Finec | Stock Broker, Sub Broker, Portfolio Management & moreFind a Comparison of Paytm Money vs Fyers 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 Fyers.
| Company Overview | Paytm Money | Fyers |
|---|---|---|
| Company Type | Private | Private |
| Headquarters | Bangalore | Bangalore |
| Founder | Vijay Shekhar Sharma | Tejas Khoday, Shreyas Khodey & Yashas Khodey |
| Establishment Year | 2019 | 2015 |
| Brokerage | Paytm Money | Fyers |
|---|---|---|
| Brokerage Plan | Standard Plan | Standard Plan |
| Subscription Charges | Zero | Zero |
| Equity Delivery | Rs.15 per Trade & 2.5% (whichever is low) | Free |
| Equity Intraday | Rs.15 per Trade or 0.05% (whichever is Low) | Rs.20 per Trade or 0.03% (whichever is Low) |
| Equity Future | Rs.15 per Trade or 0.02% (whichever is low) | Rs.20 per Trade or 0.03% (whichever is low) |
| Equity Option | Rs.15 per Trade | Rs.20 per Trade |
| Commodity Future | NA | Rs.20 per Trade or 0.03% (whichever is low) |
| Commodity Option | NA | Rs.20 per Trade |
| Currency Future | NA | Rs.20 per Trade or 0.03% (whichever is low) |
| Currency Option | NA | Rs.20 per Trade |
| Trading Platforms | Paytm Money | Fyers |
|---|---|---|
| Android App | Paytm Money Android App Link | Fyers Android App Link |
| iOS App | Paytm Money iOS App Link | Fyers iOS App Link |
| Web Trading Platform | Paytm Money Web Trading Link | Fyers Web Trading Link |
| Trading Terminal | NA | Available |
| Algo Trading Platform | Available | Available |
| Foreign Stocks Trading Platform | NA | NA |
| Basket Trading Platform | NA | Available |
| Mutual Fund Investment Platform | Available | Available |
| Digital Gold Investment Platform | NA | NA |
| Bonds Investment Platform | NA | NA |
| Trading Features | Paytm Money | Fyers |
|---|---|---|
| Wishlist | Yes | Yes |
| Real Time Updates | Yes | Yes |
| Portfolio Details | Yes | No |
| 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 |
| Offers | Paytm Money | Fyers |
|---|---|---|
| Free Account Opening | No | Yes |
| Free AMC | No | Yes |
| Free Brokerage | No | Yes, Limited |
| Flat Brokerage | Yes | Yes |
| Flexible Brokerage Plans | No | No |
| Happy Trading Hours | No | No |
| Free Delivery Trading | No | Yes |
| Free Intraday Trading | No | No |
| Free F&O Trading | NA | No |
| Free Research Reports | No | No |
| Free Trading calls | No | No |
| Referral Offers | Yes | 20% of Revenue |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | No |
| Zero Brokerage for Loss Making Trades | No | No |
| Products Provided | Paytm Money | Fyers |
|---|---|---|
| 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 | Yes |
| Banking | No | No |
| Insurance | No | No |
| Corporate Bonds | No | No |
| Govt. Bonds | No | Yes |
| Digital Gold | No | No |
| Services Provided | Paytm Money | Fyers |
|---|---|---|
| Demat Services | Yes | Yes |
| Trading Services | Yes | Yes |
| Intraday Services | Yes | Yes |
| F&O Services | Yes | Yes |
| IPO Services | Yes | Yes |
| 3 in 1 Account | No | No |
| Stock Research | No | No |
| Stock Recommendations | No | No |
| Trading Institution | No | Yes, School of Stocks |
| Share Pledging | Yes | Yes |
| PMS or PCG | No | No |
| NRI Services | No | No |
| Advisory | Paytm Money | Fyers |
|---|---|---|
| Fundamental Reports | No | Yes |
| Research Reports | No | Yes, chargeable |
| Company Reports | No | Yes, chargeable |
| Annual Reports | No | No |
| IPO Reports | No | No |
| Technical Reports | No | No |
| Stock Tips | No | Yes, chargeable |
| Daily Top Stock Picks | No | Yes, chargeable |
