Paytm Money Vs INDmoney (Compare Paytm Money and INDmoney)

About Paytm Money

Established in 2017, Paytm Money is a prominent Indian wealth management platform that leverages technology to streamline investment processes. It facilitates investments across a broad spectrum of assets, including equities, F&O, mutual funds, SIPs, IPOs, NPS, and debt instruments, offering a user-friendly experience. Paytm Money operates as a SEBI-registered stockbroker and Investment Adviso... Know more about Paytm Money

About INDmoney

Founded in 2019, INDmoney Private Limited is India's "Super Finance App" that helps you manage, plan and grow your money and all in one place. With INDmoney, you can track your entire family's finances, set savings goals and invest in various options like Indian stocks, US stocks, mutual funds, ETFs, fixed deposits, IPOs and more. INDmoney is registered with SEBI as an investment advisor. INDmone... Know more about INDmoney

Paytm Money Vs INDmoney

Expand

Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India. Incorporated in 2019, INDmoney is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

 Paytm MoneyINDmoney
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipNSE and BSEBSE, NSE
Year of Incorporation20172019
Number of Branches11
Open INDmoney Account

Paytm Money Vs INDmoney Charges & AMC

Expand

Paytm Money trading account opening charges is Rs 0 (Free) while INDmoney account opening changes is Rs 0. Paytm Money Demat Account AMC Charges is Rs 0 (Free) Lifetime Free and INDmoney Demat Account AMC Charges is Rs 0.

 Paytm MoneyINDmoney
Trading Account Opening ChargesRs 0 (Free)Rs 0
Trading Account AMC ChargesRs 0 (Free) (Annual Platform Fees)Rs 0
Demat Account Opening ChargesRs 0 (Free)Rs 0
Demat Account AMC ChargesRs 0 (Free) Lifetime FreeRs 0

Paytm Money Vs INDmoney Brokerage

Expand

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 INDmoney brokerage charges for equity is 0.05% of order value or Rs 20, whichever is lower and intraday is 0.05% of order value or Rs 20, whichever is lower.

Account TypePaytm Money Standard PlanINDmoney Standard Plan
Fixed ChargesNA
Equity DeliveryRs 20 per executed order or 2.5% whichever is low0.05% of order value or Rs 20, whichever is lower
Equity IntradayRs 20 per executed order or 0.05% whichever is low0.05% of order value or Rs 20, whichever is lower
Equity FuturesRs 20 per executed order or 0.01% whichever is lowRs 20 per executed order
Equity OptionsRs 20 per executed orderRs 20 per executed order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
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: Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100.

Paytm Money Charges Vs INDmoney

Expand
Minimum BrokerageRs 20Rs 2
Other ChargesRs 50 + GST system auto square off; Physical Statements - Rs 300 per request + Rs 300 per Courier
Call & Trade ChargesRs 100Rs 500
Open INDmoney Account

Paytm Money Vs INDmoney Leverage (Margin)

Expand

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

 Paytm MoneyINDmoney
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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 INDmoney Account

Compare Paytm Money and INDmoney Features

Expand

The trading platforms offered Paytm Money include Paytm Money mobile app, Paytm Money website. INDmoney offers INDmoney App, INDstocks App and INDmoney Web Platform trading software.

 Paytm MoneyINDmoney
3 in 1 AccountNoNo
Automated TradingNoNo
Margin Trading FundingNoNo
Margin Against Shares (Equity Cash)NoNo
Margin Against Shares (Equity F&O)NoNo
Trading PlatformPaytm Money mobile app, Paytm Money websiteINDmoney App, INDstocks App and INDmoney Web Platform
Intraday Square-off Time3:15 PM
Trading In SME Shares Allowed?NoYes
Referral ProgramNoNo
Other Features
Open INDmoney Account

Paytm Money Vs INDmoney Review

Expand

Paytm Money is rated of 5 based on 53 customer reviews whereas INDmoney is rated of 5 based on 1 customer reviews.

 Paytm MoneyINDmoney
 53 Customer Reviews    Rate Paytm Money1 Customer Reviews    Rate INDmoney
FeesRated 3.2 starsRated 5.0 stars
BrokerageRated 3.7 starsRated 2.0 stars
Trading PlatformRated 3.5 starsRated 4.0 stars
Customer ServiceRated 2.6 starsRated 4.0 stars
Research CapabilitiesRated 3.2 starsRated 2.0 stars
Overall RatingRated 3.2 starsRated 4.0 stars
Broker RatingPaytm Money is Rated 3.2 / 5 based on 53 customer reviewsINDmoney is Rated 4.0 / 5 based on 1 customer reviews

Contact Broker / Request A Call Back

Expand
 Paytm MoneyINDmoney
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.
Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100.

