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

CategoryUpstoxPaytm Money
Basic Details
  • Broker Type: Discount broker
  • Founded: Legacy RKSV/Upstox retail broking entity
  • Broker Type: Digital-first discount-style broker and wealth platform
  • Founded: 2017
Charges & AMC
  • Account Opening: Rs 0
  • Demat AMC: Rs 150 per year (first-year concessions may apply in offers)
  • 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.
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
  • Call and Trade: Rs 20 per executed order
  • Instant money transfer fee and physical statement fees may apply
  • Auto square-off charge listed (Rs 50).
  • Physical statement and courier fees can apply on request.
Leverage (Margin)
  • Margin/leverage is segment specific and governed by exchange/risk policies.
  • Delivery generally follows full margin and intraday can provide lower upfront margins.
  • Margin funding and MTF support are available in product positioning.
  • Actual leverage depends on segment and risk policies.
Features
  • Digital-first execution with mobile/web stack.
  • Strong derivatives support and low brokerage positioning.
  • Strong mutual fund and wealth app roots.
  • GTT, GTC, CO, BO, and basket order support referenced.
Trading Platforms
  • Upstox Pro web platform
  • Upstox mobile app
  • Paytm Money mobile app
  • Paytm Money web platform
Reviews & Ratings
  • Commonly viewed as low-cost, trader-friendly platform.
  • In this extract, no final single consolidated numeric rating table is shown.
  • 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.
Investment Options
  • Equity
  • F&O
  • Equity and F&O
  • Mutual funds and SIP
Order Types Offered
  • Standard market and limit orders
  • Delivery/intraday/F&O execution flows
  • GTT and GTC
  • CO and BO
Suitable For (Investor Type)
  • Cost-sensitive active traders.
  • App-first users who want strong F&O workflow.
  • App-first investors and traders seeking all-digital flow.
  • Users wanting combined mutual fund plus stock execution.
Pros and Cons
  • Pros:
  • Competitive low-cost brokerage model.
  • Pros:
  • Broad digital investing stack with useful advanced order features.

Detailed Comparison

Basic Details

UpstoxPaytm Money
  • Broker Type: Discount broker
  • Founded: Legacy RKSV/Upstox retail broking entity
  • SEBI Registration: INZ000315837
  • NSE Member Code: 13942
  • Net Worth: Rs 839.83 Cr
  • 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

Charges & AMC

UpstoxPaytm Money
  • 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
  • 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.

Brokerage

UpstoxPaytm Money
  • 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
  • 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

Other Charges

UpstoxPaytm Money
  • 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
  • Auto square-off charge listed (Rs 50).
  • Physical statement and courier fees can apply on request.
  • Usual statutory and exchange charges apply.

Leverage (Margin)

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

Features

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

Trading Platforms

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

Reviews & Ratings

UpstoxPaytm Money
  • Commonly viewed as low-cost, trader-friendly platform.
  • In this extract, no final single consolidated numeric rating table is shown.
  • 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.

Investment Options

UpstoxPaytm Money
  • Equity
  • F&O
  • Commodity
  • Currency
  • Mutual funds
  • Equity and F&O
  • Mutual funds and SIP
  • IPO and ETFs
  • Bonds and NPS

Order Types Offered

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

Suitable For (Investor Type)

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

Pros and Cons

UpstoxPaytm Money
  • 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.
  • 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.

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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