Aditya Birla Money Vs Indira Securities (Compare Aditya Birla Money and Indira Securities)

Aditya Birla Money Vs Indira Securities

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 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

	Aditya Birla Money	Indira Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX and NCDEX
Year of Incorporation	1994	1987
Number of Branches	800	335
	Enquire Aditya Birla Money	Enquire Indira Securities

Aditya Birla Money Vs Indira Securities Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while Indira Securities account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).

	Aditya Birla Money	Indira Securities
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 450 (Free for 1st year)

Aditya Birla Money Vs Indira Securities Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

	Aditya Birla Money	Indira Securities
Account Type		Traditional Plan
Fixed Charges		NA
Equity Delivery	0.30%	0.10%
Equity Intraday	0.03%	0.01%
Equity Futures	0.03%	0.01%
Equity Options	Rs 50 per lot	Rs 25 per lot (both side)
Currency Futures	0.03%	0.01%
Currency Options	Rs 50 per lot	Rs 25 per lot (both side)
Commodity Futures	0.03%	0.01%
Commodity Options	Nil	Rs 25 per lot (both side)
Special Offer		Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

Aditya Birla Money Vs Indira Securities Brokerage Plan 2

	Aditya Birla Money	Indira Securities
Account Type		Discount Brokerage Plan
Fixed Charges		NA
Equity Delivery	0.30%	Rs 20 per executed order
Equity Intraday	0.03%	Rs 20 per executed order
Equity Futures	0.03%	Rs 20 per executed order
Equity Options	Rs 50 per lot	Rs 20 per executed order
Currency Futures	0.03%	Rs 20 per executed order
Currency Options	Rs 50 per lot	Rs 20 per executed order
Commodity Futures	0.03%	Rs 20 per executed order
Commodity Options	Nil	Rs 20 per executed order
	Enquire Aditya Birla Money	Enquire Indira Securities

Aditya Birla Money Charges Vs Indira Securities

Minimum Brokerage	Rs 20 per executed order	Rs 20 per executed order
Other Charges
Call & Trade Charges	Nil	Rs 0 (Free)

Aditya Birla Money Vs Indira Securities Transaction Charges

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

	Aditya Birla Money	Indira Securities
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%)
Equity Futures	Rs 190 per Cr (0.0019%)	NSE Rs 190 per Cr (0.0019%)
Equity Options	Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	Rs 110 per Cr (0.0011%)	NSE Rs 120 per Cr (0.0012%)
Currency Options	Rs 4000 per Cr (0.04%) (on premium)	NSE Rs 500 per Cr (0.005%) (on premium)
Commodity	MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)	Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)
	Enquire Aditya Birla Money	Enquire Indira Securities

Aditya Birla Money Vs Indira Securities Leverage (Margin)

Aditya Birla Money margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Indira Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Aditya Birla Money	Indira Securities
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Enquire Aditya Birla Money	Enquire Indira Securities

Compare Aditya Birla Money and Indira Securities Features

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

	Aditya Birla Money	Indira Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Etrade, Advanced web, Mobile invest	ODIN
Intraday Square-off Time	3:15	3:15 PM
Other Features	Insurance and Pension scheme available
Referral Program
	Enquire Aditya Birla Money	Enquire Indira Securities

Aditya Birla Money Vs Indira Securities Review

Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 3 customer reviews.

	Aditya Birla Money	Indira Securities
	21 Customer Reviews	3 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews	Indira Securities is rated 4.0 of 5 based on 3 customer reviews

Aditya Birla Money Vs Indira Securities Investment Options

	Aditya Birla Money	Indira Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds

Aditya Birla Money Vs Indira Securities Order Type Offered

	Aditya Birla Money	Indira Securities
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 Indira Securities

Aditya Birla Money Vs Indira Securities Research Report

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

Aditya Birla Money Vs Indira Securities Suitable For Investor Type

	Aditya Birla Money	Indira Securities
Casual Investor
Active Investor
Trader

Aditya Birla Money Vs Indira Securities - Pros and Cons

	Aditya Birla Money	Indira Securities
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	Full-service broker offering discount brokerage plan. Relationship manager even for online customers. Offers ODIN as trading platform. Investment in mutual fund for free. Pan India presence with hundreds of branches, and business partners. No charges for Call & Trade and Auto Square-off.
Cons	Doesn't offer online account opening facility Brokerage calculator is not available Doesn't have Referral program	Flat-rate brokerage plans (Rs 20 per trade) is not available in MP and Rajasthan. Advance order types i.e. CO, and BO are not available in the mobile app. Doesn't offer NRI trading account.
Reviews
Promo / Offers		Free Equity Delivery Trading Get FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.
	Enquire Aditya Birla Money	Enquire Indira Securities