Stock Trading Apps | Groww, PayTm Money etc

Stock Broking via Groww or Paytm Money
Have you tried either of the platforms for trading in stocks? What tempted you to try out the new platform and how was the experience?

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Used Paytm Money for the MFs, for stocks havent used anything other than Zerodha. It has the cleanest experience.

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Tried PayTM Money for MF but switched to coin and kite by Zerodha for both MF and stocks. Zerodha product and features are better. Their support system is also stronger which is very crucial since we are dealing with large sums of money here. I don’t think I would be able to trust PayTM with more than 20k of money at any given point.

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I recently tried Groww and the app is full of bugs to an extent that its frustrating to use it!!

For starters, Most of the time the current stock price shows higher than the actual price and even if you refresh it doesn’t work. You have to close the app and reopen again to see the current price of the stocks you have invested.The invested amount is shown wrong as compared with the amount in the order list.
The list is endless!

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I’ve been using the paytm app money for a while now and I liked the newly added stock market trading option. Key components such as charts are not informative enough to take decisions and then I have to recheck on TradingView thereby making the process tedious :pensive:

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Groww works nicely and is easy to use. I had got some issue with selling the stock as there was some error and the customer service resolved it in very short period of time. Happy with this app as a beginner!

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@Mehreen
But Groww lacks pretty basic features such as a candlestick graph, stop loss and options for getting alerts when stock has reached a certain value set by the user.

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Tried Paytm money for stocks… Etf stocks are not available in stocks.

I have to set indicator and parameters for the charts in stocks every time you open the charts this is cumbersome. They should take a leaf from zerodha kite… Once the chart indicators and parameters are set it will open in the same pattern everytime and for every stock until you change it!

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A post was split to a new topic: Discussion and Feedback on Zerodha

9 posts were split to a new topic: INDwealth | Discussion and feedback

Any fintech app which tracks Sovereign gold bonds, similar to share stocks?

This thread might be going offtopic again.

Typically every Trading account provider supports it. Zerodha updates new subscriptions via bulletin, ex: https://zerodha.com/marketintel/bulletin/266094/sovereign-gold-bonds-2020-21-series-vi

PS via https://goldenpi.com/home you can buy other bonds online too.

I am not sure if this answers your question.

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I would assume the price to be based on rates published by IBJA here https://ibjarates.com/
Those are the same rates benchmark rates used to arrive at an issue price.

Also SGBs are traded in the secondary market and are listed on the stock exchange, but if you are selling there you will have to sell it at a discount most times. https://www1.nseindia.com/live_market/dynaContent/live_watch/equities_stock_watch.htm?cat=SGB

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