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Aditya Birla Money Vs Groww: Which one is better?

Both the brokers are registered with SEBI. Aditya Birla Money offers investmenet in Equity, F&O, Currency and Commodities, where Groww offers investment in Equity, F&O and Currency only. The brokerage of Aditya Birla Money Max 0.02% to 0.20% per trade while the brokerage of Groww ranges between Rs 20. Aditya Birla Money is a Full Service Broker where Groww is a Discount Broker. Aditya Birla Money is having overall lower rating compare to Groww. Aditya Birla Money is rated only 3.5 out of 5 where Groww is rated 4 out of 5. Number of active customer for Groww is 95,38,609 where number of active customer for Aditya Birla Money is 80,479. Groww is serving more customer compare to Aditya Birla Money.

Here we present side-by-side comparison of Aditya Birla Money vs Groww share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Aditya Birla Money vs Groww's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Aditya Birla Money vs Groww share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Aditya Birla Money vs Groww's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Aditya Birla Money vs Groww on Service

  Aditya Birla Money Compare
Aditya Birla Money
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 80,479 95,38,609
Broker Overview Open an Account with one of the most renowned full-service stock broking houses, Aditya Birla Money with a strong PAN India presence. Get the best research & advisory, PMS, invest in model portfolios and 24*7 active customer support. Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...Know more about Groww
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Aditya Birla Money vs Groww on Trading & Demat Account Opening Charges

Comparison of Aditya Birla Money with Groww on trading & demat account opening charges and AMC. Trading account opening charges - Groww offer Free account opening where Aditya Birla Money charges Rs 750 for account opening. Demat AMC charges - Groww offer Free AMC for Demat account where Aditya Birla Money charges Rs 436 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Aditya Birla Money with Groww
Charges Aditya Birla Money Groww
Trading Account Opening Fees Rs 750 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 436 Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Aditya Birla Money vs Groww on Plan Options

Plans are the most important feature you look when compare Aditya Birla Money with Groww. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Aditya Birla Money with Groww on Plan Options
Plan Types Aditya Birla Money Groww
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Aditya Birla Money vs Groww on Brokerage Charges

Aditya Birla Money Brokerage Plan detail - This is a standard plan by Aditya Birla Money. This is a % based brokerage plan. Brokerage is between .02% to .20%, which is 2 paisa to 20 paisa.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare Aditya Birla Money with Groww
Brokerage Charges Compare Aditya Birla Money Groww
Plan Name I-Decide Trading Plan (Percentage Based) Flat Brokerage Plan
Equity Delivery 0.20% or 20 paisa 0.05% or Rs 20 whichever is lower
Equity Intraday 0.02% or 2 paisa 0.05% or Rs 20 whichever is lower
Equity Futures 0.02% or 2 paisa Flat Fee Rs 20
Equity Options Rs 50 Per Lot Flat Fee Rs 20
Currency Futures 0.02% or 2 paisa Not Available
Currency Options Rs 50 Per Lot Not Available
Commodity Trading 0.02% Not Available
Minimum Brokerage A minimum brokerage of Rs.20 per executed order NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges NA Rs 50 Per Executable Order
Auto Square off Charges NA Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Aditya Birla Money Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Aditya Birla Money vs Groww on Transaction Charges

Compare Aditya Birla Money with Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare Aditya Birla Money with Groww
Transaction Charges Compare Aditya Birla Money Groww
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for aditya-birla-money Complete Brokerage Plans for groww
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Account Features

Compare Aditya Birla Money vs Groww on Account Features

Compare Aditya Birla Money with Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Aditya Birla Money with Groww
Account Features Compare Aditya Birla Money Groww
3 in 1 Account No Aditya Birla Money have 2-in-1 account. Only Demate and Trading account. No Aditya Birla Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:10 PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare Aditya Birla Money vs Groww on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Aditya Birla Money and Groww. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Aditya Birla Money with Groww
Trading Platform Compare Aditya Birla Money Groww
Desktop Trading Platform Espress Trade Groww App
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://abtrade.adityabirlamoney.com/PlatformWeb/Platform/Account/LogIn Yes
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ABM Mobile Invest Groww App
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod ABM Mobile Invest Download Andriod Groww App Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS ABM Mobile Invest Download iOS Groww App Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Aditya Birla Money Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Aditya Birla Money Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Aditya Birla Money Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for aditya-birla-money Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Aditya Birla Money vs Groww on User Rating

  Aditya Birla Money Groww
  5 Customer Reviews    Rate Aditya Birla Money 7 Customer Reviews    Rate Groww
Fees Ratings 2.4 4.4
Trading Brokerage Rating 3.2 3.7
Trading Platform Usability 1.6 4.1
Customer Service Ratings 1.8 3.3
Overall Ratings 1.6 4.1
Broker Rating Aditya Birla Money is Rated 1.6 / 5 based on 5 customer reviews Groww is Rated 4.1 / 5 based on 7 customer reviews
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Investment Offerings

Compare Aditya Birla Money vs Groww on Investment Offerings

Compare Aditya Birla Money with Groww on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Aditya Birla Money offers trading options in Commodity (MCX) where Groww doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Aditya Birla Money with Groww
Investment Offerings Compare Aditya Birla Money Groww
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity Yes No
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Aditya Birla Money vs Groww on Order Types

