Sep 29, 2020

Paytm Money Opens Stockbroking for all: Will it become the Best Trading Platform?

 Finally, the wait for stock traders is over, as they’ll be now able to do stock trading using Paytm Money. If you’re surprised, then let me make you know everything about this announcement by Paytm Money.

 After trying out the beta version, everyone in the country will be now able to use Paytm Money for stock trading. It has also announced low pricing brokerage, which is zero brokerage on delivery orders and Rs 10 for intraday.

Paytm money also offer digital KYC to facilitate paperless account opening for stock traders across the country.

Paytm Money must be definitely aiming for highs as a stock trading platform. It has announced that it plans to onboard over 10 Lakh investors, and they will be even targeting first-time users. It seems that Paytm Money is going to make stock trading more popular and the flexibility that it offers may make many people try out online stock trading in India.

Stock Trading at Paytm Money

Image Source : Paytm Money

Paytm Money has also revealed that its early access program has got a superb response. It has got more than 2 Lakh investors and more than 60 percent of the users are from the age group of 18 to 30, which clearly indicates the growing tendency of youngsters to invest in the stock market in India.

Paytm Money’s stock trading service is now available on web, Android as well as iOS platform. You’ll be able to set up price alerts and you’ll be able to find many more exciting features that may make you like this new stock trading platform.

We have often heard that the online gaming market is seeing some changes, and it seems that the stock trading market will also witness new exciting changes. It will be interesting to see the tactics that Paytm Money will use to attract new investors to use its stock trading platform. We may also find other mobile wallet companies offering stock trading facility in the near future, and that will definitely bring a boost to the stock trading market in India.

Stock traders and investors will definitely try out and review this stock trading platform soon. It will also be interesting to see whether investors will also compare it with the other best stock trading platforms in India.

We expect Paytm Money to come out with more interesting announcements in the near future.

Let us hope that this money management platform by Paytm will now become the best stock trading platform in India. Do let me know your opinion about Paytm Money and whether you’ll be trading for the first time using Paytm Money.


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