Paytm Money Charges

Paytm Money the emerging discount broker in the stock market is grabbing the attention of many investors. Well! this is because of its retention and reliability as the digital payment platform. But is the company good enough as the broker too? For this, let’s begin with the Paytm Money Charges.

As already known, with Paytm Money, you would be able to invest in different trading segments like equity, derivatives, mutual funds, IPO, digital gold, etc. Although it is known for its least brokerage charges but does this statement actually holds true?

So, without any further delay let’s delve into the details of all the charges imposed by the broker for trading and investing in different segments.

Paytm Money Charges List

When trading or investing with stockbrokers, you need to pay certain fees in the form of brokerage. In general, you need to pay the fees for opening an account, apart from this there are trading charges and other hidden charges.

So, in all the fees need to be paid by you involves:

• Demat Account Opening Charges
• Account Maintenance Charges
• Brokerage Charges
• Charges for Mutual Funds
• DP Charges
• Call and Trade Charges
• Mutual Fund Charges

Let’s discuss all these charges in detail to help you in making a decision of whether or not to open an account with the broker.

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Paytm Money Demat Account Charges

Let’s dive into the journey of trading. The first and foremost step is to have a Demat account. This account holds shares and funds in electronic form.

Almost every stockbroker charges some fees to offer you the services of account opening for FREE and so does the Paytm Money.

Although the broker also claims not to charge any annual maintenance fees. But here it becomes necessary to delve deeper to ensure that all the charges proposed by the broker are right and helps investors in reaping the maximum benefit.

So, in all when considering the opening of Paytm Money Demat account, one must consider fees like account opening charges and AMC or account maintenance charges.

Paytm Money Account Opening Charges

As already discussed the broker does not impose any fees for opening a Demat account. Thus you can reap the benefit of a 2-in-1 account with Paytm Money without paying any fees. 

 

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Paytm Money AMC Charges

 Moving further, another type of charge is applied to our Demat account is the maintenance fees. This fee is generally charged annually and is deducted directly from the trading account. 

Although the broker does not impose any kind of fees for maintaining the account there are certain charges, Annual Platform charges of ₹300. 

So, in all the broker just changes the name of the fees and still deducts some fees for offering the Demat and application services to its customers.

 

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Paytm Money Brokerage Charges

Here comes the important aspect while choosing a stockbroker. No doubt every stockbroker, comes up with their own USP but when thinking of starting a trade, most of the investors and traders remain concerned about the brokerage fees.

The brokerage fees again depend upon the segment you opt for. So, as already discussed above, you can trade in equity, futures, options, and mutual funds so here is the breakdown of the brokerage fees.

Paytm Money Delivery Brokerage Charges

Most beginners usually enter the stock market with the intention to do long-term delivery trading and hence it becomes vital for them to know the Paytm Money equity delivery charges.

Although the broker does not charge any fees for delivery trade, here the transaction amount of 0.01p is deducted per order as per the SEBI guidelines. 

Apart from this other fees associated with the delivery trade in Paytm Money are:

 

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Paytm Money Intraday Charges

Intraday trading is risky as the trader enters the highly volatile market that increases the chance of profit as well as the loss in trading. Over this, if he or she needs to pay the hefty brokerage charges, it reduces their overall profit or loss percentage.

So as a trader what to do to balance your overall trading profit?

Well, the answer is obvious, to look for the broker offering maximum benefits in terms of brokerage.

So, when it comes to the lowest brokerage fees, Paytm Money is the name that comes in the front. So let’s check what intraday fees are charged by the broker.

 

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Paytm Money Future and Option Charges

Apart from the equity delivery and intraday, the traders also get the opportunity to trade in Futures and Options.

This not only offers them the chance to grab more options but also to book profit even from the prevailing downtrends in the market. So if you are looking forward to trading in the derivatives segment using the Paytm Money platform then here are the details of the charges.

 

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DP Charges in Paytm Money

Next to the brokerage comes the DP charges. Now, most of the newbies are not aware of these fees and thus fail to evaluate the overall profit margin in their trade.

These charges are generally levied on the sell transaction done from the Demat account and hence only the delivery traders should consider these charges while planning their investment.

Paytm Money again comes with the benefit for the investors by imposing the DP charges of ₹12.5 plus GST per scrip.

 

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Paytm Money Hidden Charges

No pressure there! Paytm Money is totally transparent in this sector. Paytm Money keeps checking on providing 100% transparency regarding charges to its users. There are no hidden charges in this firm.

OK, we know what you’re thinking, what our hidden charges are and how much charge we have to pay. So let us just clarify your doubt.

So, not hidden but actually, beginner investors and traders generally remain unaware of certain taxes and fees associated with trading. As already discussed above, along with brokerage you need to pay the STT, GST, stamp duty, and other fees to execute the trade.

The information of these fees is although available in the contract note, but having knowledge beforehand can help you in calculating the profit and return you can grab from your trade.

Below is the complete information of the Paytm Money hidden fees.

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 Paytm Money Brokerage Calculator

As we are not robots or machines, we can solve every mathematical problem without any problem being wrong sometimes, so here’s the PayTM Money Brokerage Calculator to help you with necessary charges calculation by just filling in some necessary credentials. 

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Bottom Line

This article on PAYTM MONEY CHARGES has given you an insight into all the charges that apply while trading in the stock market.

At this point, all your doubts must have been cleared about what necessary charges you have to calculate during investment.

If you want to move further in the trading sector, then let’s open a DEMAT ACCOUNT.