FREE Equity Delivery and MF
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About 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 offers...
About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers.
AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa...
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 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.
IDBI Capital | AxisDirect | |
---|---|---|
Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE, NSDL | BSE, NSE, MCX |
Year of Incorporation | 1993 | 2006 |
Number of Branches | 14 | 56 |
IDBI Capital trading account opening charges is Rs 500 while AxisDirect account opening changes is Rs 900. IDBI Capital Demat Account AMC Charges is Rs 450 and AxisDirect Demat Account AMC Charges is Rs 650.
IDBI Capital | AxisDirect | |
---|---|---|
Trading Account Opening Charges | Rs 500 | Rs 900 |
Trading Account AMC Charges | NIL | Rs 0 |
Demat Account Opening Charges | NIL | Rs 0 |
Demat Account AMC Charges | Rs 450 | Rs 650 |
IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.
Account Type | IDBI Capital Card Rate Plan | AxisDirect Standard Brokerage Plan |
---|---|---|
Fixed Charges | NA | |
Equity Delivery | 0.50% | 0.50% |
Equity Intraday | 0.05% | 0.05% |
Equity Futures | 0.05% | 0.05% |
Equity Options | Rs 100 per lot | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
Currency Futures | NA | 0.05% |
Currency Options | NA | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l |
Commodity Futures | NA | 0.03% |
Commodity Options | NA | Rs 50 per lot |
Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
IDBI Capital | AxisDirect | |
---|---|---|
Account Type | Ace Trader Plan | Standard Brokerage Plan |
Fixed Charges | NA | |
Equity Delivery | 0.10% to 0.50% | 0.50% |
Equity Intraday | 0.020% to 0.050% | 0.05% |
Equity Futures | 0.020% to 0.048% | 0.05% |
Equity Options | Rs 100 per lot | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
Currency Futures | 0.05% | |
Currency Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l | |
Commodity Futures | 0.03% | |
Commodity Options | Rs 50 per lot | |
Minimum Brokerage | Rs 25 per trade or 2.5% of the trade value whichever is lower. | Rs 20 per trade |
Other Charges | ||
Call & Trade Charges | Nil | Rs 20 per call |
IDBI Capital transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).
IDBI Capital | AxisDirect | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | NA | |
IDBI Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the AxisDirect margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
IDBI Capital | AxisDirect | |
---|---|---|
Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.
IDBI Capital | AxisDirect | |
---|---|---|
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 | DirectTrade, Axisdirect Web, Axisdirect Mobile |
Intraday Square-off Time | 3:00 PM | 3:15 |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Morning Report, Equity SIP, Investment Guide | |
IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 87 customer reviews.
IDBI Capital Enquire | AxisDirect Enquire | |
---|---|---|
Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
IDBI Capital | AxisDirect | |
---|---|---|
Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Loans, ETF, Corporate FD |
IDBI Capital | AxisDirect | |
---|---|---|
Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
IDBI Capital | AxisDirect | |
---|---|---|
Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
IDBI Capital | AxisDirect | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader |
IDBI Capital | AxisDirect | |
---|---|---|
Pros | - Prepaid plans are available for volume traders. |
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Cons | - Additional charge of Rs 2000 per year for installable trading platform. |
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Reviews | ||
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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