Paytm Money launches stock trading, ₹10 charged for intraday trades

Paytm launched the Stock Trading services last week on Monday. The stock trading is available in its beta version of Paytm Money App for a few android users as part of its early access program. The launch is making a news for the competitive charges of trading. The cash delivery trades are free on the app, and only ₹10 is charged for intraday trades, said a release from the company.

Paytm Money Stock Trading allows a fully digital KYC and 100% paperless account opening process.

The stock trading option will be rolled out in a phased manner. In the early access stage, a limited number of users will be given access every day. Post gauging the user-feedback and market reaction, Paytm will eventually open the access to all in a few weeks.