Mirae Asset Sharekhan Vs Angel One Vs Paytm Money Comparison

The comparison between Mirae Asset Sharekhan, Angel One, and Paytm Money highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Mirae Asset Sharekhan is known for its user-friendly trading experience and reliability, while Angel One stands out for offering competitive brokerage rates and an advanced mobile trading platform. Paytm Money provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 31 lakh, 3.46 crore, and 6.89 lakh users respectively, reflecting their popularity among investors. Overall, this comparison of Mirae Asset Sharekhan, Angel One, and Paytm Money helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between Mirae Asset Sharekhan, Angel One, and Paytm Money reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4 for Overall Rating, while Angel One offers 4.5 and Paytm Money features 4.

Services / FeaturesMirae Asset SharekhanAngel OnePaytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE NSE, BSE, MCX
Active Clients 31 lakh 3.46 crore 6.89 lakh
Broker Overview Mirae Asset Sharekhan Review Angel One Review Paytm Money Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between Mirae Asset Sharekhan, Angel One, and Paytm Money reveal significant differences in their offerings. Mirae Asset Sharekhan provides N/A trading and demat account opening, while Angel One offers Zero and Paytm Money features N/A.

Account Opening Charges and AMCMirae Asset SharekhanAngel OnePaytm Money
Trading Account Opening Zero
Trading AMC ₹500 per year
Demat Account Opening Zero
Demat AMC ₹ 400 ₹500 per year
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Mirae Asset Sharekhan, Angel One, and Paytm Money reveals significant differences in their offerings. Mirae Asset Sharekhan provides - plans, while Angel One offers - and Paytm Money features -.

Brokerage PlansMirae Asset SharekhanAngel OnePaytm Money
Multiple Plans - - -
Monthly Plans - - -
Yearly Plans - - -

Brokerage Charges

This comparison between Mirae Asset Sharekhan, Angel One, and Paytm Money reveals significant differences in their brokerage charges. Mirae Asset Sharekhan charges 0.30% on trade price or minimum 1 paisa per share brokerage on equity delivery and intraday, 0.02% per transaction value (each side) for futures, and ₹39 per lot (each side) for options. Angel One charges ₹20 or 0.1% brokerage on equity delivery and intraday, ₹20 for futures, and ₹20 for options. Paytm Money charges 2.5% or Rs. 20 per order brokerage on equity delivery and intraday, 0.02% or Rs. 20 per order for futures, and Rs. 20 per order for options.

Brokerage ChargesMirae Asset SharekhanAngel OnePaytm Money
Plan Name - - -
Equity Delivery 0.30% on trade price or minimum 1 paisa per share ₹20 or 0.1% 2.5% or Rs. 20 per order
Equity Intraday 0.02% on trade price or minimum 1 paisa per share ₹20 or 0.03% 0.05% or Rs. 20 per order
Equity Futures 0.02% per transaction value (each side) ₹20 0.02% or Rs. 20 per order
Equity Options ₹39 per lot (each side) ₹20 Rs. 20 per order
Currency Futures 0.02% per transaction value (each side) ₹20
Currency Options ₹5 per lot (each side) ₹20
Commodity Futures 0.10% (one side)
Commodity Options 1% on premium or ₹150, whichever is higher
Hidden Charges No No No
Call & Trade Charges NA ₹20 + GST 50 + GST
Auto Square Off Charges ₹50 per order ₹20 + GST 50 + GST
Brokerage Calculator

Transactions Charges

This comparison between Mirae Asset Sharekhan, Angel One, and Paytm Money reveals significant differences in their transactions. Mirae Asset Sharekhan provides NSE: 0.00297% | 0.00375% for Transaction Charges Equity Delivery, while Angel One offers NSE: 0.00297% BSE*: As Per The Stock Group and Paytm Money features 0.00297% for NSE | 0.00375% for BSE.

