Aditya Birla Money Vs Firstock NRI Account Comparison

Aditya Birla Money Vs Firstock

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

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

Our Aditya Birla Money Ltd comparison with Firstock Broking Private Limited highlights the major differences between two brokers. Find the best between Aditya Birla Money and Firstock NRI Account.

 Aditya Birla MoneyFirstock
 
 Aditya Birla Money LogoFirstock 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 LtdFirstock is a discount brokerage firm that offers Non-Resident Indians (NRIs) the ability to invest in the Indian stock market through a hybrid account opening process combining online and offline steps. NRIs can trade in equity delivery and derivati...Know more about Firstock Broking Private Limited
Account TypeEquity (PIS)
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: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

Aditya Birla Money Vs Firstock Charges

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 Aditya Birla MoneyFirstock
NRI Account Opening Fees₹750
NRI Account AMC₹450
NRI Demat Account Opening FeesNilRs 0 (Free)
NRI Demat Account AMCRs 436Rs 0 (Free)
PIS Account AMC
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Aditya Birla Money Vs Firstock NRI Account Brokerage Comparison

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Account TypeAditya Birla Money Firstock Equity (PIS)
Equity Delivery0.5% or Rs 200 per order, whichever is lower
Equity FuturesRs 100 per executed order
Equity OptionsRs 100 per executed order
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Other Charges

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Contract Note Reporting Charges₹25 for BSE | ₹50 for NSE
Other Brokerage ChargesEquity (Non-PIS) - 0.5% or Rs 100 per order, whichever is lower
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%

Aditya Birla Money Vs Firstock NRI Account Taxes/Fees

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 Aditya Birla MoneyFirstock
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.

Aditya Birla Money Vs Firstock NRI Account Margin

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 Aditya Birla Money MarginFirstock 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.

Aditya Birla Money and Firstock NRI Account Features

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

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 Aditya Birla Money ReviewFirstock Review
 30 Customer Reviews    Rate Aditya Birla Money1 Customer Reviews    Rate Firstock
FeesRated 3.2 starsRated 3.0 stars
BrokerageRated 3.2 starsRated 3.0 stars
Trading PlatformRated 3.3 starsRated 3.0 stars
Customer ServiceRated 2.9 starsRated 3.0 stars
Overall RatingRated 3.0 starsRated 3.0 stars
Broker RatingAditya Birla Money is Rated 3.0 / 5 based on 30 customer reviewsFirstock is Rated 3.0 / 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

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 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.
Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

Aditya Birla Money Vs Firstock NRI Investment Options

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 Aditya Birla MoneyFirstock
StocksYesYes
Initial Public Offers (IPO)YesNo
Mutual FundsYesNo
Other Investment Options

Aditya Birla Money Vs Firstock NRI Customer Service

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 Aditya Birla MoneyFirstock
Customer Care Number18002707000
Customer Care Email
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Aditya Birla Money Vs Firstock Order Type Offered for NRI Account

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

Aditya Birla Money Vs Firstock - NRI Account Advantages and Disadvantages

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 Aditya Birla MoneyFirstock
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
  • No RBI approval is needed if you choose the Non-PIS route.
  • Lower compliance and paperwork.
  • Futures & Options trading is permitted.
  • Competitive brokerage and clearing charges.
  • Fully digital initiation of the process.

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.
  • Physical document submission and IPV are mandatory.
  • F&O trading is not available through NRE–PIS accounts.
  • A custodian account is required for 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.

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

FirstockSpecial Offer

Unlimited Trades @ ZERO Brokerage on Delivery trades

  • Rs 0 brokerage on Delivery.
  • Rs 20 per executed order on F&O and Intraday.

This is a limited-time offer. Open a Free Demat Account online and start trading today.

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