Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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About 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... 
About 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 | Groww | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | NSE and BSE |
| Year of Incorporation | 1994 | 2016 |
| Number of Branches | 800 | 0 |
Aditya Birla Money trading account opening charges is Rs 750 while Groww account opening changes is Rs 0 (Free). 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 (Free) |
| 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 20 and intraday is 20 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.
| Account Type | Aditya Birla Money Trade20 | Groww Standard Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 20 | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 20 | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 20 | Rs 20 per executed order |
| Equity Options | 20 | Rs 20 per executed order |
| Currency Futures | 20 | NA |
| Currency Options | 20 | NA |
| Commodity Futures | NA | |
| Commodity Options | NA | |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Aditya Birla Money | Groww | |
|---|---|---|
| Account Type | Trade15 (Subscription Rs 999) | Standard Plan |
| Fixed Charges | NA | |
| Equity Delivery | 15 | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 15 | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 15 | Rs 20 per executed order |
| Equity Options | 15 | Rs 20 per executed order |
| Currency Futures | 15 | NA |
| Currency Options | 15 | NA |
| Commodity Futures | NA | |
| Commodity Options | NA | |
| Aditya Birla Money | Groww | |
|---|---|---|
| Account Type | Trade10 (Subscription Rs 2499) | Standard Plan |
| Fixed Charges | NA | |
| Equity Delivery | 10 | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 10 | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 10 | Rs 20 per executed order |
| Equity Options | 10 | Rs 20 per executed order |
| Currency Futures | 10 | NA |
| Currency Options | 10 | NA |
| Commodity Futures | NA | |
| Commodity Options | NA | |
| Minimum Brokerage | Rs 20 per executed order | Rs 20 or 0.05% per executed order |
| Other 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 NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Groww exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).
| Aditya Birla Money | Groww | |
|---|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
| Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) |
| Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | |
| Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | (on premium) |
| Commodity | MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%) | NA |
Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Aditya Birla Money | Groww | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
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 |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Etrade, Advanced web, Mobile invest | Groww |
| Intraday Square-off Time | 3:15 | 3:10 PM |
| Trading In SME Shares Allowed? | |
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| Referral Program | ||
| Other Features | Insurance and Pension scheme available | |
Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews whereas Groww is rated 3.9 of 5 based on 93 customer reviews.
| Aditya Birla Money | Groww | |
|---|---|---|
30 Customer Reviews  |
93 Customer Reviews |
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| Broker Rating | Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews | Groww is rated 3.9 of 5 based on 93 customer reviews |
| Aditya Birla Money Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Aditya Birla Money | Groww | |
|---|---|---|
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| Commodity | |
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| IPO | |
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| Bond / NCD | |
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| Other Investment Options | Mutual Funds | Digital Gold, US Stocks, Fixed Deposits |
| Aditya Birla Money | Groww | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Aditya Birla Money | Groww | |
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| Daily Market Report | |
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| News Alerts | |
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| Aditya Birla Money | Groww | |
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| Casual Investor | |
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| Trader |
| Aditya Birla Money | Groww | |
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| Reviews | Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors. |
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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