Angel Broking vs Paytm Money Comparison: 2024

About Angel Broking

In this post, you'll know about Angel Broking Trading and Demat Account Opening and Brokerage Charges. You can also have a sneak peak into the Angel Broking apps and important features.

Angel Broking: An Overview

Angel Broking is a leading stock broking and wealth management firm. The company was founded in 1987 and has grown over the years as a leading Financial Investment service provider in India. Angel Broking serves more than 1 million customers with its presence in 900+ cities with 8500+ strong network of sub-brokers.

So, let's begin with the wide range of products and services that Angel Broking offers you.

Angel Broking: Product and Services Offered

  • Equity
  • Initial Public Offering (IPO)
  • Commodity Trading
  • Currency Trading
  • Derivatives
  • Life Insurance
  • Mutual Funds
  • Portfolio Management Service (PMS)
  • Depository Services
  • Investment Advisory
  • Offline to Online conversion
  • Intraday Trading

It provides the iTrade Prime (Flat fee) Trading Plan which has Free Equity Delivery and

About Paytm Money

The best part about Paytm Money is in the fact that it carries the brand name Paytm. Now while that provides a huge advantage from a branding perspective, whether it is enough from a functional perspective, we’ll see.

Paytm Money: An Overview

Paytm Money is a mutual fund trading app, facilitating payments through net banking, UPI, OTM. However, it launched its discount broking wing sometime back and is planning to expand its user base towards the stock investors and traders. Paytm Money’s target market happens to be one of the largest population demographics, i.e the young and middle aged. With Paytm Money, the company joints it’s easy to use interface with quality and service standards set by Paytm.

All this while it ventures into the mutual fund app space and further diversifying into the stock broking services in India. Paytm is an Indian company, funded by Alibaba and backed by Ratan Tata

Angel Broking vs Paytm Money Account Opening Charges: 2024

ChargeAngel BrokingPaytm Money
Demat Account Opening Charges₹0₹0 (Free)
Trading Acc Opening Charges₹600 (One-time)Rs. 200 (One time Digital KYC) + Rs. 300 Account Opening Charges
Trading Account AMC₹0₹0 (Free)
Demat Account AMC₹450 (from 2nd year onwards)Annual Platform Fees of Rs.300

Angel Broking vs Paytm Money Brokerage Charges and Plans : 2024

ChargeAngel BrokingPaytm Money
Plan NameiTrade PrimeBasic Plan
Equity Delivery₹0₹0
Equity IntradayFlat ₹20 per executed order0.05% of turnover or ₹10 whichever is lower
Equity FuturesFlat ₹20 per executed order0.05% of turnover or ₹10 whichever is lower
Equity OptionsFlat ₹20 per executed order0.05% of turnover or ₹10 whichever is lower
Currency FuturesFlat ₹20 per executed order0.05% of turnover or ₹10 whichever is lower
Currency OptionsFlat ₹20 per executed order0.05% of turnover or ₹10 whichever is lower
Commodity OptionsFlat ₹20 per executed order0.05% of turnover or ₹10 whichever is lower
Mutual FundN/AN/A

Angel Broking vs Paytm Money Margin / Exposure: 2024

SegmentAngel BrokingPaytm Money
Equity DeliveryUpto 3xUpto 4x
Equity IntradayUpto 10xUpto 20x
Equity FutureUpto 4xUpto 3x
Equity Options3x for shortingUpto 5x
Currency FutureUpto 2xUpto 2x
Currency OptionsUpto 5x for shortingUpto 3x
Commodity Future3xUpto 3x
Commodity OptionsN/AN/A

Angel Broking vs Paytm Money Currency Charges and Plans: 2024

Angel Broking charge Flat ₹20 per executed order for Currency Futures and Flat ₹20 per executed order for Currency Options whereas Paytm Money Charges 0.05% of turnover or ₹10 whichever is lower for Currency futures and 0.05% of turnover or ₹10 whichever is lower for Currency options.

Angel Broking vs Paytm Money Commodity Charges and Plans: 2024

Angel Broking charge Flat ₹20 per executed order for commodity and Paytm Money charge 0.05% of turnover or ₹10 whichever is lower for commodity.
Ask your questions here

Frequently Asked Questions or FAQs

Angel Broking and Paytm Money both these platforms are popular among traders. But if you are a beginner or if you want to switch to a new trading platform and you are considering choosing one of these two, and then you came to the right place.

Other Comparisons of Angel Broking and Paytm Money

Angel BrokingPaytm Money
Angel Broking vs 5paisaPaytm Money vs 5paisa
Angel Broking vs StoxkartPaytm Money vs Stoxkart
Angel Broking vs SBIcap SecuritiesPaytm Money vs SBIcap Securities
Angel Broking vs HDFC SecuritiesPaytm Money vs HDFC Securities
Angel Broking vs ICICI DirectPaytm Money vs ICICI Direct
Angel Broking vs Master TrustPaytm Money vs Master Trust
Angel Broking vs Trading BellsPaytm Money vs Trading Bells
Angel Broking vs ProStocksPaytm Money vs ProStocks
Angel Broking vs Reliance SecuritiesPaytm Money vs Reliance Securities
Angel Broking vs EdelweissPaytm Money vs Edelweiss
Angel Broking vs FyersPaytm Money vs Fyers
Angel Broking vs Prabhudas LilladherPaytm Money vs Prabhudas Lilladher
Angel Broking vs AxisDirectPaytm Money vs AxisDirect
Angel Broking vs Yes SecuritiesPaytm Money vs Yes Securities
Angel Broking vs Wisdom CapitalPaytm Money vs Wisdom Capital
Angel Broking vs GrowwPaytm Money vs Groww
Angel Broking vs Anand RathiPaytm Money vs Anand Rathi
Angel Broking vs Ventura SecuritiesPaytm Money vs Ventura Securities
Angel Broking vs Motilal OswalPaytm Money vs Motilal Oswal
Angel Broking vs IndiabullsPaytm Money vs Indiabulls
Angel Broking vs FinvasiaPaytm Money vs Finvasia
Angel Broking vs IIFL SecuritiesPaytm Money vs IIFL Securities
Angel Broking vs Trade Smart OnlinePaytm Money vs Trade Smart Online
Angel Broking vs Alice BluePaytm Money vs Alice Blue
Angel Broking vs Karvy Stock Broking Ltd.Paytm Money vs Karvy Stock Broking Ltd.
Angel Broking vs UpstoxPaytm Money vs Upstox
Angel Broking vs IDBI DirectPaytm Money vs IDBI Direct
Angel Broking vs Nirmal BangPaytm Money vs Nirmal Bang
Angel Broking vs Marwadi SharesPaytm Money vs Marwadi Shares
Angel Broking vs SharekhanPaytm Money vs Sharekhan
Angel Broking vs Kotak SecuritiesPaytm Money vs Kotak Securities
Angel Broking vs SAMCOPaytm Money vs SAMCO
Angel Broking vs ZerodhaPaytm Money vs Zerodha