Compare 3 Brokers

Fyers Vs IDBI Direct: Which one is better?

The brokerage of Fyers Max Rs 20 per trade while the brokerage of IDBI Direct ranges between .08 to .5%. Fyers is a Discount Broker where IDBI Direct is a Full Service Broker. Fyers is having overall higher rating compare to IDBI Direct. Fyers is rated 4 out of 5 where IDBI Direct is rated only 3.5 out of 5.

Here we present side-by-side comparison of Fyers vs IDBI Direct share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Fyers vs IDBI Direct'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.

Compare Fyers vs IDBI Direct on Service

  Fyers Compare
Fyers
IDBI Direct Compare
IDBI Direct
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? NSE BSE, NSE
Broker Overview Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment. IDBI Capital provides well rounded services like 3 in 1 account, support to NRIs, research reports and analytical tools but comes with subscription fee thus not suitable for casual trader. But it can suit active investors with its competitive broker...Know more about IDBI Direct
Broker Enquiry Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you. Open an Online Trading Account with IDBI Direct. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Fyers vs IDBI Direct on Trading & Demat Account Opening Charges

In this section we have compared Fyers with IDBI Direct on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where IDBI Direct charges Rs 700 for account opeing. Demat AMC charges - Fyers charges Rs 400 PA AMC for Demat account where IDBI Direct charges Rs 350 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Fyers with IDBI Direct
Charges Fyers IDBI Direct
Trading Account Opening Fees Free Rs 700
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 350 PA
Provide DP Service No Yes
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About Brokerage Plans

Compare Fyers vs IDBI Direct on Plan Options

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

Compare Fyers with IDBI Direct on Plan Options
Plan Types Fyers IDBI Direct
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Fyers IDBI Direct
Account Opening Request
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Brokerage Charges

Compare Fyers vs IDBI Direct on Brokerage Charges

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

IDBI Direct Brokerage Plan detail - This is a prepaid brokerage plan with subscription fee.Plan duration from 6 to 12 months.

Brokerage Charges - Compare Fyers with IDBI Direct
Brokerage Charges Compare Fyers IDBI Direct
Plan Name Max Rs 20 Per Order Trading Plan Flexi Gold Trading Plan (Percentage Based)
Equity Delivery Free 0.5% or 50 paisa
Equity Intraday 0.01% or Rs 20 whichever is lower 0.08% or 8 paisa
Equity Futures 0.01% or Rs 20 whichever is lower 0.08% or 8 paisa
Equity Options Flat Fee Rs 20 Rs 100 Per Lot
Currency Futures 0.01% or Rs 20 whichever is lower 0.08% or 8 paisa
Currency Options Flat Fee Rs 20 Rs 100 Per Lot
Commodity Trading NA NA
Minimum Brokerage NIL Rs 25 per trade or 2.5% of the trade value whichever is lower.
Hidden Charges No Info Not Available
Funding No Info Not Available
Call & Trade Charges Rs 20 Per Order Info Not Available
Brokerage Calculator Brokerage Calculator for Fyers Brokerage Calculator for IDBI Direct
SPAN Margin Calculator SPAN Margin Calculator for Fyers SPAN Margin Calculator for IDBI Direct
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Share Broker's Transaction Charges

Compare Fyers vs IDBI Direct on Transaction Charges

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

Transaction Charges - Compare Fyers with IDBI Direct
Transaction Charges Compare Fyers IDBI Direct
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 240 Per Cr Rs 190 Per Cr
Equity Options Rs 5900 Per Cr Rs 5100 Per Cr
Currency Futures Rs 175 Per Cr Rs 110 Per Cr
Currency Options Rs 6500 Per Cr Rs 4000 Per Cr
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for fyers Complete Brokerage Plans for idbicapital
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Account Features

Compare Fyers vs IDBI Direct on Account Features

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

Account Features - Fyers with IDBI Direct
Account Features Compare Fyers IDBI Direct
3 in 1 Account No Fyers have 2-in-1 account. Only Demate and Trading account. Yes, Fyers have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features Free Call & trade NIL
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Trading Platform

Compare Fyers vs IDBI Direct on Trading Platform

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

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

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Broker Ratings by Users

Compare Fyers vs IDBI Direct on User Rating

  Fyers IDBI Direct
  5 Customer Reviews    Rate Fyers 30 Customer Reviews    Rate IDBI Direct
Fees Ratings 3.4 3.0
Trading Brokerage Rating 3.8 2.4
Trading Platform Usability 4.2 2.5
Customer Service Ratings 4.0 2.8
Overall Ratings Rated 3.8 stars Rated 2.7 stars
Broker Rating Fyers is Rated 3.8 / 5 based on 5 customer reviews IDBI Direct is Rated 2.7 / 5 based on 30 customer reviews
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Investment Offerings

Compare Fyers vs IDBI Direct on Investment Offerings

Compare Fyers with IDBI Direct 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers don't offers Commodity Trading (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare Fyers vs IDBI Direct on Order Types

Order Type - Compare Fyers with IDBI Direct on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Fyers provide Cover Orders (CO) where IDBI Direct 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) - Fyers provide Bracket Orders (BO) where IDBI Direct 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)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- Fyers offers Good Till Cancelled (GTC) orders where IDBI Direct doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Fyers with IDBI Direct
Order Type Compare Fyers IDBI Direct
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes No
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare Fyers vs IDBI Direct on Margin/Leverage

Comapre Fyers with IDBI Direct on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Fyers with IDBI Direct
Margin Product Compare Fyers IDBI Direct
Equity Delivery Margin Fyers vs IDBI Direct - Equity Delivery Margin No Margin/Leverage for Equity delivery. Info Not Available
Equity Intraday Margin Fyers vs IDBI Direct - Equity Intraday Margin Up to 16x leverage for equity. Info Not Available
Futures Margin Fyers vs IDBI Direct - Futures Margin Up to 4x leverage for equity futures. Info Not Available
Options Margin Fyers vs IDBI Direct - Options Margin Up to 4x for options selling and 1.3x for options buying. Info Not Available
Equity CO Margin Fyers vs IDBI Direct - Equity CO Margin Up to 20x leverage for equity cover order. Info Not Available
Futures CO Margin Fyers vs IDBI Direct - Futures CO Margin Up to 33x leverage for future cover order. Info Not Available
Options CO Margin Fyers vs IDBI Direct - Options CO Margin Up to 33x leverage for options cover order. Info Not Available
Commodity Margin Fyers vs IDBI Direct - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Fyers vs IDBI Direct on Customer Service

Compare Fyers with IDBI Direct on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Fyers with IDBI Direct
Customer Service Compare Fyers IDBI Direct
24/7 Customer Service Fyers vs IDBI Direct - 24x7 customer support No No
Email Support Fyers vs IDBI Direct - Email Support Yes Yes
Onine Live Chat Fyers vs IDBI Direct - Onine Live Chat No No
Phone Support Fyers vs IDBI Direct - Phone Support Yes Yes
Toll Free Number Fyers vs IDBI Direct - Toll Free Number No Yes
Through Branches Fyers vs IDBI Direct - Through Branches No Yes
Customer Care Number Fyers vs IDBI Direct - Customer Care Number 080 4625 1111 Info Not Available
Account Opening Process Fyers vs IDBI Direct - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Fyers vs IDBI Direct - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Fyers vs IDBI Direct - Knowledge Center/Education https://fyers.in/faqs/ Info Not Available
Head Office Address Fyers vs IDBI Direct - Head Office Address/Corporate Address Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Info Not Available
Website Fyers vs IDBI Direct - Company Website https://fyers.in/ Info Not Available
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Tips/Research/Reports Published

Compare Fyers vs IDBI Direct on Research Reports, Tips

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

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

Compare Fyers vs IDBI Direct on Demat Account

Compare Fyers with IDBI Direct on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Fyers with IDBI Direct
  Fyers IDBI Direct
DP Source CDSL CDSL
DP ID Fyers vs IDBI Direct - DP ID Info Not Available No
Demat Account Annual Maintenance Charges(AMC) 400 - Individual, 500 - Non Individual Rs. 450/- p.a ( Rs. 400/- for customers receiving statements by e-mail) Senior citizens ? Rs. 350/- p.a
Advance Deposit NIL NO
Statutory charges NIL NO
Transaction Charges on Debit (Per ISIN) Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders] 0.04% of market value or Rs30/- per Transaction whichever is higher
Demat 2 per certificate + Rs.35 courier charges Rs5 per certificate Plus Rs 40 postage
Remat Rs 25 Rs.20/- for every hundred securities or Flat fee of Rs.20/- per certificate whichever is higher
Pledge Creation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 0.05% of market value or Rs.50/- per transaction whichever is higher
Pledge Creation Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 NIL
Pledge Closure 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 0.05% of market value or Rs.25/- per transaction whichever is higher
Pledge Closure Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 0.05% of market value or Rs.25/- per transaction whichever is higher
Pledge Invocation 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually 0.15% of market value or Rs.25/- per transaction
Failed Instruction Charges Rs 30 per transaction nil
Other Charges Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request NIL

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Special Offers,Advantages,Disadvantages

Compare Fyers vs IDBI Direct on Special Offers and Promotion

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

Compare Fyers vs IDBI Direct on Special Offers and Promotion
  Fyers IDBI Direct
Pay In and Pay Out Options Fyers vs IDBI Direct - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Fyers vs IDBI Direct - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Fyers vs IDBI Direct - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. Info Not Available
Bank Detail Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Info Not Available
Likes
  1. Investment in mutual funds and advice on investment.
  2. Fyers trading and demat account opening is free and no minimum balance is required to open the account.
  3. In house and unique portfolio investment for new entrants in market called thematic investing at Rs 100 per theme.
  4. Detail Review...

3 in 1 service provider; new user friendly design and content layout on new portal idbidirect.in, investment offerings for NRIs

Detail Review...

Dislikes
  1. Trading can be done on NSE only.
  2. No own DP service,they have tie-up with IL&FS for demat services.
  3. Automated trading, bracket and cover orders are not available.
  4. DP charges on selling is higher compared to other discount brokers.

Detail Review...

Commodities & Currency trading is not available, minimum brokerage charges, technical issues with trading platforms

Detail Review...

Special Offers/Promo Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquiry Enquire about Fyers Enquire about IDBI Direct

Last Updated on 2019-07-08T01:29:09+00:00







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