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.
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.
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/