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IDBI Capital Vs Zerodha Share Broker Comparison

The side-by-side comparison of IDBI Capital Markets and Securities Ltd and Zerodha stock brokers in India. The comparison below highlights the similarities and differences between IDBI Capital and Zerodha's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among IDBI Capital and Zerodha.

  IDBI Capital Markets and Securities Ltd Zerodha
 
IDBI Capital Markets and Securities Ltd Logo Zerodha Logo
About the Broker 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 Part... Know more about IDBI Capital Markets and Securities Ltd Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh... Know more about Zerodha
Type of Broker What is this parameter? Full Service Broker Discount Broker
Supported Exchnage What is this parameter? BSE, NSE NSE, BSE, MCX and NCDEX
Account Type What is this parameter? Paisa Power Classic Standard Plan
Broker Enquiry Open an Online Trading Account with IDBI Capital. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  IDBI Capital Markets and Securities Ltd Zerodha
Trading Account Opening Fees What is this parameter? Rs 700 ₹300
Trading Account AMC What is this parameter? NIL ₹0 (Free)
Demat Account Opening Fees What is this parameter? NIL ₹100
Demat Account AMC What is this parameter? Rs 350 ₹300
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  IDBI Capital Markets and Securities Ltd Zerodha
Account Type Paisa Power Classic Standard Plan
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? 0.50% ₹0 (Free)
Equity Intraday Brokerage What is this parameter? 0.08% ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage What is this parameter? 0.08% ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage What is this parameter? Rs 100 per lot ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage What is this parameter? NA ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage What is this parameter? NA ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage What is this parameter? NA ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? Rs 25 per trade or 2.5% of the trade value whichever is lower. ₹0
Other Brokerage Charges What is this parameter? Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges What is this parameter? ₹20 per executed order
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Taxes

  IDBI Capital Markets and Securities Ltd Zerodha
Securities Transaction Tax (STT) What is this parameter?
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  IDBI Capital Markets and Securities Ltd Zerodha
Equity Delivery What is this parameter? 0.00325% NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday What is this parameter? 0.00325% NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures What is this parameter? 0.0019% NSE ₹210 per crore | BSE ₹1 per trade (each side)
Equity Options What is this parameter? 0.051% on premium NSE ₹5300 per crore | BSE ₹1 per trade (each side)
Currency Futures What is this parameter? NA NSE ₹135 per crore (0.00135%)
Currency Options What is this parameter? NA NSE ₹4400 (on premium) per crore (0.044%)
Commodity What is this parameter? NA Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore
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Exposure

  IDBI Capital Markets and Securities Ltd Zerodha
Equity Delivery What is this parameter? 1x (no margin)
Equity Intraday What is this parameter? Up to 20x (based on the stock)
Equity Futures What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
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Share Broker Features

  IDBI Capital Markets and Securities Ltd Zerodha
3 in 1 Account What is this parameter? Yes No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No Yes
SMS Alerts What is this parameter? No
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? Yes No
Margin Trading Funding Available What is this parameter? No No
Margin Against Shares (Equity Cash) What is this parameter?
Margin Against Shares (Equity F&O) What is this parameter?
Trading Platform What is this parameter? Power Pro Kite Web, Kite Android/iOS, Pi, Coin
Intraday Square-off Time What is this parameter? 3:00 PM 3:10 PM
Other Features What is this parameter? Direct Mutual Funds
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Broker Ratings (Average User Rating)

  IDBI Capital Markets and Securities Ltd Zerodha
  37 Customer Reviews    Rate IDBI Capital 327 Customer Reviews    Rate Zerodha
Fees Ratings 3.2 3.8
Trading Brokerage Rating 2.6 4.4
Trading Platform Usability 2.6 3.6
Customer Service Ratings 2.9 3.5
Overall Ratings Rated 2.8 stars Rated 3.8 stars
Broker Rating IDBI Capital is Rated 2.8 / 5 based on 37 customer reviews Zerodha is Rated 3.8 / 5 based on 327 customer reviews
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Contact Broker / Request A Call Back

  IDBI Capital Markets and Securities Ltd Zerodha
Contact / Request Call Back
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Investment Options Available

  IDBI Capital Markets and Securities Ltd Zerodha
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? No Yes
Currency What is this parameter? No Yes
Initial Public Offers (IPO) What is this parameter? Yes No
Mutual Funds What is this parameter? Yes Yes
Bond / NCD What is this parameter? Yes No
Debt What is this parameter? Yes No
Other Investment Options What is this parameter?
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Customer Service Offered

  IDBI Capital Markets and Securities Ltd Zerodha
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? No No
Through Branches What is this parameter? Yes No
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Order Type

  IDBI Capital Markets and Securities Ltd Zerodha
Bracket Order What is this parameter?
Cover Order What is this parameter?
Buy Today Sell Tomorrow (BTST) What is this parameter?
Sell Today Buy Tomorrow (STBT) What is this parameter?
After Market Order(AMO) What is this parameter?
Good Till Cancelled (GTC) What is this parameter?
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Research / Tips / Reports Published

  IDBI Capital Markets and Securities Ltd Zerodha
Daily Market Report What is this parameter? Yes No
Free Tips What is this parameter? Yes No
Quarterly Result Analysis What is this parameter? Yes No
News Alerts What is this parameter? Yes No
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Suitable for Investor Category

  IDBI Capital Markets and Securities Ltd Zerodha
Casual Investor What is this parameter?
Active Investor What is this parameter? Yes
Trader What is this parameter? Yes

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Pros, Cons and Other Review Comments

  IDBI Capital Markets and Securities Ltd Zerodha
Pros What is this parameter? - Prepaid plans are available for volume traders.

More Advantages...

  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms made available for free to all its customers.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • 10% referral credit for reffering new customers.
  • Direct Mutual Fund Investment is available.
  • Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.

More Advantages...

Cons What is this parameter? - Additional charge of Rs 2000 per year for installable trading platform.

More Disadvantages...

  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra Rs 20 order.
  • Doesn't provide options to invest in IPO, Bond and NCD's public offers.
  • Margin funding is not available.
  • GTC/GTD not available in Equity.

More Disadvantages...

Reviews What is this parameter? Useful Articles about Zerodha:
Promo / Offers What is this parameter?

Truly free equity delivery trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

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