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IDBI Direct Vs : Which one is better?

Number of active customer for IDBI Direct is 55,285 where number of active customer for is . IDBI Direct is serving more customer compare to .

Here we present side-by-side comparison of IDBI Direct vs 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 '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 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 '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 on Service

  IDBI Direct Compare
IDBI Direct
 Compare
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE
Active Clients 55,285
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
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare IDBI Direct vs on Trading & Demat Account Opening Charges

Comparison of IDBI Direct with on trading & demat account opening charges and AMC. Trading account opening charges - IDBI Direct offer Free account opening where charges for account opening. Demat AMC charges - IDBI Direct charges Rs 350 PA [Free for 1st year] AMC for Demat account where charges AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IDBI Direct with
Charges IDBI Direct
Trading Account Opening Fees Free
Trading AMC Free
Demat Account Opening Fees Free
Demat AMC Rs 350 PA [Free for 1st year]
Provide DP Service Yes
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About Brokerage Plans

Compare IDBI Direct vs on Plan Options

Plans are the most important feature you look when compare IDBI Direct with . 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 on Plan Options
Plan Types IDBI Direct
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare IDBI Direct vs on Brokerage Charges

IDBI Direct Brokerage Plan detail - IDBI Direct Brokerage Plan

Brokerage Plan detail -

Brokerage Charges - Compare IDBI Direct with
Brokerage Charges Compare IDBI Direct
Plan Name Flat Brokerage PLan
Equity Delivery 0.20%
Equity Intraday 0.02%
Equity Futures Flat Rs 15 per order
Equity Options Flat Rs 15 per order
Currency Futures Flat Rs 15 per order
Currency Options Flat Rs 15 per order
Commodity Trading NA
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. NIL
Hidden Charges Info Not Available
Funding Info Not Available
Call & Trade Charges Free
Auto Square off Charges NA
Brokerage Calculator Brokerage Calculator for IDBI Direct Brokerage Calculator for
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Share Broker's Transaction Charges

Compare IDBI Direct vs on Transaction Charges

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

Transaction Charges - Compare IDBI Direct with
Transaction Charges Compare IDBI Direct
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA
Brokerage Charges Complete Brokerage Plans for idbicapital Complete Brokerage Plans for
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Account Features

Compare IDBI Direct vs on Account Features

Compare IDBI Direct with 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 offers only 2-in-1 account which includes trading and demat account. Algo Trading - offers Algo Trading where IDBI Direct doesn't offers Algo Trading. Margin Funding - IDBI Direct offers a margin funding where doesn't offers margin funding. NRI Trading - IDBI Direct offers NRI where doesn't offers NRI Trading.

Account Features - IDBI Direct with
Account Features Compare IDBI Direct
3 in 1 Account Yes, IDBI Direct have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes
Algo Trading No
SMS Alerts Yes
Online Demo Yes
Online Portfolio Yes
Margin Trading Funding Available Yes
Combined Ledger for Equity and Commodity No
Intraday Square-off Time 3:15PM
NRI Trading Yes
Other Features NIL NIL
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Trading Platform

Compare IDBI Direct vs on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IDBI Direct and . 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
Trading Platform Compare IDBI Direct
Desktop Trading Platform Infinity
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes
Desktop Platform (Mac) No
Web Trading Platform Yes
Web Trading Detail https://trade.idbicapital.com/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No
Mobile Trading Yes
Mobile Trading App IDBI Direct Mobile App
Mobile Trading App Demo Info Not Available Demo
Android Mobile App Yes
Android App Download Andriod IDBI Direct Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes
iOS App Download iOS IDBI Direct Mobile App Download iOS Download
Android Tablet App Yes
iPad App (IOS) Yes
Trading Software Charges Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IDBI Direct Equity Intraday and Delivery Brokerage Calculator for
Futures Brokerage Calculator Futures Brokerage Calculator for IDBI Direct Futures Brokerage Calculator for
Options Brokerage Calculator Options Brokerage Calculator for IDBI Direct Options Brokerage Calculator for
Detail Detail on Trading Platforms for idbicapital Detail on Trading Platforms for

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Broker Ratings by Users

Compare IDBI Direct vs on User Rating

  IDBI Direct
  31 Customer Reviews    Rate IDBI Direct Customer Reviews    Rate
Fees Ratings 3.0
Trading Brokerage Rating 2.5
Trading Platform Usability 2.6
Customer Service Ratings 2.7
Overall Ratings 2.7
Broker Rating IDBI Direct is Rated 2.7 / 5 based on 31 customer reviews
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Investment Offerings

Compare IDBI Direct vs on Investment Offerings

Compare IDBI Direct with 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 - Both broker don't offers Commodity Trading (MCX). Online Mutual Fund Investment - IDBI Direct offers online mutual fund investment option where doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare IDBI Direct vs on Order Types

Order Type - Compare IDBI Direct with 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) - IDBI Direct provide Cover Orders (CO) where doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - IDBI Direct provide Bracket Orders (BO) where doesn't offer.With the name its cleare 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 higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- IDBI Direct offers After Market Orders where doesn't offers AMO. GTC Orders- IDBI Direct offers Good Till Cancelled (GTC) orders where doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare IDBI Direct with
Order Type Compare IDBI Direct
CNC order Yes No
MIS order Yes No
NRML order Yes No
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes
GTC-Good Till Cancelled Yes
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Customer Service Offered

Compare IDBI Direct vs on Customer Service

Compare IDBI Direct with 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
Customer Service Compare IDBI Direct
24/7 Customer Service IDBI Direct vs  - 24x7 customer support No
Email Support IDBI Direct vs  - Email Support Yes
Onine Live Chat IDBI Direct vs  - Onine Live Chat No
Phone Support IDBI Direct vs  - Phone Support Yes
Toll Free Number IDBI Direct vs  - Toll Free Number Yes
Through Branches IDBI Direct vs  - Through Branches Yes
Customer Care Number IDBI Direct vs  - Customer Care Number 022-3913 5001
Account Opening Process IDBI Direct vs  - Account Opening Process Info Not Available
Customer Support Email IDBI Direct vs  - Customer Support Email [email protected]
Knowledge Center/Education IDBI Direct vs  - Knowledge Center/Education Info Not Available
Head Office Address IDBI Direct vs  - Head Office Address/Corporate Address Info Not Available
Website IDBI Direct vs  - Company Website https://www.idbidirect.in/
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Tips/Research/Reports Published

Compare IDBI Direct vs on Research Reports, Tips

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

Research Reports - Compare IDBI Direct with
  IDBI Direct
Research Mutual Funds IDBI Direct vs  - Research Mutual Funds Yes
Research Equity Reports IDBI Direct vs  - Research Equity Reports Yes
Research ETF IDBI Direct vs  - Research ETF Yes
Daily Market Report IDBI Direct vs  - Daily Market Report Yes
Free Tips IDBI Direct vs  - Free Tips Yes
Quarterly Result Analysis IDBI Direct vs  - Quarterly Results Yes
News Alerts IDBI Direct vs  - Yes
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Demat Account

Compare IDBI Direct vs on Demat Account

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

Compare IDBI Direct vs on Special Offers and Promotion

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

Compare IDBI Direct vs on Special Offers and Promotion
  IDBI Direct
Pay In and Pay Out Options IDBI Direct vs  - Pay In and Pay Out Options Info Not Available
Payout Time IDBI Direct vs  - Payout Time Info Not Available
Bank Supported and Charges IDBI Direct vs  - Bank Supported and Charges Info Not Available
Bank Detail 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...

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...

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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