IDBI Capital Vs Achiievers (Compare IDBI Capital and Achiievers)


IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India. IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder). IDBI Capital of... Know more about IDBI Capital Markets and Securities Ltd


Achiievers
Incorporated in 1999, Achiievers Equities Ltd is an online discount brokerage firm offering brokerage services for stocks, futures, and options, currency and commodities on NSE, BSE & MCX. Achiievers offers a whole new way of trading going with the tagline "Making Money Differently", made it simple wherein a client pays a nominal brokerage charge of either Rs 50 per day for Unlimited Trade or Rs 750 for unlimited trading for the entire month or can opt for a suitable brokerage plan as per con... Know more about Achiievers Equities Ltd

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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
Open an Online Trading Account with IDBI Capital.Open an Online Trading Account with Achiievers.
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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
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IDBI Capital Vs Achiievers Brokerage Charges & Plans

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
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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 Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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 Yes
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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    Rate IDBI Capital 5 Customer Reviews    Rate Achiievers
Fees 3.2 4.6
Brokerage 2.6 5.0
Trading Platform 2.6 4.2
Customer Service 2.8 4.2
Research Capabilities 2.7 3.0
Overall Ratings Rated 2.7 stars Rated 4.6 stars
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
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Contact Broker / Request A Call Back

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IDBI Capital Vs Achiievers Investment Options

  IDBI Capital Achiievers
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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IDBI Capital Vs Achiievers Order Type Offered

  IDBI Capital Achiievers
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes
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IDBI Capital Vs Achiievers Research Report

  IDBI Capital Achiievers
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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IDBI Capital Vs Achiievers Suitable For Investor Type

  IDBI Capital Achiievers
Casual Investor Yes
Active Investor
Trader Yes
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IDBI Capital Vs Achiievers - Pros and Cons

  IDBI Capital Achiievers
Pros - Prepaid plans are available for volume traders.
  1. MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX.
  2. Rs 50 per day plan and Rs 15 per trade plan is also available.
  3. Trading Software's including website, mobile app and installable trading terminals are available for free.
  4. No minimum brokerage.
  5. 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.
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