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Aditya Birla Money Vs Upstox (Compare Aditya Birla Money and Upstox)

Aditya Birla Money Ltd Logo

About Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp... Know more about Aditya Birla Money Ltd

Upstox Logo

About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

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Aditya Birla Money Vs Upstox

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

  Aditya Birla Money Upstox
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1994 2012
Number of Branches 800 4
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Aditya Birla Money Vs Upstox Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while Upstox account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Upstox Demat Account AMC Charges is Rs 150.

  Aditya Birla Money Upstox
Trading Account Opening Charges Rs 750 Rs 0 (Free)
Trading Account AMC Charges Nil Rs 0 (Free)
Demat Account Opening Charges Nil Rs 0 (Free)
Demat Account AMC Charges Rs 436 Rs 150

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Aditya Birla Money Vs Upstox Brokerage

Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type Aditya Birla Money Trade20 Upstox Default
Fixed Charges NA
Equity Delivery 20 Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 20 Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 20 Rs 20 per executed order or 0.05% whichever is lower
Equity Options 20 Rs 20 per executed order
Currency Futures 20 Rs 20 per executed order or 0.05% whichever is lower
Currency Options 20 Rs 20 per executed order
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 20 per executed order
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Aditya Birla Money Vs Upstox Brokerage Plan 2

  Aditya Birla Money Upstox
Account Type Trade15 (Subscription Rs 999) Default
Fixed Charges NA
Equity Delivery 15 Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 15 Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 15 Rs 20 per executed order or 0.05% whichever is lower
Equity Options 15 Rs 20 per executed order
Currency Futures 15 Rs 20 per executed order or 0.05% whichever is lower
Currency Options 15 Rs 20 per executed order
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 20 per executed order
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Aditya Birla Money Vs Upstox Brokerage Plan 3

  Aditya Birla Money Upstox
Account Type Trade10 (Subscription Rs 2499) Default
Fixed Charges NA
Equity Delivery 10 Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 10 Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 10 Rs 20 per executed order or 0.05% whichever is lower
Equity Options 10 Rs 20 per executed order
Currency Futures 10 Rs 20 per executed order or 0.05% whichever is lower
Currency Options 10 Rs 20 per executed order
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 20 per executed order
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Aditya Birla Money Charges Vs Upstox

Minimum Brokerage Rs 20 per executed order 0.05%
Other Charges Auto Square-off Charges: Rs 50
Call & Trade Charges Nil Rs 20 per trade

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Aditya Birla Money Vs Upstox Transaction Charges

Aditya Birla Money transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Upstox exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

  Aditya Birla Money Upstox
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%) Group A - Rs 290 per Cr (0.0029%)
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Aditya Birla Money Vs Upstox Leverage (Margin)

Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Aditya Birla Money Upstox
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Aditya Birla Money and Upstox Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

  Aditya Birla Money Upstox
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes
Trading Platform Etrade, Advanced web, Mobile invest Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:15 3:00 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features Insurance and Pension scheme available Option strategy builder
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Aditya Birla Money Vs Upstox Review

Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews whereas Upstox is rated 2.4 of 5 based on 142 customer reviews.

  Aditya Birla Money Upstox
  30 Customer Reviews    Rate Aditya Birla Money 142 Customer Reviews    Rate Upstox
Fees 3.2 3.4
Brokerage 3.2 3.4
Trading Platform 3.3 2.6
Customer Service 2.9 2.3
Research Capabilities 3.7 2.2
Overall Ratings Rated 3.0 stars Rated 2.4 stars
Broker Rating Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews Upstox is rated 2.4 of 5 based on 142 customer reviews

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Contact Broker / Request A Call Back

  Aditya Birla Money Enquire Upstox Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

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Aditya Birla Money Vs Upstox Investment Options

  Aditya Birla Money Upstox
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Mutual Funds

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Aditya Birla Money Vs Upstox Order Type Offered

  Aditya Birla Money Upstox
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
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Aditya Birla Money Vs Upstox Research Report

  Aditya Birla Money Upstox
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Aditya Birla Money Vs Upstox Suitable For Investor Type

  Aditya Birla Money Upstox
Casual Investor Yes Yes
Active Investor Yes
Trader Yes

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Aditya Birla Money Vs Upstox - Pros and Cons

  Aditya Birla Money Upstox
Pros
  1. ABM offers 2 in 1 account which is Trading cum Demat account
  2. No Call and Trade charges
  3. Fund transfer facility available from more than 11 banks
  4. ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
  • Zero account opening fee.
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments including equity delivery.
  • Offer direct mutual funds.
  • One app for trading in equity, currency, and commodity.
  • Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
  • Good-Till-Triggered (GTT) orders are available.
Cons
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
  • Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer margin funding for delivery trades.
  • Doesn't offer stock tips or recommendations.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer 24/7 customer support.
  • Doesn't offer API access for automated trading.
  • Doesn't offer NRI Trading and Demat account.
  • Doesn't offer BTST
  • Doesn't offer digital gold.
  • Call-and-trade fee is Rs 20 per executed order extra.
  • Automatic settlement charges an additional Rs 50 per executed order.
  • Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Upstox Special Offer

Exclusive offer by Upstox

  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.

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