HDFC Securities Vs Paytm Money (Compare HDFC Securities and Paytm Money)

About HDFC Securities

Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL ... Know more about HDFC Securities

About Paytm Money

Established in 2017, Paytm Money is a prominent Indian wealth management platform that leverages technology to streamline investment processes. It facilitates investments across a broad spectrum of assets, including equities, F&O, mutual funds, SIPs, IPOs, NPS, and debt instruments, offering a user-friendly experience. Paytm Money operates as a SEBI-registered stockbroker and Investment Adviso... Know more about Paytm Money

HDFC Securities Vs Paytm Money

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Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

 HDFC SecuritiesPaytm Money
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSENSE and BSE
Year of Incorporation20022017
Number of Branches2701

HDFC Securities Vs Paytm Money Charges & AMC

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HDFC Securities trading account opening charges is Rs 999 while Paytm Money account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Paytm Money Demat Account AMC Charges is Rs 0 (Free) Lifetime Free.

 HDFC SecuritiesPaytm Money
Trading Account Opening ChargesRs 999Rs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0 (Free) (Annual Platform Fees)
Demat Account Opening ChargesRs 0Rs 0 (Free)
Demat Account AMC ChargesRs 750Rs 0 (Free) Lifetime Free

HDFC Securities Vs Paytm Money Brokerage

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HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Paytm Money brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is low.

Account TypeHDFC Securities Lite 199 Yearly Subscription PlanPaytm Money Standard Plan
Fixed ChargesRs 199 per yearNA
Equity Delivery0.32%Rs 20 per executed order or 2.5% whichever is low
Equity Intraday0.032%Rs 20 per executed order or 0.05% whichever is low
Equity FuturesRs 20 per tradeRs 20 per executed order or 0.01% whichever is low
Equity OptionsRs 20 per tradeRs 20 per executed order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

HDFC Securities Vs Paytm Money Brokerage Plan 2

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 HDFC SecuritiesPaytm Money
Account TypeAlpha 1,999Standard Plan
Fixed ChargesRs 1999 per yearNA
Equity Delivery0.18%Rs 20 per executed order or 2.5% whichever is low
Equity Intraday0.018%Rs 20 per executed order or 0.05% whichever is low
Equity FuturesRs 20 per tradeRs 20 per executed order or 0.01% whichever is low
Equity OptionsRs 20 per tradeRs 20 per executed order
Currency Futures
Currency Options
Commodity Futures
Commodity Options

HDFC Securities Vs Paytm Money Brokerage Plan 3

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 HDFC SecuritiesPaytm Money
Account TypeAlpha 4999 Yearly Subscription PlanStandard Plan
Fixed ChargesRs 4,999 per yearNA
Equity Delivery0.10%Rs 20 per executed order or 2.5% whichever is low
Equity Intraday0.010%Rs 20 per executed order or 0.05% whichever is low
Equity FuturesRs 20 per tradeRs 20 per executed order or 0.01% whichever is low
Equity OptionsRs 20 per tradeRs 20 per executed order
Currency Futures
Currency Options
Commodity Futures
Commodity Options

HDFC Securities Charges Vs Paytm Money

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Minimum BrokerageRs. 25 per order on equity segmentRs 20
Other ChargesRs 50 + GST system auto square off; Physical Statements - Rs 300 per request + Rs 300 per Courier
Call & Trade ChargesRs 0Rs 100

HDFC Securities Vs Paytm Money Leverage (Margin)

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HDFC Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Paytm Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 HDFC SecuritiesPaytm Money
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)

Compare HDFC Securities and Paytm Money Features

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The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

 HDFC SecuritiesPaytm Money
3 in 1 AccountYesNo
Automated TradingNoNo
Margin Trading FundingNoNo
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)NoNo
Trading PlatformProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, DigifyPaytm Money mobile app, Paytm Money website
Intraday Square-off Time3:30 PM3:15 PM
Trading In SME Shares Allowed?NoNo
Referral ProgramNoNo
Other FeaturesE-Margin, ENCASH,

HDFC Securities Vs Paytm Money Review

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HDFC Securities is rated of 5 based on 231 customer reviews whereas Paytm Money is rated of 5 based on 53 customer reviews.

 HDFC SecuritiesPaytm Money
 231 Customer Reviews    Rate HDFC Securities53 Customer Reviews    Rate Paytm Money
FeesRated 2.1 starsRated 3.2 stars
BrokerageRated 1.8 starsRated 3.7 stars
Trading PlatformRated 2.8 starsRated 3.5 stars
Customer ServiceRated 2.5 starsRated 2.6 stars
Research CapabilitiesRated 2.6 starsRated 3.2 stars
Overall RatingRated 2.1 starsRated 3.2 stars
Broker RatingHDFC Securities is Rated 2.1 / 5 based on 231 customer reviewsPaytm Money is Rated 3.2 / 5 based on 53 customer reviews

Contact Broker / Request A Call Back

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 HDFC SecuritiesPaytm Money
Contact Broker
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

HDFC Securities Vs Paytm Money Investment Options

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 HDFC SecuritiesPaytm Money
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesNo

HDFC Securities Vs Paytm Money Order Type Offered

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 HDFC SecuritiesPaytm Money
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)YesNo

HDFC Securities Vs Paytm Money Suitable For Investor Type

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 HDFC SecuritiesPaytm Money
Casual InvestorYesNo
Active InvestorNoYes
TraderNoYes

HDFC Securities Vs Paytm Money - Pros and Cons

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 HDFC SecuritiesPaytm Money
Pros
  • The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.
  • Flat rate brokerage fee (max Rs 20 per trade).
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
Cons
  • In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank.
  • Very high brokerage charges
  • Charge minimum brokerage of Rs 25
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms use fee: Rs 30 per month.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru-based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 15 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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