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Fyers Vs Paytm Money: Which one is better?

Both the brokers are registered with SEBI. Fyers offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Fyers Max Rs 20 per trade while the brokerage of Paytm Money Max Rs 15 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 4,67,814 where number of active customer for Fyers is 1,35,268. Paytm Money is serving more customer compare to Fyers.

Here we present side-by-side comparison of Fyers 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 Fyers 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 Fyers 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 Fyers 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
  • Investment Options
  • And many more attributes

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.

Compare Fyers vs Paytm Money on Service

  Fyers Compare
Fyers
Paytm Money Compare
Paytm Money
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 3.5 stars Rated 4.5 stars
Trading Platform Rated 4 stars Rated 3.5 stars
Investments Offering Rated 4 stars Rated 4.5 stars
Customer Service Rated 4 stars Rated 3.5 stars
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX NSE, BSE
Active Clients 1,35,268 4,67,814
Broker Overview Rs. 0 delivery trade, Rs. 20 per order brokerage plan, zero brokerage mutual fund investment, & Fyers One, Fyers App, and Fyers Web-based advanced technology trading platform make Fyers the best broker for traders and investors. In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 15 lowest brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & w...Know more about Paytm Money
Broker Enquiry Request call back from Fyers Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Fyers vs Paytm Money on Trading & Demat Account Opening Charges

Comparison of Fyers 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.

Trading & Demat Account Opening Charges - Compare Fyers with Paytm Money
Charges Fyers 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 Yes Yes
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About Brokerage Plans

Compare Fyers vs Paytm Money on Plan Options

Plans are the most important feature you look when compare Fyers 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.

Compare Fyers with Paytm Money on Plan Options
Plan Types Fyers Paytm Money
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Fyers Paytm Money
Account Opening Request
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Brokerage Charges

Compare Fyers vs Paytm Money on Brokerage Charges

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas equity delivery trading and mutual fund investment with Paytm Money is absolutely free of cost.

Brokerage Charges - Compare Fyers with Paytm Money
Brokerage Charges Compare Fyers Paytm Money
Plan Name Max Rs 20 Per Order Trading Plan Flat Brokerage Plan
Equity Delivery Free 2.5% or Rs 15 whichever is lower
Equity Intraday 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Futures 0.03% or Rs 20 whichever is lower 0.02% or Rs 15 whichever is lower
Equity Options Flat Rs 20 per order Flat Fee Rs 15 per order
Currency Futures 0.03% or Rs 20 whichever is lower NA
Currency Options Flat Rs 20 per order NA
Commodity Trading 0.03% or Rs 20 whichever is lower NA
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding No Info Not Available
Call & Trade Charges Rs 50 Per Order Rs 100 per executed order
Auto Square off Charges Rs 50 Per Order Rs 50 per executed order
Brokerage Calculator Brokerage Calculator for Fyers Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Fyers vs Paytm Money on Transaction Charges

Compare Fyers with Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Fyers with Paytm Money
Transaction Charges Compare Fyers Paytm Money
Equity Delivery Rs 325 Per Cr Rs 345 Per Cr
Equity Intraday Rs 325 Per Cr Rs 345 Per Cr
Equity Futures Rs 240 Per Cr Rs 200 Per Cr
Equity Options Rs 5900 Per Cr Rs 5300 Per Cr
Currency Futures Rs 175 Per Cr NA
Currency Options Rs 6500 Per Cr NA
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for fyers Complete Brokerage Plans for paytm-money
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Account Features

Compare Fyers vs Paytm Money on Account Features

Compare Fyers 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 - Fyers offers Algo Trading where Paytm Money doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Fyers with Paytm Money
Account Features Compare Fyers Paytm Money
3 in 1 Account No Fyers have 2-in-1 account. Only Demate and Trading account. No Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No No
Online Demo Yes No
Online Portfolio No Yes
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15 PM 3:10 PM
NRI Trading No No
Other Features Fyers 30 Day Challenge NIL
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Trading Platform

Compare Fyers vs Paytm Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Fyers 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 Fyers with Paytm Money
Trading Platform Compare Fyers Paytm Money
Desktop Trading Platform Fyers One Paytm Money
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No Yes
Web Trading Platform Yes Yes
Web Trading Detail Fyers Web Paytm Money Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Fyers Mobile App Paytm Money App
Mobile Trading App Demo Fyers Mobile App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Fyers Mobile App Download Andriod Paytm Money App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Fyers Mobile App Download iOS Paytm Money App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Fyers Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Fyers Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Fyers Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for fyers Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Fyers vs Paytm Money on User Rating

  Fyers Paytm Money
  9 Customer Reviews    Rate Fyers 4 Customer Reviews    Rate Paytm Money
Fees Ratings 3.4 3.8
Trading Brokerage Rating 3.7 4.5
Trading Platform Usability 3.8 3.0
Customer Service Ratings 3.4 3.5
Overall Ratings Rated 3.3 stars Rated 4.0 stars
Broker Rating Fyers is Rated 3.3 / 5 based on 9 customer reviews Paytm Money is Rated 4.0 / 5 based on 4 customer reviews
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Investment Offerings

Compare Fyers vs Paytm Money on Investment Offerings

Compare Fyers 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 - Fyers 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 Fyers with Paytm Money
Investment Offerings Compare Fyers Paytm Money
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity Yes No
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options NIL NPS
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Order Types

Compare Fyers vs Paytm Money on Order Types

Order Type - Compare Fyers 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- Fyers offers Good Till Cancelled (GTC) orders where Paytm Money doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Fyers with Paytm Money
Order Type Compare Fyers Paytm Money
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Fyers vs Paytm Money on Customer Service

