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AxisDirect Vs Paytm Money (Compare AxisDirect and Paytm Money)

Axis Securities Logo

About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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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AxisDirect Vs Paytm Money

Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 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.

  AxisDirect Paytm Money
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE and BSE
Year of Incorporation 2006 2017
Number of Branches 56 1
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AxisDirect Vs Paytm Money Charges & AMC

AxisDirect trading account opening charges is Rs 900 while Paytm Money account opening changes is Rs 200. AxisDirect Demat Account AMC Charges is Rs 650 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  AxisDirect Paytm Money
Trading Account Opening Charges Rs 900 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 650 Rs 0 (Free)

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AxisDirect Vs Paytm Money Brokerage

AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas Paytm Money brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is low.

Account Type AxisDirect Standard Brokerage Plan Paytm Money Standard Plan
Fixed Charges NA NA
Equity Delivery 0.50% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 0.05% Rs 20 per executed order or 0.05% whichever is low
Equity Futures 0.05% Rs 20 per executed order or 0.01% whichever is low
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs 20 per executed order
Currency Futures 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer
Paytm Money QR Code

AxisDirect Charges Vs Paytm Money

Minimum Brokerage Rs 20 per trade
Other Charges Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 20 per call Rs 100

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AxisDirect Vs Paytm Money Transaction Charges

AxisDirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Paytm Money exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

  AxisDirect Paytm Money
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 BSE Rs 200 per Cr (0.002%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) (on premium)
Commodity
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AxisDirect Vs Paytm Money Leverage (Margin)

AxisDirect 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.

  AxisDirect 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)
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Compare AxisDirect and Paytm Money Features

The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  AxisDirect Paytm Money
3 in 1 Account Yes 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) Yes No
Trading Platform DirectTrade, Axisdirect Web, Axisdirect Mobile Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 3:15 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features
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AxisDirect Vs Paytm Money Review

AxisDirect is rated 2.0 of 5 based on 89 customer reviews whereas Paytm Money is rated 3.2 of 5 based on 52 customer reviews.

  AxisDirect Paytm Money
  89 Customer Reviews    Rate AxisDirect 52 Customer Reviews    Rate Paytm Money
Fees 2.0 3.3
Brokerage 1.8 3.8
Trading Platform 2.5 3.4
Customer Service 2.1 2.6
Research Capabilities 2.7 3.2
Overall Ratings Rated 2.0 stars Rated 3.2 stars
Broker Rating AxisDirect is rated 2.0 of 5 based on 89 customer reviews Paytm Money is rated 3.2 of 5 based on 52 customer reviews

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Contact Broker / Request A Call Back

  AxisDirect Enquire Paytm Money Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer
Paytm Money QR Code

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AxisDirect Vs Paytm Money Investment Options

  AxisDirect 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 Loans, ETF, Corporate FD NPS Retirement Fund, Digital Fund

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AxisDirect Vs Paytm Money Order Type Offered

  AxisDirect Paytm Money
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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AxisDirect Vs Paytm Money Research Report

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

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AxisDirect Vs Paytm Money Suitable For Investor Type

  AxisDirect Paytm Money
Casual Investor Yes
Active Investor Yes
Trader Yes

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AxisDirect Vs Paytm Money - Pros and Cons

  AxisDirect Paytm Money
Pros
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  • Flat rate brokerage fee (max Rs 20 per trade).
  • 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
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms use fee: Rs 30 per month.
  • 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

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Paytm Money Special Offer

Pay Rs 0 brokerage for first 15 days

  • Pay flat ₹20 per executed order for Delivery, Intraday & F&O.

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

Paytm Money QR Code
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