N/A

Currency Options Writing

N/A

N/A

N/A

N/A

MCX Futures

N/A

N/A

N/A

N/A

MCX Options

N/A

N/A

N/A

N/A

Paytm Money Account Opening Process

Opening an account in Paytm Money is very easy and fast. The account opening process is completely online (paperless). You can open your Paytm Money account in just 30 minutes.

Paytm Money Account Opening Charges

Type of account

Trading And Demat (Without Commodity)

Trading And Demat (With Commodity)

Online account

Rs 200

N/A

Offline account

N/A

N/A

AMC Charges

Free

N/A

Note: Annual maintenance charges are are free for a lifetime in Paytm Money. But they charge Rs 30 + GST per month as a platform fee. The platform fee is free for the first month and is charged from the second month.

Step-By-Step Account Opening At Paytm Money

  • Visit Paytm Money account opening link
  • Install Paytm Money App
  • Login with you existing Paytm account or create new login
  • Go to stocks option
  • Click on “Open My Account”
  • Enter your Pan number
  • Fetch details from Digilocker
  • Enter your personal details
  • Upload your photo and signature
  • Select segments
  • Validate form and documents with Aadhaar E-Sign 

Documents Required For Paytm Money Account Opening

  • Pan Card
  • Aadhar Card
  • Cancelled Cheque
  • Passport Size Photograph
  • Latest 6 Months Bank Statement

Your Aadhaar Card must have linked mobile number to open Paytm Money account.

After completing the account opening process in Paytm money, your account will be open with in 30 minutes.

Paytm Money Trading Platforms

Paytm Money app and Paytm Money web are Paytm Money’s trading platforms. They do not have software to install on desktop computers.

Paytm Money customers can trade and invest in equity, f&o, IPO, mutual funds, digital gold, and ETF through Paytm Money Mobile App and Paytm Money Web. At present, these platforms do not feature currency and commodity segments.

There are Rs 30+gst charges per month for using Paytm Money trading platforms.

Paytm Money App

Paytm Money mobile app is available in both Android and iOS versions. You can open a Paytm Money demat account by installing an app on mobile.

Paytm Money App Features

  • Trading portability
  • Easy and secure mobile app
  • High app ratings of 4.1 and 4.6 stars respectively on google play store and apple app store.
  • Can invest in Equity, F&O, IPO
  • Can invest in direct mutual funds schemes
  • Good Till Triggered (GTT) feature is available for Delivery Selling

Paytm Money Web

Paytm Money Web Features

  • Realtime market information
  • Facility to Invest in stocks on a weekly / monthly basic using SIP feature.
  • Get notifide using Price alert feature
  • Advanced charts, indicators, drawing tools to study stocks
  • Buy or Sell outside the current day price range using Good till triggered (GTT) orders.

Paytm Money Pros & Cons

Below are the pros (advantages) and cons (disadvantages) of Paytm Money. After reading these pros and cons, you can make your decision on opening a Paytm Money account.

Paytm Money Pros (Advantages)

  • A subsidiary company of one of the biggest Indian brands, Paytm.
  • Offers free trading and damat account opening
  • Free AMC for a lifetime
  • Free delivery charges (approximately) of 0.01 paise per trade when you take delivery of share in your demat
  • For Intraday and F&O trading, pay brokerage of Rs 10 only (Lowest in India)
  • Instant account opening with In 15 minutes
  • Simple and easy trading platform.
  • Can invest in Direct MF, Digital Gold, NPS
  • Can apply IPO online

Paytm Money Cons (Disadvantages)

  • Less experience in the stock broking business.
  • There is no branch support for customers.
  • Rs 30 + GST has to be paid as a platform fee every month.
  • The call and trade charges are Rs.300 + GST, the highest in the industry.
  • Currency and commodity segment is not available.
  • Paytm Money does not provide research and advisory tips.
  • Customer support is not available over the telephone.

Final Thoughts

If you have been trading for many years or are a beginner in the stock market, then Paytm Money demat account would be a good option.

Like many others, we also believe that Paytm Money will make its position in India’s top 5 stock brokers in the coming days.

That’s all for the Paytm Money review.

If you have any doubts about Paytm Money or its Services, Please raise your Queries in the comment box. We will be happy to answer your queries.

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