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ICICIDirect Vs Sharekhan Vs Paytm Money: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Sharekhan ranges between 0.1 to 0.5%, while the brokerage of Paytm Money ranges between Rs 20. The broker ICICIDirect and Sharekhan are full service brokers where Paytm Money is a discount broker. Overall rating for ICICIDirect is 4, Sharekhan is rated 4, Paytm Money is rated 4 out of 5.

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

Compare ICICIDirect vs Sharekhan vs Paytm Money on Service

  ICICIDirect Compare
ICICIDirect
Sharekhan Compare
Sharekhan
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service 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 Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation...Know more about Sharekhan 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 Sharekhan Request call back from Paytm Money
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Account Opening Charges and AMC

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

In this section we have compared ICICIDirect vs Sharekhan 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, Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs Sharekhan vs Paytm Money
Charges ICICIDirect Sharekhan 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 for 1st year)) Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Sharekhan vs Paytm Money on Plan Options

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

Compare ICICIDirect vs Sharekhan vs Paytm Money on Plan Options
Plan Types ICICIDirect Sharekhan 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 Sharekhan Paytm Money
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Sharekhan 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.

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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 Sharekhan vs Paytm Money
Brokerage Charges Compare ICICIDirect Sharekhan Paytm Money
Plan Name NEO Flat Discount Brokerage Plan Sharkehan Brokerage Plan Flat Brokerage Plan
Equity Delivery 0.55% 0.30% 2.5% or Rs 20 whichever is lower
Equity Intraday Flat Rs. 20 per order 0.02% 0.05% or Rs 20 whichever is lower
Equity Futures Free (Rs. 0 brokerage) 0.02% 0.02% or Rs 20 whichever is lower
Equity Options Flat Rs. 20 per order Rs 20 per lot Flat Fee Rs 20
Currency Futures Flat Rs. 20 per order 0.02% NA
Currency Options Flat Rs. 20 per order Rs 5 per lot NA
Commodity Trading Flat Rs. 20 per order Rs 20 per lot NA
Minimum Brokerage Rs 35 per trade Rs 20
Hidden Charges Yes No
Funding Yes - 18% interest PA Yes - 18% 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 Sharekhan Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare ICICIDirect vs Sharekhan vs Paytm Money on Transaction Charges

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

Transaction Charges - Compare ICICIDirect vs Sharekhan vs Paytm Money
Transaction Charges Compare ICICIDirect Sharekhan 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 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for sharekhan Complete Brokerage Plans for paytm-money
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Account Features

Compare ICICIDirect vs Sharekhan vs Paytm Money on Account Features

Compare ICICIDirect vs Sharekhan 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 Sharekhan and Paytm Money offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect and Sharekhan offers margin funding where Paytm Money doesn't offers margin funding. NRI Trading - ICICIDirect and Sharekhan offers NRI Trading where Paytm Money doesn't offers NRI Trading.

Account Features - ICICIDirect vs Sharekhan vs Paytm Money
Account Features Compare ICICIDirect Sharekhan 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 No No
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity No Yes No
Intraday Square-off Time 3:15PM 3:15PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare ICICIDirect vs Sharekhan vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Sharekhan 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 Sharekhan vs Paytm Money
Trading Platform Compare ICICIDirect Sharekhan Paytm Money
Desktop Trading Platform Trade Racer TradeTiger Paytm Money
Desktop Demo Desktop Demo Desktop Demo 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

https://www.sharekhan.com/

Paytm Money Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App ICICI direct Mobile Sharekhan Paytm Money App
Mobile Trading App Demo ICICI direct Mobile Demo Sharekhan Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod Sharekhan Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS Sharekhan 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 Sharekhan Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for sharekhan Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare ICICIDirect vs Sharekhan vs Paytm Money on User Rating

  ICICIDirect Sharekhan Paytm Money
  267 Customer Reviews    Rate ICICIDirect 184 Customer Reviews    Rate Sharekhan 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 Sharekhan is Rated 3.6 / 5 based on 184 customer reviews Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare ICICIDirect vs Sharekhan vs Paytm Money on Investment Offerings

Compare ICICIDirect vs Sharekhan 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 - Sharekhan 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 and Sharekhan offers PMS facility where Paytm Money doesn't offers PMS facility.

Investment Offerings - Compare ICICIDirect vs Sharekhan vs Paytm Money
Investment Offerings Compare ICICIDirect Sharekhan 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 Yes No
ETF Yes Yes Yes
Banking Yes No No
Insurance Yes Yes Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes No Yes
PMS Service Yes Yes No
Other Investment Options NIL NIL
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Order Types

Compare ICICIDirect vs Sharekhan vs Paytm Money on Order Types

Order Type - Compare ICICIDirect vs Sharekhan 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) - Sharekhan 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 - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare ICICIDirect vs Sharekhan vs Paytm Money
Order Type Compare ICICIDirect Sharekhan 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 Yes Yes
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Customer Service Offered

Compare ICICIDirect vs Sharekhan vs Paytm Money on Customer Service

Compare ICICIDirect vs Sharekhan 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 Sharekhan vs Paytm Money
Customer Service Compare ICICIDirect Sharekhan Paytm Money
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes No
Toll Free Number No Yes No
Through Branches Yes Yes No
Customer Care Number 1860 123 1122 1800227500 NA
Account Opening Process Online Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://www.sharekhan.com/help/hello https://www.paytmmoney.com/care
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://www.icicidirect.com https://www.sharekhan.com https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare ICICIDirect vs Sharekhan vs Paytm Money on Research Reports, Tips

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

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

Compare ICICIDirect vs Sharekhan vs Paytm Money on Demat Account

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

Demat Charges - Compare ICICIDirect vs Sharekhan vs Paytm Money
  ICICIDirect Sharekhan Paytm Money
DP Source CDSL CDSL CDSL
DP ID 14300 36000 12088800
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹500 pa Zero
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Nil
Statutory charges Nil Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹10 per ISIN
Demat ₹50 per set up ₹5 per certificate (Min 50 per request) ₹250 per 100 shares
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹50 per certificate or ₹50 for every hundred securities ₹250 per 100 shares
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) 0.03% (Min ₹100) ₹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) Nil ₹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) Nil ₹32 per ISIN
Failed Instruction Charges ₹30 per transaction Nil Nil
Other Charges Nil Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Sharekhan vs Paytm Money on Special Offers and Promotion

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

Compare ICICIDirect vs Sharekhan vs Paytm Money on Special Offers and Promotion
  ICICIDirect Sharekhan 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 funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
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. Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Info Not Available Info Not Available Paytm Money allows 190+ Banks.
Bank Detail Direct from your ICICI bank account. Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
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...

  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

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...

  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • 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 Sharekhan Enquire for Paytm Money

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