Aditya Birla Money Vs Achiievers (Compare Aditya Birla Money and Achiievers)

Aditya Birla Money Vs Achiievers

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India.

	Aditya Birla Money	Achiievers
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	NSE, BSE and MCX
Year of Incorporation	1994	2012
Number of Branches	800	1
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Aditya Birla Money Vs Achiievers Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while Achiievers account opening changes is Rs 150. Aditya Birla Money Demat Account AMC Charges is Rs 436 and Achiievers Demat Account AMC Charges is Rs 400.

	Aditya Birla Money	Achiievers
Trading Account Opening Charges	Rs 750	Rs 150
Trading Account AMC Charges	Nil	Nil
Demat Account Opening Charges	Nil	Nil
Demat Account AMC Charges	Rs 436	Rs 400

Aditya Birla Money Vs Achiievers Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15.

	Aditya Birla Money	Achiievers
Account Type		Flat Fee Plan
Fixed Charges		NA
Equity Delivery	0.30%	Rs 15
Equity Intraday	0.03%	Rs 15
Equity Futures	0.03%	Rs 15
Equity Options	Rs 50 per lot	Rs 15
Currency Futures	0.03%	Rs 15
Currency Options	Rs 50 per lot	Rs 15
Commodity Futures	0.03%	Rs 15
Commodity Options	Nil
Special Offer

Aditya Birla Money Vs Achiievers Brokerage Plan 2

	Aditya Birla Money	Achiievers
Account Type		Mega Value Plan
Fixed Charges		Rs 750 (Per Segment)
Equity Delivery	0.30%	Rs 1 per executed order
Equity Intraday	0.03%	Rs 1 per executed order
Equity Futures	0.03%	Rs 1 per executed order
Equity Options	Rs 50 per lot	Rs 1 per executed order
Currency Futures	0.03%	Rs 1 per executed order
Currency Options	Rs 50 per lot	Rs 1 per executed order
Commodity Futures	0.03%	Rs 1 per executed order
Commodity Options	Nil	Rs 1 per executed order
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Aditya Birla Money Vs Achiievers Brokerage Plan 3

	Aditya Birla Money	Achiievers
Account Type		Per Day Plan
Fixed Charges		Rs 50 per day (each segment)
Equity Delivery	0.30%	Rs 1 per executed order
Equity Intraday	0.03%	Rs 1 per executed order
Equity Futures	0.03%	Rs 1 per executed order
Equity Options	Rs 50 per lot	Rs 1 per executed order
Currency Futures	0.03%	Rs 1 per executed order
Currency Options	Rs 50 per lot	Rs 1 per executed order
Commodity Futures	0.03%	Rs 1 per executed order
Commodity Options	Nil	Rs 1 per executed order
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Aditya Birla Money Charges Vs Achiievers

Minimum Brokerage	Rs 20 per executed order	Rs 15
Other Charges
Call & Trade Charges	Nil	Rs 20 per trade

Aditya Birla Money Vs Achiievers Transaction Charges

Aditya Birla Money transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Achiievers exchange transaction charges for options is Rs 7500 per Cr (0.075%).

	Aditya Birla Money	Achiievers
Equity Delivery	Rs 325 per Cr (0.00325%)	Rs 350 per Cr (0.0035%)
Equity Intraday	Rs 325 per Cr (0.00325%)	Rs 350 per Cr (0.0035%)
Equity Futures	Rs 190 per Cr (0.0019%)	Rs 390 per Cr (0.0039%)
Equity Options	Rs 5000 per Cr (0.05%) (on premium)	Rs 7500 per Cr (0.075%)
Currency Futures	Rs 110 per Cr (0.0011%)	Rs 175 per Cr (0.00175%)
Currency Options	Rs 4000 per Cr (0.04%) (on premium)	Rs 6500 per Cr (0.065%)
Commodity	MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)	MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%)
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Aditya Birla Money Vs Achiievers Leverage (Margin)

Aditya Birla Money margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Achiievers margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Aditya Birla Money	Achiievers
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Aditya Birla Money and Achiievers Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Achiievers offers NOW Online, NOW Trader trading software.

	Aditya Birla Money	Achiievers
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Etrade, Advanced web, Mobile invest	NOW Online, NOW Trader
Intraday Square-off Time	3:15	3:15 PM
Other Features	Insurance and Pension scheme available
Referral Program
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Aditya Birla Money Vs Achiievers Review

Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews whereas Achiievers is rated 4.6 of 5 based on 5 customer reviews.

	Aditya Birla Money	Achiievers
	21 Customer Reviews	5 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews	Achiievers is rated 4.6 of 5 based on 5 customer reviews

Aditya Birla Money Vs Achiievers Investment Options

	Aditya Birla Money	Achiievers
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds

Aditya Birla Money Vs Achiievers Order Type Offered

	Aditya Birla Money	Achiievers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Aditya Birla Money Vs Achiievers Research Report

	Aditya Birla Money	Achiievers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Aditya Birla Money Vs Achiievers Suitable For Investor Type

	Aditya Birla Money	Achiievers
Casual Investor
Active Investor
Trader

Aditya Birla Money Vs Achiievers - Pros and Cons

	Aditya Birla Money	Achiievers
Pros	ABM offers 2 in 1 account which is Trading cum Demat account No Call and Trade charges Fund transfer facility available from more than 11 banks ABM offers Portfolio Tracker which is one stop shop for your entire portfolio	MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX. Rs 50 per day plan and Rs 15 per trade plan is also available. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).
Cons	Doesn't offer online account opening facility Brokerage calculator is not available Doesn't have Referral program	Call and trade facility available with additional charges of Rs 20 per trade. They charge Rs 75 per month for Research recommendation on SMS.
Reviews
Promo / Offers
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