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Alice Blue Vs Paytm Money: Which one is better?

Both the brokers are registered with SEBI. Alice Blue offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Alice Blue Max Rs 15 per trade while the brokerage of Paytm Money Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Paytm Money is 8,01,809 where number of active customer for Alice Blue is 1,60,409. Paytm Money is serving more customer compare to Alice Blue.

Here we present side-by-side comparison of Alice Blue vs Paytm Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Alice Blue vs Paytm Money's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Alice Blue vs Paytm Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Alice Blue vs Paytm Money's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Alice Blue vs Paytm Money on Service

  Alice Blue Compare
Alice Blue
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 1,60,409 8,01,809
Broker Overview Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders. In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ...Know more about Paytm Money
Broker Enquiry Request call back from Alice Blue Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Alice Blue vs Paytm Money on Trading & Demat Account Opening Charges

Comparison of Alice Blue with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Alice Blue with Paytm Money
Charges Alice Blue Paytm Money
Trading Account Opening Fees Free Free
Trading AMC Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Alice Blue vs Paytm Money on Plan Options

Plans are the most important feature you look when compare Alice Blue with Paytm Money. This section compare on high level about type of plans offered by brokers. Multiple Plans - Alice Blue provide Multiple Plans where Paytm Money doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Alice Blue with Paytm Money on Plan Options
Plan Types Alice Blue Paytm Money
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Alice Blue Paytm Money
Account Opening Request
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Brokerage Charges

Compare Alice Blue vs Paytm Money on Brokerage Charges

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare Alice Blue with Paytm Money
Brokerage Charges Compare Alice Blue Paytm Money
Plan Name F15 Plan Flat Brokerage Plan
Equity Delivery Free 2.5% or Rs 20 whichever is lower
Equity Intraday 0.05% or Rs 15 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% or Rs 15 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures 0.05% or Rs 15 whichever is lower NA
Currency Options Flat Fee Rs 15 NA
Commodity Trading Flat Fee Rs 15 NA
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes - 24% interest PA Info Not Available
Call & Trade Charges Rs 50 per order + GST Rs 100/order +GST
Auto Square off Charges Rs 50 per order + GST Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Alice Blue Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Alice Blue vs Paytm Money on Transaction Charges

Compare Alice Blue with Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Alice Blue with Paytm Money
Transaction Charges Compare Alice Blue Paytm Money
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for alice-blue Complete Brokerage Plans for paytm-money
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Account Features

Compare Alice Blue vs Paytm Money on Account Features

Compare Alice Blue with Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Alice Blue offers Algo Trading where Paytm Money doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Alice Blue offers NRI where Paytm Money doesn't offers NRI Trading.

Account Features - Alice Blue with Paytm Money
Account Features Compare Alice Blue Paytm Money
3 in 1 Account No Alice Blue have 2-in-1 account. Only Demate and Trading account. No Alice Blue have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No No
Online Demo No No
Online Portfolio No Yes
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15 PM 3:10 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Alice Blue vs Paytm Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Alice Blue and Paytm Money. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Alice Blue with Paytm Money
Trading Platform Compare Alice Blue Paytm Money
Desktop Trading Platform ANT - Analyse and Trade Paytm Money
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail Paytm Money Web
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ANT Mobile Paytm Money App
Mobile Trading App Demo ANT Mobile Demo Paytm Money App Demo
Android Mobile App Yes Yes
Android App Download Andriod ANT Mobile Download Andriod Paytm Money App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ANT Mobile Download iOS Paytm Money App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Alice Blue Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for alice-blue Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Alice Blue vs Paytm Money on User Rating

  Alice Blue Paytm Money
  8 Customer Reviews    Rate Alice Blue 5 Customer Reviews    Rate Paytm Money
Fees Ratings 2.6 3.2
Trading Brokerage Rating 3.4 3.8
Trading Platform Usability 2.4 3.0
Customer Service Ratings 2.6 3.0
Overall Ratings 2.1 3.4
Broker Rating Alice Blue is Rated 2.1 / 5 based on 8 customer reviews Paytm Money is Rated 3.4 / 5 based on 5 customer reviews
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Investment Offerings

