Paytm Money vs SBI Securities – Compare Charges, Trading Features, Offers & More

Paytm Money and SBI Securities are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Paytm Money is listed as a Private Discount Broker , established in 2019 and headquartered in Bangalore, while SBI Securities is listed as a Public Discount Broker , established in Arun Mehta and headquartered in Mumbai.

This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Paytm Money or SBI Securities is a better fit for your investment style, platform preference, and budget.

Overview — Paytm Money vs. SBI Securities

Paytm Money is listed as a Private Discount Broker established in 2019 with headquarters in Bangalore and founded by Vijay Shekhar Sharma. The broker highlights access to equity delivery, equity intraday, equity futures, equity options and mutual funds through mobile app access, web trading and algo trading support and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. It follows a Standard Plan brokerage structure.

SBI Securities is listed as a Public Discount Broker established in Arun Mehta with headquarters in Mumbai and founded by Arun Mehta. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access, web trading and desktop terminal access and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. Its brokerage model is structured as Standard Plan.

Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.

Paytm Money vs SBI Securities — A Comprehensive Company Overview

Company Overview Paytm Money SBI Securities
Company TypePrivatePublic
Broker TypeDiscount BrokerDiscount Broker
HeadquartersBangaloreMumbai
FounderVijay Shekhar SharmaArun Mehta
Establishment Year2019Arun Mehta
Brokerage PlanStandard PlanStandard Plan

Brokerage charges comparison — Paytm Money vs. SBI Securities

Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Paytm Money and SBI Securities.

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Paytm Money charges Rs.15 per Trade & 2.5% (whichever is low) while SBI Securities charges 0.50% of Transaction Value.

Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Paytm Money charges Rs.15 per Trade or 0.05% (whichever is Low) while SBI Securities charges 0.075% of Transaction Value.

Equity futures: This charge applies to futures contracts on stocks and indices. Paytm Money charges Rs.15 per Trade or 0.02% (whichever is low) while SBI Securities charges 0.05% of Transaction Value.

Equity options: This charge applies to equity option contracts. Paytm Money charges Rs.15 per Trade while SBI Securities charges Rs.50 to Rs.100 per lot.

Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Paytm Money charges N/A ; SBI Securities charges 0.05% of Transaction Value.

Commodity options: This charge applies to option contracts on commodity instruments. Paytm Money charges N/A ; SBI Securities charges Rs.50 to Rs.100 per lot.

Currency futures: This charge allows participation in forex price movements on the exchange. Paytm Money charges N/A ; SBI Securities charges 0.05% of Transaction Value.

Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Paytm Money charges N/A ; SBI Securities charges Rs.20 to Rs.30 per lot.

Paytm Money vs SBI Securities — Detailed Brokerage Comparison

Brokerage Paytm Money SBI Securities
Brokerage PlanStandard PlanStandard Plan
Subscription ChargesZeroZero
Equity DeliveryRs.15 per Trade & 2.5% (whichever is low)0.50% of Transaction Value
Equity IntradayRs.15 per Trade or 0.05% (whichever is Low)0.075% of Transaction Value
Equity FutureRs.15 per Trade or 0.02% (whichever is low)0.05% of Transaction Value
Equity OptionRs.15 per TradeRs.50 to Rs.100 per lot
Commodity FutureNA0.05% of Transaction Value
Commodity OptionNARs.50 to Rs.100 per lot
Currency FutureNA0.05% of Transaction Value
Currency OptionNARs.20 to Rs.30 per lot

Trading platforms comparison — Paytm Money vs. SBI Securities

Paytm Money provides mobile app access, web trading and algo trading support for order placement, portfolio tracking, and market monitoring. SBI Securities provides mobile app access, web trading and desktop terminal access for its users.

  • Android app: Paytm Money and SBI Securities both list an Android trading app.

  • iOS app: Paytm Money and SBI Securities both list an iOS trading app.

  • Web trading platform: Paytm Money and SBI Securities both list a web trading platform.

  • Desktop trading terminal: SBI Securities lists a desktop trading terminal, while Paytm Money does not currently mention it.

  • Algo trading: Paytm Money lists algo trading support, while SBI Securities does not currently mention it.

  • Basket trading: SBI Securities lists basket trading, while Paytm Money does not currently mention it.

  • Foreign stocks platform: Neither broker currently highlights foreign stocks access.

  • Mutual fund platform: Paytm Money and SBI Securities both list a mutual fund investment platform.

  • Digital gold platform: Neither broker currently highlights digital gold investing.

  • Bonds platform: SBI Securities lists a bonds investment platform, while Paytm Money does not currently mention it.

Paytm Money vs SBI Securities — Complete Comparison of Trading Platforms

Trading Platform Paytm Money SBI Securities
Android App Paytm Money Android App Link SBI Securities Android App Link
iOS App Paytm Money iOS App Link SBI Securities iOS App Link
Web Trading Platform Paytm Money Web Trading Link SBI Securities Web Trading Link
Trading Terminal NA Available
Algo Trading Platform Available NA
Foreign Stocks Platform NA NA
Basket Trading Platform NA Available
Mutual Fund Platform Available Available
Digital Gold Platform NA NA
Bonds Platform NA Available

Paytm Money vs. SBI Securities — Comparison of trading features

Paytm Money highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking, while SBI Securities promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. The table below shows the full feature set for both brokers side by side.

  • Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both Paytm Money and SBI Securities offer this feature.

  • Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Paytm Money and SBI Securities offer this feature.

  • Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Paytm Money and SBI Securities offer this feature.

  • Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Paytm Money and SBI Securities offer this feature.

  • Research reports: A comprehensive overview of different stocks and sectors in the stock market. Both Paytm Money and SBI Securities offer this feature.

  • Global indices: Real-time data on leading global stock market indices. Paytm Money offers this; SBI Securities does not currently highlight it.

  • Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. SBI Securities offers this; Paytm Money does not currently highlight it.

  • Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Paytm Money and SBI Securities offer this feature.

  • Live market: Live updates on market movements and trends. Both Paytm Money and SBI Securities offer this feature.

  • Multi profile management: Manage multiple trading profiles from a single account. SBI Securities offers this; Paytm Money does not currently highlight it.

  • Secure platform: A secure trading environment with next-generation security controls. Both Paytm Money and SBI Securities offer this feature.

Paytm Money vs SBI Securities — Comprehensive Comparison of Trading Features

Trading Feature Paytm Money SBI Securities
Wishlist Yes Yes
Real-Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports Yes Yes
Global Indices Yes No
Customised Recommendations No No
Stock Tips No Yes
Interactive Charts Yes Yes
Live Market Yes Yes
Multi Profile Management No Yes
Robust & Secure Platform Yes Yes

Paytm Money vs. SBI Securities — Comparison of offers

Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Paytm Money and SBI Securities.

  • Free account opening: Neither broker currently highlights free account opening.

  • Free AMC: Neither broker currently highlights free Demat AMC.

  • Free brokerage: Neither broker currently highlights free brokerage.

  • Flat brokerage: Paytm Money lists flat brokerage pricing, while SBI Securities does not currently mention it.

  • Flexible brokerage plans: SBI Securities lists flexible brokerage plans, while Paytm Money does not currently mention it.

  • Happy trading hours: Neither broker currently highlights happy trading hours.

  • Free delivery trading: Neither broker currently highlights free delivery trading.

  • Free intraday trading: Neither broker currently highlights free intraday trading.

  • Free F&O trading: Neither broker currently highlights free F&O trading.

  • Free research reports: SBI Securities lists free research reports, while Paytm Money does not currently mention it.

  • Free trading calls: SBI Securities lists free trading calls, while Paytm Money does not currently mention it.

  • Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.

  • Referral offers: Paytm Money offers Yes while SBI Securities offers Upto Rs.700 per Client for referrals.

Paytm Money vs SBI Securities — Comparison of Latest Offers

Offer Paytm Money SBI Securities
Free Account Opening No No
Free AMC No No
Free Brokerage No No
Flat Brokerage Yes No
Flexible Brokerage Plans No Yes
Happy Trading Hours No No
Free Delivery Trading No No
Free Intraday Trading No No
Free F&O Trading NA No
Free Research Reports No Yes
Free Trading Calls No Yes
Referral Offers Yes Upto Rs.700 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No Yes
Zero Brokerage for Loss-Making Trades No No

Offered products comparison — SBI Securities vs. Paytm Money

Product availability determines whether a broker can support your preferred markets. Paytm Money highlights equity delivery, equity intraday, equity futures, equity options and mutual funds, while SBI Securities highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.

