Brokerage Charges Increase From 5th Aug ‘22. Existing Users Will Continue On Brokerage Charges Set At Launch11 min read
In recognition of being early users on our equity platform, brokerage charges are NOT being increased for users who opened a Demat & Trading account before 5th August 2022.
2 years ago, we started Paytm Money’s equity platform with a mission to make investments & trading accessible and affordable for India. We have been one of the first brokers to introduce brokerage services at charges as low as ₹0* on Stock Delivery & ₹10 on Intraday/F&O. We are grateful that many investors recognized our commitment to this mission and helped us become one of the leading brokers in India.
We have had other special firsts since. Our first product launch, the first stock bought on the app, our first year anniversary. And most important of all, our first million equity and F&O traders.
YOU are one of them. You chose us, trusted us to manage your trading & investments and have been by our side since. Thank you for supporting us through our many wins & learnings.
In appreciation of this one million-strong trading & investing community that helped us become one of India’s leading Wealth Management platforms, you will continue to trade on the old brokerage charges that we set at launch.
We are increasing our Brokerage Charges – for new investors only from 5th August 2022.
As our existing user, nothing changes for you! You will continue to enjoy our old brokerage charges of ₹0* on Stock Delivery and ₹10 on Intraday/F&O orders.
All new investors opening a Trading and Demat account on Paytm Money from 5th August 2022 will be charged the new brokerage charges.
Here’s a quick look at the old & new charges applicable from 5th August 2022:
Note: NO CHANGE in brokerage for EXISTING USERS.
If you are an existing Mutual Fund investor on Paytm Money, you will enjoy the old pricing any time you decide to open a Demat & Trading account with us.
Click here to check all the charges in detail – Paytm Money Pricing.
What’s Next for Paytm Money?
Together with you, we ‘ve had a fantastic two years since the launch of our equity and F&O platform and built a million strong trading & investing community.
We empowered your investment journey by introducing a lot of new products in these two years – Wealth Academy to level up your investment practices, Paytm Wealth community to help you find your tribe, along with advanced features like Futures & Options Dashboard, Portfolio Analytics and Good Till Triggered Orders (GTT), Voice Trading, Advanced Charting, Super Fast Order Management System, Solid Risk Management to protect you and to ease your investments & trades.
Now, it’s time for the next sprint. We’re moving into the next phase of Paytm Money to welcome a community of 10 million. We’d like you to help us innovate our trading & investment platform and build with us.
Please email us your suggestions and wish lists to feedback@paytmmoney.com. You could ask us about
- New order types
- Technical studies & tools
- Risk management products
- Portfolio analysis, reporting & data visualization
- Customer service & support
- Learning & community
Paytm Money is busy creating the next avatar with more premium features, sharper focus on technology, faster execution; all at a bigger scale.
Excited? So are we! Get involved. Tell us what you want to see.
Still have questions on the charges? Below are a few FAQs to answer them. You can always write to us at exg.support@paytmmoney.com in case you have any more questions.
Frequently Asked Questions (FAQs)
1. Are the new brokerage charges applicable to everyone?
Our new brokerage charges apply only to new users. A new user is anyone who opens a Demat & Trading account on Paytm Money on or after 5th August, 2022. The new brokerage charges of ₹15 per executed order of Stock Delivery/Intraday/F&O continue to remain one of the lowest charges among the best in class brokers in India.
All existing Paytm Money users who opened a Trading account or transacted in Mutual Funds before 5th August, 2022 will continue to stay on our old brokerage charges of ₹0* on Stock Delivery & ₹10 on Intraday/F&O, set at launch.
If you started the account opening process before 5th August, 2022 and didn’t get a chance to complete it, you have a 1 week grace period till 12th August, 2022 to complete it and avail our old brokerage charges of ₹0* on Stock Delivery & ₹10 on Intraday/F&O, set at launch.
2. Who will continue trading with the old brokerage charges of ₹0* on Stock Delivery & ₹10 on Intraday/F&O?
If you are an existing user of Paytm Money who has either
- Opened a Demat & Trading account on Paytm Money before 5th of August 2022, OR
- Invested in Mutual Funds before 5th of August 2022
You will continue to enjoy our old brokerage charges.
If you started the account opening process before 5th August, 2022 and didn’t get a chance to complete it, you have a 1 week grace period till 12th August, 2022 to complete it and avail our old brokerage charges of ₹0* on Stock Delivery & ₹10 on Intraday/F&O, set at launch.
3. From when are the new brokerage charges applicable?
The new brokerage charges of ₹15 per executed order of Stock Delivery/Intraday/F&O are applicable from 5th August 2022 to all new users who open a Demat & Trading account on Paytm Money on or after 5th August 2022. These charges continue to remain one of the lowest among the best in class brokers in India.
If you started the account opening process before 5th August, 2022 and didn’t get a chance to complete it, you have a 1 week grace period till 12th August, 2022 to complete it and avail our old brokerage charges of ₹0* on Stock Delivery & ₹10 on Intraday/F&O, set at launch.
All existing Paytm Money users who opened a Trading account or transacted in Mutual Funds before 5th August, 2022 will continue to stay on our old brokerage charges.
4. I started the Demat account opening before 5th August, 2022, but haven’t finished all of the steps yet. Would I be charged the new brokerage charges?
