Paytm Money launches stock trading, ₹10 charged for intraday trades


Paytm launched the Stock Trading services last week on Monday. The stock trading is available in its beta version of Paytm Money App for a few android users as part of its early access program. The launch is making a news for the competitive charges of trading. The cash delivery trades are free on the app, and only 10 is charged for intraday trades, said a release from the company.

Paytm Money Stock Trading allows a fully digital KYC and 100% paperless account opening process.

The stock trading option will be rolled out in a phased manner. In the early access stage, a limited number of users will be given access every day. Post gauging the user-feedback and market reaction, Paytm will eventually open the access to all in a few weeks.

Currently, only Android & Web users would be able to get early access. iOS users will have to wait for another few weeks. Paytm has also proposed to launch F&O on the app in the near future.

Here are the intraday charges for stock trading services on Paytm Money platform.

Intraday trading charges; Source: Paytm Money

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Intraday trading charges; Source: Paytm Money

Here are the delivery based trading charges on Paytm Money

Delivery-based trading charges; Source: Paytm Money

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Delivery-based trading charges; Source: Paytm Money

Here are the depository charges

Depository charges; Source: Paytm Money

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Depository charges; Source: Paytm Money

Here are some of the features of Paytm Money Stock Trading

  • Competitive Pricing – Zero Brokerage on Delivery Trading with intraday trades as low as 10
  • No need to remember stock tickers. You can search stocks by name
  • Fully digital KYC with a 100% paperless account opening proces
  • Paytm Money App will also allow to do market research, stock trading or long term investing
  • You can set up price alerts for up to 50 stocks. The App will notify you when the price is reached
  • Create multiple watchlists & track real-time price changes of up to 50 stocks in each watchlist
  • SIP Management – Like its peers, Paytm Money also allows to set weekly/monthly buy orders & automate your stock investing
  • Get in-depth financial & historical price data for every listed company
  • Investing & Trading – Do Intraday & Delivery. Explore advanced options like Cover Order & Bracket Order
  • Brokerage Calculator – This feature allows users to discover the transaction charges & exact breakeven price to sell stocks profitably

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