Compare stock brokers
Aditya Birla Money vs. Lse Securities
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are Aditya Birla Money and Lse Securities. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Aditya Birla Money and Lse Securities.
Overview
Aditya Birla Money is public company and Lse Securities is private company. both are full service broker as well. Kumar Mangalam Birla co-founded Aditya Birla Money in 2000. And Lse Securities was founded in the year 1981 by S.P. Oswal & B.M. Munjal. Aditya Birla Money's headquarters are in Mumbai, Maharashtra and Lse Securities's headquarters are in Ludhiana, Punjab.
Aditya Birla Money and Lse Securities both are full service broker as well. Aditya Birla Money is registered in BSE, NSE, MCX, while Lse Securities is registered in NA. The total branches of Aditya Birla Money are 880 and the Lse Securities branches are Nil.
| Overview | Aditya Birla Money | Lse Securities |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Public | Private |
| Headquarter | Mumbai, Maharashtra | Ludhiana, Punjab |
| Founders | Kumar Mangalam Birla | S.P. Oswal & B.M. Munjal |
| Foundation Year | 2000 | 1981 |
| Supported Exchanges | BSE, NSE, MCX | NA |
| Total branches | 880 | Nil |
Aditya Birla Money and Lse Securities Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with Aditya Birla Money charging Rs.750 and Lse Securities charging Free.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Aditya Birla Money Demat account is Free and for the Lse Securities Demat account is Free or Rs.250 per Annum. The Trading AMC for Aditya Birla Money and Lse Securities is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Aditya Birla Money and Lse Securities is CDSL.
| Account Opening and Demat Charges | Aditya Birla Money | Lse Securities |
|---|---|---|
| Trading Account Opening Charges | Rs.750 | Free |
| Demat AMC (Annual Maintenance Charges) | Free | Free or Rs.250 per Annum |
| Trading AMC (Annual Maintenance Charges) | Free | Free |
| Margin Money | Rs.20,000 | Rs.10,000 |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
Aditya Birla Money and Lse Securities Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Aditya Birla Money is 0.30%, while Lse Securities charges you 0.30%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Aditya Birla Money is 0.30% and for Lse Securities also, it is 0.03%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Aditya Birla Money charge 0.30% and Lse Securities charge 0.03% for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Aditya Birla Money charges Rs.50 per lot, and Lse Securities charges Rs.110 per Lot.
| Equity Brokerage Charges | Aditya Birla Money | Lse Securities |
|---|---|---|
| Equity Delivery Brokerage | 0.30% | 0.30% |
| Equity Intraday Brokerage | 0.30% | 0.03% |
| Equity Futures Brokerage | 0.30% | 0.03% |
| Equity Options Brokerage | Rs.50 per lot | Rs.110 per Lot |
Aditya Birla Money and Lse Securities Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Aditya Birla Money is 0.03% and for Lse Securities is 0.03%.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Aditya Birla Money charges Rs.20 per Lot for currency options, whereas Aditya Birla Money charges Rs.30 per Lot.
| Currency Brokerage Charges | Aditya Birla Money | Lse Securities |
|---|---|---|
| Currency Futures Brokerage | 0.03% | 0.03% |
| Currency Options Brokerage | Rs.20 per Lot | Rs.30 per Lot |
Aditya Birla Money and Lse Securities Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Aditya Birla Money charges 0.03% for commodity trading, while Lse Securities charges 0.03%.
| Commodity Brokerage Charges | Aditya Birla Money | Lse Securities |
|---|---|---|
| Commodity Options Brokerage | 0.03% | 0.03% |
Aditya Birla Money and Lse Securities Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Aditya Birla Money levies a minimum brokerage fee of Rs.20 per executed order, while Lse Securities charges Rs.15 brokerage fee.
Transaction Brokerage Charges: Aditya Birla Money levies a transaction brokerage charge of 0.00320% of Total Turnover, while Lse Securities charges 0.00315% of Total Turnover.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Aditya Birla Money is 0.0002% of Total Turnover and for Aditya Birla Money is 0.0007% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for Aditya Birla Money are 0.0126% of Total Turnover, while for Lse Securities, they are 0.0112% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Aditya Birla Money charges Nil and Lse Securities charges NA.
| Other Brokerage Charges | Aditya Birla Money | Lse Securities |
|---|---|---|
| Minimum Brokerage Charges | Rs.20 per executed order | Rs.15 | Transaction Brokerage Charges | 0.00320% of Total Turnover | 0.00315% of Total Turnover | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0007% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of Total Turnover | 0.0112% of Total Turnover | Call and Trade Charges | Nil | NA |
Aditya Birla Money and Lse Securities Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by Aditya Birla Money is up to Upto 5x and by Lse Securities it is up to Upto 1x.
Equity Intraday: Leverage for equity intraday by Aditya Birla Money is up to Upto 15x and by Lse Securities it is up to Upto 6x.
Equity Futures: Leverage for Equity Futures by Aditya Birla Money is up to Upto 4x and by Lse Securities it is up to Upto 2x.
Equity Options: Leverage for Equity Options by Aditya Birla Money is up to Upto 8x and by Lse Securities also, it is up to Upto 3x.
| Equity Leverage | Aditya Birla Money | Lse Securities |
|---|---|---|
| Equity Delivery | Upto 5x | Upto 1x | Equity Intraday | Upto 15x | Upto 6x | Equity Futures | Upto 4x | Upto 2x | Equity Options | Upto 8x | Upto 3x |
Aditya Birla Money and Lse Securities Currency Leverage
The currency futures leverage provided by Aditya Birla Money is up to Upto 3x, while for Lse Securities it is up to Upto 1x.
