Tradingo Vs Paytm Money (Compare Tradingo and Paytm Money)

About Tradingo

Tradingo is an online trading platform, powered by Swastika Investmart Limited (SEBI Reg. No. : INZ000192732), a traditional brokerage company and financial service provider since 1992. Tradingo is a discount broker that offers transparent and affordable brokerage services to customers who want to trade in the Indian stock market. They allow people to trade online with the help of a broker, ensuri... Know more about Tradingo

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

Tradingo Vs Paytm Money

Expand

Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 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.

 TradingoPaytm Money
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipNSE, BSE, MCX and NCDEXNSE and BSE
Year of Incorporation20162017
Number of Branches1

Tradingo Vs Paytm Money Charges & AMC

Expand

Tradingo trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 0 (Free). Tradingo Demat Account AMC Charges is Rs 250 +GST (From 2nd Year) and Paytm Money Demat Account AMC Charges is Rs 0 (Free) Lifetime Free.

 TradingoPaytm Money
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0 (Free) (Annual Platform Fees)
Demat Account Opening ChargesRs 0Rs 0 (Free)
Demat Account AMC ChargesRs 250 +GST (From 2nd Year)Rs 0 (Free) Lifetime Free

Tradingo Vs Paytm Money Brokerage

Expand

Tradingo brokerage charges for equity is Rs 20 per trade or 2.5% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower) 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 TypeTradingo Discount Broking PlanPaytm Money Standard Plan
Fixed ChargesNilNA
Equity DeliveryRs 20 per trade or 2.5% (whichever is lower)Rs 20 per executed order or 2.5% whichever is low
Equity IntradayRs 20 per trade or 0.05% (whichever is lower)Rs 20 per executed order or 0.05% whichever is low
Equity FuturesRs 20 per trade or 0.05% (whichever is lower)Rs 20 per executed order or 0.01% whichever is low
Equity OptionsRs 20 per executed orderRs 20 per executed order
Currency FuturesRs 20 per trade or 0.05% (whichever is lower)
Currency OptionsRs 20 per executed order
Commodity FuturesRs 20 per trade or 0.05% (whichever is lower)
Commodity OptionsRs 20 per executed order
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.

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.

Tradingo Vs Paytm Money Brokerage Plan 2

Expand
 TradingoPaytm Money
Account TypePremium PlanStandard Plan
Fixed ChargesNilNA
Equity Delivery0.3% of trade valueRs 20 per executed order or 2.5% whichever is low
Equity Intraday0.03% of trade valueRs 20 per executed order or 0.05% whichever is low
Equity Futures0.03% of trade valueRs 20 per executed order or 0.01% whichever is low
Equity OptionsRs 30 per lotRs 20 per executed order
Currency Futures0.3% of trade value
Currency OptionsRs 30 per lot
Commodity Futures0.3% of trade value
Commodity OptionsRs 30 per lot

Tradingo Charges Vs Paytm Money

Expand
Minimum BrokerageRs 0Rs 20
Other ChargesReal Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)Rs 50 + GST system auto square off; Physical Statements - Rs 300 per request + Rs 300 per Courier
Call & Trade ChargesAdditional Rs 20 per executed orderRs 100

Tradingo Vs Paytm Money Leverage (Margin)

Expand

Tradingo 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.

 TradingoPaytm Money
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)

Compare Tradingo and Paytm Money Features

Expand

The trading platforms offered Tradingo include Tradingo, Justrade. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

 TradingoPaytm Money
3 in 1 AccountNoNo
Automated TradingNoNo
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)YesNo
Trading PlatformTradingo, JustradePaytm Money mobile app, Paytm Money website
Intraday Square-off TimeEq: 3:15PM | Curr/Commodity: 15 Mins before market closes3:15 PM
Trading In SME Shares Allowed?NoNo
Referral ProgramNoNo
Other Features

Tradingo Vs Paytm Money Review

Expand

Tradingo is rated of 5 based on 6 customer reviews whereas Paytm Money is rated of 5 based on 53 customer reviews.

