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

Aditya Birla Money Vs Groww

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 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

	Aditya Birla Money	Groww
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX	NSE and BSE
Account Type		Standard Plan
Year of Incorporation	1994	2016
Number of Branches	800	0
Broker Enquiry

Aditya Birla Money Vs Groww Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while Groww account opening changes is Rs 0. Aditya Birla Money Demat Account AMC Charges is Rs 436 and Groww Demat Account AMC Charges is Rs 0.

	Aditya Birla Money	Groww
Trading Account Opening Charges	Rs 750	Rs 0
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 0
Demat Account AMC Charges	Rs 436	Rs 0

Aditya Birla Money Vs Groww Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

	Aditya Birla Money	Groww
Account Type		Standard Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.30%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage	0.03%	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	0.03%	Rs 20 per executed order or 0.05% whichever is lower
Equity Options Brokerage	Rs 50 per lot	Rs 20 per executed order
Currency Futures Trading Brokerage	0.03%	NA
Currency Options Trading Brokerage	Rs 50 per lot	NA
Commodity Futures Trading Brokerage	0.03%	NA
Commodity Options Trading Brokerage	Nil	NA
Special Offer

Aditya Birla Money Charges Vs Groww

Minimum Brokerage Charges	Rs 20 per executed order	Rs 20 or 0.05% per executed order
Other Brokerage Charges		Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges	Nil	NA

Aditya Birla Money Vs Groww Transaction Charges

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

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

Aditya Birla Money Vs Groww 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 Groww margin for intraday cash is Up to 8x (based on the stock).

	Aditya Birla Money	Groww
Equity Delivery	Upto 5x with interest	1x (no margin)
Equity Intraday	15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product	Up to 8x (based on the stock)
Equity Futures	Upto 3x	NA
Equity Options	Nil	NA
Currency Futures	3x	NA
Currency Options	Nil	NA
Commodity Futures	4x	NA
Commodity Options		NA

Compare Aditya Birla Money and Groww Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Groww offers Groww trading software.

	Aditya Birla Money	Groww
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	Groww
Intraday Square-off Time	3:15	3:10 PM
Other Features	Insurance and Pension scheme available
Referral Program

Aditya Birla Money Vs Groww Review

Aditya Birla Money is rated 2.7 of 5 based on 13 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.

	Aditya Birla Money	Groww
	13 Customer Reviews	9 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	Groww is rated 3.9 of 5 based on 9 customer reviews

Aditya Birla Money Vs Groww Investment Options

	Aditya Birla Money	Groww
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds	Digital Gold, US Stocks, Fixed Deposits

Aditya Birla Money Vs Groww Order Type Offered

	Aditya Birla Money	Groww
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 Groww Research Report

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

Aditya Birla Money Vs Groww Suitable For Investor Type

	Aditya Birla Money	Groww
Casual Investor
Active Investor
Trader

Aditya Birla Money Vs Groww - Pros and Cons

	Aditya Birla Money	Groww
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
Cons	Doesn't offer online account opening facility Brokerage calculator is not available Doesn't have Referral program
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