Goodwill Wealth vs Paytm Money – Compare Charges, Trading Features, Offers & more

Find a Comparison of Goodwill Wealth vs Paytm Money here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Goodwill Wealth and Paytm Money.

Background

Year of Incorporation 2008 2017
Website https://www.gwcindia.in/ https://www.paytmmoney.com/
Phone 044 4032 9999 07612796277
Exchanges enabled BSE, NSE, MCX BSE, NSE
Demat (NSDL/CDSL) CDSL CDSL
Brokerage

Equity 0.33% on Delivery & 0.03% on Intraday 2.5% or Rs 20 per executed order, whichever is lower
Equity Futures 0.03% per Executed Order 0.02% or Rs 20 per executed order, whichever is lower
Equity Options Rs 30 per lot Rs 20 per lot
Currency Futures 0.03% per executed order Not Available
Currency Options Rs 30 per lot Not Available
Commodity Rs 30 per lot Not Available
Account Opening Costs

Trading only Rs. 200 Rs 200
Trading & Demat Rs. 200 Rs 200
Commodity Rs. 200 Not Available
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% (NSE) & 0.00375% (BSE) 0.00325%
Futures 0.0019% (NSE & BSE) 0.003% of Turnover
Options 0.05% (on premium) 0.05%
Commodities 0.00436% of Turnover Not Available
AMC charge Rs.350 per Year Rs 0
DP Transaction Charge Rs 30 per Scrip Rs. 13.5/- per sell transaction
Offline order placing Charge Nil 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days Yes
End of Day 5 Years Yes
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 2x for Delivery & Upto 5x for Intraday Upto 4x for Intraday
Equity Futures Upto 2x Upto 2x for intraday
Equity Options Upto 5x 1x
Currency Futures Upto 2x Not Available
Currency Options Upto 3x Not Available
Commodity Upto 5x Not Available
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 10.67 Lakhs Not Available
Profit after Tax FY12/13 Rs 10.71 Lakhs Not Available
Profit after Tax FY13/14 Rs 13.38 Lakhs Not Available
Profit after Tax FY 14/15 Rs 15.82 Lakhs Not Available
Profit after Tax FY 15/16 Rs 22.88 Lakhs Not Available
Profit after Tax FY 16/17 Rs 30.17 Lakhs Not Available
Profit after Tax FY 17/18 Rs 32.22 Lakhs Rs -1490.47 Crores
Profit after Tax FY 18/19 Rs 39.36 Lakhs Rs -2,325.10 Crores
Profit after Tax FY 19/20 Rs 38.00 Lakhs Rs -1,855.80 Crores
Profit after Tax FY 20/21 Rs 45.85 Lakhs Rs -1,672.50 Crores
Profit after Tax FY 21/22 Rs 50.41 Lakhs Rs -1,476.20 Crores
Profit after Tax FY 22/23 Rs 53.66 Lakhs Rs 170 Crores
Debt FY11/12 Rs 12.27 Lakhs Not Available
Debt FY12/13 Rs 16.53 Lakhs Not Available
Debt FY13/14 Rs 16.32 Lakhs Not Available
Debt FY14/15 Rs 18.71 Lakhs Not Available
Debt FY15/16 Rs 12.87 Lakhs Not Available
Debt FY16/17 Rs 19.81 Lakhs Not Available
Debt FY17/18 Rs 11.07 Lakhs Rs 8.96 Crores
Debt FY18/19 Rs 17.64 Lakhs Rs 17.64 Lakhs
Debt FY19/20 Rs 19.66 Lakhs Rs 24.17 Crores
Debt FY20/21 Rs 12.46 Lakhs Rs 22.46 Lakhs
Debt FY21/22 Rs 14.41 Lakhs Rs 24.41 Lakhs
Debt FY22/23 Rs 16.35 Lakhs Rs 36.35 Lakhs
Profit to Equity(%) FY11/12 11.13% Not Available
Profit to Equity(%) FY12/13 13.28% Not Available
Profit to Equity(%) FY13/14 14.33% Not Available
Profit to Equity(%) FY14/15 14.42% Not Available
Profit to Equity(%) FY15/16 18.15% Not Available
Profit to Equity(%) FY16/17 17.74% Not Available
Profit to Equity(%) FY17/18 17.53% 7.40
Profit to Equity(%) FY18/19 18.68% 11.34
Profit to Equity(%) FY19/20 18.09% 13.57
Profit to Equity(%) FY20/21 19.37% 20.75
Profit to Equity(%) FY21/22 20.81% 15.31
Profit to Equity(%) FY22/23 21.97% 19.17
Balance Sheet Size FY11/12 Rs 2094.36 Crores Not Available
Balance Sheet Size FY12/13 Rs 2718.97 Crores Not Available
Balance Sheet Size FY13/14 Rs 3054.10 Crores Not Available
Balance Sheet Size FY14/15 Rs 3146.81 Crores Not Available
Balance Sheet Size FY15/16 Rs 3373.32 Crores Not Available
Balance Sheet Size FY16/17 Rs 3594.45 Crores Not Available
Balance Sheet Size FY17/18 Rs 3875.20 Crore Rs 3952.01 Crore
Balance Sheet Size FY18/19 Rs 4280.67 Lakh Rs 10,751.75 Crores
Balance Sheet Size FY19/20 Rs 4503.50 Crores Rs 14,542.33 Crores
Balance Sheet Size FY20/21 Rs 4314.17 Crores Rs 16,356.60 Crores
Balance Sheet Size FY21/22 Rs 5287.38 Crores Rs 15,636.40 Crores
Balance Sheet Size FY22/23 Rs 5821.90 Crores Rs 14,988.80 Crores

Comparison Link:

Compare Goodwill Wealth Compare Paytm Money
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Goodwill Wealth Vs HDFC Securities Paytm Money Vs HDFC Securities
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Goodwill Wealth Vs Rupeezy Paytm Money Vs Rupeezy
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Goodwill Wealth Vs Groww Paytm Money Vs Groww
Goodwill Wealth Vs Tradesmart Online Paytm Money Vs Tradesmart Online
Goodwill Wealth Vs Upstox Paytm Money Vs Upstox
Goodwill Wealth Vs Zerodha Paytm Money Vs Zerodha

Frequently Asked Questions

Is Goodwill Wealth better than Paytm Money ?

Goodwill Wealth and Paytm Money are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Paytm Money better than Goodwill Wealth ?

Goodwill Wealth and Paytm Money are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Goodwill Wealth cheaper than Paytm Money ?

Goodwill Wealth and Paytm Money are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Paytm Money cheaper than Goodwill Wealth ?

Goodwill Wealth and Paytm Money are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Goodwill Wealth vs. Paytm Money ?

To find out the better of the two stockbrokers Goodwill Wealth and Paytm Money, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.