FREE Account Opening + No Clearing Fees
Loading...

IDBI Capital Vs Zerodha (Compare IDBI Capital and Zerodha)

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

Zerodha Logo

About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde... Know more about Zerodha

Expand

IDBI Capital Vs Zerodha

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 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.

  IDBI Capital Zerodha
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, NSDL NSE, BSE, MCX and NCDEX
Year of Incorporation 1993 2010
Number of Branches 14 22
Open Zerodha Account

Expand

IDBI Capital Vs Zerodha Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while Zerodha account opening changes is Rs 200. IDBI Capital Demat Account AMC Charges is Rs 450 and Zerodha Demat Account AMC Charges is Rs 300.

  IDBI Capital Zerodha
Trading Account Opening Charges Rs 500 Rs 200
Trading Account AMC Charges NIL Rs 0 (Free)
Demat Account Opening Charges NIL Rs 0
Demat Account AMC Charges Rs 450 Rs 300

Expand

IDBI Capital Vs Zerodha Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

Account Type IDBI Capital Card Rate Plan Zerodha Flat Brokerage Plan
Fixed Charges
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.05% Rs 20 per executed order or .03% whichever is lower
Equity Futures 0.05% Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 100 per lot Rs 20 per executed order
Currency Futures NA Rs 20 per executed order or .03% whichever is lower
Currency Options NA Rs 20 per executed order
Commodity Futures NA Rs 20 per executed order or .03% whichever is lower
Commodity Options NA Rs 20 per executed order
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.

Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

IDBI Capital Vs Zerodha Brokerage Plan 2

  IDBI Capital Zerodha
Account Type Ace Trader Plan Flat Brokerage Plan
Fixed Charges
Equity Delivery 0.10% to 0.50% Rs 0 (Free)
Equity Intraday 0.020% to 0.050% Rs 20 per executed order or .03% whichever is lower
Equity Futures 0.020% to 0.048% Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 100 per lot Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
Open Zerodha Account

IDBI Capital Charges Vs Zerodha

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. 0.03% in Intraday and F&O
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges Nil Rs 50 per executed order

Expand

IDBI Capital Vs Zerodha 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 Zerodha exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium).

  IDBI Capital Zerodha
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 335 per Cr (0.00335%) | 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 335 per Cr (0.00335%) | 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 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (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 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity NA Group A - Rs 260 per Cr (0.0026%)
Open Zerodha Account

Expand

IDBI Capital Vs Zerodha Leverage (Margin)

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

  IDBI Capital Zerodha
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)
Open Zerodha Account

Expand

Compare IDBI Capital and Zerodha Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.

  IDBI Capital Zerodha
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Power Pro, Power Streaming, IDBI Direct Kite Web, Kite Mobile for Android/iOS and Coin
Intraday Square-off Time 3:00 PM Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features Morning Report, Equity SIP, Investment Guide Direct Mutual Funds, APIs for Algo Trading
Open Zerodha Account

Expand

IDBI Capital Vs Zerodha Review

IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Zerodha is rated 3.7 of 5 based on 476 customer reviews.

  IDBI Capital Zerodha
  41 Customer Reviews    Rate IDBI Capital 476 Customer Reviews    Rate Zerodha
Fees 3.2 3.7
Brokerage 2.5 4.2
Trading Platform 2.6 3.6
Customer Service 2.8 3.4
Research Capabilities 2.5 2.8
Overall Ratings Rated 2.6 stars Rated 3.7 stars
Broker Rating IDBI Capital is rated 2.6 of 5 based on 41 customer reviews Zerodha is rated 3.7 of 5 based on 476 customer reviews

Expand

Contact Broker / Request A Call Back

  IDBI Capital Enquire Zerodha 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 without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Expand

IDBI Capital Vs Zerodha Investment Options

  IDBI Capital Zerodha
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options

Expand

IDBI Capital Vs Zerodha Order Type Offered

  IDBI Capital Zerodha
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
Open Zerodha Account

Expand

IDBI Capital Vs Zerodha Research Report

  IDBI Capital Zerodha
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

Expand

IDBI Capital Vs Zerodha Suitable For Investor Type

  IDBI Capital Zerodha
Casual Investor Yes Yes
Active Investor Yes
Trader Yes

Expand

IDBI Capital Vs Zerodha - Pros and Cons

  IDBI Capital Zerodha
Pros - Prepaid plans are available for volume traders.
  • India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
Cons - Additional charge of Rs 2000 per year for installable trading platform.
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
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 Special Offer

Free stock trading and mutual funds

  • Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment + +
  • Trade with the best trading platform in India.

This is a limited time offer. Open an instant Zerodha account online and start trading today.

Open Zerodha Account

Comments

Add a public comment...

Compare IDBI Capital Compare Zerodha
Compare More Brokers: