The brokerage of Paytm Money Max Rs 10 per trade while the brokerage of IDBI Direct ranges between .08 to .5%. Paytm Money is a Discount Broker where IDBI Direct is a Full Service Broker. Paytm Money is having overall higher rating compare to IDBI Direct. Paytm Money is rated 4 out of 5 where IDBI Direct is rated only 3.5 out of 5.
Here we present side-by-side comparison of Paytm Money vs IDBI Direct 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 IDBI Direct'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 IDBI Direct 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 IDBI Direct'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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE||BSE, NSE|
|Broker Overview||Best broker for free direct mutual fund investment, Zero brokerage delivery trading, and Rs. 10 flat brokerages on equity intraday and F&O trading through Paytm Money App and Web.||IDBI Capital provides well rounded services like 3 in 1 account, support to NRIs, research reports and analytical tools but comes with subscription fee thus not suitable for casual trader. But it can suit active investors with its competitive broker...|
Comparison of Paytm Money with IDBI Direct on trading & demat account opening charges and AMC. Trading account opening charges - Paytm Money offer Free account opening where IDBI Direct charges Rs 700 for account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where IDBI Direct charges Rs 350 PA AMC for Demat account.
|Charges||Paytm Money||IDBI Direct|
|Trading Account Opening Fees||Free||Rs 700|
|Trading AMC||Rs 300 PA||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Free||Rs 350 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Paytm Money with IDBI Direct. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Paytm Money||IDBI Direct|
|Paytm Money||IDBI Direct|
|Account Opening Request|
Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas equity delivery trading and mutual fund investment with Paytm Money is absolutely free of cost.
IDBI Direct Brokerage Plan detail - This is a prepaid brokerage plan with subscription fee.Plan duration from 6 to 12 months.
|Brokerage Charges Compare||Paytm Money||IDBI Direct|
|Plan Name||Flat Brokerage Plan||Flexi Gold Trading Plan (Percentage Based)|
|Equity Delivery||Free||0.5% or 50 paisa|
|Equity Intraday||Rs. 10 or 0.05% whichever is lower||0.08% or 8 paisa|
|Equity Futures||Rs. 10 or 0.02% whichever is lower||0.08% or 8 paisa|
|Equity Options||Flat Fee Rs 10||Rs 100 Per Lot|
|Currency Futures||Rs. 10 or 0.02% whichever is lower||0.08% or 8 paisa|
|Currency Options||Flat Fee Rs 10||Rs 100 Per Lot|
|Minimum Brokerage||NIL||Rs 25 per trade or 2.5% of the trade value whichever is lower.|
|Hidden Charges||No||Info Not Available|
|Funding||Info Not Available||Info Not Available|
|Call & Trade Charges||Rs 300 per executed order||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for Paytm Money||Brokerage Calculator for IDBI Direct|
Compare Paytm Money with IDBI Direct on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Paytm Money||IDBI Direct|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5100 Per Cr|
|Currency Futures||NA||Rs 110 Per Cr|
|Currency Options||NA||Rs 4000 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for paytm-money||Complete Brokerage Plans for idbicapital|
Compare Paytm Money with IDBI Direct on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - IDBI Direct 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 - IDBI Direct offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - IDBI Direct offers NRI where Paytm Money doesn't offers NRI Trading.
|Account Features Compare||Paytm Money||IDBI Direct|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:10 PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w Paytm Money and IDBI Direct. 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||IDBI Direct|
|Desktop Trading Platform||Paytm Money||Infinity|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||Paytm Money Web||https://trade.idbicapital.com/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Paytm Money App||IDBI Direct Mobile App|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Paytm Money App Download||Andriod IDBI Direct Mobile App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Paytm Money App Download||iOS IDBI Direct Mobile App Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Rs. 300/- PA||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Paytm Money||Equity Intraday and Delivery Brokerage Calculator for IDBI Direct|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Paytm Money||Futures Brokerage Calculator for IDBI Direct|
|Options Brokerage Calculator||Options Brokerage Calculator for Paytm Money||Options Brokerage Calculator for IDBI Direct|
|Detail||Detail on Trading Platforms for paytm-money||Detail on Trading Platforms for idbicapital|
Compare Paytm Money with IDBI Direct 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 - Both broker don't offers Commodity Trading (MCX). 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||IDBI Direct|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NPS and digital gold||NIL|
Order Type - Compare Paytm Money with IDBI Direct 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) - Paytm Money provide Cover Orders (CO) where IDBI Direct doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a 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 IDBI Direct 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 broker doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Paytm Money||IDBI Direct|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Paytm Money with IDBI Direct 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||IDBI Direct|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||0120-4770-440||Info Not Available|
|Account Opening Process||Online/Paperless||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://www.paytmmoney.com/blog/?utm_source=Social&utm_medium=Blog&utm_campaign=Launch||Info Not Available|
|Head Office Address||Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034||Info Not Available|
|Website||https://www.paytmmoney.com/||Info Not Available|
Compare Paytm Money with IDBI Direct on research reports and tips provided by the broker.
Compare Paytm Money with IDBI Direct on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Paytm Money||IDBI Direct|
|DP ID||CDSL: 1208||No|
|Demat Account Annual Maintenance Charges(AMC)||Nil||₹350 pa|
|Transaction Charges on Debit (Per ISIN)||₹10 per ISIN||0.04% of transaction value or ₹30 whichever is higher + CDSL charges|
|Demat||₹250 per 100 shares||₹5 per certificate + ₹30 courier charges|
|Remat||₹250 for 100 shares||₹20 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹25 courier charges|
|Pledge Creation||₹32 per ISIN||0.05% of transaction value or ₹50 whichever is higher|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||₹32 per ISIN||0.0002% of transaction value or ₹25 whichever is higher|
|Pledge Closure Confirmation||Nil||0.0002% of transaction value or ₹25 whichever is higher|
|Pledge Invocation||₹32 per ISIN||0.0015% of transaction value or ₹25 whichever is higher|
|Failed Instruction Charges||Nil||Nil|
Compare Paytm Money with IDBI Direct on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Paytm Money||IDBI Direct|
|Pay In and Pay Out Options||Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
|Info Not Available|
|Payout Time||Max 24 hrs except bank holidays||Info Not Available|
|Bank Supported and Charges||Paytm Money allows 190+ Banks.||Info Not Available|
|Bank Detail||Info Not Available||Info Not Available|
3 in 1 service provider; new user friendly design and content layout on new portal idbidirect.in, investment offerings for NRIs
||Commodities & Currency trading is not available, minimum brokerage charges, technical issues with trading platforms|
|Special Offers/Promo||Life Time Free Equity Delivery Trades + ₹0 account opening fee + ₹300 of free brokerage + Free Demat Account with Zero AMC|
|Enquiry||Enquire for Paytm Money||Enquire for IDBI Direct|
Last Updated on 2021-12-23T05:59:14+00:00
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