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Upstox Vs Paytm Money: Which one is better?

Both the brokers are registered with SEBI. Upstox offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Upstox Max Rs 20 per trade while the brokerage of Paytm Money Max Rs 20 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 out of 5. Number of active customer for Upstox is 25,91,361 where number of active customer for Paytm Money is 7,71,574. Upstox is serving more customer compare to Paytm Money.

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
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX NSE, BSE
Active Clients 25,91,361 7,71,574
Broker Overview Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
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 - Paytm Money offer Free account opening where Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Both broker don't charge any AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare Upstox with Paytm Money
Charges Upstox Paytm Money
Trading Account Opening Fees Promotion offer: Free Free
Trading AMC Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free
Demat AMC Free 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 - Discount brokerage plan - pay a maximum of Rs 20 per order.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

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 2.5% or Rs 20 whichever is lower
Equity Intraday 0.05% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.05% or Rs 20 whichever is lower NA
Currency Options Flat Fee Rs 20 NA
Commodity Trading Flat Fee Rs 20 NA
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Call & Trade Charges Rs 50 + 18% GST Rs 100/order +GST
Auto Square off Charges Rs 50 + 18% GST Rs 50/order + GST
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 NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
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 - Upstox offers a margin funding where Paytm Money doesn't offers margin funding. 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 Yes 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
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 Trading Yes Yes
Mobile Trading App Upstox Paytm Money App
Mobile Trading App Demo Upstox Demo Paytm Money App Demo
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. 30 per month
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 20 Customer Reviews    Rate Paytm Money
Fees Ratings 3.5 1.0
Trading Brokerage Rating 3.8 1.2
Trading Platform Usability 3.7 1.0
Customer Service Ratings 3.5 0.8
Overall Ratings 3.7 0.9
Broker Rating Upstox is Rated 3.7 / 5 based on 12 customer reviews Paytm Money is Rated 0.9 / 5 based on 20 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 No
Commodity Yes No
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes Yes
PMS Service No No
Other Investment Options NIL NIL
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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 No
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 Info Not Available
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/care
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. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Paytm Money is Zero where for Upstox is ₹300 PA.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Upstox is ₹13 + ₹5.50 CDSL charges where for Paytm Money is ₹10 per ISIN.You can see this charges on debit of Equity/Mutual Funds from your demat account.

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 88800
Demat Account Annual Maintenance Charges(AMC) ₹300 PA Zero
Advance Deposit NIL 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 per 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
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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
Likes

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

Detail Review...

Dislikes

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

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
Enquiry Open Upstox Account Now>> Open Paytm Money Account Now>>

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