{"id":4570,"date":"2023-08-25T15:08:22","date_gmt":"2023-08-25T15:08:22","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=4570"},"modified":"2023-08-25T15:08:22","modified_gmt":"2023-08-25T15:08:22","slug":"brokerage-charges-increase-from-25th-aug-23-existing-users-will-continue-on-old-brokerage-charges","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/brokerage-charges-increase-from-25th-aug-23-existing-users-will-continue-on-old-brokerage-charges\/","title":{"rendered":"Brokerage Charges Increase From 25th Aug \u201823. Existing Users Will Continue On Old Brokerage Charges"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In recognition of being early users on our equity platform, brokerage charges are NOT being increased for users who opened a Demat &amp; Trading account before 25th August 2023.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">3 years ago, we started Paytm Money\u2019s equity platform with a mission to make investments &amp; trading accessible and affordable for India. We have been one of the first brokers to introduce brokerage services at charges as low as \u20b90* on Stock Delivery &amp; \u20b910 on Intraday\/F&amp;O. We are grateful that many investors recognised our commitment to this mission and helped us become one of the leading brokers in India.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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&amp;O traders.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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 &amp; learnings.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We deeply appreciate our trading and investing community for contributing to our journey as one of India&#8217;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.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We are increasing our Brokerage Charges \u2013 for new investors only from 25th August 2023.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As our existing user, nothing changes for you!\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you joined before 5th August 2022, brokerage charges of \u20b90* on Stock Delivery and \u20b910 per Intraday\/F&amp;O order will be applicable to you.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you joined after 5th August 2022 and before 25th August 2023, brokerage charges of <\/span><span style=\"font-weight: 400;\">\u00a0\u20b915* on Stock Delivery, Intraday and F&amp;O will be applicable to you.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">All new investors opening a Trading and Demat account on Paytm Money after August 25, 2023, will be charged the new brokerage charges.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here\u2019s a quick look at the old &amp; new charges applicable from 25th August 2023:<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-4572 size-full\" src=\"https:\/\/paytmmoney.wpengine.com\/wp-content\/uploads\/2023\/08\/Transaction-Type-table-1.png\" alt=\"\" width=\"989\" height=\"710\" srcset=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2023\/08\/Transaction-Type-table-1.png 989w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2023\/08\/Transaction-Type-table-1-300x215.png 300w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2023\/08\/Transaction-Type-table-1-768x551.png 768w\" sizes=\"(max-width: 989px) 100vw, 989px\" \/><\/p>\n<p><strong>Note: NO CHANGE in brokerage for EXISTING USERS.<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Click here to check all the charges in detail \u2013 <\/span><a href=\"https:\/\/www.paytmmoney.com\/stocks\/pricing\"><span style=\"font-weight: 400;\">Paytm Money Pricing<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><strong>What\u2019s Next for Paytm Money?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Together with you, we\u2018ve had a fantastic three years since the launch of our equity and F&amp;O platforms and built a strong trading &amp; investing community.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We empowered your investment journey by introducing a lot of new products in these three years \u2013\u00a0 like Futures &amp; 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 &amp; trades.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, it\u2019s time for the next sprint. We\u2019re moving into the next phase of Paytm Money to welcome a community of 10 million investors. We\u2019d like you to help us innovate our trading &amp; investment platform and build it with us.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Please email us your suggestions and wish lists at feedback@paytmmoney.com. You could ask us about:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">New order types<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Technical studies &amp; tools<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Risk management products\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Portfolio analysis, reporting &amp; data visualization\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Customer service &amp; support\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Learning &amp; community\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Paytm Money is busy creating the next avatar with more premium features, a sharper focus on technology, faster execution; all at a bigger scale.