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Aditya Birla Money Vs Fyers NRI Account Comparison

The side-by-side comparison of Aditya Birla Money and Fyers NRI Account. Compare Aditya Birla Money Vs Fyers NRI Account brokerage charges, exposure margin, demat account and AMC. Read Fyers and Aditya Birla Money NRI Account reviews.

Find out Aditya Birla Money Vs Fyers which is better NRI Trading Account. See Aditya Birla Money Vs Fyers which is best NRI Demat Account.

Our Aditya Birla Money Ltd comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between Aditya Birla Money and Fyers NRI Account.

Aditya Birla Money Vs Fyers

 Aditya Birla MoneyFyers
 
 Aditya Birla Money LogoFyers Logo
About the BrokerAditya 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...Know more about Aditya Birla Money LtdFyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines. It offers a 2-in-1 account combining trading and demat accounts with trading in Equity d...Know more about Fyers Securities Ltd
Account TypeNRI 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 brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

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Aditya Birla Money Vs Fyers Charges

 Aditya Birla MoneyFyers
NRI Account Opening Fees₹750Free
NRI Account AMC₹450Free
NRI Demat Account Opening FeesNilRs 0 (Free)
NRI Demat Account AMCRs 436Rs 0 (Free AMC for Lifetime)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Fyers Account

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Aditya Birla Money Vs Fyers NRI Account Brokerage Comparison

Account TypeAditya Birla Money Fyers NRI Account
Equity Delivery₹50 and 0.5% for other services
Equity Futures₹50 per traded order
Equity Options₹50 per traded order
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Other Charges

Contract Note Reporting Charges₹25 for BSE | ₹50 for NSENA
Other Brokerage Charges
TDS Charges on Long Term Gain (Holding > 365 Days)11.96%11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days)17.94%17.94%
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Aditya Birla Money Vs Fyers NRI Account Taxes/Fees

 Aditya Birla MoneyFyers
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 exercised options)
  • 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 exercised options)
Exchange Transaction ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% 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.

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Aditya Birla Money Vs Fyers NRI Account Margin

 Aditya Birla Money MarginFyers Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

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.


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Aditya Birla Money and Fyers NRI Account Features

 Aditya Birla MoneyFyers
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsNoNo
Other Features
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Aditya Birla Money Vs Fyers NRI Account Review

 Aditya Birla Money ReviewFyers Review
 30 Customer Reviews    Rate Aditya Birla Money37 Customer Reviews    Rate Fyers
FeesRated 3.2 starsRated 3.4 stars
BrokerageRated 3.2 starsRated 3.5 stars
Trading PlatformRated 3.3 starsRated 3.2 stars
Customer ServiceRated 2.9 starsRated 2.9 stars
Overall RatingRated 3.0 starsRated 2.9 stars
Broker RatingAditya Birla Money is Rated 3.0 / 5 based on 30 customer reviewsFyers is Rated 2.9 / 5 based on 37 customer reviews
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Contact Broker / Request A Call Back

 Aditya Birla Money EnquireAditya 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 (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
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Aditya Birla Money Vs Fyers NRI Investment Options

 Aditya Birla MoneyFyers
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment Options

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Aditya Birla Money Vs Fyers NRI Customer Service

 Aditya Birla MoneyFyers
Customer Care Number18002707000080-45699999
Customer Care Emailsupport@fyers.in
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Aditya Birla Money Vs Fyers Order Type Offered for NRI Account

 Aditya Birla MoneyFyers
Bracket OrderNoNo
Cover OrderNoNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)NoNo

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Aditya Birla Money Vs Fyers - NRI Account Advantages and Disadvantages

 Aditya Birla MoneyFyers
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
  1. Free online account opening and AMC charges
  2. Free equity delivery trading. No brokerage for cash & carry trades.
  3. Discount stock broker offering ultra-low brokerage. Fyers charges flat Rs 20 per trade maximum brokerage across trading segments and irrespective of the size of the trade.
  4. No hidden charges. Very transparent fees/charges.
  5. In-house build trading platform offers flexibility to implement new features/services quickly.
  6. All trading software is available for free of charge.
  7. Fyers NRI account holders get access to research reports and economic calendar
  8. Refer your friends and earn 20% of the revenues generated by your friends, for life!
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.
  1. Fyers NRI account holders are not allowed to invest in currency derivatives.
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.

Fyers is a good option for NRIs who want to invest in the stock market and mutual funds in India. It has a Zero account opening and AMC charges. It offers a convenient way to invest with low brokerage charges. Fyers NRI account opening contact number - 080-45699999 and Fyers NRI account opening email ID - support@fyers.in.

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.

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FyersSpecial Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

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