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Edelweiss
5Paisa
IIFL Sec
Sharekhan
ICICIdirect
HDFC Sec
SBI Capital
Axis Direct
Kotak Sec
TradeSmart
Fyers
Alice Blue
Tradeplus
SAS Online
GCL Sec
Groww
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... 
SMC Global
Incorporated in 1994, SMC Global Limited is a leading financial services company in India offering services across brokerage, investment banking and wealth management.
SMC Global has a presense in India as well as internationally through offices in Dubai. They have huge network of 50+ branches and 2,400 registered sub-brokers and authorized persons with a PAN-India presence.
SMC's Online Trading portal is one stop financial investment portal of SMC Global Ltd. They offers online trading...
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 1994, SMC Global is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX. It has 2450 branches across India.
| IDBI Capital | SMC Global | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, NSDL | NSE, BSE, MCX, NCDEX |
| Year of Incorporation | 1993 | 1994 |
| Number of Branches | 14 | 2450 |
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| Enquire IDBI Capital | Enquire SMC Global |
IDBI Capital trading account opening charges is Rs 500 while SMC Global account opening changes is Nil. IDBI Capital Demat Account AMC Charges is Rs 450 and SMC Global Demat Account AMC Charges is Rs 300.
| IDBI Capital | SMC Global | |
|---|---|---|
| Trading Account Opening Charges | Rs 500 | Nil |
| Trading Account AMC Charges | NIL | Nil |
| Demat Account Opening Charges | NIL | Rs 499 |
| Demat Account AMC Charges | Rs 450 | Rs 300 |
IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas SMC Global brokerage charges for equity is 0.3% and intraday is 0.03%.
| IDBI Capital | SMC Global | |
|---|---|---|
| Account Type | Standard Plan | |
| Fixed Charges | ||
| Equity Delivery | 0.50% | 0.3% |
| Equity Intraday | 0.05% | 0.03% |
| Equity Futures | 0.05% | 0.03% |
| Equity Options | Rs 100 per lot | Rs 70 per lot |
| Currency Futures | NA | 0.03% |
| Currency Options | NA | Rs 20 per lot |
| Commodity Futures | NA | 0.03% |
| Commodity Options | NA | 0.03% |
| Special Offer |
| IDBI Capital | SMC Global | |
|---|---|---|
| Account Type | Ace Trader Plan | |
| Fixed Charges | ||
| Equity Delivery | 0.10% to 0.50% | 0.3% |
| Equity Intraday | 0.020% to 0.050% | 0.03% |
| Equity Futures | 0.020% to 0.048% | 0.03% |
| Equity Options | Rs 100 per lot | Rs 70 per lot |
| Currency Futures | 0.03% | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.03% | |
| Commodity Options | 0.03% | |
| Enquire IDBI Capital | Enquire SMC Global |
| Minimum Brokerage | Rs 25 per trade or 2.5% of the trade value whichever is lower. | Rs 25 per trade or 2.5% of the trade value whichever is lower |
| Other Charges | ||
| Call & Trade Charges | Nil |
IDBI Capital transaction charges for options is 0.051% on premium while SMC Global exchange transaction charges for options is 0.065% (on premium).
| IDBI Capital | SMC Global | |
|---|---|---|
| Equity Delivery | 0.00325% | 0.0035% |
| Equity Intraday | 0.00325% | 0.0035% |
| Equity Futures | 0.0019% | 0.0029% |
| Equity Options | 0.051% on premium | 0.065% (on premium) |
| Currency Futures | NA | 0.0029% |
| Currency Options | NA | 0.065% (on premium) |
| Commodity | NA | 0.0030% |
| Enquire IDBI Capital | Enquire SMC Global |
IDBI Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SMC Global margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| IDBI Capital | SMC Global | |
|---|---|---|
| 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) |
| Enquire IDBI Capital | Enquire SMC Global |
The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. SMC Global offers SMC Privilege, Easy Trader, Mobitrader, Tab Trader trading software.
| IDBI Capital | SMC Global | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting | |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Power Pro, Power Streaming, IDBI Direct | SMC Privilege, Easy Trader, Mobitrader, Tab Trader |
| Intraday Square-off Time | 3:00 PM | |
| Other Features | Morning Report, Equity SIP, Investment Guide | |
| Referral Program | ||
| Enquire IDBI Capital | Enquire SMC Global |
IDBI Capital is rated 2.7 of 5 based on 40 customer reviews whereas SMC Global is rated 4.0 of 5 based on 30 customer reviews.
| IDBI Capital | SMC Global | |
|---|---|---|
40 Customer Reviews  |
30 Customer Reviews |
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| Overall Ratings | |
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| Broker Rating | IDBI Capital is rated 2.7 of 5 based on 40 customer reviews | SMC Global is rated 4.0 of 5 based on 30 customer reviews |
| IDBI Capital Enquire | SMC Global Enquire | |
|---|---|---|
| Contact Broker | Leave your contact information and we will get in touch with you.... | Leave your contact information and we will get in touch with you.... |
| IDBI Capital | SMC Global | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Insurance |
| IDBI Capital | SMC Global | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | ||
| Sell Today Buy Tomorrow (STBT) | ||
| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Enquire IDBI Capital | Enquire SMC Global |
| IDBI Capital | SMC Global | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| IDBI Capital | SMC Global | |
|---|---|---|
| Casual Investor | |
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| Active Investor | ||
| Trader |
| IDBI Capital | SMC Global | |
|---|---|---|
| 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 | ||
| Enquire IDBI Capital | Enquire SMC Global |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Contact IDBI Capital