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Excited? So are we! Get involved. Tell us what you want to see.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Still have questions about the charges? Below are a few FAQs to answer them. You can always write to us at <\/span><a href=\"mailto:exg.support@paytmmoney.com\"><span style=\"font-weight: 400;\">exg.support@paytmmoney.com<\/span><\/a><span style=\"font-weight: 400;\">\u00a0 in case you have any more questions.<\/span><\/p>\n<h2><b>Frequently Asked Questions (FAQs):<\/b><\/h2>\n<p><b>1. Are the new brokerage charges applicable to everyone?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Our new brokerage charges apply only to <\/span><b>new users.<\/b><span style=\"font-weight: 400;\"> A new user is anyone who opens a Demat &amp; Trading account on Paytm Money on or after 25th August, 2023. The new brokerage charges of <\/span><span style=\"font-weight: 400;\">\u20b920 per executed order of Stock Delivery\/Intraday\/F&amp;O is standard among the brokers in India.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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 <\/span><span style=\"font-weight: 400;\">of <\/span><span style=\"font-weight: 400;\">\u20b90* on Stock Delivery &amp; \u20b910 on Intraday\/F&amp;O, set at launch.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Those users who opened a Trading account &amp; Demat account between 25th August, 2023 to 25th August 2023 will continue to stay on brokerage charges <\/span><span style=\"font-weight: 400;\">of\u00a0 \u20b9<\/span><span style=\"font-weight: 400;\">15* on Stock Delivery, Intraday and F&amp;O.<\/span><b><\/b><\/p>\n<p><b>2. Who will continue trading with the old brokerage charges of <\/b><b>\u20b90* on Stock Delivery &amp; \u20b910 on Intraday\/F&amp;O<\/b><b>?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">If you are an existing user of Paytm Money who has <\/span><b>either<\/b><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Opened a <\/span><span style=\"font-weight: 400;\">Demat &amp; Trading account on Paytm Money before 5th of August 2022, OR<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Invested in Mutual Funds before 5th of August 2022\u00a0<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">You will continue to enjoy our old brokerage charges set at launch.<\/span><b><\/b><\/p>\n<p><b>3. Who will continue trading with the old brokerage charges of <\/b><b>\u20b915* on Stock Delivery, Intraday, and F&amp;O?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">If you are an existing user of Paytm Money who has opened a <\/span><span style=\"font-weight: 400;\">Demat &amp; Trading account on Paytm Money between 5th of August 2022 to 25th August, 2023, you will continue to enjoy our old brokerage charges of\u00a0 \u20b915* on Stock Delivery, Intraday, and F&amp;O.<\/span><b><\/b><\/p>\n<p><b>4. When do the new brokerage fees take effect?\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The new brokerage charges of <\/span><span style=\"font-weight: 400;\">\u20b920 per executed order of Stock Delivery\/Intraday\/F&amp;O <\/span><span style=\"font-weight: 400;\">are applicable from 25th August 2023 to all <\/span><b>new users<\/b><span style=\"font-weight: 400;\"> who open a Demat &amp; Trading account on Paytm Money on or after 25th August 2023.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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.\u00a0<\/span><b><\/b><\/p>\n<p><b>5. I started the Demat account opening before 25th August, 2023, but haven&#8217;t finished all of the steps yet. Would I be charged the new brokerage charges?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">If you started your Demat &amp; Trading account opening process before 25th August, 2023 &amp; haven\u2019t had a chance to complete it yet, you have a chance<\/span> <span style=\"font-weight: 400;\">to<\/span> <span style=\"font-weight: 400;\">take advantage of our current brokerage charges of \u20b915* on Stock Delivery, Intraday and F&amp;O. All you have to do is complete your KYC &amp; open a Demat account before <\/span><b>25th August, 2023.\u00a0<\/b><b><\/b><\/p>\n<p><b>6. I am already a Paytm Money user. Are the new brokerage charges applicable to me?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">No, if you already have a Paytm Money Demat &amp; Trading account, you will continue to enjoy the old brokerage rates.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you joined before 5th August 2022, brokerage charges of \u20b90* on Stock Delivery and \u20b910 per Intraday\/F&amp;O order will be applicable to you.