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Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp... 
Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system.
Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ...
Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.
| Aditya Birla Money | Paytm Money | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | NSE and BSE |
| Year of Incorporation | 1994 | 2017 |
| Number of Branches | 800 | 1 |
Aditya Birla Money trading account opening charges is Rs 750 while Paytm Money account opening changes is Rs 0. Aditya Birla Money Demat Account AMC Charges is Rs 436 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).
| Aditya Birla Money | Paytm Money | |
|---|---|---|
| Trading Account Opening Charges | Rs 750 | Rs 0 |
| Trading Account AMC Charges | Nil | Rs 300 (Annual Platform Fees) |
| Demat Account Opening Charges | Nil | Rs 0 |
| Demat Account AMC Charges | Rs 436 | Rs 0 (Free) |
Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas Paytm Money brokerage charges for equity is Rs 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.
| Aditya Birla Money | Paytm Money | |
|---|---|---|
| Account Type | Standard Plan | |
| Fixed Charges | NA | |
| Equity Delivery | 0.30% | Rs 0 (Free) |
| Equity Intraday | 0.03% | Lower of 0.05% or Rs 10 per executed order |
| Equity Futures | 0.03% | Rs 10 per executed order |
| Equity Options | Rs 50 per lot | Rs 10 per executed order |
| Currency Futures | 0.03% | |
| Currency Options | Rs 50 per lot | |
| Commodity Futures | 0.03% | |
| Commodity Options | Nil | |
| Special Offer | Special Offer: ₹0 account opening fee + ₹300 of free brokerage + Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades + ₹0 Demat AMC. Get the offer |
| Minimum Brokerage | Rs 20 per executed order | Rs 0.01 per executed order on Equity Delivery trades |
| Other Charges | Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier | |
| Call & Trade Charges | Nil | Rs 300 |
Aditya Birla Money transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).
| Aditya Birla Money | Paytm Money | |
|---|---|---|
| Equity Delivery | Rs 325 per Cr (0.00325%) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Intraday | Rs 325 per Cr (0.00325%) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Futures | Rs 190 per Cr (0.0019%) | Rs 190 per Cr (0.0019%) |
| Equity Options | Rs 5000 per Cr (0.05%) (on premium) | Rs 5,000 per Cr (0.05%) |
| Currency Futures | Rs 110 per Cr (0.0011%) | |
| Currency Options | Rs 4000 per Cr (0.04%) (on premium) | |
| Commodity | MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%) |
Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Paytm Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Aditya Birla Money | Paytm Money | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.
| Aditya Birla Money | Paytm Money | |
|---|---|---|
| 3 in 1 Account |  |
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| Automated 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 | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Etrade, Advanced web, Mobile invest | Paytm Money mobile app, Paytm Money website |
| Intraday Square-off Time | 3:15 | 3:15 PM |
| Other Features | Insurance and Pension scheme available | |
| Referral Program |
Aditya Birla Money is rated 2.8 of 5 based on 23 customer reviews whereas Paytm Money is rated 3.4 of 5 based on 17 customer reviews.
| Aditya Birla Money | Paytm Money | |
|---|---|---|
23 Customer Reviews  |
17 Customer Reviews |
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| Broker Rating | Aditya Birla Money is rated 2.8 of 5 based on 23 customer reviews | Paytm Money is rated 3.4 of 5 based on 17 customer reviews |
| Aditya Birla Money Enquire | Paytm Money Enquire | |
|---|---|---|
| Contact Broker | Leave your contact information and we will get in touch with you.... | ₹0 account opening fee + ₹300 of free brokerage + Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades + ₹0 Demat AMC. Get the offer |
| Aditya Birla Money | Paytm Money | |
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| IPO | |
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| Other Investment Options | Mutual Funds | NPS Retirement Fund, Digital Fund |
| Aditya Birla Money | Paytm Money | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| Good Till Cancelled (GTC) | |
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| Aditya Birla Money | Paytm Money | |
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| Daily Market Report | |
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| Aditya Birla Money | Paytm Money | |
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| Casual Investor | |
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| Aditya Birla Money | Paytm Money | |
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| Reviews | Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments. The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 10 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL. Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website. |
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| Promo / Offers | Free Equity Delivery Trades for Life and More...
This is a limited-time offer. Open Instant Paytm Account online and start trading today. |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Contact Aditya Birla Money
