Independent. No broker pays us, and every number comes from a published source.

Broker comparison

Angel One vs Paytm Money (2026): Brokerage, API, AMC & Execution Compared

Side-by-side comparison of Angel One and Paytm Money from published official pricing and features — no affiliation with either broker.

By the Indian Broker Test editorial desk · Published 8 July 2026 · Data last reviewed 14 November 2026 · Independent

  • 0 – 0Cheaper on example trades (Angel One – Paytm Money)
  • 6 – 3Published features (of 9)
Angel One vs Paytm Money — published pricing and features (official sources at last review)
Metric Angel One Paytm Money
Delivery brokerage ₹20 or 0.1% per order (whichever is lower), minimum ₹5 ₹20 per order (accounts opened on or after 25 Aug 2023)
Intraday brokerage ₹20 or 0.1% per order (whichever is lower), minimum ₹5 ₹20 per order (flat)
F&O brokerage ₹20 per order (flat) ₹20 per order (flat)
AMC Free first year, then ₹60 + GST per quarter (non-BSDA) ₹0 demat AMC (per official site)
Account opening Free (online) See official pricing page
Trading API SmartAPI — Free (per official SmartAPI page) Paytm Money API
Reported execution speed ≈ 95 ms (median) Not Disclosed
Algo support Yes - free SmartAPI with multi-language SDKs Yes - via trading API
Platforms Angel One app, Angel One web, SpeedPro Paytm Money app, Paytm Money web
Best for (published) Traders who want flat-fee pricing plus research, or a free multi-language API. Paytm users who want investing and broking inside one ecosystem.

Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.

Cost face-off: what real trades cost

Total charges per round trip, brokerage + all statutory charges (NSE)
TradeAngel OnePaytm MoneyCheaper
Intraday: ₹1 lakh buy & sell ₹82.97 ₹82.97 Tie
Delivery: ₹50,000 buy & sell ₹178.98 ₹178.98 Tie
Options: premium ₹100 × 75 ₹66.43 ₹66.43 Tie
Futures: ₹24,000 × 75 ₹1,067.15 ₹1,067.15 Tie

Illustrative quantities. Try your own trade in the compare-all brokerage calculator.

Feature check

FeatureAngel OnePaytm Money
Free delivery––
Zero AMC–✓
Free API✓–
TradingView––
MCX commodity✓–
Mutual funds✓✓
IPO✓✓
Research desk✓–
Published speed✓–

What the published data shows

Angel One publishes an execution-speed figure; Paytm Money does not on verifiable sources.

Tools & profiles

Related comparisons

Frequently asked questions

Angel One vs Paytm Money: which has lower delivery brokerage?

At our last review, Angel One published delivery brokerage as "₹20 or 0.1% per order (whichever is lower), minimum ₹5" and Paytm Money as "₹20 per order (accounts opened on or after 25 Aug 2023)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Does Angel One or Paytm Money have a trading API?

Both have documented APIs at review time: Angel One (SmartAPI), Paytm Money (Paytm Money API). Compare pricing and rate limits on each broker's developer page.

Which is faster — Angel One or Paytm Money?

Angel One publishes ≈ 95 ms (median). Paytm Money has no verifiable execution-speed figure we could cite.

Is Angel One cheaper than Paytm Money?

On our four example trades (intraday, delivery, options and futures), Angel One is cheaper on 0, Paytm Money on 0, and 4 are tied. Statutory charges are identical, so any difference comes from brokerage.

Are these comparisons independent?

Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.

Sources

  1. Angel One - official website - https://www.angelone.in
  2. Angel One - official pricing - https://www.angelone.in/pricing
  3. Paytm Money - official website - https://www.paytmmoney.com
  4. Paytm Money - official pricing - https://www.paytmmoney.com/stocks/pricing