Angel One vs Paytm Money – 2024 | Which Is Better
Angel One vs Paytm Money
Discount Broker Angel One was founded in 1987. It provides trading on the The National
Commodity and Derivatives Exchange (NCDEX) ,Multi Commodity Exchange (MCX), NSE
(national stock exchange) ,and BSE ( Bombay stock exchange) .There are 900 of its
branches in India.Paytm Money , founded in 2017 , is a discount broker. It offers trading on the NSE and BSE. It has one branch across India. Paytm Money, founded in 2017, is a discount broker. It supports
trading on the NSE and BSE. It has one branch across India.
Angel One
Angel One Review: A full-service retail broker with online discount brokerage services,
is one of the biggest in India and was founded in 1987. In addition to stock and commodities
broking, margin finance, loans secured by shares, and distribution of financial goods, the
company provides a comprehensive variety of trading and investing services. With more
than 19,000 authorised individuals, 110 branches, and 10,000 trade terminals spread across
more than 1700 cities, Angel One has a significant local presence.
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.
| Angel One | Paytm Money | |
| Year of Establishment | 1987 | 2017 |
| Number of Branches | 900 | 1 |
| Exchange | MCX, NCDEX and BSE ,NSE. | NSE, BSE |
| Broker type | Discount Broker | Discount Broker |
| Founder | Dinesh Thakkar | Vijay Shekhar Sharma |
Angel One VS Paytm Money Charges
| Angel One | Paytm Money | |
| Trade and Call Charge | Additional Rs 20 per executed order | Rs 100 |
| Brokerage Charges | Equity Rs 20 or 0.03% | F&O Rs 20 | NA |
Compare Angel One vs Paytm Money Offers
Angel One & Paytm Money Product Provided
Compare Angel One VS Paytm Money Advisory Services
Angel One vs Paytm Money Amc & Demat Accounts Charges
Angel One, renowned for its affordable brokerage fees and intuitive interfaces,
provides competitive trading and Demat account services. The Demat account has
an annual maintenance fee of ₹240, however account opening is free. 20% of the
completed order, or ₹20, is the brokerage, whichever is less. Although some
customers praise its research and advice services, there are occasionally technical
problems with the trading software.
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.
Angel One VS Paytm Money Brokerage Charges
Angel One charges no brokerage fees for stock On Delivery , and Paytm Money offers low-cost brokerage with no delivery fees and competitive rates for intraday and F&O trades.Below the table shows brokerage plan of both the platform.
Angel One vs Paytm Money Leverage (Margin)
Angel Paytm Money offers up to 20% of the trade value (5x leverage) for intraday cash
transactions, whereas One margin for intraday trading allows up to 20% of the trade value
(5x leverage) depending on the stock.The table below shows the leverage margin of both
platform ( 2024).
Angel One VS Paytm Money Features
Angel One vs Paytm Money Investment Option
- Angelone: For investment angleone offers option like : stock equity, currency, commodity, ipo, mutual fund, bond /ncd and debt . Overall Angelone offers more options than 5Paisa
- Paytm Money : For investment Paytm Money offers: stock equity, currency, commodity, ipo, mutual fund it don’t offer investment in Bond/NCD and debt type .
Also, angel one provides research report on daily market, quarterly annual research
while Paytm Money does not provide such reports.
Angel One vs Paytm Money Pros & Cons
Pros:
| Angel One | Paytm Money |
| 1)The brokerage fee is Rs 20 per trade in intraday and F&O. 2)Equity delivery trades with brokerage fees. 3)Free trading advice and research reports. 4) Securities are provided for collateral and there is a margin trading facility. 5)Don’t impose fees on NEFT or money transfers. (Some charge about Rs. 10 each 6)RM/local subbroker services available even at bargain brokerages. 7)Ability to contact RM in case of problems (Other well-known brokers). 8) Charges just Rs 20 for intraday square-off and call and trade (others charge Rs 50). Others do not provide free stock and mutual fund advice or ideas . | 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:
| Angel One | Paytm Money |
| 1)The trading of SME shares is not provided via angel broking. 2)The sales staff and Angel RM attempt to cross-sell additional goods and services. 3)There is no GTC/GTT order facility available. not available as a 3-in-1 account. | 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 |
Angel One vs Paytm Money Complaints
Data from 2024 reveals that Angel One had more customer complaints than Paytm when
comparing the two companies. In particular, Paytm received 193 complaints and resolved
170 whereas Angel One received 585 complaints and resolved 550. This shows that
Paytm Money performs better in terms of customer service than Angel One, as seen by the fact
that it has a higher complaint resolution rate and fewer complaints overall.
| Complaints | Angel One | Paytm Money |
| Total Complaints Lodged | 457 | 193 |
| % of Resolved Complaints | 82.49% | 80.30% |
| Total Complaints Resolved | 554 | 170 |
| Non Actionable Complaints | 57 | 27 |
| % of Non Actionable Complaints | 10.29% | 9.38% |
Angel One vs Paytm Money Transaction Charges
Firstly the transaction charges of Paytm Money is Flat fee of ₹ 20 or 0.05% (whichever is less)
for each executed order in Intraday Commodities, Currency, and Equities Trading , also The exchange costs for options on Paytm Money are as follows: NSE Rs 345 per crore (0.00345%) |
BSE Rs 375 per crore (0.00375%) (plus premium). while Angelone NSE Rs 5000 per Cr
(0.05%) | BSE Rs 500 per Cr (0.375%) (on premium) is the one-time transaction fee for
options. Angelone NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on
premium) is the one-time transaction fee for options. Below are both the platform charges.
ANGEL ONE VS Paytm Money REVIEW/RATING
| Ratings | Angel One | Paytm Money |
| Customer Service | ⭐⭐⭐ | ⭐⭐⭐ |
| Fees | ⭐⭐⭐ | ⭐⭐⭐⭐ |
| Brokerage | ⭐⭐⭐⭐ | ⭐⭐ |
| Trading Platform | ⭐⭐ | ⭐⭐⭐ |
| Research Capabilities | ⭐⭐⭐ | ⭐⭐ |
| Overall Ratings | ⭐⭐⭐ | ⭐⭐⭐ |
Conclusion: Angel One is well-known for providing both novice and seasoned
traders with a wealth of research tools, individualised advising services, and a robust
offline presence. Conversely, 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, while Angel One offers
extensive assistance.
Customer Care Number/Email
Angel One: (1800 1020)
Paytm Money :- 0120-3888388 / 0120-3925699
Client can contact this number for clearing their doubt.
Angel One Support Email: support@angelone.in
Email ID :- priority.kyc@paytmmoney.com
Client can contact on this email for clearing their doubt.
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