| Daily Market Review | No | Yes, chargeable |
| Monthly Review | No | No |
| Weekly Review | No | Yes, chargeable |
| Relationship Manager | No | No |
| Robo Advisory | No | No |
| Exposure | Paytm Money | Fyers |
|---|---|---|
| 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 |
| Programs | Paytm Money | Fyers |
|---|---|---|
| Sub Broker Program | Yes | Yes, Limited |
| Partner Program | Yes | Yes |
| Referral Program | Yes | Yes |
| Ratings | Paytm Money | Fyers |
|---|---|---|
| Overall Rating | 8.85 / 10 | 8.20 / 10 |
| Customer Support | 8.81 / 10 | 8.16 / 10 |
| Technology | 8.95 / 10 | 8.29 / 10 |
| Charges | 8.88 / 10 | 8.23 / 10 |
| Products & Service | 8.79 / 10 | 8.15 / 10 |
| Experience | 8.77 / 10 | 8.13 / 10 |
| Customer Support | Paytm Money | Fyers |
|---|---|---|
| Trading Support | Available, Chargeable | Available, Chargeable |
| Dedicated Dealer | Available, Chargeable | NA |
| Call Support | 080-46253716 | 080-60001111 |
| Email Support | [email protected] | [email protected] |
| 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 | NA |
| Complaints | Paytm Money | Fyers |
|---|---|---|
| Total Complaints Lodged | 195 | 132 |
| Total Complaints Resolved | 172 | 118 |
| % of Resolved Complaints | 88.21% | 89.39% |
| Non Actionable Complaints | 18 | 10 |
| % of Non Actionable Complaints | 9.23% | 7.58% |
| Demat Charges | Paytm Money | Fyers |
|---|---|---|
| Account Opening Charges | Rs.200 | Free |
| Annual Maintenance Charges (AMC) | Free | Free (limited period offer) |
| STT & CTT | Paytm Money | Fyers |
|---|---|---|
| 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 | 0.01% on sell (Non-Agri) |
| Commodity Option | NA | 0.05% on sell |
| Currency Future | NA | Nil |
| Currency Option | NA | Nil |
| Stamp Duty | Paytm Money | Fyers |
|---|---|---|
| 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 |
| Transaction Charges | Paytm Money | Fyers |
|---|---|---|
| Equity Delivery | 0.00345% (NSE) & 0.00375% (BSE) | 0.00325% (NSE) 0.00375% (BSE) |
| Equity Intraday | 0.00345% (NSE) & 0.00375% (BSE) | 0.00325% (NSE) 0.00375% (BSE) |
| Equity Future | 0.002% (NSE & BSE) | 0.0019% (NSE & BSE) |
| Equity Option | 0.053% (on premium) | 0.05% (on premium) |
| Commodity Future | NA | 0.0026% (Non-Agri) |
| Commodity Option | NA | 0.05% (Non Agri) |
| Currency Future | NA | 0.0009% (NSE) |
| Currency Option | NA | 0.035% (NSE) |
| Pledge Charges | Paytm Money | Fyers |
|---|---|---|
| Pledge Creation Charges | Rs.15 per Request | Nil |
| Pledge Invocation Charges | Rs.15 per Request | Nil |
| Interest on Margin Trading | 0.049% per day | Nil |
| Hidden Charge | Paytm Money | Fyers |
|---|---|---|
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) | Rs.10/ Crore (All Segment) |
| DP Charges | Rs.13.5 per Scrip only on Sell | Rs.15 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 | Nil |
| Call & Trade Charges | Rs.100 per Trade | Rs.50 per Trade |
Compare more Stock Brokers Now!
By adding your Name & Mobile Number in this Form, you accept Finec T&C, you authorize Finec, its representatives, agents & Partners to provide information about various products, offers and services provided by Finec & its Partners, through any mode including telephone calls, SMS, e-mail, letters & any other mode of communication. You also confirm that laws in relation to unsolicited communication referred in “National Do Not Call Registry" as laid down by “Telecom Regulatory Authority of India" will not be applicable for such information/ communication.