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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 AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among the top 10 stock brokers in India with over 4.2 lakhs active customers.
AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home ...
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 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.
| Aditya Birla Money | AxisDirect | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2006 |
| Number of Branches | 800 | 56 |
Aditya Birla Money trading account opening charges is Rs 750 while AxisDirect account opening changes is Rs 0. Aditya Birla Money Demat Account AMC Charges is Rs 436 and AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year).
| Aditya Birla Money | AxisDirect | |
|---|---|---|
| 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 750 (free for 1st year) |
Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg).
| Account Type | Aditya Birla Money Trade20 | AxisDirect Standard Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 20 | 0.50% (Each Leg) |
| Equity Intraday | 20 | 0.05% (Each Leg) |
| Equity Futures | 20 | 0.05% (Each Leg) |
| Equity Options | 20 | Rs 20 Per Order |
| Currency Futures | 20 | 0.03% (Each Leg) |
| Currency Options | 20 | Rs 20 Per Order |
| Commodity Futures | 0.03% (Each Leg) | |
| Commodity Options | Rs 50 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. |
| Aditya Birla Money | AxisDirect | |
|---|---|---|
| Account Type | Trade15 (Subscription Rs 999) | Standard Brokerage Plan |
| Fixed Charges | NA | |
| Equity Delivery | 15 | 0.50% (Each Leg) |
| Equity Intraday | 15 | 0.05% (Each Leg) |
| Equity Futures | 15 | 0.05% (Each Leg) |
| Equity Options | 15 | Rs 20 Per Order |
| Currency Futures | 15 | 0.03% (Each Leg) |
| Currency Options | 15 | Rs 20 Per Order |
| Commodity Futures | 0.03% (Each Leg) | |
| Commodity Options | Rs 50 per lot | |
| Aditya Birla Money | AxisDirect | |
|---|---|---|
| Account Type | Trade10 (Subscription Rs 2499) | Standard Brokerage Plan |
| Fixed Charges | NA | |
| Equity Delivery | 10 | 0.50% (Each Leg) |
| Equity Intraday | 10 | 0.05% (Each Leg) |
| Equity Futures | 10 | 0.05% (Each Leg) |
| Equity Options | 10 | Rs 20 Per Order |
| Currency Futures | 10 | 0.03% (Each Leg) |
| Currency Options | 10 | Rs 20 Per Order |
| Commodity Futures | 0.03% (Each Leg) | |
| Commodity Options | Rs 50 per lot | |
| Minimum Brokerage | Rs 20 per executed order | Rs 25 per trade |
| Other Charges | ||
| Call & Trade Charges | Nil | Rs 20 per call (First 20 calls free for a month) |
Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the AxisDirect margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Aditya Birla Money | AxisDirect | |
|---|---|---|
| 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. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.
| Aditya Birla Money | AxisDirect | |
|---|---|---|
| 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 | DirectTrade, Axisdirect Web, Axisdirect Mobile |
| Intraday Square-off Time | 3:15 | 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 AxisDirect is rated of 5 based on 89 customer reviews.
| Aditya Birla Money | AxisDirect | |
|---|---|---|
30 Customer Reviews  | 89 Customer Reviews | |
| Fees |  |  |
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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 | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Aditya Birla Money | AxisDirect | |
|---|---|---|
| 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. |
| Aditya Birla Money | AxisDirect | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Aditya Birla Money | AxisDirect | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Aditya Birla Money | AxisDirect | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Aditya Birla Money | AxisDirect | |
|---|---|---|
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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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Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
