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

IDBI Capital Markets and Securities Ltd Logo

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... Know more about IDBI Capital Markets and Securities Ltd

SBICAP Securities Ltd Logo

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... 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 750 (Free for 1st Year).

  IDBI Capital SBI Securities
Trading Account Opening Charges Rs 500 Rs 850
Trading Account AMC Charges NIL
Demat Account Opening Charges NIL
Demat Account AMC Charges Rs 450 Rs 750 (Free for 1st Year)

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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%.

Account Type IDBI Capital Card Rate Plan SBI Securities
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 (sell and buy side)
Currency Futures NA 0.03%
Currency Options NA Rs 30 per lot
Commodity Futures NA 0.05%
Commodity Options NA Rs 100 (sell and buy side)
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 Vs SBI Securities Brokerage Plan 2

  IDBI Capital SBI Securities
Account Type Ace Trader Plan
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 (sell and buy side)
Currency Futures 0.03%
Currency Options Rs 30 per lot
Commodity Futures 0.05%
Commodity Options Rs 100 (sell and buy side)

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 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 322 per Cr (0.00322%) | 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 322 per Cr (0.00322%) | 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

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IDBI Capital Vs SBI Securities Leverage (Margin)

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)

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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
Trading In SME Shares Allowed?
Referral Program
Other Features Morning Report, Equity SIP, Investment Guide

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IDBI Capital Vs SBI Securities Review

IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas SBI Securities is rated 2.5 of 5 based on 161 customer reviews.

  IDBI Capital SBI Securities
  41 Customer Reviews    Rate IDBI Capital 161 Customer Reviews    Rate SBI Securities
Fees 3.2 3.1
Brokerage 2.5 2.7
Trading Platform 2.6 2.6
Customer Service 2.8 2.8
Research Capabilities 2.5 2.5
Overall Ratings Rated 2.6 stars Rated 2.5 stars
Broker Rating IDBI Capital is rated 2.6 of 5 based on 41 customer reviews SBI Securities is rated 2.5 of 5 based on 161 customer reviews

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Contact Broker / Request A Call Back

  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.

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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.
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

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

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