IDBI Capital Vs Aditya Birla Money NRI Account Comparison

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.

• Offers 3-in-1 accounts which makes the trading experience fast and smooth.
• Provides research and recommendation tips.
• Offers instant online account opening facility.
• Works as a custodial to settle equity derivatives trades for NRIs.
• Offers in-house mutual funds under different segments.
• After Market Order (AMO) facility.
• Equity SIP is available.

• 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

• Brokerage charges are comparatively higher than discount brokers.
• Online trading is not available to USA and Canada based NRIs.
• Offers comparatively lower interest rates on NRI savings bank account.

• 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.

IDBI is a full-service broker offering a range of investment options to NRIs. IDBI NRI 3-in-1 Account makes stock market investment simple and hassle-free. NRIs also get RM assistance and investment advice from experts. It has a network across 40+ countries to offer NRI services. The broker also works as a custodian for trade clearance and settlement which reduces the extra cost for NRIs. IDBI is recommended for NRIs who are a casual investor and prefer convenience over the trading costs.

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.