Compare Fyers 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 Support - Compare Fyers with Paytm Money
Customer Service Compare Fyers Paytm Money
24/7 Customer Service Fyers vs Paytm Money - 24x7 customer support No No
Email Support Fyers vs Paytm Money - Email Support Yes Yes
Onine Live Chat Fyers vs Paytm Money - Onine Live Chat No No
Phone Support Fyers vs Paytm Money - Phone Support Yes Yes
Toll Free Number Fyers vs Paytm Money - Toll Free Number No No
Through Branches Fyers vs Paytm Money - Through Branches No No
Customer Care Number Fyers vs Paytm Money - Customer Care Number 080 4625 1111 Info Not Available
Account Opening Process Fyers vs Paytm Money - Account Opening Process 100% online and paperless proc Online/Paperless
Customer Support Email Fyers vs Paytm Money - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Fyers vs Paytm Money - Knowledge Center/Education https://fyers.in/school-of-stocks/ https://www.paytmmoney.com/care
Head Office Address Fyers vs Paytm Money - Head Office Address/Corporate Address Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website Fyers vs Paytm Money - Company Website https://fyers.in/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Fyers vs Paytm Money on Research Reports, Tips

Compare Fyers with Paytm Money on research reports and tips provided by the broker.

Research Reports - Compare Fyers with Paytm Money
  Fyers Paytm Money
Research Mutual Funds Fyers vs Paytm Money - Research Mutual Funds No No
Research Equity Reports Fyers vs Paytm Money - Research Equity Reports No No
Research ETF Fyers vs Paytm Money - Research ETF No No
Daily Market Report Fyers vs Paytm Money - Daily Market Report No No
Free Tips Fyers vs Paytm Money - Free Tips No No
Quarterly Result Analysis Fyers vs Paytm Money - Quarterly Results No No
News Alerts Fyers vs Paytm Money - Yes No
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Demat Account

Compare Fyers vs Paytm Money on Demat Account

Compare Fyers 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 Fyers is Free where for Paytm Money is Zero. Fyers 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 Fyers is ₹10 + ₹5.50 (CDSL Charges) per 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

Demat Charges - Compare Fyers with Paytm Money
  Fyers Paytm Money
DP Source CDSL CDSL
DP ID Fyers vs Paytm Money - DP ID 432-2019 CDSL: 1208
Demat Account Annual Maintenance Charges(AMC) Free Zero
Advance Deposit Nil Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹10 + ₹5.50 (CDSL Charges) per transaction ₹10 per ISIN
Demat ₹100 per certificate ₹250 per 100 shares
Remat ₹100 per certificate + CDSL Charges ₹250 per 100 shares
Pledge Creation ₹50 + ₹12 CSDL charges ₹32 per ISIN
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹50 + ₹12 CSDL charges ₹32 per ISIN
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹50 ₹32 per ISIN
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Fyers vs Paytm Money on Special Offers and Promotion

Compare Fyers with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Fyers vs Paytm Money on Special Offers and Promotion
  Fyers Paytm Money
Pay In and Pay Out Options Fyers vs Paytm Money - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - 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 Fyers vs Paytm Money - Payout Time Up to 24 Hrs except for Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Fyers vs Paytm Money - Bank Supported and Charges 24+ banks connected via payment gateway, Free pay in and Free Pay Out. Paytm Money allows 190+ Banks.
Bank Detail Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Info Not Available
Likes
  • Brokerage free delivery trading and investment in mutual funds.
  • Pay Rs. 20 flat brokerage fee on intraday and F&O trades.
  • Zero brokerage direct mutual fund investment.
  • Invest in an idea or theme-based portfolio with Fyers Thematic Investing.
  • Best-class trading platforms across web, app, and desktop software.
  • Advanced orders like bracket order, cover order, after-market order, and basket order.
  • Win upto Rs. 5,000 brokerage refund with Fyers 30-day challenge.
  • Fyers School of Stocks, a free stock market learning platform.
  • Get free access to Fyers API.
  • Zero payment gateway charges.
  • Zero pledge charges.
  • No proprietary trading.
  • No hidden cost.

Detail Review...

  • Lowest brokerage online trading at Rs. 15 per order.
  • No brokerage on delivery orders and intraday and F&O trade at even low brokerage of Rs. 10/order for account opened before 5 August 22.
  • Invest in direct mutual funds for free and get upto 1% higher return.
  • Get free mutual fund advisory services.
  • One-tap switch facility to switch external regular mutual fund investment to direct mutual funds.
  • Apply for IPO online.
  • Advanced orders like bracket order, cover order, and after market order.
  • Place GTT (Good Till Triggered) order to place longer period order.
  • Easy to use and great design platforms for traders and investors.
  • Online fund transfer via 190+ supported banks.
  • Fund transfer via UPI is free.
  • Paytm Wealth Academy to boost financial education for beginners.
  • No hidden charges & investment fee.

Detail Review...

Dislikes
  • Fyers Direct mutual fund platform is not available as a mobile app.
  • Fyers does not provide intraday tips, research, and advisory services.
  • It does not offer a 3-in-1 account opening facility.
  • Currently, it does not offer NRI trading services however, expected to launch soon.

Detail Review...

  • It does not offer commodity and currency trading.
  • Paytm Money charges 30/month platform fees or Rs. 300 per year.
  • You cannot open a 3-in-1 account.
  • NRIs cannot open an account with Paytm Money.
  • It does not offer zero brokerage unlimited monthly trading plans.
  • Very high call & trade charges of Rs. 300/order.
  • Delivery trading is not free for new customers who opened accounts after August 22.

Detail Review...

Special Offers/Promo
Enquiry Open Fyers Account Now>> Open Paytm Money Account Now>>

Last Updated on 2022-06-15T00:21:51+00:00