IDBI Capital Vs Fyers (Compare IDBI Capital and Fyers)

IDBI Capital Vs Fyers

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 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.

	IDBI Capital	Fyers
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, NSDL	NSE, MCX
Account Type	Standard Plan	Flat Fee Brokerage Plan
Year of Incorporation	1993	2015
Number of Branches	14	0
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IDBI Capital Vs Fyers Charges & AMC

IDBI Capital trading account opening charges is ₹500 while Fyers account opening changes is ₹400 (Free). IDBI Capital Demat Account AMC Charges is ₹450 and Fyers Demat Account AMC Charges is ₹300.

	IDBI Capital	Fyers
Trading Account Opening Charges	₹500	₹400 (Free)
Trading Account AMC Charges	NIL	₹0 (Free)
Demat Account Opening Charges	NIL	₹0 (Free)
Demat Account AMC Charges	₹450	₹300

IDBI Capital Vs Fyers Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Fyers brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower.

	IDBI Capital	Fyers
Account Type	Standard Plan	Flat Fee Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	0.50%	₹0 (Free)
Equity Intraday Brokerage	0.05%	₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage	0.05%	₹20 per executed order or .03% whichever is lower
Equity Options Brokerage	₹100 per lot	₹20 per executed order
Currency Futures Trading Brokerage	NA	₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage	NA	₹20 per executed order
Commodity Futures Trading Brokerage	NA	₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage	NA	₹20 per executed order
Special Offer		Special Offer: Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

IDBI Capital Vs Fyers Brokerage Plan 2

	IDBI Capital	Fyers
Account Type	Ace Trader Plan	Flat Fee Brokerage Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.10% to 0.50%	₹0 (Free)
Equity Intraday Brokerage	0.020% to 0.050%	₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage	0.020% to 0.048%	₹20 per executed order or .03% whichever is lower
Equity Options Brokerage	₹100 per lot	₹20 per executed order
Currency Futures Trading Brokerage		₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage		₹20 per executed order
Commodity Futures Trading Brokerage		₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage		₹20 per executed order
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IDBI Capital Charges Vs Fyers

Minimum Brokerage Charges	₹25 per trade or 2.5% of the trade value whichever is lower.	Intra-day: ₹7 or 2.5% whichever is lower
Other Brokerage Charges		Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges	Nil	₹20 per trade

IDBI Capital Vs Fyers Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while Fyers exchange transaction charges for options is ₹5900 per Cr (on premium) (0.059%).

	IDBI Capital	Fyers
Equity Delivery	0.00325%	₹325 per Cr (0.00325%)
Equity Intraday	0.00325%	₹325 per Cr (0.00325%)
Equity Futures	0.0019%	₹240 per Cr (0.0024%)
Equity Options	0.051% on premium	₹5900 per Cr (on premium) (0.059%)
Currency Futures	NA	₹240 per Cr (0.0024%)
Currency Options	NA	₹5900 per Cr (on premium) (0.059%)
Commodity	NA	NA
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IDBI Capital Vs Fyers Leverage (Margin)

IDBI Capital provides the margin of Upto 4x for intraday trades whereas the Fyers margin for intraday cash is Up to 16x (based on the stock).

	IDBI Capital	Fyers
Equity Delivery	Nil	1 times
Equity Intraday	Upto 4x	Up to 16x (based on the stock)
Equity Futures	Nil	Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Nil	Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures	Nil	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Nil	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures	Nil	NA
Commodity Options
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Compare IDBI Capital and Fyers Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Fyers offers Fyers One (In-house build) trading software.

	IDBI Capital	Fyers
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Power Pro, Power Streaming, IDBI Direct	Fyers One (In-house build)
Intraday Square-off Time	3:00 PM	3:20 PM
Other Features	Morning Report, Equity SIP, Investment Guide	Brokerage free thematic investing is available
Referral Program
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IDBI Capital Vs Fyers Review

IDBI Capital is rated 2.8 of 5 based on 37 customer reviews whereas Fyers is rated 4.0 of 5 based on 14 customer reviews.

	IDBI Capital	Fyers
	37 Customer Reviews	14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.8 of 5 based on 37 customer reviews	Fyers is rated 4.0 of 5 based on 14 customer reviews

IDBI Capital Vs Fyers Investment Options

	IDBI Capital	Fyers
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

IDBI Capital Vs Fyers Order Type Offered

	IDBI Capital	Fyers
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 Fyers Research Report

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

IDBI Capital Vs Fyers Suitable For Investor Type

	IDBI Capital	Fyers
Casual Investor
Active Investor
Trader

IDBI Capital Vs Fyers - Pros and Cons

	IDBI Capital	Fyers
Pros	- Prepaid plans are available for volume traders.	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum ₹20 per trade. No software charges. State of art trading platforms. Thematic investment is available Refer your friends and earn 20% of the revenues generated by your friends, for life!
Cons	- Additional charge of ₹2000 per year for installable trading platform.	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.
Reviews
Promo / Offers		Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you.
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