FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

AxisDirect Vs Finvasia Vs Paytm Money: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, 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 AxisDirect is a full service broker. Overall rating for AxisDirect is 3.5, Finvasia is rated 4, Paytm Money is rated 4 out of 5.

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

Compare AxisDirect vs Finvasia vs Paytm Money on Service

  AxisDirect Compare
AxisDirect
Finvasia Compare
Finvasia
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 BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... Know more about AxisDirect 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...Know more about Finvasia 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 Paytm Money Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare AxisDirect vs Finvasia vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared AxisDirect vs Finvasia vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and Paytm Money offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, Finvasia charges Free AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs Finvasia vs Paytm Money
Charges AxisDirect Finvasia Paytm Money
Trading Account Opening Fees Rs 999 Free Free
Trading AMC Free Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free Free
Demat AMC Rs 750 PA (Free for 1st year) Free Free
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare AxisDirect vs Finvasia vs Paytm Money on Plan Options

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

Compare AxisDirect vs Finvasia vs Paytm Money on Plan Options
Plan Types AxisDirect Finvasia Paytm Money
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Zerodha Paytm Money Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare AxisDirect vs Finvasia vs Paytm Moneyon Brokerage Charges

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

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 AxisDirect vs Finvasia vs Paytm Money
Brokerage Charges Compare AxisDirect Finvasia Paytm Money
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Zero Brokerage Trading Plan Flat Brokerage Plan
Equity Delivery 0.50% (Each leg) Rs 0 2.5% or Rs 20 whichever is lower
Equity Intraday 0.05% (Each leg) Rs 0 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% (Each leg) Rs 0 0.02% or Rs 20 whichever is lower
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs 0 Flat Fee Rs 20
Currency Futures 0.05% (Each Leg) Rs 0 NA
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p Rs 0 NA
Commodity Trading Futures: 0.03% (Each leg)| Options: Rs. 50 per lot Rs 0 NA
Minimum Brokerage NA
Hidden Charges No No
Call & Trade Charges Free 20 calls per month, and after Rs. 20 per order Free Rs 100/order +GST
Auto Square off Charges 20 calls Free and after that Rs 20 per call Free Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for Finvasia Brokerage Calculator for Paytm Money
Expand

Share Broker's Transaction Charges

Compare AxisDirect vs Finvasia vs Paytm Money on Transaction Charges

Compare AxisDirect vs Finvasia vs Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare AxisDirect vs Finvasia vs Paytm Money
Transaction Charges Compare AxisDirect Finvasia 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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for axisdirect Complete Brokerage Plans for finvasia Complete Brokerage Plans for paytm-money
Expand

Account Features

Compare AxisDirect vs Finvasia vs Paytm Money on Account Features

Compare AxisDirect 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 - AxisDirect offers 3-in-1 Account where Finvasia and Paytm Money offers only 2-in-1 account which includes trading and demat account. Margin Funding - AxisDirect offers margin funding where Finvasia and Paytm Money doesn't offers margin funding. NRI Trading - AxisDirect and Finvasia offers NRI Trading where Paytm Money doesn't offers NRI Trading.

Account Features - AxisDirect vs Finvasia vs Paytm Money
Account Features Compare AxisDirect Finvasia Paytm Money
3 in 1 Account Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No AxisDirect 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 Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 2:45 PM 3:15 PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
Expand

Trading Platform

Compare AxisDirect vs Finvasia vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect 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 AxisDirect vs Finvasia vs Paytm Money
Trading Platform Compare AxisDirect Finvasia Paytm Money
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://login.axisdirect.in/

https://trade.finvasia.com/

Paytm Money Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App AxisDirect Ring Mobile App SCALPERT Paytm Money App
Mobile Trading App Demo AxisDirect Ring Mobile App Demo SCALPERT Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod AxisDirect Ring Mobile App Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS AxisDirect Ring Mobile App Download Info Not Available iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Basic platforms are free, advance platforms are chargeable. Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for AxisDirect Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for finvasia Detail on Trading Platforms for paytm-money

Expand

Broker Ratings by Users

Compare AxisDirect vs Finvasia vs Paytm Money on User Rating

  AxisDirect Finvasia Paytm Money
  20 Customer Reviews    Rate AxisDirect 17 Customer Reviews    Rate Finvasia 20 Customer Reviews    Rate Paytm Money
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating AxisDirect is Rated 0.7 / 5 based on 20 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews Paytm Money is Rated 0.9 / 5 based on 20 customer reviews
Expand

Investment Offerings

Compare AxisDirect vs Finvasia vs Paytm Money on Investment Offerings

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

Investment Offerings - Compare AxisDirect vs Finvasia vs Paytm Money
Investment Offerings Compare AxisDirect Finvasia Paytm Money
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity Yes Yes No
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes 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 No No No
Other Investment Options NIL NIL
Expand

Customer Service Offered

Compare AxisDirect vs Finvasia vs Paytm Money on Customer Service

Compare AxisDirect 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 Support - Compare AxisDirect vs Finvasia vs Paytm Money
Customer Service Compare AxisDirect Finvasia Paytm Money
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes No
Toll Free Number Yes No No
Through Branches Yes No No
Customer Care Number 022-61480808 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://simplehai.axisdirect.in/learn/overview https://finvasia.com/announcements https://www.paytmmoney.com/care
Head Office Address Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
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://simplehai.axisdirect.in https://www.finvasia.com/ https://www.paytmmoney.com/
Expand

Tips/Research/Reports Published

Compare AxisDirect vs Finvasia vs Paytm Money on Research Reports, Tips

Compare AxisDirect vs Finvasia vs Paytm Money on research reports and tips provided by broker.

Research Reports - Compare AxisDirect vs Finvasia vs Paytm Money
  AxisDirect Finvasia Paytm Money
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
Expand

Demat Account

Compare AxisDirect vs Finvasia vs Paytm Money on Demat Account

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

Demat Charges - Compare AxisDirect vs Finvasia vs Paytm Money
  AxisDirect Finvasia Paytm Money
DP Source CDSL CDSL CDSL
DP ID 49200 84300 88800
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free Zero
Advance Deposit Nil Rs 0 Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹10 ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹10 per ISIN
Demat ₹3 per certificate ₹15 per certificate ₹250 per 100 shares
Remat ₹10 for every hundred securities (Min ₹10) ₹15 for every hundred securities + CDSL Charges ₹250 per 100 shares
Pledge Creation ₹25 ₹25 per transaction ₹32 per ISIN
Pledge Creation Confirmation ₹25 NIL Nil
Pledge Closure ₹25 ₹25 per transaction ₹32 per ISIN
Pledge Closure Confirmation ₹25 NIL Nil
Pledge Invocation Nil ₹19 per transaction ₹32 per ISIN
Failed Instruction Charges Nil ₹49 Nil
Other Charges
Expand

Special Offers,Advantages,Disadvantages

Compare AxisDirect vs Finvasia vs Paytm Money on Special Offers and Promotion

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

Compare AxisDirect vs Finvasia vs Paytm Money on Special Offers and Promotion
  AxisDirect Finvasia Paytm Money
Likes
  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

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;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

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 account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

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 Axis 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 AxisDirect Enquire for Finvasia Enquire for Paytm Money

Last Updated on