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.
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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