Zerodha Vs IDBI Direct: Which one is better?

The brokerage of Zerodha Max Rs 20 per trade while the brokerage of IDBI Direct ranges between .08 to .5%. Zerodha is a Discount Broker where IDBI Direct is a Full Service Broker. Zerodha is having overall higher rating compare to IDBI Direct. Zerodha is rated 4.5 out of 5 where IDBI Direct is rated only 3.5 out of 5.

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

  Zerodha Compare
Zerodha
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, MCX-SX and MCX BSE, NSE
Broker Overview With high-class technology, unique trading tools and three-way trading platform, Zerodha is giving its clients an edge in trading and decision making. Pioneer in introducing low brokerage scheme, Zerodha manages to satisfy both casual and active inve... Know more about Zerodha 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 Capital
Broker Enquiry Open an Online Trading Account with Zerodha. 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 Zerodha vs IDBI Direct on Brokerage & Demat Account Opening Charges

  Zerodha IDBI Direct
Trading Account Opening Fees Zerodha vs IDBI Direct - Trading Account Opening Fees Rs 200 Rs 700
Trading AMC Zerodha vs IDBI Direct - Trading Account AMC Free Free
Demat Account Opening Fees Zerodha vs IDBI Direct - Demat Account Opening Fees Rs 100 Free
Demat AMC Zerodha vs IDBI Direct - Demat Account AMC Rs 300 PA Rs 350 PA
Provide DP Service Zerodha vs IDBI Direct - Damat Account Mandatory Yes Yes
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About Brokerage Plans

Compare Zerodha vs IDBI Direct on Plan Options

  Zerodha IDBI Direct
Multiple Plans What is this parameter? No No
Monthly Plans Zerodha vs IDBI Direct - Monthly Brokerage Plan No No
Yearly Plans Zerodha vs IDBI Direct - Yearly Brokerage Plan No No
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Account Opening Request

Account Opening

  Zerodha IDBI Direct
Account Opening Request
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Brokerage Charges

Compare Zerodha vs IDBI Direct on Brokerage Charges

  Zerodha IDBI Direct
Plan Name Zerodha vs IDBI Direct - Max Rs 20 Per Order Trading Plan Flexi Gold Trading Plan (Percentage Based)
Plan Description Zerodha vs IDBI Direct -

20 Rs flat plan from Zerodha is same for intraday, F&O equity, commodity and currency on NSE,BSE,MCX & MCX-SX. No upfront brokerage or turnover commitments on your trade. 20 Rs is Maximum you need to pay for per executable order, so charges can be less as .01% (intraday equity & futures) whichever is lower. Now Equity Delivery is Free with Zerodha.

This is a prepaid brokerage plan with subscription fee.Plan duration from 6 to 12 months.
Equity Delivery Zerodha vs IDBI Direct - Cash Delivery Brokerage Free 0.5% or 50 paisa
Equity Intraday Zerodha vs IDBI Direct - Cash Intraday Brokerage 0.01% or Rs 20 whichever is lower 0.08% or 8 paisa
Equity Futures Zerodha vs IDBI Direct - F&O Segment - Futures Brokerage 0.01% or Rs 20 whichever is lower 0.08% or 8 paisa
Equity Options Zerodha vs IDBI Direct - F&O Segment - Options Brokerage Flat Fee Rs 20 Rs 100 Per Lot
Currency Futures Zerodha vs IDBI Direct - Currency Futures Trading Brokerage 0.01% or Rs 20 whichever is lower 0.08% or 8 paisa
Currency Options Zerodha vs IDBI Direct - Currency Options Trading Brokerage Flat Fee Rs 20 Rs 100 Per Lot
Commodity Trading Zerodha vs IDBI Direct - Commodity Trading Brokerage Flat Fee Rs 20 NA
Minimum Brokerage Zerodha vs IDBI Direct - NIL Rs 25 per trade or 2.5% of the trade value whichever is lower.
Hidden Charges Zerodha vs IDBI Direct - Hidden Charges Info Not Available Info Not Available
Funding Zerodha vs IDBI Direct - Funding Interest Info Not Available Info Not Available
Call & Trade Charges Zerodha vs IDBI Direct - Call & Trade Charges Rs 20 Per Executable Order Info Not Available
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for IDBI Direct
SPAN Margin Calculator SPAN Margin Calculator for Zerodha SPAN Margin Calculator for IDBI Direct
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Share Broker's Transaction Charges

Compare Zerodha vs IDBI Direct on Transaction Charges

  Zerodha IDBI Direct
Equity Delivery Zerodha vs IDBI Direct - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Zerodha vs IDBI Direct - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Zerodha vs IDBI Direct - Equity Futures Transaction Charges Rs 190 Per Cr Rs 190 Per Cr
Equity Options Zerodha vs IDBI Direct - Equity Options Transaction Charges Rs 5000 Per Cr Rs 5100 Per Cr
Currency Futures Zerodha vs IDBI Direct - Rs 135 Per Cr Rs 110 Per Cr
Currency Options Zerodha vs IDBI Direct - Rs 4400 Per Cr Rs 4000 Per Cr
Commodity Zerodha vs IDBI Direct - Commodity Transaction Charges Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for zerodha Complete Brokerage Plans for idbicapital
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Account Features

Compare Zerodha vs IDBI Direct on Account Features

  Zerodha IDBI Direct
3 in 1 Account Zerodha vs IDBI Direct - Account Type? No Zerodha have 2-in-1 account. Only Demate and Trading account. Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Zerodha vs IDBI Direct - Advance Charting Yes Yes
Algo Trading Zerodha vs IDBI Direct - Algo Trading Yes No
SMS Alerts Zerodha vs IDBI Direct - SMS Alerts No Yes
Online Demo Zerodha vs IDBI Direct - Online Demo Yes Yes
Online Portfolio Zerodha vs IDBI Direct - Portfolio Service Yes Yes
Margin Trading Funding Available Zerodha vs IDBI Direct - Margin Funding No Yes
Combined Ledger for Equity and Commodity Zerodha vs IDBI Direct - Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time Zerodha vs IDBI Direct - Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Zerodha vs IDBI Direct - NRI Trading Yes Yes
Other Features Zerodha vs IDBI Direct -
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Trading Platform

Compare Zerodha vs IDBI Direct on Trading Platform

  Zerodha IDBI Direct
Desktop Trading Platform Zerodha vs IDBI Direct - Trading terminal Zerodha PI Infinity
Desktop Demo Zerodha vs IDBI Direct - Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Zerodha vs IDBI Direct - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) Zerodha vs IDBI Direct - MAC Trading Terminal No No
Web Trading Platform Zerodha vs IDBI Direct - Web Trading Platform Yes Yes
Web Trading Detail Zerodha vs IDBI Direct - Trading Website https://kite.zerodha.com/ https://trade.idbicapital.com/
Web Trading Demo Zerodha vs IDBI Direct - Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Zerodha vs IDBI Direct - Trading Site for Mobile Yes No
Mobile Trading Zerodha vs IDBI Direct - Mobile App Yes Yes
Mobile Trading App Zerodha vs IDBI Direct - Name Of Mobile App Zerodha Kite IDBI Direct Mobile App
Mobile Trading App Demo Zerodha vs IDBI Direct - Name Of Mobile App Zerodha Kite Demo Info Not Available
Android Mobile App Zerodha vs IDBI Direct - Android Mobile App Yes Yes
Android App Download Zerodha vs IDBI Direct - Mobile App Download Andriod Zerodha Kite Download Andriod IDBI Direct Mobile App Download
iPhone Mobile App (IOS) Zerodha vs IDBI Direct - Yes Yes
iOS App Download Zerodha vs IDBI Direct - Mobile App Download iOS Zerodha Kite Download iOS IDBI Direct Mobile App Download
Android Tablet App Zerodha vs IDBI Direct - Android Tablet App Yes Yes
iPad App (IOS) Zerodha vs IDBI Direct - Yes Yes
Trading Software Charges Zerodha vs IDBI Direct - Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Zerodha Equity Intraday and Delivery Brokerage Calculator for IDBI Direct
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for IDBI Direct
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for IDBI Direct
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for idbicapital

