InvestorQ : Is it true that Paytm is launching stock broking services at zero cost?
Niti Shenoi made post

Is it true that Paytm is launching stock broking services at zero cost?

Answer
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ishika Banerjee answered.
4 weeks ago


While it is not exactly zero cost, the plans are surely aggressive. Paytm aims to on-board over 10 lakh investors by March 2021. Most could be first time investors. Paytm is already into marketing of mutual fund SIPs and digital gold products.

While there is no charge for cash delivery trades, Paytm will charge Rs.10 for intraday trades. Paytm already follows fully digital KYC with paperless account opening. The model is broadly like the one that Zerodha also follows with a focus on charging intraday and F&O.