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Upstox Logo

About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

Paytm Money Logo

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 Advisor. It is also a depository participant with CDSL and a member of both the NSE and BSE. Initially foc... Know more about Paytm Money

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Upstox Vs Paytm Money

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 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.

 UpstoxPaytm Money
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCXNSE and BSE
Year of Incorporation20122017
Number of Branches41
Open Upstox AccountOpen Paytm Money Account

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Upstox Vs Paytm Money Charges & AMC

Upstox trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 150 and Paytm Money Demat Account AMC Charges is Rs 0 (Free) Lifetime Free.

 UpstoxPaytm Money
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0 (Free)Rs 0 (Free) (Annual Platform Fees)
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC ChargesRs 150Rs 0 (Free) Lifetime Free

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Upstox Vs Paytm Money Brokerage

Upstox 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 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 TypeUpstox DefaultPaytm Money Standard Plan
Fixed ChargesNANA
Equity DeliveryRs 20 per executed order or 2.5% whichever is lowRs 20 per executed order or 2.5% whichever is low
Equity IntradayRs 20 per executed order or 0.05% whichever is lowerRs 20 per executed order or 0.05% whichever is low
Equity FuturesRs 20 per executed order or 0.05% whichever is lowerRs 20 per executed order or 0.01% whichever is low
Equity OptionsRs 20 per executed orderRs 20 per executed order
Currency FuturesRs 20 per executed order or 0.05% whichever is lower
Currency OptionsRs 20 per executed order
Commodity FuturesRs 20 per executed order or 0.05% whichever is lower
Commodity OptionsRs 20 per executed order
Special Offer
Special Offer: Pay flat Rs 20 per trade for delivery, 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

Upstox Charges Vs Paytm Money

Minimum Brokerage0.05%Rs 20
Other ChargesAuto Square-off Charges: Rs 50Rs 50 + GST system auto square off; Physical Statements - Rs 300 per request + Rs 300 per Courier
Call & Trade ChargesRs 20 per tradeRs 100
Open Upstox AccountOpen Paytm Money Account

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Upstox Vs Paytm Money Leverage (Margin)

Upstox 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.

 UpstoxPaytm 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)
Open Upstox AccountOpen Paytm Money Account

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Compare Upstox and Paytm Money Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

 UpstoxPaytm Money
3 in 1 AccountNoNo
Automated TradingYesNo
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)NoNo
Margin Against Shares (Equity F&O)YesNo
Trading PlatformUpstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android AlgolaPaytm Money mobile app, Paytm Money website
Intraday Square-off Time3:00 PM3:15 PM
Trading In SME Shares Allowed?YesNo
Referral ProgramYesNo
Other FeaturesOption strategy builder
Open Upstox AccountOpen Paytm Money Account

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Upstox Vs Paytm Money Review

Upstox is rated of 5 based on 149 customer reviews whereas Paytm Money is rated of 5 based on 53 customer reviews.

 UpstoxPaytm Money
 149 Customer Reviews    Rate Upstox53 Customer Reviews    Rate Paytm Money
FeesRated 3.3 starsRated 3.2 stars
BrokerageRated 3.3 starsRated 3.7 stars
Trading PlatformRated 2.6 starsRated 3.5 stars
Customer ServiceRated 2.3 starsRated 2.6 stars
Research CapabilitiesRated 2.2 starsRated 3.2 stars
Overall RatingRated 2.4 starsRated 3.2 stars
Broker RatingUpstox is Rated 2.4 / 5 based on 149 customer reviewsPaytm Money is Rated 3.2 / 5 based on 53 customer reviews

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Contact Broker / Request A Call Back

 UpstoxPaytm Money
Contact Broker
Pay flat Rs 20 per trade for delivery, 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

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Upstox Vs Paytm Money Investment Options

 UpstoxPaytm Money
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsNoYes
Bond / NCDNoNo
DebtNoNo

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Upstox Vs Paytm Money Order Type Offered

 UpstoxPaytm Money
Bracket OrderNoYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)NoYes
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo
Open Upstox AccountOpen Paytm Money Account

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Upstox Vs Paytm Money Suitable For Investor Type

 UpstoxPaytm Money
Casual InvestorYesNo
Active InvestorYesYes
TraderYesYes

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Upstox Vs Paytm Money - Pros and Cons

 UpstoxPaytm Money
Pros
  • Zero account opening fee.
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments including equity delivery.
  • Offer direct mutual funds.
  • One app for trading in equity, currency, and commodity.
  • Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
  • Good-Till-Triggered (GTT) orders are available.
  • 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
  • Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer margin funding for delivery trades.
  • Doesn't offer stock tips or recommendations.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer 24/7 customer support.
  • Doesn't offer API access for automated trading.
  • Doesn't offer NRI Trading and Demat account.
  • Doesn't offer BTST
  • Doesn't offer digital gold.
  • Call-and-trade fee is Rs 20 per executed order extra.
  • Automatic settlement charges an additional Rs 50 per executed order.
  • Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
  • 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

Upstox Special Offer

Exclusive offer by Upstox

  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.

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 Upstox AccountOpen Paytm Money Account


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