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Side-by-Side Comparison Independent Updated Oct 28, 2026

Zerodha vs Paytm Money 2026: Which Broker is Better?

Compare Zerodha and Paytm Money side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Zerodha

Paytm Money

ZerodhaPaytm Money
BrokerRank Score3.3/5 ✓3.2/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:51:5
RegulationSEBISEBI
PlatformsProprietary Web, Proprietary MobileProprietary Mobile, Proprietary Web
Quick VerdictBrokerRank recommends
Best for Beginners
ZerodhaPaytm Money
Best for Low Fees
ZerodhaPaytm Money
Best for Regulation
ZerodhaPaytm Money
Quick Answer

Zerodha (3.3/5) and Paytm Money (3.2/5) are closely matched. Zerodha has lower spreads; the better pick depends on your priorities.

See full side-by-side comparison below

Zerodha vs Paytm Money: Key Differences

Feature

Zerodha

Paytm Money

Winner
Our Rating
3.3 / 5
3.2 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.03/lot
None
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Mobile, Proprietary Web
Markets
Stocks, Indices, Commodities
Stocks, Etf, Indices
Founded
2010
2018
Headquarters
Bangalore, India
Bengaluru, India
Score
0 / 1
1 / 1

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Fees Comparison

Fee

Zerodha

Paytm Money

Lower fees
Spread From
0 pips
0 pips
Commission
$0.03/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Zerodha scores 3.26/5 while Paytm Money scores 3.21/5 in our independent rating.

Zerodha 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?

Zerodha

Zerodha

3.3/5

Top pick

Choose Zerodha if you want…

  • More established (est. 2010)
Paytm Money

Paytm Money

3.2/5

Choose Paytm Money if you want…

  • No per-trade commission

Also consider

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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.

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Both Zerodha & Paytm Money are available in

Frequently Asked Questions

1

Is Zerodha better than Paytm Money?

Zerodha (3.3/5) and Paytm Money (3.2/5) 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.

2

Which has lower fees, Zerodha or Paytm Money?

Zerodha offers spreads from 0 pips, while Paytm Money starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Zerodha vs Paytm Money?

Zerodha requires a minimum deposit of $0. Paytm Money requires $0.

4

Which broker is safer, Zerodha or Paytm Money?

Zerodha is regulated by SEBI, while Paytm Money holds licences from SEBI.

5

What trading platforms do Zerodha and Paytm Money support?

Zerodha supports Proprietary Web, Proprietary Mobile. Paytm Money supports Proprietary Mobile, Proprietary Web.

6

Can I use both Zerodha and Paytm Money?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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