IDBI Capital Vs Achiievers (Compare IDBI Capital and Achiievers)

IDBI Capital Vs Achiievers

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 branches across India. Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India.

	IDBI Capital	Achiievers
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, NSDL	NSE, BSE and MCX
Year of Incorporation	1993	2012
Number of Branches	14	1
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IDBI Capital Vs Achiievers Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while Achiievers account opening changes is Rs 150. IDBI Capital Demat Account AMC Charges is Rs 450 and Achiievers Demat Account AMC Charges is Rs 400.

	IDBI Capital	Achiievers
Trading Account Opening Charges	Rs 500	Rs 150
Trading Account AMC Charges	NIL	Nil
Demat Account Opening Charges	NIL	Nil
Demat Account AMC Charges	Rs 450	Rs 400

IDBI Capital Vs Achiievers Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15.

	IDBI Capital	Achiievers
Account Type	Standard Plan	Flat Fee Plan
Fixed Charges		NA
Equity Delivery	0.50%	Rs 15
Equity Intraday	0.05%	Rs 15
Equity Futures	0.05%	Rs 15
Equity Options	Rs 100 per lot	Rs 15
Currency Futures	NA	Rs 15
Currency Options	NA	Rs 15
Commodity Futures	NA	Rs 15
Commodity Options	NA
Special Offer

IDBI Capital Vs Achiievers Brokerage Plan 2

	IDBI Capital	Achiievers
Account Type	Ace Trader Plan	Mega Value Plan
Fixed Charges		Rs 750 (Per Segment)
Equity Delivery	0.10% to 0.50%	Rs 1 per executed order
Equity Intraday	0.020% to 0.050%	Rs 1 per executed order
Equity Futures	0.020% to 0.048%	Rs 1 per executed order
Equity Options	Rs 100 per lot	Rs 1 per executed order
Currency Futures		Rs 1 per executed order
Currency Options		Rs 1 per executed order
Commodity Futures		Rs 1 per executed order
Commodity Options		Rs 1 per executed order
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IDBI Capital Vs Achiievers Brokerage Plan 3

	IDBI Capital	Achiievers
Account Type	Standard Plan	Per Day Plan
Fixed Charges		Rs 50 per day (each segment)
Equity Delivery	0.50%	Rs 1 per executed order
Equity Intraday	0.05%	Rs 1 per executed order
Equity Futures	0.05%	Rs 1 per executed order
Equity Options	Rs 100 per lot	Rs 1 per executed order
Currency Futures	NA	Rs 1 per executed order
Currency Options	NA	Rs 1 per executed order
Commodity Futures	NA	Rs 1 per executed order
Commodity Options	NA	Rs 1 per executed order
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IDBI Capital Charges Vs Achiievers

Minimum Brokerage	Rs 25 per trade or 2.5% of the trade value whichever is lower.	Rs 15
Other Charges
Call & Trade Charges	Nil	Rs 20 per trade

IDBI Capital Vs Achiievers Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while Achiievers exchange transaction charges for options is Rs 7500 per Cr (0.075%).

	IDBI Capital	Achiievers
Equity Delivery	0.00325%	Rs 350 per Cr (0.0035%)
Equity Intraday	0.00325%	Rs 350 per Cr (0.0035%)
Equity Futures	0.0019%	Rs 390 per Cr (0.0039%)
Equity Options	0.051% on premium	Rs 7500 per Cr (0.075%)
Currency Futures	NA	Rs 175 per Cr (0.00175%)
Currency Options	NA	Rs 6500 per Cr (0.065%)
Commodity	NA	MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%)
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IDBI Capital Vs Achiievers Leverage (Margin)

IDBI Capital margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Achiievers margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	IDBI Capital	Achiievers
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare IDBI Capital and Achiievers Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Achiievers offers NOW Online, NOW Trader trading software.

	IDBI Capital	Achiievers
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Power Pro, Power Streaming, IDBI Direct	NOW Online, NOW Trader
Intraday Square-off Time	3:00 PM	3:15 PM
Other Features	Morning Report, Equity SIP, Investment Guide
Referral Program
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IDBI Capital Vs Achiievers Review

IDBI Capital is rated 2.7 of 5 based on 40 customer reviews whereas Achiievers is rated 4.6 of 5 based on 5 customer reviews.

	IDBI Capital	Achiievers
	40 Customer Reviews	5 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.7 of 5 based on 40 customer reviews	Achiievers is rated 4.6 of 5 based on 5 customer reviews

IDBI Capital Vs Achiievers Investment Options

	IDBI Capital	Achiievers
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

IDBI Capital Vs Achiievers Order Type Offered

	IDBI Capital	Achiievers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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IDBI Capital Vs Achiievers Research Report

	IDBI Capital	Achiievers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IDBI Capital Vs Achiievers Suitable For Investor Type

	IDBI Capital	Achiievers
Casual Investor
Active Investor
Trader

IDBI Capital Vs Achiievers - Pros and Cons

	IDBI Capital	Achiievers
Pros	- Prepaid plans are available for volume traders.	MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX. Rs 50 per day plan and Rs 15 per trade plan is also available. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).
Cons	- Additional charge of Rs 2000 per year for installable trading platform.	Call and trade facility available with additional charges of Rs 20 per trade. They charge Rs 75 per month for Research recommendation on SMS.
Reviews
Promo / Offers
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