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The brokerage of Alice Blue ranges between Rs 15, the brokerage of Groww ranges between Rs 20, while the brokerage of Paytm Money ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Alice Blue is 4, Groww is rated 4, Paytm Money is rated 4 out of 5.
Here we present side-by-side comparison of Alice Blue vs Groww vs Paytm Money stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Alice Blue vs Groww vs Paytm Money on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Alice Blue vs Groww vs Paytm Money in this setion with 360 degree view of broker information.
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE | NSE, BSE |
| 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. | Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... |
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 & ... |
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In this section we have compared Alice Blue vs Groww vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Alice Blue charges Rs 400 PA as AMC for Demat account, Groww charges Free AMC for Demat account, where Paytm Money charges Free AMC for Demat account.
| Charges | Alice Blue | Groww | Paytm Money |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Rs 30 per month (Platform fees) |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 400 PA | Free | Free |
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Plans are the most important feature you look when compare Alice Blue vs Groww vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Alice Blue offers Multiple Plans where Groww and Paytm Money doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Alice Blue | Groww | Paytm Money |
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| Multiple Plans | |
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| Alice Blue | Zerodha | Paytm Money | |
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| Account Opening Request |
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.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
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 | Groww | Paytm Money |
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| Plan Name | F15 Plan | Flat Brokerage Plan | Flat Brokerage Plan |
| Equity Delivery | Free | 0.05% or Rs 20 whichever is lower | 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 | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.05% or Rs 15 whichever is lower | Flat Fee Rs 20 | 0.02% or Rs 20 whichever is lower |
| Equity Options | Flat Fee Rs 15 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Currency Futures | 0.05% or Rs 15 whichever is lower | Not Available | NA |
| Currency Options | Flat Fee Rs 15 | Not Available | NA |
| Commodity Trading | Flat Fee Rs 15 | Not Available | NA |
| Minimum Brokerage | NA | ||
| Hidden Charges | No | Info Not Available | |
| Funding | Yes - 24% interest PA | Info Not Available | NA |
| Call & Trade Charges | Rs 50 per order + GST | Rs 50 Per Executable Order | Rs 100/order +GST |
| Auto Square off Charges | Rs 50 per order + GST | Rs 50 Per Executable Order | Rs 50/order + GST |
| Brokerage Calculator | Brokerage Calculator for Alice Blue | Brokerage Calculator for Groww | Brokerage Calculator for Paytm Money |
Compare Alice Blue vs Groww vs Paytm Money on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Alice Blue | Groww | Paytm Money |
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| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | 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 | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | 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 | 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 | 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 | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | NA | NA |
| Brokerage Charges | Complete Brokerage Plans for alice-blue | Complete Brokerage Plans for groww | Complete Brokerage Plans for paytm-money |
Compare Alice Blue vs Groww vs Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - Groww offers margin funding where Alice Blue and Paytm Money doesn't offers margin funding. NRI Trading - Alice Blue offers NRI Trading where Groww and Paytm Money doesn't offers NRI Trading.
