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IDBI Capital Vs AxisDirect (Compare IDBI Capital and AxisDirect)

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

Axis Securities Logo

About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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IDBI Capital Vs AxisDirect

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 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  IDBI Capital AxisDirect
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, NSDL BSE, NSE, MCX
Year of Incorporation 1993 2006
Number of Branches 14 56

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IDBI Capital Vs AxisDirect Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while AxisDirect account opening changes is Rs 900. IDBI Capital Demat Account AMC Charges is Rs 450 and AxisDirect Demat Account AMC Charges is Rs 650.

  IDBI Capital AxisDirect
Trading Account Opening Charges Rs 500 Rs 900
Trading Account AMC Charges NIL Rs 0
Demat Account Opening Charges NIL Rs 0
Demat Account AMC Charges Rs 450 Rs 650

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IDBI Capital Vs AxisDirect Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type IDBI Capital Card Rate Plan AxisDirect Standard Brokerage Plan
Fixed Charges NA
Equity Delivery 0.50% 0.50%
Equity Intraday 0.05% 0.05%
Equity Futures 0.05% 0.05%
Equity Options Rs 100 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures NA 0.05%
Currency Options NA Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures NA 0.03%
Commodity Options NA Rs 50 per lot
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.

IDBI Capital Vs AxisDirect Brokerage Plan 2

  IDBI Capital AxisDirect
Account Type Ace Trader Plan Standard Brokerage Plan
Fixed Charges NA
Equity Delivery 0.10% to 0.50% 0.50%
Equity Intraday 0.020% to 0.050% 0.05%
Equity Futures 0.020% to 0.048% 0.05%
Equity Options Rs 100 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot

IDBI Capital Charges Vs AxisDirect

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. Rs 20 per trade
Other Charges
Call & Trade Charges Nil Rs 20 per call

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

  IDBI Capital AxisDirect
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 325 per Cr (0.00325%) | 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 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 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (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 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity NA

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IDBI Capital Vs AxisDirect Leverage (Margin)

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

  IDBI Capital AxisDirect
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 AxisDirect Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  IDBI Capital AxisDirect
3 in 1 Account Yes Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Power Pro, Power Streaming, IDBI Direct DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:00 PM 3:15
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Morning Report, Equity SIP, Investment Guide

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IDBI Capital Vs AxisDirect Review

IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 87 customer reviews.

  IDBI Capital AxisDirect
  41 Customer Reviews    Rate IDBI Capital 87 Customer Reviews    Rate AxisDirect
Fees 3.2 2.0
Brokerage 2.5 1.7
Trading Platform 2.6 2.5
Customer Service 2.8 2.2
Research Capabilities 2.5 2.7
Overall Ratings Rated 2.6 stars Rated 2.0 stars
Broker Rating IDBI Capital is rated 2.6 of 5 based on 41 customer reviews AxisDirect is rated 2.0 of 5 based on 87 customer reviews

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Contact Broker / Request A Call Back

  IDBI Capital Enquire AxisDirect 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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IDBI Capital Vs AxisDirect Investment Options

  IDBI Capital AxisDirect
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, ETF, Corporate FD

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IDBI Capital Vs AxisDirect Order Type Offered

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

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IDBI Capital Vs AxisDirect Research Report

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

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IDBI Capital Vs AxisDirect Suitable For Investor Type

  IDBI Capital AxisDirect
Casual Investor Yes Yes
Active Investor
Trader

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IDBI Capital Vs AxisDirect - Pros and Cons

  IDBI Capital AxisDirect
Pros - Prepaid plans are available for volume traders.
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons - Additional charge of Rs 2000 per year for installable trading platform.
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
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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