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Aditya Birla Money Vs SBI Securities – Share Brokers Comparison
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Aditya Birla Money Vs SBI Securities
Here is a point by point comparison of Aditya Birla Money Vs SBI Securities. SBI Securities is a bank based stock broker and is the trading arm of SBI (State Bank of India). Established in 2006, SBI Securities is one of the trustable brands in India, however, it has a quite a lot of room to improve in the kind of values it brings to the table.
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.
Full service brokers such as Aditya Birla Money or SBI Securities 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 SBI Securities 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
 |  | |
| SBI Securities Review | Aditya Birla Money Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 2006 | 1994 |
| Number of branches across India | 114 | 800 |
| Exchanges | NSE, BSE | 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 | ₹850 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹350 | ₹0 |
| Transaction Charges | SBI Securities Transaction Charges | Aditya Birla Money Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% | 0.3% |
| Intraday Delivery | 0.05% | 0.03% |
| Equity Futures | 0.05% | 0.03% |
| Equity Options | ₹100 per lot | ₹50 per lot |
| Currency Futures | 0.03% | 0.03% |
| Currency Options | ₹30 per lot | ₹20 per lot |
| Commodity | NA | 0.03% |
| Brokerage Calculator | SBI Securities Brokerage Calculator | Aditya Birla Money Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, Upto 3 times for Delivery | 15 times for Intraday and 5 times for Delivery |
| Equity Futures | Upto 3 times for Intraday | 3 times for Intraday |
| Equity Options | Upto 3 times for Intraday | NA |
| Currency Futures | Upto 3 times for Intraday | NA |
| Currency Options | Upto 3 times for Intraday | 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) | SBI Smart Express, SBI Smart Web, SBI Smart Mobile App | Express Trade, ETrade, Advanced Web, Mobile Invest |
| Total BSE+NSE Complaints | 62 | 55 |
| OVERALL RATING |  |  |
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Aditya Birla Money Vs SBI Securities
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