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

Find a Comparison of Paytm Money vs ICICI 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 ICICI Direct.

Background

Year of Incorporation 2017 2000
Website https://www.paytmmoney.com/ https://www.icicidirect.com/
Phone 07612796277 022 3355 1122
Exchanges enabled BSE, NSE NSE & BSE
Demat (NSDL/CDSL) CDSL NSDL & CDSL
Brokerage

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

Trading only Rs 200 Free
Trading & Demat Rs 200 Rs 975 for 3 in 1 Account
Commodity Not Available Rs 0
Transparency & other costs

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

Equity 0.00325% 0.00325% of Turnover
Futures 0.003% of Turnover 0.0019% of Turnover
Options 0.05% 0.05% of Turnover
Commodities Not Available 0.05% of Turnover
AMC charge Rs 0 Rs 700 per Year
DP Transaction Charge Rs. 13.5/- per sell transaction Rs 25/Transaction or 0.05% whichever higher
Offline order placing Charge 0 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes 20 Days
End of Day Yes 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 4x for Intraday Upto 1x on Delivery & Upto 5x on Intraday
Equity Futures Upto 2x for intraday Upto 4x
Equity Options 1x Not for buying but upto 2x for shorting
Currency Futures Not Available 1x
Currency Options Not Available 1x
Commodity Not Available 1x
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 Rs 77.1 Crores
Profit after Tax FY12/13 Not Available Rs 68.2 Crores
Profit after Tax FY13/14 Not Available Rs 74.9 Crores
Profit after Tax FY 14/15 Not Available Rs 79.52 Crores
Profit after Tax FY 15/16 Not Available Rs 96.88 Crores
Profit after Tax FY 16/17 Not Available Rs 132.64 Crores
Profit after Tax FY 17/18 Rs -1490.47 Crores Rs 100.80 Crores
Profit after Tax FY 18/19 Rs -2,325.10 Crores Rs 134.63 Crores
Profit after Tax FY 19/20 Rs -1,855.80 Crores Rs 123.16 Crores
Profit after Tax FY 20/21 Rs -1,672.50 Crores Rs 85.59 Crores
Profit after Tax FY 21/22 Rs -1,476.20 Crores Rs 105.82 Crores
Profit after Tax FY 22/23 Rs 170 Crores Rs 115.43 Crores
Debt FY11/12 Not Available Rs 209 Crores
Debt FY12/13 Not Available Rs 219 Crores
Debt FY13/14 Not Available Rs 317 Crores
Debt FY14/15 Not Available Rs 350.83 Crores
Debt FY15/16 Not Available Rs 462.09 Crores
Debt FY16/17 Not Available Rs 335.99 Crores
Debt FY17/18 Rs 8.96 Crores Rs 555.66 Crores
Debt FY18/19 Rs 17.64 Lakhs Rs 559.36 Crores
Debt FY19/20 Rs 24.17 Crores Rs 389.28 Crores
Debt FY20/21 Rs 22.46 Lakhs Rs 536.48 Crores
Debt FY21/22 Rs 24.41 Lakhs Rs 598.99 Crores
Debt FY22/23 Rs 36.35 Lakhs Rs 582.15 Crores
Profit to Equity(%) FY11/12 Not Available 32%
Profit to Equity(%) FY12/13 Not Available 21%
Profit to Equity(%) FY13/14 Not Available 27.07%
Profit to Equity(%) FY14/15 Not Available 29.22%
Profit to Equity(%) FY15/16 Not Available 30.63%
Profit to Equity(%) FY16/17 Not Available 32.89%
Profit to Equity(%) FY17/18 7.40 41.55%
Profit to Equity(%) FY18/19 11.34 40.19%
Profit to Equity(%) FY19/20 13.57 26.41%
Profit to Equity(%) FY20/21 20.75 33.02%
Profit to Equity(%) FY21/22 15.31 41.00%
Profit to Equity(%) FY22/23 19.17 43.78%
Balance Sheet Size FY11/12 Not Available Rs 908 Crores
Balance Sheet Size FY12/13 Not Available Rs 948 Crores
Balance Sheet Size FY13/14 Not Available Rs 1620 Crores
Balance Sheet Size FY14/15 Not Available Rs 1857.26 Crores
Balance Sheet Size FY15/16 Not Available Rs 1903.86 Crores
Balance Sheet Size FY16/17 Not Available Rs 1983.64 Crores
Balance Sheet Size FY17/18 Rs 3952.01 Crore Rs 2222.18 Crores
Balance Sheet Size FY18/19 Rs 10,751.75 Crores Rs 2350.41 Crores
Balance Sheet Size FY19/20 Rs 14,542.33 Crores Rs 2470.58 Crores
Balance Sheet Size FY20/21 Rs 16,356.60 Crores Rs 2747.85 Crores
Balance Sheet Size FY21/22 Rs 15,636.40 Crores Rs 2921.25 Crores
Balance Sheet Size FY22/23 Rs 14,988.80 Crores Rs 3061.50 Crores

