Zerodha Home

Here is a detailed post comparing various features of Zerodha and Paytm Money. It will help you to gain a clear picture of Paytm Money Vs Zerodha to choose one of them as your stock broker. 

Paytm Money Vs Zerodha

When you’re on the hunt for ‘the one,’ it’s always good to compare a few options. Choosing the right, most suitable choice from the very start is necessary to avoid mistakes in the future. This applies in the financial world, where everything is competitive and hard to speculate. You must know your business from day one. To kick-start your trading journey, we’ve compared two top brokerage websites/applications. Have a look at the pros, cons, and other services to choose from: 

Before we begin, let’s understand what these companies are all about. Paytm Money is a discount brokerage and mutual funds investment application founded in India. It has a CDSL membership and is partnered with BSE and NSE, making it completely safe to trade on. After its launch in 2017, it added other features like IPO investment and Digital Gold. 

Zerodha is considered India’s largest, no. 1 stock broker of all time. They’re transparent brokers that allow smooth trading and mutual funds investments. The firm is known for its technological advancements, innovations, and incorporation of customer feedback, which has made it one of the most trusted apps. 

Paytm Money Vs Zerodha

While both Paytm Money and Zerodha are profitable in their ways, a detailed comparison should bring out a clear winner. 

Customer Ratings:


  • Experience: 5.7/10 stars
  • Products and Services: 8.5/10 stars
  • Trading Platforms: 9/10 stars
  • Research and Advisory: 4/10 
  • Brokerage Charge + Fee: 9.5/10 

As per customer ratings, Zerodha has been given a score of 4.5/5 stars. 

Paytm Money:

  • Experience: 2.7/5 stars
  • Products and Services: 2.8/5 stars
  • Trading Platforms: 3.1/5 stars
  • Research and Advisory: 2.5/5
  • Brokerage Charge + Fee: 3.4/5

As per customer ratings, Paytm Money has been given a score of 3/5 stars. 

Brokerage Charges: 

Both companies are known for having low brokerage charges per transaction. However, one has the upper hand over the other. Zerodha charges a maximum fee of INR 20 for all types of trading besides free equity delivery. However, Paytm charges half the price, INR 10 or 0.05% (whichever is less) for the same. This can definitely stand out from a customer’s perspective because they’ll be profiting more and investing less. 

Demat Account: 

A demat account that holds all financial shares and securities must be an account opening in the right place. When it comes to opening a demat account for trading in India, both Paytm Money and Zerodha offer convenient and user-friendly options through their respective trading apps. Both have account opening charges of INR 300 with no margin money and free AMC charges, but Paytm Money allows the transfer of shares offline to online, whereas Zerodha does not have that feature. The shares can be ‘dematerialized’ and converted to e-trades.

Currency and Commodity Trading: 

A feature that Paytm Money does not offer is the conversion of commodity and currency from one to the other. Zerodha offers that alongside discounted brokerage transactions and smooth trading, giving it a unique feature compared to others. 

Customer Services: 

One of the main reasons why Zerodha is at the top right now is its effective customer service. They not only allow personalized advisors to each of their clients but also have a 24/7 running helpline. This feature will attract newcomers to the industry because they’ll have someone to discuss their concerns while also getting a brief understanding of how the market works.

Paytm Money, on the other hand, only gives out blogs that sum up daily news, trends, and patterns in the market. There is no personal touch to it. This strategy may not be beneficial in the long run since customers may find better advisors in the market. 


These terms are used to describe to what extent a customer can incur a profit or loss from a sale. A Leverage of 1:400 means that for every INR 1, the trader receives INR 400. The bigger the leverage, the more a customer will be attracted. When Zerodha, the market leader, and Paytm Money, the ever-growing firm, are compared in terms of their exposure and leverage, there is a notable difference in their numbers. Have a look: 

 Zerodha Paytm Money
Equity Delivery Up To 20x timesUpto 4x times
Equity FuturesUp To 15x times Upto 3x times
Equity OptionsUpto 8x timesUpto 5x times
Equity IntradayUpto 28x timesUp To 20x times

The quantities give a significant upper hand to Zerodha as they offer 1.6-8 times more leverage than Paytm Money does when compared as a whole. This is bound to make customers happy as they are offered more services and positions. 

Call and Trade Charges: 

At times, when a customer is informed and interested in a trade they’re looking to make, immediate action has to be taken. Thus, it becomes easier for them to place a call and book a certain share. In Zerodha charges, they only INR 20-50 for the process. However, Paytm Money expects its client to pay INR 300. The fees are relatively higher at Paytm’s end and can be off-putting for customers, especially when actions need to be taken immediately. 


It is also important to understand that Zerodha was first launched in 2010, whereas Paytm Money is fairly new to the market. Zerodha has made itself the market leader via transparent transactions and many services offered to customers. They’re known for their low brokerage charges and user-friendly site. 

Zerodha’s team innovates and develops new plans based on customer feedback while also having the adequate experience to survive and sustain itself in a highly turbulent and competitive market. Despite the glitches in 2023, Zerodha continues to be one of the leading trading platforms because of its clean interface and balanced out features.

Paytm Money, on the other hand, even with less expertise over time, has established itself as one of the leading discount brokers. However, its lack of customer involvement has been an issue and can cost them if it isn’t rectified. To understand the best application for you, weigh the pointers mentioned above, identify the ones that suit your interest, and start trading!


How do Paytm Money and Zerodha differ as mutual fund investment platforms?

Paytm Money offers both regular and direct mutual fund plans, while Zerodha provides only direct mutual fund investment options.

Paytm Money focuses on a user-friendly interface, making it easier for investors to select and manage mutual funds, whereas Zerodha is more suitable for experienced traders who prefer a no-frills platform.

Which platform between Paytm and Zerodha offers a wider range of investment options?

Paytm Money provides access to mutual funds, direct plans, and digital gold, catering to both long-term and short-term investors.

Zerodha, on the other hand, focuses on stock trading, currency futures, and options, making it more suitable for active traders and investors.

Which trading platform among Paytm and Zerodha is better suited for beginners?

Paytm Money's user-friendly interface and support for direct mutual funds make it an excellent choice for beginners who want to start their investment journey.

Zerodha's platform may be more suitable for beginners with a keen interest in stock trading, as it provides valuable educational resources and tools for learning. 

Can I have both Paytm Money and Zerodha accounts as an investor?

Yes, as an investor, you can have accounts on both Paytm Money and Zerodha to access a broader range of investment options and diversify your portfolio in the stock market.

How to Use the Paytm Money Brokerage Calculator?

You can access the Paytm Money Brokerage Calculator by following these simple steps: 

  • Open the Paytm Money website or mobile app. 
  • Log in to your account using your registered credentials. 
  • Navigate to the ‘Tools' section, where you will find the Brokerage Calculator.

To use the Brokerage Calculator, you will need to provide the following details:

  • Investment Amount: The total amount you plan to invest in the mutual fund.
  • Investment Duration: The expected time horizon of your investment.
  • Fund Category: Select the specific category or type of mutual fund you wish to invest in.
  • Fund Name: Choose the mutual fund scheme you intend to invest in.

Leave a Reply

Your email address will not be published. Required fields are marked *