Aditya Birla Money Vs Fyers – Share Brokers Comparison

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Aditya Birla Money Vs Fyers

Here is a point by point comparison of Aditya Birla Money Vs Fyers. Aditya Birla Money is part of Aditya Birla Group and is spread across 800 branches and franchises in the country. It is known for its free call and trade facility apart from reasonable brokerage charges. This full service broker has its headquarters in Chennai.

FYERS is a discount broker but launched recently in April 2015. It stands for “Focus Your Energy & Reform the Self” and is known for its advanced trading platforms with different unique features.

Discount brokers such as Fyers offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as Aditya Birla Money will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.

To make things easy for you, we have listed out the comparison between Aditya Birla Money Vs Fyers to help you find which of the two suits your needs better. The comparison is made on aspects such as:

Company Overview
Account Opening Charges
Brokerage
Exposure or Leverages
Research
Trading Platforms
Other Features

Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.

Comparison



	Fyers Review	Aditya Birla Money Review
OVERVIEW
Broker Type	Discount Broker	Full Service Broker
Incorporated In the Year	2015	1994
Number of branches across India	1	800
Exchanges	BSE, NSE	NSE, BSE, MSEI, MCX and NCDEX
ACCOUNT CHARGES
Trading Account Opening Charges	₹0	₹750
Trading Account Annual Maintenance Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account Annual Maintenance Charges	₹400	₹0
Transaction Charges	Fyers Transaction Charges	Aditya Birla Money Transaction Charges
BROKERAGE
Equity Delivery	₹20 per executed order	0.3%
Intraday Delivery	₹20 per executed order	0.03%
Equity Futures	₹20 per executed order	0.03%
Equity Options	₹20 per executed order	₹50 per lot
Currency Futures	₹20 per executed order	0.03%
Currency Options	₹20 per executed order	₹20 per lot
Commodity	NA	0.03%
Brokerage Calculator	Fyers Brokerage Calculator	Aditya Birla Money Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 15 times for Intraday, 3 to 5 times for Delivery	15 times for Intraday and 5 times for Delivery
Equity Futures	Upto 5 times	3 times for Intraday
Equity Options	Upto 5 times	NA
Currency Futures	Upto 5 times	NA
Currency Options	Upto 5 times	3 times for Intraday
Commodities	NA	2 times for Intraday
RESEARCH
Daily Market Reports
Tips/Recommendations
Quarterly Analysis
News Alerts
TRADING SEGMENTS
Equity
Mutual Funds
IPOs
Currency
Commodity
CUSTOMER SERVICE OPTIONS
Email Support
Live Chat
Phone
Toll Free Number
Offline Branches
FEATURES
Mobile Trading
Orders Accepted After Trading Hours
Charting
SMS Alerts
Robo Advisory
Automated Trading
Market Tips
Margin Funding
Relationship Managers
3 in 1 Account
Trading Platform(s)	FYERS One, FYERS Markets, FYERS Web Trader	Express Trade, ETrade, Advanced Web, Mobile Invest
Total BSE+NSE Complaints	38	55
OVERALL RATING
	Get a Callback	Get a Call Back

Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Aditya Birla Money Vs Fyers for the benefits of other readers. Please feel free to share in the comments below.

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