Paytm Money App Review – Top Features, Charges, Benefits, Download, Login & more
Now that you understand how convenient on-the-go trading and investing are, you no longer want to be tied down to the desk to trade profitably.
Therefore, you are looking for a fintech, mobile-friendly trading application. The Paytm Money Trading App is the best result you can get from your research.
However, the Indian masses are still sceptical about trading and investing digitally. So, in this Paytm Money App Review, you can analyze the trading app as a medium for trading and investments.
About Paytm Money Mobile App
Although it’s not long since Paytm Money was established, it has successfully attracted modern-day, tech-savvy clients with the Paytm Money App.
With thousands of individuals using the on-the-go trading app regularly, it has expanded from a mere payment to a trading, investment, and wealth management app.
Paytm Money was initially designed to help users invest in mutual funds, but recently, it introduced a stock trading feature.
With this revolutionized application, traders can effortlessly access equities, mutual funds, futures & options, IPOs, debt instruments, NPS investment, and much more.
Moreover, the app is designed with unique and innovative features, including market research and analysis, stock price alerts and notifications, trading view charts, options trading, F&O dashboard, and much more.
Paytm Money App – Top Features
This Paytm Money Mobile App Review is your one-stop destination to learn what features you can avail of when using the app:
Stock SIP: The app has a separate section for stock SIP that allows users to invest small amounts in the stocks at regular intervals. You don’t need a large lump sum to start investing in the stock SIPs.
Quick and easy stock market investments: You can quickly and easily trade in varied stocks with easy navigation and few clicks.
Moreover, the application allows users to see the financial and historical prices of the stocks for all listed companies to make an informed decision.
Accessing mutual funds at the fingertips: Originally launched as a mutual fund application, Paytm Money allows investors to start investment in mutual fund SIPs with as small an amount as 100 INR.
Additionally, by going through a digital KYC process, you can access over 38 AMCs.
Advanced trade orders: A registered user with an official demat and trading account can use the app to explore multiple advanced trade orders, including GTT, OCO, bracket orders, and cover orders.
In addition, the app features the GTT buy-and-sell order, which sets up instructions to aid users in placing buy-or-sell orders valid for at least a year.
Stock price alerts and notifications: It’s inconvenient to check the app repeatedly to know when stocks or indices reach specific prices.
Paytm Money allows you to set alerts and get notifications whenever the stock you are interested in reaches a particular price.
Voice trading: The mobile-friendly app has a Voice Trading feature allowing users to trade via voice commands rather than wasting their time typing the search term or phrase.
Trading view charts: Paytm Money application makes it possible for users to analyze the stock market trends by using its trading view charts feature along with chart IQ.
Future and option dashboard: The app features a dedicated future and option dashboard, which allows users to analyze F&O in real-time and make rational decisions.
Nifty and Bank Nifty options strategies: Paytm Money has been upgraded with a separate F&O dashboard with simplified options trading.
Viewing Nifty and Bank Nifty options trading strategies is another attractive feature you can’t miss out on to make the best use of the app.
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How to Download Paytm Money App & Invest in It?
| Android App | Download Paytm Money Android App |
| iOS App | Download Paytm Money iOS APP |
After learning about the features, have you decided to proceed with the Paytm Money App Download process? Read further to learn the vital steps to use the application:
- This app downloading process commences with opening the Play Store or App Store on your smart device.
- The next step requires you to browse for the Paytm Money app in the search box.
- You can find the specific application with the official Paytm Money logo at the top of the search results.
- On tapping the official application, you can view the blue-colored Install option.
- The app will start downloading as soon as you press the Install icon.
- Once it’s installed on your device, you can open the trading app.
- To use the application, you must set up a demat account.
How to Login Paytm Money App & use it for Trading?
Do you need clarification on how to proceed with Paytm Money Trading App Login? Here is your guide to the necessary steps to use this innovative app:
- When you open the app, you can view the login page.
- On the login page, the two fields will ask you to fill in your login ID and password, which you received when you first registered with the brokerage house.
- Type in your login details credentials followed by pressing the login icon. The fintech application will require the user to type the shared OTP. Next, hit the proceed button.
- You can use the application to buy or sell stocks now that you are logged in.
- Go to the Profile icon in the top left corner of the dashboard.
- On opening the Profile, you can view the ‘Equity’ option and click on it.
- You will be asked to enter the PIN you entered when opening the account.
- Next, you can go to the Watchlist.
- Add and select the stocks of the preferred company you plan to purchase or sell.
- Next, select the option Buy or Sell, as you like.
- The app lets you buy or sell the selected stocks in NSE or BSE.
- Lastly, swipe in the bottom to buy or sell the stocks. You are successful in placing your order.
Paytm Money App Charges
| Account Opening Charges | Rs. 200 |
| AMC | Free |
| Equity Delivery | Rs.15 per Trade & 2.5% (whichever is low) |
| Equity Intraday | Rs.15 per Trade or 0.05% (whichever is Low) |
| Equity Future | Rs.15 per Trade or 0.02% (whichever is low) |
| Equity Option | Rs.15 per Trade |
| Commodity Future | NA |
| Commodity Option | NA |
| Currency Future | NA |
| Currency Option | NA |
Paytm Money has ideally used its strategy of acquiring clients in increasing numbers by rendering its technological platforms for free.
Yes, you understood it right! The application launched by the firm is available for free to the users.
Still, the company charges its clients a few Paytm Money App Charges, such as account opening, maintenance, and brokerage fees.
Interested candidates can open a Demat account with the broker after depositing 200 INR. However, the budget-friendly brokerage house doesn’t charge anything to maintain an account.
Furthermore, you can’t survive in the stock market without paying brokerage for your transactions.
For instance, Paytm Money charges INR 15 per trade or 2.5% (whichever is lower) from the clients wanting to transact in the equity delivery segment.
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Benefits of Paytm Money Trading App
So, you have learned every crucial aspect of the mobile trading app but still need to understand its benefits? This Paytm Money Trading App Review section will cover all significant pros:
- In the market as the branch of the Fintech giant, Paytm is the USP of Paytm Money. It means you can trust the application’s credibility and security.
- The app caters to traditional traders seeking opportunities to earn money by trading in equities.
- Moreover, this cutting-edge application allows you to invest in NPS while reducing your tax liability and securing your future.
- This mobile-friendly application allows you to trade and learn how to trade digitally, making it a good investment choice for novice traders.
- Innovative minds have built the trading application with a well-organized interface, making it easier to navigate the platform and trade smoothly.
Paytm Money App Review – Conclusion
The Paytm Money app has successfully re-established as a mutual funds investment offering platform to the app known for facilitating trading in equities, F&Os, and other financial assets.
Innovative minds have developed the app with a well-organized interface and easy-to-use features to make trading seamless for everyone.
This Paytm Money App Review is your guide for learning everything about the app so you can use it easily. Moreover, you can look forward to derivative trading via this app in the coming years.
FAQs on the Paytm Money App
Check out various FAQs related to Paytm Money.
What is the Paytm Money Mobile App?
Paytm Money is a tech-savvy trading application that can be utilized to place trade orders for equities, mutual funds, and F&Os.
This free-of-cost app enables users to research and analyze the markets, access real-time stock & indices prices, view trading charts, and much more to trade effortlessly.
How to earn money from the Paytm Money Trading App?
The primary way to earn from the trading app is to make the most out of the difference between stock purchasing and selling prices.
In addition, you can refer to the platform and earn approximately 300 INR on each referral.
Is Paytm Money App Trusted?
Built by the branch of the renowned fintech organization- Paytm, the application features robust security layers. So, there is nothing to worry about the misuse of your data and transactions.
How to change KYC details in the Paytm Money App?
Go to the app’s dashboard and look for the Account icon at the bottom. In the Account section, you can view the Upgrade KYC tab.
Hit the same tab, change the details you want to update, and then upload the new documents.
What is the use of the Paytm Money App?
You can use this on-the-go app to manage wealth, trade, invest, refer & earn, and conduct market research.
How to refer from the Paytm Money App?
You can find the Refer & Earn section on the app’s homepage. Click on this section, copy the referral link, and send it to your friend.
Alternatively, you can share it directly via WhatsApp, Instagram, or any other text messaging app.
Is F&O trading available in the Paytm Money App?
Trading across futures and options segments is possible using this trading application.
How to add a nominee to Paytm Money App?
The Account section is in the bottom right of the app’s dashboard. Press the Account section > Account Details > Nominee Details > Add Nominee.
Enter the nominee details, and lastly, click on the Proceed button.
Is Commodity Trading available in the Paytm Money App?
Trading across commodity segment is possible using this trading application.
Who is the Founder of the Paytm Money App?
Vijay Shekhar Sharma is behind the launch and success of the Paytm Money App.