Aditya Birla Capital Vs Reliance Securities Comparison – Which One is Better?

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: 

  1. Free of cost Trading & DEMAT account opening is offered. 
  2. This broker facilitates investors to transfer funds to 11 leading banks. 
  3. It offers its investors a personalized dedicated relationship manager. 
  4. Free of cost call & trade amenities are offered. 
  5. They also offer an immediate account of opening facilities for KRA compliance clients. 

Reliance Securities: 

  1. Best for qualitative research service.
  2. ISO certification is available.
  3. Customer support is average. 
  4. Commodity trading is available. 
  5. User-friendly trading options. 
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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.

 ParticularsAditya Birla MoneyReliance Securities
Overall Service3.5/53.5/5
Brokerage Charges3.5/53/5
Trading Platform3.5/54/5
Investments Offering4/54.5/5
Customer Service3.5/53/5
Broker Type Full-Service BrokerFull-Service Broker
Exchanges Supported NSE,BSE,MCX-SX,MCX,NCDEXBSE, NSE
Aditya Birla Capital Vs Reliance Securities

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. 

ChargesAditya Birla MoneyReliance Securities
Trading Account Opening FeesFree950 Rupees
Trading AMCFreeFree
DEMAT Account Opening FeesFreeFree
DEMAT AMC450 Rupees PA or
555 Rupees for 5 Years
300 Rupees PA
Provide DP Serviceβœ”βœ”

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. 

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Plan TypesAditya Birla MoneyReliance Securities
Multiple PlansπŸž¬βœ”
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. 

ParticularsAditya Birla MoneyReliance Securities
Plan NameI-Decide Trading Plan (Percentage Based)R-FIXED Online Trading Plan (Percentage Based)
Equity Delivery0.2% or 20 paisa0.4% or 40 paisa
Equity Intraday0.02% or 2 paisa0.04% or 4 paisa
Equity Futures0.02% or 2 paisa0.04% or 4 paisa
Equity Options35 Rupees Per Lot100 Rupees Per Lot
Currency Futures0.02% or 2 paisa0.04% or 4 paisa
Currency Options20 Rupees Per Lot100 Rupees Per Lot
Commodity Trading30 Rupees Per Lot0.04% or 4 paisa
Minimum BrokerageA minimum brokerage of 20 Rupees per executed order5 paisa per share
Hidden ChargesInfo Not AvailableNo
FundingInfo Not AvailableYes – 18% interest PA
Call & Trade ChargesInfo Not AvailableFree 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. 

ParticularsAditya Birla MoneyReliance Securities
Equity Delivery350 Rupees Per Cr325 Rupees Per Cr
Equity Intraday350 Rupees Per Cr325 Rupees Per Cr
Equity Futures200 Rupees Per Cr190 Rupees Per Cr
Equity Options6000 Rupees Per Cr5000 Rupees Per Cr
Currency Futures120 Rupees Per Cr110 Rupees Per Cr
Currency Options4200 Rupees Per Cr4000 Rupees Per Cr
CommodityNon-Agri: 360 Rupees Per CrAgri: 275 Rupees Per CrNon-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.

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ParticularsAditya Birla MoneyReliance Securities
3 in 1 Account facility🞬🞬
Charting facilityβœ”βœ”
Algo Trading facility🞬🞬
SMS Alertsβœ”βœ”
Online Demo facilityβœ”βœ”
Online Portfolio facilityβœ”βœ”
Margin Trading Funding Availableβœ”βœ”
Combined Ledger for Equity and Commodityβœ”βœ”
Intraday Square-off Time facility3:15 PM3:15 PM
NRI Trading facilityπŸž¬βœ”
Other FeaturesNILMobile 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.

ParticularsAditya Birla MoneyReliance Securities
Desktop Trading PlatformOMNESYS NEST-Express TradeInstaXpress
Desktop Platform (Windows)βœ”βœ”
Desktop Platform (Mac)🞬🞬
Web Trading Platformβœ”βœ”
Web Trading Detailabtrade.adityabirlamoney.com/PlatformWeb/Platform/Account/LogIntick.rsec.co.in
Mobile Siteβœ”βœ”
Mobile Tradingβœ”βœ”
Mobile Trading AppABM Mobile InvestTICK PRO
Android Mobile Appβœ”βœ”
iPhone Mobile App (IOS)πŸž¬βœ”
Android Tablet Appβœ”βœ”
iPad App (IOS)πŸž¬βœ”
Trading Software ChargesInfo Not AvailableFree

Product Offering 

In light of products offering, we get this below information comparing Aditya Birla Money vs Reliance Securities: 

Particulars Aditya Birla MoneyReliance Securities
Equity Cash and F&Oβœ”βœ”
Currency Derivativesβœ”βœ”
Commodityβœ”βœ”
Online IPO Application🞬🞬
Mutual Fundsβœ”βœ”
Bond / NCDβœ”βœ”
ETFβœ”βœ”
Banking🞬🞬
Insuranceβœ”βœ”
Forex🞬🞬
MF SIP Investmentβœ”βœ”
Equity SIP InvestmentπŸž¬βœ”
PMS ServiceπŸž¬βœ”
Other Investment OptionsNILNIL

Margin or Leverage Comparison

Considering Aditya Birla Money or Reliance Securities based on leverages we received the below-mentioned information: 

ParticularsAditya Birla MoneyReliance Securities
Equity Delivery Leverage Maximum 5x through leverage Trading Funding systemMaximum 4x through leverage Funding system.
Equity Intraday LeverageMaximum 10x or 10% considering Variable and ELM.Maximum 10x or 10% considering Variable and ELM.
Futures Leverage1x or the particular SPAN + leverage.1x or the particular SPAN + leverage.
Options Leverage1x 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 LeverageMaximum 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 Leverage1x 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 Leverage1x 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 Leverage1x 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. 

ParticularsAditya Birla MoneyReliance Securities
24/7 Customer Service πŸž¬πŸž¬
Email Support βœ”βœ”
Online Live Chat πŸž¬βœ”
Phone Support βœ”βœ”
Toll-Free Number βœ”βœ”
Through Branches βœ”βœ”
Customer Care Number 1800-270-7000022 39886000
Account Opening Process Info Not AvailableOnline/Paperless
Customer Support Email [email protected][email protected]
Knowledge Centre/Education stocksandsecurities.adityabirlacapital.com/learning-center/knowldge-centerwww.5paisa.com/knowledge-centre
Head Office Address Aditya Birla Money, Ali Centre, No. 53, Greams Road, Chennai – 600006Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website stocksandsecurities.adityabirlacapital.com/https://www.reliancesmartmoney.com
open Reliance Securities demat account

Compare DEMAT Account Feature 

Assessing Aditya Birla Money vs Reliance Securities based on DEMAT account feature we get this below information: 

ParticularsAditya Birla MoneyReliance Securities
DP SourceABM is :CDSLReliance Securities: CDSL
DP IDABM is :37600Reliance Securities: 41400
DEMAT Account Annual Maintenance Charges(AMC)450 Rupees pa or 1500 Rupees Lifetime AMC300 Rupees pa
Advance DepositNILNil
Statutory chargesNilNil
Transaction Charges on Debit (Per ISIN)#8377;30 Rupees for Normal AC, #8377;20 Rupees for Lifetime AMC0.04% (Min 27 Rupees) + CDSL charges
DEMAT5 Rupees per certificate + 50 Rupees courier charges5 Rupees per certificate + 30 Rupees request charges
REMAT15 Rupees for every hundred securities or 15 Rupees per certificate (whichever is higher) + 50 Rupees courier charges40 Rupees for every hundred securities or 25 Rupees per certificate (whichever is higher) + 25 Rupees courier charges
Pledge Creation50 Rupees0.05% of the transaction value (Min 30 Rupees)
Pledge Creation Confirmation50 Rupees0.05% of the transaction value (Min 30 Rupees)
Pledge Closure50 Rupees0.05% of the transaction value (Min 30 Rupees)
Pledge Closure Confirmation50 Rupees0.05% of the transaction value (Min 30 Rupees)
Pledge Invocation50 Rupees0.05% of the transaction value (Min 30 Rupees)
Failed Instruction ChargesNilNil
Other ChargesNilNil

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. 

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