NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%
NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%

Side-by-Side Compare Table

CategoryPaytm MoneyGroww
Basic Details
  • Broker Type: Digital-first discount-style broker and wealth platform
  • Founded: 2017
  • Broker Type: Digital-first discount broker
  • Founded: 2016 (broking entity expanded later from MF platform)
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.
  • Trading and Demat Account Opening: Rs 0
  • Trading AMC: Rs 0
Brokerage
  • Equity Delivery: Rs 20 or 2.5% (whichever is lower)
  • Equity Intraday: Rs 20 or 0.05% (whichever is lower)
  • Equity Delivery: Lower of Rs 20 or 0.05% per order
  • Equity Intraday: Lower of Rs 20 or 0.05% per order
Other Charges
  • Auto square-off charge listed (Rs 50).
  • Physical statement and courier fees can apply on request.
  • Auto square-off charge: Rs 50
  • Statutory and exchange charges apply separately.
Leverage (Margin)
  • Margin funding and MTF support are available in product positioning.
  • Actual leverage depends on segment and risk policies.
  • Margin and leverage depend on segment and risk policy.
  • Source section introduces margin topic but does not expose one fixed leverage number in the extracted snapshot.
Features
  • Strong mutual fund and wealth app roots.
  • GTT, GTC, CO, BO, and basket order support referenced.
  • Paperless onboarding and simple UX.
  • Strong mutual fund and retail investing workflow.
Trading Platforms
  • Paytm Money mobile app
  • Paytm Money web platform
  • Groww Mobile App
  • Groww Web Platform
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.
  • Positioned as beginner friendly with strong app adoption.
  • In this source snapshot, no single numeric consolidated rating table is shown.
Investment Options
  • Equity and F&O
  • Mutual funds and SIP
  • Equity
  • Intraday and derivatives
Order Types Offered
  • GTT and GTC
  • CO and BO
  • Standard market and limit order flows
  • App and web based execution
Suitable For (Investor Type)
  • App-first investors and traders seeking all-digital flow.
  • Users wanting combined mutual fund plus stock execution.
  • First-time investors preferring clean mobile-first experience.
  • Cost-conscious users who also invest in direct mutual funds.
Pros and Cons
  • Pros:
  • Broad digital investing stack with useful advanced order features.
  • Pros:
  • Zero opening/AMC and low brokerage.

Detailed Comparison

Basic Details

Paytm MoneyGroww
  • 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: Digital-first discount broker
  • Founded: 2016 (broking entity expanded later from MF platform)
  • SEBI Registration: INZ000301838
  • NSE Member Code: 90187
  • Net Worth: Rs 1433.11 Cr

Charges & AMC

Paytm MoneyGroww
  • 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.
  • Trading and Demat Account Opening: Rs 0
  • Trading AMC: Rs 0
  • Demat AMC: Rs 0

Brokerage

Paytm MoneyGroww
  • 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: Lower of Rs 20 or 0.05% per order
  • Equity Intraday: Lower of Rs 20 or 0.05% per order
  • Equity Futures: Flat Rs 20 per order
  • Equity Options: Flat Rs 20 per order
  • Direct Mutual Funds: Rs 0 commission

Other Charges

Paytm MoneyGroww
  • Auto square-off charge listed (Rs 50).
  • Physical statement and courier fees can apply on request.
  • Usual statutory and exchange charges apply.
  • Auto square-off charge: Rs 50
  • Statutory and exchange charges apply separately.

Leverage (Margin)

Paytm MoneyGroww
  • Margin funding and MTF support are available in product positioning.
  • Actual leverage depends on segment and risk policies.
  • Margin and leverage depend on segment and risk policy.
  • Source section introduces margin topic but does not expose one fixed leverage number in the extracted snapshot.

Features

Paytm MoneyGroww
  • Strong mutual fund and wealth app roots.
  • GTT, GTC, CO, BO, and basket order support referenced.
  • Advisory and market education content ecosystem.
  • Paperless onboarding and simple UX.
  • Strong mutual fund and retail investing workflow.
  • Unified app for stocks, IPOs, ETFs, and MFs.
  • Educational resources via blogs and ebooks.

Trading Platforms

Paytm MoneyGroww
  • Paytm Money mobile app
  • Paytm Money web platform
  • Groww Mobile App
  • Groww Web Platform
  • 915 by Groww (advanced web terminal)

Reviews & Ratings

Paytm MoneyGroww
  • 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.
  • Positioned as beginner friendly with strong app adoption.
  • In this source snapshot, no single numeric consolidated rating table is shown.

Investment Options

Paytm MoneyGroww
  • Equity and F&O
  • Mutual funds and SIP
  • IPO and ETFs
  • Bonds and NPS
  • Equity
  • Intraday and derivatives
  • IPO
  • ETFs
  • Direct mutual funds
  • Digital gold

Order Types Offered

Paytm MoneyGroww
  • GTT and GTC
  • CO and BO
  • Basket orders
  • Standard market and limit order workflows
  • Standard market and limit order flows
  • App and web based execution
  • Advanced workflow through 915 terminal for active users

Suitable For (Investor Type)

Paytm MoneyGroww
  • App-first investors and traders seeking all-digital flow.
  • Users wanting combined mutual fund plus stock execution.
  • Retail traders who use advanced order types.
  • First-time investors preferring clean mobile-first experience.
  • Cost-conscious users who also invest in direct mutual funds.
  • Traders seeking simple flat-fee execution.

Pros and Cons

Paytm MoneyGroww
  • 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:
  • Zero opening/AMC and low brokerage.
  • Strong digital onboarding and usability.
  • Commission-free direct mutual funds.
  • Cons:
  • Limited offline support model.
  • Advisory depth is lower than traditional full-service broker setups.

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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