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you joined after 5th August 2022 and before 25th August 2023, brokerage charges of <\/span><span style=\"font-weight: 400;\">\u00a0\u20b915* on Stock Delivery, Intraday and F&amp;O will be applicable to you.<\/span><\/li>\n<\/ol>\n<p><b>7. I opened my Demat account with Paytm Money before 25th August 2023; will I be charged the new brokerage charges?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">No, you will continue to enjoy the old brokerage rates as applicable at the time of your joining Paytm Money.\u00a0<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you joined before 5th August 2022, brokerage charges of \u20b90* on Stock Delivery and \u20b910 per Intraday\/F&amp;O order will be applicable to you.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you joined after 5th August 2022 and before 25th August 2023, brokerage charges of <\/span><span style=\"font-weight: 400;\">\u00a0\u20b915* on Stock Delivery, Intraday, and F&amp;O will be applicable to you.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Thank you for being part of our trading &amp; investment community!\u00a0<\/span><b><\/b><\/p>\n<p><b>8. I opened my Demat account with Paytm Money after 25th August 2023, will I be charged the new brokerage charges?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">If you started the process of opening your account on or after 25th August 2023, you will be charged the new brokerage charge of <\/span><span style=\"font-weight: 400;\">\u20b920 per executed order of Stock Delivery\/Intraday\/F&amp;O which is standard among the brokers in India.<\/span><b><\/b><\/p>\n<p><b>9. I started the Demat account opening process on 25th August 2023. Would I be charged the new brokerage charges?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Yes, you will be charged the new brokerage charge of <\/span><span style=\"font-weight: 400;\">\u20b920 per executed order of Stock Delivery\/Intraday\/F&amp;O which is standard among the brokers in India.<\/span><b><\/b><\/p>\n<p><b>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?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">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 \u20b915* on Stock Delivery, Intraday, and F&amp;O.\u00a0<\/span><b><\/b><\/p>\n<p><b>11. Are the new brokerage charges applicable to new users on both Paytm Stocks on Paytm app &amp;\u00a0 Paytm Money app?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new brokerage charge of <\/span><span style=\"font-weight: 400;\">\u20b920 per executed order of Stock Delivery\/Intraday\/F&amp;O is standard among brokers in India.<\/span><b><\/b><\/p>\n<p><b>12. I<\/b><b> am an existing user of Paytm Stocks. What brokerage charges are applicable to me if I continue investing through Paytm Stocks on Paytm app?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">You will continue to enjoy our old brokerage rates as applicable at the time of your signing up on Paytm Stocks app.\u00a0<\/span><b><\/b><\/p>\n<p><b>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?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">No, you will continue to enjoy our old brokerage rates as applicable at the time of your signing up on Paytm Stocks app.\u00a0<\/span><b><\/b><\/p>\n<p><b>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?<\/b><\/p>\n<p><b><\/b><span style=\"font-weight: 400;\">Yes, if you open your Demat &amp; Trading account on or after 25th August, the new brokerage charges of <\/span><span style=\"font-weight: 400;\">\u20b920 per executed order of Stock Delivery\/Intraday\/F&amp;O <\/span><span style=\"font-weight: 400;\">will be applicable to you. These charges are standard<\/span><span style=\"font-weight: 400;\"> among brokers in India.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In recognition of being early users on our equity platform, brokerage charges are NOT being increased for users who opened a Demat &amp; Trading account before 25th August 2023. 3 years ago, we started Paytm Money\u2019s equity platform with a mission to make investments &amp; trading accessible and affordable for India. We have been one<a href=\"https:\/\/www.paytmmoney.com\/blog\/brokerage-charges-increase-from-25th-aug-23-existing-users-will-continue-on-old-brokerage-charges\/\">Continue reading <span class=\"sr-only\">&#8220;Brokerage Charges Increase From 25th Aug \u201823. Existing Users Will Continue On Old Brokerage Charges&#8221;<\/span><\/a><\/p>\n","protected":false},"author":24,"featured_media":4571,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-classic-ns.php","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-4570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/4570","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\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=4570"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/4570\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/4571"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=4570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=4570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=4570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}