Paytm Money vs IDBI Direct – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Paytm Money vs IDBI Direct. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Paytm Money & IDBI Direct will help you choose a better company that will fulfill the requirements for trading and investment purposes.

Both of these Stock Broking companies are providing wide range of products and services to the investors.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

IDBI Direct vs Paytm Money

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers

This Paytm Money & IDBI Direct comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare IDBI DirectPaytm Money

Overview of Paytm Money & IDBI Direct

OverviewPaytm MoneyIDBI Direct
Company TypePrivatePrivate
Broker TypeDiscount BrokerFull Service Broker
HeadquartersBangaloreMumbai, Maharashtra
FounderVijay Shekhar SharmaGurudeo M. Yadwadkar & Rakesh Sethi
Established Year20192006

Paytm Money vs IDBI Direct Customer Ratings Comparison

Customer RatingsPaytm MoneyIDBI Direct
Products & Services2.8/56.0/10
Brokerage Charges & Fees3.4/56.3/10
Stock Research & Advisory2.5/56.1/10
Trading Platforms3.1/56.0/10
Overall Ratings3.0/56.1/10
Star Ratings★★★☆☆★★★☆☆
Total Client Reviews315157

Paytm Money vs IDBI Direct Demat Account Comparison

Demat ServicesPaytm MoneyIDBI Direct
Depository SourceCDSL & NSDLCDSL & NSDL
Account Opening ChargesRs.300Free
Demat AMC ChargesRs.300 per AnnumRs.350 per Annum
Trading AMC ChargesFreeFree
Margin MoneyZero MarginRs.10,000
Offline to OnlineRR

IDBI Direct vs Paytm Money Brokerage Charges Comparison

Brokerage Charge & FeesPaytm MoneyIDBI Direct
Equity Delivery TradingFree0.05% – 0.35%
Equity Intraday TradingRs.10 per order0.01% – 0.04%
Commodity Options TradingNA0.01% – 0.04%
Equity Futures TradingRs.10 per order0.01% – 0.04%
Equity Options TradingRs.10 per orderRs.10 – Rs.60 per lot
Currency Futures TradingNA0.01% – 0.04%
Currency Options TradingNARs.10 – Rs.60 per lot
Minimum Brokerage0.02% or Rs.10 per order (whichever is lower)Rs.20 per executed order
Demat AMC ChargesRs.300 per AnnumRs.350
Trading AMC ChargesFreeFree
Margin MoneyZero MarginRs.10,000
Brokerage CalculatorPaytm Money Brokerage CalculatorIdbi Direct Brokerage Calculator

IDBI Direct & Paytm Money Other Charges Comparison

Other ChargesPaytm MoneyIDBI Direct
Transaction Charges0.00345% of turnover for NSE and 0.003% of turnover for BSE0.00312% of Total Turnover
STT0.1% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.00005% of Total Turnover0.0002% of Total Turnover
Stamp Duty0.015% of turnover on buy ordersDepends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare IDBI Direct & Paytm Money Offers

OffersPaytm MoneyIDBI Direct
Free Demat AccountSR
Free Trading AccountRR
Discount on BrokerageRR
Trading Happy HoursSS
Flexible Brokerage PlansRR
1 Month Brokerage FreeSS
Holiday OffersSR
Referral OffersRS
Zero Brokerage for Loss Making TradesSS

Compare Services of Paytm Money vs IDBI Direct

ServicesPaytm MoneyIDBI Direct
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountRR
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsSR
Robo AdvisorySS
Trading InstitutionSS
Trading ExposureUpto 7.5XUpto 15X

Compare IDBI Direct & Paytm Money Research & Advisory

Research & AdvisoryPaytm MoneyIDBI Direct
Fundamental ReportsSR
Research ReportsSR
Company ReportsSS
Annual ReportsSS
Company Stock ReviewRR
Free Stock TipsRR
IPO ReportsSR
Top PicksSR
Daily Market ReviewSR
Monthly ReportsSS
Weekly ReportsSR
Offline AdvisoryRR
Relationship ManagerRR

Paytm Money vs IDBI Direct Exposure/Leverage

Exposure / LeveragePaytm MoneyIDBI Direct
Equity Delivery1x (no margin)Upto 3X
Equity IntradayUp to 7.5x (based on the stock)Upto 15X
Equity FuturesCarry Forward 1X, Intraday 2XUpto 3X
Equity OptionsCarry Forward 1X, Intraday (Options Selling) 2XUpto 5X
Currency FuturesNAUpto 2X
Currency OptionsNAUpto 2X
CommoditiesNAUpto 2X
Margin CalculatorPaytm Money Margin CalculatorIdbi Direct Margin Calculator

Paytm Money vs IDBI Direct Product Comparison

ProductsPaytm MoneyIDBI Direct
Equity TradingRR
Commodity TradingSR
Currency TradingSR
Mutual FundsRR

Paytm Money vs IDBI Direct Trading Platform Comparison

Trading PlatformsPaytm MoneyIDBI Direct
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformRS
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRS
Easy InstallationRR
Global IndicesRR
Stock TipsRS
Personalized AdvisorySS
Interactive ChartsRR
Live MarketsRR
SMS AlertsSS
Email AlertsRR
Multi Account ManagementSS

Paytm Money vs IDBI Direct Customer Support

Customer SupportPaytm MoneyIDBI Direct
Dedicated DealerSR
Offline TradingRR
Online TradingRR
24*7 SupportSS
Email SupportRR
Chat SupportRS
Toll Free NumberSS
BranchesNo Branch225

Paytm Money vs IDBI Direct Customer Complaints

Complaints (Current Year)Paytm MoneyIDBI Direct
Lodged in BSE046
Resolved in BSE042
Lodged in NSE065
Resolved in NSE059

Compare Paytm Money with other Brokers & IDBI Direct with other Brokers

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