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Broker Ratings by Users

Compare Zerodha vs IDBI Direct on User Rating

  Zerodha IDBI Direct
  154 Customer Reviews    Rate Zerodha 30 Customer Reviews    Rate IDBI Direct
Fees Ratings 4.0 3.0
Trading Brokerage Rating 4.5 2.4
Trading Platform Usability 3.7 2.5
Customer Service Ratings 3.8 2.8
Overall Ratings Rated 3.9 stars Rated 2.7 stars
Broker Rating Zerodha is Rated 3.9 / 5 based on 154 customer reviews IDBI Direct is Rated 2.7 / 5 based on 30 customer reviews
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Investment Offerings

Compare Zerodha vs IDBI Direct on Investment Offerings

  Zerodha IDBI Direct
Equity Cash and F&O Zerodha vs IDBI Direct - Equity and Equity derivatives Yes Yes
Currency Deravitives Zerodha vs IDBI Direct - Currency Trading Yes Yes
Commodity Zerodha vs IDBI Direct - Commodity Trading Yes No
Online IPO Application Zerodha vs IDBI Direct - Online IPO Investment No Yes
Mutual Funds Zerodha vs IDBI Direct - Online Mutual Funds Investment Yes Yes
Bond / NCD Zerodha vs IDBI Direct - Bonds and NCD No Yes
ETF Zerodha vs IDBI Direct - ETF Yes Yes
Banking Zerodha vs IDBI Direct - Banking Service No Yes
Insurance Zerodha vs IDBI Direct - Insurance Service No Yes
Forex Zerodha vs IDBI Direct - Forex Trading No No
MF SIP Investment Zerodha vs IDBI Direct - Mutual Fund SIP No Yes
Equity SIP Investment Zerodha vs IDBI Direct - Equity SIP No No
PMS Service Zerodha vs IDBI Direct - Portfolio Management Services (PMS) No No
Algo Trading Zerodha vs IDBI Direct - Algo Trading Yes No
Other Investment Options Zerodha vs IDBI Direct -
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Order Types

Compare Zerodha vs IDBI Direct on Order Types

  Zerodha IDBI Direct
CNC Ordre Zerodha vs IDBI Direct - CNC Order Yes Yes
MIS Ordre Zerodha vs IDBI Direct - MIS Order Yes Yes
NRML Ordre Zerodha vs IDBI Direct - NRML Order Yes Yes
Cover Ordre Zerodha vs IDBI Direct - Cover Order Yes No
Bracket Ordre Zerodha vs IDBI Direct - Bracket Order Yes No
AMO-After Market Orders Zerodha vs IDBI Direct - After market Orders Yes Yes
GTC-Good Till Cancelled Zerodha vs IDBI Direct - GTC Orders No No
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Margin/Leverage

Compare Zerodha vs IDBI Direct on Margin/Leverage

  Zerodha IDBI Direct
Equity Delivery Margin Zerodha vs IDBI Direct - Equity Delivery Margin No Delivery margin. Info Not Available
Equity Intraday Margin Zerodha vs IDBI Direct - Equity Intraday Margin Up to 12.5x margin for Intraday leverage for equity. Info Not Available
Futures Margin Zerodha vs IDBI Direct - Futures Margin Up to 2x leverage for future. Info Not Available
Options Margin Zerodha vs IDBI Direct - Options Margin Up to 2x margin for options shorting, no leverage for option buying. Info Not Available
Equity CO Margin Zerodha vs IDBI Direct - Equity CO Margin Up to 20.8x margin/leverage in equity CO order for selected equity scripts. Info Not Available
Futures CO Margin Zerodha vs IDBI Direct - Futures CO Margin Up to 33x margin/leverage (of complete order) in CO order for future contracts. Info Not Available
Options CO Margin Zerodha vs IDBI Direct - Options CO Margin Up to 20x margin/leverage (of complete order) in CO order for options contracts sell only, buying is enabled only for NIFTY. Info Not Available
Commodity Margin Zerodha vs IDBI Direct - Commodity Margin Up to 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions. Info Not Available
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Customer Service Offered

