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Market Wolf vs Paytm Money (Compare Market Wolf 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 Market Wolf vs Paytm Money, Below comparison of Market Wolf 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 Market Wolf vs Paytm Money is given below:

Market Wolf

Paytm Money

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	Market Wolf	Paytm Money

About The Brokers	Market Wolf : "Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market and can open Trading & Demat Account with Zero Account openi >>> 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 :	Market Wolf : OVERVIEW BROKERAGE	Paytm Money : OVERVIEW BROKERAGE
Type of Broker	Market Wolf : Discount Broker	Paytm Money : Discount Broker
Promo/offers	Market Wolf : 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	Market Wolf : Market Wolf offers free trading practices during the market trading hours without KYC verification. Thus, it is beneficial for novice traders to have knowledge about trading before starting investing in the stock market. The trader only pays 10% brokerage on profitable trade and zero brokerage on loss. Market Wolf accepts funds deposits via UPI, NEFT, RTGS, IMPS, Phonepe, GPay, and PayTM without any additional fees, and the trader allows users to deposit and withdraw funds from Market Wolf web and mobile app. There are 15+ charting styles to make the trading experience user-friendly, and the trader can set up up to 2 hours chart time frames to have better trading insight. Market Wolf offers a quick withdrawal process and the amount of credit within one business day. Market Wolf has inbuilt stop order features where the trader needs to set the percentage of the reward and risk (10%, 25%, 50% or 100%). The trade will be auto-squared off once the order crosses the predefined level. Market Wolf offers only high liquidity and quality stocks.	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	Market Wolf : Market Wolf trading app is not available for iOS users. It is currently available only for Android users. The free practice session on the Market Wolf platform is only available on mobile applications and not on web browsers. Market Wolf charges flat 10% brokerage on profit which is costly. Market Wolf doesn’t offer a 3-in-1 account facility. It only provides a free trading account. Market Wolf doesn’t offer other services such as mutual funds, IPO, Bonds, FDs, etc., except stock trading. Stop Trade sessions on Market Wolf take time to end the session as once the trader clicks on the icon “stop trade,” the system re-confirms the decision, which takes extra seconds and may change the overall profit or loss transactions. Market Wolf has leveraged up to 100% profit which may cause loss of capital amount if the trader is still learning and doesn’t fully understand the trading mechanism. Market Wolf doesn’t have exact charges for STT, transaction charges, SEBI, and Stamp charges; the amount is auto calculated while the trader confirms the trading amount. It can be a hassle for a newbie trader to understand the costs. The trader can add up to 5 stocks to the wish list. Market Wolf Web is not available for trading. The trader requires to use the Market Wolf mobile application to perform trading. Market Wolf is not suitable for advanced traders. Though there is zero brokerage on loss trade, the trader needs to pay SEBI charges, Stamp Duty, Exchange fee, and GST even if he didn’t earn profit. Market Wolf doesn’t allow the trader to hold the stocks. The trades get auto squared off at the end of the day if it doesn't meet the profit or loss auto stop level. Market Wolf is not offering to trade on the BSE segment. Though Market Wolf offers 24/7 customer care service, some days they take 1-2 business days to reply to a query.	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	Market Wolf : Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market with zero trading account opening and nil annual maintenance charges. Market Wolf offers real-time free practice trading sessions to all traders to ensure understanding of the trading mechanism before starting market trading. Market Wolf is developed with a risk management system offering a unique profit and stop-loss segment, helping manage the trading risks ensuring the trader never loses more than the percentage set in on a trade. Market Wolf charged brokerage only when the trader made a profit. Zero brokerage on losing the trade. Market Wolf offers minimum trading of INR 50 for Commodity and Currency trading, INR 100 for Indices trading, and INR 900 for stock trading. Market Wolf Android mobile application is developed with robust technology and a user-friendly interface, making it easier for beginners to understand trading quickly. Market Wolf e-KYC is power-packed with Legality, a digital execution of highly sensitive agreements. Market Wolf offers 24/7 customer care to all users via an in-app help center.	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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Market Wolf vs Paytm Money Account Opening & AMC Charges

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

	Market Wolf	Paytm Money
Trading Account Opening Fee	Trading Account Opening Fee : ₹0 (Free)	Trading Account Opening Fee : Rs 200
Demat Account Opening Fee	Demat Account Opening Fee : ₹0 (Free)	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : ₹0 (Free)	Demat Account AMC : Rs 0 (Free)
Trading Account AMC	Trading Account AMC : ₹0 (Free)	Trading Account AMC : Rs 300 (Annual Platform Fees)
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Market Wolf vs Paytm Money Brokerage Charges

Market Wolf Brokerage Charges Equity Delivery is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Intraday is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Options is ₹0 brokerage if loss | 10% of GP(Profitable Trade) . 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 .

