Trading Bells vs Paytm Money Comparison: 2024

About Trading Bells

Tradingbells is an online discount brokerage firm, founded in the year of 2016, headquarter is in Indore, Madhya Pradesh. It is popular for its creative ideas, product and services which provides effortless trading experience to the investors. The firm has a presence in 80 different cities and 16 states throughout the nation.

A franchie of India Infoline (IIFL Securities Ltd.), the brokerage structure of a broking house is very simple and easy to understand. It provides customer assistance through phone, live chats, emails, branches and online feedback. Apart from this their referral program gives a chance to earn 10% of the brokerage generated by your first ten friends and 20% on beyond 10 friends. Tradingbells also offer free trades on their clients' birthdays (Terms & Conditions applied).

TradingBells Stock Broker: Products

With the membership of NSE, BSE, MCX-SX & NCDEX, ICEX, Tradingbells offers a broad variety of investment products including equities,

About Paytm Money

The best part about Paytm Money is in the fact that it carries the brand name Paytm. Now while that provides a huge advantage from a branding perspective, whether it is enough from a functional perspective, we’ll see.

Paytm Money: An Overview

Paytm Money is a mutual fund trading app, facilitating payments through net banking, UPI, OTM. However, it launched its discount broking wing sometime back and is planning to expand its user base towards the stock investors and traders. Paytm Money’s target market happens to be one of the largest population demographics, i.e the young and middle aged. With Paytm Money, the company joints it’s easy to use interface with quality and service standards set by Paytm.

All this while it ventures into the mutual fund app space and further diversifying into the stock broking services in India. Paytm is an Indian company, funded by Alibaba and backed by Ratan Tata

Trading Bells vs Paytm Money Account Opening Charges: 2024

ChargeTrading BellsPaytm Money
Demat Account Opening Charges₹150 ₹0 (Free)
Trading Acc Opening Charges₹ 300 Rs. 200 (One time Digital KYC) + Rs. 300 Account Opening Charges
Trading Account AMC₹ 0₹0 (Free)
Demat Account AMC₹300Annual Platform Fees of Rs.300

Trading Bells vs Paytm Money Brokerage Charges and Plans : 2024

ChargeTrading BellsPaytm Money
Plan NameN/ABasic Plan
Equity Delivery₹ 0₹0
Equity Intraday₹ 20 per executed order0.05% of turnover or ₹10 whichever is lower
Equity Futures₹ 20 per executed order0.05% of turnover or ₹10 whichever is lower
Equity Options₹ 20 per executed order0.05% of turnover or ₹10 whichever is lower
Currency Futures₹ 20 per executed order0.05% of turnover or ₹10 whichever is lower
Currency Options₹ 20 per executed order0.05% of turnover or ₹10 whichever is lower
Commodity Options₹ 20 per executed order0.05% of turnover or ₹10 whichever is lower
Mutual FundN/AN/A

Trading Bells vs Paytm Money Margin / Exposure: 2024

SegmentTrading BellsPaytm Money
Equity Delivery1xUpto 4x
Equity IntradayUp to 10x for Most ScripsUpto 20x
Equity FutureIntraday: 3x | Carry: 1xUpto 3x
Equity Options1xUpto 5x
Currency FutureIntraday: 3x | Carry: 1xUpto 2x
Currency OptionsIntraday: 3x | Carry: 1xUpto 3x
Commodity FutureIntraday: 3x | Carry: 1xUpto 3x
Commodity OptionsN/AN/A

Trading Bells vs Paytm Money Currency Charges and Plans: 2024

Trading Bells charge ₹ 20 per executed order for Currency Futures and ₹ 20 per executed order for Currency Options whereas Paytm Money Charges 0.05% of turnover or ₹10 whichever is lower for Currency futures and 0.05% of turnover or ₹10 whichever is lower for Currency options.

Trading Bells vs Paytm Money Commodity Charges and Plans: 2024

Trading Bells charge ₹ 20 per executed order for commodity and Paytm Money charge 0.05% of turnover or ₹10 whichever is lower for commodity.
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