Paytm Money Vs ICICI 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.
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Paytm Money Vs ICICI Direct - Broker Details
| Paytm Money | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2018 | 1995 |
| Exchanges | BSE and NSE | BSE and NSE. |
| Branches | Zero | 250+ |
| Brokerage | ₹15/ Order | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Account Opening & AMC Charges
| Paytm Money | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Brokerage charges & Plans
| Paytm Money | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | N/A | ₹20/ Order |
| Equity Delivery | 2.5% or ₹15/Order | ₹0.09% |
| Equity Options | ₹15/ Order | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | ₹20/ Order |
| Currency Options | N/A | ₹20/ Order |
| Fixed Charges | ₹15/ Order | ₹20/ Order |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Other Charges
| Paytm Money | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹100/ Order | ₹50/ Order |
| Other Brokerage Charges | ₹15/ Order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹15/ Order | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Transaction Charges
| Paytm Money | ICICI Direct | |
|---|---|---|
| Currency Options | N/A | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE - 0.002% | NSE: 0.002% |
| Equity Intraday | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | 0.053% on Option premium | NSE: 0.053% |
| Commodity | N/A | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | N/A | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | 0.00345% trade on buy & sell |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Margin (Exposure)
| Paytm Money | ICICI 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 | Call Back Open Account |
Paytm Money Vs ICICI Direct - Features
| Paytm Money | ICICI 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Review & Rating
| Paytm Money | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Request a call back from Broker
| Paytm Money | ICICI Direct | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Investment Options
| Paytm Money | ICICI 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 | Call Back Open Account |
Paytm Money Vs ICICI Direct - Order Type
| Paytm Money | ICICI 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 | Call Back Open Account |
Paytm Money Vs ICICI Direct - Research & Report
| Paytm Money | ICICI 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 | Call Back Open Account |
Paytm Money Vs ICICI Direct - Daily Market Report
| Paytm Money | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Suitable For Investor
| Paytm Money | ICICI Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Pros & Cons
| Paytm Money | ICICI 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 facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. |
| 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. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Background
| Paytm Money | ICICI Direct | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Compare All Brokers
| Paytm Money | ICICI Direct | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - STT/CTT
| Paytm Money | ICICI 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 | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| 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 both Buy and 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 | Call Back Open Account |
Paytm Money Vs ICICI Direct - Demat transaction charges
| Paytm Money | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - GST
| Paytm Money | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - SEBI Charges
| Paytm Money | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Account Opening & AMC Charges
Paytm Money
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free)
₹0 (Free)
Paytm Money Vs ICICI Direct
| Paytm Money | ICICI 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 "+ ICICI Direct |
ICICI Direct Review | Brokerage Charges, Account OpeningWith ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
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ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Paytm Money Vs ICICI Direct - Brokerage charges & Plans
| Paytm Money | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | N/A | ₹20/ Order |
| Equity Delivery | 2.5% or ₹15/Order | ₹0.09% |
| Equity Options | ₹15/ Order | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | ₹20/ Order |
| Currency Options | N/A | ₹20/ Order |
| Fixed Charges | ₹15/ Order | ₹20/ Order |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Paytm Money Vs ICICI Direct - Margin (Exposure)
| Paytm Money | ICICI 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 | Call Back Open Account |
Paytm Money Vs ICICI Direct - Other Charges
| Paytm Money | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹100/ Order | ₹50/ Order |
| Other Brokerage Charges | ₹15/ Order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹15/ Order | ₹20/ Order |
| Call Back Open Account |
Paytm Money Vs ICICI Direct - STT/CTT
| Paytm Money | ICICI 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 | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| 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 both Buy and 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 ICICI Direct - Demat transaction charges
| Paytm Money | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
| Call Back Open Account |
Paytm Money Vs ICICI Direct - GST
| Paytm Money | ICICI 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 ICICI Direct - SEBI Charges
| Paytm Money | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Paytm Money Vs ICICI Direct - Features
| Paytm Money | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:10 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |