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The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Paytm Money ranges between Rs 20. The broker Finvasia and Paytm Money are a discount brokers where ICICIDirect is a full service broker. Overall rating for ICICIDirect is 4, Finvasia is rated 4, Paytm Money is rated 4 out of 5.
Here we present side-by-side comparison of ICICIDirect vs Finvasia 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 Finvasia 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 Finvasia vs Paytm Money in this setion with 360 degree view of broker information.
 ICICIDirect |
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| 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...  |
Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... |
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 ICICIDirect vs Finvasia 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, Finvasia charges Free AMC for Demat account, where Paytm Money charges Free AMC for Demat account.
| Charges | ICICIDirect | Finvasia | 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 | Free | Free |
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Plans are the most important feature you look when compare ICICIDirect vs Finvasia vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect offers Multiple Plans where Finvasia and Paytm Money doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | ICICIDirect | Finvasia | Paytm Money |
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| Multiple Plans | |
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| Zerodha | Zerodha | Paytm Money | |
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| Account Opening Request |
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.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
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 | Finvasia | Paytm Money |
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| Plan Name | NEO Flat Discount Brokerage Plan | Zero Brokerage Trading Plan | Flat Brokerage Plan |
| Equity Delivery | 0.55% | Rs 0 | 2.5% or Rs 20 whichever is lower |
| Equity Intraday | Flat Rs. 20 per order | Rs 0 | 0.05% or Rs 20 whichever is lower |
| Equity Futures | Free (Rs. 0 brokerage) | Rs 0 | 0.02% or Rs 20 whichever is lower |
| Equity Options | Flat Rs. 20 per order | Rs 0 | Flat Fee Rs 20 |
| Currency Futures | Flat Rs. 20 per order | Rs 0 | NA |
| Currency Options | Flat Rs. 20 per order | Rs 0 | NA |
| Commodity Trading | Flat Rs. 20 per order | Rs 0 | 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. | Free | Rs 100/order +GST |
| Auto Square off Charges | First 20 call free and Rs 25 there onwards. | Free | Rs 50/order + GST |
| Brokerage Calculator | Brokerage Calculator for ICICIDirect | Brokerage Calculator for Finvasia | Brokerage Calculator for Paytm Money |
Compare ICICIDirect vs Finvasia vs Paytm Money on transaction charges and PCM fee by segment.
| Transaction Charges Compare | ICICIDirect | Finvasia | 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 | NA | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for icicidirect | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for paytm-money |
Compare ICICIDirect vs Finvasia 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 Finvasia and Paytm Money offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect offers margin funding where Finvasia and Paytm Money doesn't offers margin funding. NRI Trading - ICICIDirect and Finvasia offers NRI Trading where Paytm Money doesn't offers NRI Trading.
| Account Features Compare | ICICIDirect | Finvasia | Paytm Money |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15 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 ICICIDirect vs Finvasia 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 | Finvasia | Paytm Money |
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| Desktop Trading Platform | Trade Racer | OMNESYS NEST | Paytm Money |
| Desktop Demo | Desktop Demo | Info Not Available | Info Not Available |
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| Web Trading Platform | |
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| Web Trading Detail |
https://www.icicidirect.com |
https://trade.finvasia.com/ |
Paytm Money Web |
| Web Trading Demo | Web Trading Demo | Info Not Available | Web Trading Demo |
| Mobile Site | |
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| Mobile Trading App | ICICI direct Mobile | SCALPERT | Paytm Money App |
| Mobile Trading App Demo | ICICI direct Mobile Demo | SCALPERT Demo | Paytm Money App Demo |
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| Android App Download | Andriod ICICI direct Mobile Download | Andriod SCALPERT Download | Andriod Download |
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| iOS App Download | iOS ICICI direct Mobile Download | Info Not Available | iOS Paytm Money App Download |
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| Trading Software Charges | Free | Basic platforms are free, advance platforms are chargeable. | Rs. 30 per month |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for ICICIDirect | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
| Futures Brokerage Calculator | Futures Brokerage Calculator for ICICIDirect | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for Paytm Money |
| Options Brokerage Calculator | Options Brokerage Calculator for ICICIDirect | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for Paytm Money |
| Detail | Detail on Trading Platforms for icicidirect | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for paytm-money |
| ICICIDirect | Finvasia | Paytm Money | ||
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267 Customer Reviews
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17 Customer Reviews
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6 Customer Reviews
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| Trading Platform Usability | ||||
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| Overall Ratings | ||||
| Broker Rating | ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews |
Compare ICICIDirect vs Finvasia 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 - Finvasia 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 Finvasia and Paytm Money doesn't offers PMS facility.
| Investment Offerings Compare | ICICIDirect | Finvasia | Paytm Money |
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| Other Investment Options | NIL | NIL |
Order Type - Compare ICICIDirect vs Finvasia 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) - Finvasia 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 Finvasia doesn't provides GTC.
| Order Type Compare | ICICIDirect | Finvasia | Paytm Money |
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Compare ICICIDirect vs Finvasia 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 | ICICIDirect | Finvasia | Paytm Money |
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| 24/7 Customer Service | |
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| Customer Care Number | 1860 123 1122 | Support: +91 9779 097 777/Sales: +91 9098 001 001 | NA |
| Account Opening Process | Online | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected]/[email protected] | [email protected] |
| Knowledge Center/Education | https://www.icicidirect.com/knowledge-center | https://finvasia.com/announcements | https://www.paytmmoney.com/care |
| Head Office Address | ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020 |
Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
| Website | https://www.icicidirect.com | https://www.finvasia.com/ | https://www.paytmmoney.com/ |
Compare ICICIDirect vs Finvasia vs Paytm Money on research reports and tips provided by broker.
| ICICIDirect | Finvasia | Paytm Money | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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Compare ICICIDirect vs Finvasia vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details
| ICICIDirect | Finvasia | Paytm Money | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 14300 | 84300 | 12088800 |
| Demat Account Annual Maintenance Charges(AMC) | ₹700 pa | Free | Zero |
| Advance Deposit | Rs. 7500/- , If the client is not having ICICI BANK Account | Rs 0 | Nil |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹10 per ISIN |
| Demat | ₹50 per set up | ₹15 per certificate | ₹250 per 100 shares |
| Remat | ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction | ₹15 for every hundred securities + CDSL Charges | ₹250 per 100 shares |
| Pledge Creation | 0.02% (Min ₹35 and Max ₹25,000) | ₹25 per transaction | ₹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) | ₹25 per transaction | ₹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) | ₹19 per transaction | ₹32 per ISIN |
| Failed Instruction Charges | ₹30 per transaction | ₹49 | Nil |
| Other Charges | Nil | Nil | Nil |
Compare ICICIDirect vs Finvasia vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| ICICIDirect | Finvasia | Paytm Money | |
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| 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 with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through 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. | Up to 24 hrs except for bank holidays. | Max 24 hrs except bank holidays |
| Bank Supported and Charges | Info Not Available | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | Paytm Money allows 190+ Banks. |
| Bank Detail | Direct from your ICICI bank account. | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
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No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| 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. | Free Account Opening+Free Demat AMC+Free Trading. | |
| Enquire for ICICIDirect | Enquire for Finvasia | Enquire for Paytm Money |
Last Updated on 2023-09-14T04:34:26+00:00