Transactions ChargesMirae Asset SharekhanAngel OnePaytm Money
Equity Delivery NSE: 0.00297% | 0.00375% NSE: 0.00297% BSE*: As Per The Stock Group 0.00297% for NSE | 0.00375% for BSE
Equity Intraday NSE: 0.00297% | 0.00375% NSE: 0.00297% BSE*: As Per The Stock Group 0.00297% for NSE | 0.00375% for BSE
Equity Futures NSE: 0.00173% NSE: 0.00173% BSE: 0 0.03503% for NSE | 0.03250% for BSE
Equity Options NSE: 0.03503% on Premium NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325% 0.00173% for NSE | 0.0% for BSE
Currency Futures NSE: 0.00035% NSE: 0.00035% BSE: 0.00045%
Currency Options NSE: 0.0311% NSE: 0.0311% BSE: 0.001%
Commodity 0.0418% MCX 0.0418% NCDEX Options 0.03%

Account Features

These are the notable distinctions in the account features of Mirae Asset Sharekhan, Angel One, and Paytm Money when compared.

Account FeaturesMirae Asset SharekhanAngel OnePaytm Money
3-in-1 Account No No No
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:20 PM Yes
NRI Trading Yes Yes Yes

Trading Platforms

The trading platforms comparison between Mirae Asset Sharekhan, Angel One, and Paytm Money reveals significant differences in their offerings. Mirae Asset Sharekhan, Angel One and Paytm Money provide web trading platforms and mobile trading platforms.

Trading PlatformsMirae Asset SharekhanAngel OnePaytm Money
Web Trading Platform Yes Yes Yes
Web Trading Detail Yes Paytm Money Web
Mobile Trading Yes Yes Yes
Mobile Trading App Yes Yes Yes
Android Mobile App Yes Yes Yes
Android App Download Yes Yes Yes
iPhone Mobile App (iOS) Yes Yes Yes
iOS App Download Yes Paytm Money
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Nil Zero Zero

Broker Ratings

The broker ratings comparison between Mirae Asset Sharekhan, Angel One, and Paytm Money reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4.3 for Fees Ratings, while Angel One offers 4.4 and Paytm Money features 4.2.

Broker RatingsMirae Asset SharekhanAngel OnePaytm Money
Fees Ratings 4.3 4.4 4.2
Trading Brokerage Rating 4.3 4.4 4.3
Trading Platform Usability 4,3 4.3 4.3
Customer Service Ratings 4.2 4.4 4.2
Overall Ratings 4.3 4.4 4.3

Investment Offerings

This comparison between Mirae Asset Sharekhan, Angel One, and Paytm Money reveals significant differences in their investment offerings. Mirae Asset Sharekhan provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Angel One provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Paytm Money provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment OfferingsMirae Asset SharekhanAngel OnePaytm Money
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex Yes Yes No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes Yes
Other Investment Options Yes Yes Yes

Customer Support Offered

This comparison between Mirae Asset Sharekhan, Angel One, and Paytm Money reveals significant differences in their customer support offerings. Mirae Asset Sharekhan provides Yes Customer Service, while Angel One offers Yes and Paytm Money features N/A.

Customer Support OfferedMirae Asset SharekhanAngel OnePaytm Money
24/7 Customer Service Yes Yes
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number
Through Branches Yes
Customer Care Number 02241683500 18001020 022-64891010
Account Opening Process Online/Paperless Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://www.sharekhan.com/learn-and-grow https://www.angelone.in/knowledge-center
Head Office Address

Sharekhan Limited, 1st Floor, Tower No. 3,

Equinox Business Park, LBS Marg, Off BKC,

Kurla (West), Mumbai 400 070, Maharashtra, India.

601, 6th Floor, Ackruti Star,

Central Road, MIDC,

Andheri East, Mumbai – 400093

THE HUB, 3RD FLOOR, SY No 8 & 8/2 Ambalipura Village,

Varthur Hobli Sarjapura Main Road
Bangalore, Karnataka -560103

Website https://www.sharekhan.com/ https://www.angelone.in/ https://www.paytmmoney.com/

Research and Reports

The research and reports comparison between Mirae Asset Sharekhan, Angel One, and Paytm Money reveals significant differences in their offerings.

