Aditya Birla Money Vs Trade Smart Online Share Broker Comparison
The side-by-side comparison of Aditya Birla Money Ltd and Trade Smart Online stock brokers in India. The comparison below highlights the similarities and differences between Aditya Birla Money and Trade Smart Online's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Aditya Birla Money and Trade Smart Online.
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Aditya Birla Money Ltd |
Trade Smart Online |
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| 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...  |
Trade Smart Online (TSO) is Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart Online is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorp... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MCX |
BSE, NSE, MCX, NCDEX |
| Account Type
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Power Plan (₹15/Order) |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Aditya Birla Money Ltd |
Trade Smart Online |
| Trading Account Opening Fees
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Nil |
₹300 |
| Trading Account AMC
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Nil |
₹0 |
| Demat Account Opening Fees
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Nil |
₹500 |
| Demat Account AMC
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Rs 555/- for 5 year. Effectively Rs 111/- per year |
₹300 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Aditya Birla Money Ltd |
Trade Smart Online |
| Account Type |
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Power Plan (₹15/Order) |
| Fixed Charges
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| Equity Delivery Brokerage
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0.10% |
₹15 |
| Equity Intraday Brokerage
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0.01% |
₹15 |
| Equity Futures Brokerage
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0.01% |
₹15 |
| Equity Options Brokerage
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Rs 20 |
₹15 |
| Currency Futures Trading Brokerage
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0.01% |
₹15 |
| Currency Options Trading Brokerage
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Rs 20 |
₹15 |
| Commodity Futures Trading Brokerage
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0.01% |
₹15 |
| Commodity Options Trading Brokerage
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Rs 20 |
₹15 |
Brokerage Plan 2
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Aditya Birla Money Ltd |
Trade Smart Online |
| Account Type |
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Value Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.10% |
0.007% |
| Equity Intraday Brokerage
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0.01% |
0.007% |
| Equity Futures Brokerage
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0.01% |
0.007% |
| Equity Options Brokerage
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Rs 20 |
₹7 Per Lot |
| Currency Futures Trading Brokerage
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0.01% |
0.007% |
| Currency Options Trading Brokerage
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Rs 20 |
₹7 Per Lot |
| Commodity Futures Trading Brokerage
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0.01% |
0.007% |
| Commodity Options Trading Brokerage
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Rs 20 |
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Other Charges
| Minimum Brokerage Charges
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Rs 20 per executed order |
₹15 |
| Other Brokerage Charges
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Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order |
| Call & Trade Charges
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₹20 per executed order |
Taxes
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Aditya Birla Money Ltd |
Trade Smart Online |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Aditya Birla Money Ltd |
Trade Smart Online |
| Equity Delivery
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0.00325% |
0.0035% |
| Equity Intraday
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0.00325% |
0.0035% |
| Equity Futures
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0.0019% |
0.0024% |
| Equity Options
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0.05% |
0.0715% |
| Currency Futures
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0.0011% |
0.00165% |
| Currency Options
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0.04% |
0.06% |
| Commodity
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MCX - 0.003%, NCDEX - 0.004% |
0.0039% |
Exposure
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Aditya Birla Money Ltd |
Trade Smart Online |
| Equity Delivery
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8X for NIFTY 50 Stocks & 5x - 2.5x for A & B grp approved stock |
1x (no margin) |
| Equity Intraday
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15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product |
30x trading margin |
| Equity Futures
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Delivery - Margin required by Exchange / Intraday - 66.67x for Indices futures |
7x trading margin |
| Equity Options
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Option Delivery and Intraday - Premium levied by Exchange |
7x trading margin |
| Currency Futures
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3x trading margin |
| Currency Options
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3x trading margin |
| Commodity
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6x trading margin |
Share Broker Features
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Aditya Birla Money Ltd |
Trade Smart Online |
| 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 Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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OMNESYS NEST |
NEST, NOW |
| Intraday Square-off Time
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3:15 |
Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing |
| Other Features
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Broker Ratings (Average User Rating)
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Aditya Birla Money Ltd |
Trade Smart Online |
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11 Customer Reviews  |
58 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Aditya Birla Money is Rated 2.4 / 5 based on 11 customer reviews |
Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Aditya Birla Money Ltd |
Trade Smart Online |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Aditya Birla Money Ltd |
Trade Smart Online |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Aditya Birla Money Ltd |
Trade Smart Online |
| 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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Research / Tips / Reports Published
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Aditya Birla Money Ltd |
Trade Smart Online |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Aditya Birla Money Ltd |
Trade Smart Online |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Aditya Birla Money Ltd |
Trade Smart Online |
| Pros
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- 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... |
- EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of ₹1000.
- Unlike most of the discount brokers; Trade Smart Online offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
- TSO offers investing in Mutual Funds, bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
- Excellent referral benefits are available. Customer receives 10% credit of the brokerage generated by the clients referred by them.
- No minimum amount is needed to open or maintain trading account with TSO.
- Customer service is available through live chat on its website. This is very convenient for many customers.
- Trade Smart Online is in the stock broking industry since 1994.
- TSO's online knowledge base has lot information which is helpful for most customers.
More Advantages... |
| Cons
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- Doesn't offer online account opening facility
- Brokerage calculator is not available
- Doesn't have Referral program
More Disadvantages... |
- Call and Trade is charged at extra ₹20 per executed order.
- Physical contract notes ₹20 per contract note + courier charges
- Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20.
- 24/7 customer service is not available.
- Facility to invest in IPO's is not available.
- Doesn't provide daily market report, free tips, news alerts and technical analysis.
- 3-in-1 accounts are not available as company doesn't provide banking services.
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More Disadvantages... |
| Reviews
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Enquire about Aditya Birla Money
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