Compare Zerodha vs IDBI Direct on Customer Service

  Zerodha IDBI Direct
24/7 Customer Service Zerodha vs IDBI Direct - 24x7 customer support No No
Email Support Zerodha vs IDBI Direct - Email Support Yes Yes
Onine Live Chat Zerodha vs IDBI Direct - Onine Live Chat No No
Phone Support Zerodha vs IDBI Direct - Phone Support Yes Yes
Toll Free Number Zerodha vs IDBI Direct - Toll Free Number No Yes
Through Branches Zerodha vs IDBI Direct - Through Branches Yes Yes
Customer Care Number Zerodha vs IDBI Direct - Customer Care Number "+ 91 80 4040 2020" Info Not Available
Account Opening Process Zerodha vs IDBI Direct - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Zerodha vs IDBI Direct - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Zerodha vs IDBI Direct - Knowledge Center/Education https://support.zerodha.com/ Info Not Available
Head Office Address Zerodha vs IDBI Direct - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Info Not Available
Website Zerodha vs IDBI Direct - Company Website https://zerodha.com/ Info Not Available
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Tips/Research/Reports Published

Compare Zerodha vs IDBI Direct on Research Reports, Tips

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

Compare Zerodha vs IDBI Direct on Demat Account

  Zerodha IDBI Direct
DP Source CDSL CDSL
DP ID Zerodha vs IDBI Direct - DP ID 81600 No
Demat Account Annual Maintenance Charges(AMC) 300 - Individual 1000 - 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 Rs.50/- (POA Charges) NO
Transaction Charges on Debit (Per ISIN) On market: Rs.8+5.5 (CDSL charges) Off market: 0.03% of Rs.25 whichever is higher 0.04% of market value or Rs30/- per Transaction whichever is higher
Demat 150 per certificate + Rs.100 courier charges Rs5 per certificate Plus Rs 40 postage
Remat 150 per certificate + Rs.150 courier charges + CDSL charges Rs.20/- for every hundred securities or Flat fee of Rs.20/- per certificate whichever is higher
Pledge Creation Rs.20 + Rs.12 per request (CDSL charges) 0.05% of market value or Rs.50/- per transaction whichever is higher
Pledge Creation Confirmation Nil NIL
Pledge Closure Rs.20 + Rs.12 per request (CDSL charges) 0.05% of market value or Rs.25/- per transaction whichever is higher
Pledge Closure Confirmation Nil 0.05% of market value or Rs.25/- per transaction whichever is higher
Pledge Invocation Rs.20 0.15% of market value or Rs.25/- per transaction
Failed Instruction Charges Rs.50 per instruction 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 Zerodha vs IDBI Direct on Special Offers and Promotion

  Zerodha IDBI Direct
Pay In and Pay Out Options Zerodha vs IDBI Direct - Pay In and Pay Out Options pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Zerodha vs IDBI Direct - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges Zerodha vs IDBI Direct - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Info Not Available
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Info Not Available
Likes
  • Strong customer support.
  • User-friendly Brokerage and margin calculators.
  • Free,online,open to all education module covering all the topics related to trading called Varsity.
  • Active trading forum called trading q&a.
  • Online account opening linked with your AAdhar card.

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
  • Doesn't have monthly plans.
  • Call and trade is not free.
  • Doesn't provide facility to online invest in IPO via Zerodha Kite.
  • Detail Review...

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

Detail Review...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquire about Zerodha Enquire about IDBI Direct






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