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ICICI Direct vs Paytm Money (Compare ICICI Direct and Paytm Money)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between ICICI Direct vs Paytm Money, Below comparison of ICICI Direct vs Paytm Money highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of ICICI Direct vs Paytm Money is given below:

ICICI Direct Paytm Money
About The Brokers
ICICI Direct :

"ICICIdirect.com, an award winning, pioneering online broking platform, The platform not only offers convenient ways to invest in Equity, Derivatives, Currency Futur   >>> more

Paytm Money :

"Paytm Money is a newly launched direct mutual fund distribution and stockbroking arm of the popular digital wallet of India with the intent to provide a fully digital   >>> more

Find More Information about the Broker :
ICICI Direct :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Paytm Money :
OVERVIEW BROKERAGE
Type of Broker
ICICI Direct :
 Full Service Broker
Paytm Money :
 Discount Broker
Promo/offers
ICICI Direct :
Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
Paytm Money :
Special Offer: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer
Paytm Money QR Code
Advantage
ICICI Direct :
  •  3-in-1 online trading account.
  •  Security of your investment & money
  •  24/7 customer service.
  •   Easy-to-use website.
  •  Innovative offerings like - Margin, MarginPlus, BTST, SPOT.
  •  Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance.
  •  Own DP services
  •  Award winning research services
  •  Instant payout for your stocks sold (eATM)
  • By Subscribing ICICI Direct Neo Plan you get ZERO BROKERAGE IN FUTURES, RS 20 UNLIMITED PER ORDER BROKERAGE IN OPTIONS AND INTRADAY EQUITY !
Paytm Money :
  •  Free Delivery Trade
  •  Lowest Brokerage charges on Intrady & F&O at Rs 10 Per Trade.
  •  commission Free mutual fund investment
  •  Zero Maintenance Charges both Demat & Trading account
  •  Instant digital account opening
  •  Provide opportunity to invet in digital gold and NPS
  •  Simple and robust trading platforms.
Disadvantage
ICICI Direct :
  •  Very High delivery brokerage.
  •  Not a good fit for small and penny stock traders.
  •  Charges for trading terminal usage.
  •  High Minimum Brokerage Charges.
Paytm Money :
  •  No Offline Branch Support
  •  Does not provide a 3in1 account facility.
  •  Does not provide commodity Trading
  •  does not provide trading options: GTC (Good Till Cancelled) & GTT orders
  •  Do not Offer NRI Trading
  •  No Margin Trading Facility
  •  ₹300/- per annum Charges for Using the Trading Platform
  •  Very Costly Call & Trade Facility at ₹300/- per executed order
  •  Charges on Funds Transfer @ ₹10 per fund addition , no charges on UPI Transfe₹
Why This
ICICI Direct :
  •   A Unique 3-in-1 On-line Trading Account, which includes ICICI Bank Account, ICICI Trading Account and ICICI Demat Account, is the key offering for retail stock market investors in India.
  •   Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through ICICIdirect.com. It provides you the flexibility to pay only when you trade.
  •   Largest Equity E-Broking House with >40 Lac customers.
  •   Share trading in both NSE and BSE, innovative offerings like - Margin, MarginPlus, BTST, SPOT, Derivatives trading, overseas trading, mutual funds, IPOs and on-line life insurance.
  •   Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service.
  •   Award Winning Research
Paytm Money :
  •  Free Delivery Trade, Paytm Money does not charge any brokerage on Delivery trade.
  •  They offer the lowest charges on Equity intraday trade which is at ₹ 10 or 0.05% (whichever is lower)
  •  Paytm Money provides mutual funds investment at Zero Commission, No transaction charges,
  •  100% paperless online Demat account opening
  •  128 bit SSL Encryption for data Security
  •  Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost
  •  In-depth financial and historical price data for every listed company which enables investors to research the stock market on their own
  •  Users can automate stock investing by setting buy orders on a weekly or monthly basis
  •  Facility to invest online in digital gold and NPS along with stocks, derivatives, and MFs
  •  Advanced charts and other options like cover order and bracket order are available
  •  Online IPO application.
  •  Brokerage Calculator
  •  Provides Mutual Fund Investment Advisory Services.
Open Account Open Account

ICICI Direct vs Paytm Money Account Opening & AMC Charges

ICICI Direct Trading Account Opening Fee is Rs 0 (Free) and Paytm Money Trading Account Opening Fee is Rs 200 . ICICI Direct Demat Account AMC is Rs 300 (from 2nd year) and Paytm Money Demat Account AMC is Rs 0 (Free) .

ICICI Direct Paytm Money
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 200

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Rs 0 (Free)

Demat Account AMC Demat Account AMC :

Rs 300 (from 2nd year)

Demat Account AMC :

Rs 0 (Free)

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

Rs 300 (Annual Platform Fees)

Open Account Open Account

ICICI Direct vs Paytm Money Brokerage Charges

ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order . Paytm Money Brokerage Charges Equity Delivery is Rs 20 per executed order or 2.5% whichever is low and Equity Intraday is Rs 20 per executed order or 0.05% whichever is low and Equity Options is Rs 20 per executed order .

