Aditya Birla Money Vs Trustline NRI Account Comparison
The side-by-side comparison of Aditya Birla Money and Trustline NRI Account. Compare Aditya Birla Money Vs Trustline NRI Account brokerage charges, exposure margin, demat account and AMC. Read Trustline and Aditya Birla Money NRI Account reviews.
Find out Aditya Birla Money Vs Trustline which is better NRI Trading Account. See Aditya Birla Money Vs Trustline which is best NRI Demat Account.
Our Aditya Birla Money Ltd comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between Aditya Birla Money and Trustline NRI Account.
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...
Trustline Securities is a full-service broker offering trading and investment services in equity, F&O, mutual fund, FDs, and bonds to both resident and non-resident Indian investors. The broker offers customized investment solutions across wealth man...
Account Type
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.
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.
Aditya Birla Money Vs Trustline NRI Account Margin
Aditya Birla Money Margin
Trustline 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.
Aditya Birla Money and Trustline NRI Account Features
Aditya Birla Money
Trustline
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Aditya Birla Money Vs Trustline NRI Account Review
Aditya Birla Money Review
Trustline Review
29 Customer Reviews
3 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Aditya Birla Money is Rated 3.0 / 5 based on 29 customer reviews
Trustline is Rated 3.3 / 5 based on 3 customer reviews
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Aditya Birla Money Enquire
Trustline 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.
Aditya Birla Money Vs Trustline NRI Investment Options
Aditya Birla Money
Trustline
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Aditya Birla Money Vs Trustline NRI Customer Service
Aditya Birla Money
Trustline
Customer Care Number
18002707000
(0120) 4613-888
Customer Care Email
helpdesk@trustline.in
Aditya Birla Money Vs Trustline Order Type Offered for NRI Account
Aditya Birla Money
Trustline
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Aditya Birla Money Vs Trustline - NRI Account Advantages and Disadvantages
Aditya Birla Money
Trustline
Pros
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
Offers web and mobile app-based NRI trading and investment platform.
Charges lower brokerage for investing in equity and equity derivatives.
Doesn't have a minimum brokerage charge which is good for small investors.
Offers research-based fundamental and technical analysis which helps in taking a better investment decision.
Allows US and Canada based NRIs to trade and invest in the stock market through Trustline trading forms.
Trustline works as a clearing and settlement member which reduces the overall cost for investors.
Facilitates IPO bidding for resident and non-resident Indian investors.
Cons
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.
Doesn't offer a 3-in-1 account which means NRIs cannot open all the accounts at a single platform. It also means NRIs have to first transfer funds to PIS account before placing orders.
Doesn't offer Bracket Order facility.
Doesn't offer AMO (After Market Order) and GTC (Good' Till Cancelled) orders for investors.
Allows only Axis bank to open NRI bank account.
Conclusion
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.
Trustline Securities is a good choice for both casual and frequent traders. The full-service broker offers depository services and research tips for NRIs. It also allows US and Canada based NRIs after filling FATCA and FEMA declaration form. The brokerage charges are quite low as compared to other full-service brokers in India. The broker also offers good web and mobile trading platforms in addition to a dedicated mobile app for mutual fund investments. Call n Trade facility and IPO application services are other features that make Trustline a good choice as an NRI stockbroker. The only major disadvantage with the broker is that it only allows Axis Bank accounts to be linked with its trading account. So, if you have Axis NRI bank accounts then its an excellent choice else you have to transfer your bank accounts to trade with Trustline.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds