Fyers vs Paytm Money | Broker Comparison

Fyers vs Paytm Money

Side-by-side view of features, pricing context, and platform fit.

Fyers

Fyers

Active Clients: 2,00,780

Established in 2015, Fyers Securities is a Bangalore-based online discount stock brokerage firm. Fyers facilitates trading in Equity Cash, F&O, and Currency Derivatives segments. The term FYERS stands for "Focus Your ...

Paytm Money

Paytm Money

Active Clients: 8,60,278

Founded in 2017, Paytm Money has emerged as a leading Indian wealth management platform, utilizing technology to simplify investment processes. It enables investments across a wide range of assets, including equities,...

Side-by-Side Compare Table

Category	Fyers	Paytm Money
Basic Details	•Broker Type: Discount broker •Founded: 2015	•Broker Type: Digital-first discount-style broker and wealth platform •Founded: 2017
Charges & AMC	•Trading and Demat Account Opening: Rs 0 •Trading AMC: Rs 0 (lifetime as stated)	•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 0.03% (whichever is lower) •Equity Intraday: Rs 20 or 0.03% (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: additional charge (referenced as Rs 50/order) •Admin square-off charges may apply for auto close positions.	•Auto square-off charge listed (Rs 50). •Physical statement and courier fees can apply on request.
Leverage (Margin)	•Margin products include MTF offerings in promotional messaging. •Practical leverage and margin depend on segment, risk, and exchange norms.	•Margin funding and MTF support are available in product positioning. •Actual leverage depends on segment and risk policies.
Features	•In-house built trading stack. •Insta Options for strategy building and payoff analysis.	•Strong mutual fund and wealth app roots. •GTT, GTC, CO, BO, and basket order support referenced.
Trading Platforms	•Fyers App (mobile) •Fyers Web	•Paytm Money mobile app •Paytm Money web platform
Reviews & Ratings	•Marketed as a low-brokerage technology-first platform. •In this source extract, a single numeric overall rating is not prominently presented.	•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 cash •F&O	•Equity and F&O •Mutual funds and SIP
Order Types Offered	•Standard equity and derivatives order types •Intraday and delivery order handling	•GTT and GTC •CO and BO
Suitable For (Investor Type)	•Active traders focused on low brokerage and platform tools. •Users who prefer in-house charting and options strategy interfaces.	•App-first investors and traders seeking all-digital flow. •Users wanting combined mutual fund plus stock execution.
Pros and Cons	•Pros: •Very competitive flat-fee structure.	•Pros: •Broad digital investing stack with useful advanced order features.

Detailed Comparison

Basic Details

Fyers	Paytm Money
•Broker Type: Discount broker •Founded: 2015 •SEBI Registration: INZ000008524 •NSE Member Code: 90061 •Net Worth: Rs 175.61 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

Fyers	Paytm Money
•Trading and Demat Account Opening: Rs 0 •Trading AMC: Rs 0 (lifetime as stated) •Demat AMC: Rs 0 (lifetime as stated)	•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

Fyers	Paytm Money
•Equity Delivery: Rs 20 or 0.03% (whichever is lower) •Equity Intraday: Rs 20 or 0.03% (whichever is lower) •Futures: Rs 20 or 0.03% (whichever is lower) •Options: Flat Rs 20 per executed order	•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

Fyers	Paytm Money
•Call and Trade: additional charge (referenced as Rs 50/order) •Admin square-off charges may apply for auto close positions. •Usual statutory charges apply across segments.	•Auto square-off charge listed (Rs 50). •Physical statement and courier fees can apply on request. •Usual statutory and exchange charges apply.

Leverage (Margin)

Fyers	Paytm Money
•Margin products include MTF offerings in promotional messaging. •Practical leverage and margin depend on segment, risk, and exchange norms.	•Margin funding and MTF support are available in product positioning. •Actual leverage depends on segment and risk policies.

Features

Fyers	Paytm Money
•In-house built trading stack. •Insta Options for strategy building and payoff analysis. •Low-cost fixed brokerage proposition.	•Strong mutual fund and wealth app roots. •GTT, GTC, CO, BO, and basket order support referenced. •Advisory and market education content ecosystem.

Trading Platforms

Fyers	Paytm Money
•Fyers App (mobile) •Fyers Web •Fyers One desktop terminal	•Paytm Money mobile app •Paytm Money web platform

Reviews & Ratings

Fyers	Paytm Money
•Marketed as a low-brokerage technology-first platform. •In this source extract, a single numeric overall rating is not prominently presented.	•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

Fyers	Paytm Money
•Equity cash •F&O •Currency derivatives •Mutual funds (direct)	•Equity and F&O •Mutual funds and SIP •IPO and ETFs •Bonds and NPS

Order Types Offered

Fyers	Paytm Money
•Standard equity and derivatives order types •Intraday and delivery order handling •Option strategy workflow through Insta Options tools	•GTT and GTC •CO and BO •Basket orders •Standard market and limit order workflows

Suitable For (Investor Type)

Fyers	Paytm Money
•Active traders focused on low brokerage and platform tools. •Users who prefer in-house charting and options strategy interfaces.	•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

Fyers	Paytm Money
•Pros: •Very competitive flat-fee structure. •Lifetime-free account opening and AMC in listed plan context. •Strong options/trader-focused tooling. •Cons: •Assisted channels (call and trade/admin square-off) add extra charges. •Product breadth is narrower than some full-service bank-backed brokers.	•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.