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ICICIDirect Vs Alice Blue Vs Paytm Money: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Alice Blue ranges between Rs 15, while the brokerage of Paytm Money ranges between Rs 20. The broker Alice Blue and Paytm Money are a discount brokers where ICICIDirect is a full service broker. Overall rating for ICICIDirect is 4, Alice Blue is rated 4, Paytm Money is rated 4 out of 5.

Here we present side-by-side comparison of ICICIDirect vs Alice Blue 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 ICICIDirect vs Alice Blue 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 ICICIDirect vs Alice Blue vs Paytm Money in this setion with 360 degree view of broker information.

Compare ICICIDirect vs Alice Blue vs Paytm Money on Service

  ICICIDirect Compare
ICICIDirect
Alice Blue Compare
Alice Blue
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect 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 Zerodha Request call back from Alice Blue Request call back from Paytm Money
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Account Opening Charges and AMC

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

In this section we have compared ICICIDirect vs Alice Blue 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 - ICICIDirect charges Rs 300 per annum as AMC for Demat account, Alice Blue charges Rs 400 PA AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs Alice Blue vs Paytm Money
Charges ICICIDirect Alice Blue 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 300 per annum Rs 400 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Alice Blue vs Paytm Money on Plan Options

Plans are the most important feature you look when compare ICICIDirect vs Alice Blue vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect and Alice Blue offers Multiple Plans where Paytm Money doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

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

Account Opening

  Zerodha Alice Blue Paytm Money
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Alice Blue vs Paytm Moneyon Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

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 ICICIDirect vs Alice Blue vs Paytm Money
Brokerage Charges Compare ICICIDirect Alice Blue Paytm Money
Plan Name NEO Flat Discount Brokerage Plan F15 Plan Flat Brokerage Plan
Equity Delivery 0.55% Free 2.5% or Rs 20 whichever is lower
Equity Intraday Flat Rs. 20 per order 0.05% or Rs 15 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Free (Rs. 0 brokerage) 0.05% or Rs 15 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Flat Rs. 20 per order Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures Flat Rs. 20 per order 0.05% or Rs 15 whichever is lower NA
Currency Options Flat Rs. 20 per order Flat Fee Rs 15 NA
Commodity Trading Flat Rs. 20 per order Flat Fee Rs 15 NA
Minimum Brokerage Rs 35 per trade NA
Hidden Charges Yes No
Funding Yes - 18% interest PA Yes - 24% interest PA NA
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs 50 per order + GST Rs 100/order +GST
Auto Square off Charges First 20 call free and Rs 25 there onwards. Rs 50 per order + GST Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Alice Blue Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare ICICIDirect vs Alice Blue vs Paytm Money on Transaction Charges

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

Transaction Charges - Compare ICICIDirect vs Alice Blue vs Paytm Money
Transaction Charges Compare ICICIDirect Alice Blue Paytm Money
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 NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for alice-blue Complete Brokerage Plans for paytm-money
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Account Features

Compare ICICIDirect vs Alice Blue vs Paytm Money on Account Features

Compare ICICIDirect vs Alice Blue vs Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 Account where Alice Blue and Paytm Money offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect offers margin funding where Alice Blue and Paytm Money doesn't offers margin funding. NRI Trading - ICICIDirect and Alice Blue offers NRI Trading where Paytm Money doesn't offers NRI Trading.

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

Compare ICICIDirect vs Alice Blue vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Alice Blue 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 ICICIDirect vs Alice Blue vs Paytm Money
Trading Platform Compare ICICIDirect Alice Blue Paytm Money
Desktop Trading Platform Trade Racer ANT - Analyse and Trade Paytm Money
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes No
Desktop Platform (Mac) Yes No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.icicidirect.com

Paytm Money Web

Web Trading Demo Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App ICICI direct Mobile ANT Mobile Paytm Money App
Mobile Trading App Demo ICICI direct Mobile Demo ANT Mobile Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod ANT Mobile Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS ANT Mobile Download iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect 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 ICICIDirect Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for alice-blue Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare ICICIDirect vs Alice Blue vs Paytm Money on User Rating

  ICICIDirect Alice Blue Paytm Money
  267 Customer Reviews    Rate ICICIDirect 8 Customer Reviews    Rate Alice Blue 6 Customer Reviews    Rate Paytm Money
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare ICICIDirect vs Alice Blue vs Paytm Money on Investment Offerings

Compare ICICIDirect vs Alice Blue 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 ICICIDirect and Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect offers PMS facility where Alice Blue and Paytm Money doesn't offers PMS facility.

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

Compare ICICIDirect vs Alice Blue vs Paytm Money on Order Types

Order Type - Compare ICICIDirect vs Alice Blue 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) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Alice Blue and Paytm Money provides Bracket Orders (BO) facility where ICICIDirect doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - ICICIDirect and Paytm Money offers Good Till Cancelled (GTC) orders facility where Alice Blue doesn't provides GTC.

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

Compare ICICIDirect vs Alice Blue vs Paytm Money on Customer Service

Compare ICICIDirect vs Alice Blue 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 Support - Compare ICICIDirect vs Alice Blue vs Paytm Money
Customer Service Compare ICICIDirect Alice Blue Paytm Money
24/7 Customer Service No No No
Email Support Yes No Yes
Onine Live Chat No Yes No
Phone Support Yes Yes No
Toll Free Number No No No
Through Branches Yes Yes No
Customer Care Number 1860 123 1122 08035215000/080-45490850 NA
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://tradeschool.aliceblueonline.com/ https://www.paytmmoney.com/care
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
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 https://www.icicidirect.com https://www.aliceblueonline.com https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare ICICIDirect vs Alice Blue vs Paytm Money on Research Reports, Tips

Compare ICICIDirect vs Alice Blue vs Paytm Money on research reports and tips provided by broker.

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

Compare ICICIDirect vs Alice Blue vs Paytm Money on Demat Account

Compare ICICIDirect vs Alice Blue vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect vs Alice Blue vs Paytm Money
  ICICIDirect Alice Blue Paytm Money
DP Source CDSL CDSL CDSL
DP ID 14300 83500 12088800
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹400 pa Zero
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Rs 0 Nil
Statutory charges Nil Rs 150 Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.04% of the value of the transaction ₹10 per ISIN
Demat ₹50 per set up ₹10 per certificate + ₹50 courier charges ₹250 per 100 shares
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹30 per certificate + CDSL charges ₹250 per 100 shares
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) ₹20 + CDSL charges ₹32 per ISIN
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil Nil
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) ₹20 + CDSL charges ₹32 per ISIN
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil Nil
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) ₹20 + CDSL charges ₹32 per ISIN
Failed Instruction Charges ₹30 per transaction Nil Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Alice Blue vs Paytm Money on Special Offers and Promotion

Compare ICICIDirect vs Alice Blue vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ICICIDirect vs Alice Blue vs Paytm Money on Special Offers and Promotion
  ICICIDirect Alice Blue Paytm Money
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
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 Instant to ICICI Bank. Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Info Not Available 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 Direct from your ICICI bank account. Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
NA
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

  • 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
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

  • 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 Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for ICICIDirect Enquire for Alice Blue Enquire for Paytm Money

Last Updated on 2023-09-14T04:34:26+00:00