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IDBI Capital Vs Upstox (Compare IDBI Capital and Upstox)

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

IDBI Capital Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs
Upstox Logo

About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

Upstox Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs
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IDBI Capital Vs Upstox

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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

  IDBI Capital Upstox
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, NSDL BSE, NSE, MCX
Year of Incorporation 1993 2012
Number of Branches 14 4
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IDBI Capital Vs Upstox Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while Upstox account opening changes is Rs 0 (Free). IDBI Capital Demat Account AMC Charges is Rs 450 and Upstox Demat Account AMC Charges is Rs 150.

  IDBI Capital Upstox
Trading Account Opening Charges Rs 500 Rs 0 (Free)
Trading Account AMC Charges NIL Rs 0 (Free)
Demat Account Opening Charges NIL Rs 0 (Free)
Demat Account AMC Charges Rs 450 Rs 150
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IDBI Capital Vs Upstox Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type IDBI Capital Standard Plan Upstox Default
Fixed Charges NA
Equity Delivery 0.50% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 0.05% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.05% Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 100 per lot Rs 20 per executed order
Currency Futures NA Rs 20 per executed order or 0.05% whichever is lower
Currency Options NA Rs 20 per executed order
Commodity Futures NA Rs 20 per executed order or 0.05% whichever is lower
Commodity Options NA Rs 20 per executed order
Special Offer

Zerodha (Trade with the best stock broker)

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.
Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

IDBI Capital Vs Upstox Brokerage Plan 2

  IDBI Capital Upstox
Account Type Ace Trader Plan Default
Fixed Charges NA
Equity Delivery 0.10% to 0.50% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 0.020% to 0.050% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.020% to 0.048% Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 100 per lot Rs 20 per executed order
Currency Futures Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 20 per executed order
Open Upstox Account

IDBI Capital Charges Vs Upstox

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. 0.05%
Other Charges Auto Square-off Charges: Rs 50
Call & Trade Charges Nil Rs 20 per trade
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IDBI Capital Vs Upstox Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while Upstox exchange transaction charges for options is NSE Rs 5000 per Cr (0.050%) (on premium).

  IDBI Capital Upstox
Equity Delivery 0.00325% NSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday 0.00325% NSE Rs 325 per Cr (0.00325%) (each side)
Equity Futures 0.0019% NSE Rs 190 per Cr (0.0019%)
Equity Options 0.051% on premium NSE Rs 5000 per Cr (0.050%) (on premium)
Currency Futures NA NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NA NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity NA Group A - Rs 290 per Cr (0.0029%)
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IDBI Capital Vs Upstox Leverage (Margin)

IDBI Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  IDBI Capital Upstox
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 Upstox Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

  IDBI Capital Upstox
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Power Pro, Power Streaming, IDBI Direct Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:00 PM 3:00 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features Morning Report, Equity SIP, Investment Guide Option strategy builder
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IDBI Capital Vs Upstox Review

IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Upstox is rated 2.4 of 5 based on 136 customer reviews.

  IDBI Capital Upstox
  41 Customer Reviews    Rate IDBI Capital 136 Customer Reviews    Rate Upstox
Fees 3.2 3.4
Brokerage 2.5 3.4
Trading Platform 2.6 2.6
Customer Service 2.8 2.3
Research Capabilities 2.5 2.2
Overall Ratings Rated 2.6 stars Rated 2.4 stars
Broker Rating IDBI Capital is rated 2.6 of 5 based on 41 customer reviews Upstox is rated 2.4 of 5 based on 136 customer reviews
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Contact Broker / Request A Call Back

  IDBI Capital Enquire Upstox 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. Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
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IDBI Capital Vs Upstox Investment Options

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

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

  IDBI Capital Upstox
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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IDBI Capital Vs Upstox Suitable For Investor Type

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

  IDBI Capital Upstox
Pros - Prepaid plans are available for volume traders.
  • Zero account opening fee.
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments including equity delivery.
  • Offer direct mutual funds.
  • One app for trading in equity, currency, and commodity.
  • Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
  • Good-Till-Triggered (GTT) orders are available.
Cons - Additional charge of Rs 2000 per year for installable trading platform.
  • Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer margin funding for delivery trades.
  • Doesn't offer stock tips or recommendations.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer 24/7 customer support.
  • Doesn't offer API access for automated trading.
  • Doesn't offer NRI Trading and Demat account.
  • Doesn't offer BTST
  • Doesn't offer digital gold.
  • Call-and-trade fee is Rs 20 per executed order extra.
  • Automatic settlement charges an additional Rs 50 per executed order.
  • Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
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

Upstox Special Offer

Exclusive offer by Upstox

  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.
Open Upstox Account

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