Chittorgarh.com Logo
FREE Account Opening + No Clearing Fees + Rs 999 API Access
Loading...

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

Indira Securities Pvt Ltd Logo

About Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL. The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers. Indira Securities offers both traditional and discount brokerage plans. In the ... Know more about Indira Securities Pvt 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

Expand

Indira Securities Vs Paytm Money

Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 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.

  Indira Securities Paytm Money
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX and NCDEX NSE and BSE
Year of Incorporation 1987 2017
Number of Branches 335 1
Enquire Indira SecuritiesOpen Paytm Money Account

Expand

Indira Securities Vs Paytm Money Charges & AMC

Indira Securities trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 200. Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Indira Securities Paytm Money
Trading Account Opening Charges Rs 0 (Free) Rs 200
Trading Account AMC Charges Rs 0 (Free) Rs 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 450 (Free for 1st year) Rs 0 (Free)

Expand

Indira Securities Vs Paytm Money Brokerage

Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01% 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 Indira Securities Traditional Plan Paytm Money Standard Plan
Fixed Charges NA NA
Equity Delivery 0.10% Rs 0 (Free)
Equity Intraday 0.01% Lower of 0.05% or Rs 10 per executed order
Equity Futures 0.01% Rs 10 per executed order
Equity Options Rs 25 per lot (both side) Rs 10 per executed order
Currency Futures 0.01%
Currency Options Rs 25 per lot (both side)
Commodity Futures 0.01%
Commodity Options Rs 25 per lot (both side)
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.
Special Offer: Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. Get the offer

Indira Securities Vs Paytm Money Brokerage Plan 2

  Indira Securities Paytm Money
Account Type Discount Brokerage Plan Standard Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order Rs 0 (Free)
Equity Intraday Rs 20 per executed order Lower of 0.05% or Rs 10 per executed order
Equity Futures Rs 20 per executed order Rs 10 per executed order
Equity Options Rs 20 per executed order Rs 10 per executed order
Currency Futures Rs 20 per executed order
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order
Commodity Options Rs 20 per executed order
Enquire Indira SecuritiesOpen Paytm Money Account

Indira Securities Charges Vs Paytm Money

Minimum Brokerage Rs 20 per executed order 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 Rs 0 (Free) Rs 300

Expand

Indira Securities Vs Paytm Money Transaction Charges

Indira Securities transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while Paytm Money exchange transaction charges for options is Rs 5,300 per Cr (0.053%) on premium.

  Indira Securities Paytm Money
Equity Delivery NSE Rs 325 per Cr (0.00325%) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 190 per Cr (0.0019%) Rs 200 per Cr (0.002%)
Equity Options NSE Rs 5000 per Cr (0.05%) (on premium) Rs 5,300 per Cr (0.053%) on premium
Currency Futures NSE Rs 120 per Cr (0.0012%)
Currency Options NSE Rs 500 per Cr (0.005%) (on premium)
Commodity Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)
Enquire Indira SecuritiesOpen Paytm Money Account

Expand

Indira Securities Vs Paytm Money Leverage (Margin)

Indira 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.

  Indira 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)
Enquire Indira SecuritiesOpen Paytm Money Account

Expand

Compare Indira Securities and Paytm Money Features

The trading platforms offered Indira Securities include ODIN. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Indira Securities Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform ODIN Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 PM 3:15 PM
Other Features
Referral Program Yes
Enquire Indira SecuritiesOpen Paytm Money Account

Expand

Indira Securities Vs Paytm Money Review

Indira Securities is rated 4.0 of 5 based on 4 customer reviews whereas Paytm Money is rated 3.8 of 5 based on 24 customer reviews.

  Indira Securities Paytm Money
  4 Customer Reviews    Rate Indira Securities 24 Customer Reviews    Rate Paytm Money
Fees 2.8 3.7
Brokerage 4.0 4.1
Trading Platform 4.0 3.9
Customer Service 3.8 3.0
Research Capabilities 4.3 3.5
Overall Ratings Rated 4.0 stars Rated 3.8 stars
Broker Rating Indira Securities is rated 4.0 of 5 based on 4 customer reviews Paytm Money is rated 3.8 of 5 based on 24 customer reviews

Expand

Contact Broker / Request A Call Back

  Indira Securities Enquire Paytm Money Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.
Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. Get the offer

Expand

Indira Securities Vs Paytm Money Investment Options

  Indira 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 NPS Retirement Fund, Digital Fund

Expand

Indira Securities Vs Paytm Money Order Type Offered

  Indira 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) No No
Enquire Indira SecuritiesOpen Paytm Money Account

Expand

Indira Securities Vs Paytm Money Research Report

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

Expand

Indira Securities Vs Paytm Money Suitable For Investor Type

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

Expand

Indira Securities Vs Paytm Money - Pros and Cons

  Indira Securities Paytm Money
Pros
  • Full-service broker offering discount brokerage plan.
  • Relationship manager even for online customers.
  • Offers ODIN as trading platform.
  • Investment in mutual fund for free.
  • Pan India presence with hundreds of branches, and business partners.
  • No charges for Call & Trade and Auto Square-off.
  • 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. Flat-rate brokerage plans (Rs 20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading account.
  • 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 and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.

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.

Enquire Indira SecuritiesOpen Paytm Money Account

Comments

Add a public comment...

Compare Indira Securities Compare Paytm Money
Compare More Brokers: