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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...
About SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians and N...
Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.
Aditya Birla Money | SBI Securities | |
---|---|---|
Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
Year of Incorporation | 1994 | 2001 |
Number of Branches | 800 | 117 |
Aditya Birla Money trading account opening charges is Rs 750 while SBI Securities account opening changes is Rs 850. Aditya Birla Money Demat Account AMC Charges is Rs 436 and SBI Securities Demat Account AMC Charges is Rs 750 (Free for 1st Year).
Aditya Birla Money | SBI Securities | |
---|---|---|
Trading Account Opening Charges | Rs 750 | Rs 850 |
Trading Account AMC Charges | Nil | |
Demat Account Opening Charges | Nil | |
Demat Account AMC Charges | Rs 436 | Rs 750 (Free for 1st Year) |
Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05%.
Account Type | Aditya Birla Money Trade20 | SBI Securities |
---|---|---|
Fixed Charges | ||
Equity Delivery | 20 | 0.50% |
Equity Intraday | 20 | 0.05% |
Equity Futures | 20 | 0.05% |
Equity Options | 20 | Rs 100 per lot (sell and buy side) |
Currency Futures | 20 | 0.03% |
Currency Options | 20 | Rs 30 per lot |
Commodity Futures | 0.05% | |
Commodity Options | Rs 100 (sell and buy side) | |
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. |
Aditya Birla Money | SBI Securities | |
---|---|---|
Account Type | Trade15 (Subscription Rs 999) | |
Fixed Charges | ||
Equity Delivery | 15 | 0.50% |
Equity Intraday | 15 | 0.05% |
Equity Futures | 15 | 0.05% |
Equity Options | 15 | Rs 100 per lot (sell and buy side) |
Currency Futures | 15 | 0.03% |
Currency Options | 15 | Rs 30 per lot |
Commodity Futures | 0.05% | |
Commodity Options | Rs 100 (sell and buy side) | |
Aditya Birla Money | SBI Securities | |
---|---|---|
Account Type | Trade10 (Subscription Rs 2499) | |
Fixed Charges | ||
Equity Delivery | 10 | 0.50% |
Equity Intraday | 10 | 0.05% |
Equity Futures | 10 | 0.05% |
Equity Options | 10 | Rs 100 per lot (sell and buy side) |
Currency Futures | 10 | 0.03% |
Currency Options | 10 | Rs 30 per lot |
Commodity Futures | 0.05% | |
Commodity Options | Rs 100 (sell and buy side) | |
Minimum Brokerage | Rs 20 per executed order | Rs 0.05 for Cash, Rs 0.01 Future |
Other Charges | ||
Call & Trade Charges | Nil | Rs 10 per call (after 30 free calls a month) |
Aditya Birla Money transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while SBI Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).
Aditya Birla Money | SBI Securities | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%) | |
Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SBI Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Aditya Birla Money | SBI Securities | |
---|---|---|
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) |
The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.
Aditya Birla Money | SBI Securities | |
---|---|---|
3 in 1 Account | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
Trading Platform | Etrade, Advanced web, Mobile invest | SBI Smart Express, SBI Smart Web, SBI Smart Mobile |
Intraday Square-off Time | 3:15 | 2:45 PM |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Insurance and Pension scheme available | |
Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews whereas SBI Securities is rated 2.5 of 5 based on 163 customer reviews.
Aditya Birla Money Enquire | SBI Securities 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. |
Aditya Birla Money | SBI Securities | |
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Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Mutual Funds |
Aditya Birla Money | SBI Securities | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
Aditya Birla Money | SBI Securities | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
Aditya Birla Money | SBI Securities | |
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Casual Investor | ||
Active Investor | ||
Trader |
Aditya Birla Money | SBI Securities | |
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Reviews | ||
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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