	Market Wolf	Paytm Money
Plan Name	Plan Name : Market Wolf default Brokerage Plan	Plan Name : Basic Plan
Equity Delivery	Equity Delivery : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Delivery : Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Equity Intraday : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Intraday : Rs 20 per executed order or 0.05% whichever is low
Equity Future	Equity Future : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Future : Rs 20 per executed order or 0.01% whichever is low
Equity Options	Equity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Options : Rs 20 per executed order
Currency Futures	Currency Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Currency Futures : -
Currency Options	Currency Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Currency Options : -
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading : NA	Margin Trading : -
Commodity Futures	Commodity Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Commodity Futures : -
Commodity Options	Commodity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Commodity Options : -
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Market Wolf vs Paytm Money Exchange Transaction Charges

Market Wolf Exchange Transaction Charges Equity Future is NSE: 0.0019% and Equity Options is Rs 5000 per Cr (0.05%) (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) .

	Market Wolf	Paytm Money
Equity Delivery	Equity Delivery : NSE: 0.00325%	Equity Delivery : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE: 0.00325%	Equity Intraday : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE: 0.0019%	Equity Future : BSE Rs 200 per Cr (0.002%)
Equity Options *	Equity Options : Rs 5000 per Cr (0.05%) (on premium)	Equity Options : NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures *	Currency Futures : NSE: 0.0009% + Investor protection fund (0.037%)	Currency Futures : -
Currency Options	Currency Options : Rs 4000 per Cr (0.04%) (on premium)	Currency Options : (on premium)
Commodity	Commodity : Rs 260 per Cr (0.0026%)	Commodity : -
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Market Wolf vs Paytm Money Other Charges

Market Wolf Minimum Brokerage is NA and Call & Trade is NA . Paytm Money and Call & Trade is Rs 100 .

	Market Wolf	Paytm Money
Minimum Brokerage	Minimum Brokerage : NA	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) : -	DP Charges (on sell side) : ₹10/- per ISIN (incl the depository trans charges)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-â‚¹300 per request + â‚¹300 per Courier
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Market Wolf vs Paytm Money Features

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

	Market Wolf	Paytm Money
Trading Platform	Trading Platform : Mobile, WEB	Trading Platform : Paytm Money mobile app, Paytm Money website
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : No
Trading Alerts	Trading Alerts : No	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 : Brokerage if Makes Profit	Unique features & Offers : -
Referral Program	Referral Program : Yes	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
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Market Wolf vs Paytm Money Demat Account Charges

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

	Market Wolf	Paytm Money
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹0 (Free)	Account Opening Fee : Nil
Advance Deposit	Advance Deposit : ₹0	Advance Deposit : Nil
AMC	AMC : ₹0 (Free)	AMC : Free - Zero maintenance charges
Dematerialisation Charges	Dematerialisation Charges : -	Dematerialisation Charges : Rs 250 per 100 shares + depository charges
Rematerialisation Charges	Rematerialisation 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) : -	Transaction Charges (debit) : Rs 10 per ISIN
Pledge Creation Charges	Pledge Creation 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 : -	Pledge Invocation Charges : Rs 10 per ISIN
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : -
Other Charges	Other Charges : -	Other Charges : Off-market transfers - Rs 10 per ISIN
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Market Wolf vs Paytm Money Basic Details

Market Wolf Year of Incorporation is 2017 and Total Number of Clients is 201948 and Total Number of Branches is NA . Paytm Money Year of Incorporation is 2017 and Total Number of Clients is 814342 and Total Number of Branches is 1 .

	Market Wolf	Paytm Money
Year of Incorporation	Year of Incorporation : 2017	Year of Incorporation : 2017
Active Exchange Memberships	Active Exchange Memberships : NSE and MCX	Active Exchange Memberships : NSE & BSE
Demat Services	Demat Services : CDSL	Demat Services : Yes
Website	Website : https://marketwolf.com/	Website : www.paytmmoney.com
Contact Details	Contact Details : +91 8591308916	Contact Details : 080 4625 3716
Total Number of Clients	Total Number of Clients : 201,948	Total Number of Clients : 814,342
Total Number of Branches	Total Number of Branches : NA	Total Number of Branches : 1
Products *	Products : Equity, Commodity, Currency, IPO	Products : Mutual Fund, Broking , NPS , Digital Gold
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Market Wolf vs Paytm Money Orders

Orders

	Market Wolf	Paytm Money
Cover Orders (CO)	Cover Orders (CO) : -	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : -	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : -	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) : Yes	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : No
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Market Wolf vs Paytm Money Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Market Wolf	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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Market Wolf vs Paytm Money Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Market Wolf	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 : -
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Market Wolf vs Paytm Money Product & Services

Market Wolf 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:

	Market Wolf	Paytm Money
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : NA	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 : NSE ONLY	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 : No	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : No
IPO Investment *	IPO Investment : No	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : No	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : No	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : No
Market Trading *	Market Trading : No	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No
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Market Wolf vs Paytm Money Customer Services

Market Wolf 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:

	Market Wolf	Paytm Money
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : No
Customer Care *	Customer Care : Info Not Available	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 : Yes	24/7 Support : No
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Market Wolf vs Paytm Money Other Investement

Market Wolf 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:

	Market Wolf	Paytm Money
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : No
Investment in ETFs *	Investment in ETFs : No	Investment in ETFs : No
Investment in Mutual Funds *	Investment in Mutual Funds : No	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
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Market Wolf vs Paytm Money Trading Platform

Market Wolf 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:

	Market Wolf	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 : No	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : No	iPhone Mobile App : Yes
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