IDBI Direct Broker QnA (Frequently Asked Questions) - Get answer of all basic question on trading plan, account opening process, fees, charges, trading tool, performance and customer care.
Full Service Broker
IDBI Direct support trading at - BSE, NSE.
Equity (Delivery,Intraday,Future and Option),Currency
IDBI Direct charges Rs 700 to open account.
Rs 350 PA
Yes, Demat Account is mandatory when opening trading account with IDBI Direct.
No,IDBI Direct don't have monthly plans.
No,IDBI Direct don't have yearly plans.
Yes, The minimum brokerage charges with IDBI Direct is Rs 25 per trade or 2.5% of the trade value whichever is lower.
Equity Delivery - 0.5% or 50 paisa
Equity Intraday - 0.08% or 8 paisa
Equity Future - 0.08% or 8 paisa
Equity Option - Rs 100 Per Lot
Commodity - NA
Currency Derivatives (Future) - 0.08% or 8 paisa
Currency Derivatives (Option) - Rs 100 Per Lot
Equity Delivery - Rs 325 Per Cr
Equity Intraday - Rs 325 Per Cr
Equity Future - Rs 190 Per Cr
Equity Option - Rs 5100 Per Cr
Commodity - NA
Currency Derivatives (Future) - Rs 110 Per Cr
Currency Derivatives (Option) - Rs 4000 Per Cr
Yes; you can invest in IPO's with IDBI Direct.
Yes; you can invest in Mutual Fund's with IDBI Direct.
Yes; you can trade in bonds and NCD's with IDBI Direct.
Yes; 3 in 1 account is available with IDBI Direct.
No; IDBI Direct doesn't offer automated trading to its retail trading customers.
Yes; you can place 'After Trading Hours' Order with IDBI Direct. The After Hour Sessions enable you to place orders even when the market is closed. The timings of the After Hour Order varies by broker to broker. Most brokers allows to place the AMO orders between 3:30 PM to 9:00 AM on trading day and 24 hrs on non trading day (weekends or trading holidays).
Note: After hour facility for order placement may not be available certain segments. Please check with the broker for more detail about this service.
Yes; you can place GTC Orders with IDBI Direct.
Yes; Margin funding is available when trading with IDBI Direct. Please contact IDBI Direct for more detail as this feature may not be available to all the customers.
No; combined ledger for Equity and Commodity is not available when trading with IDBI Direct.
No; IDBI Direct doesn't provide 24x7 customer service.
No; IDBI Direct doesn't provide customer service through Chat service online.
Yes; IDBI Direct provide toll free number for customer support.
Yes; IDBI Direct offers customer service through local branch offices, local partners and franchises.
Yes' IDBI Direct provide free tips for stock and commodity trading to its customers.