FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

IDBI Direct Vs Angel One: Which one is better?

Both the brokers are registered with SEBI. IDBI Direct offers investmenet in Equity, F&O and Currency only, where Angel One offers investment in Equity, F&O, Currency and Commodities.. The brokerage of IDBI Direct Max 0.02% to 0.20% per trade while the brokerage of Angel One ranges between Rs 20. IDBI Direct is a Full Service Broker where Angel One is a Discount Broker. IDBI Direct is having overall lower rating compare to Angel One. IDBI Direct is rated only 3.5 out of 5 where Angel One is rated 4.5 out of 5. Number of active customer for Angel One is 59,83,067 where number of active customer for IDBI Direct is 55,285. Angel One is serving more customer compare to IDBI Direct.

Here we present side-by-side comparison of IDBI Direct vs Angel One share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared IDBI Direct vs Angel One's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of IDBI Direct vs Angel One share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared IDBI Direct vs Angel One's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare IDBI Direct vs Angel One on Service

  IDBI Direct Compare
IDBI Direct
Angel One Compare
Angel One
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 55,285 59,83,067
Broker Overview Open an integrated 3-in-1 trading account with IDBI Direct to trade in a hassle-free manner. Multiple platforms for trading across devices, stock trading tips, ideas and research reports, NRI trading, and advisory services are the reasons to choose I... Know more about IDBI Direct Enjoy full-service broker services at discounted brokerage rates with Angel One offering free delivery trading and charges Rs. 20/order flat brokerage across segments. Angel One is a new-age FinTech platform that provides next-gen technology platform...Know more about Angel One
Broker Enquiry Request call back from Zerodha Request call back from Angel One
Expand

Account Opening Charges and AMC

Compare IDBI Direct vs Angel One on Trading & Demat Account Opening Charges

Comparison of IDBI Direct with Angel One on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - IDBI Direct charges Rs 350 PA [Free for 1st year] AMC for Demat account where Angel One charges Rs 240 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IDBI Direct with Angel One
Charges IDBI Direct Angel One
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 350 PA [Free for 1st year] Rs 240 PA (Waived for 1st year)
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare IDBI Direct vs Angel One on Plan Options

Plans are the most important feature you look when compare IDBI Direct with Angel One. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare IDBI Direct with Angel One on Plan Options
Plan Types IDBI Direct Angel One
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Zerodha Angel One
Account Opening Request
Expand

Brokerage Charges

Compare IDBI Direct vs Angel One on Brokerage Charges

IDBI Direct Brokerage Plan detail - IDBI Direct Brokerage Plan

Angel One Brokerage Plan detail - Angel iTrade Prime - Free delivery trading and Flat Rs 20 for Intraday, F&O, Currency, and Commodity Trading.

Brokerage Charges - Compare IDBI Direct with Angel One
Brokerage Charges Compare IDBI Direct Angel One
Plan Name Flat Brokerage PLan Angel iTrade Prime Plan
Equity Delivery 0.20% Free
Equity Intraday 0.02% 0.03% or Rs 20 whichever is lower
Equity Futures Flat Rs 15 per order Flat Fee Rs 20
Equity Options Flat Rs 15 per order Flat Fee Rs 20
Currency Futures Flat Rs 15 per order Flat Fee Rs 20
Currency Options Flat Rs 15 per order Flat Fee Rs 20
Commodity Trading NA Flat Fee Rs 20
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Free Rs 20 per order
Auto Square off Charges NA Rs 20 per order
Brokerage Calculator Brokerage Calculator for IDBI Direct Brokerage Calculator for Angel One
Expand

Share Broker's Transaction Charges

Compare IDBI Direct vs Angel One on Transaction Charges

Compare IDBI Direct with Angel One on transaction charges and PCM fee by segment.

