Just In: Stock Broking Now Live On Paytm Money3 min readReading Time: 2 minutes
Now, Stocks for Everyone with Paytm Money. Invest directly in companies you follow & love.
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. – Paytm Money Stocks.
We proudly announce the launch of the early access program of the much-awaited Stock Trading on our app, post-approval from the Securities and Exchange Board of India (SEBI) last year, taking us a step closer to become India’s most comprehensive wealth management online platforms.
With only 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. Paytm Money Stocks is 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 stocks. A fully digital KYC and 100% paperless account opening process would allow them to get investment-ready quickly without hassles. Also, all the cash delivery trades are free on the app, and only Rs. 10 is charged for intraday trades.
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 the user-feedback and market reaction, we will eventually open the access to all in a few weeks. Currently, only Android & Web users would be able to get early access. After a few weeks from now, we plan to release an iOS version for the same. We also propose launching F&O on the app in the near future.
Investing in Stocks was never this easy
Investing in Stocks is a smarter way to accumulate higher wealth for bigger financial goals. And when you invest in Stocks 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 – Zero Brokerage on Delivery Trading with intraday trades as low as Rs.10
Simple and Smart Search – Discover the stock by the name. No need to remember difficult ticker names
Hassle-free Account Opening – Enjoy fully digital KYC with a 100% paperless account opening.
One App For All Needs – Do market research, stock trading or long term investing, all at one place
Smart Notifications – Set price alerts for up to 50 stocks. Get notified when the price is reached
Customizable Watchlist – Create multiple watchlists & track real-time price changes of up to 50 stocks in each watchlist.
SIP Management – Set weekly/monthly buy orders & automate your stock investing
Stock Performance & Fundamentals – Get in-depth financial & historical price data for every listed company
Investing & Trading – Do Intraday & Delivery. Explore advanced options like Cover Order & Bracket Order
Brokerage Calculator – Discover the transaction charges & exact breakeven price to sell stocks profitably
Data Privacy – Keep your personal data safe with our bank-level security
Growing wealth via Stocks needs to be simple and we at Paytm Money have made this journey even simpler and more rewarding. To start investing in Stocks, simply download the Paytm Money Stocks app today and become investment-ready quickly.