Angel One and Paytm Money are two prominent online brokerage platforms offering trading and investment services. While both have similarities, these also differ in various aspects. Understanding their unique offerings can help you to make informed decisions as an investor based on your preferences and trading requirements. Here is an Angel One vs Paytm Money comparison that you will love.
Table of Contents
Angel One Vs Paytm Money Plan Options
Angel One Vs Paytm Money Brokerage Charges
Angel One Vs Paytm Money Features
Angel One vs Paytm Money Trading Platform
Angel One Vs Paytm Money Order Types
Angel One Vs Paytm Money Demat Account Features
Angel One Vs Paytm Money Customer Support Service
Conclusion
Angel One Vs Paytm Money Plan Options
Neither Angel One nor Paytm Money offers multiple plans, monthly plans, or yearly plans. Therefore, there are no significant differences between the two platforms in terms of plan options. There is only single plan offered by each broker. There is no 3 in 1 Account.
Angel One Vs Paytm Money Brokerage Charges
Here is a comparison of the brokerage charges between Angel One’s Angel iTrade Prime Plan and Paytm Money’s Flat Brokerage Plan:
Equity Delivery
- Angel One: Free
- Paytm Money: 2.5% or Rs 15, whichever is lower
Equity Intraday
- Angel One: Flat Rs 20 or 0.25%, whichever is lower
- Paytm Money: 0.05% or Rs 15, whichever is lower
Equity Futures
- Angel One: Flat Rs 20 or 0.25%, whichever is lower
- Paytm Money: 0.02% or Rs 15, whichever is lower
Equity Options
- Angel One: Flat Rs 20 or 0.25%, whichever is lower
- Paytm Money: Flat fee Rs 15 per order
Currency Futures
- Angel One: Flat Rs 20 or 0.25%, whichever is lower
- Paytm Money: Not Available (NA)
Currency Options
- Angel One: Flat Rs 20 or 0.25%, whichever is lower
- Paytm Money: Not Available (NA)
Commodity Trading
- Angel One: Flat Rs 20 or 0.25%, whichever is lower
- Paytm Money: Not Available (NA)
Minimum Brokerage
- Angel One: NIL
- Paytm Money: NIL
Hidden Charges
- Angel One: Information not available
- Paytm Money: No hidden charges
Funding
- Angel One: Yes, with 18% interest PA
- Paytm Money: Information not available
Call & Trade Charges
- Angel One: Rs 20 per order
- Paytm Money: Rs 100 per executed order
Auto Square off Charges
- Angel One: Rs 20 per order
- Paytm Money: Rs 50 per executed order
It is important to note that brokerage charges may vary based on specific offers, promotions, or account types. It is recommended to verify the latest charges directly from the respective brokerage firms or consult their official websites for the most accurate and up-to-date information.
Check out Angel One Charges 2023 – Account Opening Charges, Brokerage Charges and More.
Angel One Vs Paytm Money Features
Here is a comparison of the account features between Angel One and Paytm Money:
Algo Trading:
- Angel One: Yes.
- Paytm Money: No
Margin Funding
- Angel One: Yes.
- Paytm Money: No
NRI Trading
- Angel One: Yes. It offers equity delivery trading via NRE/NRO PIS accounts.
- Paytm Money: No
Charting:
- Angel One: Yes.
- Paytm Money: Yes.
Algo Trading:
- Angel One: Yes.
- Paytm Money: No.
SMS Alerts:
- Angel One: Yes, provides SMS alerts.
- Paytm Money: No, does not provide SMS alerts.
Online Demo:
- Angel One: Yes, offers an online demo.
- Paytm Money: No, does not offer an online demo.
Online Portfolio:
- Angel One: Yes, provides an online portfolio.
- Paytm Money: Yes, provides an online portfolio.
Margin Trading Funding Available:
- Angel One: Yes, offers margin trading funding.
- Paytm Money: No, does not offer margin trading funding.
Combined Ledger for Equity and Commodity:
- Angel One: Yes, provides a combined ledger for equity and commodity trading.
- Paytm Money: No, does not provide a combined ledger for equity and commodity trading.
Intraday Square-off Time:
- Angel One: 3:15 PM.
- Paytm Money: 3:10 PM.
NRI Trading:
- Angel One: No, does not offer NRI trading.
- Paytm Money: No, does not offer NRI trading.
Other Features:
- Angel One: Offers trading software terminal: ODIN (Angel) and diet.
- Paytm Money: NIL (No specific additional features mentioned).
It is recommended to verify the latest features directly from the respective brokerage firms or consult their official websites for the most accurate and up-to-date information.
Angel One vs Paytm Money Trading Platform
Here is a comparison of the trading platforms between Angel One and Paytm Money:
Desktop Trading Platform:
- Angel One: Angel Speed Pro
- Paytm Money: Not available (Info Not Available)
Desktop Demo:
- Angel One: Offers a desktop demo
- Paytm Money: Not available (Info Not Available)
Desktop Platform (Windows):
- Angel One: Yes, available for Windows
- Paytm Money: No, not available for Windows
Desktop Platform (Mac):
- Angel One: No, not available for Mac
- Paytm Money: Yes, available for Mac
Web Trading Platform:
- Angel One: Yes, offers a web trading platform.
- Paytm Money: Yes, offers a web trading platform.
Web Trading Demo:
- Angel One: Offers a web trading demo.
- Paytm Money: Offers a web trading demo.
Mobile Site:
- Angel One: Yes, has a mobile site.
- Paytm Money: Yes, has a mobile site.
