Options Trading on Paytm Money

F&O
1

I’m new to the FnO trading world. Have been investing with kite for some time and till now had never tried looking for another broker. But with the limitations on broker-wise OI on various strike prices in Options trading, had to research for an alternate broker.
Got to know Paytm Money charges 10/executed Options order and even the pledging charges are at rs.10 . Just needed to know from fellow traders, where’s the catch? Anyone here tried their platform?

Also, what are some good alternate brokers for small retail traders for FnO?

1 Like
2

Derivatives carry additional risks as they are heavily leveraged and has unlimited loss potential.
Make sure that you understand everything about it. You can read varsity for that.

Even I want to know about that. Are you sure that Pay TM money does not have any OI limits ?

4

Do they have OI limits ?

5

No angel does not have limits …and support team is also quick and reliable if you open A/c under any subroker

6

Ok.
Is there any special notable feature in angel that others don’t offer ?

7

Yeah you get margin trading facility …for example you have 10 lacks you can buy stocks worth 32 lacks …4× leverage of 80% of ur capital .
But I suggest use this only for intraday trading …it get s very risky for overnight

8

Do you want to open ac for free under my free plan ?

9

I don’t think they will have the volumes to come even close to those limits

10

No thanks, I just wanted to know. May be in future.