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Finvasia Vs Aditya Birla Money: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Finvasia Max Rs 0 per trade while the brokerage of Aditya Birla Money ranges between 0.02% to 0.20%. Finvasia is a Discount Broker where Aditya Birla Money is a Full Service Broker. Finvasia is having overall higher rating compare to Aditya Birla Money. Finvasia is rated 4 out of 5 where Aditya Birla Money is rated only 3.5 out of 5. Number of active customer for Finvasia is 94,480 where number of active customer for Aditya Birla Money is 77,234. Finvasia is serving more customer compare to Aditya Birla Money.

Here we present side-by-side comparison of Finvasia vs Aditya Birla Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Finvasia vs Aditya Birla Money's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Finvasia vs Aditya Birla Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Finvasia vs Aditya Birla Money's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Finvasia vs Aditya Birla Money on Service

  Finvasia Compare
Finvasia
Aditya Birla Money Compare
Aditya Birla Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 94,480 77,234
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia Open an Account with one of the most renowned full-service stock broking houses, Aditya Birla Money with a strong PAN India presence. Get the best research & advisory, PMS, invest in model portfolios and 24*7 active customer support.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Finvasia vs Aditya Birla Money on Trading & Demat Account Opening Charges

Comparison of Finvasia with Aditya Birla Money on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia offer Free account opening where Aditya Birla Money charges Rs 750 for account opening. Demat AMC charges - Finvasia offer Free AMC for Demat account where Aditya Birla Money charges Rs 436 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia with Aditya Birla Money
Charges Finvasia Aditya Birla Money
Trading Account Opening Fees Free Rs 750
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 436
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Finvasia vs Aditya Birla Money on Plan Options

Plans are the most important feature you look when compare Finvasia with Aditya Birla Money. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Finvasia with Aditya Birla Money on Plan Options
Plan Types Finvasia Aditya Birla Money
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Aditya Birla Money on Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Aditya Birla Money Brokerage Plan detail - This is a standard plan by Aditya Birla Money. This is a % based brokerage plan. Brokerage is between .02% to .20%, which is 2 paisa to 20 paisa.

Brokerage Charges - Compare Finvasia with Aditya Birla Money
Brokerage Charges Compare Finvasia Aditya Birla Money
Plan Name Zero Brokerage Trading Plan I-Decide Trading Plan (Percentage Based)
Equity Delivery Rs 0 0.20% or 20 paisa
Equity Intraday Rs 0 0.02% or 2 paisa
Equity Futures Rs 0 0.02% or 2 paisa
Equity Options Rs 0 Rs 50 Per Lot
Currency Futures Rs 0 0.02% or 2 paisa
Currency Options Rs 0 Rs 50 Per Lot
Commodity Trading Rs 0 0.02%
Minimum Brokerage NA A minimum brokerage of Rs.20 per executed order
Hidden Charges No Info Not Available
Funding Yes, 24% interest PA Info Not Available
Call & Trade Charges Free NA
Auto Square off Charges Free NA
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Aditya Birla Money
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Share Broker's Transaction Charges

Compare Finvasia vs Aditya Birla Money on Transaction Charges

Compare Finvasia with Aditya Birla Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia with Aditya Birla Money
Transaction Charges Compare Finvasia Aditya Birla Money
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for aditya-birla-money
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Account Features

Compare Finvasia vs Aditya Birla Money on Account Features

Compare Finvasia with Aditya Birla Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Finvasia offers Algo Trading where Aditya Birla Money doesn't offers Algo Trading. Margin Funding - Aditya Birla Money offers a margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia offers NRI where Aditya Birla Money doesn't offers NRI Trading.

Account Features - Finvasia with Aditya Birla Money
Account Features Compare Finvasia Aditya Birla Money
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Finvasia vs Aditya Birla Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia and Aditya Birla Money. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Finvasia with Aditya Birla Money
Trading Platform Compare Finvasia Aditya Birla Money
Desktop Trading Platform OMNESYS NEST Espress Trade
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.finvasia.com/ https://abtrade.adityabirlamoney.com/PlatformWeb/Platform/Account/LogIn
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SCALPERT ABM Mobile Invest
Mobile Trading App Demo SCALPERT Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod SCALPERT Download Andriod ABM Mobile Invest Download
iPhone Mobile App (IOS) No No
iOS App Download Info Not Available iOS ABM Mobile Invest Download
Android Tablet App Yes Yes
iPad App (IOS) No No
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Aditya Birla Money
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Aditya Birla Money
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Aditya Birla Money
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for aditya-birla-money

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Broker Ratings by Users

Compare Finvasia vs Aditya Birla Money on User Rating

  Finvasia Aditya Birla Money
  17 Customer Reviews    Rate Finvasia 3 Customer Reviews    Rate Aditya Birla Money
Fees Ratings 4.3 2.0
Trading Brokerage Rating 4.6 3.0
Trading Platform Usability 4.0 1.0
Customer Service Ratings 3.5 1.0
Overall Ratings 4.2 1.0
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews Aditya Birla Money is Rated 1.0 / 5 based on 3 customer reviews
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Investment Offerings

Compare Finvasia vs Aditya Birla Money on Investment Offerings

Compare Finvasia with Aditya Birla Money on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Finvasia with Aditya Birla Money
Investment Offerings Compare Finvasia Aditya Birla Money
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Finvasia vs Aditya Birla Money on Order Types

