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Groww vs Paytm Money (Compare Groww and Paytm Money)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Groww vs Paytm Money, Below comparison of Groww vs Paytm Money highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Groww vs Paytm Money is given below:

Groww Paytm Money
About The Brokers
Groww :

"Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas   >>> more

Paytm Money :

"Paytm Money is a newly launched direct mutual fund distribution and stockbroking arm of the popular digital wallet of India with the intent to provide a fully digital   >>> more

Find More Information about the Broker :
Groww :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
Paytm Money :
OVERVIEW BROKERAGE
Type of Broker
Groww :
 Discount Broker
Paytm Money :
 Discount Broker
Promo/offers
Groww :
N/A
Paytm Money :
Special Offer: Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. Get the offer
Advantage
Groww :
  •  Free research services
  •  No DP charges on buy & low brokerage.
  •  Commission Free mutual fund investment
  •  Free Demat & Trading account, No charges on account opening
  •  Zero Clearing Charges
  •  Zero Demat AMC Charges
  •  Option to invest online in gold etfs, SGBs & gold funds
Paytm Money :
  •  Free Delivery Trade
  •  Lowest Brokerage charges on Intrady & F&O at Rs 10 Per Trade.
  •  commission Free mutual fund investment
  •  Zero Maintenance Charges both Demat & Trading account
  •  Instant digital account opening
  •  Provide opportunity to invet in digital gold and NPS
  •  Simple and robust trading platforms.
Disadvantage
Groww :
  •  Does not provide a 3in1 account facility.
  •  Does not provide commodity Trading
  •  Does not provide trading options: Bracket, GTT orders, etc
  •  does not provide Margin trading facility
  •  No Call and Trade services
  •  No Margin against shares
  •  Does not offer NRI Trading
Paytm Money :
  •  No Offline Branch Support
  •  Does not provide a 3in1 account facility.
  •  Does not provide commodity Trading
  •  does not provide trading options: GTC (Good Till Cancelled) & GTT orders
  •  Do not Offer NRI Trading
  •  No Margin Trading Facility
  •  ₹300/- per annum Charges for Using the Trading Platform
  •  Very Costly Call & Trade Facility at ₹300/- per executed order
  •  Charges on Funds Transfer @ ₹10 per fund addition , no charges on UPI Transfe₹
Why This
Groww :
  •  Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade.
  •  Equity intraday trade at Rs. 20 or 0.05% (whichever is lower)
  •  Groww provides mutual funds investment at Zero Fees, No transaction charges,
  •  100% paperless online Demat account opening
  •  128 bit SSL Encryption
  •  Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost
  •  No DP charges on buy.
  •  Highly rated Groww mobile App
  •  Facility to invest in US Stocks
Paytm Money :
  •  Free Delivery Trade, Paytm Money does not charge any brokerage on Delivery trade.
  •  They offer the lowest charges on Equity intraday trade which is at ₹ 10 or 0.05% (whichever is lower)
  •  Paytm Money provides mutual funds investment at Zero Commission, No transaction charges,
  •  100% paperless online Demat account opening
  •  128 bit SSL Encryption for data Security
  •  Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost
  •  In-depth financial and historical price data for every listed company which enables investors to research the stock market on their own
  •  Users can automate stock investing by setting buy orders on a weekly or monthly basis
  •  Facility to invest online in digital gold and NPS along with stocks, derivatives, and MFs
  •  Advanced charts and other options like cover order and bracket order are available
  •  Online IPO application.
  •  Brokerage Calculator
  •  Provides Mutual Fund Investment Advisory Services.
Open Account

Groww vs Paytm Money Account Opening & AMC Charges

Groww Trading Account Opening Fee is Rs 0 and Paytm Money Trading Account Opening Fee is Rs 200 . Groww Demat Account AMC is Rs 0 and Paytm Money Demat Account AMC is Rs 0 (Free) .

Groww Paytm Money
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0

Trading Account Opening Fee :

Rs 200

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0

Demat Account Opening Fee :

Rs 0 (Free)

Demat Account AMC Demat Account AMC :

Rs 0

Demat Account AMC :

Rs 0 (Free)

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 300 (Annual Platform Fees)

Open Account Open Account

Groww vs Paytm Money Brokerage Charges

Groww Brokerage Charges Equity Delivery is Rs 20 per executed order or 0.05% whichever is lower and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order . Paytm Money Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Lower of 0.05% or Rs 10 per executed order and Equity Options is Rs 10 per executed order .

