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Aditya Birla Money Vs Upstox – Share Brokers Comparison
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Aditya Birla Money Vs Upstox
Here is a point by point comparison of Aditya Birla Money Vs Upstox. 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.
Upstox is a discount broker launched by 3 co-founders in 2012. Today, Upstox does a daily turnover of ₹5000 Crore with a customer base of around 20,000. The firm has been backed up by some of the prominent names such as Ratan Tata, Kalaari Capital and GVK Davix.
Discount brokers such as Upstox 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 Upstox 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
 |  | |
| Aditya Birla Money Review | Upstox Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 1994 | 2012 |
| Number of branches across India | 800 | 3 |
| Exchanges | NSE, BSE, MSEI, MCX and NCDEX | NSE, BSE, MCX and MCX – SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹750 | ₹150 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹150 |
| Transaction Charges | Aditya Birla Money Transaction Charges | Upstox Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% | ₹0 |
| Intraday Delivery | 0.03% | ₹20 per executed order |
| Equity Futures | 0.03% | ₹20 per executed order |
| Equity Options | ₹50 per lot | ₹20 per executed order |
| Currency Futures | 0.03% | ₹20 per executed order |
| Currency Options | ₹20 per lot | ₹20 per executed order |
| Commodity | 0.03% | ₹20 per executed order |
| Brokerage Calculator | Aditya Birla Money Brokerage Calculator | Upstox Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | 15 times for Intraday and 5 times for Delivery | Upto 20 times Intraday |
| Equity Futures | 3 times for Intraday | Upto 4 times for Intraday |
| Equity Options | NA | Upto 4 times for Intraday |
| Currency Futures | NA | Upto 4 times for Intraday |
| Currency Options | 3 times for Intraday | Upto 4 times for Intraday |
| Commodities | 2 times for Intraday | Upto 3 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) | Express Trade, ETrade, Advanced Web, Mobile Invest | NEST, Upstox, Upstox Pro |
| Total BSE+NSE Complaints %age | 0.14% | 0.12% |
| OVERALL RATING |  | |
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Aditya Birla Money Vs Upstox
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