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

Aditya Birla Money Vs Edelweiss

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 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

	Aditya Birla Money	Edelweiss
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1994	2002
Number of Branches	800	237
	Enquire Aditya Birla Money	Open Edelweiss Account

Aditya Birla Money Vs Edelweiss Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while Edelweiss account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free).

	Aditya Birla Money	Edelweiss
Trading Account Opening Charges	Rs 750	Rs 0 (Free)
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 0 (Free)
Demat Account AMC Charges	Rs 436	Rs 500 (1st Year Free)

Aditya Birla Money Vs Edelweiss Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

	Aditya Birla Money	Edelweiss
Account Type		Edelweiss Lite
Fixed Charges		NA
Equity Delivery	0.30%	Rs 10 per executed order
Equity Intraday	0.03%	Rs 10 per executed order
Equity Futures	0.03%	Rs 10 per executed order
Equity Options	Rs 50 per lot	Rs 10 per executed order
Currency Futures	0.03%	Rs 10 per executed order
Currency Options	Rs 50 per lot	Rs 10 per executed order
Commodity Futures	0.03%
Commodity Options	Nil
Special Offer		Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Aditya Birla Money Vs Edelweiss Brokerage Plan 2

	Aditya Birla Money	Edelweiss
Account Type		Edelweiss Elite
Fixed Charges
Equity Delivery	0.30%	0.30%
Equity Intraday	0.03%	0.03%
Equity Futures	0.03%	0.03%
Equity Options	Rs 50 per lot	Rs 75 per lot
Currency Futures	0.03%	0.02%
Currency Options	Rs 50 per lot	Rs 22 per lot
Commodity Futures	0.03%
Commodity Options	Nil
	Enquire Aditya Birla Money	Open Edelweiss Account

Aditya Birla Money Charges Vs Edelweiss

Minimum Brokerage	Rs 20 per executed order	0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges		Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges	Nil	Rs 20 per call

Aditya Birla Money Vs Edelweiss Transaction Charges

Aditya Birla Money transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Edelweiss exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium).

	Aditya Birla Money	Edelweiss
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Futures	Rs 190 per Cr (0.0019%)	NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options	Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	Rs 110 per Cr (0.0011%)	NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%)
Currency Options	Rs 4000 per Cr (0.04%) (on premium)	Rs 4000 per Cr (0.04%) (on premium)
Commodity	MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)
	Enquire Aditya Birla Money	Open Edelweiss Account

Aditya Birla Money Vs Edelweiss 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 Edelweiss 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	Edelweiss
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 Edelweiss Account

Compare Aditya Birla Money and Edelweiss Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

	Aditya Birla Money	Edelweiss
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	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time	3:15	3:00 PM
Other Features	Insurance and Pension scheme available
Referral Program
	Enquire Aditya Birla Money	Open Edelweiss Account

Aditya Birla Money Vs Edelweiss Review

Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 65 customer reviews.

	Aditya Birla Money	Edelweiss
	21 Customer Reviews	65 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	Edelweiss is rated 3.0 of 5 based on 65 customer reviews

Aditya Birla Money Vs Edelweiss Investment Options

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

Aditya Birla Money Vs Edelweiss Order Type Offered

	Aditya Birla Money	Edelweiss
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 Edelweiss Account

Aditya Birla Money Vs Edelweiss Research Report

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

Aditya Birla Money Vs Edelweiss Suitable For Investor Type

	Aditya Birla Money	Edelweiss
Casual Investor
Active Investor
Trader

Aditya Birla Money Vs Edelweiss - Pros and Cons

	Aditya Birla Money	Edelweiss
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	Full-service broker offering discount brokerage plan. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.
Cons	Doesn't offer online account opening facility Brokerage calculator is not available Doesn't have Referral program	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers		Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only) Flat Rs 10 per trade across all segments. FREE Research and Trading Tips. Margin against share and Margin Funding available. It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.
	Enquire Aditya Birla Money	Open Edelweiss Account