Aditya Birla Money Review 2019

Rated 3.5/5 by Top Share Brokers Team
Aditya Birla Money Review

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Chennai based Aditya Birla Money Limited (ABML), a subsidiary of Aditya Birla Capital Limited, is engaged in the business of stock broking by offering to trade in equity, derivatives, and currency on NSE and BSE; portfolio management services, DP services, e-insurance repository solutions, investments in Debt instruments and Mutual funds and distribution of other financial products. ABML is listed on Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE) since 2008 and is registered as a stock- broker with SEBI. The broker holds PMS license from SEBI for its portfolio management services and offers Discretionary (D-PMS) & Non-Discretionary (ND-PMS) Portfolio Management services to HNI and corporate investors.

The company also provides commodity trading on MCX and NCDEX through its subsidiary company, Aditya Birla Commodities Broking Ltd. Aditya Birla Money has its own DP service and registered as a DP with NSDL and CDSL.

ABML also holds SEBI license as a research analyst and an investment advisory. It also holds an ARN code issued by AMFI and is registered with CDSL as an e-Repository for holding insurance policies in electronic form.

Research services of ABM include the fundamental reports, technical reports, derivative reports, mutual fund research, and commodity research and portfolio analysis among others.

Aditya Birla Money has PAN India presence with over 41 branches and 750+ franchise network. ABML offers both online and offline model and serves a customer base of around 350,685 customers.

ABM offers 100% paperless eKYC along with advanced multi-device technology platform which is backed by expert research, risk management, and execution capabilities to deliver best in class experience for both investors and traders across Equity, Commodity, Currency, Debt & Mutual fund products.

ABM has a tie-up with Allahabad Bank to provide Aditya Birla online 3-in-1 account to its customer. AMB has set-up a separate trading platform “ETrade”. The clients can log in with Allahabad Banks net banking user id and password, and start trading with AMB.

Aditya Birla customer service is average not exceptionally high, Aditya Birla Money has knowledge center and FAQs online besides normal email and call support.

  • Tel: 18002707000
  • E-mail: [email protected]
  • Website: https://stocksandsecurities.adityabirlacapital.com/

Review Summary

Aditya Birla Money is well- established and bigger player in the stock-brokers field. From advisory services to research, active trading, customer service, ease of use and more, ABM understands what it means to provide a high-quality offering. ABM assets lie in its powerful research and strong tips and recommendation.


Benefits

  • Free trading and Demat Account Opening.
  • Investment and trading advisory services based on technical, fundamental and market research.
  • All investment options - Equities, Mutual Funds, ETFs, F&O, Currencies and Commodities.
  • Free Call & Trade service.
  • Integrated trading, back-office & DP platform.
  • More than 700+ branches & partner offices, award-winning research, robust online platform and mobile trade.
  • Fund transfer facility from more than 11 banks.
  • eKYC for Allahabad Bank customers.
  • Instant Account opening for KRA verified clients.
  • Dedicated Relationship Manager services available.

Considerations

  • Minimum brokerage charges.
  • Inconsistent email/online support
  • Lack of transparency.
  • There are many services offered by broker so your RM tries to sell other products along with trading services.

Request call back from Aditya Birla Money

Aditya Birla Money Investment Options Compare

Here we are comparing Aditya Birla Money with its 5 close competitors on investment options.

Broker Aditya Birla Money Sharekhan 5paisa Zerodha SAMCO
Equity Trading Type Yes Yes Yes Yes Yes
Currency Trading Yes Yes Yes Yes Yes
Commodity Trading Yes Yes Yes Yes Yes
Mutual Funds Yes Yes Yes Yes No
MF SIP Yes Yes Yes Yes No
ETF Investment Yes Yes Yes Yes Yes
Banking No No No No No
Insurance Yes Yes Yes No No

Aditya Birla Money Brokerage Plan, Fees and Charges

Brokerage and Commission Rated 3.5/5

Aditya Birla Money Account Opening Charges

      »»  Trading Account Opening Charges: Free
      »»  Trading Account AMC: Free
      »»  Demat Account Opening Charges: Free
      »»  Demat Account AMC: Rs 450 PA or Rs 555 for 5 Years

Aditya Birla Money Brokerage

Aditya Birla Money brokerage plan is quite simple and competitive. The broker charges 0.20% for trading in equity cash, 0.02% for trading in Intraday and Future. Options trading can be done at Rs 35 per lot.

