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Aditya Birla Money Vs SBI Securities (Compare Aditya Birla Money and SBI Securities)

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

SBICAP Securities Ltd Logo

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... Know more about SBICAP Securities Ltd

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Aditya Birla Money Vs SBI Securities

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

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Aditya Birla Money Vs SBI Securities Charges & AMC

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)

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Aditya Birla Money Vs SBI Securities Brokerage

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 Vs SBI Securities Brokerage Plan 2

  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 Vs SBI Securities Brokerage Plan 3

  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)

Aditya Birla Money Charges Vs SBI Securities

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)

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Aditya Birla Money Vs SBI Securities Transaction Charges

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%)

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Aditya Birla Money Vs SBI Securities Leverage (Margin)

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)

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Compare Aditya Birla Money and SBI Securities Features

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 No Yes
Charting Yes No
Automated Trading No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes
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

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Aditya Birla Money Vs SBI Securities Review

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 SBI Securities
  30 Customer Reviews    Rate Aditya Birla Money 163 Customer Reviews    Rate SBI Securities
Fees 3.2 3.0
Brokerage 3.2 2.7
Trading Platform 3.3 2.6
Customer Service 2.9 2.8
Research Capabilities 3.7 2.4
Overall Ratings Rated 3.0 stars Rated 2.5 stars
Broker Rating Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews SBI Securities is rated 2.5 of 5 based on 163 customer reviews

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Contact Broker / Request A Call Back

  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.

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Aditya Birla Money Vs SBI Securities Investment Options

  Aditya Birla Money SBI Securities
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds

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Aditya Birla Money Vs SBI Securities Order Type Offered

  Aditya Birla Money SBI Securities
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No No
Good Till Cancelled (GTC) Yes No

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Aditya Birla Money Vs SBI Securities Research Report

  Aditya Birla Money SBI Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Aditya Birla Money Vs SBI Securities Suitable For Investor Type

  Aditya Birla Money SBI Securities
Casual Investor Yes Yes
Active Investor
Trader

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Aditya Birla Money Vs SBI Securities - Pros and Cons

  Aditya Birla Money SBI Securities
Pros
  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
  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.
Cons
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.
Reviews
Promo / Offers

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  Special Offer - Free Equity Delivery and Mutual Funds

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

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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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