Paytm Money review
Independent review of Paytm Money — brokerage, app, account opening, customer support and the kind of investor it actually fits. Paytm Money is a SEBI-registered discount broker by One 97 Communications.
Brokerage at a glance
Headline brokerage on the default Paytm Money standard plan. On top of brokerage you also pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges — see full charges for the breakdown.
About Paytm Money
Paytm Money is a SEBI-registered discount broker by One 97 Communications. Equity delivery is free; intraday and F&O are charged at flat ₹20 per executed order, with futures capped at 0.02% of turnover (whichever is lower).
Opening a Paytm Money account
Account opening is fully online for Indian residents. Keep your PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper handy. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days end-to-end. Start at www.paytmmoney.com.
Alternatives to Paytm Money
See the full ranked list of every retail broker in India on the stock brokers in India page. To compare exact landed cost on a typical trade, use the brokerage calculator — switch brokers in the dropdown without leaving the page.
Frequently asked
What people ask about Paytm Money.
Paytm Money is SEBI-registered and holds NSE / BSE membership, so it meets the regulatory bar every Indian broker must clear. Whether it is a good fit depends on what you trade. Compare the live brokerage and statutory charges on the Paytm Money brokerage calculator before deciding.
Equity delivery is Free. Equity intraday is ₹20 / 0.05%. Equity options is Flat ₹20. On top of brokerage you pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges. The brokerage calculator on this site shows the all-in landed cost for a sample trade.
Paytm Money is registered with SEBI and a trading member of NSE / BSE. Demat accounts are held with CDSL or NSDL — the broker does not hold your shares, the depository does. Funds are held in a SEBI-regulated client bank account separate from the broker's own funds. The risk to investors from broker failure is limited; the larger risk to manage is account fraud via phishing and OTP sharing.
The app covers order placement, watchlists, holdings and statements.. For a full feature list and download links see the Paytm Money app page.
Account opening is fully online for Indian residents. You need PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days. Apply via https://www.paytmmoney.com.
Discount brokers comparable to Paytm Money include Zerodha, Groww, Upstox, Dhan and Angel One. Full-service alternatives include ICICI Direct, HDFC Securities, Kotak Securities and Sharekhan. Compare brokerage rates side-by-side on the brokerage calculator before switching.