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.
| Metric | Angel One | Paytm Money |
|---|---|---|
| Delivery brokerage | ₹20 or 0.1% per order (whichever is lower; see official pricing for current schedule) | ₹20 per order - see official pricing for current schedule |
| Intraday brokerage | ₹20 or 0.03% per order (whichever is lower) | ₹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 (₹300 per year platform fee applies) |
| Account opening | Free (online) | See official pricing page |
| Trading API | SmartAPI — Free (per official SmartAPI page) | Paytm Money API — See official developer page |
| 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.
What the published data shows
Angel One publishes an execution-speed figure; Paytm Money does not on verifiable sources.
Tools & profiles
- Angel One full profile
- Paytm Money full profile
- Angel One brokerage calculator
- Paytm Money brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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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; see official pricing for current schedule)" and Paytm Money as "₹20 per order - see official pricing for current schedule". 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.
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
- Angel One - official website - https://www.angelone.in
- Angel One - official pricing - https://www.angelone.in/pricing
- Paytm Money - official website - https://www.paytmmoney.com
- Paytm Money - official pricing - https://www.paytmmoney.com/pricing