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

Aditya Birla Money Vs Fyers

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 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.

	Aditya Birla Money	Fyers
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX	NSE, MCX
Account Type		Flat Fee Brokerage Plan
Year of Incorporation	1994	2015
Number of Branches	800	0
Broker Enquiry
	Enquire Aditya Birla Money	Enquire Fyers

Aditya Birla Money Vs Fyers Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while Fyers account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Fyers Demat Account AMC Charges is Rs 300.

	Aditya Birla Money	Fyers
Trading Account Opening Charges	Rs 750	Rs 0 (Free)
Trading Account AMC Charges	Nil	Rs 0 (Free)
Demat Account Opening Charges	Nil	Rs 0 (Free)
Demat Account AMC Charges	Rs 436	Rs 300

Aditya Birla Money Vs Fyers Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

	Aditya Birla Money	Fyers
Account Type		Flat Fee Brokerage Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.30%	Rs 0 (Free)
Equity Intraday Brokerage	0.03%	Rs 20 per executed order or .03% whichever is lower
Equity Futures Brokerage	0.03%	Rs 20 per executed order or .03% whichever is lower
Equity Options Brokerage	Rs 50 per lot	Rs 20 per executed order
Currency Futures Trading Brokerage	0.03%	Rs 20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage	Rs 50 per lot	Rs 20 per executed order
Commodity Futures Trading Brokerage	0.03%	Rs 20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage	Nil	Rs 20 per executed order
Special Offer		Special Offer: Brokerage free equity delivery trading (no commission) + Max flat Rs 20 Intra-day and F&O trades. Get the offer

Aditya Birla Money Charges Vs Fyers

Minimum Brokerage Charges	Rs 20 per executed order	Intra-day: Rs 7 or 2.5% whichever is lower
Other Brokerage Charges		Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges	Nil	Rs 20 per trade

Aditya Birla Money Vs Fyers Transaction Charges

Aditya Birla Money transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Fyers exchange transaction charges for options is Rs 5900 per Cr (on premium) (0.059%).

	Aditya Birla Money	Fyers
Equity Delivery	Rs 325 per Cr (0.00325%)	Rs 325 per Cr (0.00325%)
Equity Intraday	Rs 325 per Cr (0.00325%)	Rs 325 per Cr (0.00325%)
Equity Futures	Rs 190 per Cr (0.0019%)	Rs 240 per Cr (0.0024%)
Equity Options	Rs 5000 per Cr (0.05%) (on premium)	Rs 5900 per Cr (on premium) (0.059%)
Currency Futures	Rs 110 per Cr (0.0011%)	Rs 240 per Cr (0.0024%)
Currency Options	Rs 4000 per Cr (0.04%) (on premium)	Rs 5900 per Cr (on premium) (0.059%)
Commodity	MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)	NA
	Enquire Aditya Birla Money	Enquire Fyers

Aditya Birla Money Vs Fyers Leverage (Margin)

Aditya Birla Money provides the margin of 15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product for intraday trades whereas the Fyers margin for intraday cash is Up to 16x (based on the stock).

	Aditya Birla Money	Fyers
Equity Delivery	Upto 5x with interest	1 times
Equity Intraday	15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product	Up to 16x (based on the stock)
Equity Futures	Upto 3x	Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Nil	Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures	3x	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Nil	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures	4x	NA
Commodity Options
	Enquire Aditya Birla Money	Enquire Fyers

Compare Aditya Birla Money and Fyers Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Fyers offers Fyers One (In-house build) trading software.

	Aditya Birla Money	Fyers
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	Fyers One (In-house build)
Intraday Square-off Time	3:15	3:20 PM
Other Features	Insurance and Pension scheme available	Brokerage free thematic investing is available
Referral Program
	Enquire Aditya Birla Money	Enquire Fyers

Aditya Birla Money Vs Fyers Review

Aditya Birla Money is rated 2.7 of 5 based on 13 customer reviews whereas Fyers is rated 3.8 of 5 based on 16 customer reviews.

	Aditya Birla Money	Fyers
	13 Customer Reviews	16 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Aditya Birla Money is rated 2.7 of 5 based on 13 customer reviews	Fyers is rated 3.8 of 5 based on 16 customer reviews

Aditya Birla Money Vs Fyers Investment Options

	Aditya Birla Money	Fyers
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds

Aditya Birla Money Vs Fyers Order Type Offered

	Aditya Birla Money	Fyers
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	Enquire Fyers

Aditya Birla Money Vs Fyers Research Report

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

Aditya Birla Money Vs Fyers Suitable For Investor Type

	Aditya Birla Money	Fyers
Casual Investor
Active Investor
Trader

Aditya Birla Money Vs Fyers - Pros and Cons

	Aditya Birla Money	Fyers
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	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum Rs 20 per trade. Free account opening. No software charges. State of art trading platforms. Thematic investment is available Refer your friends and earn 20% of the revenues generated by your friends, for life!
Cons	Doesn't offer online account opening facility Brokerage calculator is not available Doesn't have Referral program	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.
Reviews
Promo / Offers		Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you.
	Enquire Aditya Birla Money	Enquire Fyers