IIFL Securities Vs Paytm Money (Compare IIFL Securities and Paytm Money)

IIFL Securities Vs Paytm Money

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 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.

	IIFL Securities	Paytm Money
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX	NSE and BSE
Year of Incorporation	1996	2017
Number of Branches	900	1
	Open IIFL Securities Account	Open Paytm Money Account

IIFL Securities Vs Paytm Money Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 200. IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

	IIFL Securities	Paytm Money
Trading Account Opening Charges	Rs 0 (Free)	Rs 200
Trading Account AMC Charges	Rs 0	Rs 300 (Annual Platform Fees)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 250 (Free for 1st year)	Rs 0 (Free)

IIFL Securities Vs Paytm Money Brokerage

IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas Paytm Money brokerage charges for equity is Rs 15 per executed order or 2.5% whichever is low and intraday is Rs 15 per executed order or 0.05% whichever is low.

Account Type	IIFL Securities iServe	Paytm Money Standard Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per order	Rs 15 per executed order or 2.5% whichever is low
Equity Intraday	Rs 20 per order	Rs 15 per executed order or 0.05% whichever is low
Equity Futures	Rs 20 per order	Rs 15 per executed order or 0.02% whichever is low
Equity Options	Rs 20 per order	Rs 15 per executed order
Currency Futures	Rs 20 per order
Currency Options	Rs 20 per order
Commodity Futures	Rs 20 per order
Commodity Options	Rs 20 per order
Special Offer	Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.	Special Offer: Pay flat ₹15 per trade brokerage for Delivery, Intra-day and F&O trades. Get the offer

IIFL Securities Charges Vs Paytm Money

Minimum Brokerage
Other Charges	Advisory SMS - Rs 50 per month	Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges	Rs 50 per call	Rs 300

IIFL Securities Vs Paytm Money Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while Paytm Money exchange transaction charges for options is Rs 5,300 per Cr (0.053%) on premium.

	IIFL Securities	Paytm Money
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	Rs 210 per Cr (0.0021%)	Rs 200 per Cr (0.002%)
Equity Options	Rs 5100 per Cr (0.051%) (on premium)	Rs 5,300 per Cr (0.053%) on premium
Currency Futures	Rs 210 per Cr (0.0021%)
Currency Options	Rs 5100 per Cr (0.051%) (on premium)
Commodity	Group A - Rs 280 per Cr (0.0028%)
	Open IIFL Securities Account	Open Paytm Money Account

IIFL Securities Vs Paytm Money Leverage (Margin)

IIFL Securities 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.

	IIFL Securities	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)
	Open IIFL Securities Account	Open Paytm Money Account

Compare IIFL Securities and Paytm Money Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

	IIFL Securities	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	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	Paytm Money mobile app, Paytm Money website
Intraday Square-off Time		3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open IIFL Securities Account	Open Paytm Money Account

IIFL Securities Vs Paytm Money Review

IIFL Securities is rated 2.6 of 5 based on 128 customer reviews whereas Paytm Money is rated 3.3 of 5 based on 43 customer reviews.

	IIFL Securities	Paytm Money
	128 Customer Reviews	43 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.6 of 5 based on 128 customer reviews	Paytm Money is rated 3.3 of 5 based on 43 customer reviews

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IIFL Securities Vs Paytm Money Investment Options

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

IIFL Securities Vs Paytm Money Order Type Offered

	IIFL Securities	Paytm Money
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open IIFL Securities Account	Open Paytm Money Account

IIFL Securities Vs Paytm Money Research Report

	IIFL Securities	Paytm Money
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IIFL Securities Vs Paytm Money Suitable For Investor Type

	IIFL Securities	Paytm Money
Casual Investor
Active Investor
Trader

IIFL Securities Vs Paytm Money - Pros and Cons

	IIFL Securities	Paytm Money
Pros	Full-service broker offering quality research and recommendations. Flat Rs 20 per trade brokerage for Intraday & F&O. IIFL offers Equity SIP and Mutual Fund SIP. Margin funding is available. IIFL Securities is a publicly-traded company listed at BSE and NSE.	Flat rate brokerage fee (max Rs 15 per treade). 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	Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges. Equity delivery brokerage is charged at flat Rs 20 per trade. It doesn't offer Direct Mutual Funds. Call & trade changes are Rs 50 per call.	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 15 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	IIFL Securities Special Offer Flat Rs 20 Per Trade Brokerage + Free Account Opening Flat Rs 20 per trade brokerage for delivery, intraday and F&O + Trade with the best rated mobile trading app. This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.	Paytm Money Special Offer Flat ₹15 per trade brokerage and More... Pay flat ₹15 per executed order for Delivery, Intraday & F&O. This is a limited-time offer. Open Instant Paytm Account online and start trading today.
	Open IIFL Securities Account	Open Paytm Money Account