FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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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 SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians and N...
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 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.
IDBI Capital | SBI Securities | |
---|---|---|
Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE, NSDL | BSE, NSE |
Year of Incorporation | 1993 | 2001 |
Number of Branches | 14 | 117 |
IDBI Capital trading account opening charges is Rs 500 while SBI Securities account opening changes is Rs 850. IDBI Capital Demat Account AMC Charges is Rs 450 and SBI Securities Demat Account AMC Charges is Rs 350.
IDBI Capital | SBI Securities | |
---|---|---|
Trading Account Opening Charges | Rs 500 | Rs 850 |
Trading Account AMC Charges | NIL | Rs 0 |
Demat Account Opening Charges | NIL | Rs 0 |
Demat Account AMC Charges | Rs 450 | Rs 350 |
IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05%.
Account Type | IDBI Capital Card Rate Plan | SBI Securities eZ-trade |
---|---|---|
Fixed Charges | ||
Equity Delivery | 0.50% | 0.50% |
Equity Intraday | 0.05% | 0.05% |
Equity Futures | 0.05% | 0.05% |
Equity Options | Rs 100 per lot | Rs 100 per lot |
Currency Futures | NA | 0.03% |
Currency Options | NA | Rs 30 per lot |
Commodity Futures | NA | NA |
Commodity Options | NA | NA |
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 | SBI Securities | |
---|---|---|
Account Type | Ace Trader Plan | eZ-trade |
Fixed Charges | ||
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 | Rs 100 per lot |
Currency Futures | 0.03% | |
Currency Options | Rs 30 per lot | |
Commodity Futures | NA | |
Commodity Options | NA | |
Minimum Brokerage | Rs 25 per trade or 2.5% of the trade value whichever is lower. | Rs 0.05 for Cash, Rs 0.01 Future |
Other Charges | ||
Call & Trade Charges | Nil | Rs 10 per call (after 30 free calls a month) |
IDBI Capital transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while SBI Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).
IDBI Capital | SBI Securities | |
---|---|---|
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 SBI Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
IDBI Capital | SBI Securities | |
---|---|---|
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. SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.
IDBI Capital | SBI Securities | |
---|---|---|
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 | SBI Smart Express, SBI Smart Web, SBI Smart Mobile |
Intraday Square-off Time | 3:00 PM | 2:45 PM |
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 SBI Securities is rated 2.5 of 5 based on 160 customer reviews.
IDBI Capital Enquire | SBI Securities 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 | SBI Securities | |
---|---|---|
Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options |
IDBI Capital | SBI Securities | |
---|---|---|
Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
IDBI Capital | SBI Securities | |
---|---|---|
Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
IDBI Capital | SBI Securities | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader |
IDBI Capital | SBI Securities | |
---|---|---|
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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