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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

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	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: Pay â‚¹0 brokerage for first 15 days and flat â‚¹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. 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.
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Groww vs Paytm Money Account Opening & AMC Charges

Groww Trading Account Opening Fee is Rs 0 (Free) 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 (Free)	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 20 per executed order or 2.5% whichever is low and Equity Intraday is Rs 20 per executed order or 0.05% whichever is low and Equity Options is Rs 20 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 20 per executed order or 2.5% whichever is low
Equity Intraday	Equity Intraday : Rs 20 per executed order or 0.05% whichever is lower	Equity Intraday : Rs 20 per executed order or 0.05% whichever is low
Equity Future	Equity Future : Rs 20 per executed order	Equity Future : Rs 20 per executed order or 0.01% whichever is low
Equity Options	Equity Options : Rs 20 per executed order	Equity Options : Rs 20 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 : -
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Groww vs Paytm Money Exchange Transaction Charges

Groww Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) . Paytm Money Exchange Transaction Charges Equity Future is BSE Rs 200 per Cr (0.002%) and Equity Options is NSE Rs 5300 per Cr (0.053%) (on premium) .

	Groww	Paytm Money
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : BSE Rs 200 per Cr (0.002%)
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)	Equity Options : NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures *	Currency Futures : -	Currency Futures : -
Currency Options	Currency Options : (on premium)	Currency Options : (on premium)
Commodity	Commodity : NA	Commodity : -
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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 and Call & Trade is Rs 100 .

	Groww	Paytm Money
Minimum Brokerage	Minimum Brokerage : Rs 20 or 0.05% per executed order	Minimum Brokerage : -
Call & Trade	Call & Trade : NA	Call & Trade : Rs 100
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-Rs. 30/month; Physical Statements/Documents-â‚¹300 per request + â‚¹300 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 : â‚¹0 (Free)	Account Opening Fee : Nil
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : Nil
AMC	AMC : â‚¹0 (Free)	AMC : Free - Zero maintenance charges
Dematerialisation Charges	Dematerialisation Charges : â‚¹150 per certificate + courier charges	Dematerialisation Charges : Rs 250 per 100 shares + depository charges
Rematerialisation Charges	Rematerialisation Charges : â‚¹150 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) : â‚¹8 + â‚¹5.50 (CDSL Charges) per ISIN	Transaction Charges (debit) : Rs 10 per ISIN
Pledge Creation Charges	Pledge Creation Charges : â‚¹20 + â‚¹12 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 : â‚¹20	Pledge Invocation Charges : Rs 10 per ISIN
Failed Instruction Charges	Failed Instruction Charges : â‚¹50 per ISIN	Failed Instruction Charges : -
Other Charges	Other Charges : KYC Modification: â‚¹50	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 9185024 and . Paytm Money Year of Incorporation is 2017 and Total Number of Clients is 814342 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 : 9,185,024	Total Number of Clients : 814,342
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
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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
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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 N Trade *	Call N Trade : NA	Call N 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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