Transaction Charges - Compare IDBI Direct with Angel One
Transaction Charges Compare IDBI Direct Angel One
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for idbicapital Complete Brokerage Plans for angel-one
Expand

Account Features

Compare IDBI Direct vs Angel One on Account Features

Compare IDBI Direct with Angel One on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - IDBI Direct offers 3-in-1 account where Angel One offers only 2-in-1 account which includes trading and demat account. Algo Trading - Angel One offers Algo Trading where IDBI Direct doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - IDBI Direct with Angel One
Account Features Compare IDBI Direct Angel One
3 in 1 Account Yes, IDBI Direct have 3-in-1 accounts. Bank Account, Demat and Trading account. No IDBI Direct have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL Trading software terminal: ODIN(Angel) diet
Expand

Trading Platform

Compare IDBI Direct vs Angel One on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IDBI Direct and Angel One. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare IDBI Direct with Angel One
Trading Platform Compare IDBI Direct Angel One
Desktop Trading Platform Infinity Angel One
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.idbicapital.com/ https://www.angelone.in/trade/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App IDBI Direct Mobile App Angel One Mobile App
Mobile Trading App Demo Info Not Available Angel One Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod IDBI Direct Mobile App Download Andriod Angel One Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS IDBI Direct Mobile App Download iOS Angel One Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IDBI Direct Equity Intraday and Delivery Brokerage Calculator for Angel One
Futures Brokerage Calculator Futures Brokerage Calculator for IDBI Direct Futures Brokerage Calculator for Angel One
Options Brokerage Calculator Options Brokerage Calculator for IDBI Direct Options Brokerage Calculator for Angel One
Detail Detail on Trading Platforms for idbicapital Detail on Trading Platforms for angel-one

Expand

Broker Ratings by Users

Compare IDBI Direct vs Angel One on User Rating

  IDBI Direct Angel One
  31 Customer Reviews    Rate IDBI Direct 74 Customer Reviews    Rate Angel One
Fees Ratings 3.0 3.4
Trading Brokerage Rating 2.5 3.6
Trading Platform Usability 2.6 3.5
Customer Service Ratings 2.7 3.3
Overall Ratings 2.7 3.3
Broker Rating IDBI Direct is Rated 2.7 / 5 based on 31 customer reviews Angel One is Rated 3.3 / 5 based on 74 customer reviews
Expand

Investment Offerings

Compare IDBI Direct vs Angel One on Investment Offerings

Compare IDBI Direct with Angel One on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Angel One offers trading options in Commodity (MCX) where IDBI Direct doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Angel One provides PMS Service where IDBI Direct doesn't offer

Investment Offerings - Compare IDBI Direct with Angel One
Investment Offerings Compare IDBI Direct Angel One
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service No Yes
Other Investment Options NIL PMS
Expand

Order Types

Compare IDBI Direct vs Angel One on Order Types

Order Type - Compare IDBI Direct with Angel One on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare IDBI Direct with Angel One
Order Type Compare IDBI Direct Angel One
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
Expand

Customer Service Offered

Compare IDBI Direct vs Angel One on Customer Service

Compare IDBI Direct with Angel One on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare IDBI Direct with Angel One
Customer Service Compare IDBI Direct Angel One
24/7 Customer Service IDBI Direct vs Angel One - 24x7 customer support No No
Email Support IDBI Direct vs Angel One - Email Support Yes Yes
Onine Live Chat IDBI Direct vs Angel One - Onine Live Chat No Yes
Phone Support IDBI Direct vs Angel One - Phone Support Yes Yes
Toll Free Number IDBI Direct vs Angel One - Toll Free Number Yes No
Through Branches IDBI Direct vs Angel One - Through Branches Yes Yes
Customer Care Number IDBI Direct vs Angel One - Customer Care Number 022-3913 5001 1800 1020
Account Opening Process IDBI Direct vs Angel One - Account Opening Process Info Not Available Online/Paperless
Customer Support Email IDBI Direct vs Angel One - Customer Support Email [email protected] [email protected]
Knowledge Center/Education IDBI Direct vs Angel One - Knowledge Center/Education Info Not Available https://www.angelone.in/knowledge-center
Head Office Address IDBI Direct vs Angel One - Head Office Address/Corporate Address Info Not Available Angel One Limited,
G-1, Ackruti Trade Centre,
Road No. 7, MIDC,
Andheri (E), Mumbai - 400 093.
Website IDBI Direct vs Angel One - Company Website https://www.idbidirect.in/ https://www.angelone.in/
Expand

Tips/Research/Reports Published

Compare IDBI Direct vs Angel One on Research Reports, Tips

Compare IDBI Direct with Angel One on research reports and tips provided by the broker.

