Aditya Birla Money Vs Tradejini – Share Brokers Comparison
Aditya Birla Money Vs Tradejini
Here is a point by point comparison of Aditya Birla Money Vs Tradejini. 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.
TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have clients from more than 1000 cities and towns of India across all trading segments.
Discount brokers such as Tradejini offer trading services at much cheaper brokerage rates and reasonable customer service. On the other hand, 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 Tradejini 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
Tradejini Review | Aditya Birla Money Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 2012 | 1994 |
Number of branches across India | 1 | 800 |
Exchanges | BSE, NSE, MCX and MCX SX | NSE, BSE, MSEI, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹695 (get ₹300 off by Opening Account through Us) | ₹750 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹300 | ₹0 |
Demat Account Annual Maintenance Charges | ₹300 | ₹0 |
Transaction Charges | Tradejini Transaction Charges | Aditya Birla Money Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹20 per executed order or 0.10% of Turnover whichever is lower | 0.3% |
Intraday Delivery | ₹20 per executed order or 0.01% of Turnover whichever is lower | 0.03% |
Equity Futures | ₹20 per executed order or 0.01% of Turnover whichever is lower | 0.03% |
Equity Options | ₹20 per executed order | ₹50 per lot |
Currency Futures | ₹20 per executed order or 0.01% of Turnover whichever is lower | 0.03% |
Currency Options | ₹20 per executed order | ₹20 per lot |
Commodity | ₹20 per executed order or 0.01% of Turnover whichever is lower | 0.03% |
Brokerage Calculator | Tradejini Brokerage Calculator | Aditya Birla Money Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 Times for Intraday, & No leverage for Delivery | 15 times for Intraday and 5 times for Delivery |
Equity Futures | Normally 2.5 times with stop loss upto 5 times | 3 times for Intraday |
Equity Options | Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 times | NA |
Currency Futures | NA | NA |
Currency Options | NA | 3 times for Intraday |
Commodities | Upto 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) | NEST, NSE Now, NSE Mobile Trading App | Express Trade, ETrade, Advanced Web, Mobile Invest |
Total BSE+NSE Complaints | 9 | 55 |
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 Tradejini for the benefits of other readers. Please feel free to share in the comments below.
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