Zerodha vs Paytm Money: A Detailed Comparison 2024
Content:
Zerodha vs Paytm Money: both are SEBI Registered Stock Brokers in India. they are provide Many Different Features to users but think is which is better for you. where Paytm Money offers Equity, F&O and Currency and the Bokerage of Zerodha is Max Rs 20 Per Tradewhile the brokerage of Paytm Money is Max ₹20 per trade.
So, here we go side-by-side full comparison of Zerodha vs Paytm Money which one is better option for us and we compare full details about both stock brokers. the comparison is based on 100+ attributes for clear decision Making.
Zerodha vs Paytm Money: Service
| Zerodha | Paytm Money | |
| Overoll Rating | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐✰ |
| Trading Platform | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐✰ |
| Brokerage Charges | ⭐⭐⭐⭐⭐ | ⭐⭐⭐✰✰ |
| Investment offering | ⭐⭐⭐⭐✰ | ⭐⭐⭐⭐✰ |
| Customer Service | ⭐⭐⭐⭐⭐ | ⭐⭐⭐✰✰ |
| Active Clients | 73,92,840 | 7,97,157 |
| Broker Type | Discount Broker | Discount Broker |
| Exchange Supported | NSE, BSE, MCX | NSE, BSE |
Zerodha vs Paytm Money: Overview
| Details | Zerodha | Paytm Money |
| Type of Broker | Discount Broker | Discount Broker |
| Founded in | 2010 | 2017 |
| users | 15M+ | 10M+ registered users |
| Number of Branches | 75+ | 900+ |
| Downloads on Playstore | 10M+ | 10M+ |
| Exchange Membership | BSE, NSE, MCX and NCDEX | BSE, NSE and SEBI |
| Market Cap | $2 Billion | ₹1,115 crore (FY22) |
| Founders | Nithin Kamath and Nikhil Kamath | Vijay Shekhar Sharma |
| Ratings on Play Store |  4.0 out of 5.0 (Based on 36k votes) | 3.5 out of 5.0 (Based on votes) |
| Website | https://zerodha.com/ | www.paytmmoney.com |
Zerodha vs Paytm Money: Brokerage Charges
| Charges | Zerodha | Paytm Money |
| Account Type | Flat Fee | Flat Fee |
| Equity Delivery | Free | 2.5% of Rs. 20 whichever is lower |
| Equity options | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Equity Intraday | 0.03% of Rs. 20 whichever is lower | 0.05% of Rs. 20 whichever is lower |
| Currency futures | 0.03% of Rs. 20 whichever is lower | N/A |
| Currency options | Flat Fee Rs 20 | N/A |
| Commodity Options | Flat Fee Rs 20 | N/A |
| Funding | Info Not Available | Info Not Available |
| Call & Trade Charges | Rs. 50 per Executable order | Rs. 100/order + GST |
| Auto Square off Charges | Rs. 50 per Executable order | Rs. 50/order + GST |
| Minimum Brokerage | NIL | NIL |
Zerodha vs Paytm Money: Other Brokerage Charges
| Other Charges | Zerodha | Paytm Money |
| Minimum Charges | 0.03% for Intraday and Futures/options (F&O) trades | ₹20 or 0.05% per executed order |
| Call & other Charges | Physical Contract notes: ₹20, trade SMS alerts: ₹1 per SMS, platform Using fees: Rs 30 per Month | None |
| Other Charges | ₹50 per order | ₹ 100 |
Zerodha vs Paytm Money: Transaction Charges
| Transaction Charges Compare | Zerodha | Paytm Money |
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | Rs 200 per Cr (0.002%) |
| Equity Options | NSE Rs 6250 per Cr (0.0625%) (on premium) | Rs 5,300 per Cr (0.053%) on premium |
| Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 25 per Cr (0.00025%) |
| Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) |
| Commodity | Rs 260 per Cr (0.0026%) | NA |
Zerodha vs Paytm Money: Features
| Account Feature Compare | Zerodha | Paytm Money |
| 3 in 1 Account |  | |
| Online Demo |  | |
| SMS Alerts | | |
| Online Portfolio | | |
| Margin Trading Funding Available | | |
| Combined Ledger for Equity and Commodity | | |
| Charting | | |
| Intraday Square-off time | 3:20 PM | 3:10 PM |
| NRI trading | | |
| other Features | NIL | NIL |
| Algo Trading | | |
Zerodha vs Paytm Money: Investment Offerings
| Investment offering Compare | Zerodha | Paytm Money |
| Equity Cash and F&O | | |
| Comodity | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Forex | | |
| MF SIP Investment | | |
| Equity SIP | | |
| Insurance | | |
| ETF | | |
| Online IPO Applicaton | | |
| PMS Service | | |
| Banking | | |
| Other Investment Plans | NIL | NIL |
| Currency Deravitives | | |
Zerodha vs Paytm Money: Charges
| Charges | Zerodha | Paytm Money |
| Trading Account opening Charges | ₹200 | ₹200 |
| Trading Account AMC Charges | Free | ₹300(Annual Platform Fees) |
| Demat Account Opening Charges | Free | Free |
| Demat Account AMC Charges | ₹300 | Free |
Zerodha vs Paytm Money: Order Types
| Order Type Compare | Zerodha | Paytm Money |
| CNC Order | | |
| MIS order | | |
| NRML order | | |
| Cover order | | |
| AMO-After Market Orders | | |
| Bracket Order | | |
| GTC-Good Till Cancelled | | |
Zerodha vs Paytm Money: Customer Support
| Customer Service Compare | Zerodha | Paytm Money |
| 24/7 Customer Service | | |
| Email Support | | |
| Online Live Chat | | |
| Phone Support | | |
| Toll Free Number | | |
| Through Branches | | |
| Customer Care number | “+ 91 80 4040 2020” | Info Not Available |
| Account Opening | Online/Paperless | Online/Paperless |
| Customer Support Email | support@zerodha.com | support@paytmmoney.com |
| Head Office Address | Zerodha Headquater 153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore – 560078 | Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru – 560034 |
| Website | https://zerodha.com/ | https://www.paytmmoney.com/ |
Zerodha vs Paytm Money: Pros
| Zerodha Pros | Paytm Money Pros |
| Free Account opening for people under 25 | Simple and easy trading platforms |
| Safe, Reliable and most Technologically Advance Broker in India | Zero Maintenance Charges |
| Excellent trading platforms (Kite) available for free. | Low brokerage fees |
| Direct Mutual Fund Investment is Available | Inhouse Brokerage Calculator |
| NRI Trading Account is Available | Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF |
| Free Equity delivery trades No Brokerage Charges for Cash & Delivery | Free Mutual Fund investments with no hidden charges. |
| India’s best Broker in terms of the Number of Active Clients and Exchange Volume. | Direct MF platform that helps you earn an extra 1% returns. |
| Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. | Instant digital account opening. |
| Flat Rs 20 per trade brokerage for all other segments. | Online IPO application services. |
Zerodha vs Paytm Money: Cons
| Zerodha Cons | Paytm Money Cons |
| it does not provide stocks tips, research, and recommendations. | No Margin against shares. |
| it does not offer an AMC free Demat account. | Commodity and Currency trading not available. |
| It Does not offer offer 3-in-1 Account. | Trading platforms use fee: Rs 30 per month. |
| No margin funding. | Branch support not available. |
| it does not offer Monthly unlimited trading Plans. | |
| Auto Square-off is changed an extra ₹50 per order. | |
| Call & Trade is charged an extra ₹50 per order. |
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