Introduction
Both Aditya Birla Money and Reliance Securities offer various amenities to help to trade their investors. Only a relative methodical study can focus on the areas where an investor needs help. This detailed study between Aditya Birla Money vs Reliance Securities educates those areas to assist traders to make investing decisions.
Aditya Birla Money is a famous name in the full-service broking organization that established in 2008 based on Chennai.
This broker has a PAN India presence with more than 41 branches and more than 750 sub-broker networks.
In collaboration with Allahabad bank, Aditya Birla Capital offers its customers a 3-in-1 account facility.
Whereas, Reliance Securities being a full-service broker organization based on Mumbai. This stockbroker is known for the finest quality research service to customers.
Also, it was awarded by Dun & Bradstreet as the Largest E-Broking house of 2010.
Functions:
Aditya Birla Capital:
- Free of cost Trading & DEMAT account opening is offered.
- This broker facilitates investors to transfer funds to 11 leading banks.
- It offers its investors a personalized dedicated relationship manager.
- Free of cost call & trade amenities are offered.
- They also offer an immediate account of opening facilities for KRA compliance clients.
Reliance Securities:
- Best for qualitative research service.
- ISO certification is available.
- Customer support is average.
- Commodity trading is available.
- User-friendly trading options.
Overall Overview
Here we have compared Aditya Birla Capital vs Reliance Securities based on their segment-wise overall reviews.
We have accumulated these reviews from different public platforms. Here we can see that in terms of brokerage charge & customer service Aditya Birla Money is leading the competition.
Conversely, in terms of trading platform & product offering Reliance securities is a step-ahead.
| Particulars | Aditya Birla Money | Reliance Securities |
| Overall Service | 3.5/5 | 3.5/5 |
| Brokerage Charges | 3.5/5 | 3/5 |
| Trading Platform | 3.5/5 | 4/5 |
| Investments Offering | 4/5 | 4.5/5 |
| Customer Service | 3.5/5 | 3/5 |
| Broker Type | Full-Service Broker | Full-Service Broker |
| Exchanges Supported | NSE,BSE,MCX-SX,MCX,NCDEX | BSE, NSE |
Aditya Birla Capital Vs Reliance Securities AMC & AOC:
Assessing Aditya Birla Money vs Reliance Securities based on AOC & AMC we get the below details. Here we can see in the below table that Aditya Birla Money provides free trading & DEMAT account opening as well as no-cost trading AMC for their investor.
On the other hand, Reliance Securities offer free DEMAT account & free trading AMC.
| Charges | Aditya Birla Money | Reliance Securities |
| Trading Account Opening Fees | Free | 950 Rupees |
| Trading AMC | Free | Free |
| DEMAT Account Opening Fees | Free | Free |
| DEMAT AMC | 450 Rupees PA or 555 Rupees for 5 Years | 300 Rupees PA |
| Provide DP Service | ✔ | ✔ |
Also Read: Top 10 Demat Account In India
Compare Brokerage Plan
Based on the brokerage plan we here have compared Aditya Birla Money vs Reliance Securities as below. We can see from the below table that Aditya Birla Money doesn’t have any brokerage plan to offer. Whereas, Reliance Securities have multiple types of brokerage plan offerings.
| Plan Types | Aditya Birla Money | Reliance Securities |
| Multiple Plans | 🞬 | ✔ |
| Monthly Plans | 🞬 | 🞬 |
| Yearly Plans | 🞬 | 🞬 |
Brokerage Charge:
Aditya Birla Money & Reliance Securities is hereby compared based on their brokerage fee structure.
Both the broker offers a percentage-based brokerage charge structure & minimum brokerage charge to their customer.
| Particulars | Aditya Birla Money | Reliance Securities |
| Plan Name | I-Decide Trading Plan (Percentage Based) | R-FIXED Online Trading Plan (Percentage Based) |
| Equity Delivery | 0.2% or 20 paisa | 0.4% or 40 paisa |
| Equity Intraday | 0.02% or 2 paisa | 0.04% or 4 paisa |
| Equity Futures | 0.02% or 2 paisa | 0.04% or 4 paisa |
| Equity Options | 35 Rupees Per Lot | 100 Rupees Per Lot |
| Currency Futures | 0.02% or 2 paisa | 0.04% or 4 paisa |
| Currency Options | 20 Rupees Per Lot | 100 Rupees Per Lot |
| Commodity Trading | 30 Rupees Per Lot | 0.04% or 4 paisa |
| Minimum Brokerage | A minimum brokerage of 20 Rupees per executed order | 5 paisa per share |
| Hidden Charges | Info Not Available | No |
| Funding | Info Not Available | Yes – 18% interest PA |
| Call & Trade Charges | Info Not Available | Free First 20 call PM and 20 Rupees their onwards. |
Also Read: Reliance Security Brokerage Calculator Online – Lowest Brokerage
Comparative Assessment of Transaction Fee:
Comparing Aditya Birla Money vs Reliance Securities based on transaction fee we get this below-mentioned information. Here we can see that charges of Aditya Birla capital is higher than Reliance Securities.
| Particulars | Aditya Birla Money | Reliance Securities |
| Equity Delivery | 350 Rupees Per Cr | 325 Rupees Per Cr |
| Equity Intraday | 350 Rupees Per Cr | 325 Rupees Per Cr |
| Equity Futures | 200 Rupees Per Cr | 190 Rupees Per Cr |
| Equity Options | 6000 Rupees Per Cr | 5000 Rupees Per Cr |
| Currency Futures | 120 Rupees Per Cr | 110 Rupees Per Cr |
| Currency Options | 4200 Rupees Per Cr | 4000 Rupees Per Cr |
| Commodity | Non-Agri: 360 Rupees Per CrAgri: 275 Rupees Per Cr | Non-Agri: 260 Rupees Per CrAgri: 175 Rupees Per Cr |
Account Feature Compare
Contrasting Aditya Birla Money vs Reliance Securities based on account feature we get these below details.
| Particulars | Aditya Birla Money | Reliance Securities |
| 3 in 1 Account facility | 🞬 | 🞬 |
| Charting facility | ✔ | ✔ |
| Algo Trading facility | 🞬 | 🞬 |
| SMS Alerts | ✔ | ✔ |
| Online Demo facility | ✔ | ✔ |
| Online Portfolio facility | ✔ | ✔ |
| Margin Trading Funding Available | ✔ | ✔ |
| Combined Ledger for Equity and Commodity | ✔ | ✔ |
| Intraday Square-off Time facility | 3:15 PM | 3:15 PM |
| NRI Trading facility | 🞬 | ✔ |
| Other Features | NIL | Mobile Application: Rmobile Xpress |
Comparative Assessment of Trading Medium
The trading medium is nowadays a very significant point for investors to consider. In this age of technology, investors used to invest online as per their convenience. Aditya Birla Money & Reliance Securities both facilitate different trading terminals to attract the customer. Here we have compared the above both brokers.
| Particulars | Aditya Birla Money | Reliance Securities |
| Desktop Trading Platform | OMNESYS NEST-Express Trade | InstaXpress |
| Desktop Platform (Windows) | ✔ | ✔ |
| Desktop Platform (Mac) | 🞬 | 🞬 |
| Web Trading Platform | ✔ | ✔ |
| Web Trading Detail | abtrade.adityabirlamoney.com/PlatformWeb/Platform/Account/LogIn | tick.rsec.co.in |
| Mobile Site | ✔ | ✔ |
| Mobile Trading | ✔ | ✔ |
| Mobile Trading App | ABM Mobile Invest | TICK PRO |
| Android Mobile App | ✔ | ✔ |
| iPhone Mobile App (IOS) | 🞬 | ✔ |
| Android Tablet App | ✔ | ✔ |
| iPad App (IOS) | 🞬 | ✔ |
| Trading Software Charges | Info Not Available | Free |
Product Offering
In light of products offering, we get this below information comparing Aditya Birla Money vs Reliance Securities:
| Particulars | Aditya Birla Money | Reliance Securities |
| Equity Cash and F&O | ✔ | ✔ |
| Currency Derivatives | ✔ | ✔ |
| Commodity | ✔ | ✔ |
| Online IPO Application | 🞬 | 🞬 |
| Mutual Funds | ✔ | ✔ |
| Bond / NCD | ✔ | ✔ |
| ETF | ✔ | ✔ |
| Banking | 🞬 | 🞬 |
| Insurance | ✔ | ✔ |
| Forex | 🞬 | 🞬 |
| MF SIP Investment | ✔ | ✔ |
| Equity SIP Investment | 🞬 | ✔ |
| PMS Service | 🞬 | ✔ |
| Other Investment Options | NIL | NIL |
Margin or Leverage Comparison
Considering Aditya Birla Money or Reliance Securities based on leverages we received the below-mentioned information:
| Particulars | Aditya Birla Money | Reliance Securities |
| Equity Delivery Leverage | Maximum 5x through leverage Trading Funding system | Maximum 4x through leverage Funding system. |
| Equity Intraday Leverage | Maximum 10x or 10% considering Variable and ELM. | Maximum 10x or 10% considering Variable and ELM. |
| Futures Leverage | 1x or the particular SPAN + leverage. | 1x or the particular SPAN + leverage. |
| Options Leverage | 1x or the particular SPAN + Exposure in Selling a share and Premium leverage in Buying a share. | 1x or the particular SPAN + Exposure in Selling a share and Premium leverage in Buying a share. |
| Equity CO Leverage | Maximum 10x or 10% considering Variable and ELM, no further charges are included for Cover Order. | Maximum 10x or 10% considering Variable and ELM, no further charges are included for Cover Order. |
