The brokerage of Sushil Finance ranges between .01 to .03 while the brokerage of IDBI Direct ranges between .08 to .5%. Both the brokers are Full Service brokers. Sushil Finance is having overall lower rating compare to IDBI Direct. Sushil Finance is rated only 3 out of 5 where IDBI Direct is rated 3.5 out of 5.
Here we present side-by-side comparison of Sushil Finance 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 Sushil Finance 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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||NSE,BSE,MCX,NCDEX||BSE, NSE|
|Broker Overview||Sushil Finance empowers you with ODIN trading platform, IPO & Mutual Fund investment, portfolio management services, SIP and so on for successful investment and trading comforts.||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...|
In this section we have compared Sushil Finance with IDBI Direct on trading & demat account opening charges and AMC. Trading account opening charges - Sushil Finance offer Free account opening where IDBI Direct charges Rs 700 for account opeing. Demat AMC charges - Sushil Finance charges Rs 400 PA AMC for Demat account where IDBI Direct charges Rs 350 PA AMC for Demat account.
|Charges||Sushil Finance||IDBI Direct|
|Trading Account Opening Fees||Free||Rs 700|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA||Rs 350 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Sushil Finance 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.
|Plan Types||Sushil Finance||IDBI Direct|
|Sushil Finance||IDBI Direct|
|Account Opening Request|
Sushil Finance Brokerage Plan detail - This is a standard plan by Sushil Finance.This is % based brokerage plan.
IDBI Direct Brokerage Plan detail - This is a prepaid brokerage plan with subscription fee.Plan duration from 6 to 12 months.
|Brokerage Charges Compare||Sushil Finance||IDBI Direct|
|Plan Name||Basic Trading Plan (Percentage Based)||Flexi Gold Trading Plan (Percentage Based)|
|Equity Delivery||0.3% or 30 paisa||0.5% or 50 paisa|
|Equity Intraday||0.03% or 3 paisa||0.08% or 8 paisa|
|Equity Futures||0.03% or 3 paisa||0.08% or 8 paisa|
|Equity Options||Rs 50 Per Lot||Rs 100 Per Lot|
|Currency Futures||0.03% or 3 paisa||0.08% or 8 paisa|
|Currency Options||Rs 30 Per Lot||Rs 100 Per Lot|
|Commodity Trading||0.03% or 3 paisa||NA|
|Minimum Brokerage||NIL||Rs 25 per trade or 2.5% of the trade value whichever is lower.|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Info Not Available||Info Not Available|
|Call & Trade Charges||Info Not Available||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for Sushil Finance||Brokerage Calculator for IDBI Direct|
|SPAN Margin Calculator||SPAN Margin Calculator for Sushil Finance||SPAN Margin Calculator for IDBI Direct|
Compare Sushil Finance with IDBI Direct on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Sushil Finance||IDBI Direct|
|Equity Delivery||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr|
|Equity Options||Rs 5100 Per Cr|
|Currency Futures||Rs 110 Per Cr|
|Currency Options||Rs 4000 Per Cr|
|Commodity||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr||NA|
|Brokerage Charges||Complete Brokerage Plans for sushil-finance||Complete Brokerage Plans for idbicapital|
Compare Sushil Finance 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 Sushil Finance offers only 2-in-1 account which includes trading and demat account. Algo Trading - Sushil Finance offers Algo Trading where IDBI Direct doesn't offers Algo Trading. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - both brokers provides NRI Trading facility.
