Paytm Money posts 4% growth in April, outpaces Dhan in active clients

ANI May 14, 2025 342 views

Paytm Money emerged as April's fastest-growing broker with a 4% rise in active clients, outpacing Dhan's 1% growth. While major rivals like Zerodha and Groww saw declines, Paytm Money gained traction with new features like Trader Mode. Its streamlined onboarding and SEBI registration further boosted investor confidence. The platform now holds 6.89 lakh active clients, signaling strong momentum in a slowing market.

"Paytm Money is now pulling decisively ahead with sharper investor targeting and product upgrades." – NSE Report 1C
Paytm Money posts 4% growth in April, outpaces Dhan in active clients
New Delhi, May 14: Paytm Money has emerged as the fastest-growing broker among India's top 25 in April 2025, registering a 4% increase in active clients -- the highest among all major players.

Key Points

1

Added 25,308 active clients in April

2

Outperformed Zerodha, Groww, and Dhan

3

Boosted by Trader Mode and Options Scalper

4

Strengthened credibility with SEBI Research Analyst status

According to NSE's latest Report 1C, the platform added 25,308 active clients in April, taking its total to 6.89 lakh, up from 6.64 lakh in March.

In contrast, most large brokers including Zerodha, Groww, Upstox, and Angel One saw a decline in their active user base during the same period.

Even Dhan, often cited as Paytm Money's direct challenger in the tech-forward broking space, grew by just 1 per cent -- making Paytm Money the clear outperformer for the month in both percentage and absolute terms.

Over the last year, Dhan had garnered attention for its rapid growth, clean UI, and product-led marketing. But April's data suggests a reversal in that trend, with Paytm Money now pulling decisively ahead. The platform's growth is being driven by consistent product upgrades and sharper investor targeting.

Recent launches like 'Trader Mode' and 'Options Scalper' have appealed to more active users, while a streamlined onboarding experience and reduced Pay Later (MTF) rates have made the platform friendlier for new investors.

Its registration as a SEBI Research Analyst has further added to its credibility and service capability.

Even as new demat account creation in India slowed -- April saw the lowest monthly additions in FY26 -- Paytm Money's active client base surged, suggesting stronger engagement and user retention.

With 6.89 lakh active clients now on the platform, it is firmly reclaiming ground and building momentum in a competitive market.According to the information provides on the website of Paytm Money, the platform has over 21 million users for their investment related needs. The platform adds that it is a leader and pioneer in low-cost and commission-free investing. It provides access to investing for Indians and help them achieve their financial goals.

Reader Comments

R
Rahul K.
Great to see Paytm Money's growth! Their simplified UI and focus on new investors is working well. I switched from another broker last year and haven't looked back. The zero-commission model is a game changer for small investors like me. 👍
P
Priya M.
Not surprised at all! Paytm Money's 'Trader Mode' is brilliant for active traders. But they should improve their customer support response time - sometimes takes 2-3 days to resolve queries. Otherwise a solid platform.
A
Amit S.
Interesting how Dhan's growth has slowed down. I think Paytm's brand recognition gives them an edge - most Indians already use Paytm for payments so investing becomes a natural extension. Smart strategy!
S
Sneha R.
As someone who tried multiple platforms, Paytm Money's onboarding is the smoothest. But they need more educational content for beginners. Many new investors join but don't know how to start properly. #FinancialLiteracyMatters
V
Vikram J.
The reduced MTF rates are a masterstroke! With markets being volatile, having lower leverage costs helps traders manage risk better. Paytm Money seems to understand what Indian traders actually need.
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Neha P.
I still prefer Zerodha for advanced charts, but Paytm Money is definitely catching up. Their mobile app performance has improved significantly in the last 6 months. Maybe time to use both platforms for different needs!

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Tags:
Paytm Money Dhan stock brokers active clients Zerodha Groww Upstox Angel One
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