Paytm Money Vs Axis Direct
Paytm Money
Paytm Money gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, We can also review Paytm Money Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Axis Direct
Axis Direct is a full service Broker. Axis Direct Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Paytm Money Vs Axis Direct - Broker Details
| Paytm Money | Axis Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2018 | 2011 |
| Exchanges | BSE and NSE | BSE, NSE, MCX and NCDEX |
| Branches | Zero | 2500+ |
| Brokerage | ₹15/ Order | 0.05% |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Account Opening & AMC Charges
| Paytm Money | Axis Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹900/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹750/- |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Brokerage charges & Plans
| Paytm Money | Axis Direct | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | N/A | 0.05% |
| Equity Delivery | 2.5% or ₹15/Order | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹15/ Order | ₹10/ Order |
| Commodity Options | N/A | ₹50/ Lot |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | N/A | ₹10/ Order |
| Fixed Charges | ₹15/ Order | N/A |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | 0.05% |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Other Charges
| Paytm Money | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹100/ Order | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | ₹15/ Order | 0.05% |
| Minimum Brokerage | ₹15/ Order | 0.05% |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Transaction Charges
| Paytm Money | Axis Direct | |
|---|---|---|
| Currency Options | N/A | ₹5000/Cr (0.05%) (on premium) |
| Equity Futures | NSE - 0.002% | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) |
| Equity Intraday | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
| Equity Options | 0.053% on Option premium | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) |
| Commodity | N/A | N/A |
| Currency Futures | N/A | ₹190/Cr (0.0019%) |
| Equity Delivery | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Margin (Exposure)
| Paytm Money | Axis Direct | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Features
| Paytm Money | Axis Direct | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:10 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Paytm Money Vs Axis Direct - Review & Rating
| Paytm Money | Axis Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Paytm Money Vs Axis Direct - Request a call back from Broker
| Paytm Money | Axis Direct | |
|---|---|---|
| Call Back Open Account |
Paytm Money Vs Axis Direct - Investment Options
| Paytm Money | Axis Direct | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account |
Paytm Money Vs Axis Direct - Order Type
| Paytm Money | Axis Direct | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account |
Paytm Money Vs Axis Direct - Research & Report
| Paytm Money | Axis Direct | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account |
Paytm Money Vs Axis Direct - Daily Market Report
| Paytm Money | Axis Direct | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Paytm Money Vs Axis Direct - Suitable For Investor
| Paytm Money | Axis Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Paytm Money Vs Axis Direct - Pros & Cons
| Paytm Money | Axis Direct | |
|---|---|---|
| Pros | 1. Simple and user friendly Trading Platform 2. Lowest trading charges and free Equity delivery 3. No maintenance Charges 4. Instant Account open 5. You can invest in digital gold, Mutual Fund and NPS | 1.It offers three in one account that enables the smooth transfer of funds. 2.It provides elaborated research and reports. 3.It provides various trading software that has very quick and high performance. 4. It provides personal guidance from the experts. 5. It has excellent trading platforms. |
| Cons | 1. Zero Margin Facility 2. Paytm Money do not offer NRI Trading 3. Commodity and Currency trading are not Available in Paytm Money 4. There is no Branch Support | 1.They charge high for brokerage, account opening and even Annual Maintenance charges. 2. The exposure provided by the broker is the least. 3. There is no support for the commodity segment. 4. It charges fees for the trading terminal and charges a nominal fee on monthly basis. |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Background
| Paytm Money | Axis Direct | |
|---|---|---|
| Call Back Open Account |
Paytm Money Vs Axis Direct - Compare All Brokers
| Paytm Money | Axis Direct | |
|---|---|---|
| Call Back Open Account |
Paytm Money Vs Axis Direct - STT/CTT
| Paytm Money | Axis Direct | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on Premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Demat transaction charges
| Paytm Money | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | ₹5/Certificate or ₹50/Request, whichever is higher |
| Call Back Open Account |
Paytm Money Vs Axis Direct - GST
| Paytm Money | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Paytm Money Vs Axis Direct - SEBI Charges
| Paytm Money | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Account Opening & AMC Charges
Paytm Money
Axis Direct
Trading Account Opening Charge
₹0 (Free)
₹900/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹750/-
Trading Account AMC
₹0 (Free)
₹0 (Free)
Paytm Money Vs Axis Direct
| Paytm Money | Axis Direct | |
|---|---|---|
Paytm Money Review | Brokerage Charges, Account OpeningPaytm announced its entry into stockbroking through the launch of Paytm Money. The discount broker Paytm Money is an online investment and advisory platform targeted at first-time users. It’s a subsidiary of Noida-based One97 Communications, the company that owns Paytm, and is India’s largest digital payment platfo .. + " Vs "+ Axis Direct |
Axis Direct ReviewsAxis Securities Limited is a full-service broker that is a part of Axis bank, Which is a leading private bank in India. Online Axis directs its services and various other trading financial products to the retail customers in India through Axis Direct brand. Axis direct is NSDL or CDSL participant and ranked among the top stock brokers in India with more than 4.2 lakhs active customer .. |
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Axis Direct
Axis Direct is a full service Broker. Axis Direct Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Paytm Money Vs Axis Direct - Brokerage charges & Plans
| Paytm Money | Axis Direct | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | N/A | 0.05% |
| Equity Delivery | 2.5% or ₹15/Order | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹15/ Order | ₹10/ Order |
| Commodity Options | N/A | ₹50/ Lot |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | N/A | ₹10/ Order |
| Fixed Charges | ₹15/ Order | N/A |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | 0.05% |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Margin (Exposure)
| Paytm Money | Axis Direct | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Other Charges
| Paytm Money | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹100/ Order | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | ₹15/ Order | 0.05% |
| Minimum Brokerage | ₹15/ Order | 0.05% |
| Call Back Open Account |
Paytm Money Vs Axis Direct - STT/CTT
| Paytm Money | Axis Direct | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on Premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Demat transaction charges
| Paytm Money | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | ₹5/Certificate or ₹50/Request, whichever is higher |
| Call Back Open Account |
Paytm Money Vs Axis Direct - GST
| Paytm Money | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Paytm Money Vs Axis Direct - SEBI Charges
| Paytm Money | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Paytm Money Vs Axis Direct - Features
| Paytm Money | Axis Direct | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:10 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |