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HomeStock BrokerPaytm Money vs Upstox

Paytm Money vs Upstox

Side-by-side view of features, pricing context, and platform fit.

Paytm Money

Paytm Money

Active Clients: 8,60,278

Founded in 2017, Paytm Money has emerged as a leading Indian wealth management platform, utilizing technology to simplify investment processes. It enables investments across a wide range of assets, including equities,...

Upstox

Upstox

Active Clients: 20,36,413

Upstox is a technologically advanced low-cost brokerage firm in India, offering trading services in equities, commodities, currency, futures, and options via web and mobile platforms. Upstox has received investment fr...

Side-by-Side Compare Table

CategoryPaytm MoneyUpstox
Basic Details
  • •Broker Type: Digital-first discount-style broker and wealth platform
  • •Founded: 2017
  • •Broker Type: Discount broker
  • •Founded: Legacy RKSV/Upstox retail broking entity
Charges & AMC
  • •Account opening is shown as digital and low-cost (source also references Rs 200 in one section).
  • •Maintenance charges are positioned as low/zero in key offers.
  • •Account Opening: Rs 0
  • •Demat AMC: Rs 150 per year (first-year concessions may apply in offers)
Brokerage
  • •Equity Delivery: Rs 20 or 2.5% (whichever is lower)
  • •Equity Intraday: Rs 20 or 0.05% (whichever is lower)
  • •Equity Delivery: Rs 20 or 2.5% (whichever is lower)
  • •Equity Intraday: Rs 20 or 0.05% (whichever is lower)
Other Charges
  • •Auto square-off charge listed (Rs 50).
  • •Physical statement and courier fees can apply on request.
  • •Call and Trade: Rs 20 per executed order
  • •Instant money transfer fee and physical statement fees may apply
Leverage (Margin)
  • •Margin funding and MTF support are available in product positioning.
  • •Actual leverage depends on segment and risk policies.
  • •Margin/leverage is segment specific and governed by exchange/risk policies.
  • •Delivery generally follows full margin and intraday can provide lower upfront margins.
Features
  • •Strong mutual fund and wealth app roots.
  • •GTT, GTC, CO, BO, and basket order support referenced.
  • •Digital-first execution with mobile/web stack.
  • •Strong derivatives support and low brokerage positioning.
Trading Platforms
  • •Paytm Money mobile app
  • •Paytm Money web platform
  • •Upstox Pro web platform
  • •Upstox mobile app
Reviews & Ratings
  • •Positioned as low-cost, digital-first platform with large user base.
  • •Source extract includes ratings section heading but not a full visible numeric table in this slice.
  • •Commonly viewed as low-cost, trader-friendly platform.
  • •In this extract, no final single consolidated numeric rating table is shown.
Investment Options
  • •Equity and F&O
  • •Mutual funds and SIP
  • •Equity
  • •F&O
Order Types Offered
  • •GTT and GTC
  • •CO and BO
  • •Standard market and limit orders
  • •Delivery/intraday/F&O execution flows
Suitable For (Investor Type)
  • •App-first investors and traders seeking all-digital flow.
  • •Users wanting combined mutual fund plus stock execution.
  • •Cost-sensitive active traders.
  • •App-first users who want strong F&O workflow.
Pros and Cons
  • •Pros:
  • •Broad digital investing stack with useful advanced order features.
  • •Pros:
  • •Competitive low-cost brokerage model.

Detailed Comparison

Basic Details

Paytm MoneyUpstox
  • •Broker Type: Digital-first discount-style broker and wealth platform
  • •Founded: 2017
  • •SEBI Registration: INZ000240532
  • •NSE Member Code: 90165
  • •Net Worth: Rs 383.59 Cr
  • •Broker Type: Discount broker
  • •Founded: Legacy RKSV/Upstox retail broking entity
  • •SEBI Registration: INZ000315837
  • •NSE Member Code: 13942
  • •Net Worth: Rs 839.83 Cr

