Alice Blue vs Paytm Money Reviews 2025 | Which One Is Better
Alice Blue vs Paytm Money
Alice Blue , founded in 2006, is a Discount broker. It supports trading on the BSE, NSE & MCX. It has 17 branches in India . while Paytm Money , founded in 2017 , is a discount broker. It offers trading on the NSE and BSE. It has one branch across India.
Alice Blue
Alice Blue, founded in 2006, is a Bangalore-based cheap stock broker that provides stock
and commodity trading services on the BSE, NSE, and MCX. Alice Blue also provides
depository services (demat accounts) through its CDSL membership. AliceBlue provides
its consumers with one basic broking plan, Freedom 15 (F15). The flat fee broking plan
F15 reduces broking fees so that customers pay the lowest cost while trading.
Alice Blue is a Bangalore-based discount stock broker that provides stock and
commodity trading services on the BSE, NSE, and MCX. Alice Blue also provides
depository services (demat accounts) through its CDSL membership. AliceBlue provides
its consumers with one basic broking plan, Freedom 15 (F15). The F15 flat fee broking
plan minimises broking fees, allowing consumers to trade at the lowest possible cost.
The consumer does not pay a broking fee for trading in this section. For all other sectors,
Alice Blue charges a fixed Rs 15 per executed order, or 0.01%, whichever is lower. Alice
Blue Financial Services has 17 branches spread in key cities across India.
Paytm Money
Paytm Money, on the other hand, attracts new and tech investors with
its user-friendly interface, low commissions and seamless integration with the Paytm
ecosystem. It stands out for its simplicity and accessibility, making it ideal for beginners. Both
platforms have their strengths, with Kotak suitable for in-depth trading and Paytm Money
facilitating and cost-effective investing.
Founded in 2017, Paytm Money Limited (commonly known as Paytm Money) is a discount
brokerage company based in Bengaluru. Paytm Money is a wholly owned subsidiary of
One97 Communications Ltd, India’s largest and leading digital products and mobile platform,
which also owns the Paytm Money brand. Paytm is an Indian e-commerce payment system
approved by the RBI. Paytm Money is a SEBI registered stockbroker and investment
advisor.
| Alice Blue | Paytm Money | |
| Establishment Year | 2006 | 2017 |
| Founder | Sidhavelayutham Mohan | Vijay Shekhar Sharma |
| Exchange of Membership | BSE, NSE, MCX | NSE, BSE |
| Broker Type | Discount Broker | Discount Broker |
| Branches | 17 | 1 |
Alice Blue vs Paytm Money Charges
| Charges | Alice Blue | Paytm Money |
| Trade and Call Charge | Rs 20 per executed order | (₹50 + 18% GST) per order. |
| Minimum Brokerage Charges | Rs 0 | NA |
Alice Blue vs Paytm Money Offers
| Offers | Alice Blue | Paytm Money |
| Free AMC | ||
| Free Brokerage | , Limited | |
| Free Account Opening Charge | ||
| Flat Brokerage Charges | Yes But limited | |
| Flexible Brokerage Charges | ||
| Free Intraday Charges | ||
| Free Delivery Charges | ||
| Margin Funding and Pledging | ||
| Free F&O Trading | ||
| Refferal Offers | 20% + Rs 500 per new Client | |
| Zero brokerage for Loss Making Trade | ||
| Brokerage Cashback | ||
| Free Trading Calls | ||
| Free Research Report | ||
Alice Blue vs Paytm Money Product Provided
| Type | Alice Blue | Paytm Money |
| Equity Delivery | ||
| Equity Intraday | ||
| Equity Option | ||
| Equity Future | ||
| Currency Option | ||
| Currency Future | ||
| Commodity Options | ||
| Commodity Future | ||
| Mutual Funds | ||
| Foreign stocks | ||
| Banking | ||
| Insurance | ||
| Digital Gold | ||
| Govt. Bonds | ||
| Corporate Bonds | ||
Alice Blue vs Paytm Money Advisory Services Provided
| Type | Alice Blue | Paytm Money |
| IPO Service | ||
| Weekly and Monthly Review | ||
| Daily Stock Picks and Stock Tips | , Chargeable | |
| PMS or PCG | ||
| Trading Institution | Front End: ANT | Back End: Omnesys NEST | |
| Demat and Trading Service | ||
| Intraday Service | ||
| Share Pledging | ||
| NRI Service | ||
| 3 In 1 Account | ||
