Free Account Opening + AMC Free Demat
Loading...

Sharekhan Vs Paytm Money (Compare Sharekhan and Paytm Money)

Sharekhan Logo

About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices). Designed for serious Investors and Trader... Know more about Sharekhan

Paytm Money Limited Logo

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 ... Know more about Paytm Money Limited

Expand

Sharekhan Vs Paytm Money

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  Sharekhan Paytm Money
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE and BSE
Year of Incorporation 2000 2017
Number of Branches 2800 1
Open Paytm Money Account

Expand

Sharekhan Vs Paytm Money Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 200. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Sharekhan Paytm Money
Trading Account Opening Charges Rs 0 (Free) Rs 200
Trading Account AMC Charges Rs 0 (Free) Rs 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 0 (Free)

Expand

Sharekhan Vs Paytm Money Brokerage

Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas 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.

Account Type Sharekhan Classic Account Paytm Money Standard Plan
Fixed Charges NA
Equity Delivery 0.30% on market rate or minimum 1 paisa per share Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 0.02% on market rate or minimum 1 paisa per share Rs 20 per executed order or 0.05% whichever is low
Equity Futures 0.02% per transaction value Rs 20 per executed order or 0.01% whichever is low
Equity Options Rs 20 per lot Rs 20 per executed order
Currency Futures 0.02% per transaction value
Currency Options Rs 5 per lot
Commodity Futures 0.02%
Commodity Options Rs 20 per lot
Special 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.

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
Paytm Money QR Code

Sharekhan Vs Paytm Money Brokerage Plan 2

  Sharekhan Paytm Money
Account Type Prepaid - Rs 1 Lakh Standard Plan
Fixed Charges Rs 1,00,000 per year NA
Equity Delivery 0.10% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 0.015% Rs 20 per executed order or 0.05% whichever is low
Equity Futures 0.015% Rs 20 per executed order or 0.01% whichever is low
Equity Options 0.05% or Rs 63 per lot Rs 20 per executed order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Open Paytm Money Account

Sharekhan Vs Paytm Money Brokerage Plan 3

  Sharekhan Paytm Money
Account Type Margin - Rs 1 Lakh Standard Plan
Fixed Charges Rs 1,00,000 margin NA
Equity Delivery 0.25% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 0.05% Rs 20 per executed order or 0.05% whichever is low
Equity Futures 0.05% Rs 20 per executed order or 0.01% whichever is low
Equity Options 1% or Rs 70 per lot Rs 20 per executed order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Open Paytm Money Account

Sharekhan Charges Vs Paytm Money

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share
Other Charges Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 20 Rs 100

Expand

Sharekhan Vs Paytm Money Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (on premium) while Paytm Money exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

  Sharekhan Paytm Money
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 BSE Rs 200 per Cr (0.002%)
Equity Options NSE Rs 5050 per Cr (0.0505%) (on premium) NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%)
Currency Options NSE Rs 3700 per Cr (0.037%) (on premium) (on premium)
Commodity Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05%
Open Paytm Money Account

Expand

Sharekhan Vs Paytm Money Leverage (Margin)

Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Paytm Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Sharekhan Paytm Money
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

Expand

Compare Sharekhan and Paytm Money Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Sharekhan Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) No
Trading Platform TradeTiger, Sharekhan Mobile Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:30 PM 3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Pattern finder, Class room training
Open Paytm Money Account

Expand

Sharekhan Vs Paytm Money Review

Sharekhan is rated 3.3 of 5 based on 313 customer reviews whereas Paytm Money is rated 3.2 of 5 based on 52 customer reviews.

  Sharekhan Paytm Money
  313 Customer Reviews    Rate Sharekhan 52 Customer Reviews    Rate Paytm Money
Fees 3.0 3.3
Brokerage 2.8 3.8
Trading Platform 3.7 3.4
Customer Service 3.3 2.6
Research Capabilities 3.0 3.2
Overall Ratings Rated 3.3 stars Rated 3.2 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 313 customer reviews Paytm Money is rated 3.2 of 5 based on 52 customer reviews

Expand

Contact Broker / Request A Call Back

  Sharekhan Enquire Paytm Money Enquire
Contact Broker 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. 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
Paytm Money QR Code

Expand

Sharekhan Vs Paytm Money Investment Options

  Sharekhan Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Loans, NRI Trading NPS Retirement Fund, Digital Fund

Expand

Sharekhan Vs Paytm Money Order Type Offered

  Sharekhan Paytm Money
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open Paytm Money Account

Expand

Sharekhan Vs Paytm Money Research Report

  Sharekhan Paytm Money
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

Expand

Sharekhan Vs Paytm Money Suitable For Investor Type

  Sharekhan Paytm Money
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

Expand

Sharekhan Vs Paytm Money - Pros and Cons

  Sharekhan Paytm Money
Pros
  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.
  • Flat rate brokerage fee (max Rs 20 per trade).
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
Cons
  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms use fee: Rs 30 per month.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
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

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Paytm Money Special Offer

Pay Rs 0 brokerage for first 15 days

  • Pay flat ₹20 per executed order for Delivery, Intraday & F&O.

This is a limited-time offer. Open Instant Paytm Account online and start trading today.

Paytm Money QR Code
Open Paytm Money Account

Comments

Add a public comment...

Compare More Brokers: