{"id":13929,"date":"2023-04-25T17:20:36","date_gmt":"2023-04-25T11:50:36","guid":{"rendered":"https:\/\/localhost:4433\/wordpress\/?p=13929"},"modified":"2024-01-03T17:58:13","modified_gmt":"2024-01-03T12:28:13","slug":"paytm-money-review-demat-brokerage-trading-pros-cons","status":"publish","type":"post","link":"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/","title":{"rendered":"Paytm Money App Review 2024 Demat, Brokerage, Trading Platforms, Pros &#038; Cons, Stock Trading"},"content":{"rendered":"\n<p><strong>Paytm Money<\/strong> is an \ud83c\udf10 online stock and mutual fund broker <strong>owned by One 97 Communications Ltd. <\/strong>\ud83d\udcbc It was initially launched as a \ud83d\udcb0 <strong>commission-free mutual fund investment<\/strong> platform and later expanded to include stocks and derivative trading at a flat brokerage fee. \ud83d\udcb9 The<strong> Brokerage Charges are Rs. 15\/order<\/strong> on equity intraday, delivery, and equity derivatives trading. \ud83d\udcb8 Paytm Money offers its customers the convenience of opening a<strong> Demat &amp; Trading Account fully digitally<\/strong> and starting online trading at the lowest flat brokerage fee. \ud83d\udcbb<\/p>\n\n\n\n<p>In this detailed <strong>Paytm Money Review <\/strong>\ud83d\udcdd We will review its Demat Account, Brokerage Charges, Trading Platforms, Pros &amp; Cons, Stock Trading \ud83d\udcc8, Customer ratings \ud83c\udf1f &amp; More.<\/p>\n\n\n\n<p>In addition to stocks and mutual funds, Paytm Money also allows customers to<strong> invest in IPOs<\/strong> \ud83d\udcc8, digital gold \ud83d\udcb0, and <strong>NPS retirement schemes.<\/strong> Paytm Money is a SEBI registered investment advisor that provides mutual fund advisory services via mutual fund investment packs. \ud83d\udcca However, the broker does not provide intraday trading tips and recommendations.<\/p>\n\n\n\n<p>Customers can trade via <strong>Paytm Money&#8217;s mobile app<\/strong> \ud83d\udcf1 and web trading platform \ud83d\udcbb. The platform is intuitive, easy-to-use, and fast \u26a1, meeting the requirements of both investors and traders. \ud83d\udcaa<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\r\n<div class=\"ez-toc-title-container\">\r\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\r\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\r\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#Overview_of_Paytm_Money\" title=\"Overview of Paytm Money\">Overview of Paytm Money<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#Paytm_Money_Account_Opening_and_AMC_Charges_in_2024\" title=\"Paytm Money Account Opening and AMC Charges in 2024\">Paytm Money Account Opening and AMC Charges in 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#Paytm_Money_Brokerage_Charges_Explained\" title=\"Paytm Money Brokerage Charges Explained\">Paytm Money Brokerage Charges Explained<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#Paytm_Money_Trading_Platforms\" title=\"Paytm Money Trading Platforms \">Paytm Money Trading Platforms <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#Paytm_Money_Web_Trading_Platform_%F0%9F%92%BB\" title=\"Paytm Money Web Trading Platform \ud83d\udcbb\">Paytm Money Web Trading Platform \ud83d\udcbb<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#Paytm_Money_Mobile_Application_%F0%9F%93%B1\" title=\"Paytm Money Mobile Application \ud83d\udcf1\">Paytm Money Mobile Application \ud83d\udcf1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#Paytm_Money_Pros_Cons_Advantages_Disadvantages\" title=\"Paytm Money Pros &amp; Cons (Advantages &amp; Disadvantages)\">Paytm Money Pros &amp; Cons (Advantages &amp; Disadvantages)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#Customer_Reviews_and_Ratings_of_Paytm_Money\" title=\"Customer Reviews and Ratings of Paytm Money\">Customer Reviews and Ratings of Paytm Money<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#Paytm_Money_Registrations_Licenses_Address_contact_Details\" title=\"Paytm Money Registrations,  Licenses, Address &amp; contact Details\">Paytm Money Registrations,  Licenses, Address &amp; contact Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#How_to_Open_Paytm_Money_Demat_Account_Online\" title=\"How to Open Paytm Money Demat Account Online ?\">How to Open Paytm Money Demat Account Online ?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#Final_thoughts_on_Paytm_Money_Review_2024\" title=\"Final thoughts on Paytm Money Review 2024\">Final thoughts on Paytm Money Review 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#Read_Expert_Reviews_on_Other_Stock_Brokers\" title=\"Read Expert Reviews on Other Stock Brokers\">Read Expert Reviews on Other Stock Brokers<\/a><\/li><\/ul><\/nav><\/div>\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Overview_of_Paytm_Money\"><\/span>Overview of Paytm Money<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\ud83c\udfe2 <strong>Company Name<\/strong><\/td><td>\ud83d\udcb0 Paytm Money Limited<\/td><\/tr><tr><td>\ud83d\udc68\u200d\ud83d\udcbc <strong>Parent Company<\/strong><\/td><td>\ud83d\udcbc One97 Communications Ltd<\/td><\/tr><tr><td>\ud83d\udcc5 <strong>Year of Incorporation<\/strong><\/td><td>\ud83d\udcc6 2017<\/td><\/tr><tr><td>\ud83d\udccd <strong>Headquarters<\/strong><\/td><td>\ud83c\uddee\ud83c\uddf3 Bengaluru, India<\/td><\/tr><tr><td>\ud83d\udc64 <strong>CEO<\/strong><\/td><td>\ud83d\udcbc Varun Sridhar<\/td><\/tr><tr><td>\ud83d\udcbc <strong>Type of Company<\/strong><\/td><td>\ud83d\udcb5 Discount broker and Investment Advisor<\/td><\/tr><tr><td>\ud83d\udcbb <strong>Trading Platform<\/strong><\/td><td>\ud83d\udcf1\ud83d\udcbb Paytm Money (web and mobile app)<\/td><\/tr><tr><td>\ud83c\udfe6 <strong>Membership<\/strong><\/td><td>\ud83d\udcc8 SEBI registered stockbroker, Investment Advisor, CDSL depository participant, and member of NSE and BSE<\/td><\/tr><tr><td>\ud83d\udcbc <strong>Services<\/strong><\/td><td>\ud83d\udcc8 Equity trading, Mutual Fund services, IPO investment, ETF&#8217;s, digital gold, and F&amp;O trading services<\/td><\/tr><tr><td>\ud83d\udcb8 <strong>Brokerage Charges<\/strong><\/td><td>\ud83d\udcb0 Rs. 15\/order on equity intraday, delivery, and equity deri<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Paytm_Money_Account_Opening_and_AMC_Charges_in_2024\"><\/span>Paytm Money Account Opening and AMC Charges in 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Paytm Money offers a Completely <strong>Digital and Free Account Opening <\/strong>process with Zero fees. Moreover, there are no AMC charges involved. However, a monthly fee of <strong>Rs. 30 is levied for the Trading Platforms<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>\ud83d\udcb0 Fees and Charges<\/th><th>\ud83d\udcbc Details<\/th><\/tr><\/thead><tbody><tr><td><strong>\ud83d\udcb3 Account Opening Fees<\/strong><\/td><td>\ud83d\udeab ( \u20b90 )<\/td><\/tr><tr><td><strong>\ud83d\udcb0 AMC Charges<\/strong><\/td><td>\ud83d\udeab ( \u20b90 )<\/td><\/tr><tr><td><strong>\ud83d\udcbb Trading Platform Fees<\/strong><\/td><td>\ud83d\udcb0 \u20b9 30 Per Month<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Paytm_Money_Brokerage_Charges_Explained\"><\/span>Paytm Money Brokerage Charges Explained<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Paytm Money &#8211; Equity Delivery &amp; Intraday Brokerage Charges<\/strong><\/h3>\n\n\n\n<ul>\n<li><strong>Delivery trades:<\/strong>&nbsp;Paytm Money charges \u20b9 15 \/ Executed Order Or 2.5% (Whichever Is Lower)<\/li>\n\n\n\n<li><strong>Intraday trades:&nbsp;<\/strong>Paytm Money charges either 0.05% or Rs. 15 (whichever is lower) per executed order for intraday trades.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><strong>Charges<\/strong><\/th><th><strong>Equity Delivery<\/strong><\/th><th><strong>Equity Intraday<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>Brokerage <\/strong><\/td><td>\u20b9 15 \/ Executed Order Or 2.5% (Whichever Is Lower)<\/td><td>\u20b9 15 \/ Executed Order Or 0.05% (Whichever Is Lower)<\/td><\/tr><tr><td><strong>STT<\/strong><\/td><td>0.1% ON BOTH Buy &amp; Sell<\/td><td>0.025% On the Sell-side<\/td><\/tr><tr><td><strong>Transaction \/ Turnover charges<\/strong><\/td><td>NSE : 0.00345% | BSE 0.00375%<\/td><td>NSE : 0.00345% | BSE 0.00375%<\/td><\/tr><tr><td><strong>SEBI Charges<\/strong><\/td><td>0.0001% or 10 Rs\/Crore<\/td><td>0.0001% or 10 Rs\/Crore<\/td><\/tr><tr><td><strong>GST<\/strong><\/td><td>18% on (Brokerage + Transaction Charges + DP + SEBI Charges)<\/td><td>18% on (Brokerage + Transaction Charges + SEBI Charges)<\/td><\/tr><tr><td><strong>Stamp Duty<\/strong><\/td><td>0.015% Of Turnover Value (Buyer)<\/td><td>0.003% Of Turnover Value (Buyer)<\/td><\/tr><tr><td><strong>DP Charges<\/strong><\/td><td>\u20b9 13.5 \/ Scrip Only On Sell<\/td><td>No Charges<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Paytm Money &#8211; Futures &amp; Options Brokerage Charges<\/strong><\/h3>\n\n\n\n<ul>\n<li><strong>Equity futures:<\/strong>&nbsp; Paytm Money charges 0.03% or Rs. 20 (whichever is lower) per executed order for equity futures trading.<\/li>\n\n\n\n<li><strong>Equity options:<\/strong> Paytm Money charges Rs. 20 per order for equity options trading.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th scope=\"col\"><strong>Charges<\/strong><\/th><th scope=\"col\"><strong>Equity Future<\/strong><\/th><th scope=\"col\"><strong>Equity Options<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>Brokerage<\/strong><\/td><td>\u20b9 15 Per Executed Order Or 0.02% (Whichever Is Lower)<\/td><td>Flat \u20b9 20 Per Executed Order<\/td><\/tr><tr><td><strong>STT<\/strong><\/td><td><br>0.01% on the Sell-side<\/td><td>0.0625% on the Sell-side (ON PREMIUM)<\/td><\/tr><tr><td><strong>Transaction \/ Turnover charges<\/strong><\/td><td>NSE : 0.002% On Total Turnover Value<\/td><td>NSE : 0.05% on Premium<\/td><\/tr><tr><td><strong>SEBI Charges<\/strong><\/td><td>Rs 10 \/Crore or <br>0.0001% <\/td><td>Rs 10\/Crore<\/td><\/tr><tr><td><strong>GST<\/strong><\/td><td>18% on (Brokerage + Transaction Charges + SEBI Charges)<\/td><td>18% on (Brokerage + Transaction Charges + SEBI Charges)<\/td><\/tr><tr><td><strong>Stamp Duty<\/strong><\/td><td>0.002% Of Turnover Value <\/td><td>0.003% On Premium <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Paytm_Money_Trading_Platforms\"><\/span>Paytm Money Trading Platforms <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Paytm Money Provides two trading platforms<\/strong><em> <\/em>\ud83d\udcc8, the &#8220;Paytm Money App&#8221; \ud83d\udcf1 and the &#8220;Paytm Money Web&#8221; \ud83d\udcbb, for investors and traders to trade in<strong> equity, F&amp;O, mutual funds, IPOs, digital gold, and ETFs.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Paytm_Money_Web_Trading_Platform_%F0%9F%92%BB\"><\/span>Paytm Money Web Trading Platform \ud83d\udcbb<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"700\" height=\"280\" src=\"https:\/\/localhost:4433\/wordpress\/wp-content\/uploads\/2023\/04\/Paytm-Money-Web-Trading.webp\" alt=\"Paytm Money Web Trading\" class=\"wp-image-13941\" style=\"width:700px;height:280px\" title=\"\" srcset=\"https:\/\/localhost:4433\/wordpress\/wp-content\/uploads\/2023\/04\/Paytm-Money-Web-Trading.webp 700w, https:\/\/localhost:4433\/wordpress\/wp-content\/uploads\/2023\/04\/Paytm-Money-Web-Trading-300x120.webp 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure><\/div>\n\n\n<p>Both investors and traders&#8217; demands are taken into consideration when designing the Paytm Money Web trading platform. It provides<strong> straightforward SIPs for mutual fund or equities investments<\/strong>, sophisticated technical tools for<strong> defining price entry and exit points, the Good Till Triggered function <\/strong>for investing in stocks without monitoring, and convenience of <strong>displaying portfolio holdings<\/strong> and total profit and loss.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Paytm_Money_Mobile_Application_%F0%9F%93%B1\"><\/span>Paytm Money Mobile Application \ud83d\udcf1<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Paytm Money App <strong>offers convenient trade and investing opportunities<\/strong> with a distinctive user experience, real-time market information, regular <strong>alerts on stock prices and SIPs, and more.<\/strong> It features a user-friendly yet technologically advanced interface,<strong> price alert features<\/strong> to enable timely trading, live market depth for informed <strong>decision-making, advanced charting tools <\/strong>\ud83d\udcca and other technical indicators for a better understanding of market trends and patterns, <strong>and a customizable watchlist <\/strong>\ud83d\udccb for tracking particular securities.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"1024\" height=\"500\" src=\"https:\/\/localhost:4433\/wordpress\/wp-content\/uploads\/2023\/04\/Paytm-Money-App.webp\" alt=\"Paytm  Money App\" class=\"wp-image-13942\" style=\"width:649px;height:316px\" title=\"\" srcset=\"https:\/\/localhost:4433\/wordpress\/wp-content\/uploads\/2023\/04\/Paytm-Money-App.webp 1024w, https:\/\/localhost:4433\/wordpress\/wp-content\/uploads\/2023\/04\/Paytm-Money-App-300x146.webp 300w, https:\/\/localhost:4433\/wordpress\/wp-content\/uploads\/2023\/04\/Paytm-Money-App-768x375.webp 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<ul>\n<li><strong>Paytm Money App: <\/strong>10 million+ downloads \ud83d\udcc8.<\/li>\n\n\n\n<li><strong>170K Paytm Money App reviews <\/strong>\ud83d\udcdd.<\/li>\n\n\n\n<li>Paytm Money <strong>App Ratings 3.9  \u2b50\ufe0f<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Additionally, Paytm Money provides a single app for trading or investing in stocks, direct mutual funds, futures, options<strong>, initial public offerings, and NPS.<\/strong> The software enables users to establish customized watchlists with up to<strong> 50 stocks each,<\/strong> open a Demat account, complete the KYC online, track live market data, extensive company information, <strong>advanced charting \ud83d\udcca, stock SIP, and obtain real-time P&amp;L reports. <\/strong>With two-factor authentication \ud83d\udd12, fingerprint &amp; pin protection \ud83d\udd10, and bank-grade security, it is also completely <strong>safe and secure.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Trading Platform Features<\/th><th>Paytm Money App<\/th><\/tr><\/thead><tbody><tr><td><strong>User Experience<\/strong><\/td><td>Distinctive<\/td><\/tr><tr><td><strong>Real-time Market Information<\/strong><\/td><td>Yes<\/td><\/tr><tr><td><strong>Regular Alerts on Stock Prices and SIPs<\/strong><\/td><td>Yes<\/td><\/tr><tr><td><strong>User-friendly Interface<\/strong><\/td><td>Yes<\/td><\/tr><tr><td><strong>Technologically Advanced Interface<\/strong><\/td><td>Yes<\/td><\/tr><tr><td><strong>Price Alert Features<\/strong><\/td><td>Yes<\/td><\/tr><tr><td><strong>Live Market Depth<\/strong><\/td><td>Yes<\/td><\/tr><tr><td><strong>Advanced Charting Tools<\/strong><\/td><td>Yes<\/td><\/tr><tr><td><strong>Technical Indicators<\/strong><\/td><td>Yes<\/td><\/tr><tr><td><strong>Customizable Watchlist<\/strong><\/td><td>Yes<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Paytm_Money_Pros_Cons_Advantages_Disadvantages\"><\/span>Paytm Money Pros &amp; Cons (Advantages &amp; Disadvantages)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div style=\"border-color:#28b914;background-color:#f9f9f9;border-style:None;border-width:2px\" class=\"wp-block-mightythemes-block-prosandcons wp-pros-cons wppc-view1\"><div class=\"wppc-boxs\"><div class=\"wppc-box pros-content\"><div class=\"wppc-header\"><div class=\"wppc-box-symbol\"><img decoding=\"async\" style=\"width:30px\" src=\"https:\/\/localhost:4433\/wordpress\/wp-content\/plugins\/mighty-pros-cons\/assets\/icons\/thumbs-up-regular.svg\" alt=\"\" title=\"\"><\/div><h4 class=\"wppc-content-title pros-title\">Pros<\/h4><\/div><ul class=\"wp-pros-cons-list wp-pros-list\"><li>Free Demat Account With no account opening charges or annual maintenance fees<\/li><li>Low brokerage charges of Rs. 15 per trade<\/li><li>User-friendly trading platforms with advanced features<\/li><li>Wide range of investment options, including stocks, mutual funds, ETFs, IPOs, and NPS<\/li><li>Seamless integration with Paytm Payments Bank account<\/li><\/ul><\/div><div class=\"wppc-box cons-content\"><div class=\"wppc-header\"><div class=\"wppc-box-symbol\"><img decoding=\"async\" style=\"width:30px\" src=\"https:\/\/localhost:4433\/wordpress\/wp-content\/plugins\/mighty-pros-cons\/assets\/icons\/thumbs-down-regular.svg\" alt=\"\" title=\"\"><\/div><h4 class=\"wppc-content-title cons-title\">Cons<\/h4><\/div><ul class=\"wp-pros-cons-list wp-cons-list\"><li>No facility to invest in international stocks<\/li><li>No margin trading facility<\/li><li>Monthly Platform fees of Rs.30 <\/li><li>Call &amp; Trade Charges are very high Rs.100 per executed order<\/li><\/ul><\/div><\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Customer_Reviews_and_Ratings_of_Paytm_Money\"><\/span>Customer Reviews and Ratings of Paytm Money<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table aligncenter\"><table><thead><tr><th>Aspect<\/th><th>Rating (out of 10)<\/th><\/tr><\/thead><tbody><tr><td>User Experience<\/td><td>8.5<\/td><\/tr><tr><td>Trading Platform<\/td><td>9.0<\/td><\/tr><tr><td>Product &amp; Services<\/td><td>9.2<\/td><\/tr><tr><td>Brokerage Charges<\/td><td>9.3<\/td><\/tr><tr><td>Research<\/td><td>7.5<\/td><\/tr><tr><td><strong>Overall