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Both the brokers are registered with SEBI and offers investment in Equity, F&O and Currency. The brokerage of Paytm Money Max Rs 20 per trade while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Paytm Money is a Discount Broker where AxisDirect is a Full Service Broker. Paytm Money is having overall higher rating compare to AxisDirect. Paytm Money is rated 4 out of 5 where AxisDirect is rated only 3.5 out of 5. Number of active customer for Paytm Money is 8,02,146 where number of active customer for AxisDirect is 3,63,904. Paytm Money is serving more customer compare to AxisDirect.
Here we present side-by-side comparison of Paytm Money vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Paytm Money vs AxisDirect's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of Paytm Money vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Paytm Money vs AxisDirect's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
 Paytm Money |
 AxisDirect |
|
|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
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Discount Broker | Full Service Broker |
| Exchanges Supported
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NSE, BSE | NSE, BSE |
| Active Clients | 8,02,146 | 3,63,904 |
| Broker Overview | In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ...  |
Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... |
| Broker Enquiry |
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Comparison of Paytm Money with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Paytm Money offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
| Charges | Paytm Money | AxisDirect |
|---|---|---|
| Trading Account Opening Fees | Free | Rs 999 |
| Trading AMC | Rs 30 per month (Platform fees) | Free |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Free | Rs 750 PA (Free for 1st year) |
| Provide DP Service |  |
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Plans are the most important feature you look when compare Paytm Money with AxisDirect. This section compare on high level about type of plans offered by brokers. Multiple Plans - AxisDirect provides Multiple Plans where Paytm Money doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
| Plan Types | Paytm Money | AxisDirect |
|---|---|---|
| Multiple Plans |  |
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| Monthly Plans | |
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| Yearly Plans | |
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| Paytm Money | Zerodha | |
|---|---|---|
| Account Opening Request |
Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.
AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.
| Brokerage Charges Compare | Paytm Money | AxisDirect |
|---|---|---|
| Plan Name | Flat Brokerage Plan | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | 2.5% or Rs 20 whichever is lower | 0.50% (Each leg) |
| Equity Intraday | 0.05% or Rs 20 whichever is lower | 0.05% (Each leg) |
| Equity Futures | 0.02% or Rs 20 whichever is lower | 0.05% (Each leg) |
| Equity Options | Flat Fee Rs 20 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | NA | 0.05% (Each Leg) |
| Currency Options | NA | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading | NA | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage | NIL | NIL |
| Hidden Charges | No | No |
| Funding | Info Not Available | Yes - 18% interest PA |
| Call & Trade Charges | Rs 100/order +GST | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | Rs 50/order + GST | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for Paytm Money | Brokerage Calculator for AxisDirect |
Compare Paytm Money with AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Paytm Money | AxisDirect |
|---|---|---|
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | NA | |
| Brokerage Charges | Complete Brokerage Plans for paytm-money | Complete Brokerage Plans for axisdirect |
Compare Paytm Money with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 account where Paytm Money offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - AxisDirect offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - AxisDirect offers NRI where Paytm Money doesn't offers NRI Trading.
