Paytm Money vs Choice Broking – Compare Charges, Trading Features, Offers & more

Find a Comparison of Paytm Money vs Choice Broking here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Paytm Money and Choice Broking.

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Paytm Money vs Choice Broking – Company Overview

Company Overview Paytm Money Choice Broking
Company Type Private Private
Headquarters Bangalore Mumbai
Founder Vijay Shekhar Sharma Kamal Poddar
Establishment Year 2019 2010

Compare the Brokerage of Paytm Money and Choice Broking

Brokerage Paytm Money Choice Broking
Brokerage Plan Standard Plan Standard Plan
Subscription Charges Zero Zero
Equity Delivery Rs.15 per Trade & 2.5% (whichever is low) 0.2% of Transaction Value
Equity Intraday Rs.15 per Trade or 0.05% (whichever is Low) 0.02% of Transaction Value
Equity Future Rs.15 per Trade or 0.02% (whichever is low) 0.02% of Transaction Value
Equity Option Rs.15 per Trade Rs.25 per lot
Commodity Future NA 0.02% of Transaction Value
Commodity Option NA Rs.50 per lot
Currency Future NA 0.02% of Transaction Value
Currency Option NA Rs.20 per lot

Paytm Money vs Choice Broking – Trading Platforms

Trading Platforms Paytm Money Choice Broking
Android App Paytm Money Android App Link Choice Broking Android App Link
iOS App Paytm Money iOS App Link Choice Broking iOS App Link
Web Trading Platform Paytm Money Web Trading Link Choice Broking Web Trading Link
Trading Terminal NA NA
Algo Trading Platform Available NA
Foreign Stocks Trading Platform NA NA
Basket Trading Platform NA NA
Mutual Fund Investment Platform Available NA
Digital Gold Investment Platform NA NA
Bonds Investment Platform NA NA

Comparison of Paytm Money and Choice Broking – Trading Features

Trading Features Paytm Money Choice Broking
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes No
Research Reports Yes Yes
Global indices Yes No
Customised Recommendations No Yes
Stock tips No Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No No
Robust & Secure Platform Yes Yes

Compare Paytm Money vs Choice Broking Offers

Offers Paytm Money Choice Broking
Free Account Opening No Yes
Free AMC No No
Free Brokerage No No
Flat Brokerage Yes No
Flexible Brokerage Plans No No
Happy Trading Hours No No
Free Delivery Trading No No
Free Intraday Trading No No
Free F&O Trading NA No
Free Research Reports No No
Free Trading calls No No
Referral Offers Yes Upto Rs. 100 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Paytm Money vs Choice Broking – Products Provided

Products Provided Paytm Money Choice Broking
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option No Yes
Commodity Future No Yes
Currency Option No Yes
Currency Future No Yes
Foreign Stocks No No
Mutual Funds Yes No
Banking No
Insurance No Yes
Corporate Bonds No No
Govt. Bonds No No
Digital Gold No No

Paytm Money vs Choice Broking – Services Provided

Services Provided Paytm Money Choice Broking
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes No
3 in 1 Account No No
Stock Research No Yes
Stock Recommendations No Yes
Trading Institution No No
Share Pledging Yes Yes
PMS or PCG No No
NRI Services No No

Compare Paytm Money and Choice Broking Advisory

Advisory Paytm Money Choice Broking
Fundamental Reports No Yes
Research Reports No Yes
Company Reports No Yes
Annual Reports No Yes
IPO Reports No No
Technical Reports No No
Stock Tips No Yes
Daily Top Stock Picks No Yes
Daily Market Review No No
Monthly Review No Yes
Weekly Review No No
Relationship Manager No Yes
Robo Advisory No No

Comparison of Paytm Money and Choice Broking Exposure

Exposure Paytm Money Choice Broking
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of Paytm Money & Choice Broking

Programs Paytm Money Choice Broking
Sub Broker Program Yes Yes
Partner Program Yes Yes
Referral Program Yes Yes

Paytm Money vs Choice Broking – Ratings by Finec

Ratings Paytm Money Choice Broking
Overall Rating 8.85 / 10 8.63 / 10
Customer Support 8.81 / 10 8.59 / 10
Technology 8.95 / 10 8.73 / 10
Charges 8.88 / 10 8.66 / 10
Products & Service 8.79 / 10 8.58 / 10
Experience 8.77 / 10 8.56 / 10

Compare Customer Support of Paytm Money and Choice Broking

Customer Support Paytm Money Choice Broking
Trading Support Available, Chargeable Available, Free
Dedicated Dealer Available, Chargeable Available, Free
Call Support 080-46253716 022-67079999
Email Support info@paytmmoney.com customercare@choiceindia.com
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support NA Telegram Support Link
Branches / Offices NA Available

Comparison of Paytm Money & Choice Broking Complaints

Complaints Paytm Money Choice Broking
Total Complaints Lodged 195 78
Total Complaints Resolved 172 69
% of Resolved Complaints 88.21% 88.46%
Non Actionable Complaints 18 6
% of Non Actionable Complaints 9.23% 7.69%

Compare Demat Charges of Paytm Money vs Choice Broking

Demat Charges Paytm Money Choice Broking
Account Opening Charges Rs.200 Free
Annual Maintenance Charges (AMC) Free Rs.200 – Rs.3000 (First year free)

Paytm Money vs Choice Broking – Compare STT & CTT

STT & CTT Paytm Money Choice Broking
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.0625% on sell (on premium) 0.0625% on sell (on premium)
Commodity Future NA 0.05% on sell side
Commodity Option NA 0.05% on sell
Currency Future NA Nil
Currency Option NA Nil

Compare Stamp Duty of Paytm Money and Choice Broking

Stamp Duty Paytm Money Choice Broking
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future NA 0.002% on buy
Commodity Option NA 0.003% on buy
Currency Future NA 0.0001% on buy
Currency Option NA 0.0001% on buy

Paytm Money vs Choice Broking – Transaction Charges

Transaction Charges Paytm Money Choice Broking
Equity Delivery 0.00345% (NSE) & 0.00375% (BSE) 0.00325% (NSE & BSE)
Equity Intraday 0.00345% (NSE) & 0.00375% (BSE) 0.00325% (NSE & BSE)
Equity Future 0.002% (NSE & BSE) 0.0019% (NSE & BSE)
Equity Option 0.053% (on premium) 0.053% (on premium)
Commodity Future NA 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)
Commodity Option NA 0.05% (Non Agri)
Currency Future NA 0.0009% (NSE) & 0.00025% (BSE)
Currency Option NA 0.037% (NSE) & 0.001% (BSE)

Compare Pledge Charges of Paytm Money & Choice Broking

Pledge Charges Paytm Money Choice Broking
Pledge Creation Charges Rs.15 per Request Rs.50 per Request or 0.02% of Value (whichever is higher)
Pledge Invocation Charges Rs.15 per Request Rs.100 per Request or 0.05% of Value (whichever is higher)
Interest on Margin Trading 0.049% per day 0.05% per day

Comparison of Paytm Money and Choice Broking – Hidden Charge

Hidden Charge Paytm Money Choice Broking
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.13.5 per Scrip only on Sell Rs.10 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Nil Nil
Reactivation Charges Nil Nil
Dematerialisation Charges Rs.250 per 100 Certificate Rs.10 per certificate
Call & Trade Charges Rs.100 per Trade Rs.30 per Trade

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