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Upstox Vs Paytm Money: Which one is better?

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 4 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

  • 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 Upstox vs Paytm Money on Service

  Upstox Compare
Upstox
Paytm Money Compare
Paytm Money
Overall Rating Rated 4.5 stars Rated 4 stars
Brokerage Charges Rated 4.5 stars Rated 4.5 stars
Trading Platform Rated 4.5 stars Rated 3.5 stars
Investments Offering Rated 4 stars Rated 4.5 stars
Customer Service Rated 4.5 stars Rated 3.5 stars
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE
Active Clients 45,51,755 3,18,897
Broker Overview Upstox is the best broker in India offering delivery, intraday, F&O, commodity, and currency trading at Max Rs. 20/per order brokerage through Pro web and Pro mobile app. Note: Equity delivery trading charges are applicable to new customers only... Know more about Upstox Best broker for free direct mutual fund investment, Zero brokerage delivery trading, and Rs. 10 flat brokerages on equity intraday and F&O trading through Paytm Money App and Web.
Broker Enquiry Request call back from Upstox Request call back from Paytm Money
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Account Opening Charges and AMC

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

Comparison of Upstox 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 - Paytm Money offer Free AMC for Demat account where Upstox charges Rs 300 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox with Paytm Money
Charges Upstox Paytm Money
Trading Account Opening Fees Free Free
Trading AMC Free Rs 300 PA
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA (Waived for 1st year) Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Upstox vs Paytm Money on Plan Options

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 - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Upstox Paytm Money
Account Opening Request
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Brokerage Charges

Compare Upstox vs Paytm Money on Brokerage Charges

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 with Paytm Money
Brokerage Charges Compare Upstox Paytm Money
Plan Name Max Rs 20 Per Order Trading Plan Flat Brokerage Plan
Equity Delivery 2.5% or Rs 20 whichever is lower Free
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 or 0.02% whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 10
Currency Futures Flat Fee Rs 20 Rs. 10 or 0.02% whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 10
Commodity Trading Flat Fee Rs 20 NA
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Info Not Available Info Not Available
Call & Trade Charges Rs 20 Per Executable Order Rs 300 per executed order
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Upstox vs Paytm Money on Transaction Charges

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

Transaction Charges - Compare Upstox with Paytm Money
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 Rs 190 Per Cr
Equity Options Rs 5500 Per Cr Rs 5000 Per Cr
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
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Account Features

Compare Upstox vs Paytm Money on Account Features

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

Compare Upstox vs Paytm Money on Trading Platform

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 with Paytm Money
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) Yes No
Desktop Platform (Mac) No Yes
Web Trading Platform Yes Yes
Web Trading Detail https://pro.upstox.com/ Paytm Money Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Upstox Paytm Money App
Mobile Trading App Demo Upstox Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Upstox Download Andriod Paytm Money App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Upstox Download iOS Paytm Money App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Rs. 300/- PA
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

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Broker Ratings by Users

Compare Upstox vs Paytm Money on User Rating

  Upstox Paytm Money
  12 Customer Reviews    Rate Upstox 4 Customer Reviews    Rate Paytm Money
Fees Ratings 3.5 3.8
Trading Brokerage Rating 3.8 4.5
Trading Platform Usability 3.7 3.0
Customer Service Ratings 3.5 3.5
Overall Ratings Rated 3.7 stars Rated 4.0 stars
Broker Rating Upstox is Rated 3.7 / 5 based on 12 customer reviews Paytm Money is Rated 4.0 / 5 based on 4 customer reviews
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Investment Offerings

Compare Upstox vs Paytm Money on Investment Offerings

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 with Paytm Money
Investment Offerings Compare Upstox Paytm Money
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
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 and digital gold
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Order Types

Compare Upstox vs Paytm Money on Order Types

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 Types - Compare Upstox with Paytm Money
Order Type Compare Upstox 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 No No
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Customer Service Offered

Compare Upstox vs Paytm Money on Customer Service

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 Support - Compare Upstox with Paytm Money
Customer Service Compare Upstox Paytm Money
24/7 Customer Service Upstox vs Paytm Money - 24x7 customer support No No
Email Support Upstox vs Paytm Money - Email Support Yes Yes
Onine Live Chat Upstox vs Paytm Money - Onine Live Chat Yes No
Phone Support Upstox vs Paytm Money - Phone Support Yes Yes
Toll Free Number Upstox vs Paytm Money - Toll Free Number No No
Through Branches Upstox vs Paytm Money - Through Branches Yes No
Customer Care Number Upstox vs Paytm Money - Customer Care Number +91 22 6130 9999 0120-4770-440
Account Opening Process Upstox vs Paytm Money - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Upstox vs Paytm Money - Customer Support Email [email protected]  [email protected]
Knowledge Center/Education Upstox vs Paytm Money - Knowledge Center/Education https://upstox.com/help-center/ https://www.paytmmoney.com/blog/?utm_source=Social&utm_medium=Blog&utm_campaign=Launch
Head Office Address Upstox vs Paytm Money - Head Office Address/Corporate Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website Upstox vs Paytm Money - Company Website https://upstox.com/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Upstox vs Paytm Money on Research Reports, Tips

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

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

Compare Upstox vs Paytm Money on Demat Account

Compare Upstox with Paytm Money on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare Upstox with Paytm Money
  Upstox Paytm Money
DP Source CDSL CDSL
DP ID Upstox vs Paytm Money - DP ID 81800 CDSL: 1208
Demat Account Annual Maintenance Charges(AMC) ₹150 pa Nil
Advance Deposit NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹13 + ₹5.50 CDSL charges ₹10 per ISIN
Demat ₹20 + ₹50 courier charges ₹250 per 100 shares
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹250 for 100 shares
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges ₹32 per ISIN
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges ₹32 per ISIN
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Invocation 0.05% of the transaction value (Min ₹50) ₹32 per ISIN
Failed Instruction Charges ₹50 Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Upstox vs Paytm Money on Special Offers and Promotion

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

Compare Upstox vs Paytm Money on Special Offers and Promotion
  Upstox Paytm Money
Pay In and Pay Out Options Upstox vs Paytm Money - 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
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upstox vs Paytm Money - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Upstox vs Paytm Money - 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
Likes

Detail Review...

Detail Review...

Dislikes
  • Call & trade services are not free, charged at Rs. 20 per call.
  • Stock market trading tips and recommendations are not available.
  • Upstox doesn’t offer NRI trading services.
  • 24*7 customer service is unavailable.

Detail Review...

  • A 3-in-1 Account is not available.
  • Platform Charges Rs. 300 per year.
  • High call & trade charges of Rs. 300 per executed order.
  • Paytm Money doesn’t offer commodity and currency trading services.
  • You cannot open an offline account with Paytm Money.
  • It only offers online services, thus, branch support is not available.
  • NRI can’t open an account with Paytm Money.
  • Margin funding and margin against share are not available.
  • Hidden Charges: Digital KYC Charges Rs 200 one time.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs Life Time Free Equity Delivery Trades + ₹0 account opening fee + ₹300 of free brokerage + Free Demat Account with Zero AMC
Enquiry Enquire for Upstox Enquire for Paytm Money

Last Updated on 2022-01-03T23:03:12+00:00


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