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Indiabulls Securities Vs Paytm Money Vs AxisDirect: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Indiabulls Securities Vs Paytm Money Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare indiabulls securities vs paytm money vs axisdirect on service, account opening charges and amc, compare indiabulls securities vs paytm money vs axisdirect on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on Service
- Account Opening Charges and AMC
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on Transaction Charges
- Account Features
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on Account Features
- Trading Platform
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on User Rating
- Investment Offerings
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on MTF
- API
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on API Details
- Customer Service Offered
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Indiabulls Securities vs Paytm Money vs AxisDirect on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- 100% paperless KYC process
- Transparent pricing model of Rs 20 brokerage
- Open paperless 3-in-1 account (Bank + Demat + Trading).
- One-stop shop to trade on BSE, NSE, and MCX.
- Trade in options at flat Rs. 10/order.
- No 3-in-1 account opening services.
- No 24/7 customer support.
- No 3-in-1 account opening facility.
- Does not offer Rs 0 brokerage unlimited monthly trading plans.
- 💹 Max ₹11 per Order Brokerage on Equity, F&O, Commodities & Currency
- Max Rs. 20 per order brokerage on intraday, delivery, and equity derivatives trading
- Last Updated on Sat, May 9, 2026
Data Tables
| Segment |
Indiabulls Securities |
Paytm Money |
AxisDirect |
| Trading Account Opening Fees |
Free |
Free |
Rs 999 |
| Trading AMC |
Free |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
Free |
| Demat AMC |
Rs 25 + GST per month from 1st month |
Free |
Rs 750 PA (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
Indiabulls Securities |
Paytm Money |
AxisDirect |
| Multiple Plans |
No |
No |
Yes |
| Monthly Plans |
Yes |
No |
No |
| Yearly Plans |
No |
No |
No |
|
Indiabulls Securities |
Paytm Money |
AxisDirect |
| Account Opening Request |
|
|
|
| Transaction Charges Compare |
Indiabulls Securities |
Paytm Money |
AxisDirect |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Intraday |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
| Equity Options |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
| Currency Options |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for indiabulls-securities |
Complete Brokerage Plans for paytm-money |
Complete Brokerage Plans for axisdirect |
| Account Features Compare |
Indiabulls Securities |
Paytm Money |
AxisDirect |
| 3 in 1 Account |
No |
No |
Yes |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
Yes |
No |
No |
| SMS Alerts |
Yes |
No |
Yes |
| Online Demo |
No |
No |
Yes |
| Online Portfolio |
Yes |
Yes |
Yes |
| Margin Trading Funding Available |
Yes |
No |
Yes |
| Combined Ledger for Equity and Commodity |
Yes |
No |
Yes |
| Intraday Square-off Time |
3:15PM |
3:10 PM |
2:45 PM |
| NRI Trading |
Yes |
No |
Yes |
| Other Features |
|
NIL |
NIL |
| Trading Platform Compare |
Indiabulls Securities |
Paytm Money |
AxisDirect |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
Power Indiabulls Web |
Paytm Money Web |
https://login.axisdirect.in/ |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
Indiabulls Securities App |
Paytm Money App |
AxisDirect Ring Mobile App |
| Mobile Trading App Demo |
Indiabulls Securities App |
Paytm Money App |
AxisDirect Ring Mobile App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android Indiabulls Securities App Download |
Android Paytm Money App Download |
Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
Yes |
| iOS App Download |
iOS Indiabulls Securities App Download |
iOS Paytm Money App Download |
iOS AxisDirect Ring Mobile App Download |
