Aditya Birla Money Vs Goodwill Commodities – Share Brokers Comparison
Aditya Birla Money Vs Goodwill Commodities
Here is a point by point comparison of Aditya Birla Money Vs Goodwill Commodities. Aditya Birla Money is part of Aditya Birla Group and is spread across 800 branches and franshises 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. Goodwill Commodities is a chennai based full service stock broker which has an expertise in commodity trading. The broker was established in 2008 and has presence in 27 locations across different cities of India. Goodwill Commodities is known to provide high exposure but has relatively low focus on technology.
Full service brokers such as Aditya Birla Money or Goodwill Commodities 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 Goodwill Commodities 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
Goodwill Commodities Review | Aditya Birla Money Review | |
OVERVIEW | ||
Broker Type | Full Service | Full Service Broker |
Incorporated In the Year | 2008 | 1994 |
Number of branches across India | 27 | 800 |
Exchanges | BSE, NSE, MCX, NCDEX, MSEI | NSE, BSE, MSEI, MCX and NCDEX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹0 | ₹750 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
Transaction Charges | Goodwill Commodities Transaction Charges | Aditya Birla Money Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.5% | 0.3% |
Intraday Delivery | 0.1% | 0.03% |
Equity Futures | 0.1% | 0.03% |
Equity Options | 2.5% on the premium or ₹100 per contract, whichever is higher | ₹50 per lot |
Currency Futures | 0.1% | 0.03% |
Currency Options | 2.5% on the premium or ₹30 per contract, whichever is higher | ₹20 per lot |
Commodity | 0.1% | 0.03% |
Brokerage Calculator | Goodwill Commodities Brokerage Calculator | Aditya Birla Money Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, 2 times for Delivery | 15 times for Intraday and 5 times for Delivery |
Equity Futures | 3 times for Intraday | 3 times for Intraday |
Equity Options | 2 times for Intraday | NA |
Currency Futures | 2 times for Intraday | NA |
Currency Options | 2 times for Intraday | 3 times for Intraday |
Commodities | 3 times for Intraday | 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) | ODIN Diet, NEST, iWin Mobile App, Goodwill Web Trading app | Express Trade, ETrade, Advanced Web, Mobile Invest |
Complaints percentage | 0.15% | 0.14% |
OVERALL RATING | ||
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 Goodwill Commodities for the benefits of other readers. Please feel free to share in the comments below.
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