Aditya Birla Money Vs Trustline (Compare Aditya Birla Money and Trustline)
The side-by-side comparison of Aditya Birla Money and Trustline. Compare Aditya Birla Money Vs Trustline brokerage, charges, exposure margin, demat account. Read Trustline and Aditya Birla Money review.
Find out Aditya Birla Money Vs Trustline which is better and Aditya Birla Money Vs Trustline which is best.
Our Aditya Birla Money Ltd comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between Aditya Birla Money and Trustline.
Aditya Birla Money Vs Trustline
Aditya Birla Money
Trustline
Find more info about broker
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...
Incorporated in 1989, Trustline Securities is a Noida based financial service provider. Trustline is a full-service broker for over 25 years. Trustline offers customised investment solutions to corporate, institutions and retail investors, through a ...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Full-service Brokerage Plan
Broker Enquiry
Year of Incorporation
1994
Number of Branches
800
Enquire Aditya Birla Money
Enquire Trustline
Aditya Birla Money Vs Trustline Charges
Aditya Birla Money
Trustline
Trading Account Opening Fees
₹750
₹0 (Free)
Trading Account AMC
Nil
₹0 (Free)
Demat Account Opening Fees
Nil
Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC
₹436
Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Demat Account is Mandatory?
No
No
Aditya Birla Money Vs Trustline Brokerage
Brokerage Plan 1
Aditya Birla Money
Trustline
Account Type
Full-service Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
0.20% (20 paisa)
Equity Intraday Brokerage
0.03%
0.02% (2 paisa)
Equity Futures Brokerage
0.03%
0.02% (2 paisa)
Equity Options Brokerage
₹50 per lot
₹75 per lot
Currency Futures Trading Brokerage
0.03%
0.02% (2 paisa)
Currency Options Trading Brokerage
₹50 per lot
₹7.5 per lot
Commodity Futures Trading Brokerage
0.03%
Future: 0.02% (2 paisa) | Options: ₹50 per lot
Commodity Options Trading Brokerage
Nil
Other Charges
Minimum Brokerage Charges
₹20 per executed order
₹0 (No Minimum Brokerage)
Other Brokerage Charges
Physical contact notes: ₹20
Call & Trade Charges
Nil
₹0 (Free)
Aditya Birla Money Vs Trustline Taxes
Aditya Birla Money
Trustline
Securities Transaction Tax (STT)
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Aditya Birla Money Vs Trustline Transaction Charges
Aditya Birla Money
Trustline
Equity Delivery
₹325 per Cr (0.00325%)
NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday
₹325 per Cr (0.00325%)
NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures
₹190 per Cr (0.0019%)
NSE ₹190 per crore (0.0019%)
Equity Options
₹5000 per Cr (0.05%) (on premium)
NSE ₹5000 per crore (0.05%)
Currency Futures
₹110 per Cr (0.0011%)
NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options
₹4000 per Cr (0.04%) (on premium)
NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity
MCX - ₹300 per Cr (0.003%) | NCDEX - ₹400 per Cr (0.004%)
MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
Aditya Birla Money Vs Trustline Exposure Margin
Aditya Birla Money
Trustline
Equity Delivery
Upto 5x with interest
1x (100% Margin Required)
Equity Intraday
15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product
Up to 20x
Equity Futures
Upto 3x
NSE: 2x
Equity Options
Nil
NSE: 2x
Currency Futures
3x
NSE: 2x
Currency Options
Nil
NSE: 2x
Commodity Futures
4x
MCX Futures: 8x
Commodity Options
Aditya Birla Money and Trustline Feature Comparison
Aditya Birla Money
Trustline
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
Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time
3:15
Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Insurance and Pension scheme available
Referral Program
Aditya Birla Money Vs Trustline Review
Aditya Birla Money
Trustline
11 Customer Reviews
1 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Aditya Birla Money is Rated 2.4 / 5 based on 11 customer reviews Trustline is Rated 4.0 / 5 based on 1 customer reviews
Aditya Birla Money Vs Trustline Investment Options
Aditya Birla Money
Trustline
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Mutual Funds
Insurance, Wealth Management
Aditya Birla Money Vs Trustline Customer Service
Aditya Birla Money
Trustline
24/7 Customer Service
Onine Live Chat
Through Branches
Aditya Birla Money Vs Trustline Order Type Offered
Aditya Birla Money
Trustline
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Aditya Birla Money Vs Trustline Research Report
Aditya Birla Money
Trustline
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Aditya Birla Money Vs Trustline Suitable For Investor Type
Aditya Birla Money
Trustline
Casual Investor
Active Investor
Trader
Aditya Birla Money Vs Trustline - Advantages and Disadvantages
Aditya Birla Money
Trustline
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
More Advantages...
Research based fundamental and technical analysis available to all the customers.
Paperless account opening is available with eKYC and Aadhar integration
All trading softwares including trading terminal are available for free.
Uses trading platform of Omnesys which is industry leading trading software provider.
Margin Against Share is available
Short selling is available in NSE Cash segment only.
After Hours Orders and Good Till Cancelled (GTC) orders are available.
SMS Trade Alerts are available for free to all customers.
Call & Trade is free for all customers.
More Advantages...
Cons
Doesn't offer online account opening facility
Brokerage calculator is not available
Doesn't have Referral program
More Disadvantages...
Separate account needed for Mutual Funds investment.
Doesn't offer bracket orders.
Online IPO, NCD, Corporate Bond investment is not available.
Trading API is now available.
No extra charge for intraday or expiry positions closed by the broker.
More Disadvantages...
Reviews
Promo / Offers
Lifetime FREE AMC Demat Account - 50% Off Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.
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