Broker comparison

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AttributePaytm MoneyAngel One
Brokerage₹20 / Intraday & F&O order₹20 / Intraday & F&O order
TypeDiscount brokerDiscount broker
Account openingFree (₹0)Free (₹0)
AMC₹0₹0
Equity delivery₹0₹0
Intraday / F&O₹20 per order₹20 per order
DP charges₹13.5 + GST = ₹15.93₹20 per scrip
SEBI registrationINZ000240532INZ000161534
Charges last verified20 Oct 202620 Oct 2026
Our ratingRating 4.4Rating 4.6
Best forPaytm users consolidating investments in one appInvestors who want research and tips along with low brokerage
Hidden charges to watchDP charges on sale; no call & trade desk on free tierDP charges per scrip on sale; ARQ Prime and advisory packs are paid add-ons
SegmentsEquity, F&O, Mutual fundsEquity, F&O, Commodity, Currency, Mutual funds, IPO
F&O (all segments)₹20 per order₹20 per order
Commodity (MCX)-₹20 per order
HighlightsPaytm app integration, Stocks & MF in one portfolio, Options chainAngel One app, SmartAPI, ARQ advisory engine, SpeedPro terminal
Open accountPaytm MoneyAngel One

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