Aditya Birla Money Vs Alice Blue (Compare Aditya Birla Money and Alice Blue)
The side-by-side comparison of Aditya Birla Money and Alice Blue. Compare Aditya Birla Money Vs Alice Blue brokerage, charges, exposure margin, demat account. Read Alice Blue and Aditya Birla Money review.
Find out Aditya Birla Money Vs Alice Blue which is better and Aditya Birla Money Vs Alice Blue which is best.
Our Aditya Birla Money Ltd comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Aditya Birla Money and Alice Blue.
Aditya Birla Money Vs Alice Blue
Aditya Birla Money
Alice Blue
Find more info about broker
About the Broker
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and i...
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.
AliceBlue o...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
F20
Broker Enquiry
Year of Incorporation
1994
Number of Branches
800
Enquire Aditya Birla Money
Enquire Alice Blue
Aditya Birla Money Vs Alice Blue Charges
Aditya Birla Money
Alice Blue
Trading Account Opening Fees
₹750
Equity ₹310 | MCX ₹200 | ₹500 All segments
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
₹436
₹400
Demat Account is Mandatory?
No
No
Aditya Birla Money Vs Alice Blue Brokerage
Brokerage Plan 2
Aditya Birla Money
Alice Blue
Account Type
Traditional Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
0.1%
Equity Intraday Brokerage
0.03%
0.01%
Equity Futures Brokerage
0.03%
0.01%
Equity Options Brokerage
₹50 per lot
0.01%
Currency Futures Trading Brokerage
0.03%
0.01%
Currency Options Trading Brokerage
₹50 per lot
0.01%
Commodity Futures Trading Brokerage
0.03%
0.01%
Commodity Options Trading Brokerage
Nil
0.01%
Other Charges
Minimum Brokerage Charges
₹20 per executed order
₹0
Other Brokerage Charges
Call & Trade Charges
Nil
₹20 per executed order
Aditya Birla Money Vs Alice Blue Taxes
Aditya Birla Money
Alice Blue
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Aditya Birla Money Vs Alice Blue Transaction Charges
Aditya Birla Money
Alice Blue
Equity Delivery
₹325 per Cr (0.00325%)
NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Intraday
₹325 per Cr (0.00325%)
NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Futures
₹190 per Cr (0.0019%)
NSE ₹210 per Cr (0.0021%) | BSE ₹1 per trade (each side)
Equity Options
₹5000 per Cr (0.05%) (on premium)
NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side)
Currency Futures
₹110 per Cr (0.0011%)
NSE ₹135 per Cr (0.00135%)
Currency Options
₹4000 per Cr (0.04%) (on premium)
NSE ₹4400 per Cr (0.044%) (on premium)
Commodity
MCX - ₹300 per Cr (0.003%) | NCDEX - ₹400 per Cr (0.004%)
Non-Agri ₹360 per Cr (0.0036%) | Agri ₹275 per Cr (0.00275%)
Aditya Birla Money Vs Alice Blue Exposure Margin
Aditya Birla Money
Alice Blue
Equity Delivery
Upto 5x with interest
Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Intraday
15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product
Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Futures
Upto 3x
Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity Options
Nil
Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency Futures
3x
Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency Options
Nil
Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity Futures
4x
Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity Options
Aditya Birla Money and Alice Blue Feature Comparison
Aditya Birla Money
Alice Blue
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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
Aditya Birla Money Vs Alice Blue Review
Aditya Birla Money
Alice Blue
12 Customer Reviews
20 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Aditya Birla Money is Rated 2.6 / 5 based on 12 customer reviews Alice Blue is Rated 4.3 / 5 based on 20 customer reviews
Aditya Birla Money Vs Alice Blue Investment Options
Aditya Birla Money
Alice Blue
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Mutual Funds
Aditya Birla Money Vs Alice Blue Customer Service
Aditya Birla Money
Alice Blue
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
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
More Advantages...
Discount stock broker.
Most advance trading platform.
Free equity delivery trades. No brokerage.
01% or ₹20 whichever is less brokerage for intraday and F&O.
Up to 20x margin in equity intraday.
Demat AMC is free for lifetime for all customers.
More Advantages...
Cons
Doesn't offer online account opening facility
Brokerage calculator is not available
Doesn't have Referral program
More Disadvantages...
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 ₹20 per order.
More Disadvantages...
Reviews
Promo / Offers
Free Equity Delivery Trade + Lifetime FREE AMC Demat Account
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition, get Lifetime Zero AMC Demat Account with no additional cost. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.
Zerodha
Zero Account Opening Fee