Rating<\/strong><\/td><td><strong>8.7<\/strong><\/td><\/tr><tr><td><strong>Star Rating<\/strong><\/td><td><strong>\u2605\u2605\u2605\u2605\u2606<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Paytm_Money_Registrations_Licenses_Address_contact_Details\"><\/span>Paytm Money Registrations,  Licenses, Address &amp; contact Details<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Company Name<\/strong><\/td><td>Paytm Money Limited<\/td><\/tr><tr><td><strong>Corporate Identification Number<\/strong><\/td><td>U72900DL2017PLC323936<\/td><\/tr><tr><td><strong>SEBI Registration<\/strong><\/td><td>Non-Individual Investment Advisor (INA100009859)<\/td><\/tr><tr><td><strong>PFRDA Registration<\/strong><\/td><td>NPS ePOP (269042019)<\/td><\/tr><tr><td><strong>SEBI Registration Number (Broking)<\/strong><\/td><td>INZ000240532<\/td><\/tr><tr><td><strong>SEBI Registration Number (Depository)<\/strong><\/td><td>IN-DP-416-2019<\/td><\/tr><tr><td><strong>Depository Participant Number (CDSL)<\/strong><\/td><td>12088800<\/td><\/tr><tr><td><strong>Trading and Clearing Member of<\/strong><\/td><td>NSE (90165,M52073) and BSE (6707)<\/td><\/tr><tr><td><strong> Head Office Address<\/strong><\/td><td>The Hub, 8\/2, Sarjapur Main Road, Ambulipura Village, Varthur Hobli, Bengaluru &#8211; 560103<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Open_Paytm_Money_Demat_Account_Online\"><\/span>How to Open Paytm Money Demat Account Online ?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Here are the steps to open a Paytm Money Demat Account online:<\/p>\n\n\n\n<ol>\n<li>Download the <strong>&#8220;Paytm Money App&#8221; <\/strong>on your mobile device.<\/li>\n\n\n\n<li>Click on the <strong><a href=\"https:\/\/www.paytmmoney.com\/open-demat-trading-account\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">&#8220;Open Demat Account<\/a>&#8221; <\/strong>option in the app.<\/li>\n\n\n\n<li>Enter your<strong> mobile number <\/strong>and verify it with the OTP sent to your mobile number.<\/li>\n\n\n\n<li>Complete the stock market <strong>KYC process<\/strong> digitally by providing your personal details such as name, address, and income details.<\/li>\n\n\n\n<li>Add your<strong> PAN card number <\/strong>and date of birth as per PAN.<\/li>\n\n\n\n<li>Submit an<strong> address proof <\/strong>such as Aadhaar card, passport, driving license, or Voter ID.<\/li>\n\n\n\n<li>Add your <strong>bank account details,<\/strong> including your account number and IFSC code.<\/li>\n\n\n\n<li>Proceed to <strong>&#8220;E-sign now&#8221;<\/strong> to sign the account opening form digitally by entering your Aadhaar card number.<\/li>\n<\/ol>\n\n\n\n<p>Once the KYC process is done and your<strong> details are verified by the KYC team<\/strong>, your Demat &amp; Trading account will be activated, and you can start trading and investing in stocks and derivatives.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Final_thoughts_on_Paytm_Money_Review_2024\"><\/span>Final thoughts on Paytm Money Review 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Both \ud83c\udf31 beginners<\/strong> and \ud83d\udc68\u200d\ud83d\udcbc expert traders who are seeking for a reliable and user-friendly trading platform with affordable brokerage fees <strong>should check out Paytm Money<\/strong>. Investors who want to invest in \ud83d\udcb0 mutual funds, \ud83d\udcc8 equities, and \ud83d\udcca ETFs, Paytm Money is a great choice because it provides a large selection of investment options with \ud83d\udd1d<strong> lowest Brokerage charges.<\/strong><\/p>\n\n\n\n<p>Investors who want to <strong>manage their Investments<\/strong> on their \ud83d\udcf1 mobile devices, Paytm Money is an <strong>excellent choice.<\/strong> It is simple to trade stocks and manage investments while on the go thanks to the mobile application&#8217;s straightforward interface, \ud83d\ude4c <strong>user-friendly design, and advanced capabilities.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Swift. Seamless. Simplified - Paytm Money 2.0\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/6TuVIMUECug?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1682421032081\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is Paytm Money?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Paytm Money is an Indian financial services company that provides digital investment and trading platforms for users to invest in mutual funds, stocks, derivatives, IPOs, and other financial products.