| Futures CO Leverage | 1x or the particular SPAN + Exposure margin, No further charges are included for Futures Cover Order. | 1x or the particular SPAN + Exposure margin, No further charges are included for Futures Cover Order. |
| Options CO Leverage | 1x or the particular SPAN + Exposure leverage (Selling a share) or Premium leverage (Buying a share), No further charges are included for Options Cover Order. | 1x or the particular SPAN + Exposure leverage (Selling a share) or Premium leverage (Buying a share), No further charges are included for Options Cover Order. |
| Commodity Leverage | 1x or the particular SPAN + Exposure in Selling a share and Premium leverage in Buying a share. | 1x or the particular SPAN + Exposure in Selling a share and -Premium leverage in Buying a share. |
Comparative Assessment of Customer Assistance:
Comparing Aditya Birla Money vs Reliance Securities based on customer support we derived this below information. Here we can see that live chat facility is not present in Aditya Birla Money but Reliance Securities have that facility.
| Particulars | Aditya Birla Money | Reliance Securities |
| 24/7 Customer Service | 🞬 | 🞬 |
| Email Support | ✔ | ✔ |
| Online Live Chat | 🞬 | ✔ |
| Phone Support | ✔ | ✔ |
| Toll-Free Number | ✔ | ✔ |
| Through Branches | ✔ | ✔ |
| Customer Care Number | 1800-270-7000 | 022 39886000 |
| Account Opening Process | Info Not Available | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] |
| Knowledge Centre/Education | stocksandsecurities.adityabirlacapital.com/learning-center/knowldge-center | www.5paisa.com/knowledge-centre |
| Head Office Address | Aditya Birla Money, Ali Centre, No. 53, Greams Road, Chennai – 600006 | Reliance Securities Limited, 4th Floor, North Wing, Reliance Centre, Santacruz East, Mumbai-MH- 400055 |
| Website | stocksandsecurities.adityabirlacapital.com/ | https://www.reliancesmartmoney.com |
Compare DEMAT Account Feature
Assessing Aditya Birla Money vs Reliance Securities based on DEMAT account feature we get this below information:
| Particulars | Aditya Birla Money | Reliance Securities |
| DP Source | ABM is :CDSL | Reliance Securities: CDSL |
| DP ID | ABM is :37600 | Reliance Securities: 41400 |
| DEMAT Account Annual Maintenance Charges(AMC) | 450 Rupees pa or 1500 Rupees Lifetime AMC | 300 Rupees pa |
| Advance Deposit | NIL | Nil |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | #8377;30 Rupees for Normal AC, #8377;20 Rupees for Lifetime AMC | 0.04% (Min 27 Rupees) + CDSL charges |
| DEMAT | 5 Rupees per certificate + 50 Rupees courier charges | 5 Rupees per certificate + 30 Rupees request charges |
| REMAT | 15 Rupees for every hundred securities or 15 Rupees per certificate (whichever is higher) + 50 Rupees courier charges | 40 Rupees for every hundred securities or 25 Rupees per certificate (whichever is higher) + 25 Rupees courier charges |
| Pledge Creation | 50 Rupees | 0.05% of the transaction value (Min 30 Rupees) |
| Pledge Creation Confirmation | 50 Rupees | 0.05% of the transaction value (Min 30 Rupees) |
| Pledge Closure | 50 Rupees | 0.05% of the transaction value (Min 30 Rupees) |
| Pledge Closure Confirmation | 50 Rupees | 0.05% of the transaction value (Min 30 Rupees) |
| Pledge Invocation | 50 Rupees | 0.05% of the transaction value (Min 30 Rupees) |
| Failed Instruction Charges | Nil | Nil |
| Other Charges | Nil | Nil |
End Note:
Aditya Birla Money & Reliance Securities both are renowned in their respective market segments for offering various facilities to investors. But an investor should go through every major and minor information about the brokers before choosing and deciding to invest.