The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, mutual funds, commodity futures, commodity options, currency futures, currency options, banking services, insurance, corporate bonds, government bonds and bonds.

Paytm Money vs SBI Securities — Complete Comparison of Products

Product Paytm Money SBI Securities
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option No Yes
Commodity Future No Yes
Currency Option No Yes
Currency Future No Yes
Foreign Stocks No No
Mutual Funds Yes Yes
Banking No Yes
Insurance No Yes
Corporate Bonds No Yes
Government Bonds No Yes
Digital Gold No No
  • Demat services: Paytm Money and SBI Securities both list Demat services.

  • Trading services: Paytm Money and SBI Securities both list trading services.

  • Intraday services: Paytm Money and SBI Securities both list intraday trading services.

  • F&O services: Paytm Money and SBI Securities both list F&O services.

  • IPO services: Paytm Money and SBI Securities both list IPO services.

  • 3-in-1 account: SBI Securities lists 3-in-1 account support, while Paytm Money does not currently mention it.

  • Stock research: SBI Securities lists stock research, while Paytm Money does not currently mention it.

  • Stock recommendations: SBI Securities lists stock recommendations, while Paytm Money does not currently mention it.

  • Trading education: SBI Securities lists trading education, while Paytm Money does not currently mention it.

  • Share pledging: Paytm Money and SBI Securities both list share pledging.

  • PMS or PCG: SBI Securities lists PMS or PCG support, while Paytm Money does not currently mention it.

  • NRI services: SBI Securities lists NRI services, while Paytm Money does not currently mention it.

Offered services comparison — Paytm Money vs. SBI Securities

Paytm Money provides Demat services, trading services, intraday trading, F&O trading, IPO access and share pledging, while SBI Securities offers Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support.

Paytm Money vs SBI Securities — In-Depth Comparison of Services

Service Paytm Money SBI Securities
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3-in-1 Account No Yes
Stock Research No Yes
Stock Recommendations No Yes
Trading Education No Yes, Investor Sarathi
Share Pledging Yes Yes
PMS or PCG No Yes
NRI Services No Yes

Stock advisory service comparison — Paytm Money vs. SBI Securities

Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Paytm Money and SBI Securities.

Paytm Money and SBI Securities — Detailed Comparison of Advisory Services

Advisory Paytm Money SBI Securities
Fundamental Reports No Yes
Research Reports No Yes
Company Reports No Yes
Annual Reports No Yes
IPO Reports No Yes
Technical Reports No Yes
Stock Tips No Yes
Daily Top Stock Picks No Yes
Daily Market Review No Yes
Monthly Review No Yes
Weekly Review No Yes
Relationship Manager No Yes
Robo Advisory No No

Exposure comparison — Paytm Money vs. SBI Securities

Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Paytm Money and SBI Securities across different segments.

Paytm Money and SBI Securities — Comprehensive Comparison of Trading Exposure

Exposure Paytm Money SBI Securities
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1X
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Comparison of programs — Paytm Money vs. SBI Securities

Paytm Money and SBI Securities both list a sub-broker program. Paytm Money and SBI Securities both list a partner program. Paytm Money and SBI Securities both list a referral program.

Paytm Money vs SBI Securities — Comparative Analysis of Programs

Program Paytm Money SBI Securities
Sub-Broker ProgramYesYes
Partner ProgramYesYes
Referral ProgramYesYes

Customer support comparison — Paytm Money vs. SBI Securities

Paytm Money provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. SBI Securities provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. SBI Securities operates Available branches.