 TradingoPaytm Money
 6 Customer Reviews    Rate Tradingo53 Customer Reviews    Rate Paytm Money
FeesRated 4.2 starsRated 3.2 stars
BrokerageRated 4.7 starsRated 3.7 stars
Trading PlatformRated 3.5 starsRated 3.5 stars
Customer ServiceRated 3.8 starsRated 2.6 stars
Research CapabilitiesRated 2.0 starsRated 3.2 stars
Overall RatingRated 4.0 starsRated 3.2 stars
Broker RatingTradingo is Rated 4.0 / 5 based on 6 customer reviewsPaytm Money is Rated 3.2 / 5 based on 53 customer reviews

Contact Broker / Request A Call Back

Expand
 TradingoPaytm Money
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 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.

Tradingo Vs Paytm Money Investment Options

Expand
 TradingoPaytm Money
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesNo

Tradingo Vs Paytm Money Order Type Offered

Expand
 TradingoPaytm Money
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)NoYes
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)NoNo

Tradingo Vs Paytm Money Suitable For Investor Type

Expand
 TradingoPaytm Money
Casual InvestorNoNo
Active InvestorYesYes
TraderYesYes

Tradingo Vs Paytm Money - Pros and Cons

Expand
 TradingoPaytm Money
Pros
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
  • 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
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
  • 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

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges Rs 20 per order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per trade or 0.05% (whichever is lower) for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

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

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
Compare TradingoCompare Paytm Money
Tradingo Vs 5paisaPaytm Money Vs 5paisa
Tradingo Vs Aditya Birla MoneyPaytm Money Vs Aditya Birla Money
Tradingo Vs Alice BluePaytm Money Vs Alice Blue
Tradingo Vs Anand RathiPaytm Money Vs Anand Rathi
Tradingo Vs Angel OnePaytm Money Vs Angel One
Tradingo Vs Arihant CapitalPaytm Money Vs Arihant Capital
Tradingo Vs AxisDirectPaytm Money Vs AxisDirect
Tradingo Vs Bajaj BrokingPaytm Money Vs Bajaj Broking
Tradingo Vs BlinkXPaytm Money Vs BlinkX
Tradingo Vs DhanPaytm Money Vs Dhan
Tradingo Vs FirstockPaytm Money Vs Firstock
Tradingo Vs FyersPaytm Money Vs Fyers
Tradingo Vs GeojitPaytm Money Vs Geojit
Tradingo Vs GrowwPaytm Money Vs Groww
Tradingo Vs HDFC SecuritiesPaytm Money Vs HDFC Securities
Tradingo Vs ICICIdirectPaytm Money Vs ICICIdirect
Tradingo Vs Indiabulls SecuritiesPaytm Money Vs Indiabulls Securities
Tradingo Vs INDmoneyPaytm Money Vs INDmoney
Tradingo Vs Jainam BrokingPaytm Money Vs Jainam Broking
Tradingo Vs Kotak SecuritiesPaytm Money Vs Kotak Securities
Tradingo Vs m.StockPaytm Money Vs m.Stock
Tradingo Vs Mirae Asset SharekhanPaytm Money Vs Mirae Asset Sharekhan
Tradingo Vs Monarch NetworthPaytm Money Vs Monarch Networth
Tradingo Vs Motilal OswalPaytm Money Vs Motilal Oswal
Tradingo Vs Nuvama (Edelweiss)Paytm Money Vs Nuvama (Edelweiss)
Tradingo Vs ProstocksPaytm Money Vs Prostocks
Tradingo Vs SahiPaytm Money Vs Sahi
Tradingo Vs SAMCOPaytm Money Vs SAMCO
Tradingo Vs SAS OnlinePaytm Money Vs SAS Online
Tradingo Vs SBI SecuritiesPaytm Money Vs SBI Securities
Tradingo Vs Share.MarketPaytm Money Vs Share.Market
Tradingo Vs TradeSmartPaytm Money Vs TradeSmart
Tradingo Vs UpstoxPaytm Money Vs Upstox
Tradingo Vs Yes SecuritiesPaytm Money Vs Yes Securities
Tradingo Vs ZerodhaPaytm Money Vs Zerodha

Side-by-Side Comparison of Broker