Charges & AMC

Paytm MoneyUpstox
  • •Account opening is shown as digital and low-cost (source also references Rs 200 in one section).
  • •Maintenance charges are positioned as low/zero in key offers.
  • •No branch-led offline opening model.
  • •Account Opening: Rs 0
  • •Demat AMC: Rs 150 per year (first-year concessions may apply in offers)
  • •App/web platform model with low-cost pricing

Brokerage

Paytm MoneyUpstox
  • •Equity Delivery: Rs 20 or 2.5% (whichever is lower)
  • •Equity Intraday: Rs 20 or 0.05% (whichever is lower)
  • •Equity Futures: 0.02% or up to Rs 20 per order
  • •Equity Options: Rs 20 per order
  • •Equity Delivery: Rs 20 or 2.5% (whichever is lower)
  • •Equity Intraday: Rs 20 or 0.05% (whichever is lower)
  • •Equity Futures: Rs 20 or 0.05% (whichever is lower)
  • •Equity Options: Flat Rs 20 per order
  • •Currency/Commodity: Similar low-cost flat-fee pattern as per segment tables

Other Charges

Paytm MoneyUpstox
  • •Auto square-off charge listed (Rs 50).
  • •Physical statement and courier fees can apply on request.
  • •Usual statutory and exchange charges apply.
  • •Call and Trade: Rs 20 per executed order
  • •Instant money transfer fee and physical statement fees may apply
  • •DP sell charges and statutory charges are additional

Leverage (Margin)

Paytm MoneyUpstox
  • •Margin funding and MTF support are available in product positioning.
  • •Actual leverage depends on segment and risk policies.
  • •Margin/leverage is segment specific and governed by exchange/risk policies.
  • •Delivery generally follows full margin and intraday can provide lower upfront margins.

Features

Paytm MoneyUpstox
  • •Strong mutual fund and wealth app roots.
  • •GTT, GTC, CO, BO, and basket order support referenced.
  • •Advisory and market education content ecosystem.
  • •Digital-first execution with mobile/web stack.
  • •Strong derivatives support and low brokerage positioning.
  • •Direct mutual fund access with zero commission.

Trading Platforms

Paytm MoneyUpstox
  • •Paytm Money mobile app
  • •Paytm Money web platform
  • •Upstox Pro web platform
  • •Upstox mobile app

Reviews & Ratings

Paytm MoneyUpstox
  • •Positioned as low-cost, digital-first platform with large user base.
  • •Source extract includes ratings section heading but not a full visible numeric table in this slice.
  • •Commonly viewed as low-cost, trader-friendly platform.
  • •In this extract, no final single consolidated numeric rating table is shown.

Investment Options

Paytm MoneyUpstox
  • •Equity and F&O
  • •Mutual funds and SIP
  • •IPO and ETFs
  • •Bonds and NPS
  • •Equity
  • •F&O
  • •Commodity
  • •Currency
  • •Mutual funds

Order Types Offered

Paytm MoneyUpstox
  • •GTT and GTC
  • •CO and BO
  • •Basket orders
  • •Standard market and limit order workflows
  • •Standard market and limit orders
  • •Delivery/intraday/F&O execution flows
  • •Call-and-trade assisted execution

Suitable For (Investor Type)

Paytm MoneyUpstox
  • •App-first investors and traders seeking all-digital flow.
  • •Users wanting combined mutual fund plus stock execution.
  • •Retail traders who use advanced order types.
  • •Cost-sensitive active traders.
  • •App-first users who want strong F&O workflow.
  • •Investors needing discount pricing across major segments.

Pros and Cons

Paytm MoneyUpstox
  • •Pros:
  • •Broad digital investing stack with useful advanced order features.
  • •Low-cost brokerage cap structure.
  • •Strong integration with investor education and content.
  • •Cons:
  • •No branch-support model for offline users.
  • •Account opening and fee terms can vary by campaign and segment.
  • •Pros:
  • •Competitive low-cost brokerage model.
  • •Broad segment coverage across equity, derivatives, commodity, and currency.
  • •Free account opening and strong digital onboarding.
  • •Cons:
  • •Assisted services add extra charges.
  • •Some advanced full-service advisory expectations may not be met.

Final Note

Use this side-by-side comparison as a starting point and verify the latest brokerage and compliance details on official broker pages before taking decisions.

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