IIFL Securities Vs Aditya Birla Money NRI Account Comparison
The side-by-side comparison of IIFL Securities and Aditya Birla Money NRI Account. Compare IIFL Securities Vs Aditya Birla Money NRI Account brokerage charges, exposure margin, demat account and AMC. Read Aditya Birla Money and IIFL Securities NRI Account reviews.
Find out IIFL Securities Vs Aditya Birla Money which is better NRI Trading Account. See IIFL Securities Vs Aditya Birla Money which is best NRI Demat Account.
Our IIFL Securities Ltd comparison with Aditya Birla Money Ltd highlights the major differences between two brokers. Find the best between IIFL Securities and Aditya Birla Money NRI Account.
IIFL Securities is a full-service broker offering online trading services to NRIs. It offers 2-in-1 accounts, combining demat and trading accounts, to NRIs. The 2-in-1 account enables trading across stocks, equity derivatives and investments in Mutua...
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 Account
Special Offer
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
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.
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.
IIFL Securities Vs Aditya Birla Money NRI Account Margin
IIFL Securities 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.
IIFL Securities and Aditya Birla Money NRI Account Features
Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL 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.
IIFL Securities Vs Aditya Birla Money NRI Investment Options
IIFL Securities
Aditya Birla Money
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
IIFL Securities Vs Aditya Birla Money NRI Customer Service
IIFL Securities Vs Aditya Birla Money Order Type Offered for NRI Account
IIFL Securities
Aditya Birla Money
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
IIFL Securities Vs Aditya Birla Money - NRI Account Advantages and Disadvantages
IIFL Securities
Aditya Birla Money
Pros
Full-service broker with a dedicated relationship manager, research reports and a wide range of products & services.
Online account opening process for NRIs.
Convenient Mutual Fund investment through a mobile app or website.
Part of IIFL Group, a financial services conglomerate.
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
Charges high brokerage as compared to discount brokers such as Zerodha and ProStocks.
Doesn't offer an NRI 3-in-1 account. NRIs have to open an NRI bank account and custodian account on their own.
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
IIFL is a reputed full-service broker. It offers NRI Trading & Demat account facility for NRIs. IIFL also offers an online mutual fund platform to NRIs. IIFL Securities has a dedicated research team that provides insights on the economy and markets to its customers. The company has its offices in multiple locations across the globe that allows NRIs to avail branch services. The brokerage charges are on the higher side which makes it an expensive broker for NRIs.
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
IIFL Securities Special Offer
Flat Rs 20 Per Trade Brokerage + Free Account Opening
Flat Rs 20 per trade brokerage for delivery, intraday and F&O +