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 Bajaj Financial
Bajaj Financial Securities Limited (BFSL) is a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India. BFSL, a SEBI registered company offers stockbroking services and is a member of BSE and NSE. BFSL is the depository participant with NSDL and CDSL.
BFSL offers online discount brokerage services in Equity and Derivative Trading, Mutual Funds, Margin Trading Financing, IPO Financing, Spread Financing and Loan Against Securities.
BFSL has two trading platforms - BFSLTrade App (m...
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 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India.
Aditya Birla Money | Bajaj Financial | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
Year of Incorporation | 1994 | 2010 |
Number of Branches | 800 | 6 |
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Aditya Birla Money trading account opening charges is Rs 750 while Bajaj Financial account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year).
Aditya Birla Money | Bajaj Financial | |
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Trading Account Opening Charges | Rs 750 | Rs 0 (Free) |
Trading Account AMC Charges | Nil | Rs 899 per year |
Demat Account Opening Charges | Nil | Rs 0 (Free) |
Demat Account AMC Charges | Rs 436 | Rs 199 (Free for 1st year) |
Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas Bajaj Financial brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order.
Account Type | Aditya Birla Money Trade20 | Bajaj Financial Freedom Plan |
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Fixed Charges | Rs 431 per year | |
Equity Delivery | 20 | Rs 0 (Free) |
Equity Intraday | 20 | Rs 20 per order |
Equity Futures | 20 | Rs 20 per order |
Equity Options | 20 | Rs 20 per 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: Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account. |
Aditya Birla Money | Bajaj Financial | |
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Account Type | Trade15 (Subscription Rs 999) | Professional Pack |
Fixed Charges | Rs 2500 per year | |
Equity Delivery | 15 | Rs 0 (Free) |
Equity Intraday | 15 | Rs 10 per order |
Equity Futures | 15 | Rs 10 per order |
Equity Options | 15 | Rs 10 per order |
Currency Futures | 15 | |
Currency Options | 15 | |
Commodity Futures | ||
Commodity Options | ||
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Aditya Birla Money | Bajaj Financial | |
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Account Type | Trade10 (Subscription Rs 2499) | Freedom Plan |
Fixed Charges | Rs 431 per year | |
Equity Delivery | 10 | Rs 0 (Free) |
Equity Intraday | 10 | Rs 20 per order |
Equity Futures | 10 | Rs 20 per order |
Equity Options | 10 | Rs 20 per order |
Currency Futures | 10 | |
Currency Options | 10 | |
Commodity Futures | ||
Commodity Options | ||
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Minimum Brokerage | Rs 20 per executed order | Rs 5 per executed order |
Other Charges | RMS Auto-Square off: Rs 20 per order | |
Call & Trade Charges | Nil | Rs 20 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 Bajaj Financial margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Aditya Birla Money | Bajaj Financial | |
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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. Bajaj Financial offers BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) trading software.
Aditya Birla Money | Bajaj Financial | |
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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 | BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) |
Intraday Square-off Time | 3:15 | 3:15 PM |
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 Bajaj Financial is rated of 5 based on 16 customer reviews.
Aditya Birla Money | Bajaj Financial | |
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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. | Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account. |
Aditya Birla Money | Bajaj Financial | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
Aditya Birla Money | Bajaj Financial | |
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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 | Bajaj Financial | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
Aditya Birla Money | Bajaj Financial | |
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Cons |
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Reviews | ||
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Bajaj Financial Special OfferFreedom Plus Pack (Lifetime AMC Free)
This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you. |
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