IDBI Capital Vs Paytm Money (Compare IDBI Capital and Paytm Money)


IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India. IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder). IDBI Capital of... Know more about IDBI Capital Markets and Securities Ltd


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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IDBI Capital Vs Paytm Money

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 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.

  IDBI Capital Paytm Money
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, NSDL NSE and BSE
Year of Incorporation 1993 2017
Number of Branches 14 1
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IDBI Capital Vs Paytm Money Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while Paytm Money account opening changes is Rs 200. IDBI Capital Demat Account AMC Charges is Rs 450 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  IDBI Capital Paytm Money
Trading Account Opening Charges Rs 500 Rs 200
Trading Account AMC Charges NIL Rs 0
Demat Account Opening Charges NIL Rs 0
Demat Account AMC Charges Rs 450 Rs 0 (Free)
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IDBI Capital Vs Paytm Money Brokerage Charges & Plans

IDBI Capital Vs Paytm Money Brokerage

IDBI Capital 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.

  IDBI Capital Paytm Money
Account Type Standard Plan Standard Plan
Fixed Charges 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 Rs 100 per lot Rs 10 per executed order
Currency Futures NA
Currency Options NA
Commodity Futures NA
Commodity Options NA
Special Offer
Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer

IDBI Capital Vs Paytm Money Brokerage Plan 2

  IDBI Capital Paytm Money
Account Type Ace Trader Plan Standard Plan
Fixed Charges NA
Equity Delivery 0.10% to 0.50% Rs 0 (Free)
Equity Intraday 0.020% to 0.050% Lower of 0.05% or Rs 10 per executed order
Equity Futures 0.020% to 0.048% Rs 10 per executed order
Equity Options Rs 100 per lot Rs 10 per executed order
Currency Futures
Currency Options
Commodity Futures
Commodity Options

IDBI Capital Charges Vs Paytm Money

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. 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
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IDBI Capital Vs Paytm Money Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  IDBI Capital Paytm Money
Equity Delivery 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures 0.0019% Rs 190 per Cr (0.0019%)
Equity Options 0.051% on premium Rs 5,000 per Cr (0.05%)
Currency Futures NA
Currency Options NA
Commodity NA
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IDBI Capital Vs Paytm Money Leverage (Margin)

IDBI Capital margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Paytm Money margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  IDBI Capital Paytm Money
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare IDBI Capital and Paytm Money Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  IDBI Capital 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 No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Power Pro, Power Streaming, IDBI Direct Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:00 PM 3:15 PM
Other Features Morning Report, Equity SIP, Investment Guide
Referral Program
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IDBI Capital Vs Paytm Money Review

IDBI Capital is rated 2.7 of 5 based on 40 customer reviews whereas Paytm Money is rated 3.4 of 5 based on 16 customer reviews.

  IDBI Capital Paytm Money
  40 Customer Reviews    Rate IDBI Capital 16 Customer Reviews    Rate Paytm Money
Fees 3.2 3.4
Brokerage 2.6 3.9
Trading Platform 2.6 3.7
Customer Service 2.8 2.5
Research Capabilities 2.7 3.2
Overall Ratings Rated 2.7 stars Rated 3.4 stars
Broker Rating IDBI Capital is rated 2.7 of 5 based on 40 customer reviews Paytm Money is rated 3.4 of 5 based on 16 customer reviews
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Contact Broker / Request A Call Back

  IDBI Capital Enquire Paytm Money Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer
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IDBI Capital Vs Paytm Money Investment Options

  IDBI Capital Paytm Money
Stock / Equity Yes Yes
Commodity No No
Currency No No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options NPS Retirement Fund, Digital Fund
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IDBI Capital Vs Paytm Money Order Type Offered

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

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

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

  IDBI Capital Paytm Money
Pros - Prepaid plans are available for volume traders.
  • 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 - Additional charge of Rs 2000 per year for installable trading platform.
  • 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 Trading

Get free equity delivery trading (no brokerage) and pay flat Rs 10 brokerage for Intraday and F&O trades. Rs 0 AMC for your demat account. To open an account with Paytm Money, simply Open Online Account or request a callback.

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IDBI Capital Paytm Money
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