IDBI Capital Vs iTradeOnline (Compare IDBI Capital and iTradeOnline)


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


iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of Rs 20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX. Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available... Know more about iTradeOnline by Trustline

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IDBI Capital Vs iTradeOnline

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 , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  IDBI Capital iTradeOnline
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, NSDL BSE, NSE, MCX
Year of Incorporation 1993
Number of Branches 14
Open an Online Trading Account with IDBI Capital.Open an Online Trading Account with iTradeOnline.
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IDBI Capital Vs iTradeOnline Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while iTradeOnline account opening changes is Rs 0 (Free). IDBI Capital Demat Account AMC Charges is Rs 450 and iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.

  IDBI Capital iTradeOnline
Trading Account Opening Charges Rs 500 Rs 0 (Free)
Trading Account AMC Charges NIL Rs 0 (Free)
Demat Account Opening Charges NIL Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges Rs 450 Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0
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IDBI Capital Vs iTradeOnline Brokerage Charges & Plans

IDBI Capital Vs iTradeOnline Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower.

  IDBI Capital iTradeOnline
Account Type Standard Plan Pay Per Trade
Fixed Charges Rs 0
Equity Delivery 0.50% Rs 20 per executed order or .01% whichever is lower
Equity Intraday 0.05% Rs 20 per executed order or .01% whichever is lower
Equity Futures 0.05% Rs 20 per executed order or .01% whichever is lower
Equity Options Rs 100 per lot Rs 20 per executed order or .01% whichever is lower
Currency Futures NA Rs 20 per executed order or .01% whichever is lower
Currency Options NA Rs 20 per executed order or .01% whichever is lower
Commodity Futures NA Rs 20 per executed order or .01% whichever is lower
Commodity Options NA
Special Offer
Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

IDBI Capital Vs iTradeOnline Brokerage Plan 2

  IDBI Capital iTradeOnline
Account Type Ace Trader Plan Pay Per Trade
Fixed Charges Rs 0
Equity Delivery 0.10% to 0.50% Rs 20 per executed order or .01% whichever is lower
Equity Intraday 0.020% to 0.050% Rs 20 per executed order or .01% whichever is lower
Equity Futures 0.020% to 0.048% Rs 20 per executed order or .01% whichever is lower
Equity Options Rs 100 per lot Rs 20 per executed order or .01% whichever is lower
Currency Futures Rs 20 per executed order or .01% whichever is lower
Currency Options Rs 20 per executed order or .01% whichever is lower
Commodity Futures Rs 20 per executed order or .01% whichever is lower
Commodity Options
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IDBI Capital Charges Vs iTradeOnline

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. Rs 0 (No Minimum Brokerage)
Other Charges Physical contact notes: Rs 20
Call & Trade Charges Nil Rs 0 (Free)
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IDBI Capital Vs iTradeOnline Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while iTradeOnline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  IDBI Capital iTradeOnline
Equity Delivery 0.00325% NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Intraday 0.00325% NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Futures 0.0019% NSE Rs 190 per crore (0.0019%)
Equity Options 0.051% on premium NSE Rs 5000 per crore (0.05%)
Currency Futures NA NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%)
Currency Options NA NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500
Commodity NA MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%)
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IDBI Capital Vs iTradeOnline 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 iTradeOnline 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 iTradeOnline
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 iTradeOnline Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. iTradeOnline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

  IDBI Capital iTradeOnline
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 Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time 3:00 PM Equity: 3:15 PM, Commodity: 11:15 PM
Other Features Morning Report, Equity SIP, Investment Guide
Referral Program
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IDBI Capital Vs iTradeOnline Review

IDBI Capital is rated 2.7 of 5 based on 40 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.

  IDBI Capital iTradeOnline
  40 Customer Reviews    Rate IDBI Capital 7 Customer Reviews    Rate iTradeOnline
Fees 3.2 3.9
Brokerage 2.6 4.1
Trading Platform 2.6 3.9
Customer Service 2.8 3.7
Research Capabilities 2.7 1.0
Overall Ratings Rated 2.7 stars Rated 4.0 stars
Broker Rating IDBI Capital is rated 2.7 of 5 based on 40 customer reviews iTradeOnline is rated 4.0 of 5 based on 7 customer reviews
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Contact Broker / Request A Call Back

  IDBI Capital Enquire iTradeOnline Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
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IDBI Capital Vs iTradeOnline Investment Options

  IDBI Capital iTradeOnline
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Insurance, Wealth Management
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IDBI Capital Vs iTradeOnline Order Type Offered

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

  IDBI Capital iTradeOnline
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 iTradeOnline Suitable For Investor Type

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

  IDBI Capital iTradeOnline
Pros - Prepaid plans are available for volume traders.
  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Research based fundamental and technical analysis available to all the customers.
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.
Cons - Additional charge of Rs 2000 per year for installable trading platform.
  • Separate account needed for Mutual Funds investment.
  • For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API's are now available.
  • Opening demat account along with the trading account is mandatory.
  • No extra charge for intraday or expiry positions closed by the broker.
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Promo / Offers

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening.

This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.

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