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

Aditya Birla Money Vs TradeSmart

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 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	Aditya Birla Money	TradeSmart
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	1994	1994
Number of Branches	800	1
	Enquire Aditya Birla Money	Open TradeSmart Account

Aditya Birla Money Vs TradeSmart Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while TradeSmart account opening changes is Rs 200. Aditya Birla Money Demat Account AMC Charges is Rs 436 and TradeSmart Demat Account AMC Charges is Rs 300.

	Aditya Birla Money	TradeSmart
Trading Account Opening Charges	Rs 750	Rs 200
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 200
Demat Account AMC Charges	Rs 436	Rs 300

Aditya Birla Money Vs TradeSmart Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

	Aditya Birla Money	TradeSmart
Account Type		Power Plan
Fixed Charges		NA
Equity Delivery	0.30%	Rs 15 per order
Equity Intraday	0.03%	Rs 15 per order
Equity Futures	0.03%	Rs 15 per order
Equity Options	Rs 50 per lot	Rs 15 per order
Currency Futures	0.03%	Rs 15 per order
Currency Options	Rs 50 per lot	Rs 15 per order
Commodity Futures	0.03%	Rs 15 per order
Commodity Options	Nil	Rs 15 per order
Special Offer		Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

Aditya Birla Money Vs TradeSmart Brokerage Plan 2

	Aditya Birla Money	TradeSmart
Account Type		Value Plan
Fixed Charges
Equity Delivery	0.30%	0.07%
Equity Intraday	0.03%	0.007%
Equity Futures	0.03%	0.007%
Equity Options	Rs 50 per lot	Rs 7 Per Lot
Currency Futures	0.03%	0.007%
Currency Options	Rs 50 per lot	Rs 7 Per Lot
Commodity Futures	0.03%	0.007%
Commodity Options	Nil	Rs 7 Per Lot
	Enquire Aditya Birla Money	Open TradeSmart Account

Aditya Birla Money Charges Vs TradeSmart

Minimum Brokerage	Rs 20 per executed order	Rs 15 per executed order
Other Charges		Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges	Nil	Rs 20 per executed order

Aditya Birla Money Vs TradeSmart Transaction Charges

Aditya Birla Money transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while TradeSmart exchange transaction charges for options is 0.0715%.

	Aditya Birla Money	TradeSmart
Equity Delivery	Rs 325 per Cr (0.00325%)	0.0035%
Equity Intraday	Rs 325 per Cr (0.00325%)	0.0035%
Equity Futures	Rs 190 per Cr (0.0019%)	0.0024%
Equity Options	Rs 5000 per Cr (0.05%) (on premium)	0.0715%
Currency Futures	Rs 110 per Cr (0.0011%)	0.00165%
Currency Options	Rs 4000 per Cr (0.04%) (on premium)	0.06%
Commodity	MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)	0.0039%
	Enquire Aditya Birla Money	Open TradeSmart Account

Aditya Birla Money Vs TradeSmart 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 TradeSmart 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	TradeSmart
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	Open TradeSmart Account

Compare Aditya Birla Money and TradeSmart Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. TradeSmart offers NEST, NOW, Spin trading software.

	Aditya Birla Money	TradeSmart
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	NEST, NOW, Spin
Intraday Square-off Time	3:15	Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features	Insurance and Pension scheme available
Referral Program
	Enquire Aditya Birla Money	Open TradeSmart Account

Aditya Birla Money Vs TradeSmart Review

Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

	Aditya Birla Money	TradeSmart
	21 Customer Reviews	67 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	TradeSmart is rated 4.0 of 5 based on 67 customer reviews

Aditya Birla Money Vs TradeSmart Investment Options

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

Aditya Birla Money Vs TradeSmart Order Type Offered

	Aditya Birla Money	TradeSmart
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	Open TradeSmart Account

Aditya Birla Money Vs TradeSmart Research Report

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

Aditya Birla Money Vs TradeSmart Suitable For Investor Type

	Aditya Birla Money	TradeSmart
Casual Investor
Active Investor
Trader

Aditya Birla Money Vs TradeSmart - Pros and Cons

	Aditya Birla Money	TradeSmart
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	Unlike most of the discount brokers; TradeSmart 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 to invest 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. The customer receives 10% credit of the brokerage generated by the clients referred by them. No minimum amount is needed to open or maintain a trading account with TSO. Customer service is available through live chat on its website. This is very convenient for many customers. TradeSmart is in the stock broking industry since 1994. TSO's online knowledgebase has a lot of information which is helpful for most customers.
Cons	Doesn't offer online account opening facility Brokerage calculator is not available Doesn't have Referral program	Call and Trade is charged at extra Rs 20 per executed order. Physical contract notes Rs 20 per contract note + courier charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 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.
Reviews		Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
Promo / Offers		Flat Rs 15 per trade Flat Rs 15 per trade across all segments + Get Margin against your shares + API for alog trading. This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.
	Enquire Aditya Birla Money	Open TradeSmart Account