Brokerage Charges Increase From 25th Aug ‘23. Existing Users Will Continue On Old Brokerage Charges8 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 25th August 2023.
3 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 recognised 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 few millions of equity and F&O traders.
YOU are one of them. You chose us, trusted us with your trading and investments, and have been with us ever since. Thank you for supporting us through our many wins & learnings.
We deeply appreciate our trading and investing community for contributing to our journey as one of India’s prominent Wealth Management platforms. As a token of our gratitude, members who joined us earlier will retain the original brokerage charges applicable at the time of joining.
We are increasing our Brokerage Charges – for new investors only from 25th August 2023.
As our existing user, nothing changes for you!
- If you joined before 5th August 2022, brokerage charges of ₹0* on Stock Delivery and ₹10 per Intraday/F&O order will be applicable to you.
- If you joined after 5th August 2022 and before 25th August 2023, brokerage charges of ₹15* on Stock Delivery, Intraday and F&O will be applicable to you.
All new investors opening a Trading and Demat account on Paytm Money after August 25, 2023, will be charged the new brokerage charges.
Here’s a quick look at the old & new charges applicable from 25th August 2023:
Note: NO CHANGE in brokerage for EXISTING USERS.
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 three years since the launch of our equity and F&O platforms and built a strong trading & investing community.
We empowered your investment journey by introducing a lot of new products in these three years – like Futures & Options Dashboard, Portfolio Analytics and Good Till Triggered Orders (GTT), Margin Pledge, Basket Orders, OCO GTT orders, Advanced Charting, Super Fast Order Management System, and Solid Risk Management, to protect you and 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 investors. We’d like you to help us innovate our trading & investment platform and build it with us.
Please email us your suggestions and wish lists at 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, a 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 about 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 25th August, 2023. The new brokerage charges of ₹20 per executed order of Stock Delivery/Intraday/F&O is standard among the brokers in India.
Those users who opened a Trading account or transacted in Mutual Funds before 25th August, 2023 will continue to stay on our old brokerage charges of ₹0* on Stock Delivery & ₹10 on Intraday/F&O, set at launch.
Those users who opened a Trading account & Demat account between 25th August, 2023 to 25th August 2023 will continue to stay on brokerage charges of ₹15* on Stock Delivery, Intraday and F&O.
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 set at launch.
3. Who will continue trading with the old brokerage charges of ₹15* on Stock Delivery, Intraday, and F&O?
If you are an existing user of Paytm Money who has opened a Demat & Trading account on Paytm Money between 5th of August 2022 to 25th August, 2023, you will continue to enjoy our old brokerage charges of ₹15* on Stock Delivery, Intraday, and F&O.
4. When do the new brokerage fees take effect?
The new brokerage charges of ₹20 per executed order of Stock Delivery/Intraday/F&O are applicable from 25th August 2023 to all new users who open a Demat & Trading account on Paytm Money on or after 25th August 2023.
All existing Paytm Money users who opened a Trading account before 25th August, 2023, will continue to enjoy the same old brokerage charges as at the time of joining.
5. I started the Demat account opening before 25th August, 2023, 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 25th August, 2023 & haven’t had a chance to complete it yet, you have a chance to take advantage of our current brokerage charges of ₹15* on Stock Delivery, Intraday and F&O. All you have to do is complete your KYC & open a Demat account before 25th August, 2023.
6. 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, you will continue to enjoy the old brokerage rates.
- If you joined before 5th August 2022, brokerage charges of ₹0* on Stock Delivery and ₹10 per Intraday/F&O order will be applicable to you.
- If you joined after 5th August 2022 and before 25th August 2023, brokerage charges of ₹15* on Stock Delivery, Intraday and F&O will be applicable to you.
7. I opened my Demat account with Paytm Money before 25th August 2023; will I be charged the new brokerage charges?
No, you will continue to enjoy the old brokerage rates as applicable at the time of your joining Paytm Money.
- If you joined before 5th August 2022, brokerage charges of ₹0* on Stock Delivery and ₹10 per Intraday/F&O order will be applicable to you.
- If you joined after 5th August 2022 and before 25th August 2023, brokerage charges of ₹15* on Stock Delivery, Intraday, and F&O will be applicable to you.
Thank you for being part of our trading & investment community!
8. I opened my Demat account with Paytm Money after 25th August 2023, will I be charged the new brokerage charges?
If you started the process of opening your account on or after 25th August 2023, you will be charged the new brokerage charge of ₹20 per executed order of Stock Delivery/Intraday/F&O which is standard among the brokers in India.
9. I started the Demat account opening process on 25th August 2023. Would I be charged the new brokerage charges?
Yes, you will be charged the new brokerage charge of ₹20 per executed order of Stock Delivery/Intraday/F&O which is standard among the brokers in India.
10. 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 25th August, 2023, you will continue to enjoy our old brokerage rates of ₹15* on Stock Delivery, Intraday, and F&O.
11. Are the new brokerage charges applicable to new users on both Paytm Stocks on Paytm app & Paytm Money app?
Yes, the new brokerage charges are applicable to new users who open a Demat and Trading account on either the Paytm Stocks on Paytm app or Paytm Money app on and after 25th August, 2023.
The new brokerage charge of ₹20 per executed order of Stock Delivery/Intraday/F&O is standard among brokers in India.
12. I am an existing user of Paytm Stocks. What brokerage charges are applicable to me if I continue investing through Paytm Stocks on Paytm app?
You will continue to enjoy our old brokerage rates as applicable at the time of your signing up on Paytm Stocks app.
13. I already have an account with Paytm Stocks. Would I be charged the new brokerage charges if I upgrade to the Paytm Money App?
No, you will continue to enjoy our old brokerage rates as applicable at the time of your signing up on Paytm Stocks app.
14. 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 25th August, the new brokerage charges of ₹20 per executed order of Stock Delivery/Intraday/F&O will be applicable to you. These charges are standard among brokers in India.