Comparison Link:

Compare Paytm Money Compare ICICI Direct
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Paytm Money Vs Lemonn ICICI Direct Vs Lemonn
Paytm Money Vs Mandot Securities ICICI Direct Vs Mandot Securities
Paytm Money Vs HDFC Sky ICICI Direct Vs HDFC Sky
Paytm Money Vs Dhan ICICI Direct Vs Dhan
Paytm Money Vs Goodwill Wealth ICICI Direct Vs Goodwill Wealth
Paytm Money Vs Shoonya by Finvasia ICICI Direct Vs Shoonya by Finvasia
Paytm Money Vs NJ Wealth ICICI Direct Vs NJ Wealth
Paytm Money Vs Globe Capital ICICI Direct Vs Globe Capital
Paytm Money Vs Finvasia ICICI Direct Vs Finvasia
Paytm Money Vs Cholamandalam Securities ICICI Direct Vs Cholamandalam Securities
Paytm Money Vs Canara Bank ICICI Direct Vs Canara Bank
Paytm Money Vs Axis Direct ICICI Direct Vs Axis Direct
Paytm Money Vs Alice Blue ICICI Direct Vs Alice Blue
Paytm Money Vs 5Paisa ICICI Direct Vs 5Paisa
Paytm Money Vs M.stock ICICI Direct Vs M.stock
Paytm Money Vs WisdomCapital ICICI Direct Vs WisdomCapital
Paytm Money Vs Way2wealth ICICI Direct Vs Way2wealth
Paytm Money Vs Ventura Securities ICICI Direct Vs Ventura Securities
Paytm Money Vs Navia Markets Ltd ICICI Direct Vs Navia Markets Ltd
Paytm Money Vs Tradejini ICICI Direct Vs Tradejini
Paytm Money Vs Tata Securities ICICI Direct Vs Tata Securities
Paytm Money Vs Swastika Investmart ICICI Direct Vs Swastika Investmart
Paytm Money Vs SMC Global ICICI Direct Vs SMC Global
Paytm Money Vs SBICAP Securities ICICI Direct Vs SBICAP Securities
Paytm Money Vs SASOnline ICICI Direct Vs SASOnline
Paytm Money Vs Samco securities ICICI Direct Vs Samco securities
Paytm Money Vs RK Global ICICI Direct Vs RK Global
Paytm Money Vs Reliance Securities ICICI Direct Vs Reliance Securities
Paytm Money Vs Nirmal Bang ICICI Direct Vs Nirmal Bang
Paytm Money Vs Master Trust Capital ICICI Direct Vs Master Trust Capital
Paytm Money Vs Kotak Securities ICICI Direct Vs Kotak Securities
Paytm Money Vs Interactive Brokers ICICI Direct Vs Interactive Brokers
Paytm Money Vs IIFL Securities ICICI Direct Vs IIFL Securities
Paytm Money Vs Dhani ICICI Direct Vs Dhani
Paytm Money Vs IDBI Capital ICICI Direct Vs IDBI Capital
Paytm Money Vs HDFC Securities ICICI Direct Vs HDFC Securities
Paytm Money Vs Geojit ICICI Direct Vs Geojit
Paytm Money Vs Fyers Securities ICICI Direct Vs Fyers Securities
Paytm Money Vs Edelweiss Capital ICICI Direct Vs Edelweiss Capital
Paytm Money Vs Easytradez ICICI Direct Vs Easytradez
Paytm Money Vs Rupeezy ICICI Direct Vs Rupeezy
Paytm Money Vs Anand Rathi ICICI Direct Vs Anand Rathi
Paytm Money Vs Aditya Birla Money ICICI Direct Vs Aditya Birla Money
Paytm Money Vs Achiievers ICICI Direct Vs Achiievers
Paytm Money Vs Angel Broking ICICI Direct Vs Angel Broking
Paytm Money Vs Motilal Oswal ICICI Direct Vs Motilal Oswal
Paytm Money Vs Sharekhan ICICI Direct Vs Sharekhan
Paytm Money Vs Groww ICICI Direct Vs Groww
Paytm Money Vs Tradesmart Online ICICI Direct Vs Tradesmart Online
Paytm Money Vs Upstox ICICI Direct Vs Upstox
Paytm Money Vs Zerodha ICICI Direct Vs Zerodha

Frequently Asked Questions

Is Paytm Money better than ICICI Direct ?

Paytm Money and ICICI 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 ICICI Direct better than Paytm Money ?

Paytm Money and ICICI 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 ICICI Direct ?

Paytm Money and ICICI 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 ICICI Direct cheaper than Paytm Money ?

Paytm Money and ICICI 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. ICICI Direct ?

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