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ICICIDirect Vs Aditya Birla Money: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of ICICIDirect ranges between Rs. 20 while the brokerage of Aditya Birla Money ranges between 0.02% to 0.20%. Both the brokers are Full Service brokers. ICICIDirect is having overall higher rating compare to Aditya Birla Money. ICICIDirect is rated 4 out of 5 where Aditya Birla Money is rated only 3.5 out of 5. Number of active customer for ICICIDirect is 18,69,925 where number of active customer for Aditya Birla Money is 80,213. ICICIDirect is serving more customer compare to Aditya Birla Money.

Here we present side-by-side comparison of ICICIDirect vs Aditya Birla Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared ICICIDirect vs Aditya Birla Money'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 ICICIDirect vs Aditya Birla Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared ICICIDirect vs Aditya Birla Money'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 ICICIDirect vs Aditya Birla Money on Service

  ICICIDirect Compare
ICICIDirect
Aditya Birla Money Compare
Aditya Birla Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 18,69,925 80,213
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect 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.
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Account Opening Charges and AMC

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

Comparison of ICICIDirect with Aditya Birla Money on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect offer Free account opening where Aditya Birla Money charges Rs 750 for account opening. Demat AMC charges - ICICIDirect charges Rs 300 per annum AMC for Demat account where Aditya Birla Money charges Rs 436 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect with Aditya Birla Money
Charges ICICIDirect Aditya Birla Money
Trading Account Opening Fees Free Rs 750
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 per annum Rs 436
Provide DP Service Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Aditya Birla Money on Plan Options

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

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

Account Opening

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Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Aditya Birla Money on Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

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.

Brokerage Charges - Compare ICICIDirect with Aditya Birla Money
Brokerage Charges Compare ICICIDirect Aditya Birla Money
Plan Name NEO Flat Discount Brokerage Plan I-Decide Trading Plan (Percentage Based)
Equity Delivery 0.55% 0.20% or 20 paisa
Equity Intraday Flat Rs. 20 per order 0.02% or 2 paisa
Equity Futures Free (Rs. 0 brokerage) 0.02% or 2 paisa
Equity Options Flat Rs. 20 per order Rs 50 Per Lot
Currency Futures Flat Rs. 20 per order 0.02% or 2 paisa
Currency Options Flat Rs. 20 per order Rs 50 Per Lot
Commodity Trading Flat Rs. 20 per order 0.02%
Minimum Brokerage Rs 35 per trade A minimum brokerage of Rs.20 per executed order
Hidden Charges Yes Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges First 20 call free and Rs 25 there onwards. NA
Auto Square off Charges First 20 call free and Rs 25 there onwards. NA
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Aditya Birla Money
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Share Broker's Transaction Charges

Compare ICICIDirect vs Aditya Birla Money on Transaction Charges

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

Transaction Charges - Compare ICICIDirect with Aditya Birla Money
Transaction Charges Compare ICICIDirect Aditya Birla Money
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 NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for aditya-birla-money
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Account Features

Compare ICICIDirect vs Aditya Birla Money on Account Features

Compare ICICIDirect with Aditya Birla Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 account where Aditya Birla Money offers only 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 - ICICIDirect offers NRI where Aditya Birla Money doesn't offers NRI Trading.

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

Compare ICICIDirect vs Aditya Birla Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect and Aditya Birla Money. 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 ICICIDirect with Aditya Birla Money
Trading Platform Compare ICICIDirect Aditya Birla Money
Desktop Trading Platform Trade Racer Espress Trade
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
Web Trading Detail https://www.icicidirect.com https://abtrade.adityabirlamoney.com/PlatformWeb/Platform/Account/LogIn
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ICICI direct Mobile ABM Mobile Invest
Mobile Trading App Demo ICICI direct Mobile Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod ABM Mobile Invest Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS ICICI direct Mobile Download iOS ABM Mobile Invest Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Aditya Birla Money
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Aditya Birla Money
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Aditya Birla Money
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for aditya-birla-money

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Broker Ratings by Users

Compare ICICIDirect vs Aditya Birla Money on User Rating

  ICICIDirect Aditya Birla Money
  267 Customer Reviews    Rate ICICIDirect 5 Customer Reviews    Rate Aditya Birla Money
Fees Ratings 2.4 2.4
Trading Brokerage Rating 1.8 3.2
Trading Platform Usability 3.3 1.6
Customer Service Ratings 2.9 1.8
Overall Ratings 2.5 1.6
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews Aditya Birla Money is Rated 1.6 / 5 based on 5 customer reviews
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Investment Offerings

Compare ICICIDirect vs Aditya Birla Money on Investment Offerings

Compare ICICIDirect with Aditya Birla Money 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 ICICIDirect doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where Aditya Birla Money doesn't offer

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

Compare ICICIDirect vs Aditya Birla Money on Order Types

Order Type - Compare ICICIDirect with Aditya Birla Money 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) - ICICIDirect provide Cover Orders (CO) where Aditya Birla Money doesn't offer.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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- ICICIDirect offers Good Till Cancelled (GTC) orders where Aditya Birla Money doesn't support Good Till Cancelled (GTC) orders.

