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Sharekhan Vs Aditya Birla Money Share Broker Comparison

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

  Sharekhan Aditya Birla Money Ltd
 
Sharekhan Logo Aditya Birla Money Ltd Logo
About the Broker 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 & f... Know more about Sharekhan 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
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Classic Account
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Aditya Birla Money. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Sharekhan Aditya Birla Money Ltd
Trading Account Opening Fees ₹0 (Free) Rs 750
Trading Account AMC ₹0 (Free) Nil
Demat Account Opening Fees ₹0 (Free) Nil
Demat Account AMC ₹400 (Free for 1st year) Rs 436
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Sharekhan Aditya Birla Money Ltd
Account Type Classic Account
Fixed Charges
Equity Delivery Brokerage 0.50% 0.30%
Equity Intraday Brokerage 0.10% 0.03%
Equity Futures Brokerage 0.10% 0.03%
Equity Options Brokerage ₹50 per lot Rs 50 per lot
Currency Futures Trading Brokerage 0.10% 0.03%
Currency Options Trading Brokerage ₹30 per lot Rs 50 per lot
Commodity Futures Trading Brokerage 0.03% 0.03%
Commodity Options Trading Brokerage 0.03% Nil

Brokerage Plan 2

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

Brokerage Plan 3

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

Other Charges

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

  Sharekhan Aditya Birla Money Ltd
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

  Sharekhan Aditya Birla Money Ltd
Equity Delivery NSE ₹325 | BSE ₹275 0.00325%
Equity Intraday NSE ₹325 | BSE ₹275 0.00325%
Equity Futures NSE ₹190 | BSE ₹50 0.0019%
Equity Options NSE ₹5000 | BSE ₹50 0.05%
Currency Futures NSE ₹135 | MCX ₹130 0.0011%
Currency Options NSE ₹4220 | MCX ₹3220 0.04%
Commodity MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 MCX - 0.003%, NCDEX - 0.004%
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Exposure

  Sharekhan Aditya Birla Money Ltd
Equity Delivery Upto 5x with 24% interest per year Upto 5x with interest
Equity Intraday Upto 10x 15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product
Equity Futures 2x Upto 3x
Equity Options Nil Nil
Currency Futures Nil 3x
Currency Options Nil Nil
Commodity Upto 2x 4x
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Share Broker Features

  Sharekhan Aditya Birla Money Ltd
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 Available 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
Other Features Pattern finder, Class room training Insurance and Pension scheme available
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Broker Ratings (Average User Rating)

  Sharekhan Aditya Birla Money Ltd
  277 Customer Reviews    Rate Sharekhan 11 Customer Reviews    Rate Aditya Birla Money
Fees Ratings 3.1 2.5
Trading Brokerage Rating 2.9 2.9
Trading Platform Usability 3.7 2.2
Customer Service Ratings 3.4 2.5
Overall Ratings Rated 3.4 stars Rated 2.4 stars
Broker Rating Sharekhan is Rated 3.4 / 5 based on 277 customer reviews Aditya Birla Money is Rated 2.4 / 5 based on 11 customer reviews
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Contact Broker / Request A Call Back

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

  Sharekhan Aditya Birla Money Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (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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Customer Service Offered

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

  Sharekhan Aditya Birla Money Ltd
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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Research / Tips / Reports Published

  Sharekhan Aditya Birla Money Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

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

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Pros, Cons and Other Review Comments

  Sharekhan Aditya Birla Money Ltd
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.

More Advantages...

  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...

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 ₹400 as AMC for trading account in addition to ₹400 for demat account.

More Disadvantages...

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

More Disadvantages...

Reviews
Promo / Offers

Free Trading & Demat Account (for limited time only)

Sharekhan offers FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

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

Enquire about Sharekhan Enquire about Aditya Birla Money
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