Aditya Birla Money Vs AxisDirect (Compare Aditya Birla Money and AxisDirect)
The side-by-side comparison of Aditya Birla Money and AxisDirect. Compare Aditya Birla Money Vs AxisDirect brokerage, charges, exposure margin, demat account. Read AxisDirect and Aditya Birla Money review.
Find out Aditya Birla Money Vs AxisDirect which is better and Aditya Birla Money Vs AxisDirect which is best.
Our Aditya Birla Money Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between Aditya Birla Money and AxisDirect.
Aditya Birla Money Vs AxisDirect
Aditya Birla Money
AxisDirect
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 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDir...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Trade@20 (SA75000)
Broker Enquiry
Year of Incorporation
1994
2006
Number of Branches
800
56
Enquire Aditya Birla Money
Enquire AxisDirect
Aditya Birla Money Vs AxisDirect Charges
Aditya Birla Money
AxisDirect
Trading Account Opening Fees
₹750
₹900
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
₹436
₹650
Demat Account is Mandatory?
No
No
Aditya Birla Money Vs AxisDirect Brokerage
Brokerage Plan 1
Aditya Birla Money
AxisDirect
Account Type
Trade@20 (SA75000)
Fixed Charges
Equity Delivery Brokerage
0.30%
₹20 per executed order
Equity Intraday Brokerage
0.03%
₹20 per executed order
Equity Futures Brokerage
0.03%
₹20 per executed order
Equity Options Brokerage
₹50 per lot
₹20 per executed order
Currency Futures Trading Brokerage
0.03%
NA
Currency Options Trading Brokerage
₹50 per lot
NA
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
Nil
NA
Brokerage Plan 2
Aditya Birla Money
AxisDirect
Account Type
Fixed Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
0.50% (Each Leg)
Equity Intraday Brokerage
0.03%
0.05% (Each Leg)
Equity Futures Brokerage
0.03%
0.05% (Each Leg)
Equity Options Brokerage
₹50 per lot
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage
0.03%
0.05% (Each Leg)
Currency Options Trading Brokerage
₹50 per lot
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage
0.03%
0.03% (Each Leg)
Commodity Options Trading Brokerage
Nil
₹50 per lot
Other Charges
Minimum Brokerage Charges
₹20 per executed order
₹20 per trade
Other Brokerage Charges
Call & Trade Charges
Nil
₹20 per call
Aditya Birla Money Vs AxisDirect Taxes
Aditya Birla Money
AxisDirect
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 AxisDirect Transaction Charges
Aditya Birla Money
AxisDirect
Equity Delivery
₹325 per Cr (0.00325%)
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday
₹325 per Cr (0.00325%)
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures
₹190 per Cr (0.0019%)
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options
₹5000 per Cr (0.05%) (on premium)
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures
₹110 per Cr (0.0011%)
₹190 per Cr (0.0019%)
Currency Options
₹4000 per Cr (0.04%) (on premium)
₹5000 per Cr (0.05%) (on premium)
Commodity
MCX - ₹300 per Cr (0.003%) | NCDEX - ₹400 per Cr (0.004%)
Aditya Birla Money Vs AxisDirect Exposure Margin
Aditya Birla Money
AxisDirect
Equity Delivery
Upto 5x with interest
100% (1x)
Equity Intraday
15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product
Upto 10x
Equity Futures
Upto 3x
100% (1x)
Equity Options
Nil
100% (1x)
Currency Futures
3x
100% (1x)
Currency Options
Nil
100% (1x)
Commodity Futures
4x
3x
Commodity Options
100% (1x)
Aditya Birla Money and AxisDirect Feature Comparison
Aditya Birla Money
AxisDirect
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
DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time
3:15
3:15
Other Features
Insurance and Pension scheme available
Referral Program
Aditya Birla Money Vs AxisDirect Review
Aditya Birla Money
AxisDirect
11 Customer Reviews
51 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Aditya Birla Money is Rated 2.4 / 5 based on 11 customer reviews AxisDirect is Rated 2.2 / 5 based on 51 customer reviews
Aditya Birla Money Vs AxisDirect Investment Options
Aditya Birla Money
AxisDirect
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Mutual Funds
Loans, ETF, Corporate FD
Aditya Birla Money Vs AxisDirect Customer Service
Aditya Birla Money
AxisDirect
24/7 Customer Service
Onine Live Chat
Through Branches
Aditya Birla Money Vs AxisDirect Order Type Offered
Aditya Birla Money
AxisDirect
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 AxisDirect Research Report
Aditya Birla Money
AxisDirect
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Aditya Birla Money Vs AxisDirect Suitable For Investor Type
Aditya Birla Money
AxisDirect
Casual Investor
Active Investor
Trader
Aditya Birla Money Vs AxisDirect - Advantages and Disadvantages
Aditya Birla Money
AxisDirect
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...
Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
Offers 3-in-1 investment account
Free research reports
Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
More Advantages...
Cons
Doesn't offer online account opening facility
Brokerage calculator is not available
Doesn't have Referral program
More Disadvantages...
Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
Charges ₹250 per month fee if you are not an axis bank customer.
Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
Higher commodity and currency trading brokerage.
Call & Trade is charged ₹20 extra per trade
More Disadvantages...
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