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Aditya Birla Stock Trading – 2019 Brokerage Charges & Trading Platforms

About Aditya Birla:

Aditya Birla (ABML) was founded and incorporated in 1994 by Ajay Shrinivasan, is a subsidiary of Aditya Birla Capital Limited and has its head office in Chennai. It is a stock broking company and has a license of Portfolio Management Services (PMS) from SEBI, is a Depository Participant of both National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). It provides various services such as securities broking, PMS (Portfolio Management Services), Depository and E-Commerce repository services and much more.

It is the member of both NSE and BSE.

Why Trade with Aditya Birla:

This firm is known for its continuous growth and pretty good returns to its clients. It has a well-developed PMS (Portfolio Management System) house in India and also provides customized investment solutions to the investors. 

Some Salient Features of Aditya Birla:

  • Trade40x (CO): Trade 40x is enabled only for stocks which are eligible under Trade40x (CO) product. The compulsory SL limits your losses, reducing the risk and hence it can offer much higher intraday leverage as compared to intraday orders placed using MIS.
  • 15min Built-up: This widget helps in finding trading opportunities but also identifies future stocks which are in long built-up, short built-up, Long unwinding and short covering that helps in deciding when to enter and exit position. It gives a snapshot every 15 minutes for open interest and a breakup of fresh and square-off contracts with price and volumes help get insight into the possible future price movements.
  • An Option Chain: It is a matrix listing for a single underlying asset listing all puts, calls, strike prices, and pricing information for a given maturity period.
  • Advanced Charting: It has more than 45 charting indicators for comprehensive technical analysis and historical charts from the inception of the stock. Make technical trading decisions using its advanced charting features and execute the trades from the charts itself.

Aditya Birla trading Platforms:

aditya-birla-desktop-pc-express-trade

Desktop trading Software – Express Trade: It is the primary trading tool for desktop-friendly users. Here are some features and benefits of using this particular platform:

  • Real-time market data and live prices updates on NSE, BSE, CDS, MCX and NCDEX.Advanced Charting – It displays 21-day intraday charts, historical charts, and over 50 indicators.
  • Market Monitor – It portrays information about stocks every 52 weeks high/low, Day’s high & day’s low stock with upper and lower circuit breakers.Option Chain – These are the easiest form of presentations as the clients understand how the strike prices perform and comparison can be done between all the prices in a single window.You have the access to all account related information such as Portfolio Tracker, Statement of Accounts, DP Holdings, Back office Report, Hourly statistics, Options Calculator, Trade Modify/cancel and Exercise Window. Download here!
aditya-birla-mobile-app

Mobile Trading Application – Mobile Invest:

This is the premium mobile application for users which makes the trading much easier task to perform. Some of the features and benefits are listed here:

  • Premium Research: The user gets premium research material and advisory corner via calls from the chamber, Trade tracker, BTST and much more. So, buy and sell the stocks in a single click.
  • The convenience of Voice and Touch: This functionality is an added benefit for the users who prefer voice activated functionalities.
  • Latest updates and alerts: Get all the latest updates regarding your set price and tap opportunities anytime anywhere.
  • Position and portfolio tracker: Monitor your position and track of investment portfolio and modify or cancel the options accordingly. Install

Web-Based Trading Platform – ABTrade Platform: It is an online trading platform which allows with Live streaming of sensex movements and research calls with integrated fund transfer system and multiple watch list facility.

  • Integrated real-time portfolio tracker
    • Online Fund Transfer facility with almost 11 banks in India.
    • Buy, Sell, modify or change your stocks accordingly.
    • Single Login for both trading and back office. Access here
aditya-birla-portfolio-tracker

Portfolio Tracker: Here, you can know about every single activity that is happening in your portfolio.

  • Live tracking of Portfolio
    • Single Login
    • Report of tax returns
aditya-birla-money-trade-metri(S)Ks

Aditya Birla Money Trade Metri(S)Ks: It is one of the most dependable analytical tools for making better trading decisions.

  • Success ratio: It provides profit and loss report of a specified time period.Profit/Loss ratio: It provides average profits per trade and average losses per trade. Depth-in study of trading patterns and improving the trading decisions and style.

    Connect Now!

