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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.
Backed by Aditya Birla Group, Aditya Birla Money Ltd (ABML) is one of the leading full-service brokers in India. The Chennai-based brokerage house is serving the industry since 1994 and being an active member of BSE, NSE, MCX, and NCDEX, it offers online broking services in equities, derivatives, commodities, and currencies segments. It also distributes products like mutual funds, insurance, pension funds, alternate investments, real estate investments, and portfolio management services (PMS). Thus, the broker is a one-stop shop to invest in diversified asset classes.
It is also a DP with NSDL and CDSL to offer a 2-in-1 account, combining Demat and Trading opening facility to trade and invest across multiple exchanges. Not just account opening and online trading but also Aditya Birla Money is a SEBI registered research analyst and investment advisor.
Its in-house research experts constantly endeavor to offer great quality research including equity fundamental and technical research reports, derivative reports, commodity research, and currency research. It also provides model portfolio recommendations (Midcap and Multicap) and offers discretionary and non-discretionary PMS to HNIs and corporate investors.
The renowned full-service stockbroker offers a hassle-free trading experience on advanced technology platforms including Aditya Birla Money Mobile Invest App, website, and Express Trade installable desktop trading terminal.
Avail 24*7 customer services via multiple communication touchpoints anytime. The broker has a strong PAN India presence with more than 800 offline locations in India.
Want to know more about Aditya Birla Money account opening fees, brokerage charges, features of mobile app and trading platforms, customer care details, and margin? Read out our detailed & genuine Aditya Birla Money Review 2023 to know all the pros & cons of trading.
Current promotion offer from Zerodha for InvestorGain Visitors:
Brokerage is undoubtedly the most critical aspect of a broker’s selection for trading. Well, ABML has a simple & transparent yet competitive brokerage plan. Aditya Birla Money charges somewhat justified brokerage charges in line with the value-added services it offers like PMS, research, and advisory.
It charges a 0.02% to 0.20% brokerage fee that varies across segments. In the equity segment, it charges 0.20% for delivery and 0.02% for an intraday brokerage from clients. The next segment is commodity and currency trading, where Aditya Birla Money charges a 0.02% brokerage fee, and the same charges are levied on equity futures trading. However, equity and currency options trading is charged at flat Rs 50 per lot.
Check below the segment-wise brokerage fees levied by ABML;
Trading Account Opening Charges: | Rs 750 |
Trading Account AMC: | Free |
Demat Account Opening Charges: | Free |
Demat Account AMC: | Rs 436 |
Here we are comparing Aditya Birla Money with its 5 close competitors, who are currently market leader in brokerage industry.
Broker | Aditya Birla Money | 5paisa | Zerodha | Upstox | Paytm Money |
Service Type | Full Service Broker | Discount Broker | Discount Broker | Discount Broker | Discount Broker |
Brokerage Range | 0.02% to 0.20% | Rs 20 | Rs 20 | Rs 20 | Rs 20 |
Account Type | 2 in 1 | 2 in 1 | 3 in 1 | 3 in 1 | 2 in 1 |
Equity Delivery | 0.20% or 20 paisa | Flat Fee Rs 20 | Free | 2.5% or Rs 20 whichever is lower | 2.5% or Rs 20 whichever is lower |
Equity Intraday | 0.02% or 2 paisa | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower |
Equity Futures | 0.02% or 2 paisa | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
Equity Options | Rs 50 Per Lot | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 |
Commodity | 0.02% | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | NA |
Currency Futures | 0.02% or 2 paisa | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower | NA |
Currency Options | Rs 50 Per Lot | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | NA |
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For complete brokerage charges and trading plans detail please visit Aditya Birla Money Brokerage Charges.
Please refer unique and accurate Aditya Birla Money Brokerage Calculator
Whether you are a resident in India or overseas? You can be a customer of Aditya Birla by opening a Demat and trading account online or offline as per your choice. Check out the types of accounts opening facility at ABML as follows;
Are you an NRI and want to trade in the Indian stock market then the first step is to open a NRI trading account in India. Aditya Birla Money offers NRI trading facility by allowing non-resident clients to open a NRI Demat and trading account.
First, open a NRE/NRO Savings Bank account with any Indian bank and link it to your NRI Account with ABML. To trade in the F&O segment, NRIs also have to open a custodial account to get a CP code.
Aditya Birla NRI Trading Features;
Open a paperless account in just 15 minutes at no paperwork required. ABML offers a simple, quick, and instant account opening facility. Once you complete all the steps online, the Aditya Birla Money account will be opened instantly.
Zerodha No#1 Broker in India
Having an account with Aditya Birla offers free access to all kinds of platforms whether be a mobile trading app, trading website, or desktop trading software. The broker matches every trader’s and investor’s expectations by providing a user-friendly Mobile Invest app and AB Trade website to a fully power-packed & feature-rich Express Trade terminal. Let’s review each of the trading platforms in brief;
For detail review of mobile app and download please visit Aditya Birla Money Trading Platform Review.
Aditya Birla provides 24*7 customer supports to keep its customer base satisfied. Apart from email support, telephonic customer care, and chat support, the broker has an offline branch presence at 800+ locations all over the country and has a team of dedicated dealers to provide efficient support services. It also has a toll-free number to get any time support.
It also provides a 24*7 Whatsapp chat facility on 8828800038 to know your account status, and account balance, get research, reports or statements of accounts, and other reports as well.
The customer service team is available on the helpline number from 9 AM - 11 PM from Monday to Friday and 9 AM - 9 PM on Saturday and Sunday.
Serving customers in the Indian broking landscape for so long, Aditya Birla Money stands out as one of the best full-service stock broking houses.
Multiple trading and investing products, justifiable brokerage charges, satisfactory trading platforms with all the needed features, comprehensive research & advisory services across segments, model portfolios-based recommendations, etc. features added Aditya Birla Money to the list of recommended brokers.
However, looking to the growing competition from top discount brokers like Zerodha, Upstox, Groww, etc. with flat brokerage pricing plans, Aditya Birla Money should take quick action to increase its customer base.
Last updated on: 2023-09-05