| Company and Annual Report | ||
| Research report | , Chargeable | |
| Stock Recommendation | ||
Features Of Alice Blue vs Paytm Money
| Features | Alice Blue | Paytm Money |
| Chart | ||
| Automated Trading | ||
| 3 in 1 Account | ||
| Sms Alerts | ||
| Margin Against Shares (Equity Cash) | ||
| Margin Against Shares (Equity F&O) | ||
| Online Portfolio | ||
| Online Demo | ||
| Intraday Square-Off Time | 3:15PM | 3.15pm |
| Global Indices | ||
| Real Time Update | ||
| Stock Tips | ||
| Multi Profile Management | ||
| Interactive Charts | ||
| Customised Recommendation | ||
| Online MF Buy | ||
Alice Blue vs Paytm Money Demat And AMC Charges
Starting a trading account with Alice Blue costs Rs 150, The AMC charges for the Alice Blue Demat Account are Rs 400. While Paytm Money has Rs.0 annual maintenance cost (AMC) for trading accounts Many investors favour it because of its competitive cost, user-friendly layout, and excellent customer service.
| Charges | Alice Blue | Paytm Money |
| Demat Account Opening Charges | Rs. 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 400 | Rs 0 (Free) |
| Trading Account Opening Charges | Rs 500 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs. 0 (Free) | Rs. 0 (Free) |
Alice Blue vs Paytm Money Brokerage Charges
Alice Blue broking charges are Rs. 0 (Free) and intraday is Rs. 15 per order or 0.05%,
whichever is lesser, whereas Paytm Money offers low-cost brokerage with no delivery fees and competitive rates for intraday and F&O trades Below the table shows brokerage charges of both the platforms.
| Brokerage Charges | Alice Blue | Paytm Money |
| Brokerage Plan | Standard Plan | NA |
| Equity Delivery | Free | Rs.15 per Trade & 2.5% (whichever is lower) |
| Equity Intraday | Rs.15 per Trade or 0.05% (Whichever is lesser) | Rs.15 per Trade or 0.05% (whichever is Lower) |
| Equity Option | Rs.15 per Trade | Rs.15 per Trade |
| Equity Future | Rs.20 per Trade | Rs.15 per Trade or 0.02% (whichever is lower). |
| Currency Option | Rs.15 per Trade | NA |
| Currency Future | Rs.15 per Trade or 0.05% (whichever is lesser) | NA |
| Commodity Option | Rs.15 per Trade | NA |
| Commodity Future | Rs.15 per Trade or 0.05% (whichever is lesser) | NA |
Alice Blue vs Paytm Money Leverage (Margin)
See the table below to know about money margin leverage of both the platform
| Leverage | Alice Blue | Paytm Money |
| Equity Delivery | Upto 5x (Depends on Stocks) | Up to 20% of Trade Value (5x leverage) |
| Equity Intraday | 1x | 100% of Trade Value (1x Leverage) |
| F&O (Currency, Equity, Commodity) | 5x | 100% of NRML Margin (Span + Exposure) (1x Leverage) |
Alice Blue vs Paytm Money Pros And Cons
Pros:
| Alice Blue | Paytm Money |
| 1)Intraday and F&O broking are flat at Rs 15. 2) Cutting-edge internet trading system. 3)Trades involving free equity distribution. And it is Not a brokerwhile it provides cheap platform. 4) Free account opening. | 1)A direct mutual fund platformthat increases your returns by1%. 2)No Upkeep Fees Andinstantaneous establishment of a digital account. 3)Investments in mutual fundsthat are free of hidden fees. 4)A direct mutual fund platformthat increases your returns by1%. Investments in mutual funds that have no additional fees. A direct mutual fund platform that increases your returns by 1%. 5)Straightforward anduncomplicated trading systems. 6) Offers to invest in stocks,derivatives, mutual funds, NPS,and digital gold. |
Cons:
| Alice Blue | Paytm Money |
| 1)Call and Trade is offered for an additional cost of Rs 20 per order. 2) Margin financing is not accessible. 3)Good Till Cancelled (GTC) orders are not available. 4) Mutual fund investments cannotbe made online. | 1)Fee for trading platforms: Rs.30 per month and No facility formargin trading. 2)There is no branch supportprovided and Order type for GTC is not available. 3)Trading in commodities andcurrencies is not possible.4) No margin facility |
Complaints Of Alice Blue vs Paytm Money
The table below shows information about resolved, lodged and % of Complaints.
