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Aditya Birla Money Vs LKP Securities – Share Brokers Comparison
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Aditya Birla Money Vs LKP Securities
Here is a point by point comparison of Aditya Birla Money Vs LKP Securities. 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.
LKP Securities is a full service stock broker based out of Mumbai and has presence in more than 2300 locations across 200 cities of India. Started as a securities brokerage house in 1948, LKP Securities is a listed public company that posted a networth of ₹158 Crore for the FY 2016-17.
Full service brokers such as Aditya Birla Money or LKP 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 LKP 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
 |  | |
| LKP Securities Review | Aditya Birla Money Review | |
| OVERVIEW | LKP Securities Review | |
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 1948 | 1994 |
| Number of branches across India | 17 | 800 |
| Exchanges | NSE, BSE, MCX & MSEI | NSE, BSE, MSEI, MCX and NCDEX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹250 | ₹750 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹200 | ₹0 |
| Transaction Charges | LKP Securities Transaction Charges | Aditya Birla Money Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.1% | 0.3% |
| Intraday Delivery | 0.01% | 0.03% |
| Equity Futures | 0.01% | 0.03% |
| Equity Options | ₹10 per lot | ₹50 per lot |
| Currency Futures | 0.007% | 0.03% |
| Currency Options | ₹10 per lot | ₹20 per lot |
| Commodity | 0.01% | 0.03% |
| Brokerage Calculator | LKP Securities Brokerage Calculator | Aditya Birla Money Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | More than 10times(Depends on VAR)-Intraday & 5-6 times (Depends on VAR)-Delivery | 15 times for Intraday and 5 times for Delivery |
| Equity Futures | Upto 4 times Intraday | 3 times for Intraday |
| Equity Options | 3 times buying, 4 times for Short | NA |
| Currency Futures | 3 times intraday | NA |
| Currency Options | 2 times buying, 3 times for Short | 3 times for Intraday |
| Commodities | Intraday 4 times, Carry forward 1 time | 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) | LKP Blue, Trade Smart LKP Mobile App, LKP Boss | Express Trade, ETrade, Advanced Web, Mobile Invest |
| Total BSE+NSE Complaints | 32 | 55 |
| OVERALL RATING |  | |
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Aditya Birla Money Vs LKP Securities
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