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

The side-by-side comparison of IIFL Securities and Paytm Money. Compare IIFL Securities Vs Paytm Money brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best IIFL Securities vs Paytm Money?


IIFL Securities
Incorporated in 1995, IIFL Securities, part of IIFL Group, is one of the largest independent full service stock brokering house serving retail and institutional clients. IIFL Group is a leading financial service provider in India 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 pr... Know more about IIFL 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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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
Supported Exchnages NSE, BSE, MCX NSE and BSE
Account Type Investor Plan (Online Plus) Standard Plan
Year of Incorporation 1996 2017
Number of Branches 900 1
Broker Enquiry Open an Online Trading Account with IIFL Securities. Leave your contact info and we will get in touch with you.
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IIFL Securities Vs Paytm Money Charges & AMC

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

  IIFL Securities Paytm Money
Trading Account Opening Charges Rs 250 (Currently waived off) Rs 200
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 250 (Free for first year) Rs 0 (Free)
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IIFL Securities Vs Paytm Money Brokerage Charges & Plans

IIFL Securities Vs Paytm Money Brokerage

IIFL Securities brokerage charges for equity is 0.25% and intraday is 0.025% whereas Paytm Money brokerage charges for equity is Rs 0 (Free - Minimum Rs 0.01 per executed order) and intraday is R10 per executed order or 0.05% whichever is lower.

  IIFL Securities Paytm Money
Account Type Investor Plan (Online Plus) Standard Plan
Fixed Charges NA NA
Equity Delivery Brokerage 0.25% Rs 0 (Free - Minimum Rs 0.01 per executed order)
Equity Intraday Brokerage 0.025% R10 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.025% Rs 10 per executed order
Equity Options Brokerage Rs 25 per lot Rs 10 per executed order
Currency Futures Trading Brokerage 0.025% or Rs 20 per lot
Currency Options Trading Brokerage Rs 8 per lot
Commodity Futures Trading Brokerage 0.025%
Commodity Options Trading Brokerage Gold Rs 125 | Silver Rs 80 | Crude Oil Rs 80
Special Offer
Special Offer: Open a FREE Demat & Trading Account (Save upto Rs 1150). Get the exclusive offer
Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer

IIFL Securities Vs Paytm Money Brokerage Plan 2

  IIFL Securities Paytm Money
Account Type Premium Plan (Dedicated RM) Standard Plan
Fixed Charges NA NA
Equity Delivery Brokerage 0.50% Rs 0 (Free - Minimum Rs 0.01 per executed order)
Equity Intraday Brokerage 0.05% R10 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.05% Rs 10 per executed order
Equity Options Brokerage Rs 50 per lot Rs 10 per executed order
Currency Futures Trading Brokerage 0.05% or Rs 20 per lot
Currency Options Trading Brokerage Rs 10 per lot
Commodity Futures Trading Brokerage 0.05%
Commodity Options Trading Brokerage Gold Rs 150 | Silver Rs 100 | Crude Oil Rs 100

IIFL Securities Vs Paytm Money Brokerage Plan 3

  IIFL Securities Paytm Money
Account Type Super Trader Plan (Pro Traders) Standard Plan
Fixed Charges Rs 999 NA
Equity Delivery Brokerage 0.10% Rs 0 (Free - Minimum Rs 0.01 per executed order)
Equity Intraday Brokerage 0.01% R10 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.01% Rs 10 per executed order
Equity Options Brokerage flat Rs 10 per lot Rs 10 per executed order
Currency Futures Trading Brokerage 0.015% or Rs 15 per lot
Currency Options Trading Brokerage flat Rs 5 per lot
Commodity Futures Trading Brokerage 0.015%
Commodity Options Trading Brokerage Gold Rs 80 | Silver Rs 50 | Crude Oil Rs 50

IIFL Securities Charges Vs Paytm Money

Minimum Brokerage Charges Rs 0.05 per share (Rs 25 Min) Rs 0.01 per executed order on Equity Delivery trades
Other Brokerage 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 5,000 per Cr (0.05%).

  IIFL Securities Paytm Money
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures Rs 210 per Cr (0.0021%) Rs 190 per Cr (0.0019%)
Equity Options Rs 5100 per Cr (0.051%) (on premium) Rs 5,000 per Cr (0.05%)
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%)
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IIFL Securities Vs Paytm Money Leverage (Margin)

IIFL Securities provides the margin of Upto 20x for intraday trades whereas the Paytm Money margin for intraday cash is Up to 7.5x (based on the stock).

  IIFL Securities Paytm Money
Equity Delivery Upto 3x (18% Annual Interest) 1x (no margin)
Equity Intraday Upto 20x Up to 7.5x (based on the stock)
Equity Futures Upto 3x Intra-day: 3x | Carry forward: 1x (no margin)
Equity Options 3x for shorting Intra-day (Options Sell): 3x | Carry forward: 1x (no margin)
Currency Futures Upto 2x
Currency Options 2x for shorting
Commodity Futures Upto 3x
Commodity Options Upto 3x
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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 Available 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
Other Features
Referral Program
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IIFL Securities Vs Paytm Money Review

IIFL Securities is rated 2.7 of 5 based on 113 customer reviews whereas Paytm Money is rated 3.5 of 5 based on 8 customer reviews.

  IIFL Securities Paytm Money
  113 Customer Reviews    Rate IIFL Securities 8 Customer Reviews    Rate Paytm Money
Fees 2.9 3.8
Trading Brokerage 2.6 3.9
Trading Platform Usability 3.3 3.6
Customer Service 2.7 2.5
Research Capabilities 3.5 3.0
Overall Ratings Rated 2.7 stars Rated 3.5 stars
Broker Rating IIFL Securities is rated 2.7 of 5 based on 113 customer reviews Paytm Money is rated 3.5 of 5 based on 8 customer reviews
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Contact Broker / Request A Call Back

  IIFL Securities Enquire Paytm Money Enquire
Contact Broker

Open a FREE Demat & Trading Account (Save upto Rs 1150). Get the exclusive 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
Initial Public Offers (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
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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
Trader Yes Yes
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IIFL Securities Vs Paytm Money - Pros and Cons

  IIFL Securities Paytm Money
Pros
  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. India Infoline Ltd 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. SMS alerts at additional Rs 249 per month
  2. Demat debit charges is 0.05% (Minimum Rs 15 - Maximum Rs 100) per debit transaction. Demat credit charges is NIL.
  3. India Infoline doesn't provide 3-in-1 account.
  • Branch support not available.
  • GTC order type not available.
  • Charges for the usage of trading platforms.
  • 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 Open IIFL Demat & Trading Account & Save upto Rs 1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer

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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