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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 INDmoney
Founded in 2019, INDmoney Private Limited is India's "Super Finance App" that helps you manage, plan and grow your money and all in one place. With INDmoney, you can track your entire family's finances, set savings goals and invest in various options like Indian stocks, US stocks, mutual funds, ETFs, fixed deposits, IPOs and more.
INDmoney is registered with SEBI as an investment advisor. INDmoney acts as a trading and clearing member of NSE, BSE and BSE Star MF and provides transparency and se...
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 2019, INDmoney is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.
| Aditya Birla Money | INDmoney | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 1994 | 2019 |
| Number of Branches | 800 | 1 |
| Open INDmoney Account |
Aditya Birla Money trading account opening charges is Rs 750 while INDmoney account opening changes is Rs 0. Aditya Birla Money Demat Account AMC Charges is Rs 436 and INDmoney Demat Account AMC Charges is Rs 0.
| Aditya Birla Money | INDmoney | |
|---|---|---|
| Trading Account Opening Charges | Rs 750 | Rs 0 |
| Trading Account AMC Charges | Nil | Rs 0 |
| Demat Account Opening Charges | Nil | Rs 0 |
| Demat Account AMC Charges | Rs 436 | Rs 0 |
Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas INDmoney brokerage charges for equity is 0.05% of order value or Rs 20, whichever is lower and intraday is 0.05% of order value or Rs 20, whichever is lower.
| Account Type | Aditya Birla Money Trade20 | INDmoney Standard Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 20 | 0.05% of order value or Rs 20, whichever is lower |
| Equity Intraday | 20 | 0.05% of order value or Rs 20, whichever is lower |
| Equity Futures | 20 | Rs 20 per executed order |
| Equity Options | 20 | Rs 20 per executed order |
| Currency Futures | 20 | |
| Currency Options | 20 | |
| Commodity Futures | ||
| Commodity Options | ||
| 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 in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100. |
| Aditya Birla Money | INDmoney | |
|---|---|---|
| Account Type | Trade15 (Subscription Rs 999) | Standard Plan |
| Fixed Charges | ||
| Equity Delivery | 15 | 0.05% of order value or Rs 20, whichever is lower |
| Equity Intraday | 15 | 0.05% of order value or Rs 20, whichever is lower |
| Equity Futures | 15 | Rs 20 per executed order |
| Equity Options | 15 | Rs 20 per executed order |
| Currency Futures | 15 | |
| Currency Options | 15 | |
| Commodity Futures | ||
| Commodity Options | ||
| Open INDmoney Account |
| Aditya Birla Money | INDmoney | |
|---|---|---|
| Account Type | Trade10 (Subscription Rs 2499) | Standard Plan |
| Fixed Charges | ||
| Equity Delivery | 10 | 0.05% of order value or Rs 20, whichever is lower |
| Equity Intraday | 10 | 0.05% of order value or Rs 20, whichever is lower |
| Equity Futures | 10 | Rs 20 per executed order |
| Equity Options | 10 | Rs 20 per executed order |
| Currency Futures | 10 | |
| Currency Options | 10 | |
| Commodity Futures | ||
| Commodity Options | ||
| Open INDmoney Account |
| Minimum Brokerage | Rs 20 per executed order | Rs 2 |
| Other Charges | ||
| Call & Trade Charges | Nil | Rs 500 |
| Open INDmoney Account |
Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the INDmoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Aditya Birla Money | INDmoney | |
|---|---|---|
| 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) |
| Open INDmoney Account |
The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. INDmoney offers INDmoney App, INDstocks App and INDmoney Web Platform trading software.
| Aditya Birla Money | INDmoney | |
|---|---|---|
| 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 | INDmoney App, INDstocks App and INDmoney Web Platform |
| Intraday Square-off Time | 3:15 | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Insurance and Pension scheme available | |
| Open INDmoney Account |
Aditya Birla Money is rated of 5 based on 30 customer reviews whereas INDmoney is rated of 5 based on 1 customer reviews.
| Aditya Birla Money | INDmoney | |
|---|---|---|
30 Customer Reviews  | 1 Customer Reviews | |
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| Trading Platform |  |  |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating |  | |
| Broker Rating | Aditya Birla Money is Rated 3.0 / 5 based on 30 customer reviews | INDmoney is Rated 4.0 / 5 based on 1 customer reviews |
| Aditya Birla Money | INDmoney | |
|---|---|---|
| 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 in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100. |
| Aditya Birla Money | INDmoney | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Aditya Birla Money | INDmoney | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open INDmoney Account |
| Aditya Birla Money | INDmoney | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Aditya Birla Money | INDmoney | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| INDmoney Special OfferFree stock trading and mutual funds Account
Limited-time offer! Open your instant INDmoney account (FREE) online and start trading today. |
| Open INDmoney Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open INDmoney Account
