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Upstox vs Paytm Money

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Table of Contents

Upstox vs Paytm Money: Plan Options
Upstox vs Paytm Money: Brokerage Charges Comparison
Upstox vs Paytm Money: Transaction Charges Comparison
Upstox vs Paytm Money: Account Features
Upstox vs Paytm Money: Trading Platform
Upstox vs Paytm Money: User Ratings
Upstox vs Paytm Money: Demat Account Features Comparison
Upstox vs Paytm Money: Investment Offerings Comparison
Upstox vs Paytm Money: Order Types Comparison
Upstox vs Paytm Money: Customer Service Comparison
Note
Conclusion

Upstox and Paytm Money are two popular online brokerage platforms that offer trading and investment services in India. While both platforms cater to investors and traders, there are some key differences between them. Know the features, charges, and services of each platform, which is crucial for making informed decisions in your investment journey.

Click here to open an account on Upstox.

Woman checking Upstox vs Paytm Money Comparison Data

Upstox vs Paytm Money: Plan Options

Neither Upstox nor Paytm Money offers multiple plans, monthly plans, or yearly plans. This means that both brokers have a single plan option available to their users.

Upstox vs Paytm Money: Brokerage Charges Comparison

Here is a comparison of the brokerage charges between Upstox and Paytm Money on various aspects:

Plan Name:

  • Upstox: Max Rs 20 Per Order Trading Plan
  • Paytm Money: Flat Brokerage Plan

Equity Delivery:

Upstox: 2.5% or Rs 20, whichever is lower

Paytm Money: 2.5% or Rs 15, whichever is lower

Equity Intraday:

Upstox: 0.05% or Rs 20, whichever is lower

Paytm Money: 0.05% or Rs 15, whichever is lower

Equity Futures:

Upstox: 0.05% or Rs 20, whichever is lower

Paytm Money: 0.02% or Rs 15, whichever is lower

Equity Options:

Upstox: Flat Fee Rs 20

Paytm Money: Flat Fee Rs 15 per order

Currency Futures:

Upstox: 0.05% or Rs 20, whichever is lower

Paytm Money: NA (Not Available)

Currency Options:

Upstox: Flat Fee Rs 20

Paytm Money: NA (Not Available)

Commodity Trading:

Upstox: Flat Fee Rs 20

Paytm Money: NA (Not Available)

Minimum Brokerage:

Upstox: NIL (No minimum brokerage)

Paytm Money: NIL (No minimum brokerage)

Hidden Charges:

Upstox: Information Not Available

Paytm Money: No hidden charges

Funding:

Upstox: Information Not Available

Paytm Money: Information Not Available

Call & Trade Charges:

Upstox: Rs 50 Per Executable Order

Paytm Money: Rs 100 per executed order

Auto Square off Charges:

Upstox: Rs 50 Per Executable Order

Paytm Money: Rs 50 per executed order

Please note that the information provided may be subject to change.

Check out our article on Upstox Review 2023 – Charges, Trading Charges, Annual Maintenance Charges, Trading Platform, Open Account, Account Types and More.

Upstox vs Paytm Money: Transaction Charges Comparison

Go over a comparison of the transaction charges between Upstox and Paytm Money based on these aspects:

Equity Delivery:

Upstox: Rs 335 Per Cr

Paytm Money: Rs 335 Per Cr

Equity Intraday:

Upstox: Rs 335 Per Cr

Paytm Money: Rs 335 Per Cr

Equity Futures:

Upstox: Rs 200 Per Cr

Paytm Money: Rs 200 Per Cr

Equity Options:

Upstox: Rs 5050 Per Cr

Paytm Money: Rs 5050 Per Cr

Currency Futures:

Upstox: Rs 90 Per Cr

Paytm Money: Rs 90 Per Cr

Currency Options:

Upstox: Rs 3500 Per Cr

Paytm Money: Rs 3500 Per Cr

Commodity:

Upstox: Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr

Paytm Money: NA (Not Available)

Please note that the transaction charges mentioned here may be subject to change.

Upstox vs Paytm Money: Account Features

3-in-1 Account:

Upstox: Yes, Upstox offers a 3-in-1 account which includes a bank account, demat account, and trading account.

Paytm Money: No, Paytm Money offers a 2-in-1 account which includes only a demat account and trading account.

Charting:

Upstox: Yes

Paytm Money: Yes

Algo Trading:

Upstox: Yes, Upstox offers Algo Trading.