Paytm Money and SBI Securities — Comprehensive Comparison of Customer Support

Support Channel Paytm Money SBI Securities
Trading SupportAvailable, ChargeableAvailable, Free
Dedicated DealerAvailable, ChargeableAvailable, Free
Call Support080-46253716022-68545555
Email Support[email protected][email protected]
WhatsApp SupportNA
Website SupportWebsite LinkWebsite Link
Facebook SupportFacebook Support LinkFacebook Support Link
Twitter / X SupportTwitter Support LinkTwitter Support Link
Telegram SupportTelegram Support Link
Branches / OfficesNAAvailable

Ratings — Paytm Money vs. SBI Securities

Both brokers have been evaluated across key parameters to help investors make an informed comparison. Paytm Money carries an overall rating of 8.85 / 10, while SBI Securities carries an overall rating of 8.95 / 10.

Paytm Money vs SBI Securities — Ratings Comparison

Rating Parameter Paytm Money SBI Securities
Overall Rating 8.85 / 10 8.95 / 10
Customer Support 8.81 / 10 8.92 / 10
Technology 8.95 / 10 9.06 / 10
Charges 8.88 / 10 8.99 / 10
Products & Services 8.79 / 10 8.90 / 10
Experience 8.77 / 10 8.88 / 10

Complaints — Paytm Money vs. SBI Securities

SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.

Paytm Money & SBI Securities — Comparison of Customer Complaints

Complaint Metric Paytm Money SBI Securities
Total Complaints Lodged 195 182
Total Complaints Resolved 172 162
% of Resolved Complaints 88.21% 89.01%
Non-Actionable Complaints 18 11
% of Non-Actionable Complaints 9.23% 6.04%

Transaction charges comparison — Paytm Money vs. SBI Securities

Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Paytm Money and SBI Securities.

Paytm Money vs SBI Securities — Detailed Comparison of Transaction Charges

Transaction Charges Paytm Money SBI Securities
Equity Delivery 0.00345% (NSE) & 0.00375% (BSE)
Equity Intraday 0.00345% (NSE) & 0.00375% (BSE)
Equity Future 0.002% (NSE & BSE)
Equity Option 0.053% (on premium)
Commodity Future NA
Commodity Option NA
Currency Future NA
Currency Option NA

Pledge charges comparison — Paytm Money vs. SBI Securities

Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.

Paytm Money & SBI Securities — Comprehensive Comparison of Pledge Charges

Pledge Charge Paytm Money SBI Securities
Pledge Creation Charges Rs.15 per Request
Pledge Invocation Charges Rs.15 per Request
Margin Trading Interest 0.049% per day

Hidden charges comparison — Paytm Money vs. SBI Securities

Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.

Paytm Money and SBI Securities — Detailed Comparison of Hidden / Other Charges

Charge Paytm Money SBI Securities
SEBI Turnover Charges Rs.10/ Crore (All Segment)
DP Charges Rs.13.5 per Scrip only on Sell
GST 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Nil
Reactivation Charges Nil
Dematerialisation Charges Rs.250 per 100 Certificate
Call & Trade Charges Rs.100 per Trade

Compare Demat charges — Paytm Money vs SBI Securities

Paytm Money lists account opening charges of Rs.200 and Demat AMC of Free. SBI Securities lists account opening charges of Rs.850 and Demat AMC of Rs.750.

Paytm Money vs SBI Securities — Detailed Comparison of Demat Charges

Demat Charges Paytm Money SBI Securities
Account Opening ChargesRs.200Rs.850
Annual Maintenance Charges (AMC)FreeRs.750

Paytm Money vs SBI Securities — Compare STT & CTT

Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.

Paytm Money vs SBI Securities — Comparative Analysis of STT and CTT Charges

STT & CTT Paytm Money SBI Securities
Equity Delivery 0.1% on buy & sell
Equity Intraday 0.025% on sell
Equity Future 0.0125% on sell
Equity Option 0.0625% on sell (on premium)
Commodity Future NA
Commodity Option NA
Currency Future NA
Currency Option NA

Compare stamp duty — Paytm Money and SBI Securities

Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.