The currency options leverage provided by Aditya Birla Money is up to Upto 3x, while for Lse Securities it is up to Upto 1x.
| Currency Leverage | Aditya Birla Money | Lse Securities |
|---|---|---|
| Currency Futures | Upto 3x | Upto 1x | Currency Options | Upto 3x | Upto 1x |
Aditya Birla Money and Lse Securities Commodity Leverage
The commodity leverage provided by Aditya Birla Money is up to Upto 2x, while for Lse Securities it is up to Upto 1x.
| Commodity Leverage | Aditya Birla Money | Lse Securities |
|---|---|---|
| Commodity | Upto 2x | Upto 1x |
Aditya Birla Money and Lse Securities Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
| Offers | Aditya Birla Money | Lse Securities |
|---|---|---|
| Free Stock Trading Account | Yes | Yes | Free Demat Account | Yes | Yes | Flexible Plans | Yes | Yes | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | No | No | Referral Program | Yes | No | Zero Brokerage on Loss Trades | No | No |
Aditya Birla Money and Lse Securities Features
Equity Trading: Aditya Birla Money and Lse Securities brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: Aditya Birla Money and Lse Securities also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Aditya Birla Money and Lse Securities broker is that you can also invest in IPOs. Aditya Birla Money also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Aditya Birla Money offers trading exposure of up to Upto 15x, while Lse Securities gives up to Upto 6x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Aditya Birla Money and Lse Securities, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Aditya Birla Money and Lse Securities also allow you to trade in forex trading.
| Features | Aditya Birla Money | Lse Securities |
|---|---|---|
| Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
| Commodity Trading | Yes | Yes | IPO (Initial public offering) | Yes | Yes | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | Yes | No |
| Trading Institution | Yes | No | Trading Exposure | Upto 15x | Upto 6x | Mutual Funds | Yes | No | SIP (Systematic Investment Plan) | Yes | No | Forex Trading | No | No | Banking | No | No | Insurance | Yes | No |
Aditya Birla Money and Lse Securities Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Aditya Birla Money and Lse Securities offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
| Advisory Services | Aditya Birla Money | Lse Securities |
|---|---|---|
| Fundamental Reports | Yes | No |
| Research Reports | Yes | No |
| Company Reports | Yes | No |
| Annual Reports | No | No |
| Company Stock Review | No | No |
| Free Stock Tips | Yes | Yes |
| IPO Reports | Yes | No |
| Top Picks | Yes | Yes |
| Daily Market Review | Yes | No |
| Monthly Reports | Yes | No |
| Weekly reports | Yes | No |
| Offline Advisory | Yes | No |
| Relationship Manager | Yes | Yes |
Aditya Birla Money and Lse Securities Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Aditya Birla Money and Lse Securities offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
| Desktop Trading Platforms | Aditya Birla Money | Lse Securities |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | Yes |
| Desktop Browser | Yes | No |
Aditya Birla Money and Lse Securities Mobile Trading Platforms
Aditya Birla Money and Lse Securities offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Aditya Birla Money | Lse Securities |
|---|---|---|
| Mobile Browser | Yes | No |
| Android App | Yes | No |
| iOS App | Yes | No |
| Windows App | No | No |
| Other mobile os | No | No |
Aditya Birla Money and Lse Securities Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Aditya Birla Money and Lse Securities give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
| Customer Support Features | Aditya Birla Money | Lse Securities |
|---|---|---|
| Relationship Manager | Yes | Yes |
| Offline Trading | Yes | Yes |
| Online Trading | Yes | No |
| 24 * 7 Support | No | No |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 750 | 9 |
Aditya Birla Money and Lse Securities Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Aditya Birla Money and Lse Securities registered and resolved complaints.
For Aditya Birla Money, the Percentage of resolved BSE complaints is 97.46 % and the Percentage of resolved NSE complaints is 97.23 %.
For Lse Securities, the Percentage of resolved BSE complaints is 86.36 % and the Percentage of resolved NSE complaints is 89.47 %.
We can say that Aditya Birla Money is better than Lse Securities in case of resolving customer complaints.
| BSE Complaints | Aditya Birla Money | Lse Securities |
|---|---|---|
| BSE Complaints | 236 | 22 |
| BSE Resolved Complaints | 230 | 19 |
| Percentage of resolved BSE complaints | 97.46 % | 86.36 % |
| NSE Complaints | 325 | 38 |
| NSE Resolved Complaints | 316 | 34 |
| Percentage of resolved NSE complaints | 97.23 % | 89.47 % |
| BSE/NSE Complaint vs. Resolved Percentage | 97.34 % | 87.92 % |
Frequently Asked Questions
Is Aditya Birla Money better than Lse Securities?
Aditya Birla Money and Lse Securities are at the top among the best full service brokers. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Lse Securities better than Aditya Birla Money?
Lse Securities and Aditya Birla Money are at the top among the best full service brokers. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between Aditya Birla Money and Lse Securities?
Aditya Birla Money and operate as full-service brokers, generally resulting in higher brokerage charges compared to discount brokers. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, Aditya Birla Money and Lse Securities?
To figure out which of the two stockbrokers, Aditya Birla Money and Lse Securities, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Aditya Birla Money with other stock brokers
Visit the following pages to see a detailed comparision report of Aditya Birla Money with other brokerage firms.
Compare Lse Securities with other stock brokers
Visit the following pages to see a detailed comparision report of Lse Securities with other brokerage firms.