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Dhan Vs Paytm Money: Which one is better?

Both the brokers are registered with SEBI. Dhan offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Dhan Max Rs 20 per trade while the brokerage of Paytm Money Max Rs 20 per trade. Both the brokers are Discount Brokers. Dhan is having overall lower rating compare to Paytm Money. Dhan is rated only 3 out of 5 where Paytm Money is rated 4 out of 5. Number of active customer for Paytm Money is 8,02,146 where number of active customer for Dhan is 4,69,961. Paytm Money is serving more customer compare to Dhan.

Here we present side-by-side comparison of Dhan 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 Dhan 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 Dhan 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 Dhan 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 Dhan vs Paytm Money on Service

  Dhan Compare
Dhan
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX NSE, BSE
Active Clients 4,69,961 8,02,146
Broker Overview Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr... Know more about Dhan 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 & ...Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Paytm Money
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Account Opening Charges and AMC

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

Comparison of Dhan 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 Dhan with Paytm Money
Charges Dhan 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 Dhan vs Paytm Money on Plan Options

Plans are the most important feature you look when compare Dhan 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 Dhan with Paytm Money on Plan Options
Plan Types Dhan Paytm Money
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Paytm Money
Account Opening Request
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Brokerage Charges

Compare Dhan vs Paytm Money on Brokerage Charges

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

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

Compare Dhan vs Paytm Money on Transaction Charges

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

Transaction Charges - Compare Dhan with Paytm Money
Transaction Charges Compare Dhan 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 NA NA
Brokerage Charges Complete Brokerage Plans for dhan Complete Brokerage Plans for paytm-money
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Account Features

Compare Dhan vs Paytm Money on Account Features

Compare Dhan 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 - Dhan offers Algo Trading where Paytm Money doesn't offers Algo Trading. Margin Funding - Dhan offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Dhan with Paytm Money
Account Features Compare Dhan Paytm Money
3 in 1 Account No Dhan have 2-in-1 account. Only Demate and Trading account. No Dhan 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 Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:20 PM 3:10 PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare Dhan vs Paytm Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Dhan 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 Dhan with Paytm Money
Trading Platform Compare Dhan Paytm Money
Desktop Trading Platform Dhan App, Web, Options Trader Paytm Money
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) No No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://web.dhan.co/ Paytm Money Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Dhan App Paytm Money App
Mobile Trading App Demo Dhan App Demo Paytm Money App Demo
Android Mobile App Yes Yes
Android App Download Andriod Dhan App Download Andriod Paytm Money App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Dhan 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 Dhan Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Dhan Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Dhan Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for dhan Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Dhan vs Paytm Money on User Rating

  Dhan Paytm Money
  12 Customer Reviews    Rate Dhan 6 Customer Reviews    Rate Paytm Money
Fees Ratings 2.8 3.2
Trading Brokerage Rating 3.6 3.8
Trading Platform Usability 3.2 3.2
Customer Service Ratings 2.8 2.7
Overall Ratings 3.3 3.0
Broker Rating Dhan is Rated 3.3 / 5 based on 12 customer reviews Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare Dhan vs Paytm Money on Investment Offerings

Compare Dhan 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 - Dhan offers trading options in Commodity (MCX) where Paytm Money doesn't offer. Online Mutual Fund Investment - Paytm Money offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare Dhan vs Paytm Money on Order Types

Order Type - Compare Dhan 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- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Dhan with Paytm Money
Order Type Compare Dhan 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 Yes
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Customer Service Offered

Compare Dhan vs Paytm Money on Customer Service

Compare Dhan 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 Dhan with Paytm Money
Customer Service Compare Dhan Paytm Money
24/7 Customer Service Dhan vs Paytm Money - 24x7 customer support No No
Email Support Dhan vs Paytm Money - Email Support Yes Yes
Onine Live Chat Dhan vs Paytm Money - Onine Live Chat Yes No
Phone Support Dhan vs Paytm Money - Phone Support Yes No
Toll Free Number Dhan vs Paytm Money - Toll Free Number No No
Through Branches Dhan vs Paytm Money - Through Branches No No
Customer Care Number Dhan vs Paytm Money - Customer Care Number 022-48906273 Info Not Available
Account Opening Process Dhan vs Paytm Money - Account Opening Process Zero Online/Paperless
Customer Support Email Dhan vs Paytm Money - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Dhan vs Paytm Money - Knowledge Center/Education https://knowledge.dhan.co/support/home https://www.paytmmoney.com/care
Head Office Address Dhan vs Paytm Money - Head Office Address/Corporate Address
302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website Dhan vs Paytm Money - Company Website https://dhan.co/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Dhan vs Paytm Money on Research Reports, Tips

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

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

Compare Dhan vs Paytm Money on Demat Account

Compare Dhan 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 Paytm Money is Zero where for Dhan is Zero.

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 Dhan is ₹12.5 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 Dhan with Paytm Money
  Dhan Paytm Money
DP Source CDSL CDSL
DP ID Dhan vs Paytm Money - DP ID 289-2016 12088800
Demat Account Annual Maintenance Charges(AMC) Zero Zero
Advance Deposit Nil Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.5 per transaction ₹10 per ISIN
Demat ₹250 per certificate + courier charges ₹250 per 100 shares
Remat ₹250 per certificate + courier charges ₹250 per 100 shares
Pledge Creation ₹12.5 per transaction ₹32 per ISIN
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹12.5 per transaction ₹32 per ISIN
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹12.5 per transaction ₹32 per ISIN
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Dhan vs Paytm Money on Special Offers and Promotion

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

Compare Dhan vs Paytm Money on Special Offers and Promotion
  Dhan Paytm Money
Pay In and Pay Out Options Dhan vs Paytm Money - Pay In and Pay Out Options UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Dhan vs Paytm Money - Payout Time Fast withdrawal with IMPS, NEFT Withdrawal Max 24 hrs except bank holidays
Bank Supported and Charges Dhan vs Paytm Money - Bank Supported and Charges Paytm Money allows 190+ Banks.
Bank Detail Info Not Available
Likes
  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

Detail Review...

Dislikes
  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

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

Last Updated on 2023-09-14T03:51:34+00:00