{"id":3232,"date":"2022-03-09T17:41:45","date_gmt":"2022-03-09T17:41:45","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=3232"},"modified":"2022-08-04T05:18:39","modified_gmt":"2022-08-04T05:18:39","slug":"brokerage-fee","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/brokerage-fee\/","title":{"rendered":"How Much Brokerage Do You Pay On Paytm Money?"},"content":{"rendered":"<p><script type=\"text\/javascript\">\nwindow.location = 'https:\/\/paytmmoney.com\/stocks\/'\n<\/script><\/p>\n<p>Isn\u2019t it amazing how a courier company will run across the world to deliver your \u201cYou live too far away\u201d care package to your friend while you bask in the comfort of your home? In return, you just need to pay a fee.<\/p>\n<p>Now, pause and relate this to the stock market.<\/p>\n<p>Brokers are the agents or middlemen you act like those courier companies. They help you buy and sell stocks, futures, ETFs, options and various other securities on the stock exchanges, in just a few taps. For this convenience, you pay them a fee known as a <strong>brokerage charge.<\/strong> And we are one of those.<\/p>\n<h2><b>Paytm Money\u2019s Brokerage Charges<\/b><\/h2>\n<p>So, what are the typical fees for such services?<\/p>\n<p>Brokerage fees are usually charged by the companies to execute your transitions and facilitate the services around it. These could be per transaction, monthly, quarterly, or annually.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-3301\" src=\"https:\/\/paytmmoney.wpengine.com\/wp-content\/uploads\/2022\/03\/table-2.png\" alt=\"paytm money brokerage\" width=\"876\" height=\"774\" srcset=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/03\/table-2.png 876w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/03\/table-2-300x265.png 300w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/03\/table-2-768x679.png 768w\" sizes=\"(max-width: 876px) 100vw, 876px\" \/><\/p>\n<p><i><span style=\"font-weight: 400;\">*\u20b9 0.01 per transaction<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">**Minimum of 0.05% of turnover or \u20b910<\/span><\/i><\/p>\n<p><a href=\"https:\/\/www.paytmmoney.com\/stocks\/pricing\"><span style=\"font-weight: 400;\">Refer to our pricing page for complete details<\/span><\/a><\/p>\n<p>Continue reading to understand how these charges work.<\/p>\n<h2><b>How Is Brokerage Calculated?<\/b><\/h2>\n<p>Brokerage is calculated on the turnover of a particular transaction ie buy\/sell price * quantity.<\/p>\n<p>But how does the math work out exactly and how is brokerage then applied by Paytm Money? We\u2019ll explain.<\/p>\n<p>Let\u2019s assume 2 scenarios.<\/p>\n<h3><strong>Scenario 1: Equity Delivery<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">You\u2019ve done thorough research, dug through annual reports, nearly memorized fundamentals before<\/span><span style=\"font-weight: 400;\"> deciding that Stock X is THE ONE &lt;3<\/span><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You start accumulating in this fashion.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-3245 size-large\" src=\"https:\/\/paytmmoney.wpengine.com\/wp-content\/uploads\/2022\/03\/card-3-1-e1648788664649-1024x452.png\" alt=\"equity delivery\" width=\"1024\" height=\"452\" srcset=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/03\/card-3-1-e1648788664649-1024x452.png 1024w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/03\/card-3-1-e1648788664649-300x132.png 300w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/03\/card-3-1-e1648788664649-768x339.png 768w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/03\/card-3-1-e1648788664649.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>You will end up paying ONLY \u20b9 0.02 on Paytm Money for 2 transactions.<\/p>\n<h3><strong>Scenario 2: Equity Intraday<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">You have been studying Stock X for a while. And you know that today, it is going to show momentum.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here\u2019s how you trade in Stock X.\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-3246 size-large\" src=\"https:\/\/paytmmoney.wpengine.com\/wp-content\/uploads\/2022\/03\/card-4-1-e1648788640911-1024x451.png\" alt=\"equity intraday\" width=\"1024\" height=\"451\" srcset=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/03\/card-4-1-e1648788640911-1024x451.png 1024w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/03\/card-4-1-e1648788640911-300x132.png 300w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/03\/card-4-1-e1648788640911-768x338.png 768w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/03\/card-4-1-e1648788640911.png 1273w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Brokerage rates vary from broker to broker. So, choose wisely and weigh in what services you are getting from the broker in that fee.<\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><span style=\"font-weight: 400;\">Disclaimer: <\/span><span style=\"font-weight: 400;\">Investment in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. Paytm Money Ltd SEBI Reg No. Broking &#8211; INZ000240532. NSE (90165), BSE(6707) Regd. Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi \u2013 110019. *Please refer<\/span><a href=\"http:\/\/www.paytmmoney.com\/stocks\/pricing\"> <span style=\"font-weight: 400;\">www.paytmmoney.com\/stocks\/pricing<\/span><\/a><span style=\"font-weight: 400;\"> for information on pricing.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Isn\u2019t it amazing how a courier company will run across the world to deliver your \u201cYou live too far away\u201d care package to your friend while you bask in the comfort of your home? In return, you just need to pay a fee. Now, pause and relate this to the stock market. Brokers are the<a href=\"https:\/\/www.paytmmoney.com\/blog\/brokerage-fee\/\">Continue reading <span class=\"sr-only\">&#8220;How Much Brokerage Do You Pay On Paytm Money?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":31,"featured_media":3325,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-classic-ns.php","format":"standard","meta":{"footnotes":""},"categories":[8,12,11],"tags":[],"class_list":["post-3232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements","category-featured","category-home"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/3232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=3232"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/3232\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/3325"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=3232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=3232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=3232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}