Research Reports - Compare IDBI Direct with Angel One
  IDBI Direct Angel One
Research Mutual Funds IDBI Direct vs Angel One - Research Mutual Funds Yes Yes
Research Equity Reports IDBI Direct vs Angel One - Research Equity Reports Yes Yes
Research ETF IDBI Direct vs Angel One - Research ETF Yes No
Daily Market Report IDBI Direct vs Angel One - Daily Market Report Yes Yes
Free Tips IDBI Direct vs Angel One - Free Tips Yes Yes
Quarterly Result Analysis IDBI Direct vs Angel One - Quarterly Results Yes Yes
News Alerts IDBI Direct vs Angel One - Yes Yes
Expand

Demat Account

Compare IDBI Direct vs Angel One on Demat Account

Compare IDBI Direct with Angel One on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Angel One is ₹450 pa where for IDBI Direct is ₹350 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for IDBI Direct is 0.04% of transaction value or ₹30 whichever is higher + CDSL charges where for Angel One is ₹20 + ₹5.50 (CDSL Charges) for every transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare IDBI Direct with Angel One
  IDBI Direct Angel One
DP Source CDSL CDSL
DP ID IDBI Direct vs Angel One - DP ID No 33200
Demat Account Annual Maintenance Charges(AMC) ₹350 pa ₹450 pa
Advance Deposit NO NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value or ₹30 whichever is higher + CDSL charges ₹20 + ₹5.50 (CDSL Charges) for every transaction
Demat ₹5 per certificate + ₹30 courier charges ₹50 per certificate
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹25 courier charges ₹50 + CDSL Charges
Pledge Creation 0.05% of transaction value or ₹50 whichever is higher ₹25 per transaction
Pledge Creation Confirmation Nil NIL
Pledge Closure 0.0002% of transaction value or ₹25 whichever is higher ₹25 per transaction
Pledge Closure Confirmation 0.0002% of transaction value or ₹25 whichever is higher NIL
Pledge Invocation 0.0015% of transaction value or ₹25 whichever is higher NIL
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare IDBI Direct vs Angel One on Special Offers and Promotion

Compare IDBI Direct with Angel One on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare IDBI Direct vs Angel One on Special Offers and Promotion
  IDBI Direct Angel One
Pay In and Pay Out Options IDBI Direct vs Angel One - Pay In and Pay Out Options Info Not Available Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Angel Trading Software.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time IDBI Direct vs Angel One - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges IDBI Direct vs Angel One - Bank Supported and Charges Info Not Available Around 40+ bank are prefered parter with Angel Broking.
Bank Detail Info Not Available Info Not Available
Likes
  • 3-in-1 account opening.
  • Zero brokerage for the first 3 months.
  • Zero AMC for the first year.
  • Competitive brokerage
  • Paperless investment in mutual funds.
  • Equity SIP facility in shares (Amount based SIP and quantity-based SIP).
  • Leverage/margin trading with E-margin.
  • Encash – BSE feature to instantly get sale proceeds.
  • Dealer-assisted trading and free call & trade
  • Place aftermarket order, bracket order, and cover order.
  • Place Good Till Date (GTD)
  • Buy today Sell Tomorrow (BTST)

Detail Review...

  • Trade at Max Rs. 20 per order on BSE, NSE, and MCX
  • Lifetime free delivery trading.
  • Pre-IPO Apply feature to subscribe to an IPO before it goes live.
  • Zero Demat AMC charges for 1st year.
  • Get free access to Angel One stock and IPO research.
  • Get smart recommendations with Angel One ARQ
  • User-friendly and technologically advanced trading platforms.
  • Place BO, CO, GTT, and Basket order
  • Free Angel One Smart API to build your own trading platform.
  • Large network of 16,000+ registered authorized partners.
  • Angel One Smart Money learning platform for beginners, traders, and investors.
  • Margin trading facility.
  • No hidden charges.

Detail Review...

Dislikes
  • Does not offer commodity trading.
  • The user interface of the trading platforms can be improved.
  • Customer service needs a lot of improvement.

Detail Review...

  • ARQ-Prime engine is a paid platform.
  • It does not offer a 3-in-1 account opening facility.
  • Does not offer unlimited monthly trading plans.

Detail Review...

Special Offers/Promo Free Trading for One Month (Up to Rs 500 value). Free Account Opening a limited-time offer.
Enquiry Open Zerodha Account Now>> Open Angel One Account Now>>

Last Updated on 2023-08-21T03:25:00+00:00