Groww Paytm Money
Plan Name Plan Name :

Basic Plan

Plan Name :

Basic Plan

Equity Delivery Equity Delivery :

Rs 20 per executed order or 0.05% whichever is lower

Equity Delivery :

Rs 0 (Free)

Equity Intraday Equity Intraday :

Rs 20 per executed order or 0.05% whichever is lower

Equity Intraday :

Lower of 0.05% or Rs 10 per executed order

Equity Future Equity Future :

Rs 20 per executed order

Equity Future :

Rs 10 per executed order

Equity Options Equity Options :

Rs 20 per executed order

Equity Options :

Rs 10 per executed order

Currency Futures Currency Futures :

NA

Currency Futures : -
Currency Options Currency Options :

NA

Currency Options : -
Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

Margin Trading Margin Trading : - Margin Trading : -
Commodity Futures Commodity Futures :

NA

Commodity Futures : -
Commodity Options Commodity Options :

NA

Commodity Options : -
Open Account Open Account

Groww vs Paytm Money Exchange Transaction Charges

Groww Exchange Transaction Charges Equity Future is NSE: 002% and Equity Options is NSE: 0.053% on premium . Paytm Money Exchange Transaction Charges Equity Future is Rs 200 per Cr (0.002%) and Equity Options is Rs 5,300 per Cr (0.053%) on premium .

Groww Paytm Money
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Delivery :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Future * Equity Future :

NSE: 002%

Equity Future :

Rs 200 per Cr (0.002%)

Equity Options * Equity Options :

NSE: 0.053% on premium

Equity Options :

Rs 5,300 per Cr (0.053%) on premium

Currency Futures * Currency Futures :

NA

Currency Futures : -
Currency Options Currency Options :

NA

Currency Options : -
Commodity Commodity :

NA

Commodity : -
Open Account Open Account

Groww vs Paytm Money Other Charges

Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA . Paytm Money Minimum Brokerage is Rs 0.01 per executed order on Equity Delivery trades and Call & Trade is Rs 300 .

Groww Paytm Money
Minimum Brokerage Minimum Brokerage :

Rs 20 or 0.05% per executed order

Minimum Brokerage :

Rs 0.01 per executed order on Equity Delivery trades

Call & Trade Call & Trade :

NA

Call & Trade :

Rs 300

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹8 + ₹5.50 (CDSL Charges) per ISIN

DP Charges (on sell side) :

₹10/- per ISIN (incl the depository trans charges)

Other Miscellaneous Charges Other Miscellaneous Charges :

Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50

Other Miscellaneous Charges :

Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - Rs 300 per request + Rs 300 per Courier

Open Account Open Account

Groww vs Paytm Money Features

Groww and Paytm Money both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Groww Paytm Money
Trading Platform Trading Platform :

Groww

Trading Platform :

Paytm Money mobile app, Paytm Money website

Placing orders through charts Placing orders through charts :

No

Placing orders through charts :

No

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

No

Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program : - Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

No

Margin Against Shares (Equity F&O) :

No

Open Account Open Account

Groww vs Paytm Money Demat Account Charges

A comparative table of various demat account charges between Groww and Paytm Money is below:

Groww Paytm Money
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Rs 0 (Free)

Account Opening Fee :

Nil

Advance Deposit Advance Deposit :

Rs 0

Advance Deposit :

Nil

AMC AMC :

Rs 0 (Free)

AMC :

Free - Zero maintenance charges

Dematerialisation Charges Dematerialisation Charges :

Rs 150 per certificate + courier charges

Dematerialisation Charges :

Rs 250 per 100 shares + depository charges

Rematerialisation Charges Rematerialisation Charges :

Rs 150 per certificate + courier charges

Rematerialisation Charges :

Rs 250 per 100 shares + depository charges

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

Rs 8 + Rs 5.50 (CDSL Charges) per ISIN

Transaction Charges (debit) :

Rs 10 per ISIN

Pledge Creation Charges Pledge Creation Charges :

Rs 20 + Rs 12 per request (CDSL Charges)

Pledge Creation Charges :

Rs 10 per ISIN

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges : - Pledge Creation Confirmation Charges : -
Pledge Invocation Charges Pledge Invocation Charges :

Rs 20

Pledge Invocation Charges :

Rs 10 per ISIN

Failed Instruction Charges Failed Instruction Charges :

Rs 50 per ISIN

Failed Instruction Charges : -
Other Charges Other Charges :

KYC Modification: Rs 50

Other Charges :

Off-market transfers - Rs 10 per ISIN

Open Account Open Account

Groww vs Paytm Money Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 4268383 and . Paytm Money Year of Incorporation is 2017 and Total Number of Clients is 467814 and Total Number of Branches is 1 .

