Aditya Birla Money Vs Alice Blue (Compare Aditya Birla Money and Alice Blue)

Aditya Birla Money Vs Alice Blue

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 , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Aditya Birla Money	Alice Blue
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	1994
Number of Branches	800
	Enquire Aditya Birla Money	Open Alice Blue Account

Aditya Birla Money Vs Alice Blue Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while Alice Blue account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Alice Blue Demat Account AMC Charges is Rs 400.

	Aditya Birla Money	Alice Blue
Trading Account Opening Charges	Rs 750	Rs 0 (Free)
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 0
Demat Account AMC Charges	Rs 436	Rs 400

Aditya Birla Money Vs Alice Blue Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% whichever is lower.

	Aditya Birla Money	Alice Blue
Account Type		Freedom 15
Fixed Charges
Equity Delivery	0.30%	Rs 0 (Free)
Equity Intraday	0.03%	Rs 15 per order or 0.01% whichever is lower
Equity Futures	0.03%	Rs 15 per order or 0.01% whichever is lower
Equity Options	Rs 50 per lot	Rs 15 per order
Currency Futures	0.03%	Rs 15 per order or 0.01% whichever is lower
Currency Options	Rs 50 per lot	Rs 15 per order
Commodity Futures	0.03%	Rs 15 per order or 0.01% whichever is lower
Commodity Options	Nil	Rs 15 per order
Special Offer		Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.

Aditya Birla Money Charges Vs Alice Blue

Minimum Brokerage	Rs 20 per executed order	Rs 0
Other Charges
Call & Trade Charges	Nil	Rs 20 per executed order

Aditya Birla Money Vs Alice Blue Transaction Charges

Aditya Birla Money transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).

	Aditya Birla Money	Alice Blue
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Futures	Rs 190 per Cr (0.0019%)	NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)
Equity Options	Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)
Currency Futures	Rs 110 per Cr (0.0011%)	NSE Rs 135 per Cr (0.00135%)
Currency Options	Rs 4000 per Cr (0.04%) (on premium)	NSE Rs 4400 per Cr (0.044%) (on premium)
Commodity	MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)	Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
	Enquire Aditya Birla Money	Open Alice Blue Account

Aditya Birla Money Vs Alice Blue 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 Alice Blue 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	Alice Blue
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)
	Enquire Aditya Birla Money	Open Alice Blue Account

Compare Aditya Birla Money and Alice Blue Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

	Aditya Birla Money	Alice Blue
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	Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time	3:15	Equity: 3:15PM
Other Features	Insurance and Pension scheme available
Referral Program
	Enquire Aditya Birla Money	Open Alice Blue Account

Aditya Birla Money Vs Alice Blue Review

Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 32 customer reviews.

	Aditya Birla Money	Alice Blue
	21 Customer Reviews	32 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	Alice Blue is rated 3.4 of 5 based on 32 customer reviews

Aditya Birla Money Vs Alice Blue Investment Options

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

Aditya Birla Money Vs Alice Blue Order Type Offered

	Aditya Birla Money	Alice Blue
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Aditya Birla Money	Open Alice Blue Account

Aditya Birla Money Vs Alice Blue Research Report

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

Aditya Birla Money Vs Alice Blue Suitable For Investor Type

	Aditya Birla Money	Alice Blue
Casual Investor
Active Investor
Trader

Aditya Birla Money Vs Alice Blue - Pros and Cons

	Aditya Birla Money	Alice Blue
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	Discount stock broker. Most advance trading platform. Free equity delivery trades. No brokerage. Flat Rs 15 brokerage for intraday and F&O.
Cons	Doesn't offer online account opening facility Brokerage calculator is not available Doesn't have Referral program	Online Mutual Fund investment is not available. Margin funding is not available. Good Till Cancelled (GTC) orders not available. Call & Trade is available with additional cost of Rs 20 per order.
Reviews
Promo / Offers		Free Equity Delivery Trade + FREE Account Opening Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open FREE Instant Account online with Alice Blue and start trading today.
	Enquire Aditya Birla Money	Open Alice Blue Account