About Mirae Asset Sharekhan
Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), Sharekhan App and Investiger App (available for Android and iOS devices).
Designed for serious Investors and Traders...
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...
Incorporated in 2000, Mirae Asset Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across 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.
Mirae Asset Sharekhan | Aditya Birla Money | |
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Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
Year of Incorporation | 2000 | 1994 |
Number of Branches | 2800 | 800 |
Mirae Asset Sharekhan trading account opening charges is Rs 0 (Free) while Aditya Birla Money account opening changes is Rs 750. Mirae Asset Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Aditya Birla Money Demat Account AMC Charges is Rs 436.
Mirae Asset Sharekhan | Aditya Birla Money | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 750 |
Trading Account AMC Charges | Rs 0 (Free) | Nil |
Demat Account Opening Charges | Rs 0 (Free) | Nil |
Demat Account AMC Charges | Rs 400 (Free for 1st year) | Rs 436 |
Mirae Asset Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas Aditya Birla Money brokerage charges for equity is 20 and intraday is 20.
Account Type | Mirae Asset Sharekhan Classic Account | Aditya Birla Money Trade20 |
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Fixed Charges | ||
Equity Delivery | 0.30% on market rate or minimum 1 paisa per share | 20 |
Equity Intraday | 0.02% on market rate or minimum 1 paisa per share | 20 |
Equity Futures | 0.02% per transaction value | 20 |
Equity Options | Rs 39 per lot | 20 |
Currency Futures | 0.02% per transaction value | 20 |
Currency Options | Rs 5 per lot | 20 |
Commodity Futures | 0.02% | |
Commodity Options | 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. |
Mirae Asset Sharekhan | Aditya Birla Money | |
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Account Type | Prepaid - Rs 1 Lakh | Trade15 (Subscription Rs 999) |
Fixed Charges | Rs 1,00,000 per year | |
Equity Delivery | 0.10% | 15 |
Equity Intraday | 0.015% | 15 |
Equity Futures | 0.015% | 15 |
Equity Options | 0.05% or Rs 63 per lot | 15 |
Currency Futures | 0.02% per transaction value | 15 |
Currency Options | Rs 5 per lot | 15 |
Commodity Futures | 0.02% | |
Commodity Options | Rs 20 per lot | |
Mirae Asset Sharekhan | Aditya Birla Money | |
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Account Type | Margin - Rs 1 Lakh | Trade10 (Subscription Rs 2499) |
Fixed Charges | Rs 1,00,000 margin | |
Equity Delivery | 0.25% | 10 |
Equity Intraday | 0.05% | 10 |
Equity Futures | 0.05% | 10 |
Equity Options | 1% or Rs 70 per lot | 10 |
Currency Futures | 0.02% per transaction value | 10 |
Currency Options | Rs 5 per lot | 10 |
Commodity Futures | 0.02% | |
Commodity Options | Rs 20 per lot | |
Minimum Brokerage | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Rs 20 per executed order |
Other Charges | ||
Call & Trade Charges | Rs 20 | Nil |
Mirae Asset Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Aditya Birla Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Mirae Asset Sharekhan | Aditya Birla Money | |
---|---|---|
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 Mirae Asset Sharekhan include TradeTiger, Sharekhan Mobile. Aditya Birla Money offers Etrade, Advanced web, Mobile invest trading software.
Mirae Asset Sharekhan | Aditya Birla Money | |
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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 | TradeTiger, Sharekhan Mobile | Etrade, Advanced web, Mobile invest |
Intraday Square-off Time | 3:30 PM | 3:15 |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | Pattern finder, Class room training | Insurance and Pension scheme available |
Mirae Asset Sharekhan is rated of 5 based on 316 customer reviews whereas Aditya Birla Money is rated of 5 based on 30 customer reviews.
Mirae Asset Sharekhan | Aditya Birla Money | |
---|---|---|
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. |
Mirae Asset Sharekhan | Aditya Birla Money | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
Mirae Asset Sharekhan | Aditya Birla Money | |
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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) | ![]() | ![]() |
Mirae Asset Sharekhan | Aditya Birla Money | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
Mirae Asset Sharekhan | Aditya Birla Money | |
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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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