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Indira Securities Vs Paytm Money: Which one is better?

Both the brokers are registered with SEBI. Indira Securities offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Indira Securities Max 0.01% to 0.10% per trade while the brokerage of Paytm Money ranges between Rs 20. Indira Securities is a Full Service Broker where Paytm Money is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Paytm Money is 8,14,342 where number of active customer for Indira Securities is 8,736. Paytm Money is serving more customer compare to Indira Securities.

Here we present side-by-side comparison of Indira Securities vs Paytm Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Indira Securities vs Paytm Money'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 Indira Securities vs Paytm Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Indira Securities vs Paytm Money's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

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.

Compare Indira Securities vs Paytm Money on Service

  Indira Securities Compare
Indira Securities
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX NSE, BSE
Active Clients 8,736 8,14,342
Broker Overview Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the... Know more about Indira Securities 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 & ...Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Indira Securities vs Paytm Money on Trading & Demat Account Opening Charges

Comparison of Indira Securities with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where Indira Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Indira Securities with Paytm Money
Charges Indira Securities Paytm Money
Trading Account Opening Fees Free Free
Trading AMC Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Indira Securities vs Paytm Money on Plan Options

Plans are the most important feature you look when compare Indira Securities with Paytm Money. 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.

Compare Indira Securities with Paytm Money on Plan Options
Plan Types Indira Securities Paytm Money
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Paytm Money
Account Opening Request
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Brokerage Charges

Compare Indira Securities vs Paytm Money on Brokerage Charges

Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.

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.

Brokerage Charges - Compare Indira Securities with Paytm Money
Brokerage Charges Compare Indira Securities Paytm Money
Plan Name Traditional Brokerage Plan Flat Brokerage Plan
Equity Delivery 0.10% 2.5% or Rs 20 whichever is lower
Equity Intraday 0.01% 0.05% or Rs 20 whichever is lower
Equity Futures 0.01% 0.02% or Rs 20 whichever is lower
Equity Options Rs. 25 per lot (both side) Flat Fee Rs 20
Currency Futures Flat Fee Rs 20 NA
Currency Options Futures: 0.01%|Options: Rs. 25 per lot (both side) NA
Commodity Trading Futures: 0.01%|Options: Rs. 25 per lot (both side) NA
Minimum Brokerage NA NIL
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Free Rs 100/order +GST
Auto Square off Charges Free Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Indira Securities Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Indira Securities vs Paytm Money on Transaction Charges

Compare Indira Securities with Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Indira Securities with Paytm Money
Transaction Charges Compare Indira Securities Paytm Money
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 Non-Agri Rs 260| Agri Rs 600 Per Cr NA
Brokerage Charges Complete Brokerage Plans for indira-securities Complete Brokerage Plans for paytm-money
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Account Features

Compare Indira Securities vs Paytm Money on Account Features

Compare Indira Securities with Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Indira Securities offers Algo Trading where Paytm Money doesn't offers Algo Trading. Margin Funding - Indira Securities offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - Indira Securities offers NRI where Paytm Money doesn't offers NRI Trading.

Account Features - Indira Securities with Paytm Money
Account Features Compare Indira Securities Paytm Money
3 in 1 Account No Indira Securities have 2-in-1 account. Only Demate and Trading account. No Indira Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15 PM 3:10 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Indira Securities vs Paytm Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Indira Securities and Paytm Money. 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 Indira Securities with Paytm Money
Trading Platform Compare Indira Securities Paytm Money
Desktop Trading Platform ODIN Diet Paytm Money
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.indiratrade.com/trade-online Paytm Money Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TradeInsta Paytm Money App
Mobile Trading App Demo TradeInsta Demo Paytm Money App Demo
Android Mobile App Yes Yes
Android App Download Andriod TradeInsta Download Andriod Paytm Money App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS TradeInsta Download iOS Paytm Money App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Indira Securities Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Indira Securities Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Indira Securities Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for indira-securities Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Indira Securities vs Paytm Money on User Rating

  Indira Securities Paytm Money
  1 Customer Reviews    Rate Indira Securities 5 Customer Reviews    Rate Paytm Money
Fees Ratings 2.0 3.2
Trading Brokerage Rating 4.0 3.8
Trading Platform Usability 2.0 3.0
Customer Service Ratings 2.0 3.0
Overall Ratings 3.0 3.4
Broker Rating Indira Securities is Rated 3.0 / 5 based on 1 customer reviews Paytm Money is Rated 3.4 / 5 based on 5 customer reviews
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Investment Offerings

Compare Indira Securities vs Paytm Money on Investment Offerings

Compare Indira Securities with Paytm Money 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 - Indira Securities 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 Indira Securities with Paytm Money
Investment Offerings Compare Indira Securities Paytm Money
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity Yes No
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Indira Securities vs Paytm Money on Order Types

