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 Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, ![]()
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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.
| Aditya Birla Money | Upstox | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2012 |
| Number of Branches | 800 | 4 |
| Open Upstox Account |
Aditya Birla Money trading account opening charges is Rs 750 while Upstox account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Upstox Demat Account AMC Charges is Rs 150.
| Aditya Birla Money | Upstox | |
|---|---|---|
| Trading Account Opening Charges | Rs 750 | Rs 0 (Free) |
| Trading Account AMC Charges | Nil | Rs 0 (Free) |
| Demat Account Opening Charges | Nil | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 436 | Rs 150 |
Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.
| Account Type | Aditya Birla Money Trade20 | Upstox Default |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 20 | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | 20 | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 20 | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | 20 | Rs 20 per executed order |
| Currency Futures | 20 | Rs 20 per executed order or 0.05% whichever is lower |
| Currency Options | 20 | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is lower | |
| Commodity Options | Rs 20 per executed 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 flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
| Aditya Birla Money | Upstox | |
|---|---|---|
| Account Type | Trade15 (Subscription Rs 999) | Default |
| Fixed Charges | NA | |
| Equity Delivery | 15 | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | 15 | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 15 | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | 15 | Rs 20 per executed order |
| Currency Futures | 15 | Rs 20 per executed order or 0.05% whichever is lower |
| Currency Options | 15 | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Open Upstox Account |
| Aditya Birla Money | Upstox | |
|---|---|---|
| Account Type | Trade10 (Subscription Rs 2499) | Default |
| Fixed Charges | NA | |
| Equity Delivery | 10 | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | 10 | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 10 | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | 10 | Rs 20 per executed order |
| Currency Futures | 10 | Rs 20 per executed order or 0.05% whichever is lower |
| Currency Options | 10 | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Open Upstox Account |
| Minimum Brokerage | Rs 20 per executed order | 0.05% |
| Other Charges | Auto Square-off Charges: Rs 50 | |
| Call & Trade Charges | Nil | Rs 20 per trade |
| Open Upstox Account |
Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Aditya Birla Money | Upstox | |
|---|---|---|
| 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 Upstox Account |
The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.
| Aditya Birla Money | Upstox | |
|---|---|---|
| 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 | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola |
| Intraday Square-off Time | 3:15 | 3:00 PM |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | Insurance and Pension scheme available | Option strategy builder |
| Open Upstox Account |
Aditya Birla Money is rated of 5 based on 30 customer reviews whereas Upstox is rated of 5 based on 149 customer reviews.
| Aditya Birla Money | Upstox | |
|---|---|---|
| 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 flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
| Aditya Birla Money | Upstox | |
|---|---|---|
| Stock / Equity | ||
| Commodity | ||
| IPO | ||
| Mutual Funds | ||
| Bond / NCD | ||
| Debt |
| Aditya Birla Money | Upstox | |
|---|---|---|
| Bracket Order | ![]() | ![]() |
| Cover Order | ![]() | ![]() |
| Buy Today Sell Tomorrow (BTST) | ![]() | ![]() |
| Sell Today Buy Tomorrow (STBT) | ![]() | ![]() |
| After Market Order (AMO) | ![]() | ![]() |
| Good Till Cancelled (GTC) | ![]() | ![]() |
| Open Upstox Account |
| Aditya Birla Money | Upstox | |
|---|---|---|
| Casual Investor | ![]() | ![]() |
| Active Investor | ![]() | ![]() |
| Trader | ![]() | ![]() |
| Aditya Birla Money | Upstox | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Upstox Special OfferExclusive offer by Upstox
It is a limited-time offer. Open Instant Account and start trading the same day. |
| Open Upstox Account |