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682421040812\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What are the trading platforms provided by Paytm Money?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Paytm Money offers two trading platforms &#8211; Paytm Money App and Paytm Money Web, which allow users to trade in equity, F&amp;O, mutual funds, IPOs, digital gold, and ETFs.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682421058252\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What kind of investment options are available on Paytm Money? <\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Paytm Money offers a variety of investment options, including mutual funds, stocks, derivatives, IPOs, and NPS. Users can also invest in digital gold and ETFs.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682421067088\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Is Paytm Money a safe platform for trading and investing? <\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, Paytm Money is a safe and secure platform for trading and investing. It offers bank-grade security, two-factor authentication, and fingerprint &amp; pin protection to ensure the safety of user&#8217;s investments.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682421082252\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is the minimum investment amount required to start investing in mutual funds on Paytm Money? <\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The minimum investment amount required to start investing in mutual funds on Paytm Money is Rs. 100.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682421096263\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Can I open a Demat account on Paytm Money? <\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, users can open a Demat account on Paytm Money. The process is completely online, and users need to complete the KYC process and submit necessary documents to open a Demat account.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682421104340\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Does Paytm Money charge any brokerage fees for trading in stocks? <\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, Paytm Money charges a Maximum brokerage fee of Rs. 15 for every trade, irrespective of the trade value.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682421127520\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What kind of technical analysis tools are available on Paytm Money?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Paytm Money offers advanced technical analysis tools such as live market depth, advanced charting tools, and other technical indicators to help users make informed investment decisions.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682421154867\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Can I track my investment portfolio on Paytm Money?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, users can easily track their investment portfolio on Paytm Money through the app or website. The platform provides a detailed view of holdings, profit and loss, and other important metrics.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682421181593\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How can I add funds to my Paytm Money account?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can add funds to your Paytm Money account by linking your bank account and transferring funds through net banking or UPI.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Read_Expert_Reviews_on_Other_Stock_Brokers\"><\/span>Read Expert Reviews on Other Stock Brokers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Stock Broker<\/th><th>Review<\/th><\/tr><\/thead><tbody><tr><td><strong>Upstox<\/strong><\/td><td><a href=\"https:\/\/dematopen.com\/upstox-review-2023-demat-account-brokerage-charges\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read&nbsp;<\/a><a href=\"https:\/\/dematopen.com\/upstox-review-2024-demat-account-brokerage-charges\/\" target=\"_blank\" rel=\"noreferrer noopener\">Review<\/a><\/td><\/tr><tr><td><strong>Groww<\/strong><\/td><td><a href=\"https:\/\/dematopen.com\/groww-review-demat-account-brokerage-pros-cons\/\" target=\"_blank\" rel=\"noopener\">Read