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The side-by-side comparison of Choice Broking and Aditya Birla Money NRI Account. Compare Choice Broking Vs Aditya Birla Money NRI Account brokerage charges, exposure margin, demat account and AMC. Read Aditya Birla Money and Choice Broking NRI Account reviews.
Find out Choice Broking Vs Aditya Birla Money which is better NRI Trading Account. See Choice Broking Vs Aditya Birla Money which is best NRI Demat Account.
Our Choice Equity Broking Private Limited comparison with Aditya Birla Money Ltd highlights the major differences between two brokers. Find the best between Choice Broking and Aditya Birla Money NRI Account.
| Choice Broking | Aditya Birla Money | |
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| About the Broker | Choice Broking is a full-service broker offering online trading and advisory services to NRIs (except for those residing in the USA and Canada). It offers 2-in-1 accounts, combining Demat and trading accounts, to NRIs. The 2-in-1 account enables NR...  |
Aditya Birla Capital Limited (ABCL) is a well-known financial services company offering trading, insurance, and mutual funds, etc. to non-resident Indians. Aditya Birla Money Ltd (ABML), a subsidiary of Aditya Birla Capital, offers stock broking serv... |
| Account Type | NRI Trading | |
| Broker Enquiry |
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| Choice Broking | Aditya Birla Money | |
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| NRI Account Opening Fees | ₹0 | ₹750 |
| NRI Account AMC | ₹0 | ₹450 |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Nil |
| NRI Demat Account AMC | Rs 200 or as per plan. (1st year AMC free) | Rs 436 |
| PIS Account AMC | NA | |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Choice Broking | Aditya Birla Money | |
|---|---|---|
| Account Type | NRI Trading | |
| Equity Delivery | 0.50% | |
| Equity Futures | 0.03% | |
| Equity Options | ₹100 per lot |
| Contract Note Reporting Charges | NA | ₹25 for BSE | ₹50 for NSE |
| Other Brokerage Charges | Demat Account AMC - ₹200 per year | |
| TDS Charges on Long Term Gain (Holding > 365 Days) | 11.96% | 11.96% |
| TDS Charges on Short Term Gain (Holding <= 365 Days) | 17.94% | 17.94% |
| Choice Broking | Aditya Birla Money | |
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| Securities Transaction Tax (STT) |
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| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. |
| Choice Broking | Aditya Birla Money | |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.
| Choice Broking | Aditya Birla Money | |
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| Choice Broking | Aditya Birla Money | |
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7 Customer Reviews  |
23 Customer Reviews |
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| Broker Rating | Choice Broking is Rated 4.1 / 5 based on 7 customer reviews | Aditya Birla Money is Rated 2.8 / 5 based on 23 customer reviews |
| Choice Broking | Aditya Birla Money | |
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| Contact Broker |
| Choice Broking | Aditya Birla Money | |
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| Choice Broking | Aditya Birla Money | |
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| Customer Care Number | 022-67079903, 9819545987 | 18002707000 |
| Customer Care Email | nri@choiceindia.com |
| Choice Broking | Aditya Birla Money | |
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| Choice Broking | Aditya Birla Money | |
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Conclusion |
Choice Broking is a SEBI registered full-service broker offering trading and advisory services with a 2-in-1 account facility to the NRIs. The company offers online trading platforms to NRI for stock markets and mutual fund investments. Being a full-service broker, the brokerage charges are slightly on the higher side making it a costly broker for the NRIs. The company has a dedicated research team that provides insights on the economy and the markets along with a wide range of research reports to its clients based on its fundamental and technical analyses. |
Aditya Birla Capital is a well-known name when it comes to financial services. However, when it comes to trading & investment services for NRIs it doesn't measure up to its reputation. The company doesn't have a major USP for NRIs. It doesn't offer 3-in-1 accounts. The choices in trading platforms are limited. There are many better options available in the market. |
Promo / Offers |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Contact Choice Broking
