Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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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 and NSDL.
HDFC Securities provides trading services through multiple trading platforms to make cust... 
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 Advisor. It is also a depository participant with CDSL and a member of both the NSE and BSE.
Initially foc...
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 Securities | Paytm Money | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | NSE and BSE |
| Year of Incorporation | 2002 | 2017 |
| Number of Branches | 270 | 1 |
| Open Paytm Money Account |
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 Securities | Paytm Money | |
|---|---|---|
| Trading Account Opening Charges | Rs 999 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) (Annual Platform Fees) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 750 | Rs 0 (Free) Lifetime Free |
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 Type | HDFC Securities Lite 199 Yearly Subscription Plan | Paytm Money Standard Plan |
|---|---|---|
| Fixed Charges | Rs 199 per year | NA |
| Equity Delivery | 0.32% | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | 0.032% | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | Rs 20 per trade | Rs 20 per executed order or 0.01% whichever is low |
| Equity Options | Rs 20 per trade | Rs 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. | Special Offer: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer  |
| HDFC Securities | Paytm Money | |
|---|---|---|
| Account Type | Alpha 1,999 | Standard Plan |
| Fixed Charges | Rs 1999 per year | NA |
| Equity Delivery | 0.18% | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | 0.018% | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | Rs 20 per trade | Rs 20 per executed order or 0.01% whichever is low |
| Equity Options | Rs 20 per trade | Rs 20 per executed order |
| Currency Futures | ||
| Currency Options | ||
| Commodity Futures | ||
| Commodity Options | ||
| Open Paytm Money Account |
| HDFC Securities | Paytm Money | |
|---|---|---|
| Account Type | Alpha 4999 Yearly Subscription Plan | Standard Plan |
| Fixed Charges | Rs 4,999 per year | NA |
| Equity Delivery | 0.10% | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | 0.010% | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | Rs 20 per trade | Rs 20 per executed order or 0.01% whichever is low |
| Equity Options | Rs 20 per trade | Rs 20 per executed order |
| Currency Futures | ||
| Currency Options | ||
| Commodity Futures | ||
| Commodity Options | ||
| Open Paytm Money Account |
| Minimum Brokerage | Rs. 25 per order on equity segment | Rs 20 |
| Other Charges | Rs 50 + GST system auto square off; Physical Statements - Rs 300 per request + Rs 300 per Courier | |
| Call & Trade Charges | Rs 0 | Rs 100 |
| Open Paytm Money Account |
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 Securities | Paytm Money | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up 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) |
| Open Paytm Money Account |
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 Securities | Paytm Money | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify | Paytm Money mobile app, Paytm Money website |
| Intraday Square-off Time | 3:30 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | E-Margin, ENCASH, | |
| Open Paytm Money Account |
HDFC Securities is rated of 5 based on 231 customer reviews whereas Paytm Money is rated of 5 based on 53 customer reviews.
| HDFC Securities | Paytm Money | |
|---|---|---|
231 Customer Reviews  | 53 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities | | |
| Overall Rating | | |
| Broker Rating | HDFC Securities is Rated 2.1 / 5 based on 231 customer reviews | Paytm Money is Rated 3.2 / 5 based on 53 customer reviews |
| HDFC Securities | Paytm 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. | Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer |
| HDFC Securities | Paytm Money | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| HDFC Securities | Paytm Money | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Paytm Money Account |
| HDFC Securities | Paytm Money | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| HDFC Securities | Paytm Money | |
|---|---|---|
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| 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
| Paytm Money Special OfferPay Rs 0 brokerage for first 15 days
This is a limited-time offer. Open Instant Paytm Account online and start trading today. |
| Open Paytm Money Account |
Open Paytm Money Account