Review<\/a><\/td><\/tr><tr><td><strong>Angel One<\/strong><\/td><td><a href=\"https:\/\/dematopen.com\/angel-one-review-2023-brokerage-charges\/\" target=\"_blank\" rel=\"noopener\">Read Review<\/a><\/td><\/tr><tr><td><strong>Fyers<\/strong><\/td><td><a href=\"https:\/\/dematopen.com\/fyers-review-analysis-of-demat-account-brokerage\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read Review<\/a><\/td><\/tr><tr><td><strong>Upstox<\/strong><\/td><td><a href=\"https:\/\/dematopen.com\/upstox-review-2024-demat-account-brokerage-charges\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read Review<\/a><\/td><\/tr><tr><td><strong>Paytm Money<\/strong><\/td><td><a href=\"https:\/\/dematopen.com\/paytm-money-review-demat-brokerage-trading-pros-cons\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read Review<\/a><\/td><\/tr><tr><td><strong>Zerodha<\/strong><\/td><td><a href=\"https:\/\/dematopen.com\/zerodha-review-2024-demat-account-brokerage-charges\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read Review<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-small-font-size\"><em><strong>Disclaimer: <\/strong>The information in this article is only meant to be educational and informative. It should not be taken as financial advice. Investing in the stock market comes with risks. Before making any investment decisions, readers should carefully think about their own investment goals and how much risk they are willing to take. Before making any investment decisions, the reader should talk to a qualified financial advisor.<\/em><\/p>\n\n\n\n<style> \n\nh3{background-color:#e1edff;padding:10px 20px;border-radius:10px;display:inline-block}\nh2{background-color:#f9c74f;padding:10px 20px;border-radius:10px;display:inline-block}\nh5{background-color:#e1edff;padding:10px 20px;border-radius:10px;display:inline-block}\n\nol li:not(:last-child) {\n  margin-bottom: 15px; \n}\n\n<\/style>\n\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-left kksr-valign-bottom\"\n    data-payload='{&quot;align&quot;:&quot;left&quot;,&quot;id&quot;:&quot;13929&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;6&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;4.8&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;4&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;4.8\\\/5 - (6 votes)&quot;,&quot;size&quot;:&quot;22&quot;,&quot;title&quot;:&quot;Paytm Money App Review 2024 Demat, Brokerage, Trading Platforms, Pros &amp; Cons, Stock Trading&quot;,&quot;width&quot;:&quot;122.8&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}'>\n            \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 122.8px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 17.6px;\">\n            4.8\/5 - (6 votes)    <\/div>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Paytm Money is an \ud83c\udf10 online stock and mutual fund broker owned by One 97 Communications Ltd. \ud83d\udcbc It was &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Paytm Money App Review 2024 Demat, Brokerage, Trading Platforms, Pros &#038; Cons, Stock Trading\" class=\"read-more button\" href=\"https:\/\/localhost:4433\/wordpress\/paytm-money-review-demat-brokerage-trading-pros-cons\/#more-13929\" aria-label=\"More on Paytm Money App Review 2024 Demat, Brokerage, Trading Platforms, Pros &#038; Cons, Stock Trading\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":13943,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[392,404,391],"tags":[428],"table_tags":[],"_links":{"self":[{"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/posts\/13929"}],"collection":[{"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/comments?post=13929"}],"version-history":[{"count":1,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/posts\/13929\/revisions"}],"predecessor-version":[{"id":14669,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/posts\/13929\/revisions\/14669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/media\/13943"}],"wp:attachment":[{"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/media?parent=13929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/categories?post=13929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/tags?post=13929"},{"taxonomy":"table_tags","embeddable":true,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/table_tags?post=13929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}