| Android Tablet App |
Yes |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
Yes |
| Trading Software Charges |
Free |
Rs. 30 per month |
Yes, DirectTrade – Rs 2999 PA |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for Indiabulls Securities |
Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Indiabulls Securities |
Futures Brokerage Calculator for Paytm Money |
Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator |
Option Brokerage Calculator for Indiabulls Securities |
Option Brokerage Calculator for Paytm Money |
Option Brokerage Calculator for AxisDirect |
| Detail |
Detail on Trading Platforms for Indiabulls Securities |
Detail on Trading Platforms for Paytm Money |
Detail on Trading Platforms for AxisDirect |
|
Indiabulls Securities |
Paytm Money |
AxisDirect |
|
34 Customer reviews Rate |
20 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
3.6 |
1.0 |
0.8 |
| Trading Brokerage Rating |
3.5 |
1.3 |
0.6 |
| Trading Platform Usability |
3.9 |
1.0 |
0.9 |
| Customer Service Ratings |
3.4 |
0.8 |
0.8 |
| Overall Rating |
3.6 |
0.9 |
0.7 |
| Broker Rating |
Indiabulls Securities is Rated 3.6 / 5 based on 34 customer reviews |
Paytm Money is Rated 0.9 / 5 based on 20 customer reviews |
AxisDirect is Rated 0.70 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
Indiabulls Securities |
Paytm Money |
AxisDirect |
| Equity Cash and F&O |
Yes |
Yes |
Yes |
| Currency Derivatives |
Yes |
No |
Yes |
| Commodity |
Yes |
No |
Yes |
| Online IPO Application |
Yes |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
Yes |
| Bonds / NCD |
Yes |
No |
Yes |
| ETF |
Yes |
Yes |
Yes |
| Banking |
No |
No |
Yes |
| Insurance |
No |
Yes |
Yes |
| Forex |
No |
No |
No |
| MF SIP Investment |
Yes |
Yes |
Yes |
| Equity SIP Investment |
Yes |
Yes |
Yes |
| PMS Service |
No |
No |
No |
| Other Investment Options |
Research & Advisory |
|
NIL |
| MTF Compare |
Indiabulls Securities |
Paytm Money |
AxisDirect |
| MTF Leverage |
Up to about 4x leverage |
Up to 4X buying power on 1200+ stocks |
– |
| MTF Interest Rate |
14% p.a. |
7.99% – 9.99% per annum |
– |
| MTF Segment |
Equity Delivery |
Equity Delivery |
– |
| MTF Pledge Charges |
₹20 per ISIN per pledge |
₹20 per ISIN |
– |
| MTF Unpledged Charges |
₹20 per ISIN per unpledge |
₹20 per ISIN |
– |
| Maximum MTF Funding |
– |
Up to ₹5 crore |
– |
| API Compare |
Indiabulls Securities |
Paytm Money |
AxisDirect |
| API Type |
Portfolio API Order API WebSocket API Report API Basket API ScripMaster API |
Trading API Live Market Data API |
– |
| API Charges |
Free |
Free |
– |
| Customer Service Compare |
Indiabulls Securities |
Paytm Money |
AxisDirect |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
No |
No |
Yes |
| Phone Support |
Yes |
No |
Yes |
| Toll Free Number |
No |
No |
Yes |
| Through Branches |
Yes |
No |
Yes |
| Customer Care Number |
022-61446300 |
NA |
022-61480808 |
| Account Opening Process |
Online paperless |
Online/Paperless |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://www.ibullssecurities.com/blogs-page |
https://www.paytmmoney.com/care |
https://simplehai.axisdirect.in/learn/overview |
| Head Office Address |
Indiabulls Securities HeadofficePlot no. 108, 5th Floor, IT Park, Udyog Vihar, Phase – I, Gurugram – 122016 |
Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru – 560034 |
Unit No. 2, Phoenix Market City,15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website |
https://www.ibullssecurities.com/ |
https://www.paytmmoney.com/ |
https://simplehai.axisdirect.in |
|
Indiabulls Securities |
Paytm Money |
AxisDirect |
| Research Mutual Funds |
No |
No |
Yes |
| Research Equity Reports |
Yes |
No |
Yes |
| Research ETF |
No |
No |
Yes |
| Daily Market Report |
No |
No |
Yes |
| Free Tips |
No |
No |
Yes |
| Quarterly Result Analysis |
No |
No |
Yes |
| News Alerts |
Yes |
No |
Yes |
|
Indiabulls Securities |
Paytm Money |
AxisDirect |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
29900 |
88800 |
49200 |
| Demat Account Annual Maintenance Charges(AMC) |
