IDBI Capital Vs SBI Securities (Compare IDBI Capital and SBI Securities)


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


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 a... Know more about SBICAP Securities Ltd

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IDBI Capital Vs SBI Securities

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
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IDBI Capital Vs SBI Securities Charges & AMC

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
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IDBI Capital Vs SBI Securities Brokerage Charges & Plans

IDBI Capital Vs SBI Securities Brokerage

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%.

  IDBI Capital SBI Securities
Account Type Standard Plan 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

IDBI Capital Vs SBI Securities Brokerage Plan 2

  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
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IDBI Capital Charges Vs SBI Securities

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)
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IDBI Capital Vs SBI Securities Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while SBI Securities exchange transaction charges for options is NSE: 0.05515% (Rs 5515/Crore).

  IDBI Capital SBI Securities
Equity Delivery 0.00325% NSE: 0.00386% | BSE: 0.00384%
Equity Intraday 0.00325% NSE: 0.00386% | BSE: 0.00384%
Equity Futures 0.0019% NSE: 0.002206% (Rs 221/Crore)
Equity Options 0.051% on premium NSE: 0.05515% (Rs 5515/Crore)
Currency Futures NA 0.002206%
Currency Options NA NSE: 0.05515% (Rs 5515/Crore)
Commodity NA
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IDBI Capital Vs SBI Securities 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 SBI Securities 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 SBI Securities
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 SBI Securities Features

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 Yes Yes
Charting Yes No
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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
Other Features Morning Report, Equity SIP, Investment Guide
Referral Program
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IDBI Capital Vs SBI Securities Review

IDBI Capital is rated 2.7 of 5 based on 39 customer reviews whereas SBI Securities is rated 2.6 of 5 based on 145 customer reviews.

  IDBI Capital SBI Securities
  39 Customer Reviews    Rate IDBI Capital 145 Customer Reviews    Rate SBI Securities
Fees 3.2 3.2
Brokerage 2.6 2.8
Trading Platform 2.6 2.6
Customer Service 2.8 2.8
Research Capabilities 2.5 2.6
Overall Ratings Rated 2.7 stars Rated 2.6 stars
Broker Rating IDBI Capital is rated 2.7 of 5 based on 39 customer reviews SBI Securities is rated 2.6 of 5 based on 145 customer reviews
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Contact Broker / Request A Call Back

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IDBI Capital Vs SBI Securities Investment Options

  IDBI Capital SBI Securities
Stock / Equity Yes Yes
Commodity No No
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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IDBI Capital Vs SBI Securities Order Type Offered

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

  IDBI Capital SBI Securities
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 SBI Securities Suitable For Investor Type

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

  IDBI Capital SBI Securities
Pros - Prepaid plans are available for volume traders.
  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.
Cons - Additional charge of Rs 2000 per year for installable trading platform.
  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.
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