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 Anand Rathi
Incorporated in 1994, Anand Rathi is one of the leading financial and investment service providers in India. Anand Rathi is a full-service broker. It offers a wide range of investment services including broking services for equities, commodities, IPOs, currency, derivatives, structure products, bonds and smart baskets.
Anand Rathi also offers insurance, corporate deposits and loans, portfolio management, research and advisory, margin funding, loan against shares, etc. There are no charges on ad...
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 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India.
Aditya Birla Money | Anand Rathi | |
---|---|---|
Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE, MCX | NSE, BSE, MCX, & NCDEX |
Year of Incorporation | 1994 | 1994 |
Number of Branches | 800 | 1200 |
Aditya Birla Money trading account opening charges is Rs 750 while Anand Rathi account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Anand Rathi Demat Account AMC Charges is 450 + GST 18% = 532 (1st year free).
Aditya Birla Money | Anand Rathi | |
---|---|---|
Trading Account Opening Charges | Rs 750 | Rs 0 (Free) |
Trading Account AMC Charges | Nil | Rs 0 (Free) |
Demat Account Opening Charges | Nil | Rs 0 (Free) |
Demat Account AMC Charges | Rs 436 | 450 + GST 18% = 532 (1st year free) |
Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas Anand Rathi brokerage charges for equity is 0.20% and intraday is 0.02%.
Account Type | Aditya Birla Money Trade20 | Anand Rathi Standard Plan |
---|---|---|
Fixed Charges | NA | |
Equity Delivery | 20 | 0.20% |
Equity Intraday | 20 | 0.02% |
Equity Futures | 20 | 0.02% |
Equity Options | 20 | Rs 50 per lot |
Currency Futures | 20 | 0.02% |
Currency Options | 20 | Rs 20 per lot |
Commodity Futures | 0.02% | |
Commodity Options | Rs 100 per lot | |
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 | Anand Rathi | |
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Account Type | Trade15 (Subscription Rs 999) | Standard Plan |
Fixed Charges | NA | |
Equity Delivery | 15 | 0.20% |
Equity Intraday | 15 | 0.02% |
Equity Futures | 15 | 0.02% |
Equity Options | 15 | Rs 50 per lot |
Currency Futures | 15 | 0.02% |
Currency Options | 15 | Rs 20 per lot |
Commodity Futures | 0.02% | |
Commodity Options | Rs 100 per lot | |
Aditya Birla Money | Anand Rathi | |
---|---|---|
Account Type | Trade10 (Subscription Rs 2499) | Standard Plan |
Fixed Charges | NA | |
Equity Delivery | 10 | 0.20% |
Equity Intraday | 10 | 0.02% |
Equity Futures | 10 | 0.02% |
Equity Options | 10 | Rs 50 per lot |
Currency Futures | 10 | 0.02% |
Currency Options | 10 | Rs 20 per lot |
Commodity Futures | 0.02% | |
Commodity Options | Rs 100 per lot | |
Minimum Brokerage | Rs 20 per executed order | Rs 25 |
Other Charges | ||
Call & Trade Charges | Nil | Rs 0 (Free) |
Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Anand Rathi margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Aditya Birla Money | Anand Rathi | |
---|---|---|
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. Anand Rathi offers TradeMobi, Trade Xpress+ and Tr@de X’pro trading software.
Aditya Birla Money | Anand Rathi | |
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3 in 1 Account | ![]() | ![]() |
Automated Trading | ![]() | ![]() |
Margin Trading Funding | ![]() | ![]() |
Margin Against Shares (Equity Cash) | ![]() | ![]() |
Margin Against Shares (Equity F&O) | ![]() | ![]() |
Trading Platform | Etrade, Advanced web, Mobile invest | TradeMobi, Trade Xpress+ and Tr@de X’pro |
Intraday Square-off Time | 3:15 | 3:15 PM |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | Insurance and Pension scheme available | |
Aditya Birla Money is rated of 5 based on 30 customer reviews whereas Anand Rathi is rated of 5 based on 18 customer reviews.
Aditya Birla Money | Anand Rathi | |
---|---|---|
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 | Anand Rathi | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
Aditya Birla Money | Anand Rathi | |
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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 | Anand Rathi | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
Aditya Birla Money | Anand Rathi | |
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Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O