Mirae Asset Sharekhan Vs Paytm Money (Compare Mirae Asset Sharekhan and Paytm Money)

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.

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.

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.