Mobile Trading:
- Angel One: Yes, supports mobile trading.
- Paytm Money: Yes, supports mobile trading.
Mobile Trading App:
- Angel One: Angel One Mobile App
- Paytm Money: Paytm Money App
Mobile Trading App Demo:
- Angel One: Offers a mobile app demo for Angel One Mobile App
- Paytm Money: Not available (Info Not Available)
Android Mobile App:
- Angel One: Yes.
- Paytm Money: Yes.
Android App Download:
- Angel One: Android Angel One Mobile App Download.
- Paytm Money: Android Paytm Money App Download.
iPhone Mobile App (iOS):
- Angel One: Yes.
- Paytm Money: Yes.
iOS App Download:
- Angel One: iOS Angel One Mobile App Download
- Paytm Money: iOS Paytm Money App Download
Android Tablet App:
- Angel One: Yes, has an Android tablet app
- Paytm Money: Yes, has an Android tablet app
iPad App (iOS):
- Angel One: Yes.
- Paytm Money: Yes.
Trading Software Charges:
- Angel One: Free
- Paytm Money: Rs. 30 per month
Angel One Vs Paytm Money Order Types
Here is a comparison of the order types between Angel One and Paytm Money:
CNC Order:
Both brokers provide CNC (Cash and Carry) Orders.
MIS Order:
Both brokers provide MIS (Margin Intraday Square-off) Orders.
NRML Order:
Both brokers provide NRML (Normal) Orders.
Cover Orders (CO):
Both brokers provide Cover Orders (CO). These orders involve placing a compulsory stop loss and are suitable for intraday positions in equity and index derivatives. Additional margin is provided by the broker for Cover Orders.
Bracket Orders (BO):
Paytm Money provides Bracket Orders (BO), where Angel One doesn’t offer this order type. Bracket Orders involve bracketing an order with two opposite-side orders to lock in a profit. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. Higher margin is provided for Bracket Orders.
After Market Orders (AMO):
Both brokers offer After Market Orders (AMO) facilities. These orders are sent to the exchange for execution on the next trading day.
GTC Orders:
Angel One offers Good Till Cancelled (GTC) orders, while Paytm Money does not support GTC orders. GTC orders remain valid until they are executed or canceled by the trader.
Angel One Vs Paytm Money Demat Account Features
Here is a comparison of the demat account features between Angel One and Paytm Money:
DP Source:
- Angel One: CDSL (Central Depository Services Limited)
- Paytm Money: CDSL (Central Depository Services Limited)
DP ID:
- Angel One: 33200
- Paytm Money: CDSL: 1208
Demat Account Annual Maintenance Charges (AMC):
- Angel One: ₹450 per year
- Paytm Money: Zero
Advance Deposit:
- Angel One: NIL
- Paytm Money: Nil
Statutory charges:
- Angel One: Nil
- Paytm Money: Nil
Transaction Charges on Debit (Per ISIN):
- Angel One: ₹20 + ₹5.50 (CDSL Charges) for every transaction
- Paytm Money: ₹10 per ISIN
Demat (Charge per Certificate):
- Angel One: ₹50 per certificate
- Paytm Money: ₹250 per 100 shares
Remat (Charge per Certificate):
- Angel One: ₹50 + CDSL Charges
- Paytm Money: ₹250 per 100 shares
Pledge Creation:
- Angel One: ₹25 per transaction
- Paytm Money: ₹32 per ISIN
Pledge Creation Confirmation:
- Angel One: NIL
- Paytm Money: Nil
Pledge Closure:
- Angel One: ₹25 per transaction
- Paytm Money: ₹32 per ISIN
Pledge Closure Confirmation:
- Angel One: NIL
- Paytm Money: Nil
Pledge Invocation:
- Angel One: NIL
- Paytm Money: ₹32 per ISIN
Failed Instruction Charges:
- Angel One: Nil
- Paytm Money: Nil
Other Charges:
- Angel One: Nil
- Paytm Money: Nil
Angel One Vs Paytm Money Customer Support Service
Here is a comparison of the customer support features between Angel One and Paytm Money:
24/7 Customer Service:
- Angel One: No.
- Paytm Money: Yes.
Email Support:
- Angel One: Yes, offers email support.
- Paytm Money: Yes, offers email support.
Online Live Chat:
- Angel One: Yes, offers online live chat support.
- Paytm Money: No, does not offer online live chat support.
Phone Support:
- Angel One: Yes, provides phone support.
- Paytm Money: Yes, provides phone support.
Toll-Free Number:
- Angel One: No, does not provide a toll-free number.
- Paytm Money: No, does not provide a toll-free number.
Through Branches:
- Angel One: Yes, offers customer support through branches.
- Paytm Money: No, does not offer customer support through branches.
Customer Care Number:
- Angel One: 022-33551111/022-42185454
- Paytm Money: Info Not Available
Account Opening Process:
- Angel One: Offers online/paperless account opening process.
- Paytm Money: Offers online/paperless account opening process.
Customer Support Email:
- Angel One: support@angelbroking.com
- Paytm Money: feedback@paytmmoney.com
Knowledge Center/Education:
- Angel One: Provides a knowledge center/education section on its website (https://www.angelone.in/knowledge-center).
- Paytm Money: Provides a knowledge center/education section on its website (https://www.paytmmoney.com/care).
Conclusion
Please note that the Angel One vs Paytm Money comparison information provided is based on the given data, and it is recommended to verify the latest features and details directly from the respective brokerage firms or consult their official websites for the most accurate and up-to-date information.
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