| Account Features Compare | Alice Blue | Groww | Paytm Money |
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| 3 in 1 Account | |
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| Algo Trading | |
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| SMS Alerts | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:10 PM | 3:10 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Alice Blue vs Groww vs Paytm Money. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| Trading Platform Compare | Alice Blue | Groww | Paytm Money |
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| Desktop Trading Platform | ANT - Analyse and Trade | Groww App | Paytm Money |
| Desktop Demo | Info Not Available | Info Not Available | Info Not Available |
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Yes |
Paytm Money Web |
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| Web Trading Demo | Info Not Available | Info Not Available | Web Trading Demo |
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| Mobile Trading App | ANT Mobile | Groww App | Paytm Money App |
| Mobile Trading App Demo | ANT Mobile Demo | Info Not Available | Paytm Money App Demo |
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| Android App Download | Andriod ANT Mobile Download | Andriod Groww App Download | Andriod Download |
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| iOS App Download | iOS ANT Mobile Download | iOS Groww App Download | iOS Paytm Money App Download |
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| Trading Software Charges | Free | Free | Rs. 30 per month |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Alice Blue | Equity Intraday and Delivery Brokerage Calculator for Groww | Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Alice Blue | Futures Brokerage Calculator for Groww | Futures Brokerage Calculator for Paytm Money |
| Options Brokerage Calculator | Options Brokerage Calculator for Alice Blue | Options Brokerage Calculator for Groww | Options Brokerage Calculator for Paytm Money |
| Detail | Detail on Trading Platforms for alice-blue | Detail on Trading Platforms for groww | Detail on Trading Platforms for paytm-money |
| Alice Blue | Groww | Paytm Money | ||
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8 Customer Reviews
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8 Customer Reviews
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6 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | Alice Blue is Rated 2.1 / 5 based on 8 customer reviews | Groww is Rated 4.3 / 5 based on 8 customer reviews | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews |
Compare Alice Blue vs Groww vs 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Alice Blue offers Commodity Trading where Groww and Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | Alice Blue | Groww | Paytm Money |
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| Other Investment Options | NIL | NIL |
Order Type - Compare Alice Blue vs Groww vs Paytm Money on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Alice Blue and Paytm Money provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Alice Blue and Paytm Money provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Alice Blue and Paytm Money AMO facility where Groww doesn't provides AMO. GTC Orders - Paytm Money offers Good Till Cancelled (GTC) orders facility where Alice Blue and Groww doesn't provides GTC.
| Order Type Compare | Alice Blue | Groww | Paytm Money |
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Compare Alice Blue vs Groww vs Paytm Money on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | Alice Blue | Groww | Paytm Money |
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| 24/7 Customer Service | |
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| Customer Care Number | 08035215000/080-45490850 | 9108800604 | NA |
| Account Opening Process | Online/Paperless | Online | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://tradeschool.aliceblueonline.com/ | https://groww.in/academy | https://www.paytmmoney.com/care |
| Head Office Address | Alice Blue, No. 153/2, 3rd Floor,M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bangalore - 560063 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 | Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
| Website | https://www.aliceblueonline.com | https://groww.in/ | https://www.paytmmoney.com/ |
Compare Alice Blue vs Groww vs Paytm Money on research reports and tips provided by broker.
| Alice Blue | Groww | Paytm Money | |
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| Research Mutual Funds | |
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| Research ETF | |
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Compare Alice Blue vs Groww vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Alice Blue | Groww | Paytm Money | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 83500 | No | 12088800 |
| Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | Zero | Zero |
| Advance Deposit | Rs 0 | Nil | Nil |
| Statutory charges | Rs 150 Stamp Charges | Legal Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% of the value of the transaction | ₹8 + ₹5.50 CDSL charges | ₹10 per ISIN |
| Demat | ₹10 per certificate + ₹50 courier charges | ₹150 per certificate + courier charges | ₹250 per 100 shares |
| Remat | ₹30 per certificate + CDSL charges | ₹150 per certificate + courier charges | ₹250 per 100 shares |
| Pledge Creation | ₹20 + CDSL charges | ₹20 + Rs. 12 per request (CDSL Charges) | ₹32 per ISIN |
| Pledge Creation Confirmation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Closure | ₹20 + CDSL charges | ₹20 + Rs. 12 per request (CDSL Charges) | ₹32 per ISIN |
| Pledge Closure Confirmation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Invocation | ₹20 + CDSL charges | ₹20 + Rs. 12 per request (CDSL Charges) | ₹32 per ISIN |
| Failed Instruction Charges | Nil | ₹50 | Nil |
| Other Charges | Nil | Nil | Nil |
Compare Alice Blue vs Groww vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Alice Blue | Groww | Paytm Money | |
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| 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 from Goww 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 | Upto 24 Hrs except Bank Holidays. | Max 24 hrs except bank holidays | Max 24 hrs except bank holidays |
| Bank Supported and Charges | Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms. | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. | 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 | NA |
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| Enquire for Alice Blue | Enquire for Groww | Enquire for Paytm Money |
Last Updated on 2024-01-12T04:48:54+00:00