Investment Options and its Brokerage charges:

  • Aditya Birla Money trading Account Opening Charges/AMC

It is the one-time fee which is charged by Aditya Birla Money to start account opening process. Also, AMC (Annual Maintenance Charges) is the annual fee charged to maintain your account. It is deducted from your account even when a year is not completed. 

                       Transaction     Duration       Charges
Trading Account Opening Charges     One Time         ₹ 750
Trading Annual Maintenance Charges     Yearly Fee           Free
  • Trading Plans of Aditya Birla Money Brokerage:
  • I – Decide Plan (Percentage Based)

It is a standard percentage based brokerage plan and the brokerage here lies between .03% to .3%, i.e, 3 paisa to 30 paise.

Brokerage Plan  I – Decide Plan (% based)
Flat Fee NA
Equity Delivery 0.3% or 30 paisa
Equity Intraday 0.03% or 3 paisa
Equity Futures 0.03% or 3 paisa
Equity Options ₹ 50 per Lot
Currency Futures 0.03% or 3 paisa
Currency Options ₹ 20 per Lot
Commodity 0.03% or 3 paisa
  • Difference between Equity Trading Charges (both Delivery Brokerage Charges and Intraday Brokerage Charges)

Equity Brokerage charges are the total trading cost which a client bears for trading in equity. It is the total sum of all taxes and charges which is levied on top of your brokerage. The taxes and charges can be SEBI Charges, GST, Stamp Duty, STT and many more. There is a difference between Equity Intraday, Delivery, Futures and Options trading cost.

Type Equity Delivery Equity Intraday
Brokerage 0.30% or 30 paisa 0.03% or 3 paisa
Transaction Charges ₹ 350 per crore ₹ 350 per crore
GST 18% on Brokerage and transaction charges 18% on Brokerage and transaction charges
SEBI Turnover Charges ₹ 15 per crore ₹ 15 per crore
STT 0.01% on both side (Buy/Sell) 0.025% on sell
Stamp Duty 0.01% subject to a maximum of ₹ 50 varies by State 0.01% subject to a maximum of ₹ 50 varies by State
  • What are ABM Equity Derivatives Trading Charges
Type Equity Futures Equity Options
Brokerage 0.03% or 3 paisa ₹ 50 per Lot
Transaction Charges ₹ 200 per crore ₹ 6000 per crore
GST 18% on Brokerage and transaction charges 18% on Brokerage and transaction charges
SEBI Turnover Charges ₹ 15 per crore ₹ 15 per crore
STT 0.01% on Sell 0.017% on Sell
Stamp Duty 0.01% subject to a maximum of ₹ 50 varies by State 0.01% subject to a maximum of ₹ 50 varies by State
  • ABM Currency Brokerage Charges
Type Equity Futures Equity Options
Brokerage 0.03% or 3 paisa ₹ 20 per Lot
Transaction Charges ₹ 120 per crore ₹ 4200 per crore
GST 18% on Brokerage and transaction charges 18% on Brokerage and transaction charges
SEBI Turnover Charges ₹ 15 per crore ₹ 15 per crore
STT No STT No STT
Stamp Duty 0.01% subject to a maximum of ₹ 50 varies by State 0.01% subject to a maximum of ₹ 50 varies by State
  • ABM Commodity Trading Charges

It is the total trading cost that a client pays for trading in commodity. It is the total sum of all taxes and charges which is levied on top of your brokerage. The taxes and charges can be SEBI Charges, GST, Stamp Duty, STT and many more.