The equity delivery brokerage of 0.20% is significantly less expensive than all the big brokers, such as ICICIDirect, Sharekhan, HDFC Securities, etc.

For Intraday and future traders, the brokerage rate of 0.02% is very competitive that cannot be overlooked. It’s the cheapest in the full-service broker industry.

Option trading @ Rs 35 per lot with Aditya Birla Money is justified because there are brokers in the Industry who charges even Rs 100 per lot.

To avail all these brokerage rates, you should have Demat account (compulsory) with ABML along with the trading account.

Benefits

  • Local presence of branches, so you can customize your plan.
  • Up to 40x margin for Cover Orders in select Nifty & Sensex Scripts.

Considerations

  • Minimum Brokerage charges.

Other Charges

  • Call and Trade service is free
  • Instant fund transfer for Allahabad Bank Clients.
  • Digital Contract notes are sent via Email. Physical copies of contract notes can be ordered at an additional charge of Rs 30 per contract + courier charges.
  • DP charges for delivery based equity selling at Rs 20 per transaction.
  • Delay payment interest up to 24% pa.

Account Type

Aditya Birla Money offers Trading, Demat and Commodity Account.

  • 2-in-1 Account

    Aditya Birla Money offers a 2-in-1 account which includes trading and Demat account.

  • Commodity Account

    ABM also offers only a commodity trading account. Demat Account is not required for commodity trading.

  • Mutual Fund Account

    You can also opt for an online mutual fund account with Aditya Birla Money. The group also has AMC (Aditya Birla Sun Life AMC Limited) and India’s 4th largest mutual fund house (Aditya Birla Sun Life Mutual Fund), so you can buy direct mutual fund on group’s website.

For complete brokerage charges and trading plans detail please visit Aditya Birla Money Brokerage Charges.

Aditya Birla Money with closest competitors

Here we are comparing Aditya Birla Money with its 5 close competitors, who are currently market leader in brokerage industry.

Broker Aditya Birla Money Sharekhan 5paisa Zerodha SAMCO
Service Type Full Service Broker Full Service Broker Discount Broker Discount Broker Discount Broker
Brokerage Range 0.02 to 0.20% 0.1 to 0.5% Rs 10 Rs 20 Rs 20
Account Type 2 in 1 2 in 1 2 in 1 2 in 1 2 in 1
Equity Delivery 0.2% or 20 paisa 0.5% or 50 paisa Flat Fee Rs 10 Free 0.2% or Rs 20 whichever is lower
Equity Intraday 0.02% or 2 paisa 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Futures 0.02% or 2 paisa 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Rs 35 Per Lot 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Commodity Rs 30 Per Lot 0.1% or 10 paisa Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.02% or 2 paisa 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Currency Options Rs 20 Per Lot 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Rating

Please refer unique and accurate Aditya Birla Money Brokerage Calculator


Open Trading and Demat Account with Aditya Birla Money

For online trading with Aditya Birla Money, investor has to open 2-in-1 account(Trading and Demat). Following are the ways to open an account with Aditya Birla Money:

  • Fill an online application form. Click here to fill the Aditya Birla Money contact form.
  • Website: https://stocksandsecurities.adityabirlacapital.com/
  • Contact Phone Number/helpline: 1800 270 7000
  • Contact email: [email protected]
  • Registered Office: Aditya Birla Money, Indian Rayon Compound,Veraval, Gujarat 362266
  • Corporate Office: Aditya Birla Money,Ali Centre, No. 53, Greams Road,Chennai 600006

Contact Aditya Birla Money

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Aditya Birla Money Trading Platform and Tools

Trading Platforms Rated 3.5/5

    ADM offers terminal-based, web-based and mobile-app based trading platforms to its customers. Other than trading platforms, ADM is providing a Portfolio Tracker and online analytical for better decision making.