Order Type - Compare Indira Securities with Paytm Money 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) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a 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 Types - Compare Indira Securities with Paytm Money
Order Type Compare Indira Securities Paytm Money
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Indira Securities vs Paytm Money on Customer Service

Compare Indira Securities with Paytm Money 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 Support - Compare Indira Securities with Paytm Money
Customer Service Compare Indira Securities Paytm Money
24/7 Customer Service Indira Securities vs Paytm Money - 24x7 customer support Yes No
Email Support Indira Securities vs Paytm Money - Email Support Yes Yes
Onine Live Chat Indira Securities vs Paytm Money - Onine Live Chat Yes No
Phone Support Indira Securities vs Paytm Money - Phone Support Yes No
Toll Free Number Indira Securities vs Paytm Money - Toll Free Number Yes No
Through Branches Indira Securities vs Paytm Money - Through Branches Yes No
Customer Care Number Indira Securities vs Paytm Money - Customer Care Number +91-(0)731-4797105/115/146 Info Not Available
Account Opening Process Indira Securities vs Paytm Money - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Indira Securities vs Paytm Money - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Indira Securities vs Paytm Money - Knowledge Center/Education https://www.indiratrade.com/blog https://www.paytmmoney.com/care
Head Office Address Indira Securities vs Paytm Money - Head Office Address/Corporate Address
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website Indira Securities vs Paytm Money - Company Website https://www.indiratrade.com/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Indira Securities vs Paytm Money on Research Reports, Tips

Compare Indira Securities with Paytm Money on research reports and tips provided by the broker.

Research Reports - Compare Indira Securities with Paytm Money
  Indira Securities Paytm Money
Research Mutual Funds Indira Securities vs Paytm Money - Research Mutual Funds No No
Research Equity Reports Indira Securities vs Paytm Money - Research Equity Reports Yes No
Research ETF Indira Securities vs Paytm Money - Research ETF No No
Daily Market Report Indira Securities vs Paytm Money - Daily Market Report Yes No
Free Tips Indira Securities vs Paytm Money - Free Tips Yes No
Quarterly Result Analysis Indira Securities vs Paytm Money - Quarterly Results Yes No
News Alerts Indira Securities vs Paytm Money - Yes No
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Demat Account

Compare Indira Securities vs Paytm Money on Demat Account

Compare Indira Securities with Paytm Money 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 Paytm Money is Zero where for Indira Securities is ₹450 pa (Second year onwards).

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 Indira Securities is ₹20 or 0.02% whichever is higher where for Paytm Money is ₹10 per ISIN.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

Demat Charges - Compare Indira Securities with Paytm Money
  Indira Securities Paytm Money
DP Source CDSL CDSL
DP ID Indira Securities vs Paytm Money - DP ID 752000 12088800
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) Zero
Advance Deposit Nil Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹20 or 0.02% whichever is higher ₹10 per ISIN
Demat ₹5 per certificate + ₹35 courier charges ₹250 per 100 shares
Remat ₹50 per RRN ₹250 per 100 shares
Pledge Creation ₹50 ₹32 per ISIN
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹50 ₹32 per ISIN
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹50 or 0.02% whichever is higher ₹32 per ISIN
Failed Instruction Charges ₹25 Nil
Other Charges Book Charges ₹20,POA Charges ₹130 Nil
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Special Offers,Advantages,Disadvantages

Compare Indira Securities vs Paytm Money on Special Offers and Promotion

Compare Indira Securities with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Indira Securities vs Paytm Money on Special Offers and Promotion
  Indira Securities Paytm Money
Pay In and Pay Out Options Indira Securities vs Paytm Money - Pay In and Pay Out Options

Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.

Pay-out/Fund Withdrawal - Bank Transfer only

Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Indira Securities vs Paytm Money - Payout Time

Max 24 hrs except bank holidays

Max 24 hrs except bank holidays
Bank Supported and Charges Indira Securities vs Paytm Money - Bank Supported and Charges

Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).

Paytm Money allows 190+ Banks.
Bank Detail HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
Info Not Available
Likes
  • Trade in shares, derivatives, commodities, and currencies.
  • Paperless account opening at zero charges.
  • Invest in mutual funds online.
  • Safe & secure trading platform; Trade Insta app and Trader Terminal.
  • Free stock trading tips, and research & advisory.
  • Automated trading and robotic advisory services.
  • Free call & trade
  • Place advance order like bracket order, cover order, after market order.
  • Refer & earn benefits.
  • Margin trading facility.

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

Detail Review...

Dislikes
  • 24*7 customer support is not available.
  • You cannot open a 3-in-1 account with Indira Securities.
  • It doesn’t facilitate NRI trading services.
  • High brokerage charges compared to other brokers.
  • MF Planet platform only provides regular mutual fund schemes.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

Special Offers/Promo Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.
Enquiry Open Zerodha Account Now>> Open Paytm Money Account Now>>

Last Updated on 2023-09-14T06:48:55+00:00