Broker comparison

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

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

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

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

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

Q: Which is faster — Paytm Money or Arrow?

Arrow publishes 95% < 2.9 ms · 99% < 4 ms. 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 Paytm Money and Arrow 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

Paytm Money vs Arrow — published pricing and features (official sources at last review)
Metric	Paytm Money	Arrow
Delivery brokerage	₹20 per order - see official pricing for current schedule	₹0 (free)
Intraday brokerage	₹20 per order (flat)	₹20 or 0.03% per order (whichever is lower)
F&O brokerage	₹20 per order (flat)	₹20 per order (options); ₹20 or 0.03% per order for futures (whichever is lower)
AMC	₹0 demat AMC (₹300 per year platform fee applies)	₹0 (individual accounts; ₹500/year for non-individual accounts)
Account opening	See official pricing page	₹0 (free)
Trading API	Paytm Money API — See official developer page	Arrow API — See official docs
Reported execution speed	Not Disclosed	95% < 2.9 ms · 99% < 4 msself-reported
Algo support	Yes - via trading API	API with Python & Go clients; in-house algo tools “Coming soon” per official site
Platforms	Paytm Money app, Paytm Money web	Arrow mobile app (iOS/Android), Arrow web, Python & Go clients
Best for (published)	Paytm users who want investing and broking inside one ecosystem.	Latency-sensitive and professional traders who prioritise order-execution speed.

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

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

Tools & profiles

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Frequently asked questions

Paytm Money vs Arrow: which has lower delivery brokerage?

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

Does Paytm Money or Arrow have a trading API?

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

Which is faster — Paytm Money or Arrow?

Arrow publishes 95% < 2.9 ms · 99% < 4 ms. 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

Paytm Money - official website - https://www.paytmmoney.com
Paytm Money - official pricing - https://www.paytmmoney.com/pricing
Arrow - official website - https://arrow.trade
Arrow - official pricing - https://arrow.trade/pricing