The brokerage of Upstox Max Rs 20 per trade while the brokerage of Paytm Money Max Rs 10 per trade. Both the brokers are Discount Brokers. Upstox is having overall higher rating compare to Paytm Money. Upstox is rated 4.5 out of 5 where Paytm Money is rated only 3 out of 5.
Here we present side-by-side comparison of Upstox 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 Upstox 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 Upstox 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 Upstox 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.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX||BSE, NSE|
|Broker Overview||Upstox is the best broker in India offering free delivery trading and intraday, F&O, commodity, and currency trading at flat Rs. 20/per order brokerage through Pro web and Pro mobile app.||Best broker for free direct mutual fund investment platform through Paytm Money App and Web and also enjoy the benefits of free delivery trading and start intraday and F&O trading at just Rs. 10 per order.|
Comparison of Upstox with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Upstox offer Free account opening where Paytm Money charges Rs. 200 for account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where Upstox charges Rs 300 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Free||Rs. 200|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA (Waived for 1st year)||Free|
|Provide DP Service|
Plans are the most important feature you look when compare Upstox with Paytm Money. This section compare on high level about type of plans offered by brokers. Multiple Plans - Upstox provide Multiple Plans where Paytm Money doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Upstox||Paytm Money|
|Account Opening Request|
Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others
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||Upstox||Paytm Money|
|Plan Name||Max Rs 20 Per Order Trading Plan||Flat Brokerage Plan|
|Equity Intraday||0.05% or Rs 20 whichever is lower||Rs. 10 or 0.05% whichever is lower|
|Equity Futures||Flat Fee Rs 20||Rs. 10 per order|
|Equity Options||Flat Fee Rs 20||Rs. 10 per order|
|Currency Futures||Flat Fee Rs 20||NA|
|Currency Options||Flat Fee Rs 20||NA|
|Commodity Trading||Flat Fee Rs 20||NA|
|Hidden Charges||Info Not Available||No|
|Funding||Info Not Available||Info Not Available|
|Call & Trade Charges||Rs 20 Per Executable Order||Rs 20 Per Executable Order|
|Brokerage Calculator||Brokerage Calculator for Upstox||Brokerage Calculator for Paytm Money|
|SPAN Margin Calculator||SPAN Margin Calculator for Upstox||SPAN Margin Calculator for Paytm Money|
Compare Upstox with Paytm Money on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Upstox||Paytm Money|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 210 Per Cr||NA|
|Equity Options||Rs 5500 Per Cr||NA|
|Currency Futures||Rs 150 Per Cr||NA|
|Currency Options||Rs 6000 Per Cr||NA|
|Commodity||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr||NA|
|Brokerage Charges||Complete Brokerage Plans for upstox||Complete Brokerage Plans for paytm-money|
Compare Upstox with Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where Paytm Money offers only 2-in-1 account which includes trading and demat account. Algo Trading - Upstox 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 Compare||Upstox||Paytm Money|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:10 PM|
With our expert research team, we have compared all the major features of Trading platform b/w Upstox 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||Upstox||Paytm Money|
|Desktop Trading Platform||DartStock/Nest Trader/Fox Trader||Paytm Money|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://pro.upstox.com/||Paytm Money Web|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Upstox||Paytm Money App|
|Mobile Trading App Demo||Upstox Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Upstox Download||Andriod Paytm Money App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Upstox Download||iOS Paytm Money App Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Upstox||Equity Intraday and Delivery Brokerage Calculator for Paytm Money|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Upstox||Futures Brokerage Calculator for Paytm Money|
|Options Brokerage Calculator||Options Brokerage Calculator for Upstox||Options Brokerage Calculator for Paytm Money|
|Detail||Detail on Trading Platforms for upstox||Detail on Trading Platforms for paytm-money|
Compare Upstox 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 - Upstox 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||Upstox||Paytm Money|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NPS and digital gold|
Order Type - Compare Upstox 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 broker doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Upstox||Paytm Money|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Upstox with Paytm Money on Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||Upstox||Paytm Money|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||No, Paytm Money doesn't provide any margin/leverage for delivery/carry forward positions.|
|Equity Intraday Margin||Up to 15x exposure with Basic Plan and 20x exposure with Priority plan||Upto 10x margin for intraday leverage for equity.|
|Futures Margin||Up to 3x leverage for Index and Stocks in Basic Plan, Upto 6x leverage for Index in Priority Plan.||Info Not Available|
|Options Margin||Upto 3x margin for Options shorting with Basic Plan, Upto 6x for Index Options sell with Priority Plan.No leverage for option buying.||Info Not Available|
|Equity CO Margin||Up to 20x exposure with Basic Plan and 27x exposure with Priority plan||Info Not Available|
|Futures CO Margin||Up to 20x leverage for Index, 5x leverage for Stocks in Basic Plan, Upto 28x leverage for Index and 6x for stocks in Priority Plan.||Info Not Available|
|Options CO Margin||Up to 1.33x for option buying with Basic plan and 2x with Priority plan.||Info Not Available|
|Commodity Margin||Up to 2.5x leverage for MCX futures in Basic Plan, Upto 3x leverage for Priority Plan. Up to 3x/4x with Basic/Priority plan with CO.||Info Not Available|
Compare Upstox 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||Upstox||Paytm Money|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||+91 22 6130 9999||0120-4770-440|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Upstox Corporate Office
Senapati Bapat Marg,
Mumbai - 400 013
|Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034|
Compare Upstox with Paytm Money on research reports and tips provided by the broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Upstox with Paytm Money on Demat Service and Charges. This section covers about demat charges, demat service and other details
|DP ID||81800||CDSL: 1208|
|Demat Account Annual Maintenance Charges(AMC)||₹150 pa|
|Transaction Charges on Debit (Per ISIN)||₹13 + ₹5.50 CDSL charges|
|Demat||₹20 + ₹50 courier charges|
|Remat||₹100 for every hundred securities or ₹25 per certificate (whichever is higher)|
|Pledge Creation||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Creation Confirmation||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Closure||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Closure Confirmation||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Invocation||0.05% of the transaction value (Min ₹50)|
|Failed Instruction Charges||₹50|
Compare Upstox with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
|pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Max 24 hrs except bank holidays||Max 24 hrs except bank holidays|
|Bank Supported and Charges||Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.||Paytm Money allows 190+ Banks.|
|Bank Detail||HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
|Info Not Available|
|Special Offers/Promo||100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades.|
|Enquiry||Enquire about Upstox||Enquire about Paytm Money|
Last Updated on 2021-06-30T04:16:57+00:00