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Aditya Birla Money Vs Upstox Share Broker Comparison

The side-by-side comparison of Aditya Birla Money Ltd and Upstox stock brokers in India. The comparison below highlights the similarities and differences between Aditya Birla Money and Upstox'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 Upstox.

  Aditya Birla Money Ltd Upstox
 
Aditya Birla Money Ltd Logo Upstox Logo
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... Know more about Aditya Birla Money Ltd Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro ... Know more about Upstox
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Upstox Basic
Broker Enquiry Open an Online Trading Account with Aditya Birla Money. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Aditya Birla Money Ltd Upstox
Trading Account Opening Fees Rs 750 ₹150 (Eq and F&O), ₹150 (MCX)
Trading Account AMC Nil ₹0
Demat Account Opening Fees Nil ₹0
Demat Account AMC Rs 436 ₹150
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Aditya Birla Money Ltd Upstox
Account Type Upstox Basic
Fixed Charges
Equity Delivery Brokerage 0.30% ₹0
Equity Intraday Brokerage 0.03% ₹20 per trade or 0.01% (whichever is lower)
Equity Futures Brokerage 0.03% ₹20 per trade or 0.01% (whichever is lower)
Equity Options Brokerage Rs 50 per lot ₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage 0.03% ₹20 per trade or 0.01% (whichever is lower)
Currency Options Trading Brokerage Rs 50 per lot ₹20 per trade or 0.01% (whichever is lower)
Commodity Futures Trading Brokerage 0.03% ₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage Nil

Brokerage Plan 2

  Aditya Birla Money Ltd Upstox
Account Type Upstox Priority
Fixed Charges ₹0
Equity Delivery Brokerage 0.30% ₹0
Equity Intraday Brokerage 0.03% ₹30 per trade or 0.05% (whichever is lower)
Equity Futures Brokerage 0.03% ₹30 per trade or 0.05% (whichever is lower)
Equity Options Brokerage Rs 50 per lot ₹30 per trade or 0.05% (whichever is lower)
Currency Futures Trading Brokerage 0.03% ₹30 per trade or 0.05% (whichever is lower)
Currency Options Trading Brokerage Rs 50 per lot ₹30 per trade or 0.05% (whichever is lower)
Commodity Futures Trading Brokerage 0.03% ₹30 per trade or 0.05% (whichever is lower)
Commodity Options Trading Brokerage Nil

Other Charges

Minimum Brokerage Charges Rs 20 per executed order ₹0
Other Brokerage Charges
Call & Trade Charges Nil ₹20 per trade
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Taxes

  Aditya Birla Money Ltd Upstox
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Aditya Birla Money Ltd Upstox
Equity Delivery 0.00325% NSE ₹325 | BSE ₹275
Equity Intraday 0.00325% NSE ₹325 | BSE ₹275
Equity Futures 0.0019% NSE ₹210
Equity Options 0.05% NSE ₹5500
Currency Futures 0.0011% ₹150
Currency Options 0.04% ₹6000
Commodity MCX - 0.003%, NCDEX - 0.004% MCX ₹260/Cr
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Exposure

  Aditya Birla Money Ltd Upstox
Equity Delivery Upto 5x with interest 2.5x
Equity Intraday 15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x
Equity Futures Upto 3x Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x
Equity Options Nil Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Futures 3x Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Options Nil Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Commodity 4x Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x
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Share Broker Features

  Aditya Birla Money Ltd Upstox
3 in 1 Account No No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O)
Trading Platform Etrade, Advanced web, Mobile invest Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:15 3:15 PM
Other Features Insurance and Pension scheme available Option strategy builder
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Broker Ratings (Average User Rating)

  Aditya Birla Money Ltd Upstox
  11 Customer Reviews    Rate Aditya Birla Money 49 Customer Reviews    Rate Upstox
Fees Ratings 2.5 3.8
Trading Brokerage Rating 2.9 3.6
Trading Platform Usability 2.2 2.9
Customer Service Ratings 2.5 2.5
Overall Ratings Rated 2.4 stars Rated 2.6 stars
Broker Rating Aditya Birla Money is Rated 2.4 / 5 based on 11 customer reviews Upstox is Rated 2.6 / 5 based on 49 customer reviews
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Contact Broker / Request A Call Back

  Aditya Birla Money Ltd Upstox
Contact / Request Call Back
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Investment Options Available

  Aditya Birla Money Ltd Upstox
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Mutual Funds
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Customer Service Offered

  Aditya Birla Money Ltd Upstox
24/7 Customer Service No No
Onine Live Chat No
Through Branches Yes No
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Order Type

  Aditya Birla Money Ltd Upstox
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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Research / Tips / Reports Published

  Aditya Birla Money Ltd Upstox
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Suitable for Investor Category

  Aditya Birla Money Ltd Upstox
Casual Investor Yes
Active Investor Yes
Trader Yes

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Pros, Cons and Other Review Comments

  Aditya Birla Money Ltd Upstox
Pros
  1. ABM offers 2 in 1 account which is Trading cum Demat account
  2. No Call and Trade charges
  3. Fund transfer facility available from more than 11 banks
  4. ABM offers Portfolio Tracker which is one stop shop for your entire portfolio

More Advantages...

  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.

More Advantages...

Cons
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program

More Disadvantages...

  • No margin funding.
  • No equity 'good till cancelled' orders.
  • Unlimited monthly plans not available.
  • Additional fee for call & trader.
  • Additional fee for square off done by the broker.
  • Higher demat debit transaction charges.
  • Online IPO, FPO, Bonds and NCD's are not available.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.

More Disadvantages...

Reviews Useful articles about Upstox:
Promo / Offers

Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019

Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.

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