Research and ReportsMirae Asset SharekhanAngel OnePaytm Money
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips No No No
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes

Demat Account Charges

This comparison between Mirae Asset Sharekhan, Angel One, and Paytm Money reveals significant differences in their demat account charges. Mirae Asset Sharekhan provides NSDL & CDSL for DP Source, while Angel One offers CDSL and Paytm Money features CDSL.

Demat Account ChargesMirae Asset SharekhanAngel OnePaytm Money
DP Source NSDL & CDSL CDSL CDSL
DP ID NSDL - 300513 | CDSL - 12036000 384-2018 12088800
Demat Account Annual Maintenance Charges (AMC) ₹ 400 ₹2950 Lifetime AMC
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN)
Demat ₹ 5 per share certificate (minimum ₹ 50 per request)
Remat ₹ 50 per certificate or ₹ 50 for every hundred securities
Pledge Creation ₹ 20 per transaction ₹20 + GST ₹15 + GST
Pledge Creation Confirmation NA Yes ₹15 + GST
Pledge Closure ₹ 20 per transaction ₹20 + GST ₹15 + GST
Pledge Closure Confirmation NA Yes ₹15 + GST
Pledge Invocation ₹ 20 per transaction ₹20 + GST ₹15 + GST
Failed Instruction Charges - NA
Other Charges - NA

Advantages and Disadvantages

BrokerProsCons
Mirae Asset Sharekhan
  • Established brand/reputation
  • Wide range of products & services
  • Strong research & advisory support
  • Free fund-transfer/call & trade facility
  • Advanced trading platform
  • Higher brokerage & fee structure
  • Minimum brokerage cost is a disadvantage for small trades
  • Platform complexity & beginner-unfriendly aspects
  • Customer support/service issues
Angel One
  • User-friendly mobile and web trading platforms
  • Wide range of investment options
  • ARQ Prime offers AI-based investment recommendations
  • Strong research reports and advisory support
  • Reliable customer service
  • Limited advanced tools for professional traders
  • Call & trade facility involves extra charges
  • Margin Funding without explicit notice
  • Lack of GTC/GTT for all orders
Paytm Money
  • Low cost/transparent pricing
  • User-friendly and digital onboarding
  • Good for beginners/passive investors
  • Diverse product offerings for investors
  • Limited advanced trading features
  • Customer Support Can Be Slow
  • No Access to International Markets
  • Limited Advanced Charting & Tools
  • Limited Product Portfolio

Frequently Asked Questions

The account opening charges vary significantly: Mirae Asset Sharekhan charges Not specified, Angel One charges Zero, and Paytm Money charges Not specified. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.

Brokerage charges differ across platforms: Mirae Asset Sharekhan offers 0.02% on trade price or minimum 1 paisa per share for equity intraday, Angel One provides ₹20 or 0.03%, and Paytm Money charges 0.05% or Rs. 20 per order. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.

All three brokers provide diverse investment opportunities: Mirae Asset Sharekhan offers 4, Angel One provides 4, and Paytm Money features 4. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.

Customer support quality varies: Mirae Asset Sharekhan has 4 support, Angel One offers 4, and Paytm Money provides 4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.

Platform usability ratings show: Mirae Asset Sharekhan with 4,3, Angel One with 4.3, and Paytm Money with 4.3. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.

Yes, mutual fund and stock investing is available across all platforms: Mirae Asset Sharekhan (Yes), Angel One (Yes), and Paytm Money (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.

For beginners, the choice depends on specific needs: Mirae Asset Sharekhan offers user-friendly platforms with educational resources, Angel One provides competitive pricing with intuitive interfaces, and Paytm Money combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.

All three brokers offer robust mobile trading apps with different strengths: Mirae Asset Sharekhan focuses on intuitive design and quick execution, Angel One emphasizes advanced charting and analysis tools, while Paytm Money balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.

Stock Broker Review

Save your Brokerage Now! Open Free Demat Account
Scroll to Top