    Express Trade (desktop trading software)

    Express Trade is a downloadable version of Aditya Birla Money desktop platform. The Express Trade is built on OMNESYS NEST, so clients get all the advance and powerful features of trading application. The platform is built for active traders and has advanced charts, market monitor, market movers, open interest bar, option chain, and real-time portfolio tracker. It is a single sign-on for equity, currency and commodity and mutual fund investment. Express Trade is integrated with ABM live stock recommendations.

    ABTrade (web-based platform)

    ABTrade is Aditya Birla Money’s online web-based trading platform. The platform is mixed with an analytical solution. The client gets access to one-click options strategy trading, advanced news analytics, and consensus-based research, advance charting with buy/sell, portfolio and many more essential features.

    Mobile Invest (mobile app)

    Mobile Invest is the Aditya Birla Money’s mobile trading app. The app allows to trade in equity cash, derivatives, currency, commodity, and mutual funds.  The app provides features like Instant fund transfer from 11+ banks, trade with one swipe, real-time portfolio tracker, advanced charts, customized dashboard, research reports, alerts, and secure transactions. The Mobile Invest is available in android and iOS version. However, the app is a basic version and doesn’t have very good user reviews.

    ABM Portfolio Tracker

    It is one-stop-shop for your entire portfolio having below given key features:

    • Live-tracking of portfolio performance
    • Buy and sell feature built-in with the module
    • Profit & loss, dividend report
    • transaction update and gain/loss report real-time
    • Tax returns report
    • Holding view option with an average cost for decision making
    • Single login with ABM classic

    ABM Trade Metri(s)ks

    ABM Trade Metri(s)Ks is the online trade analytics tool that offers smart insights into trading patterns using scientific parameters and customized report for better decision-making. Key features of ABM Trade Metri(s)ks are analysis of profit trades or loss trades for a selected period, calculates average P&L of trades, Profit to Loss Ratio, an insight into the trade margin utilisation, shows the exposure/position against the margin available for the respective trade, in-depth understanding of trading patterns etc.

    For detail review of mobile app and download please visit Aditya Birla Money Trading Platform Review.

Aditya Birla Money Trading Platform Compare

Here we are comparing Aditya Birla Money with its 5 close competitors on Trading Platform.

Broker Aditya Birla Money Sharekhan 5paisa Zerodha SAMCO
Desktop Windows Yes Yes Yes Yes Yes
Desktop Mac No No No No No
Web Trading Yes Yes Yes Yes Yes
Android Tablet App Yes Yes Yes Yes Yes
Android Mobile App Yes Yes Yes Yes Yes
iPhone App (iOS Mobile App) No Yes Yes Yes No
iPad App No Yes Yes Yes No
Mobile Site Yes Yes Yes Yes Yes

Final thought about Aditya Birla Money

Rated 3.5/5 by 20 users

Aditya Birla Money is a big name in the share brokerage Industry with the trust of Aditya Birla Group and over 700+ branches and partners network, online trading tools, research-based investment advice, portfolio manager and multiple investment options. ABM is best suited for newbies in the market who can get help from its branches in your neighborhood but only at the cost of paying percentage based brokerage. The challenge ABM and all other full-service brokers are facing with emerge of new discount brokers in the market are inevitable and have to compete hard to stay in business.

If you like what you have read and want to open an trading and demat account with Aditya Birla Money, leave your contact information with us and we will guide you.

Last updated on 2019-08-22


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Aditya Birla Money User Reviews

avatar
6. Nirmala Feb 22, 2019 4:08:43 PM IST Reply
I like to know the information abt the qualifications required to become stock broker
avatar
5. Ganesh Feb 3, 2018 1:51:58 PM IST Reply
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Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
4. suvro Oct 31, 2017 4:08:33 PM IST Reply
Fantastic Broker in Kolkata...superb service, superfast platform...Great Brand

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
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3. Atul Mishra Sep 9, 2017 1:47:49 PM IST Reply
Don''t have professional people in their staff. False commitment and less knowledge about their charges.
Report section is very poor. Reports are confusing, even the ABML branch person are confused about reports.

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
2. Kiran Jul 12, 2017 1:27:56 PM IST Reply
Been with ABM since last one year amazing service and investment tips

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
1. Menka Apr 14, 2017 2:20:17 PM IST Reply
the worst customer service i have ever seen

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

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