Paytm Money and SBI Securities — Comparison of Stamp Duty Charges

Stamp Duty Paytm Money SBI Securities
Equity Delivery 0.015% on buy
Equity Intraday 0.003% on buy
Equity Future 0.002% on buy
Equity Option 0.003% on buy
Commodity Future NA
Commodity Option NA
Currency Future NA
Currency Option NA

User experience: buying stocks

Paytm Money — User Trading Experience

  • Account Opening Experience: Paytm Money lists account opening charges of Rs.200 and Demat AMC of Free.
  • Platform & Order Execution: Paytm Money provides mobile app access, web trading and algo trading support for market access and order execution.
  • Brokerage Transparency: Key charges include equity intraday brokerage of Rs.15 per Trade or 0.05% (whichever is Low) and equity delivery charges of Rs.15 per Trade & 2.5% (whichever is low). The broker follows a Standard Plan brokerage structure.
  • Trading Tools & Features: The broker highlights watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking to support research, monitoring, and execution.
  • Research & Investment Access: Available products may include equity delivery, equity intraday, equity futures, equity options and mutual funds.
  • Customer Support: Support options listed for Paytm Money include trading desk support, dedicated dealer assistance, call support, email support and website support.
  • Overall Rating: Paytm Money carries an overall rating of 8.85 / 10.
  • Overall Fit: Paytm Money may suit investors who want Demat services, trading services, intraday trading, F&O trading, IPO access and share pledging through mobile app access, web trading and algo trading support.

SBI Securities — User Trading Experience

  • Account Opening Experience: SBI Securities lists account opening charges of Rs.850 and Demat AMC of Rs.750.
  • Platform & Order Execution: SBI Securities provides mobile app access, web trading and desktop terminal access for market access and order execution.
  • Brokerage Transparency: Key charges include equity intraday brokerage of 0.075% of Transaction Value and equity delivery charges of 0.50% of Transaction Value. The broker follows a Standard Plan brokerage structure.
  • Trading Tools & Features: The broker highlights watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips to support research, monitoring, and execution.
  • Research & Investment Access: Available products may include equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.
  • Customer Support: Support options listed for SBI Securities include trading desk support, dedicated dealer assistance, call support, email support and website support.
  • Overall Rating: SBI Securities carries an overall rating of 8.95 / 10.
  • Overall Fit: SBI Securities may suit investors who want Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support through mobile app access, web trading and desktop terminal access.

Frequently Asked Questions


Is Paytm Money better than SBI Securities?
Paytm Money may suit traders looking for equity delivery, equity intraday, equity futures, equity options and mutual funds through mobile app access, web trading and algo trading support, while SBI Securities may appeal to investors who prefer equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures and mobile app access, web trading and desktop terminal access. Compare brokerage, account charges, features, and support tables above before choosing.

Is SBI Securities better than Paytm Money?
SBI Securities may suit traders looking for equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading and desktop terminal access, while Paytm Money may appeal to investors who prefer equity delivery, equity intraday, equity futures, equity options and mutual funds and mobile app access, web trading and algo trading support. Review segment-wise pricing, platform access, and service availability before selecting a broker.

Is Paytm Money cheaper than SBI Securities?
The lower-cost option depends on the segment you trade most. Compare equity delivery (Rs.15 per Trade & 2.5% (whichever is low) vs 0.50% of Transaction Value), intraday (Rs.15 per Trade or 0.05% (whichever is Low) vs 0.075% of Transaction Value), options (Rs.15 per Trade vs Rs.50 to Rs.100 per lot), and AMC (Free vs Rs.750) before deciding.

Is SBI Securities cheaper than Paytm Money?
Pricing should be checked segment by segment. Review delivery, intraday, F&O, currency, commodity, and Demat charges in the tables above to see whether SBI Securities or Paytm Money is more cost-effective for your trading style.

Which is better, SBI Securities vs. Paytm Money?
The better broker is the one that fits your needs on brokerage, Demat charges, products, platforms, service availability, ratings, and support. This comparison page helps you evaluate Paytm Money and SBI Securities side by side before opening an account.

What segments does Paytm Money support?
Paytm Money supports equity delivery, equity intraday, equity futures and equity options.

What segments does SBI Securities support?
SBI Securities supports equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures and currency options.

What is the account opening charge for Paytm Money vs SBI Securities?
Paytm Money lists account opening charges of Rs.200 and Demat AMC of Free. SBI Securities lists account opening charges of Rs.850 and Demat AMC of Rs.750.

Paytm Money Broker Comparison with Top Stock Brokers in India (2026)

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