Paytm Money vs Interactive Brokers – Compare Charges, Trading Features, Offers & more

Find a Comparison of Paytm Money vs Interactive Brokers 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 Interactive Brokers.

Background

Year of Incorporation 2017 1977
Website https://www.paytmmoney.com/ https://www.interactivebrokers.co.in/en/home.php
Phone 07612796277 +91 22-61289888
Exchanges enabled BSE, NSE NSE (plus over 100 market centers across 24 countries).
Demat (NSDL/CDSL) CDSL NSDL
Brokerage

Equity 2.5% or Rs 20 per executed order, whichever is lower 0.05% per Executed Order
Equity Futures 0.02% or Rs 20 per executed order, whichever is lower 0.01% per Executed Order
Equity Options Rs 20 per lot Rs 25 per lot per
Currency Futures Not Available 0.01% per Executed Order
Currency Options Not Available 0.01% per Executed Order
Commodity Not Available Rs 50 per lot per
Account Opening Costs

Trading only Rs 200 Rs 0
Trading & Demat Rs 200 Rs 400
Commodity Not Available Not Available
Transparency & other costs

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

Equity 0.00325% 0.00325%
Futures 0.003% of Turnover 0.0019 %
Options 0.05% 0.05%
Commodities Not Available Not available
AMC charge Rs 0 NIL
DP Transaction Charge Rs. 13.5/- per sell transaction NIL
Offline order placing Charge 0 Rs 1500 per order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes 22 Days
End of Day Yes 1 Year
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 4x for Intraday 2x intraday and overnight leverage
Equity Futures Upto 2x for intraday Upto 2x for Intraday
Equity Options 1x Buying 0 & Shorting upto 2x for Intraday
Currency Futures Not Available Upto 2x for Intraday
Currency Options Not Available Buying 0 & Shorting upto 2x for Intraday
Commodity Not Available Not Available
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 104.1 Crores
Profit after Tax FY12/13 Not Available Rs 63.01 Crores
Profit after Tax FY13/14 Not Available Rs 64.75 Crores
Profit after Tax FY 14/15 Not Available Rs 74.30 Crores
Profit after Tax FY 15/16 Not Available Rs 89.41 Crores
Profit after Tax FY 16/17 Not Available Rs 79.38 Crores
Profit after Tax FY 17/18 Rs -1490.47 Crores Rs 79.67 Crores
Profit after Tax FY 18/19 Rs -2,325.10 Crores Rs 93.62 Crores
Profit after Tax FY 19/20 Rs -1,855.80 Crores Rs 89.06 Crores
Profit after Tax FY 20/21 Rs -1,672.50 Crores Rs 99.53 Crores
Profit after Tax FY 21/22 Rs -1,476.20 Crores Rs 85.24 Crores
Profit after Tax FY 22/23 Rs 170 Crores Rs 78.27 Crores
Debt FY11/12 Not Available Rs 17.67 Crores
Debt FY12/13 Not Available Rs 13.43 Crores
Debt FY13/14 Not Available Rs 21.88 Crores
Debt FY14/15 Not Available Rs 21.05 Crores
Debt FY15/16 Not Available Rs 23.05 Crores
Debt FY16/17 Not Available Rs 22.53 Crores
Debt FY17/18 Rs 8.96 Crores Rs 22.09 Crores
Debt FY18/19 Rs 17.64 Lakhs Rs 23.67 Crores
Debt FY19/20 Rs 24.17 Crores Rs 21.41 Crores
Debt FY20/21 Rs 22.46 Lakhs Rs 24.02 Crores
Debt FY21/22 Rs 24.41 Lakhs Rs 27.09 Crores
Debt FY22/23 Rs 36.35 Lakhs Rs 21.78 Crores
Profit to Equity(%) FY11/12 Not Available 14.94
Profit to Equity(%) FY12/13 Not Available 7.29
Profit to Equity(%) FY13/14 Not Available 9.71
Profit to Equity(%) FY14/15 Not Available 9.01
Profit to Equity(%) FY15/16 Not Available 9.64
Profit to Equity(%) FY16/17 Not Available 10.04
Profit to Equity(%) FY17/18 7.40 10.14
Profit to Equity(%) FY18/19 11.34 11.34
Profit to Equity(%) FY19/20 13.57 13.24
Profit to Equity(%) FY20/21 20.75 12.52
Profit to Equity(%) FY21/22 15.31 17.85
Profit to Equity(%) FY22/23 19.17 14.56
Balance Sheet Size FY11/12 Not Available Rs 908 Crores
Balance Sheet Size FY12/13 Not Available Rs 977 Crores
Balance Sheet Size FY13/14 Not Available Rs 990.08 Crores
Balance Sheet Size FY14/15 Not Available Rs 968.51 Crores
Balance Sheet Size FY15/16 Not Available Rs 1071.18 Crores
Balance Sheet Size FY16/17 Not Available Rs 1098.72 Crores
Balance Sheet Size FY17/18 Rs 3952.01 Crore Rs 1110.91 Crores
Balance Sheet Size FY18/19 Rs 10,751.75 Crores Rs 1095.94 Crores
Balance Sheet Size FY19/20 Rs 14,542.33 Crores Rs 1369.20 Crores
Balance Sheet Size FY20/21 Rs 16,356.60 Crores Rs 1391.66 Crores
Balance Sheet Size FY21/22 Rs 15,636.40 Crores Rs 1293.62 Crores
Balance Sheet Size FY22/23 Rs 14,988.80 Crores Rs 1627.43 Crores

Comparison Link:

Compare Paytm Money Compare Interactive Brokers
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Frequently Asked Questions

Is Paytm Money better than Interactive Brokers ?

Paytm Money and Interactive Brokers 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 Interactive Brokers better than Paytm Money ?

Paytm Money and Interactive Brokers 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 Interactive Brokers ?

Paytm Money and Interactive Brokers 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 Interactive Brokers cheaper than Paytm Money ?

Paytm Money and Interactive Brokers 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. Interactive Brokers ?

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