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IDBI Direct Vs Aditya Birla Money: Which one is better?

Both the brokers are registered with SEBI. IDBI Direct offers investmenet in Equity, F&O and Currency only, where Aditya Birla Money offers investment in Equity, F&O, Currency and Commodities.. The brokerage of IDBI Direct ranges between 0.02% to 0.20% while the brokerage of Aditya Birla Money ranges between 0.02% to 0.20%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5. Number of active customer for Aditya Birla Money is 77,234 where number of active customer for IDBI Direct is 54,478. Aditya Birla Money is serving more customer compare to IDBI Direct.

Here we present side-by-side comparison of IDBI Direct 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 IDBI Direct 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 IDBI Direct 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 IDBI Direct 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 IDBI Direct vs Aditya Birla Money on Service

  IDBI Direct Compare
IDBI Direct
Aditya Birla Money Compare
Aditya Birla Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 54,478 77,234
Broker Overview Open an integrated 3-in-1 trading account with IDBI Direct to trade in a hassle-free manner. Multiple platforms for trading across devices, stock trading tips, ideas and research reports, NRI trading, and advisory services are the reasons to choose I... Know more about IDBI Direct 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 IDBI Direct vs Aditya Birla Money on Trading & Demat Account Opening Charges

Comparison of IDBI Direct with Aditya Birla Money on trading & demat account opening charges and AMC. Trading account opening charges - IDBI Direct offer Free account opening where Aditya Birla Money charges Rs 750 for account opening. Demat AMC charges - IDBI Direct charges Rs 350 PA [Free for 1st year] AMC for Demat account where Aditya Birla Money charges Rs 436 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IDBI Direct with Aditya Birla Money
Charges IDBI Direct Aditya Birla Money
Trading Account Opening Fees Free Rs 750
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 350 PA [Free for 1st year] Rs 436
Provide DP Service Yes Yes
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About Brokerage Plans

Compare IDBI Direct vs Aditya Birla Money on Plan Options

Plans are the most important feature you look when compare IDBI Direct 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 IDBI Direct with Aditya Birla Money on Plan Options
Plan Types IDBI Direct 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 IDBI Direct vs Aditya Birla Money on Brokerage Charges

IDBI Direct Brokerage Plan detail - IDBI Direct Brokerage Plan

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 IDBI Direct with Aditya Birla Money
Brokerage Charges Compare IDBI Direct Aditya Birla Money
Plan Name Flat Brokerage PLan I-Decide Trading Plan (Percentage Based)
Equity Delivery 0.20% 0.20% or 20 paisa
Equity Intraday 0.02% 0.02% or 2 paisa
Equity Futures Flat Rs 15 per order 0.02% or 2 paisa
Equity Options Flat Rs 15 per order Rs 50 Per Lot
Currency Futures Flat Rs 15 per order 0.02% or 2 paisa
Currency Options Flat Rs 15 per order Rs 50 Per Lot
Commodity Trading NA 0.02%
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. A minimum brokerage of Rs.20 per executed order
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Free NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for IDBI Direct Brokerage Calculator for Aditya Birla Money
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Share Broker's Transaction Charges

Compare IDBI Direct vs Aditya Birla Money on Transaction Charges

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

Transaction Charges - Compare IDBI Direct with Aditya Birla Money
Transaction Charges Compare IDBI Direct 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 NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for idbicapital Complete Brokerage Plans for aditya-birla-money
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Account Features

Compare IDBI Direct vs Aditya Birla Money on Account Features

Compare IDBI Direct with Aditya Birla Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - IDBI Direct offers 3-in-1 account where Aditya Birla Money offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - IDBI Direct offers NRI where Aditya Birla Money doesn't offers NRI Trading.

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

Compare IDBI Direct vs Aditya Birla Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IDBI Direct 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 IDBI Direct with Aditya Birla Money
Trading Platform Compare IDBI Direct Aditya Birla Money
Desktop Trading Platform Infinity 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.idbicapital.com/ https://abtrade.adityabirlamoney.com/PlatformWeb/Platform/Account/LogIn
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App IDBI Direct Mobile App ABM Mobile Invest
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod IDBI Direct Mobile App Download Andriod ABM Mobile Invest Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS IDBI Direct Mobile App Download iOS ABM Mobile Invest Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IDBI Direct Equity Intraday and Delivery Brokerage Calculator for Aditya Birla Money
Futures Brokerage Calculator Futures Brokerage Calculator for IDBI Direct Futures Brokerage Calculator for Aditya Birla Money
Options Brokerage Calculator Options Brokerage Calculator for IDBI Direct Options Brokerage Calculator for Aditya Birla Money
Detail Detail on Trading Platforms for idbicapital Detail on Trading Platforms for aditya-birla-money

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Broker Ratings by Users

Compare IDBI Direct vs Aditya Birla Money on User Rating

  IDBI Direct Aditya Birla Money
  31 Customer Reviews    Rate IDBI Direct 3 Customer Reviews    Rate Aditya Birla Money
Fees Ratings 3.0 2.0
Trading Brokerage Rating 2.5 3.0
Trading Platform Usability 2.6 1.0
Customer Service Ratings 2.7 1.0
Overall Ratings 2.7 1.0
Broker Rating IDBI Direct is Rated 2.7 / 5 based on 31 customer reviews Aditya Birla Money is Rated 1.0 / 5 based on 3 customer reviews
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Investment Offerings

Compare IDBI Direct vs Aditya Birla Money on Investment Offerings

Compare IDBI Direct 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 - Aditya Birla Money offers trading options in Commodity (MCX) where IDBI Direct doesn't offer. 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 IDBI Direct with Aditya Birla Money
Investment Offerings Compare IDBI Direct Aditya Birla Money
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare IDBI Direct vs Aditya Birla Money on Order Types