| Account Features Compare | Paytm Money | AxisDirect |
|---|---|---|
| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:10 PM | 2:45 PM |
| NRI Trading | |
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| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Paytm Money and AxisDirect. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
| Trading Platform Compare | Paytm Money | AxisDirect |
|---|---|---|
| Desktop Trading Platform | Paytm Money | Ring |
| Desktop Demo | Info Not Available | Desktop Demo |
| Desktop Platform (Windows) | |
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| Desktop Platform (Mac) | |
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| Web Trading Platform | |
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| Web Trading Detail | Paytm Money Web | https://login.axisdirect.in/ |
| Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | Paytm Money App | AxisDirect Ring Mobile App |
| Mobile Trading App Demo | Paytm Money App Demo | AxisDirect Ring Mobile App Demo |
| Android Mobile App | |
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| Android App Download | Andriod Paytm Money App Download | Andriod AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS Paytm Money App Download | iOS AxisDirect Ring Mobile App Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| Trading Software Charges | Rs. 30 per month | Yes, DirectTrade - Rs 2999 PA |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Paytm Money | Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Paytm Money | Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator | Options Brokerage Calculator for Paytm Money | Options Brokerage Calculator for AxisDirect |
| Detail | Detail on Trading Platforms for paytm-money | Detail on Trading Platforms for axisdirect |
| Paytm Money | AxisDirect | |
|---|---|---|
6 Customer Reviews
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6 Customer Reviews
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| Fees Ratings | 3.2 | 2.5 |
| Trading Brokerage Rating | 3.8 | 2.0 |
| Trading Platform Usability | 3.2 | 3.2 |
| Customer Service Ratings | 2.7 | 2.7 |
| Overall Ratings | 3.0 | 2.3 |
| Broker Rating | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews | AxisDirect is Rated 2.3 / 5 based on 6 customer reviews |
Compare Paytm Money with AxisDirect on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - AxisDirect offers trading options in Commodity (MCX) where Paytm Money doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
| Investment Offerings Compare | Paytm Money | AxisDirect |
|---|---|---|
| Equity Cash and F&O | |
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| Currency Deravitives | |
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| Commodity | |
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| Online IPO Application | |
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| Mutual Funds | |
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| Bond / NCD | |
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| ETF | |
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| Banking | |
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| Insurance | |
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| Forex | |
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| MF SIP Investment | |
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| Equity SIP Investment | |
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| PMS Service | |
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| Other Investment Options | NIL | NIL |
Order Type - Compare Paytm Money with AxisDirect on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Paytm Money provide Bracket Orders (BO) where AxisDirect doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.
| Order Type Compare | Paytm Money | AxisDirect |
|---|---|---|
| CNC order | |
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| MIS order | |
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| NRML order | |
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| Cover order | |
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| Bracket order | |
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| AMO-After Market Orders | |
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| GTC-Good Till Cancelled | |
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Compare Paytm Money with AxisDirect on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
| Customer Service Compare | Paytm Money | AxisDirect |
|---|---|---|
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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| Customer Care Number
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Info Not Available | 022-61480808 |
| Account Opening Process
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Online/Paperless | Online |
| Customer Support Email
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[email protected] | [email protected] |
| Knowledge Center/Education
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https://www.paytmmoney.com/care | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address
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Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 | Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website
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https://www.paytmmoney.com/ | https://simplehai.axisdirect.in |
Compare Paytm Money with AxisDirect on research reports and tips provided by the broker.
| Paytm Money | AxisDirect | |
|---|---|---|
| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Compare Paytm Money with AxisDirect on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for AxisDirect is ₹500 pa where for Paytm Money is Zero.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Paytm Money is ₹10 per ISIN where for AxisDirect is ₹10.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
| Paytm Money | AxisDirect | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
12088800 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | Zero | ₹500 pa |
| Advance Deposit | Nil | Nil |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹10 per ISIN | ₹10 |
| Demat | ₹250 per 100 shares | ₹3 per certificate |
| Remat | ₹250 per 100 shares | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | ₹32 per ISIN | ₹25 |
| Pledge Creation Confirmation | Nil | ₹25 |
| Pledge Closure | ₹32 per ISIN | ₹25 |
| Pledge Closure Confirmation | Nil | ₹25 |
| Pledge Invocation | ₹32 per ISIN | Nil |
| Failed Instruction Charges | Nil | Nil |
| Other Charges | Nil | Nil |
Compare Paytm Money with AxisDirect on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Paytm Money | AxisDirect | |
|---|---|---|
| Pay In and Pay Out Options
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Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only |
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank. Pay-out/Fund Withdrawal - Bank Transfer only. |
| Payout Time
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Max 24 hrs except bank holidays | Instant to Axis Bank. |
| Bank Supported and Charges
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Paytm Money allows 190+ Banks. | Info Not Available |
| Bank Detail | Info Not Available | Direct from your Axis bank account. |
| Likes |
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| Special Offers/Promo | Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | |
| Enquiry | Open Paytm Money Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-12-22T00:01:54+00:00
