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IDBI Capital Vs Finvasia (Compare IDBI Capital and Finvasia)

The side-by-side comparison of IDBI Capital and Finvasia. Compare IDBI Capital Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and IDBI Capital review.

Find out IDBI Capital Vs Finvasia which is better and IDBI Capital Vs Finvasia which is best.

Our IDBI Capital Markets and Securities Ltd comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between IDBI Capital and Finvasia.

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IDBI Capital Vs Finvasia

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
 
IDBI Capital Markets and Securities Ltd Logo Finvasia Securities Pvt Ltd Logo
About the Broker 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 Part... Know more about IDBI Capital Markets and Securities Ltd Finvasia is India based technology–driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset manageme... Know more about Finvasia Securities Pvt Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, NSDL BSE, NSE, MCX
Account Type Paisa Power Classic Standard
Broker Enquiry Open an Online Trading Account with IDBI Capital. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
Year of Incorporation 1993 2013
Number of Branches 14 1
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IDBI Capital Vs Finvasia Charges

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
Trading Account Opening Fees Rs 500 ₹0 (Free)
Trading Account AMC NIL ₹0 (Free)
Demat Account Opening Fees NIL ₹0 (Free)
Demat Account AMC Rs 450 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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IDBI Capital Vs Finvasia Brokerage

Brokerage Plan 1

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
Account Type Paisa Power Classic Standard
Fixed Charges
Equity Delivery Brokerage 0.50% ₹0
Equity Intraday Brokerage 0.05% ₹0
Equity Futures Brokerage 0.05% ₹0
Equity Options Brokerage Rs 100 per lot ₹0
Currency Futures Trading Brokerage NA ₹0
Currency Options Trading Brokerage NA ₹0
Commodity Futures Trading Brokerage NA ₹0
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges Rs 25 per trade or 2.5% of the trade value whichever is lower. ₹0
Other Brokerage Charges None
Call & Trade Charges Nil ₹0
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IDBI Capital Vs Finvasia Taxes

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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IDBI Capital Vs Finvasia Transaction Charges

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
Equity Delivery 0.00325% ₹325/crore
Equity Intraday 0.00325% ₹325/crore
Equity Futures 0.0019% ₹190/crore
Equity Options 0.051% on premium ₹5000/crore of premium
Currency Futures NA ₹115/crore
Currency Options NA ₹4000/crore of premium
Commodity NA ₹260/crore
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IDBI Capital Vs Finvasia Exposure Margin

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
Equity Delivery Nil 1x
Equity Intraday Upto 4x up to 10x
Equity Futures Nil 2x
Equity Options Nil 1x
Currency Futures Nil 1x
Currency Options Nil 1x
Commodity Futures Nil 2x
Commodity Options
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IDBI Capital and Finvasia Feature Comparison

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Power Pro, Power Streaming, IDBI Direct Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time 3:00 PM 3:15 PM
Other Features Morning Report, Equity SIP, Investment Guide Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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IDBI Capital Vs Finvasia Review

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
  37 Customer Reviews    Rate IDBI Capital 9 Customer Reviews    Rate Finvasia
Fees Ratings 3.2 4.4
Trading Brokerage Rating 2.6 4.8
Trading Platform Usability 2.6 3.0
Customer Service Ratings 2.9 4.7
Overall Ratings Rated 2.8 stars Rated 4.7 stars
Broker Rating IDBI Capital is Rated 2.8 / 5 based on 37 customer reviews Finvasia is Rated 4.7 / 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
Contact / Request Call Back
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IDBI Capital Vs Finvasia Investment Options

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options
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IDBI Capital Vs Finvasia Customer Service

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
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IDBI Capital Vs Finvasia Order Type Offered

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
Bracket Order No Yes
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 No
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IDBI Capital Vs Finvasia Research Report

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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IDBI Capital Vs Finvasia Suitable For Investor Type

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes
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IDBI Capital Vs Finvasia - Advantages and Disadvantages

  IDBI Capital Markets and Securities Ltd Finvasia Securities Pvt Ltd
Pros - Prepaid plans are available for volume traders.

More Advantages...

  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.

More Advantages...

Cons - Additional charge of Rs 2000 per year for installable trading platform.

More Disadvantages...

  • Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding. The company is planning to launch this service in future.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.

More Disadvantages...

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