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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.

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Aditya Birla Money Vs AxisDirect

  Aditya Birla Money Ltd Axis Securities
 
Aditya Birla Money Ltd Logo Axis Securities Logo
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... Know more about Aditya Birla Money Ltd Incorporated in 2005, Axis Securities is a subsidiary company of Axis Bank Ltd. Company offers broking services and distribution of financial products to retail customers in India. Axis Sec offers a single account to its customer to invest in Equitie... Know more about Axis Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE
Account Type Trade@20 (SA75000)
Broker Enquiry Open an Online Trading Account with Aditya Birla Money. Leave your contact info and we will get in touch with you. Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Aditya Birla Money Vs AxisDirect Charges

  Aditya Birla Money Ltd Axis Securities
Trading Account Opening Fees Rs 750 ₹900 (3 in 1 account)
Trading Account AMC Nil ₹0
Demat Account Opening Fees Nil ₹0
Demat Account AMC Rs 436 ₹500
Demat Account is Mandatory? No No
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Aditya Birla Money Vs AxisDirect Brokerage

Brokerage Plan 1

  Aditya Birla Money Ltd Axis Securities
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 Rs 50 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.03% 0.03% each side
Currency Options Trading Brokerage Rs 50 per lot ₹20 per lot
Commodity Futures Trading Brokerage 0.03% 0.03% each side
Commodity Options Trading Brokerage Nil ₹50 per lot

Other Charges

Minimum Brokerage Charges Rs 20 per executed order ₹20 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges ₹250 per monthly fee if do not have axis bank account
Call & Trade Charges Nil ₹20 per call post 20th call per month
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Aditya Birla Money Vs AxisDirect Taxes

  Aditya Birla Money Ltd Axis Securities
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Aditya Birla Money Vs AxisDirect Transaction Charges

  Aditya Birla Money Ltd Axis Securities
Equity Delivery 0.00325% 0.00325% (₹325/Cr)
Equity Intraday 0.00325% 0.00325% (₹325/Cr)
Equity Futures 0.0019% 0.0019% (₹190/Cr)
Equity Options 0.05% 0.05% (₹5000/crore)
Currency Futures 0.0011% 0.0019% (₹190/Cr)
Currency Options 0.04% 0.05% (₹5000/crore)
Commodity MCX - 0.003%, NCDEX - 0.004%
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Aditya Birla Money Vs AxisDirect Exposure Margin

  Aditya Birla Money Ltd Axis Securities
Equity Delivery Upto 5x with interest Nil
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 Nil
Equity Options Nil Nil
Currency Futures 3x NA
Currency Options Nil NA
Commodity 4x 3x
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Aditya Birla Money and AxisDirect Feature Comparison

  Aditya Birla Money Ltd Axis Securities
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Etrade, Advanced web, Mobile invest DirectTrade, Swift Trade, Axisdirect Mobile
Intraday Square-off Time 3:15 3:15
Other Features Insurance and Pension scheme available Can trade in 32 exchanges through Saxo Trader
Referral Program
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Aditya Birla Money Vs AxisDirect Review

  Aditya Birla Money Ltd Axis Securities
  11 Customer Reviews    Rate Aditya Birla Money 48 Customer Reviews    Rate AxisDirect
Fees Ratings 2.5 2.0
Trading Brokerage Rating 2.9 1.8
Trading Platform Usability 2.2 2.7
Customer Service Ratings 2.5 2.4
Overall Ratings Rated 2.4 stars Rated 2.2 stars
Broker Rating Aditya Birla Money is Rated 2.4 / 5 based on 11 customer reviews AxisDirect is Rated 2.2 / 5 based on 48 customer reviews
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Contact Broker / Request A Call Back

  Aditya Birla Money Ltd Axis Securities
Contact / Request Call Back
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Aditya Birla Money Vs AxisDirect Investment Options

  Aditya Birla Money Ltd Axis Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds
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Aditya Birla Money Vs AxisDirect Customer Service

  Aditya Birla Money Ltd Axis Securities
24/7 Customer Service No No
Onine Live Chat No
Through Branches Yes Yes
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Aditya Birla Money Vs AxisDirect Order Type Offered

  Aditya Birla Money Ltd Axis Securities
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No No
Good Till Cancelled (GTC) Yes Yes
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Aditya Birla Money Vs AxisDirect Research Report

  Aditya Birla Money Ltd Axis Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Aditya Birla Money Vs AxisDirect Suitable For Investor Type

  Aditya Birla Money Ltd Axis Securities
Casual Investor Yes Yes
Active Investor
Trader
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Aditya Birla Money Vs AxisDirect - Advantages and Disadvantages

  Aditya Birla Money Ltd Axis Securities
Pros
  1. ABM offers 2 in 1 account which is Trading cum Demat account
  2. No Call and Trade charges
  3. Fund transfer facility available from more than 11 banks
  4. ABM offers Portfolio Tracker which is one stop shop for your entire portfolio

More Advantages...

  1. Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
  2. Offers 3-in-1 investment account
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

Cons
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. 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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