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 Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company.
The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India.
Fyers is a low brokerage stock broker in India. ...
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 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India.
Aditya Birla Money | Fyers | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
Year of Incorporation | 1994 | 2015 |
Number of Branches | 800 | 2 |
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Aditya Birla Money trading account opening charges is Rs 750 while Fyers account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime).
Aditya Birla Money | Fyers | |
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Trading Account Opening Charges | Rs 750 | Rs 0 (Free) |
Trading Account AMC Charges | Nil | Rs 0 (Free AMC for Lifetime) |
Demat Account Opening Charges | Nil | Rs 0 (Free) |
Demat Account AMC Charges | Rs 436 | Rs 0 (Free AMC for Lifetime) |
Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas Fyers brokerage charges for equity is 0.03% or Rs 20, whichever is lower and intraday is 0.03% or Rs 20, whichever is lower.
Account Type | Aditya Birla Money Trade20 | Fyers Flat Fee Brokerage Plan |
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Fixed Charges | NA | |
Equity Delivery | 20 | 0.03% or Rs 20, whichever is lower |
Equity Intraday | 20 | 0.03% or Rs 20, whichever is lower |
Equity Futures | 20 | 0.03% or Rs 20, whichever is lower |
Equity Options | 20 | Rs 20 per executed order |
Currency Futures | 20 | 0.03% or Rs 20, whichever is lower |
Currency Options | 20 | Rs 20 per executed order |
Commodity Futures | 0.03% or Rs 20, whichever is lower | |
Commodity Options | Rs 20 per executed order | |
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. |
Aditya Birla Money | Fyers | |
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Account Type | Trade15 (Subscription Rs 999) | Flat Fee Brokerage Plan |
Fixed Charges | NA | |
Equity Delivery | 15 | 0.03% or Rs 20, whichever is lower |
Equity Intraday | 15 | 0.03% or Rs 20, whichever is lower |
Equity Futures | 15 | 0.03% or Rs 20, whichever is lower |
Equity Options | 15 | Rs 20 per executed order |
Currency Futures | 15 | 0.03% or Rs 20, whichever is lower |
Currency Options | 15 | Rs 20 per executed order |
Commodity Futures | 0.03% or Rs 20, whichever is lower | |
Commodity Options | Rs 20 per executed order | |
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Aditya Birla Money | Fyers | |
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Account Type | Trade10 (Subscription Rs 2499) | Flat Fee Brokerage Plan |
Fixed Charges | NA | |
Equity Delivery | 10 | 0.03% or Rs 20, whichever is lower |
Equity Intraday | 10 | 0.03% or Rs 20, whichever is lower |
Equity Futures | 10 | 0.03% or Rs 20, whichever is lower |
Equity Options | 10 | Rs 20 per executed order |
Currency Futures | 10 | 0.03% or Rs 20, whichever is lower |
Currency Options | 10 | Rs 20 per executed order |
Commodity Futures | 0.03% or Rs 20, whichever is lower | |
Commodity Options | Rs 20 per executed order | |
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Minimum Brokerage | Rs 20 per executed order | Intra-day: 0.03% or Rs 20, whichever is lower |
Other Charges | Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery) | |
Call & Trade Charges | Nil | Rs 50 per trade |
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Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Fyers margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Aditya Birla Money | Fyers | |
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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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The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Fyers offers Fyers App, Fyers Web, Fyers Next trading software.
Aditya Birla Money | Fyers | |
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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 | Fyers App, Fyers Web, Fyers Next |
Intraday Square-off Time | 3:15 | 3:15 PM |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | Insurance and Pension scheme available | API Trading, Algo Trading and Insta Options is available, which is designed for options traders. |
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Aditya Birla Money is rated of 5 based on 30 customer reviews whereas Fyers is rated of 5 based on 37 customer reviews.
Aditya Birla Money | Fyers | |
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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. |
Aditya Birla Money | Fyers | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
Aditya Birla Money | Fyers | |
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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) | ![]() | ![]() |
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Aditya Birla Money | Fyers | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
Aditya Birla Money | Fyers | |
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Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Fyers Special OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
Open Fyers Account |