Angel One
Discount / Full-Service HybridAccount opening₹0
AMC₹60 + GST per quarter (Free for First Year)
Intraday₹20 or 0.1% per executed order, whichever is lower; minimum ₹5
Broker Comparison
Angel One vs Paytm Money
Compare brokerage charges, account fees, trading platforms, products, MTF, advantages and limitations before choosing a broker.
Data verified: 2026-08-23
Paytm Money
Discount / Investment PlatformAccount opening₹0 (Free)
AMC₹0 AMC
IntradayRs 20 or 0.05% of turnover (whichever is lower)
Angel One vs Paytm Money: Quick comparison
Key charges and account features side by side.
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| Feature | Angel One | Paytm Money |
|---|---|---|
| Broker type | Discount / Full-Service Hybrid | Discount / Investment Platform |
| Account opening | ₹0 | ₹0 (Free) |
| Annual maintenance | ₹60 + GST per quarter (Free for First Year) | ₹0 AMC |
| Equity delivery | Flat Rs 20 or 0.1% (whichever is lower) | Rs 20 or 2.5% of turnover (whichever is lower) |
| Equity intraday | ₹20 or 0.1% per executed order, whichever is lower; minimum ₹5 | Rs 20 or 0.05% of turnover (whichever is lower) |
| Futures | ₹20 per executed order | 0.02% of turnover or upto Rs 20 per Executed Order (whichever is lower) |
| Options | ₹20 per executed order | Rs 20 per order |
| Commodity | ₹20 per executed order | ₹20 per executed order |
| Currency | ₹20 per executed order | ₹20 per executed order |
| DP charges | ₹20 + 18%GST | ₹13.5 |
| Auto Square Off | Same as brokerage charges. No additional penalty | ₹50 + GST |
| Call & trade | ₹20 / Order | ₹100 per executed order |
| Customer support | Official app/web help centre, ticket, email and/or phone support. | Official app/web help centre, ticket, email and/or phone support. |
| Active Users | 66.33 lakh active clients on the NSE as of June 2026 | 7.65 lakh active clients as of March 2026, according to NSE data. |
About Angel One
Angel One is one of India’s leading retail stockbrokers, offering online trading and investment services. The company provides access to equities, commodities, currencies, futures and options, IPOs, mutual funds and other financial products through its digital platforms.
Angel One offers a unified trading app with advanced charts, portfolio tracking, research tools and multiple order options. Its wide network and digital account-opening process make the platform suitable for both new investors and active traders.
Under the Angel iTrade PRIME plan, equity delivery trades are brokerage-free, while intraday, futures, options, currency and commodity trades are charged at a flat rate of up to ₹20 per executed order. Angel One combines full-service features with competitive discount brokerage charges.
About Paytm Money
Paytm Money, established in 2017, is a digital investment and stockbroking platform in India offering access to equities, F&O, mutual funds, SIPs, IPOs, ETFs, NPS, bonds, and other investment products. It is a SEBI-registered stockbroker and operates as a depository participant with CDSL and a member of NSE and BSE.
The platform provides web and mobile trading applications with features such as Stock SIP, GTT orders, Basket Orders, advanced option chains, screeners, portfolio insights, market heatmaps, and strategy-building tools. Paytm Money is also known for offering zero-commission investments in direct mutual funds and a fully digital account-opening experience.
Paytm Money caters to both investors and active traders with low-cost brokerage, multiple investment options, research tools, and advanced trading features. It also provides access to IPOs, ETFs, bonds, NPS, margin-related facilities, and educational content to help users make more informed investment decisions.
Trading Platforms & Tools
- Angel One offers multiple trading platforms and tools, including the Angel One mobile app, web trading platform and SmartAPI. These platforms provide advanced charts, technical indicators, watchlists, price alerts, basket orders, GTT orders, portfolio tracking and research insights to support both investors and active traders.
Products Offered
- Angel One offers a wide range of trading and investment products, including equity delivery, intraday trading, futures and options, commodities, currencies, mutual funds, IPOs, ETFs, bonds and other fixed-income products. It also provides margin trading facilities, SmartAPI and algorithmic trading services for active traders and developers.
Platforms and Tools
- Paytm Money offers web and mobile trading platforms designed for both investors and active traders. Its tools include advanced option chains, Stock SIP, GTT and Basket Orders, portfolio insights, market heatmaps, advanced screeners, and a strategy builder for options trading.
