5Paisa Vs Aditya Birla Capital

5 Paisa Vs Aditya Birla Group: Relative Study: 

Mumbai based discount broker 5Paisa started its journey in 2016. It is a part of IIFL (India Infoline Finance Ltd). Also, 5Paisa charges brokerage INR.10/- per trade – which is the lowest brokerage charge in India. 

On the other hand, Chennai based Aditya Birla Capital is a full-service broker – registered in 2007. It provides a free Trading & DEMAT account to its customers. They also offer Aditya Birla Online 3-in-1 Account in collaboration with Allahabad Bank. 

Function:

5Paisa:

  1. Instant paperless account opening with Aadhaar
  2. In collaboration with the different insurance company offers different insurance to the customer as an investment option. 
  3. Mutual fund investment is free. 
  4. Margin funding facility @18% p.a. interest.
  5. The robotic advisory platform for the investor for a customised experience. 
  6. Flat INR. 10/- brokerage for currency derivatives, Future, option & Equity cash. 

Aditya Birla Capital:

  1. DEMAT & Trading Account opening is free.
  2. Facilitates customers to transfer fund to 11 banks
  3. Aditya Birla Capital offers its customers a dedicated relationship manager. 
  4. Call & trade facility is free. 
  5. Aditya Birla Capital is also famous for its market research work. 
  6. They also offer instant account opening facility for KRA compliance clients. 

Comparisons: Based on the facilities provided: 

Here we are comparing 5Paisa & Aditya Birla Capital based on the facilities they offer:

 Particulars5paisaAditya Birla Capital
Market rating as an organisation4/53.5/5
The rating according to Fees charged for Brokerage 4/53.5/5
The rating according to Trading platform4/53.5/5
The rating according to the Investment offerings4/54/5
The rating according to customer satisfaction4/53.5/5
Type of BrokerDiscount BrokerFull-service Broker
Stock Exchanges supportedBSE , NSENSE , BSE, MCX-SX , MCX , NCDEX

Comparison: Based on Account Maintenance Charges:

Aditya Birla Capital provides a free Trading account & DEMAT account to its customer. The AMC for the trading account is free. However, they charge an AMC of DEMAT account annually. 5Paisa has a Trading account opening charge, but the DEMAT account opening is free. 

AMC for trading is free in 5Paisa, whereas, they also charge AMC for the DEMAT account. Based on the AMC & Account opening charges we can compare 5Paisa & Aditya Birla Capital as here under:

Aditya Birla Capital Solution
Particulars5paisaAditya Birla Capital
Trading Account Opening Fees650 RupeesFree
Trading AMCFreeFree
DEMAT Account Opening FeesFreeFree
DEMAT AMC45 Rupees per month if Trade, else Zero450 Rupees p.a. or 555 Rupees for 5 Years.
Provide DP ServiceYESYES

5Paisa Vs Aditya Birla Capital Brokerage Plan: 

Here we have compared 5Paisa and Aditya Birla Capital based on brokerage plan offerings to the customers. Both 5Paisa & Aditya Birla Capital doesn’t have any of the multiple, monthly or yearly plans. 

Particulars5paisaAditya Birla Capital
Multiple PlansNONO
Monthly PlansNONO
Yearly PlansNONO

Comparison: Based on Brokerage Charges: 

Aditya Birla Capital offers its customers a percentage base brokerage plan. Whereas 5Paisa doesn’t have a % based plan. 5Paisa offers a plan to its customers which costs a flat fee of INR. 10/- per order. Also, Aditya Birla Capital has a fixed minimum brokerage charge of INR.20/-per executed order, whether there is no fixed/ minimum brokerage fee for 5Paisa.

5Paisa Account
Particulars5paisaAditya Birla Capital
Plan NameFlat Fee 10 Rupees Trading PlanI-Decide Trading Plan (Percentage Based)
Equity Delivery serviceFlat Fee 10 Rupees0.2% or 0.2 Rupees
Equity Intraday serviceFlat Fee 10 Rupees0.02% or 0.02 Rupees
Equity Futures Flat Fee 10 Rupees0.02% or 0.02 Rupees
Equity Options serviceFlat Fee Rupees 10INR. 35 Per Lot
Currency Futures serviceFlat Fee Rupees 100.02% or 0.02 Rupees
Currency Options facilityFlat Fee 10 Rupees20 Rupees Per Lot
Commodity Trading facilityFlat Fee 10 Rupees30 Rupees Per Lot
Minimum BrokerageNAA minimum brokerage of 20 Rupees per executed order
Hidden ChargesNoInfo Not Available
FundingYes – 18% interest PAInfo Not Available
Call & Trade Charges100 Rupees per call (No limit of orders)Info Not Available

5Paisa Vs Aditya Birla Capital Transactional Charges:

In this below-mentioned chart, the details of transactional charges are mentioned according to the product type: 

Particulars5paisaAditya Birla Capital
Equity Delivery325 Rupees Per Cr350 Rupees Per Cr
Equity Intraday325 Rupees Per Cr350 Rupees Per Cr
Equity Futures190 Rupees Per Cr200 Rupees Per Cr
Equity Options5000 Rupees Per Cr6000 Rupees Per Cr
Currency Futures110 Rupees Per Cr120 Rupees Per Cr
Currency Options4000 Rupees Per CrINR. 4200 Per Cr
CommodityNANon-Agri: 360 Rupees Per Cr 
Agri: 275 Rupees Per Cr

Comparison: Based on the feature provided in account:

Both 5Paisa & Aditya Birla Capital provide various facilities to their customers. All the facilities hereby mentioned below along with the comparison:

Particulars5paisaAditya Birla Capital
3 in 1 AccountNONO
ChartingYESYES
ALGO TradingYESNO
SMS AlertsYESYES
Online DemoYESYES
Online PortfolioNOYES
Margin Trading Funding AvailableYESYES
Combined Ledger for Equity and CommodityYESYES
Intraday Square-off Time3:15 PM3:15 PM
NRI TradingNONO

Comparison: Based on Trading Platform:

Both 5Paisa & Aditya Birla Capital offers different platforms for trading to their customers- like, online, mobile, desktop, tablet, etc. The comparison based on that is given below: 

Particulars5paisaAditya Birla Capital
Desktop Trading Platform5paisaTradeStationOMNESYS NEST-Express Trade
Desktop Platform (Windows)YESYES
Desktop Platform (Mac)NONO
Web Trading PlatformYESYES
Web Trading Detailhttps://www.5paisa.com/online-tradinghttps://abtrade.adityabirlamoney.com/PlatformWeb/Platform/Account/LogIn
Mobile SiteYESYES
Mobile TradingYESYES
Mobile Trading App5paisa Mobile AppABM Mobile Invest
Android Mobile AppYESYES
iPhone Mobile App (IOS)YESNO
Android Tablet AppYESYES
iPad App (IOS)YESNO
Trading Software ChargesFreeInfo Not Available

Comparison: Based on Investment offer: 

According to the large variety of investment opportunities, both 5Paisa & Aditya Birla Capital provide many options like Mutual fund, bond, Insurance, SIP, IPO, etc. The comparison is mentioned as follows:

Particulars5paisaAditya Birla Capital
Equity Cash and F&OYESYES
Currency DerivativesYESYES
CommodityYESYES
Online IPO ApplicationNONO
Mutual FundsYESYES
Bond / NCDYESYES
ETFYESYES
BankingNONO
InsuranceYESYES
ForexNONO
MF SIP InvestmentYESYES
Equity SIP InvestmentNONO
PMS ServiceNONO
Other Investment OptionsNILNIL

Comparison: Based on DEMAT Account offerings:

Here we will compare 5Paisa vs Aditya Birla Capital based on offering DEMAT A/c to its customers for share trading. The facilities & charges related to DEMAT account is compared below:

Particulars 5paisaAditya Birla Capital
DP SourceCDSLCDSL
DP ID 8250037600
DEMAT Account Annual Maintenance Charges(AMC)Monthly Plan – INR. 45 (In case of any transaction in a month)INR. 450 pa or INR. 1500 Lifetime AMC
Advance DepositNILNIL
Statutory chargesNilNil
Transaction Charges on Debit (Per ISIN)0.025% or INR. 25 whichever is higher + CDSL charges#8377;30 for Normal AC, #8377;20 for Lifetime AMC
DEMATINR. 15 per certificateINR. 5 per certificate + INR. 50 courier charges
REMATINR. 15 for every hundred securities or INR. 15 per certificate whichever is higherINR. 15 for every hundred securities or INR. 15 per certificate (whichever is higher) + INR. 50 courier charges
Pledge CreationINR. 50INR. 50
Pledge Creation ConfirmationNILINR. 50
Pledge ClosureNILINR. 50
Pledge Closure ConfirmationNILINR. 50
Pledge InvocationNILINR. 50
Failed Instruction ChargesNilNil

Comparison: Based on Customer Service:   

Here are the comparison & details of 5Paisa vs Aditya Birla Capital regarding customer assistance:

Particulars5paisaAditya Birla Capital
24/7 Customer Service NONO
Email Support YESYES
Online Live Chat NONO
Phone Support YESYES
Toll Free Number NOYES
Through Branches NOYES
Customer Care Number “+91 89766 89766”1800-270-7000
Account Opening Process Online/PaperlessInfo Not Available
Customer Support Email [email protected][email protected]
Knowledge Centre /Education https://www.5paisa.com/knowledge-centrehttps://stocksandsecurities.adityabirlacapital.com/learning-center/knowldge-center
Head Office Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane – 400604
Aditya Birla Money, Ali Centre, No. 53, Greams Road, Chennai – 600006
Website https://www.5paisa.com/https://stocksandsecurities.adityabirlacapital.com/

Conclusion:

In the above article, we have tried to compare 5Paisa vs Aditya Birla Capital based on charges, product offerings, service quality, etc. But the individual result may vary upon the specified requirement of clients/investors. So, it is advised not to consider the ratings but to consider the detailed information before choosing the right broker.

5paisa Account Opening