|Account Features Compare||Sushil Finance||IDBI Direct|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w Sushil Finance 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||Sushil Finance||IDBI Direct|
|Desktop Trading Platform||ODIN Diet,NSE NOW||Infinity|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://itrading.sushilfinance.com/html5/||https://trade.idbicapital.com/|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||Sushil Connect||IDBI Direct Mobile App|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Sushil Connect Download||Andriod IDBI Direct Mobile App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Sushil Connect Download||iOS IDBI Direct Mobile App Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Info Not Available||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Sushil Finance||Equity Intraday and Delivery Brokerage Calculator for IDBI Direct|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Sushil Finance||Futures Brokerage Calculator for IDBI Direct|
|Options Brokerage Calculator||Options Brokerage Calculator for Sushil Finance||Options Brokerage Calculator for IDBI Direct|
|Detail||Detail on Trading Platforms for sushil-finance||Detail on Trading Platforms for idbicapital|
|Sushil Finance||IDBI Direct|
|1 Customer Reviews||30 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Sushil Finance is Rated 4.0 / 5 based on 1 customer reviews||IDBI Direct is Rated 2.7 / 5 based on 30 customer reviews|
Compare Sushil Finance 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 - Sushil Finance offers trading options in Commodity (MCX) where IDBI Direct doesn't offer. 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||Sushil Finance||IDBI Direct|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Insurance||NIL|
Order Type - Compare Sushil Finance 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) - both brokers don't have Cover Orders (CO).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) - both brokers don't have Bracket Orders (BO).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- both brokers doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Sushil Finance||IDBI Direct|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Sushil Finance 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.
|Margin Product Compare||Sushil Finance||IDBI Direct|
|Equity Delivery Margin||Info Not Available||Info Not Available|
|Equity Intraday Margin||Info Not Available||Info Not Available|
|Futures Margin||Info Not Available||Info Not Available|
|Options Margin||Info Not Available||Info Not Available|
|Equity CO Margin||Info Not Available||Info Not Available|
|Futures CO Margin||Info Not Available||Info Not Available|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Info Not Available|
Compare Sushil Finance 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 Service Compare||Sushil Finance||IDBI Direct|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||Info Not Available|
|Account Opening Process||Info Not Available||Info Not Available|
|Customer Support Email||Info Not Available||Info Not Available|
|Knowledge Center/Education||Info Not Available||Info Not Available|
|Head Office Address||Info Not Available||Info Not Available|
|Website||Info Not Available||Info Not Available|
Compare Sushil Finance with IDBI Direct on research reports and tips provided by broker.
|Sushil Finance||IDBI Direct|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Sushil Finance with IDBI Direct on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Sushil Finance||IDBI Direct|
|Demat Account Annual Maintenance Charges(AMC)||₹400 one time||₹350 pa|
|Advance Deposit||INVESTOR- NIL ECONOMY-NIL CLASSIC-NIL NSEL-NIL PREMIUM-Rs3700 ( on closing of account Rs .3300 will be refunded)||NO|
|Transaction Charges on Debit (Per ISIN)||0.04% of the transaction value (Min ₹15)||0.04% of transaction value or ₹30 whichever is higher + CDSL charges|
|Demat||₹10 per certificate + ₹75 request charges||₹5 per certificate + ₹30 courier charges|
|Remat||₹35 per request||₹20 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹25 courier charges|
|Pledge Creation||₹35||0.05% of transaction value or ₹50 whichever is higher|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||₹35||0.0002% of transaction value or ₹25 whichever is higher|
|Pledge Closure Confirmation||Nil||0.0002% of transaction value or ₹25 whichever is higher|
|Pledge Invocation||Nil||0.0015% of transaction value or ₹25 whichever is higher|
|Failed Instruction Charges||Nil||Nil|
Compare Sushil Finance with IDBI Direct on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Sushil Finance||IDBI Direct|
|Pay In and Pay Out Options||Info Not Available||Info Not Available|
|Payout Time||Info Not Available||Info Not Available|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Info Not Available||Info Not Available|
Strong customer support, 570+ Sub Brokers, Fundamental and Technical Research, branch offices, free call and trade facility.
3 in 1 service provider; new user friendly design and content layout on new portal idbidirect.in, investment offerings for NRIs
Not transparent in brokerage charges and other fees.
|Commodities & Currency trading is not available, minimum brokerage charges, technical issues with trading platforms|
|Enquiry||Enquire about Sushil Finance||Enquire about IDBI Direct|
Last Updated on 2019-07-18T04:16:15+00:00