Compare Alice Blue vs Paytm Money on Investment Offerings

Compare Alice Blue with Paytm Money on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Alice Blue offers trading options in Commodity (MCX) where Paytm Money doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Alice Blue with Paytm Money
Investment Offerings Compare Alice Blue Paytm Money
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity Yes No
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Alice Blue vs Paytm Money on Order Types

Order Type - Compare Alice Blue with Paytm Money on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Paytm Money offers Good Till Cancelled (GTC) orders where Alice Blue doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Alice Blue with Paytm Money
Order Type Compare Alice Blue Paytm Money
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare Alice Blue vs Paytm Money on Customer Service

Compare Alice Blue with Paytm Money on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Alice Blue with Paytm Money
Customer Service Compare Alice Blue Paytm Money
24/7 Customer Service Alice Blue vs Paytm Money - 24x7 customer support No No
Email Support Alice Blue vs Paytm Money - Email Support No Yes
Onine Live Chat Alice Blue vs Paytm Money - Onine Live Chat Yes No
Phone Support Alice Blue vs Paytm Money - Phone Support Yes No
Toll Free Number Alice Blue vs Paytm Money - Toll Free Number No No
Through Branches Alice Blue vs Paytm Money - Through Branches Yes No
Customer Care Number Alice Blue vs Paytm Money - Customer Care Number 08035215000/080-45490850 Info Not Available
Account Opening Process Alice Blue vs Paytm Money - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Alice Blue vs Paytm Money - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Alice Blue vs Paytm Money - Knowledge Center/Education https://tradeschool.aliceblueonline.com/ https://www.paytmmoney.com/care
Head Office Address Alice Blue vs Paytm Money - Head Office Address/Corporate Address Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website Alice Blue vs Paytm Money - Company Website https://www.aliceblueonline.com https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Alice Blue vs Paytm Money on Research Reports, Tips

Compare Alice Blue with Paytm Money on research reports and tips provided by the broker.

Research Reports - Compare Alice Blue with Paytm Money
  Alice Blue Paytm Money
Research Mutual Funds Alice Blue vs Paytm Money - Research Mutual Funds No No
Research Equity Reports Alice Blue vs Paytm Money - Research Equity Reports No No
Research ETF Alice Blue vs Paytm Money - Research ETF No No
Daily Market Report Alice Blue vs Paytm Money - Daily Market Report Yes No
Free Tips Alice Blue vs Paytm Money - Free Tips No No
Quarterly Result Analysis Alice Blue vs Paytm Money - Quarterly Results No No
News Alerts Alice Blue vs Paytm Money - No No
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Demat Account

Compare Alice Blue vs Paytm Money on Demat Account

Compare Alice Blue with Paytm Money on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Paytm Money is Zero where for Alice Blue is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Alice Blue is 0.04% of the value of the transaction where for Paytm Money is ₹10 per ISIN.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Alice Blue with Paytm Money
  Alice Blue Paytm Money
DP Source CDSL CDSL
DP ID Alice Blue vs Paytm Money - DP ID 83500 12088800
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Zero
Advance Deposit Rs 0 Nil
Statutory charges Rs 150 Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% of the value of the transaction ₹10 per ISIN
Demat ₹10 per certificate + ₹50 courier charges ₹250 per 100 shares
Remat ₹30 per certificate + CDSL charges ₹250 per 100 shares
Pledge Creation ₹20 + CDSL charges ₹32 per ISIN
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹20 + CDSL charges ₹32 per ISIN
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹20 + CDSL charges ₹32 per ISIN
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Alice Blue vs Paytm Money on Special Offers and Promotion

Compare Alice Blue with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Alice Blue vs Paytm Money on Special Offers and Promotion
  Alice Blue Paytm Money
Pay In and Pay Out Options Alice Blue vs Paytm Money - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Alice Blue vs Paytm Money - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Alice Blue vs Paytm Money - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms. Paytm Money allows 190+ Banks.
Bank Detail Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Info Not Available
Likes
  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

Detail Review...

Dislikes
  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

Special Offers/Promo
Enquiry Open Alice Blue Account Now>> Open Paytm Money Account Now>>

Last Updated on 2024-01-12T04:48:54+00:00