FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc.
ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tradin...
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 ...
Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 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.
ICICIdirect | Paytm Money | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE | NSE and BSE |
Year of Incorporation | 2000 | 2017 |
Number of Branches | 154 | 1 |
Open Paytm Money Account |
ICICIdirect trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 200. ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).
ICICIdirect | Paytm Money | |
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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 300 (from 2nd year) | Rs 0 (Free) |
ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order 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 | ICICIdirect ICICI Neo Plan | Paytm Money Standard Plan |
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Fixed Charges | NA | NA |
Equity Delivery | 0.55% | Rs 20 per executed order or 2.5% whichever is low |
Equity Intraday | Rs 20 per order | Rs 20 per executed order or 0.05% whichever is low |
Equity Futures | Rs 0 (Free) | Rs 20 per executed order or 0.01% whichever is low |
Equity Options | Rs 20 per order | Rs 20 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 | 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 |
ICICIdirect | Paytm Money | |
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Account Type | I-Secure Plan | Standard Plan |
Fixed Charges | NA | NA |
Equity Delivery | 0.55% | Rs 20 per executed order or 2.5% whichever is low |
Equity Intraday | 0.275% | 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 | Rs 95 per lot | Rs 20 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 | |
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Minimum Brokerage | Rs 35 per trade (I-Secure Plan) | |
Other Charges | Margin Trading Interest: 0.025% Per day | Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier |
Call & Trade Charges | Rs 50 per trade | Rs 100 |
ICICIdirect 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).
ICICIdirect | Paytm Money | |
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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 | Group A - Rs 260 per Cr (0.0026%) | |
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ICICIdirect 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.
ICICIdirect | Paytm Money | |
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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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The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.
ICICIdirect | Paytm Money | |
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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 | ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App | Paytm Money mobile app, Paytm Money website |
Intraday Square-off Time | 3:30 PM | 3:15 PM |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Bullet Trading, Can trade in 32 exchanges through Saxo Trader | |
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ICICIdirect is rated 2.3 of 5 based on 482 customer reviews whereas Paytm Money is rated 3.2 of 5 based on 52 customer reviews.
ICICIdirect Enquire | Paytm Money Enquire | |
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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 |
ICICIdirect | Paytm Money | |
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Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS | NPS Retirement Fund, Digital Fund |
ICICIdirect | Paytm Money | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
Open Paytm Money Account |
ICICIdirect | Paytm Money | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
ICICIdirect | Paytm Money | |
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Casual Investor | ||
Active Investor | ||
Trader |
ICICIdirect | Paytm Money | |
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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. |
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Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Paytm Money Special OfferPay Rs 0 brokerage for first 15 days
This is a limited-time offer. Open Instant Paytm Account online and start trading today. |
Open Paytm Money Account |
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Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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