If you started your Demat & Trading account opening process before 5th August, 2022 & haven’t had a chance to complete it yet, you have a 1 week grace period from 5th August 2022 to take advantage of our old brokerage charges of ₹0* on Stock Delivery & ₹10 on Intraday/F&O. All you have to do is complete your KYC & open a Demat account before 12th August, 2022.
If you have already invested in Direct Mutual Funds on Paytm Money before 5th August, 2022, then you will have our old brokerage charges applied to your transactions whenever you choose to open a Demat and Trading account with us even after 12th August, 2022.
5. I am already a Paytm Money user. Are the new brokerage charges applicable to me?
No, if you already have a Paytm Money Demat & Trading account or have invested in Direct Mutual fund before 5th August, 2022, you will continue to enjoy our old brokerage rates of ₹0* on Stock Delivery and ₹10 per Intraday/F&O order.
However, in case you don’t fall into either of the above categories & are required to open a Demat & Trading account to invest/trade in stocks on or after 5th August 2022, then the new brokerage charges of ₹15 per executed order of Stock Delivery/Intraday/F&O will be applicable to you. These charges continue to remain one of the lowest among best-in-class brokers.
If you started the account opening process before 5th August, 2022 and didn’t get a chance to complete it, you have a 1 week grace period till 12th August, 2022 to complete it and avail our old brokerage charges of ₹0* on Stock Delivery & ₹10 on Intraday/F&O, set at launch.
6. I opened my Demat account with Paytm Money before 5th August 2022, will I be charged the new brokerage charges?
No, you will continue to enjoy our old brokerage rates of ₹0* on Stock Delivery and ₹10 per Intraday/F&O order. Thank you for being part of our million-strong trading & investment community!
If you started the account opening process before 5th August, 2022 and didn’t get a chance to complete it, you have a 1 week grace period till 12th August, 2022 to complete it and avail our old brokerage charges of ₹0* on Stock Delivery & ₹10 on Intraday/F&O, set at launch.
7. I opened my Demat account with Paytm Money after 5th August 2022, will I be charged the new brokerage charges?
If you started the process of opening your account on or after 5th August 2022, you will be charged the new brokerage charges of ₹15 per executed order of Stock Delivery/Intraday/F&O which continue to remain one of the lowest charges among best-in-class brokers.
If you started the process before 5th August 2022, you get a 1 week grace period to avail the old brokerage charges. All you have to do is complete your KYC & open a Demat account before 12th August 2022 to avail the old brokerage charges set at our launch.
8. I have started the Demat account opening process on 5th August 2022. Would I be charged the new brokerage charges?
Yes, you will be charged the new brokerage charges of ₹15 per executed order of Stock Delivery/Intraday/F&O which continue to remain one of the lowest charges among best-in-class brokers.
9. I am a Mutual Funds user on Paytm Money already and now I want to open a Demat account with Paytm Money too. Would I be charged the new brokerage charges?
No, since you have been investing in Direct Mutual Funds on Paytm Money since before 5th August, 2022, you will continue to enjoy our old brokerage rates of ₹0* on Stock Delivery and ₹10 per Intraday/F&O order whenever you open a Demat and Trading account on Paytm Money in the future.
10. Are the new brokerage charges applicable to new users on both Paytm Stocks on Paytm app & on Paytm Money app?
Yes, the new brokerage charges are applicable to new users who open a Demat and Trading account on either Paytm Stocks on Paytm app or Paytm Money app on and after 5th August, 2022.
The new brokerage charges of ₹15 per executed order of Stock Delivery/Intraday/F&O continue to remain one of the lowest charges among best-in-class brokers.
11. I am an existing user on Paytm Stocks. What brokerage charges are applicable to me if I continue investing on Paytm Stocks on Paytm app?
You will continue to enjoy our old brokerage rates of ₹0* on Stock Delivery and ₹10 per Intraday order if you invest and trade on Paytm Stocks app.
However, if and when you choose to upgrade your trading account to Paytm Money app to take advantage of the advanced trading features on and after 5th August, 2022, the new brokerage charges of ₹15 per executed order of Stock Delivery/Intraday/F&O will be applicable to you. These charges continue to remain one of the lowest among best-in-class brokers.
12. I already have an account with Paytm Stocks. Would I be charged the new brokerage charges if I upgrade to the Paytm Money App?
Yes. If you upgrade your account from Paytm Stocks app to Paytm Money app on and after 5th August, 2022, the new brokerage charges of ₹15 per executed order of Stock Delivery/Intraday/F&O will be applicable to you. These charges continue to remain one of the lowest among best-in-class brokers
Paytm Money app is more exhaustive with premium features and more products such as Mutual Funds, Futures, Options, Wealthbaskets & many more advanced trading features.
13. I have been investing in the National Pension Scheme (NPS) already and now I want to open a Demat account with Paytm Money too. Would I be charged the new brokerage charges?
Yes, if you open your Demat & Trading account on or after 5th August, the new brokerage charges of ₹15 per executed order of Stock Delivery/Intraday/F&O will be applicable to you. These charges continue to remain one of the lowest among best-in-class brokers.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for information purpose and consumption for the client. Brokerage will not exceed the SEBI prescribed limit. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532. NSE (90165), BSE(6707) Regd office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. Please refer www.paytmmoney.com/stocks/pricing for further information.