Just In: Paytm Money launches Futures & Options on its app
Now, Futures & Options for Everyone with Paytm Money, trade F&O on Paytm Money app and website.
At Paytm Money, we are committed to the evolving needs of our users and strive to offer innovative products to fulfill their needs in the best way possible. This inspired and motivated us to add the latest offering to our already feature-rich platform i.e. – Futures & Options.
We proudly announce the launch of the early access program of the much-awaited Futures & Options trading on our app, to become India’s most comprehensive wealth management online platforms.
With around 2 million direct equity investors in India at present, this segment holds immense growth potential. Also, ease of access and availability of improved information are the two critical factors that would speed-up the growth. With Futures & Options, our initiative to provide an entirely digital, cost-effective, and secure ecosystem to both young and experienced investors to help them trade and invest in F&O. A fully digital KYC and 100% paperless account opening process would allow them to get investment-ready quickly without hassles. Also, all the overnight & Intraday trades as low as Rs.10.
The product hosted entirely on cloud and developed with Paytm’s well-known technology principles will ensure the platform is smooth, fast, and can manage very large volumes – an important technology disruption in the wealth management space.
We would roll out the product access in a phased manner. In the early access stage, a limited number of users will be given access every day. Post gauging user-feedback and market reaction, we will eventually open access to all in a few weeks. Currently, only Android & Web users would be able to get early access to F&O.
Investing in F&O was never this easy
Trading in F&O is a smarter way to bet on stocks by paying a marginal amount and exiting with profit/loss i.e you don’t have to pay the full price of the stock. And when you invest in F&O via Paytm Money, you get to do it in an easier and secure way.
Here are some of the many benefits that you get to enjoy:
Competitive Pricing: Overnight & Intraday trades as low as Rs.10 per order without any contracts / commitments / conditions
Hassle-free Account Opening: Enjoy fully digital KYC with a 100% paperless account opening.
Simple and Smart Search: Searching for a contract or option on the platform is a breeze & no specific templates are required for the search or addition to the watchlist.
Watchlist and Real-Time Market Information: You can get detailed stock performance information, an in-depth financial & historical price data for every listed company on the app & website. The charting provides over 180 studies & patterns usually tracked by the pro traders all in an easy to use interface on one’s mobile.
Smart Notifications: Set price alerts for up to 50 stocks and get notified when the price is reached
Investing & Trading: You can do Intraday & Overnight and also explore advanced options like Cover Order & Bracket Order
Smart Price Alerts: The price alert feature allows traders to get real-time alerts on any FNO contracts. While Paytm Money provides for various calculators, traders can seamlessly check the required margin while placing an order for any contract.
Brokerage Calculator: Discover the transaction charges & exact breakeven price to sell stocks profitably
Seamless Fund Management: Paytm Money supports both UPI and Netbanking, users can keep trading by transferring as low as Rs. 50/-. Also, traders get money into the bank account the same day for fund withdrawals. Users can track and view the entire fund add and withdraw history anytime, anywhere.
Data Privacy: Your personal data is safe with our bank-level security
Dark/Light Mode: The dark & light modes across mobile & web platforms provide convenience to traders who are particular about the background colours & fonts.
Trading in Futures & Options needs to be simple and we at Paytm Money have made this journey even simpler and more rewarding. To start trading and investing in Stocks through Futures & Options, simply download the Paytm Money Stocks app today and become investment-ready quickly.