NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%
NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%

Side-by-Side Compare Table

CategoryPaytm MoneyICICIdirect
Basic Details
  • Broker Type: Digital-first discount-style broker and wealth platform
  • Founded: 2017
  • Broker Type: Full-service broker (ICICI Group)
  • Founded: 1995 (ICICIdirect platform legacy)
Charges & AMC
  • Account opening is shown as digital and low-cost (source also references Rs 200 in one section).
  • Maintenance charges are positioned as low/zero in key offers.
  • Account Opening: Rs 0 (as listed)
  • Demat AMC: Rs 700 per annum (individual account)
Brokerage
  • Equity Delivery: Rs 20 or 2.5% (whichever is lower)
  • Equity Intraday: Rs 20 or 0.05% (whichever is lower)
  • Brokerage is plan based (Prime plans and MoneySaver).
  • Prime plan examples range by subscription slab.
Other Charges
  • Auto square-off charge listed (Rs 50).
  • Physical statement and courier fees can apply on request.
  • Call and trade charges apply (listed as Rs 50 per order in extract).
  • Demat debit and operational charges apply per schedule.
Leverage (Margin)
  • Margin funding and MTF support are available in product positioning.
  • Actual leverage depends on segment and risk policies.
  • Intraday equity margin can go up to around 5x on eligible stocks.
  • Delivery and carry-forward generally follow full margin norms.
Features
  • Strong mutual fund and wealth app roots.
  • GTT, GTC, CO, BO, and basket order support referenced.
  • Integrated 3-in-1 account (bank + trading + Demat).
  • Strong brand trust and branch-assisted model.
Trading Platforms
  • Paytm Money mobile app
  • Paytm Money web platform
  • ICICIdirect.com website
  • ICICIdirect mobile app
Reviews & Ratings
  • Positioned as low-cost, digital-first platform with large user base.
  • Source extract includes ratings section heading but not a full visible numeric table in this slice.
  • Viewed as feature-rich and trusted for integrated banking workflow.
  • In this source extract, no final single overall numeric rating table is shown.
Investment Options
  • Equity and F&O
  • Mutual funds and SIP
  • Equity and derivatives
  • IPO, mutual funds, bonds, NCDs
Order Types Offered
  • GTT and GTC
  • CO and BO
  • Standard market/limit execution flows
  • VTC/GTC-style functionality referenced in source context
Suitable For (Investor Type)
  • App-first investors and traders seeking all-digital flow.
  • Users wanting combined mutual fund plus stock execution.
  • Investors wanting 3-in-1 integration and branch support.
  • Users preferring broader product coverage over pure discount pricing.
Pros and Cons
  • Pros:
  • Broad digital investing stack with useful advanced order features.
  • Pros:
  • Robust integrated banking-broking setup.

Detailed Comparison

Basic Details

Paytm MoneyICICIdirect
  • Broker Type: Digital-first discount-style broker and wealth platform
  • Founded: 2017
  • SEBI Registration: INZ000240532
  • NSE Member Code: 90165
  • Net Worth: Rs 383.59 Cr
  • Broker Type: Full-service broker (ICICI Group)
  • Founded: 1995 (ICICIdirect platform legacy)
  • SEBI Registration: INZ000183631
  • NSE Member Code: 07730
  • Net Worth: Rs 4581.84 Cr

Charges & AMC

Paytm MoneyICICIdirect
  • Account opening is shown as digital and low-cost (source also references Rs 200 in one section).
  • Maintenance charges are positioned as low/zero in key offers.
  • No branch-led offline opening model.
  • Account Opening: Rs 0 (as listed)
  • Demat AMC: Rs 700 per annum (individual account)
  • Demat debit charge and call-and-trade charges apply

Brokerage

Paytm MoneyICICIdirect
  • Equity Delivery: Rs 20 or 2.5% (whichever is lower)
  • Equity Intraday: Rs 20 or 0.05% (whichever is lower)
  • Equity Futures: 0.02% or up to Rs 20 per order
  • Equity Options: Rs 20 per order
  • Brokerage is plan based (Prime plans and MoneySaver).
  • Prime plan examples range by subscription slab.
  • MoneySaver example: Delivery 0.29%, Intraday/Futures 0.029%, Options Rs 49 per lot.

Other Charges

Paytm MoneyICICIdirect
  • Auto square-off charge listed (Rs 50).
  • Physical statement and courier fees can apply on request.
  • Usual statutory and exchange charges apply.
  • Call and trade charges apply (listed as Rs 50 per order in extract).
  • Demat debit and operational charges apply per schedule.
  • Standard statutory charges apply separately.

Leverage (Margin)

Paytm MoneyICICIdirect
  • Margin funding and MTF support are available in product positioning.
  • Actual leverage depends on segment and risk policies.
  • Intraday equity margin can go up to around 5x on eligible stocks.
  • Delivery and carry-forward generally follow full margin norms.

Features

Paytm MoneyICICIdirect
  • Strong mutual fund and wealth app roots.
  • GTT, GTC, CO, BO, and basket order support referenced.
  • Advisory and market education content ecosystem.
  • Integrated 3-in-1 account (bank + trading + Demat).
  • Strong brand trust and branch-assisted model.
  • Research and multi-product investing workflows.

Trading Platforms

Paytm MoneyICICIdirect
  • Paytm Money mobile app
  • Paytm Money web platform
  • ICICIdirect.com website
  • ICICIdirect mobile app

Reviews & Ratings

Paytm MoneyICICIdirect
  • Positioned as low-cost, digital-first platform with large user base.
  • Source extract includes ratings section heading but not a full visible numeric table in this slice.
  • Viewed as feature-rich and trusted for integrated banking workflow.
  • In this source extract, no final single overall numeric rating table is shown.

Investment Options

Paytm MoneyICICIdirect
  • Equity and F&O
  • Mutual funds and SIP
  • IPO and ETFs
  • Bonds and NPS
  • Equity and derivatives
  • IPO, mutual funds, bonds, NCDs
  • Commodities
  • Insurance and other wealth products

Order Types Offered

Paytm MoneyICICIdirect
  • GTT and GTC
  • CO and BO
  • Basket orders
  • Standard market and limit order workflows
  • Standard market/limit execution flows
  • VTC/GTC-style functionality referenced in source context
  • Delivery, intraday, and derivatives order flows

Suitable For (Investor Type)

Paytm MoneyICICIdirect
  • App-first investors and traders seeking all-digital flow.
  • Users wanting combined mutual fund plus stock execution.
  • Retail traders who use advanced order types.
  • Investors wanting 3-in-1 integration and branch support.
  • Users preferring broader product coverage over pure discount pricing.
  • ICICI ecosystem customers who value seamless account linkage.

Pros and Cons

Paytm MoneyICICIdirect
  • Pros:
  • Broad digital investing stack with useful advanced order features.
  • Low-cost brokerage cap structure.
  • Strong integration with investor education and content.
  • Cons:
  • No branch-support model for offline users.
  • Account opening and fee terms can vary by campaign and segment.
  • Pros:
  • Robust integrated banking-broking setup.
  • Broad product basket and research availability.
  • Strong brand and support infrastructure.
  • Cons:
  • Brokerage can be high versus discount peers without optimized plan selection.
  • Charges and plan structure can feel complex for new users.

Final Note

Use this side-by-side comparison as a starting point and verify the latest brokerage and compliance details on official broker pages before taking decisions.

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