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Both the brokers are registered with SEBI. Finvasia offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Finvasia Max Rs 0 per trade while the brokerage of Paytm Money Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Paytm Money is 8,02,146 where number of active customer for Finvasia is 1,13,306. Paytm Money is serving more customer compare to Finvasia.
Here we present side-by-side comparison of Finvasia vs Paytm Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Finvasia vs Paytm Money's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of Finvasia vs Paytm Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Finvasia vs Paytm Money's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
 Finvasia |
 Paytm Money |
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|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
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Discount Broker | Discount Broker |
| Exchanges Supported
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BSE, NSE, MCX, NCDEX | NSE, BSE |
| Active Clients | 1,13,306 | 8,02,146 |
| Broker Overview | Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...  |
In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... |
| Broker Enquiry |
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Comparison of Finvasia with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Both broker don't charge any AMC for Demat Account.
| Charges | Finvasia | Paytm Money |
|---|---|---|
| Trading Account Opening Fees | Free | Free |
| Trading AMC | Free | Rs 30 per month (Platform fees) |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Free | Free |
| Provide DP Service |  |
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Plans are the most important feature you look when compare Finvasia with Paytm Money. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.
| Plan Types | Finvasia | Paytm Money |
|---|---|---|
| Multiple Plans |  |
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| Monthly Plans | |
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| Yearly Plans | |
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| Zerodha | Paytm Money | |
|---|---|---|
| Account Opening Request |
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.
| Brokerage Charges Compare | Finvasia | Paytm Money |
|---|---|---|
| Plan Name | Zero Brokerage Trading Plan | Flat Brokerage Plan |
| Equity Delivery | Rs 0 | 2.5% or Rs 20 whichever is lower |
| Equity Intraday | Rs 0 | 0.05% or Rs 20 whichever is lower |
| Equity Futures | Rs 0 | 0.02% or Rs 20 whichever is lower |
| Equity Options | Rs 0 | Flat Fee Rs 20 |
| Currency Futures | Rs 0 | NA |
| Currency Options | Rs 0 | NA |
| Commodity Trading | Rs 0 | NA |
| Minimum Brokerage | NA | NIL |
| Hidden Charges | No | No |
| Funding | Yes, 24% interest PA | Info Not Available |
| Call & Trade Charges | Free | Rs 100/order +GST |
| Auto Square off Charges | Free | Rs 50/order + GST |
| Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for Paytm Money |
Compare Finvasia with Paytm Money on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Finvasia | Paytm Money |
|---|---|---|
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for paytm-money |
Compare Finvasia with Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Finvasia offers Algo Trading where Paytm Money doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Finvasia offers NRI where Paytm Money doesn't offers NRI Trading.
| Account Features Compare | Finvasia | Paytm Money |
|---|---|---|
| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:10 PM |
| NRI Trading | |
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| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia and Paytm Money. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
| Trading Platform Compare | Finvasia | Paytm Money |
|---|---|---|
| Desktop Trading Platform | OMNESYS NEST | Paytm Money |
| Desktop Demo | Info Not Available | Info Not Available |
| Desktop Platform (Windows) | |
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| Desktop Platform (Mac) | |
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| Web Trading Platform | |
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| Web Trading Detail | https://trade.finvasia.com/ | Paytm Money Web |
| Web Trading Demo | Info Not Available | Web Trading Demo |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | SCALPERT | Paytm Money App |
| Mobile Trading App Demo | SCALPERT Demo | Paytm Money App Demo |
| Android Mobile App | |
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| Android App Download | Andriod SCALPERT Download | Andriod Paytm Money App Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | Info Not Available | iOS Paytm Money App Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| Trading Software Charges | Basic platforms are free, advance platforms are chargeable. | Rs. 30 per month |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for Paytm Money |
| Options Brokerage Calculator | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for Paytm Money |
| Detail | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for paytm-money |
| Finvasia | Paytm Money | |
|---|---|---|
17 Customer Reviews
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6 Customer Reviews
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| Fees Ratings | 4.3 | 3.2 |
| Trading Brokerage Rating | 4.6 | 3.8 |
| Trading Platform Usability | 4.0 | 3.2 |
| Customer Service Ratings | 3.5 | 2.7 |
| Overall Ratings | 4.2 | 3.0 |