Order Type - Compare IDBI Direct 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) - IDBI Direct 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) - IDBI Direct 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- IDBI Direct offers Good Till Cancelled (GTC) orders where Aditya Birla Money doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare IDBI Direct with Aditya Birla Money
Order Type Compare IDBI Direct 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 Yes No
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Customer Service Offered

Compare IDBI Direct vs Aditya Birla Money on Customer Service

Compare IDBI Direct 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 IDBI Direct with Aditya Birla Money
Customer Service Compare IDBI Direct Aditya Birla Money
24/7 Customer Service IDBI Direct vs Aditya Birla Money - 24x7 customer support No Yes
Email Support IDBI Direct vs Aditya Birla Money - Email Support Yes Yes
Onine Live Chat IDBI Direct vs Aditya Birla Money - Onine Live Chat No Yes
Phone Support IDBI Direct vs Aditya Birla Money - Phone Support Yes Yes
Toll Free Number IDBI Direct vs Aditya Birla Money - Toll Free Number Yes Yes
Through Branches IDBI Direct vs Aditya Birla Money - Through Branches Yes Yes
Customer Care Number IDBI Direct vs Aditya Birla Money - Customer Care Number 022-3913 5001 1800-270-7000
Account Opening Process IDBI Direct vs Aditya Birla Money - Account Opening Process Info Not Available Info Not Available
Customer Support Email IDBI Direct vs Aditya Birla Money - Customer Support Email [email protected] [email protected]
Knowledge Center/Education IDBI Direct vs Aditya Birla Money - Knowledge Center/Education Info Not Available https://stocksandsecurities.adityabirlacapital.com/learning-center/knowldge-center
Head Office Address IDBI Direct vs Aditya Birla Money - Head Office Address/Corporate Address Info Not Available Aditya Birla Money, Ali Centre, No. 53, Greams Road, Chennai - 600006
Website IDBI Direct vs Aditya Birla Money - Company Website https://www.idbidirect.in/ https://stocksandsecurities.adityabirlacapital.com/
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Tips/Research/Reports Published

Compare IDBI Direct vs Aditya Birla Money on Research Reports, Tips

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

Research Reports - Compare IDBI Direct with Aditya Birla Money
  IDBI Direct Aditya Birla Money
Research Mutual Funds IDBI Direct vs Aditya Birla Money - Research Mutual Funds Yes Yes
Research Equity Reports IDBI Direct vs Aditya Birla Money - Research Equity Reports Yes Yes
Research ETF IDBI Direct vs Aditya Birla Money - Research ETF Yes Yes
Daily Market Report IDBI Direct vs Aditya Birla Money - Daily Market Report Yes Yes
Free Tips IDBI Direct vs Aditya Birla Money - Free Tips Yes Yes
Quarterly Result Analysis IDBI Direct vs Aditya Birla Money - Quarterly Results Yes Yes
News Alerts IDBI Direct vs Aditya Birla Money - Yes Yes
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Demat Account

Compare IDBI Direct vs Aditya Birla Money on Demat Account

Compare IDBI Direct 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 Aditya Birla Money is ₹450 pa where for IDBI Direct is ₹350 pa.

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 IDBI Direct is 0.04% of transaction value or ₹30 whichever is higher + CDSL charges 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 IDBI Direct with Aditya Birla Money
  IDBI Direct Aditya Birla Money
DP Source CDSL CDSL
DP ID IDBI Direct vs Aditya Birla Money - DP ID No 37600
Demat Account Annual Maintenance Charges(AMC) ₹350 pa ₹450 pa
Advance Deposit NO NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value or ₹30 whichever is higher + CDSL charges ₹30 per ISIN
Demat ₹5 per certificate + ₹30 courier charges ₹25 per certificate + ₹100 courier charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹25 courier charges ₹25 per certificate + ₹100 courier charges
Pledge Creation 0.05% of transaction value or ₹50 whichever is higher ₹100
Pledge Creation Confirmation Nil ₹100
Pledge Closure 0.0002% of transaction value or ₹25 whichever is higher ₹100
Pledge Closure Confirmation 0.0002% of transaction value or ₹25 whichever is higher Nil
Pledge Invocation 0.0015% of transaction value or ₹25 whichever is higher ₹100
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare IDBI Direct vs Aditya Birla Money on Special Offers and Promotion

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

Compare IDBI Direct vs Aditya Birla Money on Special Offers and Promotion
  IDBI Direct Aditya Birla Money
Pay In and Pay Out Options IDBI Direct vs Aditya Birla Money - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time IDBI Direct vs Aditya Birla Money - Payout Time Info Not Available Info Not Available
Bank Supported and Charges IDBI Direct vs Aditya Birla Money - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes
  • 3-in-1 account opening.
  • Zero brokerage for the first 3 months.
  • Zero AMC for the first year.
  • Competitive brokerage
  • Paperless investment in mutual funds.
  • Equity SIP facility in shares (Amount based SIP and quantity-based SIP).
  • Leverage/margin trading with E-margin.
  • Encash – BSE feature to instantly get sale proceeds.
  • Dealer-assisted trading and free call & trade
  • Place aftermarket order, bracket order, and cover order.
  • Place Good Till Date (GTD)
  • Buy today Sell Tomorrow (BTST)

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
  • Does not offer commodity trading.
  • The user interface of the trading platforms can be improved.
  • Customer service needs a lot of improvement.

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
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Last Updated on 2023-08-21T03:25:00+00:00