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

Compare ICICIDirect vs Aditya Birla Money on Customer Service

Compare ICICIDirect with Aditya Birla Money 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 ICICIDirect with Aditya Birla Money
Customer Service Compare ICICIDirect Aditya Birla Money
24/7 Customer Service ICICIDirect vs Aditya Birla Money - 24x7 customer support No Yes
Email Support ICICIDirect vs Aditya Birla Money - Email Support Yes Yes
Onine Live Chat ICICIDirect vs Aditya Birla Money - Onine Live Chat No Yes
Phone Support ICICIDirect vs Aditya Birla Money - Phone Support Yes Yes
Toll Free Number ICICIDirect vs Aditya Birla Money - Toll Free Number No Yes
Through Branches ICICIDirect vs Aditya Birla Money - Through Branches Yes Yes
Customer Care Number ICICIDirect vs Aditya Birla Money - Customer Care Number 1860 123 1122 1800-270-7000
Account Opening Process ICICIDirect vs Aditya Birla Money - Account Opening Process Online Info Not Available
Customer Support Email ICICIDirect vs Aditya Birla Money - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ICICIDirect vs Aditya Birla Money - Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://stocksandsecurities.adityabirlacapital.com/learning-center/knowldge-center
Head Office Address ICICIDirect vs Aditya Birla Money - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Aditya Birla Money, Ali Centre, No. 53, Greams Road, Chennai - 600006
Website ICICIDirect vs Aditya Birla Money - Company Website https://www.icicidirect.com https://stocksandsecurities.adityabirlacapital.com/
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Tips/Research/Reports Published

Compare ICICIDirect vs Aditya Birla Money on Research Reports, Tips

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

Research Reports - Compare ICICIDirect with Aditya Birla Money
  ICICIDirect Aditya Birla Money
Research Mutual Funds ICICIDirect vs Aditya Birla Money - Research Mutual Funds Yes Yes
Research Equity Reports ICICIDirect vs Aditya Birla Money - Research Equity Reports Yes Yes
Research ETF ICICIDirect vs Aditya Birla Money - Research ETF Yes Yes
Daily Market Report ICICIDirect vs Aditya Birla Money - Daily Market Report Yes Yes
Free Tips ICICIDirect vs Aditya Birla Money - Free Tips Yes Yes
Quarterly Result Analysis ICICIDirect vs Aditya Birla Money - Quarterly Results Yes Yes
News Alerts ICICIDirect vs Aditya Birla Money - Yes Yes
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Demat Account

Compare ICICIDirect vs Aditya Birla Money on Demat Account

Compare ICICIDirect with Aditya Birla Money 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 Aditya Birla Money is ₹450 pa where for ICICIDirect is ₹700 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 ICICIDirect is 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) where for Aditya Birla Money is ₹30 per ISIN.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 ICICIDirect with Aditya Birla Money
  ICICIDirect Aditya Birla Money
DP Source CDSL CDSL
DP ID ICICIDirect vs Aditya Birla Money - DP ID 14300 37600
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹450 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) ₹30 per ISIN
Demat ₹50 per set up ₹25 per certificate + ₹100 courier charges
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹25 per certificate + ₹100 courier charges
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) ₹100
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) ₹100
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) ₹100
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) ₹100
Failed Instruction Charges ₹30 per transaction Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Aditya Birla Money on Special Offers and Promotion

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

Compare ICICIDirect vs Aditya Birla Money on Special Offers and Promotion
  ICICIDirect Aditya Birla Money
Pay In and Pay Out Options ICICIDirect vs Aditya Birla Money - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Info Not Available
Payout Time ICICIDirect vs Aditya Birla Money - Payout Time Instant to ICICI Bank. Info Not Available
Bank Supported and Charges ICICIDirect vs Aditya Birla Money - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your ICICI bank account. Info Not Available
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

  • 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...

Dislikes
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

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

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T04:34:26+00:00