Aditya Birla Money Vs Zerodha NRI Account Comparison
The side-by-side comparison of Aditya Birla Money and Zerodha NRI Account. Compare Aditya Birla Money Vs Zerodha NRI Account brokerage charges, exposure margin, demat account and AMC. Read Zerodha and Aditya Birla Money NRI Account reviews.
Find out Aditya Birla Money Vs Zerodha which is better NRI Trading Account. See Aditya Birla Money Vs Zerodha which is best NRI Demat Account.
Our Aditya Birla Money Ltd comparison with Zerodha highlights the major differences between two brokers. Find the best between Aditya Birla Money and Zerodha NRI Account.
Aditya Birla Capital Limited (ABCL) is a well-known financial services company offering trading, insurance, and mutual funds, etc. to non-resident Indians. Aditya Birla Money Ltd (ABML), a subsidiary of Aditya Birla Capital, offers stock broking serv...
Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account...
Account Type
NRI Account
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.
Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
0.01% on delivery based turnover and 0.002% on non-delivery based turnover.
0.01% on delivery based turnover and 0.002% on non-delivery based turnover.
Aditya Birla Money Vs Zerodha NRI Account Margin
Aditya Birla Money Margin
Zerodha Margin
Equity Delivery
1x
1x
Equity Futures
1x
1x
Equity Options
1x
1x
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.
Aditya Birla Money and Zerodha NRI Account Features
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 without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
Aditya Birla Money Vs Zerodha NRI Investment Options
Aditya Birla Money
Zerodha
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Aditya Birla Money Vs Zerodha NRI Customer Service
Aditya Birla Money Vs Zerodha Order Type Offered for NRI Account
Aditya Birla Money
Zerodha
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Aditya Birla Money Vs Zerodha - NRI Account Advantages and Disadvantages
Aditya Birla Money
Zerodha
Pros
Part of Aditya Birla group, a financial services conglomerate
Provides a wide range of financial services under one roof
Offers research advice and stock recommendations
Discount stock broker offer trading at a low brokerage charges. Zerodha charges Rs 200 per trade (PIS Account) and Rs 100 per trade (Non-PIS account) whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for Rs 1 lakh, you pay Rs 750 with a full-service stock broker whereas Zerodha will charge you Rs 200.
India's largest stock broker in terms of active customers.
Offers access to best-in-industry trading software and tools.
Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank Account.
Cons
Doesn't offer a 3-in-1 account and separate account opening increases the paperwork.
Doesn't offer an IPO investment option.
Robo advisory facility is not available.
Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
Doesn't offer Mutual Funds to NRI customers.
Doesn't provide research reports or analysis.
Conclusion
Aditya Birla Capital is a well-known name when it comes to financial services. However, when it comes to trading & investment services for NRIs it doesn't measure up to its reputation. The company doesn't have a major USP for NRIs. It doesn't offer 3-in-1 accounts. The choices in trading platforms are limited. There are many better options available in the market.
Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds