IPOMarket.in — India IPO tracker

Paytm Money Review 2026

Lowest F&O brokerage with Paytm UPI integration.

Rating
3.7/5
Users
1 crore+
Founded
2018
Open Free Paytm Money Account →

Key Features

  • ✓ Lowest F&O brokerage (₹10/order) among major brokers
  • ✓ Paytm ecosystem integration (wallet, payments, UPI)
  • ✓ Stocks, MF, NPS and ETFs in one app
  • ✓ 1 crore+ registered users
  • ✓ Direct mutual funds at zero commission

Fee Structure

Account Opening₹0
Annual Maintenance₹0 first year, ₹300/year after
Equity Delivery₹15 or 0.05% (lower)
Equity Intraday₹15 or 0.05% (lower)
F&OFlat ₹10 per order (lowest)
IPO Application₹0

Pros

  • + Lowest F&O charges (₹10/order) — best for options traders
  • + Familiar Paytm brand — easy onboarding for Paytm users
  • + Smooth IPO application via Paytm UPI
  • + NPS investment available
  • + Zero delivery brokerage plan available

Cons

  • − Paytm parent company's financial challenges (post-RBI action on PPBL)
  • − Smaller active user base vs Zerodha / Groww
  • − Research and advisory tools limited
  • − Not ideal for serious equity investors

How to Open a Paytm Money Account

  1. 1Open the Paytm Money app or visit paytmmoney.com
  2. 2Sign up with your mobile (Paytm users — auto-fill)
  3. 3Complete KYC with PAN and Aadhaar
  4. 4Link your bank account
  5. 5e-sign with Aadhaar OTP — account active within 24 hours

How to Apply for an IPO on Paytm Money

  1. 1Open the Paytm Money app
  2. 2Tap IPO under the Stocks section
  3. 3Select the IPO you want to apply for
  4. 4Enter lots, select Cut-Off, enter Paytm UPI ID
  5. 5Approve the mandate in Paytm app

Ready to get started?

Open a free Paytm Money demat account in under 5 minutes.

Open Free Paytm Money Account

Frequently Asked Questions

Is Paytm Money safe after RBI's action on Paytm Payments Bank?

Yes — Paytm Money is a separate entity from Paytm Payments Bank. It is SEBI-registered as a stockbroker and is unaffected by the Paytm Payments Bank restrictions.

Is Paytm Money good for F&O trading?

Yes — at ₹10/order, it has the lowest F&O brokerage of any major broker. Ideal for active options traders.

Does Paytm Money charge for IPO applications?

No — IPO applications are free. ₹15 brokerage applies when you sell after listing.

Can I use Paytm UPI for IPO applications?

Yes — one of the smoothest UPI IPO application experiences since Paytm's UPI infrastructure is deeply integrated.

Is Paytm Money good for beginners?

Decent — Paytm brand familiarity helps, but Groww has a better beginner experience. Paytm Money is best for existing Paytm users.