Paytm Money vs Axis Direct – Compare Charges, Trading Features, Offers & more

Find a Comparison of Paytm Money vs Axis Direct here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Paytm Money and Axis Direct.

Background

Year of Incorporation 2017 2006
Website https://www.paytmmoney.com/ https://simplehai.axisdirect.in/
Phone 07612796277 022-40508080
Exchanges enabled BSE, NSE BSE, NSE
Demat (NSDL/CDSL) CDSL NSDL
Brokerage

Equity 2.5% or Rs 20 per executed order, whichever is lower 0.50%
Equity Futures 0.02% or Rs 20 per executed order, whichever is lower 0.05%
Equity Options Rs 20 per lot Rs 0.01 per lot
Currency Futures Not Available 0.05%
Currency Options Not Available Rs 0.01 per lot
Commodity Not Available Rs 50 per lot
Account Opening Costs

Trading only Rs 200 0
Trading & Demat Rs 200 Rs 900
Commodity Not Available N/A
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% N/A
Futures 0.003% of Turnover N/A
Options 0.05% N/A
Commodities Not Available N/A
AMC charge Rs 0 First Year: Rs. 350/- Second Year Onwards: Rs. 750/-
DP Transaction Charge Rs. 13.5/- per sell transaction N/A
Offline order placing Charge 0 N/A
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes Yes
End of Day Yes Yes
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 4x for Intraday N/A
Equity Futures Upto 2x for intraday N/A
Equity Options 1x N/A
Currency Futures Not Available N/A
Currency Options Not Available N/A
Commodity Not Available N/A
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Not Available 4,242.21 Crores
Profit after Tax FY12/13 Not Available 5,179.43 Crores
Profit after Tax FY13/14 Not Available 6,217.67 Crores
Profit after Tax FY 14/15 Not Available 7,357.82 Crores
Profit after Tax FY 15/16 Not Available 8,223.66 Crores
Profit after Tax FY 16/17 Not Available 3,679.28 Crores
Profit after Tax FY 17/18 Rs -1490.47 Crores 275.68 Crores
Profit after Tax FY 18/19 Rs -2,325.10 Crores 4,677 Crores
Profit after Tax FY 19/20 Rs -1,855.80 Crores 2,898 Crores
Profit after Tax FY 20/21 Rs -1,672.50 Crores 16,455 Crores
Profit after Tax FY 21/22 Rs -1,476.20 Crores 22,913 Crores
Profit after Tax FY 22/23 Rs 170 Crores 20,091 Crores
Debt FY11/12 Not Available N/A
Debt FY12/13 Not Available N/A
Debt FY13/14 Not Available N/A
Debt FY14/15 Not Available N/A
Debt FY15/16 Not Available N/A
Debt FY16/17 Not Available N/A
Debt FY17/18 Rs 8.96 Crores N/A
Debt FY18/19 Rs 17.64 Lakhs N/A
Debt FY19/20 Rs 24.17 Crores N/A
Debt FY20/21 Rs 22.46 Lakhs N/A
Debt FY21/22 Rs 24.41 Lakhs 2,08,277.52
Debt FY22/23 Rs 36.35 Lakhs N/A
Profit to Equity(%) FY11/12 Not Available 20.13%
Profit to Equity(%) FY12/13 Not Available 21.22%
Profit to Equity(%) FY13/14 Not Available 20.51%
Profit to Equity(%) FY14/15 Not Available 18.23%
Profit to Equity(%) FY15/16 Not Available 18.57%
Profit to Equity(%) FY16/17 Not Available 17.49%
Profit to Equity(%) FY17/18 7.40 7.22%
Profit to Equity(%) FY18/19 11.34 0.53%
Profit to Equity(%) FY19/20 13.57 8.09%
Profit to Equity(%) FY20/21 20.75 2.34%
Profit to Equity(%) FY21/22 15.31 20.3%
Profit to Equity(%) FY22/23 19.17 19.17%
Balance Sheet Size FY11/12 Not Available 285,627.79
Balance Sheet Size FY12/13 Not Available 340,560.66
Balance Sheet Size FY13/14 Not Available 383,244.89
Balance Sheet Size FY14/15 Not Available 461,932.39
Balance Sheet Size FY15/16 Not Available 525,467.62
Balance Sheet Size FY16/17 Not Available 601,467.67
Balance Sheet Size FY17/18 Rs 3952.01 Crore 691,329.58
Balance Sheet Size FY18/19 Rs 10,751.75 Crores 800,997
Balance Sheet Size FY19/20 Rs 14,542.33 Crores 915,165
Balance Sheet Size FY20/21 Rs 16,356.60 Crores 986,798
Balance Sheet Size FY21/22 Rs 15,636.40 Crores 1,175,178
Balance Sheet Size FY22/23 Rs 14,988.80 Crores 1,317,326

Comparison Link:

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Paytm Money Vs HDFC Securities Axis Direct Vs HDFC Securities
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Paytm Money Vs Zerodha Axis Direct Vs Zerodha

Frequently Asked Questions

Is Paytm Money better than Axis Direct ?

Paytm Money and Axis Direct are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Axis Direct better than Paytm Money ?

Paytm Money and Axis Direct are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Paytm Money cheaper than Axis Direct ?

Paytm Money and Axis Direct are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Axis Direct cheaper than Paytm Money ?

Paytm Money and Axis Direct are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Paytm Money vs. Axis Direct ?

To find out the better of the two stockbrokers Paytm Money and Axis Direct, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.