| Broker Rating | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews |
Compare Finvasia with Paytm Money on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Finvasia offers trading options in Commodity (MCX) where Paytm Money doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
| Investment Offerings Compare | Finvasia | Paytm Money |
|---|---|---|
| Equity Cash and F&O | |
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| Currency Deravitives | |
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| Commodity | |
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| Online IPO Application | |
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| Mutual Funds | |
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| Bond / NCD | |
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| ETF | |
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| Banking | |
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| Insurance | |
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| Forex | |
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| MF SIP Investment | |
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| Equity SIP Investment | |
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| PMS Service | |
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| Other Investment Options | NIL | NIL |
Order Type - Compare Finvasia with Paytm Money on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Paytm Money offers Good Till Cancelled (GTC) orders where Finvasia doesn't support Good Till Cancelled (GTC) orders.
| Order Type Compare | Finvasia | Paytm Money |
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| CNC order | |
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| MIS order | |
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| NRML order | |
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| Cover order | |
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| Bracket order | |
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| AMO-After Market Orders | |
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| GTC-Good Till Cancelled | |
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Compare Finvasia with Paytm Money on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
| Customer Service Compare | Finvasia | Paytm Money |
|---|---|---|
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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| Customer Care Number
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Support: +91 9779 097 777/Sales: +91 9098 001 001 | Info Not Available |
| Account Opening Process
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Online/Paperless | Online/Paperless |
| Customer Support Email
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[email protected]/[email protected] | [email protected] |
| Knowledge Center/Education
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https://finvasia.com/announcements | https://www.paytmmoney.com/care |
| Head Office Address
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Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
| Website
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https://www.finvasia.com/ | https://www.paytmmoney.com/ |
Compare Finvasia with Paytm Money on research reports and tips provided by the broker.
| Finvasia | Paytm Money | |
|---|---|---|
| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Compare Finvasia with Paytm Money on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Finvasia is Free where for Paytm Money is Zero. Finvasia is a better choice in terms of Demat AMC compare to Paytm Money.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction where for Paytm Money is ₹10 per ISIN.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
| Finvasia | Paytm Money | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
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84300 | 12088800 |
| Demat Account Annual Maintenance Charges(AMC) | Free | Zero |
| Advance Deposit | Rs 0 | Nil |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹10 per ISIN |
| Demat | ₹15 per certificate | ₹250 per 100 shares |
| Remat | ₹15 for every hundred securities + CDSL Charges | ₹250 per 100 shares |
| Pledge Creation | ₹25 per transaction | ₹32 per ISIN |
| Pledge Creation Confirmation | NIL | Nil |
| Pledge Closure | ₹25 per transaction | ₹32 per ISIN |
| Pledge Closure Confirmation | NIL | Nil |
| Pledge Invocation | ₹19 per transaction | ₹32 per ISIN |
| Failed Instruction Charges | ₹49 | Nil |
| Other Charges | Nil | Nil |
Compare Finvasia with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Finvasia | Paytm Money | |
|---|---|---|
| Pay In and Pay Out Options
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Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through bank transfer only. |
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time
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Up to 24 hrs except for bank holidays. | Max 24 hrs except bank holidays |
| Bank Supported and Charges
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Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | Paytm Money allows 190+ Banks. |
| Bank Detail | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
Info Not Available |
| Likes |
No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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| Dislikes |
Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | |
| Enquiry | Open Zerodha Account Now>> | Open Paytm Money Account Now>> |
Last Updated on 2023-09-05T02:25:49+00:00