Groww Paytm Money
Year of Incorporation Year of Incorporation :

2016

Year of Incorporation :

2017

Active Exchange Memberships Active Exchange Memberships :

NSE and BSE

Active Exchange Memberships :

NSE & BSE

Demat Services Demat Services :

No

Demat Services :

Yes

Website Website : https://groww.in/ Website : www.paytmmoney.com
Contact Details Contact Details : - Contact Details :

080 4625 3716

Total Number of Clients Total Number of Clients :

4,268,383

Total Number of Clients :

467,814

Total Number of Branches Total Number of Branches : - Total Number of Branches :

1

Products * Products :

GROWW MOBILE APP

Products :

Mutual Fund, Broking , NPS , Digital Gold

Open Account Open Account

Groww vs Paytm Money Orders

Orders

Groww Paytm Money
Cover Orders (CO) Cover Orders (CO) :

No

Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

No

Bracket orders / One Cancels Other (BO / OCO) :

Yes

After Market Orders (AMO) After Market Orders (AMO) :

No

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

No

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

No

Open Account Open Account

Groww vs Paytm Money Research and Advice / Trading Tips

Research and Advice / Trading Tips

Groww Paytm Money
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation :

No

Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile :

No

Comparison * Comparison :

No

Comparison :

No

Free Tips * Free Tips :

No

Free Tips :

No

Daily Market report * Daily Market report :

No

Daily Market report :

No

ETF research * ETF research :

No

ETF research :

No

Quarterly Results * Quarterly Results :

No

Quarterly Results :

No

Open Account Open Account

Groww vs Paytm Money Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Groww Paytm Money
Availability for franchisee / AP Availability for franchisee / AP :

NA

Availability for franchisee / AP : -
Investment required for Franchisee / AP Investment required for Franchisee / AP :

NA

Investment required for Franchisee / AP : -
Open Account Open Account

Groww vs Paytm Money Product & Services

Groww and Paytm Money both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Groww Paytm Money
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

No

Margin Trading :

No

Call in Trade * Call in Trade :

NA

Call in Trade :

Rs 300 Per call

Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges :

Yes

Limit Order * Limit Order :

Yes

Limit Order : -
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

No

NRI Services :

No

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

No

Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan :

No

IPO Investment * IPO Investment :

YES

IPO Investment :

Yes

Portfolio Analysis * Portfolio Analysis :

NO

Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features :

No

Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator :

Yes

Margin Calculator :

No

Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

No

Bracket Orders & Trailing Stop Loss :

Yes

Equity Future & Option Trading * Equity Future & Option Trading :

No

Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading :

No

Currency Future & Option Trading :

No

Market Trading * Market Trading :

Yes

Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading :

No

Open Account Open Account

Groww vs Paytm Money Customer Services

Groww and Paytm Money both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

Groww Paytm Money
Toll Free Number * Toll Free Number :

No

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

No

Live Chat Facility :

No

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

No

Branch Offices :

No

Customer Care * Customer Care :

No

Customer Care :

No

Community Service * Community Service :

No

Community Service :

No

Relationship Manager * Relationship Manager :

No

Relationship Manager :

No

24/7 Support * 24/7 Support :

No

24/7 Support :

No

Open Account Open Account

Groww vs Paytm Money Other Investement

Groww and Paytm Money both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

Groww Paytm Money
Commodity Trading * Commodity Trading :

No

Commodity Trading :

No

Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs :

No

Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds :

No

Investment in Bonds :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

No

Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services :

No

Insurance Services :

No

Banking Services * Banking Services :

No

Banking Services :

No

Open Account Open Account

Groww vs Paytm Money Trading Platform

Groww and Paytm Money both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Groww Paytm Money
Web Platform * Web Platform :

Yes

Web Platform :

Yes

Android Mobile App * Android Mobile App :

Yes

Android Mobile App :

Yes

Desktop Windows * Desktop Windows :

No

Desktop Windows :

No

Desktop Mac * Desktop Mac :

No

Desktop Mac :

No

I-Pad App * I-Pad App :

Yes

I-Pad App :

Yes

Virtual Trading * Virtual Trading :

No

Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

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