Indiabulls Vs Aditya Birla Money (Compare Indiabulls and Aditya Birla Money)
The side-by-side comparison of Indiabulls and Aditya Birla Money. Compare Indiabulls Vs Aditya Birla Money brokerage, charges, exposure margin, demat account. Read Aditya Birla Money and Indiabulls review.
Find out Indiabulls Vs Aditya Birla Money which is better and Indiabulls Vs Aditya Birla Money which is best.
Our Indiabulls Ventures Limited comparison with Aditya Birla Money Ltd highlights the major differences between two brokers. Find the best between Indiabulls and Aditya Birla Money.
Indiabulls Vs Aditya Birla Money
Indiabulls
Aditya Birla Money
Find more info about broker
About the Broker
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero ...
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...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
BSE, NSE and MCX
BSE, NSE, MCX
Account Type
Equity Unlimited Trade
Broker Enquiry
Year of Incorporation
2000
1994
Number of Branches
18
800
Enquire Indiabulls
Enquire Aditya Birla Money
Indiabulls Vs Aditya Birla Money Charges
Indiabulls
Aditya Birla Money
Trading Account Opening Fees
₹500
₹750
Trading Account AMC
₹0
Nil
Demat Account Opening Fees
₹0
Nil
Demat Account AMC
₹450
₹436
Demat Account is Mandatory?
No
No
Indiabulls Vs Aditya Birla Money Brokerage
Brokerage Plan 1
Indiabulls
Aditya Birla Money
Account Type
Equity Unlimited Trade
Fixed Charges
₹1000
Equity Delivery Brokerage
₹0 (Free)
0.30%
Equity Intraday Brokerage
₹0 (Free)
0.03%
Equity Futures Brokerage
₹15 per trade
0.03%
Equity Options Brokerage
₹15 per trade
₹50 per lot
Currency Futures Trading Brokerage
₹15 per trade
0.03%
Currency Options Trading Brokerage
₹15 per trade
₹50 per lot
Commodity Futures Trading Brokerage
0.03%
0.03%
Commodity Options Trading Brokerage
0.03%
Nil
Special Offer
Special Offer: FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer
Brokerage Plan 2
Indiabulls
Aditya Birla Money
Account Type
F&O Unlimited Trade
Fixed Charges
₹1000
Equity Delivery Brokerage
₹15 per trade
0.30%
Equity Intraday Brokerage
₹15 per trade
0.03%
Equity Futures Brokerage
₹0 (Free)
0.03%
Equity Options Brokerage
₹0 (Free)
₹50 per lot
Currency Futures Trading Brokerage
₹0 (Free)
0.03%
Currency Options Trading Brokerage
₹0 (Free)
₹50 per lot
Commodity Futures Trading Brokerage
0.03%
0.03%
Commodity Options Trading Brokerage
0.03%
Nil
Brokerage Plan 3
Indiabulls
Aditya Birla Money
Account Type
Base Plan
Fixed Charges
NA
Equity Delivery Brokerage
₹0 (Free)
0.30%
Equity Intraday Brokerage
₹15 per executed order
0.03%
Equity Futures Brokerage
₹15 per executed order
0.03%
Equity Options Brokerage
₹15 per executed order
₹50 per lot
Currency Futures Trading Brokerage
₹15 per executed order
0.03%
Currency Options Trading Brokerage
₹15 per executed order
₹50 per lot
Commodity Futures Trading Brokerage
0.03%
0.03%
Commodity Options Trading Brokerage
0.03%
Nil
Other Charges
Minimum Brokerage Charges
₹0 (Unlimited Plan), ₹15 (Per Trade Plan)
₹20 per executed order
Other Brokerage Charges
Call & Trade Charges
₹0 (Free)
Nil
Indiabulls Vs Aditya Birla Money Taxes
Indiabulls
Aditya Birla Money
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.
Indiabulls Vs Aditya Birla Money Transaction Charges
Indiabulls
Aditya Birla Money
Equity Delivery
₹325 per crore (0.00325%)
₹325 per Cr (0.00325%)
Equity Intraday
₹325 per crore (0.00325%)
₹325 per Cr (0.00325%)
Equity Futures
₹250 per crore (0.0025%)
₹190 per Cr (0.0019%)
Equity Options
₹5500 per crore (on premium) (0.055%)
₹5000 per Cr (0.05%) (on premium)
Currency Futures
₹250 per crore (0.0025%)
₹110 per Cr (0.0011%)
Currency Options
₹5500 per crore (on premium) (0.055%)
₹4000 per Cr (0.04%) (on premium)
Commodity
MCX - ₹300 per Cr (0.003%) | NCDEX - ₹400 per Cr (0.004%)
Indiabulls Vs Aditya Birla Money Exposure Margin
Indiabulls
Aditya Birla Money
Equity Delivery
1x (no margin)
Upto 5x with interest
Equity Intraday
Up to 5x (based on the stock)
15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product
Equity Futures
Intra-day: 4x | Carry forward: 1x (no margin)
Upto 3x
Equity Options
Intra-day: 4x | Carry forward: 1x
Nil
Currency Futures
Intra-day: 2x | Carry forward: 1x
3x
Currency Options
Intra-day: 2x | Carry forward: 1x
Nil
Commodity Futures
NA
4x
Commodity Options
NA
Indiabulls and Aditya Birla Money Feature Comparison
Indiabulls
Aditya Birla Money
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
SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)
Etrade, Advanced web, Mobile invest
Intraday Square-off Time
3:15
Other Features
Live News, World market summary
Insurance and Pension scheme available
Referral Program
Indiabulls Vs Aditya Birla Money Review
Indiabulls
Aditya Birla Money
45 Customer Reviews
12 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Indiabulls is Rated 3.2 / 5 based on 45 customer reviews Aditya Birla Money is Rated 2.6 / 5 based on 12 customer reviews
Indiabulls Vs Aditya Birla Money Investment Options
Indiabulls
Aditya Birla Money
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Mutual Funds
Indiabulls Vs Aditya Birla Money Customer Service
Indiabulls
Aditya Birla Money
24/7 Customer Service
Onine Live Chat
Through Branches
Indiabulls Vs Aditya Birla Money Order Type Offered
Indiabulls
Aditya Birla Money
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Indiabulls Vs Aditya Birla Money Research Report
Indiabulls
Aditya Birla Money
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Indiabulls Vs Aditya Birla Money Suitable For Investor Type
Indiabulls
Aditya Birla Money
Casual Investor
Active Investor
Trader
Indiabulls Vs Aditya Birla Money - Advantages and Disadvantages
Indiabulls
Aditya Birla Money
Pros
Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
Interest-free Margin Funding in Unlimited Trading plan.
Margin funding is available at a low cost of 12% per annum in ₹15/trade plan.
Free trading software.
Free research reports and trading tips to all the customers.
Years of experience, trust and good track record in stock broker business.
More Advantages...
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...
Cons
Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App.
Local branch support is not available to online customers.
Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans.
Margin against share is not available in Unlimited Trading Plans.
More Disadvantages...
Doesn't offer online account opening facility
Brokerage calculator is not available
Doesn't have Referral program
More Disadvantages...
Reviews
Promo / Offers
Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived) Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.
Get this limited time offer
Zerodha
Zero Account Opening Fee