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
Exchnage Membership	BSE, NSE, NSDL	NSE, MCX
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 Rs 500 while Fyers account opening changes is Rs 0 (Free). IDBI Capital Demat Account AMC Charges is Rs 450 and Fyers Demat Account AMC Charges is Rs 300.

	IDBI Capital	Fyers
Trading Account Opening Charges	Rs 500	Rs 0 (Free)
Trading Account AMC Charges	NIL	Rs 0 (Free)
Demat Account Opening Charges	NIL	Rs 0 (Free)
Demat Account AMC Charges	Rs 450	Rs 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 Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

Account Type	IDBI Capital Standard Plan	Fyers Flat Fee Brokerage Plan
Fixed Charges		NA
Equity Delivery	0.50%	Rs 0 (Free)
Equity Intraday	0.05%	Rs 20 per executed order or .03% whichever is lower
Equity Futures	0.05%	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 100 per lot	Rs 20 per executed order
Currency Futures	NA	Rs 20 per executed order or .03% whichever is lower
Currency Options	NA	Rs 20 per executed order
Commodity Futures	NA	Rs 20 per executed order or .03% whichever is lower
Commodity Options	NA	Rs 20 per executed order
Special Offer	Zerodha (Trade with the best stock broker) 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.	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

IDBI Capital Vs Fyers Brokerage Plan 2

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

Minimum Brokerage	Rs 25 per trade or 2.5% of the trade value whichever is lower.	Intra-day: Rs 7 or 2.5% whichever is lower
Other Charges		Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges	Nil	Rs 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 Rs 5900 per Cr (on premium) (0.059%).

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

IDBI Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Fyers margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	IDBI Capital	Fyers
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)
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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
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
Trading In SME Shares Allowed?
Referral Program
Other Features	Morning Report, Equity SIP, Investment Guide	Brokerage free thematic investing is available
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IDBI Capital Vs Fyers Review

IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Fyers is rated 3.1 of 5 based on 30 customer reviews.

	IDBI Capital	Fyers
	41 Customer Reviews	30 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.6 of 5 based on 41 customer reviews	Fyers is rated 3.1 of 5 based on 30 customer reviews

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IDBI Capital Vs Fyers Investment Options

	IDBI Capital	Fyers
Stock / Equity
Commodity
Currency
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 Rs 20 per trade. Free account opening. 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 Rs 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	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Fyers Special Offer Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O. Brokerage-free Direct Mutual Fund investment. Trade with one of the best trading platforms in India. This is a limited-time offer. Open FREE Fyers Account online and start trading today.
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