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


Religare
Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant services. Incorporated in 1986, Religare Securities Ltd (RSL) is a subsidiary of Religare Enterprises Limited, New Delhi based diversified financial group. Religare Securities offers retail broking, depository services and other related investme... Know more about Religare


Aditya Birla Money
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 is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ("NSDL") and the Central Depository Services (India) Limited ("CDSL"). The comp... Know more about Aditya Birla Money Ltd

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Religare Vs Aditya Birla Money

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India.

  Religare Aditya Birla Money
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1994 1994
Number of Branches 1500 800
Open an Online Trading Account with Religare.Open an Online Trading Account with Aditya Birla Money.
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Religare Vs Aditya Birla Money Charges & AMC

Religare trading account opening charges is Rs 500 while Aditya Birla Money account opening changes is Rs 750. Religare Demat Account AMC Charges is Rs 400 from second year onward and Aditya Birla Money Demat Account AMC Charges is Rs 436.

  Religare Aditya Birla Money
Trading Account Opening Charges Rs 500 Rs 750
Trading Account AMC Charges Nil Nil
Demat Account Opening Charges Nil Nil
Demat Account AMC Charges Rs 400 from second year onward Rs 436
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Religare Vs Aditya Birla Money Brokerage Charges & Plans

Religare Vs Aditya Birla Money Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03%.

  Religare Aditya Birla Money
Account Type My Saver Online Plan
Fixed Charges
Equity Delivery 0.50% to 0.10% 0.30%
Equity Intraday 0.050% to 0.010% 0.03%
Equity Futures 0.05% 0.03%
Equity Options Rs 70 per lot Rs 50 per lot
Currency Futures 0.05% 0.03%
Currency Options Rs 30 per lot Rs 50 per lot
Commodity Futures 0.05% 0.03%
Commodity Options Rs 30 per lot Nil
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. Get the offer

Religare Charges Vs Aditya Birla Money

Minimum Brokerage 1p per share Rs 20 per executed order
Other Charges
Call & Trade Charges Rs 10 per executed order (max Rs 50 per day) Nil
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Religare Vs Aditya Birla Money Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Aditya Birla Money exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

  Religare Aditya Birla Money
Equity Delivery 0.0037% Rs 325 per Cr (0.00325%)
Equity Intraday 0.0037% Rs 325 per Cr (0.00325%)
Equity Futures 0.004% Rs 190 per Cr (0.0019%)
Equity Options 0.06% on Premium Rs 5000 per Cr (0.05%) (on premium)
Currency Futures 0.004% Rs 110 per Cr (0.0011%)
Currency Options 0.06% on Premium Rs 4000 per Cr (0.04%) (on premium)
Commodity 0.0035% MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)
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Religare Vs Aditya Birla Money Leverage (Margin)

Religare margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Aditya Birla Money 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.

  Religare Aditya Birla Money
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)
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Compare Religare and Aditya Birla Money Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Aditya Birla Money offers Etrade, Advanced web, Mobile invest trading software.

  Religare Aditya Birla Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O)
Trading Platform Odin Diet, Web, Dynami Etrade, Advanced web, Mobile invest
Intraday Square-off Time 3:15
Other Features Mutual Fund, EMI Calculator Insurance and Pension scheme available
Referral Program
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Religare Vs Aditya Birla Money Review

Religare is rated 2.9 of 5 based on 77 customer reviews whereas Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews.

  Religare Aditya Birla Money
  77 Customer Reviews    Rate Religare 21 Customer Reviews    Rate Aditya Birla Money
Fees 3.2 3.1
Brokerage 3.1 3.1
Trading Platform 3.0 3.0
Customer Service 2.9 2.8
Research Capabilities 3.2 3.7
Overall Ratings Rated 2.9 stars Rated 2.9 stars
Broker Rating Religare is rated 2.9 of 5 based on 77 customer reviews Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  Religare Enquire Aditya Birla Money Enquire
Contact Broker Get Free Trading + Demat Account for limited time. Get the offer
Leave your contact information and we will get in touch with you....
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Religare Vs Aditya Birla Money Investment Options

  Religare Aditya Birla Money
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds
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Religare Vs Aditya Birla Money Order Type Offered

  Religare Aditya Birla Money
Bracket Order No No
Cover Order No No
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No No
Good Till Cancelled (GTC) Yes Yes
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Religare Vs Aditya Birla Money Research Report

  Religare Aditya Birla Money
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Religare Vs Aditya Birla Money Suitable For Investor Type

  Religare Aditya Birla Money
Casual Investor Yes
Active Investor
Trader
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Religare Vs Aditya Birla Money - Pros and Cons

  Religare Aditya Birla Money
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.
  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
Cons
  • EXE Based trading terminal are available for Rs 999 per annum.
  • Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
Reviews
Promo / Offers

Free Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

This is a limited time offer. Simply leave your contact information with us and Religare representatives will contact you.

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