| Complaints | Alice Blue | Paytm Money |
| Total Complaints Lodged | 75 | 193 |
| Total Complaints Resolved | 70 | 170 |
| % Of Total Complaints Resolved | 85.45 % | 80.30% |
| Non Actionable Complaints | 2 | 27 |
| % Of Total Complaints Resolved | 2.60 % | 9.38% |
Alice Blue vs Paytm Money Transactions Charges
Below the table shows Equity Intraday, Equity Delivery, Equity Option , Future and
Commodity options/ Future and Currency Option/Future Transaction charges of both the
platform.
| Transaction Charges | Alice Blue | Paytm Money |
| Equity Delivery | 0.00325% (NSE) 0.00375% (BSE) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | 0.00325% (NSE) 0.00375% (BSE) | 0.00325% (NSE) & As per Stock (BSE) |
| Equity Option | 0.05% (on premium) | NSE Rs 5300 per Cr (0.053%) (on premium) |
| Equity Future | 0.0019% (NSE & BSE) | BSE Rs 200 per Cr (0.002%) |
| Currency Option | 0.035% (NSE) | NA |
| Currency Future | 0.0009% (NSE) | NA |
| Commodity Option | 0.05% (Non Agri) | NA |
| Commodity Future | 0.0026% (Non-Agri) | NA |
Review Comparison Of Alice vs Paytm Money By Customer
Alice Blue is rated 6 of 10 , whereas Paytm Money is rated 8.5 of 10
| Rating | Alice Blue | Paytm Money |
| Customer Services | 6.5/10 | 7.5/10 |
| Fees | 7 /10 | 7/10 |
| Brokerage Charges | 6.5/10 | 8.5/10 |
| Trade and Call Charges | 7/10 | 7/10 |
| Research Capabilities | 5/10 | 8/10 |
| Overall Rating | 7/10 | 7.5/10 |
Conclusion:Because of its affordable broking plans, reliable trading platforms, and excellent customer support, Alice Blue is a well-liked option for traders on a budget. Although the ANT platform has a lot of features, certain customers have occasionally reported technical problems.. Paytm Money is praised for its low-cost architecture, intuitive user interface, and cutting-edge technologies like the Paytm Money platform. It is especially appealing to traders who are tech-savvy yet cost-conscious. Though both sites are trustworthy and regulated, the decision comes down to personal preferences: Paytm Money offers affordable costs and cutting-edge technology
Customer Care Number/Email
Alice Blue : 07676444362, 07314921313
Paytm Money :- 0120-3888388 / 0120-3925699
Client can contact this number for clearing your doubt.
Alice Blue Support Email : askus@aliceblueindia.com
Paytm Money Email ID :- priority.kyc@paytmmoney.com
Client can contact this email for clearing your doubt.
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