Choice Broking Vs Aditya Birla Money NRI Account Comparison
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 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
Special Offer
Zerodha (Trade with the best stock broker)
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.
Zerodha (Trade with the best stock broker)
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.
Choice Broking Vs Aditya Birla Money Charges
Choice Broking
Aditya Birla Money
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 Vs Aditya Birla Money NRI Account Brokerage Comparison
Account Type
Choice Broking NRI Trading
Aditya Birla Money
Equity Delivery
0.50%
Equity Futures
0.03%
Equity Options
₹100 per lot
Other Charges
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 Vs Aditya Birla Money NRI Account Taxes/Fees
Choice Broking
Aditya Birla Money
Securities Transaction Tax (STT)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
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 Vs Aditya Birla Money NRI Account Margin
Choice Broking Margin
Aditya Birla Money Margin
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 and Aditya Birla Money NRI Account Features
Choice Broking
Aditya Birla Money
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Choice Broking Vs Aditya Birla Money NRI Account Review
Choice Broking Review
Aditya Birla Money Review
12 Customer Reviews
29 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Choice Broking is Rated 3.5 / 5 based on 12 customer reviews
Aditya Birla Money is Rated 3.0 / 5 based on 29 customer reviews
Contact Broker / Request A Call Back
Choice Broking Enquire
Aditya Birla Money 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.
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.
Choice Broking Vs Aditya Birla Money NRI Investment Options
Choice Broking
Aditya Birla Money
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Choice Broking Vs Aditya Birla Money NRI Customer Service
Choice Broking
Aditya Birla Money
Customer Care Number
022-67079903, 9819545987
18002707000
Customer Care Email
nri@choiceindia.com
Choice Broking Vs Aditya Birla Money Order Type Offered for NRI Account
Choice Broking
Aditya Birla Money
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Choice Broking Vs Aditya Birla Money - NRI Account Advantages and Disadvantages
Choice Broking
Aditya Birla Money
Pros
Free account opening.
Advisory services with access to a wide range of research reports.
Convenient Mutual Fund investment through a mobile app or website.
Dedicated relationship manager.
Part of Aditya Birla group, a financial services conglomerate
Provides a wide range of financial services under one roof
Offers research advice and stock recommendations
Cons
Higher brokerage charges when compared to other discount brokers.
Do not offer 3-in-1 account services.
Do not provide an online account opening facility.
Doesn't offer a 3-in-1 account and separate account opening increases the paperwork.
Doesn't offer an IPO investment option.
Robo advisory facility is not available.
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
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds