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Both the brokers are registered with SEBI. IDBI Direct offers investmenet in Equity, F&O and Currency only, where Indira Securities offers investment in Equity, F&O, Currency and Commodities.. The brokerage of IDBI Direct ranges between 0.02% to 0.20% while the brokerage of Indira Securities ranges between 0.01% to 0.10%. Both the brokers are Full Service brokers. IDBI Direct is having overall lower rating compare to Indira Securities. IDBI Direct is rated only 3.5 out of 5 where Indira Securities is rated 4 out of 5. Number of active customer for IDBI Direct is 55,291 where number of active customer for Indira Securities is 8,801. IDBI Direct is serving more customer compare to Indira Securities.
Here we present side-by-side comparison of IDBI Direct vs Indira Securities 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 Indira Securities'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 Indira Securities 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 Indira Securities's on
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.
 IDBI Direct |
 Indira Securities |
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|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
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Full Service Broker | Full Service Broker |
| Exchanges Supported
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NSE, BSE | NSE, BSE, MCX |
| Active Clients | 55,291 | 8,801 |
| 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...  |
Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the... |
| Broker Enquiry |
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Comparison of IDBI Direct with Indira Securities 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 Indira Securities charges Rs 400 PA AMC for Demat account.
| Charges | IDBI Direct | Indira Securities |
|---|---|---|
| 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 400 PA |
| Provide DP Service |  |
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Plans are the most important feature you look when compare IDBI Direct with Indira Securities. 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.
| Plan Types | IDBI Direct | Indira Securities |
|---|---|---|
| Multiple Plans |  |
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| Monthly Plans | |
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| Yearly Plans | |
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| Zerodha | Zerodha | |
|---|---|---|
| Account Opening Request |
IDBI Direct Brokerage Plan detail - IDBI Direct Brokerage Plan
Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.
| Brokerage Charges Compare | IDBI Direct | Indira Securities |
|---|---|---|
| Plan Name | Flat Brokerage PLan | Traditional Brokerage Plan |
| Equity Delivery | 0.20% | 0.10% |
| Equity Intraday | 0.02% | 0.01% |
| Equity Futures | Flat Rs 15 per order | 0.01% |
| Equity Options | Flat Rs 15 per order | Rs. 25 per lot (both side) |
| Currency Futures | Flat Rs 15 per order | Flat Fee Rs 20 |
| Currency Options | Flat Rs 15 per order | Futures: 0.01%|Options: Rs. 25 per lot (both side) |
| Commodity Trading | NA | Futures: 0.01%|Options: Rs. 25 per lot (both side) |
| Minimum Brokerage | Rs 25 per trade or 2.5% of the trade value whichever is lower. | NA |
| Hidden Charges | Info Not Available | Info Not Available |
| Funding | Info Not Available | Yes - 18% interest PA |
| Call & Trade Charges | Free | Free |
| Auto Square off Charges | NA | Free |
| Brokerage Calculator | Brokerage Calculator for IDBI Direct | Brokerage Calculator for Indira Securities |
Compare IDBI Direct with Indira Securities on transaction charges and PCM fee by segment.
| Transaction Charges Compare | IDBI Direct | Indira Securities |
|---|---|---|
| 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| Agri Rs 600 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for idbicapital | Complete Brokerage Plans for indira-securities |
Compare IDBI Direct with Indira Securities 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 Indira Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - Indira Securities 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 Compare | IDBI Direct | Indira Securities |
|---|---|---|
| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15 PM |
| NRI Trading | |
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| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w IDBI Direct and Indira Securities. 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 | Indira Securities |
|---|---|---|
| Desktop Trading Platform | Infinity | ODIN Diet |
| Desktop Demo | Info Not Available | Desktop Demo |
| Desktop Platform (Windows) | |
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| Desktop Platform (Mac) | |
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| Web Trading Platform | |
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| Web Trading Detail | https://trade.idbicapital.com/ | https://www.indiratrade.com/trade-online |
| Web Trading Demo | Info Not Available | Web Trading Demo |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | IDBI Direct Mobile App | TradeInsta |
| Mobile Trading App Demo | Info Not Available | TradeInsta Demo |
| Android Mobile App | |
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| Android App Download | Andriod IDBI Direct Mobile App Download | Andriod TradeInsta Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS IDBI Direct Mobile App Download | iOS TradeInsta Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| Trading Software Charges | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for IDBI Direct | Equity Intraday and Delivery Brokerage Calculator for Indira Securities |
| Futures Brokerage Calculator | Futures Brokerage Calculator for IDBI Direct | Futures Brokerage Calculator for Indira Securities |
| Options Brokerage Calculator | Options Brokerage Calculator for IDBI Direct | Options Brokerage Calculator for Indira Securities |
| Detail | Detail on Trading Platforms for idbicapital | Detail on Trading Platforms for indira-securities |
| IDBI Direct | Indira Securities | |
|---|---|---|
31 Customer Reviews
 |
1 Customer Reviews
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| Fees Ratings | 3.0 | 2.0 |
| Trading Brokerage Rating | 2.5 | 4.0 |
| Trading Platform Usability | 2.6 | 2.0 |
| Customer Service Ratings | 2.7 | 2.0 |
| Overall Ratings | 2.7 | 3.0 |
| Broker Rating | IDBI Direct is Rated 2.7 / 5 based on 31 customer reviews | Indira Securities is Rated 3.0 / 5 based on 1 customer reviews |
Compare IDBI Direct with Indira Securities 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 - Indira Securities 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) - both the brokers don't have PMS Service.
| Investment Offerings Compare | IDBI Direct | Indira Securities |
|---|---|---|
| Equity Cash and F&O | |
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| Currency Deravitives | |
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| Commodity | |
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| Online IPO Application | |
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| Mutual Funds | |
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| Bond / NCD | |
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| ETF | |
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| Banking | |
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| Insurance | |
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| Forex | |
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| MF SIP Investment | |
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| Equity SIP Investment | |
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| PMS Service | |
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| Other Investment Options | NIL | NIL |
Order Type - Compare IDBI Direct with Indira Securities 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 Type Compare | IDBI Direct | Indira Securities |
|---|---|---|
| CNC order | |
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| MIS order | |
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| NRML order | |
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| Cover order | |
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| Bracket order | |
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| AMO-After Market Orders | |
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| GTC-Good Till Cancelled | |
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Compare IDBI Direct with Indira Securities 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 Service Compare | IDBI Direct | Indira Securities |
|---|---|---|
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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| Customer Care Number
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022-3913 5001 | +91-(0)731-4797105/115/146 |
| Account Opening Process
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Info Not Available | Online/Paperless |
| Customer Support Email
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[email protected] | [email protected] |
| Knowledge Center/Education
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Info Not Available | https://www.indiratrade.com/blog |
| Head Office Address
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Info Not Available |
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| Website
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https://www.idbidirect.in/ | https://www.indiratrade.com/ |
Compare IDBI Direct with Indira Securities on research reports and tips provided by the broker.
| IDBI Direct | Indira Securities | |
|---|---|---|
| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Compare IDBI Direct with Indira Securities 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 Indira Securities is ₹450 pa (Second year onwards) 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 Indira Securities is ₹20 or 0.02% whichever is higher.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
| IDBI Direct | Indira Securities | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
No | 752000 |
| Demat Account Annual Maintenance Charges(AMC) | ₹350 pa | ₹450 pa (Second year onwards) |
| 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 or 0.02% whichever is higher |
| Demat | ₹5 per certificate + ₹30 courier charges | ₹5 per certificate + ₹35 courier charges |
| Remat | ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹25 courier charges | ₹50 per RRN |
| Pledge Creation | 0.05% of transaction value or ₹50 whichever is higher | ₹50 |
| Pledge Creation Confirmation | Nil | Nil |
| Pledge Closure | 0.0002% of transaction value or ₹25 whichever is higher | ₹50 |
| 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 | ₹50 or 0.02% whichever is higher |
| Failed Instruction Charges | Nil | ₹25 |
| Other Charges | Nil | Book Charges ₹20,POA Charges ₹130 |
Compare IDBI Direct with Indira Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| IDBI Direct | Indira Securities | |
|---|---|---|
| Pay In and Pay Out Options
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Info Not Available | Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta. Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time
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Info Not Available | Max 24 hrs except bank holidays |
| Bank Supported and Charges
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Info Not Available | Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta). |
| Bank Detail | Info Not Available | HDFC Bank
Account#00360340002251 Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP IFSC Code:HDFC0000036 |
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| Special Offers/Promo | Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order. | |
| Enquiry | Open Zerodha Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-08-21T03:25:00+00:00