Products Offered
- Paytm Money provides access to Equity Stocks, Futures & Options (F&O), Mutual Funds, SIPs, IPOs, ETFs, Bonds, NPS, and other debt investment products through its digital investment platform.
Angel One pros and cons
Pros
- Zero Account Opening Fee: Open a Demat and trading account without upfront charges.
- Low Brokerage: ₹0 equity delivery brokerage and flat ₹20 per executed order for intraday and F&O.
- Research & Support: Access to research insights, advisory tools, and customer support.
Cons
- Cluttered Interface: Frequent notifications and prompts may feel overwhelming for beginners.
- Annual Maintenance Charges: Demat AMC may apply after the introductory or free period.
Paytm Money pros and cons
Pros
- ₹0 Account Opening & AMC: No account opening or annual maintenance charges.
- Easy Digital Investing: Fully online account opening with a user-friendly web and mobile platform.
- Multiple Investment Options: Access to stocks, F&O, mutual funds, IPOs, ETFs, NPS, and bonds.
Cons
- Limited Offline Support: No physical branch network for in-person customer assistance.
- No 3-in-1 Account: Paytm Money does not provide an integrated bank, trading, and Demat account.
Which broker should you choose?
Choose based on the segment you trade, total account cost, platform requirements, research needs and support preference. Verify the latest tariff and product availability on the brokers’ official websites before opening an account.
Broker Rating
Angel One
4.4/5
Paytm Money
4.4/5
Read complete broker reviews
Frequently asked questions
Is Angel One safe for trading and investing?
Angel One is a SEBI-registered stockbroker and provides Demat and trading services in India. However, investments remain subject to market risks.
Is Angel One suitable for beginners?
Yes, Angel One offers a user-friendly app, educational resources, research tools and a digital account-opening process suitable for new investors.
What are Angel One’s brokerage charges?
Angel One charges the lower of ₹20 or 0.1% per executed order for equity delivery and intraday trades, subject to a minimum brokerage of ₹5. F&O trades generally cost ₹20 per executed order.
Is Angel One Demat account opening free?
Yes, Angel One currently offers online Demat and trading account opening at ₹0.
Does Angel One charge annual maintenance fees?
Angel One offers zero account maintenance charges for the first year. AMC may apply quarterly from the second year onward.
Can I invest in mutual funds through Angel One?
Yes, users can invest in mutual funds, equities, IPOs, ETFs and other investment products through the Angel One platform.
Does Angel One provide a GTT order facility?
Yes, Angel One allows users to place GTT orders through its trading platform.
Does Angel One offer margin trading?
Yes, Angel One provides a Margin Trading Facility that allows eligible users to purchase shares by paying a portion of the total trade value. Interest and other charges may apply.
Does Angel One support API and algo trading?
Yes, Angel One provides SmartAPI for automated trading, order execution, live market data and portfolio monitoring.
Can I close my Angel One account online?
Yes, users can submit an online account-closure request. Angel One states that account closure may take up to three working days after all requirements are completed.
Is Paytm Money safe to use?
Yes, Paytm Money is a SEBI-registered stockbroker and CDSL depository participant.
Is Paytm Money account opening free?
Yes, Paytm Money offers ₹0 account opening charges.
Does Paytm Money charge Demat AMC?
Paytm Money currently offers ₹0 annual maintenance charges.
What is Paytm Money brokerage for equity delivery?
Paytm Money charges up to ₹20 per executed equity delivery order.
What is Paytm Money brokerage for intraday trading?
Intraday brokerage is up to ₹20 per executed order.
Does Paytm Money offer F&O trading?
Yes, Paytm Money supports Futures and Options trading.
Can I invest in mutual funds through Paytm Money?
Yes, users can invest in direct mutual funds and SIPs through Paytm Money.
Can I apply for IPOs using Paytm Money?
Yes, Paytm Money allows users to apply for IPOs online.
Does Paytm Money offer commodity and currency trading?
Yes, Paytm Money is registered with exchanges including MCX, NCDEX, and MSEI; however, its current public product pages mainly highlight Stocks and F&O, so commodity/currency availability may depend on the enabled segment.
What investment products are available on Paytm Money?
Paytm Money offers stocks, F&O, mutual funds, SIPs, IPOs, ETFs, bonds, and NPS.