The side-by-side comparison of Aditya Birla Money and Groww. Compare Aditya Birla Money Vs Groww brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Aditya Birla Money vs Groww?
Aditya Birla Money
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 is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ("NSDL") and the Central Depository Services (India) Limited ("CDSL"). The comp...
Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE.
Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...
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 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 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 |
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 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 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 |
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 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 | |
---|---|---|
Pros |
|
|
Cons |
|
|
Reviews | ||
Promo / Offers |
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc