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AxisDirect Vs Paytm Money (Compare AxisDirect and Paytm Money)


Axis Securities Logo

AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities


Paytm Money Limited Logo

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 ... Know more about Paytm Money Limited

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AxisDirect Vs Paytm Money

Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 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.

  AxisDirect Paytm Money
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE and BSE
Year of Incorporation 2006 2017
Number of Branches 56 1
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AxisDirect Vs Paytm Money Charges & AMC

AxisDirect trading account opening charges is Rs 900 while Paytm Money account opening changes is Rs 0. AxisDirect Demat Account AMC Charges is Rs 650 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  AxisDirect Paytm Money
Trading Account Opening Charges Rs 900 Rs 0
Trading Account AMC Charges Rs 0 Rs 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 650 Rs 0 (Free)
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AxisDirect Vs Paytm Money Brokerage Charges & Plans

AxisDirect Vs Paytm Money Brokerage

AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas Paytm Money brokerage charges for equity is Rs 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.

  AxisDirect Paytm Money
Account Type Standard Brokerage Plan Standard Plan
Fixed Charges NA NA
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.05% Lower of 0.05% or Rs 10 per executed order
Equity Futures 0.05% Rs 10 per executed order
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs 10 per executed order
Currency Futures 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot
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

AxisDirect Charges Vs Paytm Money

Minimum Brokerage Rs 20 per trade 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 Rs 20 per call Rs 300
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AxisDirect Vs Paytm Money Transaction Charges

AxisDirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  AxisDirect Paytm Money
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) Rs 190 per Cr (0.0019%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) Rs 5,000 per Cr (0.05%)
Currency Futures Rs 190 per Cr (0.0019%)
Currency Options Rs 5000 per Cr (0.05%) (on premium)
Commodity
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AxisDirect Vs Paytm Money Leverage (Margin)

AxisDirect 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.

  AxisDirect 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)
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Compare AxisDirect and Paytm Money Features

The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  AxisDirect Paytm Money
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform DirectTrade, Axisdirect Web, Axisdirect Mobile Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 3:15 PM
Other Features
Referral Program Yes
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AxisDirect Vs Paytm Money Review

AxisDirect is rated 2.1 of 5 based on 76 customer reviews whereas Paytm Money is rated 3.4 of 5 based on 17 customer reviews.

  AxisDirect Paytm Money
  76 Customer Reviews    Rate AxisDirect 17 Customer Reviews    Rate Paytm Money
Fees 2.0 3.4
Brokerage 1.8 3.9
Trading Platform 2.6 3.6
Customer Service 2.2 2.5
Research Capabilities 2.7 3.2
Overall Ratings Rated 2.1 stars Rated 3.4 stars
Broker Rating AxisDirect is rated 2.1 of 5 based on 76 customer reviews Paytm Money is rated 3.4 of 5 based on 17 customer reviews
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Contact Broker / Request A Call Back

  AxisDirect 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
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AxisDirect Vs Paytm Money Investment Options

  AxisDirect Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Loans, ETF, Corporate FD NPS Retirement Fund, Digital Fund
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AxisDirect Vs Paytm Money Order Type Offered

  AxisDirect Paytm Money
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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AxisDirect Vs Paytm Money Research Report

  AxisDirect Paytm Money
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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AxisDirect Vs Paytm Money Suitable For Investor Type

  AxisDirect Paytm Money
Casual Investor Yes
Active Investor Yes
Trader Yes
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AxisDirect Vs Paytm Money - Pros and Cons

  AxisDirect Paytm Money
Pros
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  • Brokerage free equity delivery trading.
  • Low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
Cons
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms uses fee: Rs 300 per year.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
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.

Promo / Offers

Free Equity Delivery Trades for Life and More...

  • ₹0 account opening fee +
  • ₹300 of free brokerage +
  • Brokerage-free Equity Delivery +
  • Flat ₹10 per trade for Intraday & F&O +
  • ₹0 Demat AMC

This is a limited-time offer. Open Instant Paytm Account online and start trading today.

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