India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
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 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
Charge | Indiabulls | Paytm Money |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 (Free) |
Trading Acc Opening Charges | ₹500 | Rs. 200 (One time Digital KYC) + Rs. 300 Account Opening Charges |
Trading Account AMC | ₹0 | ₹0 (Free) |
Demat Account AMC | ₹450 | Annual Platform Fees of Rs.300 |
Charge | Indiabulls | Paytm Money |
---|---|---|
Plan Name | Equity Unlimited Trade Plan | Basic Plan |
Equity Delivery | ₹0 | ₹0 |
Equity Intraday | ₹0 | 0.05% of turnover or ₹10 whichever is lower |
Equity Futures | ₹15 per trade | 0.05% of turnover or ₹10 whichever is lower |
Equity Options | ₹15 per trade | 0.05% of turnover or ₹10 whichever is lower |
Currency Futures | ₹15 per trade | 0.05% of turnover or ₹10 whichever is lower |
Currency Options | ₹15 per trade | 0.05% of turnover or ₹10 whichever is lower |
Commodity Options | 0.03% | 0.05% of turnover or ₹10 whichever is lower |
Mutual Fund | N/A | N/A |
Segment | Indiabulls | Paytm Money |
---|---|---|
Equity Delivery | 1x (No margin) | Upto 4x |
Equity Intraday | Upto 5x | Upto 20x |
Equity Future | Intra-day: 4x | Carry forward: 1x | Upto 3x |
Equity Options | Intra-day: 4x | Carry forward: 1x | Upto 5x |
Currency Future | Intra-day: 2x | Carry forward: 1x | Upto 2x |
Currency Options | Intra-day: 2x | Carry forward: 1x | Upto 3x |
Commodity Future | N/A | Upto 3x |
Commodity Options | N/A | N/A |