Paytm Money brings stock market trading at affordable prices: How to use app on Android, iOS
Paytm launched its Paytm Money platform back in 2017. With this Paytm Money is not only going against developed players like HDFC Securities, ICICI Direct, Kotak Securities but also will be competing against the likes of Zerodha, Groww, Sharekhan and more. In order to get a Demat Account with Paytm Money, the users will first need to download and install the Paytm Money app on their Android or iOS smartphone. Paytm Money will also be charging an annual fee of Rs. Varun Sridhar, CEO of Paytm Money, in a press statement, said, “With the addition of equities, Paytm Money seeks to drive financial inclusion among investors by removing information gaps and facilitating stock penetration in the country.” It is safe to trade with Paytm Money as the company has already received formal approval from the Securities and Exchange Board of India for its stockbroking service back in April 2019.
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