About Alice Blue
Founded in 2006, Alice Blue is a Bengaluru-based discount broker that offers trading services across equity, derivatives, and commodities on BSE, NSE, and MCX. Alice Blue also provides depository (Demat) services through its membership with CDSL.
Alice Blue follows a simple pricing model with flat brokerage plans. For equity delivery, brokerage is charged at ₹20 per executed order or 2.5% (whichev... 
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...
Incorporated in 2006, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 25 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.
| Alice Blue | Paytm Money | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | NSE and BSE |
| Year of Incorporation | 2006 | 2017 |
| Number of Branches | 25 | 1 |
| Open Alice Blue Account |
Alice Blue trading account opening charges is Rs 0 while Paytm Money account opening changes is Rs 0 (Free). Alice Blue Demat Account AMC Charges is Rs 0 and Paytm Money Demat Account AMC Charges is Rs 0 (Free) Lifetime Free.
| Alice Blue | Paytm Money | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | 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 0 | Rs 0 (Free) Lifetime Free |
Alice Blue Brokerage Charges for equity is Rs 20 per order or 2.5% whichever is lower and intraday is Rs 20 per order or 0.05% whichever is lower 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 | Alice Blue Flat Rs 20 | Paytm Money Standard Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per order or 2.5% whichever is lower | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | Rs 20 per order or 0.05% whichever is lower | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | Rs 20 per order or 0.05% whichever is lower | Rs 20 per executed order or 0.01% whichever is low |
| Equity Options | Rs 20 per order | Rs 20 per executed order |
| Currency Futures | Rs 20 per order or 0.05% whichever is lower | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | Rs 20 per order or 0.05% whichever is lower | |
| Commodity Options | Rs 20 per order | |
| Special Offer | Special Offer: Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account 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. |
| Minimum Brokerage | Rs 20 | 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 50 per executed order | Rs 100 |
| Open Alice Blue Account |
Alice Blue 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 trading is up to 20% of the trade value (4x leverage) based on the stock.
| Alice Blue | 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 Alice Blue Account |
The trading platforms offered Alice Blue include ANT, 1lyOption. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.
| Alice Blue | Paytm Money | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | ANT, 1lyOption | Paytm Money mobile app, Paytm Money website |
| Intraday Square-off Time | Equity: 3:15 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Smart Alice, Equity SIP | |
| Open Alice Blue Account |
Alice Blue is rated of 5 based on 40 customer reviews whereas Paytm Money is rated of 5 based on 53 customer reviews.
| Alice Blue | Paytm Money | |
|---|---|---|
40 Customer Reviews  | 53 Customer Reviews | |
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| Research Capabilities |  | |
| Overall Rating |  | |
| Broker Rating | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews | Paytm Money is Rated 3.2 / 5 based on 53 customer reviews |
| Alice Blue | Paytm Money | |
|---|---|---|
| Contact Broker | Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account 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. |
| Alice Blue | Paytm Money | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Alice Blue | 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 Alice Blue Account |
| Alice Blue | Paytm Money | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Alice Blue | 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 | Alice Blue Special OfferExperience transparent pricing with no hidden fees at Alice Blue
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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