ICICI Direct Paytm Money
Plan Name Plan Name :

I-Secure Plan

Plan Name :

ICICIDirect Neo Plan

Plan Name :

Basic Plan

Equity Delivery Equity Delivery :

0.55%

Equity Delivery :

0.55%

Equity Delivery :

Rs 20 per executed order or 2.5% whichever is low

Equity Intraday Equity Intraday :

Rs 20 per order

Equity Intraday :

0.275%

Equity Intraday :

Rs 20 per executed order or 0.05% whichever is low

Equity Future Equity Future :

Rs 0 (Free)

Equity Future :

0.05%

Equity Future :

Rs 20 per executed order or 0.01% whichever is low

Equity Options Equity Options :

Rs 20 per order

Equity Options :

Rs 95 per lot

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

Rs 20 per order

Currency Futures :

Rs 20 per order

Currency Futures :

Currency Options Currency Options :

Rs 20 per order

Currency Options :

Rs 20 per order

Currency Options :

Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

Monthly Fee :

NA

Margin Trading Margin Trading :

0.05% - 0.03%

Margin Trading :

0.05% - 0.03%

Margin Trading :

Commodity Futures Commodity Futures :

Rs 20 per order

Commodity Futures :

Rs 20 per order

Commodity Futures :

Commodity Options Commodity Options :

Rs 20 per order

Commodity Options :

Rs 20 per order

Commodity Options :

Open Account Open Account

ICICI Direct vs Paytm Money Exchange Transaction Charges

ICICI Direct Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . Paytm Money Exchange Transaction Charges Equity Future is BSE Rs 200 per Cr (0.002%) and Equity Options is NSE Rs 5300 per Cr (0.053%) (on premium) .

ICICI Direct Paytm Money
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Delivery :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Intraday :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Future * Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

Equity Future :

BSE Rs 200 per Cr (0.002%)

Equity Options * Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)

Equity Options :

NSE Rs 5300 per Cr (0.053%) (on premium)

Currency Futures * Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)

Currency Futures :

Currency Options Currency Options :

NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)

Currency Options :

(on premium)

Commodity Commodity :

Group A - Rs 260 per Cr (0.0026%)

Commodity :

Open Account Open Account

ICICI Direct vs Paytm Money Other Charges

ICICI Direct Minimum Brokerage is Rs 35 per trade (I-Secure Plan) and Call & Trade is Rs 50 per trade . Paytm Money Minimum Brokerage is and Call & Trade is Rs 100 .

ICICI Direct Paytm Money
Minimum Brokerage Minimum Brokerage :

Rs 35 per trade (I-Secure Plan)

Minimum Brokerage :

Call & Trade Call & Trade :

Rs 50 per trade

Call & Trade :

Rs 100

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) : - DP Charges (on sell side) :

₹10/- per ISIN (incl the depository trans charges)

Other Miscellaneous Charges Other Miscellaneous Charges :

Margin Trading Interest: 0.025% Per day

Other Miscellaneous Charges :

Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier

Open Account Open Account

ICICI Direct vs Paytm Money Features

ICICI Direct and Paytm Money both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

ICICI Direct Paytm Money
Trading Platform Trading Platform :

ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App

Trading Platform :

Paytm Money mobile app, Paytm Money website

Placing orders through charts Placing orders through charts : - Placing orders through charts :

No

Trading Alerts Trading Alerts : - Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips : - Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives : - Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers :

  • Offer 3-in-1 Account.
  • Support in local ICICI Bank branches.
  • Trusted brand.

Unique features & Offers :

Referral Program Referral Program :

0

Referral Program :

0

Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) :

No

Open Account Open Account

ICICI Direct vs Paytm Money Demat Account Charges

A comparative table of various demat account charges between ICICI Direct and Paytm Money is below:

ICICI Direct Paytm Money
Depository Service Provider Depository Service Provider :

NSDL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Stamp Duty at actuals

Account Opening Fee :

Nil

Advance Deposit Advance Deposit :

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Advance Deposit :

Nil

AMC AMC :

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

AMC :

Free - Zero maintenance charges

Dematerialisation Charges Dematerialisation Charges :

₹50 Per Demat Request Form and ₹10 For Each Certificates

Dematerialisation Charges :

Rs 250 per 100 shares + depository charges

Rematerialisation Charges Rematerialisation Charges :

₹25 + CDSL charges at actual

Rematerialisation Charges :

Rs 250 per 100 shares + depository charges

Transaction Charges (Credit) Transaction Charges (Credit) :

Transaction Charges (Credit) :

Transaction Charges (debit) Transaction Charges (debit) :

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹25,000 )

Transaction Charges (debit) :

Rs 10 per ISIN

Pledge Creation Charges Pledge Creation Charges :

0.02% or minimum of ₹35

Pledge Creation Charges :

Rs 10 per ISIN

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

0.02% or minimum of ₹35

Pledge Creation Confirmation Charges :

Pledge Invocation Charges Pledge Invocation Charges :

0.02% or minimum of ₹35

Pledge Invocation Charges :

Rs 10 per ISIN

Failed Instruction Charges Failed Instruction Charges :

Failed Instruction Charges :

Other Charges Other Charges :

₹200 for restoring services if account is suspended for non payment of charges.

