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Rupee Desk
91 brokers measured52 pricedmedian 6.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

Paytm Money — India

Key facts (8)

Who actually onboards you
Paytm Money Ltd
Licence number
INZ000240532
Established
2018group
Min deposit, USD
not stated
Platforms
Paytm Money app · web
Local funding
UPI, net-banking.
Max leverage
not stated
EURUSD
not priced

This broker against the India middle (52 of 91)

Paytm MoneyIndia median
Round turn, USDnot priced6.0 USD
Min deposit, USDno data30.0 USD
Max leverageno data500.0geo
Withdrawal, hno data48.0 h
EURUSD, standardnot priced1.0 pips
EURUSD, rawnot priced0.0 pips
Established2018group2008.0
Platforms23

Accepts residents of India

Yes

Score (3/6 axes)

no data

Shown, not ranked: no review-platform rating

Licence check

Licence number
INZ000240532
Checked
2026-07-09

Register

Who actually onboards you

Paytm Money Ltd

Entity not established

Paytm Money Ltd. (subsidiary of One97 Communications).

Public rating and its base

Reviews
4.3/5 based on 8 reviewsgroup

Overall Rating 4.3 Based on 8 reviews

Round turn against the local middle (52 of 91)

Round turn, USD
not priced
Median
6.0 USD

Getting money out

Withdrawal, h
not stated

From the entry account upwards

Demat+Trading; flat-fee plan.

Terminals, markets, instrument counts (2)

Paytm Money app · web

Equity, F&O, MF, ETF, IPO, NPS, bonds; no MCX commodity/currency derivatives.

What works and what to watch

Pros (1)

  • Licensed locally: INZ000240532

Cons (2)

  • Withdrawal time not published
  • Minimum deposit for this country not published

Profits, and what India takes

Exchange-traded currency futures & options profit is generally treated as non-speculative business income and taxed at the individual's income-tax slab rates (as of the review). Intraday speculative positions are speculative business income (losses set off only against speculative income, carry-forward 4 years) vs non-speculative losses carry-forward 8 years. A 20% TCS applies on LRS foreign remit

Where it does not serve

no data

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-09

FAQ (3)

Does Paytm Money accept residents of India?

Yes.

Which entity onboards a India client of Paytm Money?

Paytm Money Ltd

What licence does Paytm Money hold for India?

Licence INZ000240532.