Type  Commodity
Brokerage 0.03% or 3 paisa
Transaction Charges Non-Agri: ₹ 360 per crore | Agri: ₹ 275 per crore
GST 18% on Brokerage and transaction charges
SEBI Turnover Charges ₹ 15 per crore
STT 0.01% on sell
Stamp Duty 0.01% subject to a maximum of ₹ 50 varies by State
  • Demat Account Charges
S. no. Type Details
1 DP Source CDSL
2 Demat Account Opening Charges Free
3 Demat Account Annual Maintenance Charges (AMC) 1. Normal Scheme: ₹ 450/- p.a. For individuals and ₹ 1000/- for corporate.   2. Lifetime AMC Scheme: ₹ 1500/- charged upfront (for only individual dp accounts).   3. ABMU Scheme: ₹ 400/- p.a. For individual clients. ₹ 1000/- for corporate clients.   4. For Basic Service Demat Account (BSDA) – NIL for holding below ₹ 50,000/-, holding from ₹ 50,001/- to ₹ 2,00,000/- AMC of ₹ 100/- p.a., Holding above ₹ 2,00,000/- will be charged as applicable to Normal Demat Account.
4 Statutory Charges (Stamp charges payable upfront) NIL
5 Advance Deposit NIL
6 Transaction Charges Per ISIN (Market Trades)
  Buy (Receive) ₹ 0
  Sell (Debt) Market trans within ABML: 1. Normal Scheme: ₹ 30/- per ISIN   2. Lifetime AMC Scheme: ₹ 20/- per ISIN   3. ABMU Scheme: ₹ 22.50/- per ISIN. Market trans – for External Broker: 1, 2 &3 Schemes- a minimum of ₹ 30/- or 0.03% on the value of securities whichever is higher. Off-Market trans:  1, 2 &3 Schemes- ₹ 30/- within AMBL & For external broker a minimum of ₹ 30/- or 0.03% on the value of securities whichever is higher.   4. For BSDA- within AMBL ₹ 75/- per ISIN (Market/offMarket) & for external broker (Market/OffMarket) a  minimum of ₹ 75/- or 0.05% on value of securities whichever is higher.
7 Demat and Remat Charges
  Demat Demat- ₹ 5/- per certificate plus ₹ 50/- courier charges. Dstat (conversion of MF) ₹10/- per transaction plus ₹ 50/- courier charges. Demat rejections – ₹ 50/- per request. For BSDA Accounts, Demat – ₹ 25/- per certificate plus ₹ 50/- courier charges. Dstat (conversion of MF) – ₹ 25/- per transaction plus ₹ 50/- courier charges. Demat rejections – ₹ 50/- per request.
  Remat Remat– A flat fee of ₹ 15/- per certificate or ₹ 15/- for every hundred securities, whichever is higher plus ₹ 50/- courier charges. Restat (conversion of Demat MF to SOA) – Flat fee of ₹ 15/- per transaction plus courier charges ₹ 50/-  For BDSA Accounts, Remat – A flat fee of ₹ 25/- per certificate or ₹ 25/- for every hundred securities, whichever is higher plus ₹ 50/- courier charges. Restat (conversion of Demat MF to SOA) – Flat fee of ₹ 25/- per transaction plus Courier Charges of ₹ 50/-
8 Pledge Charges
  Pledge creation per ISIN ₹ 50/- per ISIN for BSDA Accounts, ₹ 100/- per ISIN
  Pledge creation confirmation per ISIN ₹ 50/- per ISIN for BSDA Accounts, ₹ 100/- per ISIN
  Pledge Closure per ISIN ₹ 50/- per ISIN for BSDA Accounts, ₹ 100/- per ISIN
  Pledge Closure Confirmation per ISIN ₹ 50/- per ISIN for BSDA Accounts, ₹ 100/- per ISIN
  Pledge Invocation per ISIN ₹ 50/- per ISIN for BSDA Accounts, ₹ 100/- per ISIN
9 Failed Instruction Charges NIL
10 Other Charges Demat First Book free, ₹ 50/- for re-issuance of DIS Booklet. CAS (Consolidated Account Statement sent by the depository) Dispatch Charges – actual charges are applicable from time to time as per the Depository Tariff Service Tax, Cess and other statutory levies (if any) as prescribed by Govt. & Regulatory Authorities from time to time would be applicable in addition to above charges.

Pros and Cons:

  • Advantages:
  • It provides instant paperless account opening facility
    • It also offers 2 in 1 account which is known as Trading cum Demat Account
    • It offers services such as an online investment in mutual funds with a fund transfer facility available from more than 11 different banks.
    • It provides services like portfolio tracker which keeps you updated about every latest update and alert on your portfolio.
    • The use of a wide range of investment products with multiple strategies and credible research team helps to achieve pretty good returns.
  • Disadvantages:
  • It is comparatively expensive than the other stockbroking companies.
    • It doesn’t offer IPO application services.

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