Order Type - Compare Finvasia with Aditya Birla Money on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Finvasia provide Cover Orders (CO) where Aditya Birla Money doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Finvasia provide Bracket Orders (BO) where Aditya Birla Money doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Finvasia with Aditya Birla Money
Order Type Compare Finvasia Aditya Birla Money
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Finvasia vs Aditya Birla Money on Customer Service

Compare Finvasia with Aditya Birla Money on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Finvasia with Aditya Birla Money
Customer Service Compare Finvasia Aditya Birla Money
24/7 Customer Service Finvasia vs Aditya Birla Money - 24x7 customer support No Yes
Email Support Finvasia vs Aditya Birla Money - Email Support Yes Yes
Onine Live Chat Finvasia vs Aditya Birla Money - Onine Live Chat Yes Yes
Phone Support Finvasia vs Aditya Birla Money - Phone Support Yes Yes
Toll Free Number Finvasia vs Aditya Birla Money - Toll Free Number No Yes
Through Branches Finvasia vs Aditya Birla Money - Through Branches No Yes
Customer Care Number Finvasia vs Aditya Birla Money - Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 1800-270-7000
Account Opening Process Finvasia vs Aditya Birla Money - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Finvasia vs Aditya Birla Money - Customer Support Email [email protected]/[email protected] [email protected]
Knowledge Center/Education Finvasia vs Aditya Birla Money - Knowledge Center/Education https://finvasia.com/announcements https://stocksandsecurities.adityabirlacapital.com/learning-center/knowldge-center
Head Office Address Finvasia vs Aditya Birla Money - Head Office Address/Corporate Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Aditya Birla Money, Ali Centre, No. 53, Greams Road, Chennai - 600006
Website Finvasia vs Aditya Birla Money - Company Website https://www.finvasia.com/ https://stocksandsecurities.adityabirlacapital.com/
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Tips/Research/Reports Published

Compare Finvasia vs Aditya Birla Money on Research Reports, Tips

Compare Finvasia with Aditya Birla Money on research reports and tips provided by the broker.

Research Reports - Compare Finvasia with Aditya Birla Money
  Finvasia Aditya Birla Money
Research Mutual Funds Finvasia vs Aditya Birla Money - Research Mutual Funds No Yes
Research Equity Reports Finvasia vs Aditya Birla Money - Research Equity Reports No Yes
Research ETF Finvasia vs Aditya Birla Money - Research ETF No Yes
Daily Market Report Finvasia vs Aditya Birla Money - Daily Market Report No Yes
Free Tips Finvasia vs Aditya Birla Money - Free Tips No Yes
Quarterly Result Analysis Finvasia vs Aditya Birla Money - Quarterly Results No Yes
News Alerts Finvasia vs Aditya Birla Money - No Yes
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Demat Account

Compare Finvasia vs Aditya Birla Money on Demat Account

Compare Finvasia with Aditya Birla Money on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Finvasia is Free where for Aditya Birla Money is ₹450 pa. Finvasia is a better choice in terms of Demat AMC compare to Aditya Birla Money.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction where for Aditya Birla Money is ₹30 per ISIN.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Finvasia with Aditya Birla Money
  Finvasia Aditya Birla Money
DP Source CDSL CDSL
DP ID Finvasia vs Aditya Birla Money - DP ID 84300 37600
Demat Account Annual Maintenance Charges(AMC) Free ₹450 pa
Advance Deposit Rs 0 NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹30 per ISIN
Demat ₹15 per certificate ₹25 per certificate + ₹100 courier charges
Remat ₹15 for every hundred securities + CDSL Charges ₹25 per certificate + ₹100 courier charges
Pledge Creation ₹25 per transaction ₹100
Pledge Creation Confirmation NIL ₹100
Pledge Closure ₹25 per transaction ₹100
Pledge Closure Confirmation NIL Nil
Pledge Invocation ₹19 per transaction ₹100
Failed Instruction Charges ₹49 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Aditya Birla Money on Special Offers and Promotion

Compare Finvasia with Aditya Birla Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs Aditya Birla Money on Special Offers and Promotion
  Finvasia Aditya Birla Money
Pay In and Pay Out Options Finvasia vs Aditya Birla Money - Pay In and Pay Out Options Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
Info Not Available
Payout Time Finvasia vs Aditya Birla Money - Payout Time Up to 24 hrs except for bank holidays. Info Not Available
Bank Supported and Charges Finvasia vs Aditya Birla Money - Bank Supported and Charges Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Info Not Available
Bank Detail FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Info Not Available
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Trade on BSE, NSE, and MCX.
  • Invest in other asset classes like insurance, pension funds, mutual funds, etc.
  • Apply for IPO via UPI.
  • Instant paperless account opening.
  • Zero Demat account opening charges.
  • Competitive brokerage rates.
  • Trade via the Mobile app, website, and trading terminal.
  • Free call & trade
  • Trading tips and comprehensive research (fundamental & technical, derivatives, currency, etc.)
  • Invest in the expert-curated thematic portfolio, model portfolios, and PMS.

Detail Review...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • Does not provide a 3-in-1 account.
  • GTT order is not available.
  • Minimum brokerage charges are levied.
  • No flat brokerage plan.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
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Last Updated on 2023-09-05T02:25:49+00:00