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

The side-by-side comparison of Aditya Birla Money and Finvasia. Compare Aditya Birla Money Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and Aditya Birla Money review.

Find out Aditya Birla Money Vs Finvasia which is better and Aditya Birla Money Vs Finvasia which is best.

Our Aditya Birla Money Ltd comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Aditya Birla Money and Finvasia.

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Aditya Birla Money Vs Finvasia

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
 
Aditya Birla Money Ltd Logo Finvasia Securities Pvt Ltd 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 Finvasia is India based technology–driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset manageme... Know more about Finvasia Securities Pvt Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Standard
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 Finvasia. 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 Finvasia Charges

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
Trading Account Opening Fees Rs 750 ₹0 (Free)
Trading Account AMC Nil ₹0 (Free)
Demat Account Opening Fees Nil ₹0 (Free)
Demat Account AMC Rs 436 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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Aditya Birla Money Vs Finvasia Brokerage

Brokerage Plan 1

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
Account Type Standard
Fixed Charges
Equity Delivery Brokerage 0.30% ₹0
Equity Intraday Brokerage 0.03% ₹0
Equity Futures Brokerage 0.03% ₹0
Equity Options Brokerage Rs 50 per lot ₹0
Currency Futures Trading Brokerage 0.03% ₹0
Currency Options Trading Brokerage Rs 50 per lot ₹0
Commodity Futures Trading Brokerage 0.03% ₹0
Commodity Options Trading Brokerage Nil

Other Charges

Minimum Brokerage Charges Rs 20 per executed order ₹0
Other Brokerage Charges None
Call & Trade Charges Nil ₹0
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Aditya Birla Money Vs Finvasia Taxes

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
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 Finvasia Transaction Charges

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
Equity Delivery 0.00325% ₹325/crore
Equity Intraday 0.00325% ₹325/crore
Equity Futures 0.0019% ₹190/crore
Equity Options 0.05% ₹5000/crore of premium
Currency Futures 0.0011% ₹115/crore
Currency Options 0.04% ₹4000/crore of premium
Commodity MCX - 0.003%, NCDEX - 0.004% ₹260/crore
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Aditya Birla Money Vs Finvasia Exposure Margin

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
Equity Delivery Upto 5x with interest 1x
Equity Intraday 15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product up to 10x
Equity Futures Upto 3x 2x
Equity Options Nil 1x
Currency Futures 3x 1x
Currency Options Nil 1x
Commodity 4x 2x
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Aditya Birla Money and Finvasia Feature Comparison

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O)
Trading Platform Etrade, Advanced web, Mobile invest Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time 3:15 3:15 PM
Other Features Insurance and Pension scheme available Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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Aditya Birla Money Vs Finvasia Review

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
  11 Customer Reviews    Rate Aditya Birla Money 9 Customer Reviews    Rate Finvasia
Fees Ratings 2.5 4.4
Trading Brokerage Rating 2.9 4.8
Trading Platform Usability 2.2 3.0
Customer Service Ratings 2.5 4.7
Overall Ratings Rated 2.4 stars Rated 4.7 stars
Broker Rating Aditya Birla Money is Rated 2.4 / 5 based on 11 customer reviews Finvasia is Rated 4.7 / 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
Contact / Request Call Back
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Aditya Birla Money Vs Finvasia Investment Options

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Mutual Funds
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Aditya Birla Money Vs Finvasia Customer Service

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

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

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Aditya Birla Money Vs Finvasia Suitable For Investor Type

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes
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Aditya Birla Money Vs Finvasia - Advantages and Disadvantages

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
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...

  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.

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...

  • Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding. The company is planning to launch this service in future.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.

More Disadvantages...

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