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 Securitie... 
About Arihant Capital
Established in 1992, Arihant Capital Markets Limited is a relationship-driven financial services firm with a wide physical presence across India. Its offerings extend beyond trading to include long-term investment and wealth solutions across equities, derivatives, mutual funds, fixed income, PMS, and specialised services for HNIs and NRIs.
Backed by institutional-grade research, portfolio reportin...
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 1992, Arihant Capital is a Full Service Broker. It offers trading at BSE, NSE. It has 700 branches across India.
| Â | Aditya Birla Money | Arihant Capital |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 1994 | 1992 |
| Number of Branches | 800 | 700 |
Aditya Birla Money trading account opening charges is Rs 750 while Arihant Capital account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Arihant Capital Demat Account AMC Charges is 1st year Nil; from 2nd year onwards Rs 362 p.a..
| Â | Aditya Birla Money | Arihant Capital |
|---|---|---|
| Trading Account Opening Charges | Rs 750 | Rs 0 (Free) |
| Trading Account AMC Charges | Nil | Rs 0 |
| Demat Account Opening Charges | Nil | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 436 | 1st year Nil; from 2nd year onwards Rs 362 p.a. |
Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas Arihant Capital brokerage charges for equity is Rs 20 per order | 0.03% (whichever is lower) and intraday is Rs 20 per order | 0.03% (whichever is lower).
| Account Type | Aditya Birla Money Trade20 | Arihant Capital |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 20 | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Intraday | 20 | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Futures | 20 | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Options | 20 | Rs 50 per lot |
| Currency Futures | 20 | 0.01% of order value |
| Currency Options | 20 | Rs 10 per lot |
| Commodity Futures | MCX: 0.02% order value NCDEX: 0.02% order value | |
| Commodity Options | MCX: Rs 50 per lot NCDEX: Rs 20 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. |
| Â | Aditya Birla Money | Arihant Capital |
|---|---|---|
| Account Type | Trade15 (Subscription Rs 999) | |
| Fixed Charges | ||
| Equity Delivery | 15 | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Intraday | 15 | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Futures | 15 | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Options | 15 | Rs 50 per lot |
| Currency Futures | 15 | 0.01% of order value |
| Currency Options | 15 | Rs 10 per lot |
| Commodity Futures | MCX: 0.02% order value NCDEX: 0.02% order value | |
| Commodity Options | MCX: Rs 50 per lot NCDEX: Rs 20 per lot | |
| Â | Aditya Birla Money | Arihant Capital |
|---|---|---|
| Account Type | Trade10 (Subscription Rs 2499) | |
| Fixed Charges | ||
| Equity Delivery | 10 | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Intraday | 10 | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Futures | 10 | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Options | 10 | Rs 50 per lot |
| Currency Futures | 10 | 0.01% of order value |
| Currency Options | 10 | Rs 10 per lot |
| Commodity Futures | MCX: 0.02% order value NCDEX: 0.02% order value | |
| Commodity Options | MCX: Rs 50 per lot NCDEX: Rs 20 per lot | |
| Minimum Brokerage | Rs 20 per executed order | Rs 20 |
| Other Charges | Online Bank Transfer Charges Rs 0 | |
| Call & Trade Charges | Nil | Rs 0 |
Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Arihant Capital margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Â | Aditya Birla Money | Arihant Capital |
|---|---|---|
| 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. Arihant Capital offers ArihantPlus App trading software.
| Â | Aditya Birla Money | Arihant Capital |
|---|---|---|
| 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 | ArihantPlus App |
| Intraday Square-off Time | 3:15 | |
| 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 Arihant Capital is rated of 5 based on 0 customer reviews.
| Â | Aditya Birla Money | Arihant Capital |
|---|---|---|
|  | 30 Customer Reviews     | 0 Customer Reviews    |
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| Broker Rating | Aditya Birla Money is Rated 3.0 / 5 based on 30 customer reviews | Arihant Capital is Rated / 5 based on 0 customer reviews |
| Â | Aditya Birla Money | Arihant Capital |
|---|---|---|
| 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. |
| Â | Aditya Birla Money | Arihant Capital |
|---|---|---|
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| Bond / NCD | | |
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| Â | Aditya Birla Money | Arihant Capital |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Â | Aditya Birla Money | Arihant Capital |
|---|---|---|
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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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