Aditya Birla Money Vs Fyers (Compare Aditya Birla Money and Fyers)
The side-by-side comparison of Aditya Birla Money and Fyers. Compare Aditya Birla Money Vs Fyers brokerage, charges, exposure margin, demat account. Read Fyers and Aditya Birla Money review.
Find out Aditya Birla Money Vs Fyers which is better and Aditya Birla Money Vs Fyers which is best.
Our Aditya Birla Money Ltd comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between Aditya Birla Money and Fyers.
Aditya Birla Money Vs Fyers
Aditya Birla Money
Fyers
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 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representi...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
NSE, MCX
Account Type
Flat Fee Brokerage Plan
Broker Enquiry
Year of Incorporation
1994
2015
Number of Branches
800
0
Enquire Aditya Birla Money
Enquire Fyers
Aditya Birla Money Vs Fyers Charges
Aditya Birla Money
Fyers
Trading Account Opening Fees
₹750
₹0 (Free)
Trading Account AMC
Nil
₹0 (Free)
Demat Account Opening Fees
Nil
₹0 (Free)
Demat Account AMC
₹436
₹400
Demat Account is Mandatory?
No
No
Aditya Birla Money Vs Fyers Brokerage
Brokerage Plan 1
Aditya Birla Money
Fyers
Account Type
Flat Fee Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
₹0 (Free)
Equity Intraday Brokerage
0.03%
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.03%
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹50 per lot
₹20 per executed order
Currency Futures Trading Brokerage
0.03%
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹50 per lot
₹20 per executed order
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
Nil
Other Charges
Minimum Brokerage Charges
₹20 per executed order
Other Brokerage Charges
Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges
Nil
₹20 per trade
Aditya Birla Money Vs Fyers Taxes
Aditya Birla Money
Fyers
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 Fyers Transaction Charges
Aditya Birla Money
Fyers
Equity Delivery
₹325 per Cr (0.00325%)
₹325 per Cr (0.00325%)
Equity Intraday
₹325 per Cr (0.00325%)
₹325 per Cr (0.00325%)
Equity Futures
₹190 per Cr (0.0019%)
₹240 per Cr (0.0024%)
Equity Options
₹5000 per Cr (0.05%) (on premium)
₹5900 per Cr (on premium) (0.059%)
Currency Futures
₹110 per Cr (0.0011%)
₹240 per Cr (0.0024%)
Currency Options
₹4000 per Cr (0.04%) (on premium)
₹5900 per Cr (on premium) (0.059%)
Commodity
MCX - ₹300 per Cr (0.003%) | NCDEX - ₹400 per Cr (0.004%)
NA
Aditya Birla Money Vs Fyers Exposure Margin
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
Aditya Birla Money and Fyers Feature Comparison
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
Aditya Birla Money Vs Fyers Review
Aditya Birla Money
Fyers
11 Customer Reviews
10 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 Fyers is Rated 3.7 / 5 based on 10 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 Customer Service
Aditya Birla Money
Fyers
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
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
More Advantages...
Free equity delivery trades and thematic investments. No brokerage for this segment.
Very low brokerage charges of maximum ₹20 per trade.
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!
More Advantages...
Cons
Doesn't offer online account opening facility
Brokerage calculator is not available
Doesn't have Referral program
More Disadvantages...
Depository services are offered through another company (IL&FS). Higher demat charges.
No branch offices.
No good 'til canceled (GTC) orders.
More Disadvantages...
Reviews
Promo / Offers
Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage) , for other segments you pay ₹20 per trade flat broekrage fee.
This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you.
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