Paytm Money: No, Paytm Money does not offer Algo Trading.

SMS Alerts:

Upstox: Yes

Paytm Money: No

Online Demo:

Upstox: Yes

Paytm Money: No

Online Portfolio:

Upstox: Yes

Paytm Money: Yes

Margin Trading Funding Available:

Upstox: No

Paytm Money: No

Combined Ledger for Equity and Commodity:

Upstox: Yes

Paytm Money: No

Intraday Square-off Time:

Upstox: 3:15 PM

Paytm Money: 3:10 PM

NRI Trading:

Upstox: No

Paytm Money: No

Other Features:

Upstox: NIL (Not mentioned)

Paytm Money: NIL (Not mentioned)

Upstox vs Paytm Money: Trading Platform

Desktop Trading Platform:

Upstox: Upstox Pro

Paytm Money: Paytm Money (Information Not Available)

Desktop Demo:

Upstox: Information Not Available

Paytm Money: Information Not Available

Desktop Platform (Windows):

Upstox: No

Paytm Money: No

Desktop Platform (Mac):

Upstox: No

Paytm Money: Yes

Web Trading Platform:

Upstox: Yes

Paytm Money: Yes

Web Trading Detail:

Upstox: https://pro.upstox.com/

Paytm Money: Paytm Money Web

Web Trading Demo:

Upstox: Web Trading Demo

Paytm Money: Web Trading Demo

Mobile Site:

Upstox: Yes

Paytm Money: Yes

Mobile Trading:

Upstox: Yes

Paytm Money: Yes

Mobile Trading App:

Upstox: Upstox

Paytm Money: Paytm Money App

Mobile Trading App Demo:

Upstox: Upstox Demo

Paytm Money: Information Not Available

Android Mobile App:

Upstox: Yes

Paytm Money: Yes

Android App Download:

Upstox: Android Upstox Download

Paytm Money: Android Paytm Money App Download

iPhone Mobile App (iOS):

Upstox: Yes

Paytm Money: Yes

iOS App Download:

Upstox: iOS Upstox Download

Paytm Money: iOS Paytm Money App Download

Android Tablet App:

Upstox: Yes

Paytm Money: Yes

iPad App (iOS):

Upstox: Yes

Paytm Money: Yes

Trading Software Charges:

Upstox: Free

Paytm Money: Rs. 30 per month

Equity Brokerage Calculator:

Upstox: Equity Intraday and Delivery Brokerage Calculator for Upstox

Paytm Money: Equity Intraday and Delivery Brokerage Calculator for Paytm Money

Futures Brokerage Calculator:

Upstox: Futures Brokerage Calculator for Upstox

Paytm Money: Futures Brokerage Calculator for Paytm Money

Options Brokerage Calculator:

Upstox: Options Brokerage Calculator for Upstox

Paytm Money: Options Brokerage Calculator for Paytm Money

Upstox vs Paytm Money: User Ratings

Upstox:

  • Fees Ratings: 3.5
  • Trading Brokerage Rating: 3.8
  • Trading Platform Usability: 3.7
  • Customer Service Ratings: 3.5
  • Overall Ratings: Rated 3.7 stars
  • Broker Rating: Upstox is Rated 3.7 / 5 based on 12 customer reviews

Paytm Money:

  • Fees Ratings: 3.8
  • Trading Brokerage Rating: 4.5
  • Trading Platform Usability: 3.0
  • Customer Service Ratings: 3.5
  • Overall Ratings: Rated 4.0 stars
  • Broker Rating: Paytm Money is Rated 4.0 / 5 based on 4 customer reviews

Please note that the ratings provided are based on the customer reviews mentioned and may not reflect the overall sentiment of all users. It is important to consider multiple factors and individual preferences when choosing a brokerage platform. Additionally, user ratings can change over time, so it is advisable to check for the most recent and comprehensive reviews and ratings before making a decision.