Order Type - Compare Aditya Birla Money with Groww on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Both broker don't have Cover Orders (CO).Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Aditya Birla Money offers After Market Orders where Groww doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Aditya Birla Money with Groww
Order Type Compare Aditya Birla Money Groww
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No No
Bracket order No No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Aditya Birla Money vs Groww on Customer Service

Compare Aditya Birla Money with Groww on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Aditya Birla Money with Groww
Customer Service Compare Aditya Birla Money Groww
24/7 Customer Service Aditya Birla Money vs Groww - 24x7 customer support Yes No
Email Support Aditya Birla Money vs Groww - Email Support Yes Yes
Onine Live Chat Aditya Birla Money vs Groww - Onine Live Chat Yes Yes
Phone Support Aditya Birla Money vs Groww - Phone Support Yes Yes
Toll Free Number Aditya Birla Money vs Groww - Toll Free Number Yes No
Through Branches Aditya Birla Money vs Groww - Through Branches Yes No
Customer Care Number Aditya Birla Money vs Groww - Customer Care Number 1800-270-7000 9108800604
Account Opening Process Aditya Birla Money vs Groww - Account Opening Process Info Not Available Online
Customer Support Email Aditya Birla Money vs Groww - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Aditya Birla Money vs Groww - Knowledge Center/Education https://stocksandsecurities.adityabirlacapital.com/learning-center/knowldge-center https://groww.in/academy
Head Office Address Aditya Birla Money vs Groww - Head Office Address/Corporate Address Aditya Birla Money, Ali Centre, No. 53, Greams Road, Chennai - 600006 Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website Aditya Birla Money vs Groww - Company Website https://stocksandsecurities.adityabirlacapital.com/ https://groww.in/
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Tips/Research/Reports Published

Compare Aditya Birla Money vs Groww on Research Reports, Tips

Compare Aditya Birla Money with Groww on research reports and tips provided by the broker.

Research Reports - Compare Aditya Birla Money with Groww
  Aditya Birla Money Groww
Research Mutual Funds Aditya Birla Money vs Groww - Research Mutual Funds Yes No
Research Equity Reports Aditya Birla Money vs Groww - Research Equity Reports Yes No
Research ETF Aditya Birla Money vs Groww - Research ETF Yes No
Daily Market Report Aditya Birla Money vs Groww - Daily Market Report Yes No
Free Tips Aditya Birla Money vs Groww - Free Tips Yes No
Quarterly Result Analysis Aditya Birla Money vs Groww - Quarterly Results Yes No
News Alerts Aditya Birla Money vs Groww - Yes No
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Demat Account

Compare Aditya Birla Money vs Groww on Demat Account

Compare Aditya Birla Money with Groww on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Groww is Zero where for Aditya Birla Money is ₹450 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Aditya Birla Money is ₹30 per ISIN where for Groww is ₹8 + ₹5.50 CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Aditya Birla Money with Groww
  Aditya Birla Money Groww
DP Source CDSL CDSL
DP ID Aditya Birla Money vs Groww - DP ID 37600 No
Demat Account Annual Maintenance Charges(AMC) ₹450 pa Zero
Advance Deposit NIL Nil
Statutory charges Nil Legal Charges
Transaction Charges on Debit (Per ISIN) ₹30 per ISIN ₹8 + ₹5.50 CDSL charges
Demat ₹25 per certificate + ₹100 courier charges ₹150 per certificate + courier charges
Remat ₹25 per certificate + ₹100 courier charges ₹150 per certificate + courier charges
Pledge Creation ₹100 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation ₹100 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure ₹100 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation ₹100 ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil ₹50
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Aditya Birla Money vs Groww on Special Offers and Promotion

Compare Aditya Birla Money with Groww on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Aditya Birla Money vs Groww on Special Offers and Promotion
  Aditya Birla Money Groww
Pay In and Pay Out Options Aditya Birla Money vs Groww - Pay In and Pay Out Options Info Not Available pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Aditya Birla Money vs Groww - Payout Time Info Not Available Max 24 hrs except bank holidays
Bank Supported and Charges Aditya Birla Money vs Groww - Bank Supported and Charges Info Not Available Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail Info Not Available Info Not Available
Likes
  • Trade on BSE, NSE, and MCX.
  • Invest in other asset classes like insurance, pension funds, mutual funds, etc.
  • Apply for IPO via UPI.
  • Instant paperless account opening.
  • Zero Demat account opening charges.
  • Competitive brokerage rates.
  • Trade via the Mobile app, website, and trading terminal.
  • Free call & trade
  • Trading tips and comprehensive research (fundamental & technical, derivatives, currency, etc.)
  • Invest in the expert-curated thematic portfolio, model portfolios, and PMS.

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

Detail Review...

Dislikes
  • Does not provide a 3-in-1 account.
  • GTT order is not available.
  • Minimum brokerage charges are levied.
  • No flat brokerage plan.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-05T07:03:50+00:00