Broker comparison

Fyers vs Paytm Money (2026): Brokerage, API, AMC & Execution Compared

Q: Fyers vs Paytm Money: which has lower delivery brokerage?

At our last review, Fyers published delivery brokerage as "₹0 (free)" and Paytm Money as "₹20 per order - see official pricing for current schedule". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Q: Does Fyers or Paytm Money have a trading API?

Both have documented APIs at review time: Fyers (Fyers API), Paytm Money (Paytm Money API). Compare pricing and rate limits on each broker's developer page.

Q: Which is faster — Fyers or Paytm Money?

Fyers publishes p99 < 7 ms (processing, self-reported). Paytm Money has no verifiable execution-speed figure we could cite.

Q: Are these comparisons independent?

Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.

Side-by-side comparison of Fyers and Paytm Money from published official pricing and features — no affiliation with either broker.

By the Indian Broker Test editorial desk · Published 8 July 2026 · Data last reviewed 9 July 2026 · Independent

Fyers vs Paytm Money — published pricing and features (official sources at last review)
Metric	Fyers	Paytm Money
Delivery brokerage	₹0 (free)	₹20 per order - see official pricing for current schedule
Intraday brokerage	₹20 or 0.03% per order (whichever is lower)	₹20 per order (flat)
F&O brokerage	₹20 per order (flat)	₹20 per order (flat)
AMC	₹0 (zero AMC)	₹0 demat AMC (₹300 per year platform fee applies)
Account opening	Free (₹0 account opening)	See official pricing page
Trading API	Fyers API — Free (per official API page)	Paytm Money API — See official developer page
Reported execution speed	p99 < 7 ms (processing, self-reported)self-reported	Not Disclosed
Algo support	Yes - free API; TradingView-based platform	Yes - via trading API
Platforms	Fyers app, Fyers Web, TradingView charts	Paytm Money app, Paytm Money web
Best for (published)	Chart-driven and algorithmic traders who live in TradingView.	Paytm users who want investing and broking inside one ecosystem.

Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.

What the published data shows

Fyers publishes free equity delivery; Paytm Money does not (per official pricing at review). Fyers publishes an execution-speed figure; Paytm Money does not on verifiable sources.

Tools & profiles

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Frequently asked questions

Fyers vs Paytm Money: which has lower delivery brokerage?

At our last review, Fyers published delivery brokerage as "₹0 (free)" and Paytm Money as "₹20 per order - see official pricing for current schedule". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Does Fyers or Paytm Money have a trading API?

Both have documented APIs at review time: Fyers (Fyers API), Paytm Money (Paytm Money API). Compare pricing and rate limits on each broker's developer page.

Which is faster — Fyers or Paytm Money?

Fyers publishes p99 < 7 ms (processing, self-reported). Paytm Money has no verifiable execution-speed figure we could cite.

Are these comparisons independent?

Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.

Sources

Fyers - official website - https://fyers.in
Fyers - official pricing - https://fyers.in/pricing/
Paytm Money - official website - https://www.paytmmoney.com
Paytm Money - official pricing - https://www.paytmmoney.com/pricing