Upstox vs Paytm Money: Demat Account Features Comparison

DP Source:

Upstox: CDSL

Paytm Money: CDSL

DP ID:

Upstox: 81800

Paytm Money: CDSL: 1208

Demat Account Annual Maintenance Charges (AMC):

Upstox: ₹300 PA

Paytm Money: Zero

Advance Deposit:

Upstox: Nil

Paytm Money: Nil

Statutory charges:

Upstox: Nil

Paytm Money: Nil

Transaction Charges on Debit (Per ISIN):

Upstox: ₹13 + ₹5.50 CDSL charges

Paytm Money: ₹10 per ISIN

Demat:

Upstox: ₹20 + ₹50 courier charges

Paytm Money: ₹250 per 100 shares

Remat:

Upstox: ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)

Paytm Money: ₹250 per 100 shares

Pledge Creation:

Upstox: 0.02% of the transaction value (Min ₹50) + CDSL charges

Paytm Money: ₹32 per ISIN

Pledge Creation Confirmation:

Upstox: 0.02% of the transaction value (Min ₹50) + CDSL charges

Paytm Money: Nil

Pledge Closure:

Upstox: 0.02% of the transaction value (Min ₹50) + CDSL charges

Paytm Money: ₹32 per ISIN

Pledge Closure Confirmation:

Upstox: 0.02% of the transaction value (Min ₹50) + CDSL charges

Paytm Money: Nil

Pledge Invocation:

Upstox: 0.05% of the transaction value (Min ₹50)

Paytm Money: ₹32 per ISIN

Failed Instruction Charges:

Upstox: ₹50

Paytm Money: Nil

Other Charges:

Upstox: Nil

Paytm Money: Nil

Upstox vs Paytm Money: Investment Offerings Comparison

Equity Cash and F&O:

Upstox: Yes

Paytm Money: Yes

Currency Derivatives:

Upstox: Yes

Paytm Money: No

Commodity:

Upstox: Yes

Paytm Money: No

Online IPO Application:

Upstox: Yes

Paytm Money: Yes

Mutual Funds:

Upstox: Yes

Paytm Money: Yes

Bond / NCD:

Upstox: No

Paytm Money: No

ETF:

Upstox: Yes

Paytm Money: Yes

Banking:

Upstox: No

Paytm Money: No

Insurance:

Upstox: No

Paytm Money: No

Forex:

Upstox: No

Paytm Money: No

MF SIP Investment:

Upstox: Yes

Paytm Money: Yes

Equity SIP Investment:

Upstox: No

Paytm Money: Yes

PMS Service:

Upstox: No

Paytm Money: No

Other Investment Options:

Upstox: N/A

Paytm Money: NPS

Click here to open an account on Paytm Money.

Upstox vs Paytm Money: Order Types Comparison

Order Type Comparison:

CNC order:

Upstox: Yes

Paytm Money: Yes

MIS order:

Upstox: Yes

Paytm Money: Yes

NRML order:

Upstox: Yes

Paytm Money: Yes

Cover order:

Upstox: Yes

Paytm Money: Yes

Bracket order:

Upstox: Yes

Paytm Money: Yes

Check out our article on Upstox Bracket Order – How to Place Bracket Order in Upstox?

AMO-After Market Orders:

Upstox: Yes

Paytm Money: Yes

GTC-Good Till Cancelled:

Upstox: No

Paytm Money: No

Upstox vs Paytm Money: Customer Service Comparison

24/7 Customer Service:

Upstox: No

Paytm Money: No

Email Support:

Upstox: Yes

Paytm Money: Yes

Online Live Chat:

Upstox: Yes

Paytm Money: No

Phone Support:

Upstox: Yes

Paytm Money: Yes

Toll-Free Number:

Upstox: No

Paytm Money: No

Through Branches:

Upstox: Yes

Paytm Money: No

Customer Care Number:

Upstox: +91 22 6130 9999

Paytm Money: Information Not Available

Account Opening Process:

Upstox: Online/Paperless

Paytm Money: Online/Paperless

Customer Support Email:

Upstox: support@upstox.com

Paytm Money: feedback@paytmmoney.com

Knowledge Center/Education:

Upstox: https://upstox.com/help-center/

Paytm Money: https://www.paytmmoney.com/care

Note

Please note that the information provided is based on the details available at the moment, which may be subject to change. It is recommended to verify the latest information directly from the brokers’ official websites or contact their customer support for accurate and up-to-date information.

Conclusion

Upstox and Paytm Money are prominent players in the online brokerage industry in India, each with its own unique features and offerings. Upstox stands out with its discount brokerage plan and advanced trading platform, while Paytm Money provides free equity delivery trading and a user-friendly interface. Whether you are an investor or trader, you should carefully consider your specific needs, preferences, and trading styles to choose the platform that best aligns with your specific goals and requirements.

Check out my comparison video of Upstox vs Paytm Money.

https://dematdive.com/upstox-vs-paytm-money/


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