Both the brokers are registered with SEBI. IIFL Securities offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of IIFL Securities Max Rs 20 per trade while the brokerage of Paytm Money ranges between Rs 20. IIFL Securities is a Full Service Broker where Paytm Money is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Paytm Money is 7,13,918 where number of active customer for IIFL Securities is 4,12,928. Paytm Money is serving more customer compare to IIFL Securities.
Here we present side-by-side comparison of IIFL Securities 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 IIFL Securities 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 IIFL Securities 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 IIFL Securities vs Paytm Money's on
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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||NSE, BSE|
|Broker Overview||IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,...||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 & ...|
Comparison of IIFL Securities with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities offer Free account opening where Paytm Money charges Rs 200 for account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account.
|Charges||IIFL Securities||Paytm Money|
|Trading Account Opening Fees||Free||Rs 200|
|Trading AMC||Free||Rs 30 per month (Platform fees)|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 250 PA (Free for 1st year)||Free|
|Provide DP Service|
Plans are the most important feature you look when compare IIFL Securities with Paytm Money. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||IIFL Securities||Paytm Money|
|IIFL Securities||Paytm Money|
|Account Opening Request|
IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.
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||IIFL Securities||Paytm Money|
|Plan Name||IIFL iSERVE Brokerage Plan||Flat Brokerage Plan|
|Equity Delivery||Flat Rs 20 per order||2.5% or Rs 20 whichever is lower|
|Equity Intraday||Flat Rs 20 per order||0.05% or Rs 20 whichever is lower|
|Equity Futures||Flat Rs 20 per order||0.02% or Rs 20 whichever is lower|
|Equity Options||Flat Rs 20 per order||Flat Fee Rs 20|
|Currency Futures||Flat Rs 20 per order||NA|
|Currency Options||Flat Rs 20 per order||NA|
|Commodity Trading||Flat Rs 20 per order||NA|
|Hidden Charges||Info Not Available||No|
|Funding||Yes - 18% interest PA||Info Not Available|
|Call & Trade Charges||Rs 50 Per Call + GST||Rs 100 per executed order|
|Auto Square off Charges||Rs 50 Per Call + GST||Rs 50 per executed order|
|Brokerage Calculator||Brokerage Calculator for IIFL Securities||Brokerage Calculator for Paytm Money|
Compare IIFL Securities with Paytm Money on transaction charges and PCM fee by segment.
|Transaction Charges Compare||IIFL Securities||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 260 Per Cr | Agri: Rs 175 Per Cr||NA|
|Brokerage Charges||Complete Brokerage Plans for iifl-securities||Complete Brokerage Plans for paytm-money|
Compare IIFL Securities 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 - both doesn't offers Algo trading. Margin Funding - IIFL Securities offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - IIFL Securities offers NRI where Paytm Money doesn't offers NRI Trading.
|Account Features Compare||IIFL Securities||Paytm Money|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:10 PM|
With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities 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||IIFL Securities||Paytm Money|
|Desktop Trading Platform||IIFL Trader terminal||Paytm Money|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://ttweb.indiainfoline.com||Paytm Money Web|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||IIFL Markets||Paytm Money App|
|Mobile Trading App Demo||IIFL Markets Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod IIFL Markets Download||Andriod Paytm Money App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS IIFL Markets Download||iOS Paytm Money App Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Rs. 30 per month|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for IIFL Securities||Equity Intraday and Delivery Brokerage Calculator for Paytm Money|
|Futures Brokerage Calculator||Futures Brokerage Calculator for IIFL Securities||Futures Brokerage Calculator for Paytm Money|
|Options Brokerage Calculator||Options Brokerage Calculator for IIFL Securities||Options Brokerage Calculator for Paytm Money|
|Detail||Detail on Trading Platforms for iifl-securities||Detail on Trading Platforms for paytm-money|
|IIFL Securities||Paytm Money|
|82 Customer Reviews||4 Customer Reviews|
|Trading Brokerage Rating||2.9||4.5|
|Trading Platform Usability||3.4||3.0|
|Customer Service Ratings||2.9||3.5|
|Broker Rating||IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews||Paytm Money is Rated 4.0 / 5 based on 4 customer reviews|
Compare IIFL Securities 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 - IIFL Securities 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) - IIFL Securities provide PMS Service where Paytm Money doesn't offer
|Investment Offerings Compare||IIFL Securities||Paytm Money|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NPS|
Order Type - Compare IIFL Securities 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) - Paytm Money provides Bracket Orders (BO) where IIFL Securities doesn't offer.With the name its cleare 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 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- IIFL Securities offers Good Till Cancelled (GTC) orders where Paytm Money doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||IIFL Securities||Paytm Money|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare IIFL Securities 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 Service Compare||IIFL Securities||Paytm Money|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022-40071000||Info Not Available|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
|Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034|
Compare IIFL Securities with Paytm Money on research reports and tips provided by the broker.
Compare IIFL Securities 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 IIFL Securities 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 IIFL Securities is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 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
|IIFL Securities||Paytm Money|
|DP ID||44700||CDSL: 1208|
|Demat Account Annual Maintenance Charges(AMC)||₹400 pa||Zero|
|Transaction Charges on Debit (Per ISIN)||0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)||₹10 per ISIN|
|Demat||₹15 per certificate + ₹40 courier charges||₹250 per 100 shares|
|Remat||₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges||₹250 per 100 shares|
|Pledge Creation||₹50||₹32 per ISIN|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||Nil||₹32 per ISIN|
|Pledge Closure Confirmation||Nil||Nil|
|Pledge Invocation||Nil||₹32 per ISIN|
|Failed Instruction Charges||Nil||Nil|
Compare IIFL Securities with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|IIFL Securities||Paytm Money|
|Pay In and Pay Out Options||Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
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||Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999.||Max 24 hrs except bank holidays|
|Bank Supported and Charges||Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms.||Paytm Money allows 190+ Banks.|
|Bank Detail||India Infoline Ltd
|Info Not Available|
|Enquiry||Open IIFL Securities Account Now>>||Open Paytm Money Account Now>>|
Last Updated on 2023-09-14T04:42:55+00:00