Other Charges :

Off-market transfers - Rs 10 per ISIN

Open Account Open Account

ICICI Direct vs Paytm Money Basic Details

ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 1875350 and Total Number of Branches is 154 . Paytm Money Year of Incorporation is 2017 and Total Number of Clients is 740285 and Total Number of Branches is 1 .

ICICI Direct Paytm Money
Year of Incorporation Year of Incorporation :

2000

Year of Incorporation :

2017

Active Exchange Memberships Active Exchange Memberships : - Active Exchange Memberships :

NSE & BSE

Demat Services Demat Services :

Yes

Demat Services :

Yes

Website Website : - Website : www.paytmmoney.com
Contact Details Contact Details : - Contact Details :

080 4625 3716

Total Number of Clients Total Number of Clients :

1,875,350

Total Number of Clients :

740,285

Total Number of Branches Total Number of Branches :

154

Total Number of Branches :

1

Products * Products : - Products :

Mutual Fund, Broking , NPS , Digital Gold

Open Account Open Account

ICICI Direct vs Paytm Money Orders

Orders

ICICI Direct Paytm Money
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

No

Bracket orders / One Cancels Other (BO / OCO) :

Yes

After Market Orders (AMO) After Market Orders (AMO) :

No

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

No

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

Yes

Good Till Cancelled (GTC) :

No

Open Account Open Account

ICICI Direct vs Paytm Money Research and Advice / Trading Tips

Research and Advice / Trading Tips

ICICI Direct Paytm Money
Equity Trading Recommendation * Equity Trading Recommendation : - Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation : - Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile : - Recommendation basis risk Profile :

No

Comparison * Comparison : - Comparison :

No

Free Tips * Free Tips :

Yes

Free Tips :

No

Daily Market report * Daily Market report :

Yes

Daily Market report :

No

ETF research * ETF research : - ETF research :

No

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

No

Open Account Open Account

ICICI Direct vs Paytm Money Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

ICICI Direct Paytm Money
Availability for franchisee / AP Availability for franchisee / AP : - Availability for franchisee / AP : -
Investment required for Franchisee / AP Investment required for Franchisee / AP : - Investment required for Franchisee / AP : -
Open Account Open Account

ICICI Direct vs Paytm Money Product & Services

ICICI Direct and Paytm Money both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

ICICI Direct Paytm Money
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

No

Call in Trade * Call in Trade : - Call in Trade :

Rs 300 Per call

Trading in Both the exchanges * Trading in Both the exchanges : - Trading in Both the exchanges :

Yes

Limit Order * Limit Order : - Limit Order : -
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account : - 3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

Yes

NRI Services :

No

SMS Alerts * SMS Alerts :

No

SMS Alerts :

No

Offers Multiple Plan * Offers Multiple Plan : - Offers Multiple Plan :

No

IPO Investment * IPO Investment : - IPO Investment :

Yes

Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator : - Margin Calculator :

No

Stop Loss Order * Stop Loss Order : - Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss :

Yes

Equity Future & Option Trading * Equity Future & Option Trading : - Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading : - Currency Future & Option Trading :

No

Market Trading * Market Trading : - Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan : - Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading :

No

Open Account Open Account

ICICI Direct vs Paytm Money Customer Services

ICICI Direct and Paytm Money both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

ICICI Direct Paytm Money
Toll Free Number * Toll Free Number : - Toll Free Number :

No

Live Chat Facility * Live Chat Facility : - Live Chat Facility :

No

Email Facility * Email Facility : - Email Facility :

Yes

Branch Offices * Branch Offices : - Branch Offices :

No

Customer Care * Customer Care : - Customer Care :

No

Community Service * Community Service : - Community Service :

No

Relationship Manager * Relationship Manager : - Relationship Manager :

No

24/7 Support * 24/7 Support : - 24/7 Support :

No

Open Account Open Account

ICICI Direct vs Paytm Money Other Investement

ICICI Direct and Paytm Money both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

ICICI Direct Paytm Money
Commodity Trading * Commodity Trading : - Commodity Trading :

No

Investment in ETFs * Investment in ETFs : - Investment in ETFs :

No

Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds : - Investment in Bonds :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments : - Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services : - Insurance Services :

No

Banking Services * Banking Services : - Banking Services :

No

Open Account Open Account

ICICI Direct vs Paytm Money Trading Platform

ICICI Direct and Paytm Money both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

ICICI Direct Paytm Money
Web Platform * Web Platform : - Web Platform :

Yes

Android Mobile App * Android Mobile App : - Android Mobile App :

Yes

Desktop Windows * Desktop Windows : - Desktop Windows :

No

Desktop Mac * Desktop Mac : - Desktop Mac :

No

I-Pad App * I-Pad App : - I-Pad App :

Yes

Virtual Trading * Virtual Trading : - Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App :

Yes

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