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 TradeSmart
TradeSmart is a Mumbai-based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmartFintech Securities Ltd, formerly registered as VNS Finance & Capital Services Ltd; is a traditional brokerage company incorporated in 1994 to offer brokerage services to Indian Stock, Commodity & Currency market investors and traders through franchisees and sub-brokers.
TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodi...
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, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
Aditya Birla Money | TradeSmart | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
Year of Incorporation | 1994 | 1994 |
Number of Branches | 800 | 1 |
Open TradeSmart Account |
Aditya Birla Money trading account opening charges is Rs 750 while TradeSmart account opening changes is Free. Aditya Birla Money Demat Account AMC Charges is Rs 436 and TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free).
Aditya Birla Money | TradeSmart | |
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Trading Account Opening Charges | Rs 750 | Free |
Trading Account AMC Charges | Nil | Rs 0 |
Demat Account Opening Charges | Nil | Free |
Demat Account AMC Charges | Rs 436 | Rs 300 (1st Year Free) |
Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.
Account Type | Aditya Birla Money Trade20 | TradeSmart Power Plan |
---|---|---|
Fixed Charges | NA | |
Equity Delivery | 20 | Rs 15 per order |
Equity Intraday | 20 | Rs 15 per order |
Equity Futures | 20 | Rs 15 per order |
Equity Options | 20 | Rs 15 per order |
Currency Futures | 20 | Rs 15 per order |
Currency Options | 20 | Rs 15 per order |
Commodity Futures | Rs 15 per order | |
Commodity Options | Rs 15 per 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: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today. |
Aditya Birla Money | TradeSmart | |
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Account Type | Trade15 (Subscription Rs 999) | Value Plan |
Fixed Charges | NA | |
Equity Delivery | 15 | 0.07% |
Equity Intraday | 15 | 0.007% |
Equity Futures | 15 | 0.007% |
Equity Options | 15 | Rs 7 Per Lot |
Currency Futures | 15 | 0.007% |
Currency Options | 15 | Rs 7 Per Lot |
Commodity Futures | 0.007% | |
Commodity Options | Rs 7 Per Lot | |
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Aditya Birla Money | TradeSmart | |
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Account Type | Trade10 (Subscription Rs 2499) | Power Plan |
Fixed Charges | NA | |
Equity Delivery | 10 | Rs 15 per order |
Equity Intraday | 10 | Rs 15 per order |
Equity Futures | 10 | Rs 15 per order |
Equity Options | 10 | Rs 15 per order |
Currency Futures | 10 | Rs 15 per order |
Currency Options | 10 | Rs 15 per order |
Commodity Futures | Rs 15 per order | |
Commodity Options | Rs 15 per order | |
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Minimum Brokerage | Rs 20 per executed order | Rs 15 per executed order |
Other Charges | Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order | |
Call & Trade Charges | Nil | Rs 20 per executed order |
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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 TradeSmart margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Aditya Birla Money | TradeSmart | |
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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. TradeSmart offers Mobile trading app, Desktop trading application, Browser, APIs trading software.
Aditya Birla Money | TradeSmart | |
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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 | Mobile trading app, Desktop trading application, Browser, APIs |
Intraday Square-off Time | 3:15 | Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | Insurance and Pension scheme available | |
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Aditya Birla Money is rated of 5 based on 30 customer reviews whereas TradeSmart is rated of 5 based on 67 customer reviews.
Aditya Birla Money | TradeSmart | |
---|---|---|
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. | Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today. |
Aditya Birla Money | TradeSmart | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
Aditya Birla Money | TradeSmart | |
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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) | ![]() | ![]() |
Open TradeSmart Account |
Aditya Birla Money | TradeSmart | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
Aditya Birla Money | TradeSmart | |
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Reviews | Useful Articles:
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Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| TradeSmart Special OfferFlat Rs 15 per trade (FREE Account Opening)
This is a limited-time offer. Open Instant TradeSmart Account online and start trading today. |
Open TradeSmart Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O