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

IIFL Securities Ltd Logo

About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD... Know more about IIFL Securities Ltd

Paytm Money Limited Logo

About 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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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 AccountOpen Paytm Money Account

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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)

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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 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.

Account Type IIFL Securities iServe Paytm Money Standard Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per order Rs 0 (Free)
Equity Intraday Rs 20 per order Lower of 0.05% or Rs 10 per executed order
Equity Futures Rs 20 per order Rs 10 per executed order
Equity Options Rs 20 per order Rs 10 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: Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. Get the offer

IIFL Securities Charges Vs Paytm Money

Minimum Brokerage Rs 0.01 per executed order on Equity Delivery trades
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

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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 AccountOpen Paytm Money Account

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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 AccountOpen Paytm Money Account

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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 No 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) No No
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 AccountOpen Paytm Money Account

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IIFL Securities Vs Paytm Money Review

IIFL Securities is rated 2.7 of 5 based on 123 customer reviews whereas Paytm Money is rated 3.8 of 5 based on 33 customer reviews.

  IIFL Securities Paytm Money
  123 Customer Reviews    Rate IIFL Securities 33 Customer Reviews    Rate Paytm Money
Fees 2.8 3.6
Brokerage 2.6 4.1
Trading Platform 3.3 3.9
Customer Service 2.7 3.0
Research Capabilities 3.3 3.5
Overall Ratings Rated 2.7 stars Rated 3.8 stars
Broker Rating IIFL Securities is rated 2.7 of 5 based on 123 customer reviews Paytm Money is rated 3.8 of 5 based on 33 customer reviews

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Contact Broker / Request A Call Back

  IIFL Securities Enquire Paytm Money Enquire
Contact Broker 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. Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. Get the offer

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IIFL Securities Vs Paytm Money Investment Options

  IIFL Securities 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 Insurance NPS Retirement Fund, Digital Fund

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IIFL Securities Vs Paytm Money Order Type Offered

  IIFL Securities Paytm Money
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open IIFL Securities AccountOpen Paytm Money Account

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IIFL Securities Vs Paytm Money Research Report

  IIFL Securities Paytm Money
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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IIFL Securities Vs Paytm Money Suitable For Investor Type

  IIFL Securities Paytm Money
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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IIFL Securities Vs Paytm Money - Pros and Cons

  IIFL Securities Paytm Money
Pros
  1. Full-service broker offering quality research and recommendations.
  2. Flat Rs 20 per trade brokerage for Intraday & F&O.
  3. IIFL offers Equity SIP and Mutual Fund SIP.
  4. Margin funding is available.
  5. IIFL Securities is a publicly-traded company listed at BSE and NSE.
  • 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
  1. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Equity delivery brokerage is charged at flat Rs 20 per trade.
  3. It doesn't offer Direct Mutual Funds.
  4. 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 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

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

Free Equity Delivery Trades for Life and More...

  • Brokerage-free Equity Delivery +
  • Flat ₹10 per trade for Intraday & F&O +

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

Open IIFL Securities AccountOpen Paytm Money Account

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