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

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

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)

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

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

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)

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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

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	16 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
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

IDBI Capital Vs Paytm Money Investment Options

	IDBI Capital	Paytm Money
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		NPS Retirement Fund, Digital Fund

IDBI Capital Vs Paytm Money Order Type Offered

	IDBI Capital	Paytm Money
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

IDBI Capital Vs Paytm Money Research Report

	IDBI Capital	Paytm Money
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IDBI Capital Vs Paytm Money Suitable For Investor Type

	IDBI Capital	Paytm Money
Casual Investor
Active Investor
Trader

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.