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

Sharekhan Logo

About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices). Designed for serious Investors and Trader... 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 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas Aditya Birla Money brokerage charges for equity is 20 and intraday is 20.

Account Type Sharekhan Classic Account Aditya Birla Money Trade20
Fixed Charges
Equity Delivery 0.30% on market rate or minimum 1 paisa per share 20
Equity Intraday 0.02% on market rate or minimum 1 paisa per share 20
Equity Futures 0.02% per transaction value 20
Equity Options Rs 20 per lot 20
Currency Futures 0.02% per transaction value 20
Currency Options Rs 5 per lot 20
Commodity Futures 0.02%
Commodity Options Rs 20 per lot
Special Offer

Zerodha (Flat Rs 20 Per Trade)

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.

Zerodha (Flat Rs 20 Per Trade)

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 Trade15 (Subscription Rs 999)
Fixed Charges Rs 1,00,000 per year
Equity Delivery 0.10% 15
Equity Intraday 0.015% 15
Equity Futures 0.015% 15
Equity Options 0.05% or Rs 63 per lot 15
Currency Futures 15
Currency Options 15
Commodity Futures
Commodity Options

Sharekhan Vs Aditya Birla Money Brokerage Plan 3

  Sharekhan Aditya Birla Money
Account Type Margin - Rs 1 Lakh Trade10 (Subscription Rs 2499)
Fixed Charges Rs 1,00,000 margin
Equity Delivery 0.25% 10
Equity Intraday 0.05% 10
Equity Futures 0.05% 10
Equity Options 1% or Rs 70 per lot 10
Currency Futures 10
Currency Options 10
Commodity Futures
Commodity Options

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 5050 per Cr (0.0505%) (on premium) while Aditya Birla Money exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Sharekhan Aditya Birla Money
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% 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 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 312 customer reviews whereas Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews.

  Sharekhan Aditya Birla Money
  312 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 312 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 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. 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
  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.
  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
  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
Reviews
Promo / Offers

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.

Open Instant Demat Account Read Reviews

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.

Open Instant Demat Account Read Reviews

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