Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Nuvama
Fyers
Kotak Securities
5Paisa
TradeSmart
Alice Blue
SAS Online
SAMCO
Tradingo
BlinkX
About Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system.
Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... 
About mStock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds.
One of the platform's most attractive features is the lifetime zero brokerage plan with a one-time fee of Rs 999. Unlike most brokers, this plan ensures zero brokerage on F&O, Intraday, Delivery, IPOs, ETFs, Currency and Mutual Funds, m...
Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India. Incorporated in 2022, mStock is a Discount. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Paytm Money | mStock | |
|---|---|---|
| Type of Broker | Discount Broker | Discount |
| Exchnage Membership | NSE and BSE | BSE, NSE, MCX |
| Year of Incorporation | 2017 | 2022 |
| Number of Branches | 1 | 0 |
| Open Paytm Money Account |
Paytm Money trading account opening charges is Rs 200 while mStock account opening changes is Rs 999 (One TIme Cost). Paytm Money Demat Account AMC Charges is Rs 0 (Free) and mStock Demat Account AMC Charges is Annual Rs. 480 + GST (To be recovered on a Quarterly basis).
| Paytm Money | mStock | |
|---|---|---|
| Trading Account Opening Charges | Rs 200 | Rs 999 (One TIme Cost) |
| Trading Account AMC Charges | Rs 300 (Annual Platform Fees) | Annual Rs. 480 + GST (To be recovered on a Quarter |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 999 (One TIme Cost) |
| Demat Account AMC Charges | Rs 0 (Free) | Annual Rs. 480 + GST (To be recovered on a Quarterly basis) |
Paytm Money brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is low whereas mStock brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).
| Account Type | Paytm Money Standard Plan | mStock Lifetime Zero Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | Rs 999 (One Time Payment) |
| Equity Delivery | Rs 20 per executed order or 2.5% whichever is low | Rs 0 (Free) |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is low | Rs 0 (Free) |
| Equity Futures | Rs 20 per executed order or 0.01% whichever is low | Rs 0 (Free) |
| Equity Options | Rs 20 per executed order | Rs 0 (Free) |
| Currency Futures | Rs 0 (Free) | |
| Currency Options | Rs 0 (Free) | |
| Commodity Futures | NA | |
| Commodity Options | NA | |
| Special Offer | Special Offer: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer  |
Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Paytm Money | mStock | |
|---|---|---|
| Account Type | Standard Plan | Rs 0 Plan |
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 20 per executed order or 2.5% whichever is low | Rs 0 (Free) |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is low | Rs.20 per Executed Order/0.3%of the turnover value |
| Equity Futures | Rs 20 per executed order or 0.01% whichever is low | Rs 20 as per executer order |
| Equity Options | Rs 20 per executed order | Rs 20 as per executer order |
| Currency Futures | Rs 20 as per executer order | |
| Currency Options | Rs 20 as per executer order | |
| Commodity Futures | NA | |
| Commodity Options | NA | |
| Open Paytm Money Account |
| Minimum Brokerage | ||
| Other Charges | Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier | Rs 20/order - MTF |
| Call & Trade Charges | Rs 100 | Rs 0 (Free) |
Paytm Money transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while mStock exchange transaction charges for options is NSE Rs 4950 per Cr (0.0495%) (on premium).
| Paytm Money | mStock | |
|---|---|---|
| Equity Delivery | NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Futures | BSE Rs 200 per Cr (0.002%) | NSE Rs 188 per Cr (0.00188%) | BSE Rs 0 |
| Equity Options | NSE Rs 5300 per Cr (0.053%) (on premium) | NSE Rs 4950 per Cr (0.0495%) (on premium) |
| Currency Futures | NSE Rs 9 per Cr (0.00009%) | |
| Currency Options | (on premium) | NSE Rs 35 per Cr (0.00035%) (on premium) |
| Commodity | ||
| Open Paytm Money Account |
Paytm Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the mStock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Paytm Money | mStock | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Paytm Money Account |
The trading platforms offered Paytm Money include Paytm Money mobile app, Paytm Money website. mStock offers Mobile App & Web Platform trading software.
| Paytm Money | mStock | |
|---|---|---|
| 3 in 1 Account |  |
|
| Charting |  |
|
| Automated Trading | |
|
| SMS Alerts | |
|
| Online Demo | |
|
| Online Portfolio | |
|
| Margin Trading Funding | |
|
| Margin Against Shares (Equity Cash) | |
|
| Margin Against Shares (Equity F&O) | |
|
| Trading Platform | Paytm Money mobile app, Paytm Money website | Mobile App & Web Platform |
| Intraday Square-off Time | 3:15 PM | |
| Trading In SME Shares Allowed? | |
|
| Referral Program | |
|
| Other Features | Buyback Trading | |
| Open Paytm Money Account |
Paytm Money is rated 3.2 of 5 based on 52 customer reviews whereas .
| Paytm Money | mStock | |
|---|---|---|
52 Customer Reviews  |
Customer Reviews |
|
| Fees |  |
|
| Brokerage |  |
|
| Trading Platform |  |
|
| Customer Service |  |
|
| Research Capabilities |  |
|
| Overall Ratings | |
|
| Broker Rating | Paytm Money is rated 3.2 of 5 based on 52 customer reviews |
| Paytm Money Enquire | mStock Enquire | |
|---|---|---|
| Contact Broker | Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer |
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Paytm Money | mStock | |
|---|---|---|
| Stock / Equity | |
|
| Commodity | |
|
| Currency | |
|
| IPO | |
|
| Mutual Funds | |
|
| Bond / NCD | |
|
| Debt | |
|
| Other Investment Options | NPS Retirement Fund, Digital Fund | Pay Later (MTF), Pledge Shares |
| Paytm Money | mStock | |
|---|---|---|
| Bracket Order | |
|
| Cover Order | |
|
| Buy Today Sell Tomorrow (BTST) | |
|
| Sell Today Buy Tomorrow (STBT) | |
|
| After Market Order(AMO) | |
|
| Good Till Cancelled (GTC) | |
|
| Open Paytm Money Account |
| Paytm Money | mStock | |
|---|---|---|
| Daily Market Report | |
|
| Free Tips | |
|
| Quarterly Result Analysis | |
|
| News Alerts | |
| Paytm Money | mStock | |
|---|---|---|
| Casual Investor | ||
| Active Investor | |
|
| Trader | |
| Paytm Money | mStock | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru-based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments. The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 15 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL. Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website. |
|
| Promo / Offers | Paytm Money Special OfferPay Rs 0 brokerage for first 15 days
This is a limited-time offer. Open Instant Paytm Account online and start trading today. |
Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|
| Open Paytm Money Account |
Add a public comment...
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
Open Paytm Money Account