Rs 25/month AMC + GST |
Zero |
₹500 pa |
| Advance Deposit |
Nil |
Nil |
Nil |
| Statutory charges |
Nil |
Nil |
Nil |
| Transaction Charges on Debit (Per ISIN) |
For BSDARs. 50/- or .05% of the transaction value (whichever is Higher).For Non BSDA-within Indiabulls: ₹20/- or .02% of the transaction value (whichever is Higher). For Non BSDA-Outside Indiabulls ₹30/- or .03% of the transaction value (whichever |
₹10 per ISIN |
₹10 |
| Demat |
₹5 per certificate (Min ₹50 per request) |
₹250 per 100 shares |
₹3 per certificate |
| Remat |
₹35/- for every 100 securities/MF units or part thereof |
₹250 per 100 shares |
₹10 for every hundred securities (Min ₹10) |
| Pledge Creation |
₹35 or .02% of the transaction value (whichever is higher) |
₹32 per ISIN |
₹25 |
| Pledge Creation Confirmation |
₹35 or .02% of the transaction value (whichever is higher) |
Nil |
₹25 |
| Pledge Closure |
₹35 or .02% of the transaction value (whichever is higher) |
₹32 per ISIN |
₹25 |
| Pledge Closure Confirmation |
₹35 or .02% of the transaction value (whichever is higher) |
Nil |
₹25 |
| Pledge Invocation |
₹35 or .02% of the transaction value (whichever is higher) |
₹32 per ISIN |
Nil |
| Failed Instruction Charges |
Nil |
Nil |
Nil |
| Other Charges |
Nil |
Nil |
Nil |
|
Indiabulls Securities |
Paytm Money |
AxisDirect |
| Likes |
Investment Product Suite with access to stocks, derivatives, currencies, commodities, IPOs, mutual funds, and other products. Quick and hassle-free onboarding process via Indiabulls Securities app or website Comprehensive trading platforms with mobile app, web portal, and PIB desktop terminal Offers advanced orders like basket order, bracket order, cover order. Free API Access and IB Algo for algo trading NRI trading is available with Indiabulls Securities. Detail Review… |
100% paperless KYC process No annual maintenance charges on Demat Account Free account opening at no cost Brokerage-free investment in direct mutual funds Transparent pricing model of Rs 20 brokerage One-tap investment in IPO User-friendly platforms with ease of investment Swift and secure UPI payment Bracket order, cover order, GTT order, and OCO order Detail Review… |
Open paperless 3-in-1 account (Bank + Demat + Trading). One-stop shop to trade on BSE, NSE, and MCX. Zero Demat AMC for 1st year for Axis Bank account holders. Multiple brokerage plans for traders and investors. Trade in options at flat Rs. 10/order. Unlimited Brokerage-free options trading for the first month. Ring revolutionary app and desktop-based platforms provide an investment opportunity. Free trading tools like scanners, options strategies, advanced charting, & indicators. Get free trading calls, investment ideas, and research reports. Hassle-free investment in bonds & debenture on the “Yield” platform. AI-powered investment ideas and wealth management advisory services. Buy Now and Pay Later with E-margin. Free 20 calls per month. Detail Review… |
| Dislikes |
No 3-in-1 account opening services. No 24/7 customer support. Detail Review… |
No commodity and currency trading Does not offer NRI trading No 3-in-1 account opening facility. Does not offer Rs 0 brokerage unlimited monthly trading plans. Delivery trading is not free No trading terminal offered No branch or customer support High call & trade charge Detail Review… |
High account opening fees. It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc. It does not have a flat discount brokerage plan. Detail Review… |
| Special Offers/Promo |
Current Promotion offer from Indiabulls for InvestorGain Visitors 🆓 Free Account Opening 💹 Max ₹11 per Order Brokerage on Equity, F&O, Commodities & Currency 💰 Free Mutual Funds & IPO Investment ⚡ Trade up to 4x Margin on MTF 🚀 Open Instant Indiabulls Account Now! |
Max Rs. 20 per order brokerage on intraday, delivery, and equity derivatives trading Lifetime Zero Demat AMC A/c Free direct mutual fund investment Open Instant Paytm Money Account Now! |
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