Paytm Money Vs INDmoney Investment Options

Expand
 Paytm MoneyINDmoney
Stock / EquityYesYes
CommodityNoNo
IPOYesYes
Mutual FundsYesNo
Bond / NCDNoNo
DebtNoNo

Paytm Money Vs INDmoney Order Type Offered

Expand
 Paytm MoneyINDmoney
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesNo
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)NoYes
Open INDmoney Account

Paytm Money Vs INDmoney Suitable For Investor Type

Expand
 Paytm MoneyINDmoney
Casual InvestorNoNo
Active InvestorYesYes
TraderYesYes

Paytm Money Vs INDmoney - Pros and Cons

Expand
 Paytm MoneyINDmoney
Pros
  • 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.
  1. Zero-cost trading account opening.
  2. INDmoney AMC charges are Rs 0 (lifetime).
  3. Invest in Indian and US stocks from one app.
  4. Pledge & Unpledge: Rs 20 + GST per ISIN per request.
  5. INDmoney for US stocks: Direct Access (NSEIX) and Zero AMC and Withdrawal Charges.
  6. Mutual Fund: Invest in 1600+ Direct Plan Mutual Funds.
  7. Invest in NPS: Efficient Retirement Planning. Save up to Rs 62,400/- per year in taxes with NPS.
  8. Family Accounts: Manage All your Family Accounts.
Cons
  • 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.
  1. No Margin Trading Funding — Borrowed funds for leveraged trades are not available.
  2. No Currency or Commodity Trading — Limited to equity, mutual funds, and US stock segments.
  3. No 3-in-1 Account — Banking, demat, and trading are not linked together.
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

INDmoney Special Offer

Free stock trading and mutual funds Account

  • Lifetime FREE Demat account AMC
  • Brokerage free Mutual Fund investment
  • Invest in Indian and US stocks from one app
  • 4X instant wallet boost with MTF at just 0.04% interest per day
  • Flat ₹20 brokerage per trade across all F&O segments
  • Zero Fees on US stocks deposits and Withdrawals
  • Track all finances and know your net worth

Limited-time offer!

Open your instant INDmoney account (FREE) online and start trading today.

Open INDmoney Account
Compare Paytm MoneyCompare INDmoney
Paytm Money Vs 5paisaINDmoney Vs 5paisa
Paytm Money Vs Aditya Birla MoneyINDmoney Vs Aditya Birla Money
Paytm Money Vs Alice BlueINDmoney Vs Alice Blue
Paytm Money Vs Anand RathiINDmoney Vs Anand Rathi
Paytm Money Vs Angel OneINDmoney Vs Angel One
Paytm Money Vs Arihant CapitalINDmoney Vs Arihant Capital
Paytm Money Vs AxisDirectINDmoney Vs AxisDirect
Paytm Money Vs Bajaj BrokingINDmoney Vs Bajaj Broking
Paytm Money Vs BlinkXINDmoney Vs BlinkX
Paytm Money Vs DhanINDmoney Vs Dhan
Paytm Money Vs FirstockINDmoney Vs Firstock
Paytm Money Vs FyersINDmoney Vs Fyers
Paytm Money Vs GeojitINDmoney Vs Geojit
Paytm Money Vs GrowwINDmoney Vs Groww
Paytm Money Vs HDFC SecuritiesINDmoney Vs HDFC Securities
Paytm Money Vs ICICIdirectINDmoney Vs ICICIdirect
Paytm Money Vs Indiabulls SecuritiesINDmoney Vs Indiabulls Securities
Paytm Money Vs Jainam BrokingINDmoney Vs Jainam Broking
Paytm Money Vs Kotak SecuritiesINDmoney Vs Kotak Securities
Paytm Money Vs m.StockINDmoney Vs m.Stock
Paytm Money Vs Mirae Asset SharekhanINDmoney Vs Mirae Asset Sharekhan
Paytm Money Vs Monarch NetworthINDmoney Vs Monarch Networth
Paytm Money Vs Motilal OswalINDmoney Vs Motilal Oswal
Paytm Money Vs Nuvama (Edelweiss)INDmoney Vs Nuvama (Edelweiss)
Paytm Money Vs ProstocksINDmoney Vs Prostocks
Paytm Money Vs SahiINDmoney Vs Sahi
Paytm Money Vs SAMCOINDmoney Vs SAMCO
Paytm Money Vs SAS OnlineINDmoney Vs SAS Online
Paytm Money Vs SBI SecuritiesINDmoney Vs SBI Securities
Paytm Money Vs Share.MarketINDmoney Vs Share.Market
Paytm Money Vs TradeSmartINDmoney Vs TradeSmart
Paytm Money Vs TradingoINDmoney Vs Tradingo
Paytm Money Vs UpstoxINDmoney Vs Upstox
Paytm Money Vs Yes SecuritiesINDmoney Vs Yes Securities
Paytm Money Vs ZerodhaINDmoney Vs Zerodha

Side-by-Side Comparison of Broker