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Sharekhan Vs IDBI Capital (Compare Sharekhan and IDBI Capital)

Sharekhan Logo

About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices). Designed for serious Investors and Trader... Know more about Sharekhan

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

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Sharekhan Vs IDBI Capital

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 branches across India.

  Sharekhan IDBI Capital
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, NSDL
Year of Incorporation 2000 1993
Number of Branches 2800 14

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Sharekhan Vs IDBI Capital Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while IDBI Capital account opening changes is Rs 500. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and IDBI Capital Demat Account AMC Charges is Rs 450.

  Sharekhan IDBI Capital
Trading Account Opening Charges Rs 0 (Free) Rs 500
Trading Account AMC Charges Rs 0 (Free) NIL
Demat Account Opening Charges Rs 0 (Free) NIL
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 450

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Sharekhan Vs IDBI Capital Brokerage

Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type Sharekhan Classic Account IDBI Capital Card Rate Plan
Fixed Charges
Equity Delivery 0.30% on market rate or minimum 1 paisa per share 0.50%
Equity Intraday 0.02% on market rate or minimum 1 paisa per share 0.05%
Equity Futures 0.02% per transaction value 0.05%
Equity Options Rs 20 per lot Rs 100 per lot
Currency Futures 0.02% per transaction value NA
Currency Options Rs 5 per lot NA
Commodity Futures 0.02% NA
Commodity Options Rs 20 per lot NA
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.

Sharekhan Vs IDBI Capital Brokerage Plan 2

  Sharekhan IDBI Capital
Account Type Prepaid - Rs 1 Lakh Ace Trader Plan
Fixed Charges Rs 1,00,000 per year
Equity Delivery 0.10% 0.10% to 0.50%
Equity Intraday 0.015% 0.020% to 0.050%
Equity Futures 0.015% 0.020% to 0.048%
Equity Options 0.05% or Rs 63 per lot Rs 100 per lot
Currency Futures
Currency Options
Commodity Futures
Commodity Options

Sharekhan Vs IDBI Capital Brokerage Plan 3

  Sharekhan IDBI Capital
Account Type Margin - Rs 1 Lakh Card Rate Plan
Fixed Charges Rs 1,00,000 margin
Equity Delivery 0.25% 0.50%
Equity Intraday 0.05% 0.05%
Equity Futures 0.05% 0.05%
Equity Options 1% or Rs 70 per lot Rs 100 per lot
Currency Futures NA
Currency Options NA
Commodity Futures NA
Commodity Options NA

Sharekhan Charges Vs IDBI Capital

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 25 per trade or 2.5% of the trade value whichever is lower.
Other Charges
Call & Trade Charges Rs 20 Nil

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Sharekhan Vs IDBI Capital Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (on premium) while IDBI Capital exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Sharekhan IDBI Capital
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% NA

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Sharekhan Vs IDBI Capital Leverage (Margin)

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

  Sharekhan IDBI Capital
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 Sharekhan and IDBI Capital Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. IDBI Capital offers Power Pro, Power Streaming, IDBI Direct trading software.

  Sharekhan IDBI Capital
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform TradeTiger, Sharekhan Mobile Power Pro, Power Streaming, IDBI Direct
Intraday Square-off Time 3:30 PM 3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Pattern finder, Class room training Morning Report, Equity SIP, Investment Guide

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Sharekhan Vs IDBI Capital Review

Sharekhan is rated 3.3 of 5 based on 312 customer reviews whereas IDBI Capital is rated 2.6 of 5 based on 41 customer reviews.

  Sharekhan IDBI Capital
  312 Customer Reviews    Rate Sharekhan 41 Customer Reviews    Rate IDBI Capital
Fees 3.0 3.2
Brokerage 2.8 2.5
Trading Platform 3.7 2.6
Customer Service 3.3 2.8
Research Capabilities 3.1 2.5
Overall Ratings Rated 3.3 stars Rated 2.6 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 312 customer reviews IDBI Capital is rated 2.6 of 5 based on 41 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire IDBI Capital 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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Sharekhan Vs IDBI Capital Investment Options

  Sharekhan IDBI Capital
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading

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Sharekhan Vs IDBI Capital Order Type Offered

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

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Sharekhan Vs IDBI Capital Research Report

  Sharekhan IDBI Capital
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Sharekhan Vs IDBI Capital Suitable For Investor Type

  Sharekhan IDBI Capital
Casual Investor Yes Yes
Active Investor Yes
Trader

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Sharekhan Vs IDBI Capital - Pros and Cons

  Sharekhan IDBI Capital
Pros
  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.
- Prepaid plans are available for volume traders.
Cons
  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
- Additional charge of Rs 2000 per year for installable trading platform.
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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