Side-by-Side Comparison Independent Updated Jun 15, 2026
Paytm Money vs Upstox 2026: Which Broker is Better?
Compare Paytm Money and Upstox side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Paytm Money
Upstox
VS
| Paytm Money | Upstox | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 3.1/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:5 |
| Regulation | SEBI | SEBI |
| Platforms | Proprietary Mobile, Proprietary Web | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
Paytm MoneyUpstox
Best for Low Fees
Paytm MoneyUpstox
Best for Regulation
Paytm MoneyUpstox
Quick Answer
Paytm Money (3.1/5) and Upstox (3.1/5) are closely matched. Paytm Money has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowPaytm Money vs Upstox: Key Differences
Feature
Paytm Money
WinnerUpstox
Our Rating
3.1 / 5
3.1 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0 pips
Commission
None
$0.05/lot
Platforms
Proprietary Mobile, Proprietary Web
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Indices
Stocks, Indices, Commodities
Founded
2018
2009
Headquarters
Bengaluru, India
Mumbai, India
Score
1 / 1
0 / 1
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Find my matchFees Comparison
Fee
Paytm Money
Lower feesUpstox
Spread From
0 pips
0 pips
Commission
None
$0.05/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
Paytm Money scores 3.08/5 while Upstox scores 3.10/5 in our independent rating.
Upstox edges ahead overall, but Paytm Money may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
Paytm Money
3.1/5
Choose Paytm Money if you want…
- No per-trade commission
Upstox
3.1/5
Choose Upstox if you want…
- More established (est. 2009)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Paytm Money & Upstox are available in
Frequently Asked Questions
1Is Paytm Money better than Upstox?
Paytm Money (3.1/5) and Upstox (3.1/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, Paytm Money or Upstox?
Paytm Money offers spreads from 0 pips, while Upstox starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Paytm Money vs Upstox?
Paytm Money requires a minimum deposit of $0. Upstox requires $0.
4Which broker is safer, Paytm Money or Upstox?
Paytm Money is regulated by SEBI, while Upstox holds licences from SEBI.
5What trading platforms do Paytm Money and Upstox support?
Paytm Money supports Proprietary Mobile, Proprietary Web. Upstox supports Proprietary Web, Proprietary Mobile.
6Can I use both Paytm Money and Upstox?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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Paytm Money
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