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

Sharekhan Logo

About Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan

Aditya Birla Money Ltd Logo

About 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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Sharekhan Vs Aditya Birla Money

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 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.

  Sharekhan Aditya Birla Money
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2000 1994
Number of Branches 2800 800
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Sharekhan Vs Aditya Birla Money Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Aditya Birla Money account opening changes is Rs 750. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Aditya Birla Money Demat Account AMC Charges is Rs 436.

  Sharekhan Aditya Birla Money
Trading Account Opening Charges Rs 0 (Free) Rs 750
Trading Account AMC Charges Rs 0 (Free) Nil
Demat Account Opening Charges Rs 0 (Free) Nil
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 436

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Sharekhan Vs Aditya Birla Money Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03%.

Account Type Sharekhan Classic Account Aditya Birla Money
Fixed Charges
Equity Delivery 0.50% 0.30%
Equity Intraday 0.10% 0.03%
Equity Futures 0.10% 0.03%
Equity Options Rs 50 per lot Rs 50 per lot
Currency Futures 0.10% 0.03%
Currency Options Rs 30 per lot Rs 50 per lot
Commodity Futures 0.03% 0.03%
Commodity Options 0.03% Nil
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Sharekhan Vs Aditya Birla Money Brokerage Plan 2

  Sharekhan Aditya Birla Money
Account Type Prepaid - Rs 1 Lakh
Fixed Charges Rs 1,00,000 per year
Equity Delivery 0.10% 0.30%
Equity Intraday 0.015% 0.03%
Equity Futures 0.015% 0.03%
Equity Options 0.05% or Rs 63 per lot Rs 50 per lot
Currency Futures 0.03%
Currency Options Rs 50 per lot
Commodity Futures 0.03%
Commodity Options Nil
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Sharekhan Vs Aditya Birla Money Brokerage Plan 3

  Sharekhan Aditya Birla Money
Account Type Margin - Rs 1 Lakh
Fixed Charges Rs 1,00,000 margin
Equity Delivery 0.25% 0.30%
Equity Intraday 0.05% 0.03%
Equity Futures 0.05% 0.03%
Equity Options 1% or Rs 70 per lot Rs 50 per lot
Currency Futures 0.03%
Currency Options Rs 50 per lot
Commodity Futures 0.03%
Commodity Options Nil
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Sharekhan Charges Vs Aditya Birla Money

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 20 per executed order
Other Charges
Call & Trade Charges Rs 20 Nil

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Sharekhan Vs Aditya Birla Money Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Aditya Birla Money exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

  Sharekhan Aditya Birla Money
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) Rs 325 per Cr (0.00325%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) Rs 325 per Cr (0.00325%)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) Rs 190 per Cr (0.0019%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) Rs 110 per Cr (0.0011%)
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) Rs 4000 per Cr (0.04%) (on premium)
Commodity MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)
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Sharekhan Vs Aditya Birla Money Leverage (Margin)

Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Aditya Birla Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Sharekhan Aditya Birla Money
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Sharekhan and Aditya Birla Money Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Aditya Birla Money offers Etrade, Advanced web, Mobile invest trading software.

  Sharekhan 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 Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O)
Trading Platform TradeTiger, Sharekhan Mobile Etrade, Advanced web, Mobile invest
Intraday Square-off Time 3:30 PM 3:15
Trading In SME Shares Allowed?
Referral Program
Other Features Pattern finder, Class room training Insurance and Pension scheme available
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Sharekhan Vs Aditya Birla Money Review

Sharekhan is rated 3.3 of 5 based on 310 customer reviews whereas Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews.

  Sharekhan Aditya Birla Money
  310 Customer Reviews    Rate Sharekhan 30 Customer Reviews    Rate Aditya Birla Money
Fees 3.0 3.2
Brokerage 2.8 3.2
Trading Platform 3.7 3.3
Customer Service 3.3 2.9
Research Capabilities 3.1 3.7
Overall Ratings Rated 3.3 stars Rated 3.0 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 310 customer reviews Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire Aditya Birla Money Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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Sharekhan Vs Aditya Birla Money Investment Options

  Sharekhan 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 Loans, NRI Trading Mutual Funds

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Sharekhan Vs Aditya Birla Money Order Type Offered

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

  Sharekhan 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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Sharekhan Vs Aditya Birla Money Suitable For Investor Type

  Sharekhan Aditya Birla Money
Casual Investor Yes Yes
Active Investor Yes
Trader

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Sharekhan Vs Aditya Birla Money - Pros and Cons

  Sharekhan Aditya Birla Money
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.
  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
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
Reviews
Promo / Offers

Sharekhan Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

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

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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