Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Nuvama
Fyers
Kotak Securities
5Paisa
TradeSmart
Alice Blue
SAS Online
SAMCO
Tradingo
BlinkX
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... 
About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company.
The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India.
Fyers is a low brokerage stock broker in India...
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 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India.
| IDBI Capital | Fyers | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, NSDL | BSE, NSE, MCX |
| Year of Incorporation | 1993 | 2015 |
| Number of Branches | 14 | 2 |
| Open Fyers Account |
IDBI Capital trading account opening charges is Rs 500 while Fyers account opening changes is Rs 0 (Free). IDBI Capital Demat Account AMC Charges is Rs 450 and Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime).
| IDBI Capital | Fyers | |
|---|---|---|
| Trading Account Opening Charges | Rs 500 | Rs 0 (Free) |
| Trading Account AMC Charges | NIL | Rs 0 (Free AMC for Lifetime) |
| Demat Account Opening Charges | NIL | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 450 | Rs 0 (Free AMC for Lifetime) |
IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is 0.03% or Rs 20, whichever is lower.
| Account Type | IDBI Capital Card Rate Plan | Fyers Flat Fee Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.50% | Rs 0 (Free) |
| Equity Intraday | 0.05% | 0.03% or Rs 20, whichever is lower |
| Equity Futures | 0.05% | 0.03% or Rs 20, whichever is lower |
| Equity Options | Rs 100 per lot | Rs 20 per executed order |
| Currency Futures | NA | 0.03% or Rs 20, whichever is lower |
| Currency Options | NA | Rs 20 per executed order |
| Commodity Futures | NA | 0.03% or Rs 20, 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 brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. |
| IDBI Capital | Fyers | |
|---|---|---|
| Account Type | Ace Trader Plan | Flat Fee Brokerage Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.10% to 0.50% | Rs 0 (Free) |
| Equity Intraday | 0.020% to 0.050% | 0.03% or Rs 20, whichever is lower |
| Equity Futures | 0.020% to 0.048% | 0.03% or Rs 20, whichever is lower |
| Equity Options | Rs 100 per lot | Rs 20 per executed order |
| Currency Futures | 0.03% or Rs 20, whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Open Fyers Account |
| Minimum Brokerage | Rs 25 per trade or 2.5% of the trade value whichever is lower. | Intra-day: 0.03% or Rs 20, whichever is lower |
| Other Charges | Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery) | |
| Call & Trade Charges | Nil | Rs 50 per trade |
IDBI Capital transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Fyers exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).
| IDBI Capital | Fyers | |
|---|---|---|
| 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%) (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%) (on premium) |
| Commodity | NA | NA |
| Open Fyers Account |
IDBI Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Fyers margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| IDBI Capital | Fyers | |
|---|---|---|
| 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 Fyers Account |
The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Fyers offers Fyers App, Fyers Web, Fyers Next trading software.
| IDBI Capital | Fyers | |
|---|---|---|
| 3 in 1 Account |  |
|
| Charting | |
|
| Automated Trading |  |
|
| SMS Alerts | |
|
| Online Demo | |
|
| Online Portfolio | |
|
| Margin Trading Funding | |
|
| Margin Against Shares (Equity Cash) | |
|
| Margin Against Shares (Equity F&O) | |
|
| Trading Platform | Power Pro, Power Streaming, IDBI Direct | Fyers App, Fyers Web, Fyers Next |
| Intraday Square-off Time | 3:00 PM | 3:15 PM |
| Trading In SME Shares Allowed? | |
|
| Referral Program | |
|
| Other Features | Morning Report, Equity SIP, Investment Guide | API Trading, Algo Trading and Insta Options is available, which is designed for options traders. |
| Open Fyers Account |
IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Fyers is rated 2.9 of 5 based on 36 customer reviews.
| IDBI Capital | Fyers | |
|---|---|---|
41 Customer Reviews  |
36 Customer Reviews |
|
| Fees |  |
 |
| Brokerage |  |
 |
| Trading Platform |  |
 |
| Customer Service |  |
 |
| Research Capabilities | |
 |
| Overall Ratings | |
|
| Broker Rating | IDBI Capital is rated 2.6 of 5 based on 41 customer reviews | Fyers is rated 2.9 of 5 based on 36 customer reviews |
| IDBI Capital Enquire | Fyers 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 (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. |
| IDBI Capital | Fyers | |
|---|---|---|
| Stock / Equity | |
|
| Commodity | |
|
| Currency | |
|
| IPO | |
|
| Mutual Funds | |
|
| Bond / NCD | |
|
| Debt | |
|
| Other Investment Options |
| IDBI Capital | Fyers | |
|---|---|---|
| Bracket Order | |
|
| Cover Order | |
|
| Buy Today Sell Tomorrow (BTST) | |
|
| Sell Today Buy Tomorrow (STBT) | |
|
| After Market Order(AMO) | |
|
| Good Till Cancelled (GTC) | |
|
| Open Fyers Account |
| IDBI Capital | Fyers | |
|---|---|---|
| Daily Market Report | |
|
| Free Tips | |
|
| Quarterly Result Analysis | |
|
| News Alerts | |
|
| IDBI Capital | Fyers | |
|---|---|---|
| Casual Investor | |
|
| Active Investor | |
|
| Trader | |
| IDBI Capital | Fyers | |
|---|---|---|
| Pros | - Prepaid plans are available for volume traders. |
|
| Cons | - 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
|
Fyers Special OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
| Open Fyers Account |
Add a public comment...
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
Open Fyers Account
