Compare Articles Reports Glossary Complaints

IDBI Capital Stock Trading, Demat, Brokerage and Reviews 2023

0.78% 67,157 Clients

Zerodha (Trade with the best stock 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.

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 2 unique products EQUITY SIP and ENCASH to the customers.

EQUITY SIP- It is a Systematic Investment Plan wherein a fixed amount can be invested in select stocks every month. IDBI customers can choose from two types of SIP - Amount Based and Quantity Based-

Amount based SIP - In this, you can invest a fixed amount in stocks of your choice at a predefined frequency and term. You can choose up to 10 scrips.
Quantity based SIP - This option allows you to buy a certain number of shares of a company. You can choose up to 5 such scrips to purchase.

ENCASH- It allows customers to get the sales proceeds credited to their account on the trading day instead of normal T+2 settlement day. The facility is available only on the shares available in the customer's Demat account.

The company has a net worth of over Rs 3 billion. It has a good physical presence across India. It has 19 branches, spread over 14 cities across India, and a vast network of Business Associates. IDBI customers can visit any of these branch offices to get various services and trading assistance.

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

IDBI Capital Charges 2023

IDBI Capital offers 2 brokerage plans to suit the varied needs of the traders-

Card Rate Plan- In this plan, the brokerage is charged as a percentage of the trade value.
Ace Trader Plan- In this plan, the brokerage is charged as a percentage of the trade value. However, the percentage charged depends on the monthly trade turnover.

IDBI Capital Brokerage Charges 2019

Trading Account Opening Charges (One Time)- Rs 500
Trading Annual maintenance charges (AMC)
Demat Account Opening Charges (One Time)-
Demat Account Annual Maintenance Charges(AMC)-

IDBI Capital Trading Brokerages

IDBI Card Rate Plan

Delivery Brokerage (per leg)	0.50%
Square-off Brokerage (Per leg)	0.05%
Futures Brokerage (Per leg)	0.05%
Options Brokerage (Per lot Per leg)	Rs 100

IDBI Ace Trader Plan

Delivery Trading

Total Eligible Turnover per month	Brokerage each leg (%)
Up to Rs 2,00,000	0.50
Rs 2,00,001-Rs 5,00,000	0.45
Rs 5,00,001- Rs 10,00,000	0.40
Rs 10,00,001- Rs 20,00,000	0.35
Rs 20,00,001- Rs 40,00,000	0.30
Rs 40,00,001- Rs 1,00,00,000	0.25
Rs 1,00,00,001-Rs 5,00,00,000	0.20
Rs 5,00,00,001- Rs 10,00,00,000	0.15
Above Rs 10,00,00,000	0.10

Intraday Trading

Total Eligible Turnover per month	Brokerage each leg (%)
Up to Rs 2,00,00,000	0.050
Rs 2,00,00,001 - Rs 4,00,00,000	0.045
Rs 4,00,00,001- Rs 6,00,00,000	0.040
Rs 6,00,00,001 - Rs 8,00,00,000	0.035
Rs 8,00,00,001 - Rs 10,00,00,000	0.030
Rs 10,00,00,001 and above	0.020

Futures Trading

Total Eligible Turnover per month	Brokerage each Leg (%)
Up to Rs 2,00,00,000	0.048
Rs 2,00,00,001- Rs 5,00,00,000	0.040
Rs 5,00,00,001- Rs 10,00,00,000	0.035
Rs 10,00,00,001 & above	0.020

Visit IDBI Capital Brokerage Charges Review for more detail.

Zerodha (Trade with the best stock broker)

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 Online Account Opening

For Online Stock Trading with IDBI, the investor needs to open 3 accounts; IDBI Bank Account, IDBI Capital Trading Account and IDBI Demat Account (DP Account).

Note: If you already have a bank account or demat account with IDBI, you could link it with new IDBI trading account.

Opening trading account with IDBI is easy. You could use one of the following options to open an account with IDBI.

Visit IDBI website and fill the 'Open an Account' form.
Call IDBI and tell them that you are interested in opening an account with them.

In both the cases IDBI representative contact you in a day or two and tell you about the procedure to open the account. They usually send somebody to your home to collect documents, signature and for a demo, if required.

IDBI Capital Trading Software (IDBI Capital Trading Platforms)

IDBI Capital offers stock trading services through online and offline modes. For online trading, the customers have the flexibility to choose between desktop, mobile and web platforms. IDBI provides following trading platforms to its customers-

Website Trading (www.idbidirect.in)
INFINITY
IDBIdirect (Mobile Trading App)

In addition to online trading, IDBI customers can also use offline trading services like-

Dealer assisted trading
Call & Trade

Visit IDBI Capital Trading Software Review for more detail.

Zerodha (Trade with the best stock 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.

IDBI Capital Pros and Cons

IDBI Capital Pros (Advantages)

The following are the advantages of IDBI Capital. You must read IDBI Capital advantages and disadvantages before opening an account with IDBI Capital. IDBI Capital pros and cons help you find if it suits your investment needs.

IDBI Capital offers 3-in-1 account wherein your trading, demat and bank account are linked to each other. You can link savings account maintained with IDBI Bank, HDFC Bank, Axis Bank, ICICI Bank, PNB, Vijaya Bank, OBC, Union Bank of India, Karur Vysya Bank & Lakshmi Vilas Bank with the trading account. However, to avail a 3-in-1 account, you must have a savings account with IDBI/HDFC Bank/Axis Bank/ICICI Bank.
Strong research services
Facility to invest in equities, F&O, Mutual Funds etc. from a single platform.
Offers both online and offline trading services
Brokerage plans for both low volume and high volume traders
Call & Trade and Dealer assisted trading services

IDBI Capital Cons (Disadvantages)

The following are the cons of IDBI Capital. Check the list of IDBI Capital drawbacks.

IDBI Capital doesn't offer trading services in commodity trading. You cannot trade in MCX or NCDEX.
Brokerage charges are high

IDBI Capital Margin Exposure

IDBI Capital margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. IDBI Capital F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for IDBI Capital F&O carry forward positions and equity delivery trades.

Segment	Margin	Leverage
Equity Delivery	100% of trade value	1x
Equity Intraday	Up to 20% of trade value	5x
F&O (Equity, Currency and Commodities)	100% of NRML margin (Span + Exposure)	1x

IDBI Capital Ratings

Overall Rating	2.6/5
Fees	3.2/5
Brokerage	2.5/5
Usability	2.6/5
Customer Service	2.8/5
Research Capabilities	2.5/5

Based on 41 Votes by IDBI Capital Customers

Do you trade with IDBI Capital? Rate IDBI Capital

IDBI Capital Complaint

The number of IDBI Capital customer complaint received by the exchanges. The IDBI Capital consumer complaint report helps understanding the IDBI Capital Markets and Securities Ltd quality and relibility of service.

Exchange	Financial Year	Number of Clients*	Complaints**	%
NSE	2022-23	67,157	35	0.05%
BSE	2022-23	18,390	7	0.04%
NSE	2021-22	66,639	39	0.06%
BSE	2021-22	11,051	5	0.05%
NSE	2020-21	50,510	61	0.12%
NSE	2019-20	51,591	15	0.03%
BSE	2019-20	9,059	10	0.11%
NSE	2018-19	39,926	19	0.05%
NSE	2017-18	35,362	18	0.05%
BSE	2017-18	12,188	6	0.05%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit IDBI Capital Complaints at BSE, NSE and MCX for detail report.

IDBI Capital Reviews

Corporate office:
IDBI Capital, Mafatlal Center, 5th Floor
Nariman point, Mumbai 400-021 India

Compare IDBI Capital with Top Brokers in India

Zerodha (Trade with the best stock broker)

76 Comments

76. Nalini Singh

| Link|Apr 8, 2022 12:58:51 PMReply

I like transparency of Demat Account, transfer of money from bank account to trading account. I dislike that there is Relationship manager, no one you can complain when there is problem, sometime trading site will not work, IPO allotted shares will come late.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor

75. man mohan kaur

| Link|Jul 11, 2021 7:05:08 AMReply

brokerage charges for delivery based trading are too high as compared to other brokerage firms and i am always tempted to shift by trading account to my other bank of IDFC First bank where the charges are too low. Bank should also personal manager service

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Below Average

74. Kapil Tandon

| Link|May 29, 2021 8:54:16 PMReply

Horrible linkage, joke of a customer service and exorbitant charges!

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor

73. Mamta Gulabchand Raika

| Link|Feb 18, 2016 4:28:15 PMReply

They also did with me I bought 6 lac shares @ 0.10 and they charged me 0.04 as brokerage about 40% of Share value. At the time of opening of account they said max brokerage will be 0.25%-0.30% .

They are taking money from the pocket of the customers.

I will close my all account with IDBI all current account /Demat account/ Capital account/ FD account.

we are not fool to pay 40% commission on purchase and if again need to sale on Rs.0.10 again have to pay 40% commission Rs.0.04 that mean you are gifting your money to IDBI.

not trust worthy.

73.1. N

| Link|Mar 7, 2017 6:57:28 AM

hi..so which do you recommend is the best or better for now? thanks any reply will be appreciated

73.2. Raju

| Link|May 21, 2021 8:17:27 AM

Mee too brother..
Its looted our money

72. Birajkumar M. Desau

| Link|Sep 18, 2020 5:41:29 PMReply

Recently bank has charging its existing clients Rs.30 plus 18%GST which amounts to Rs. 35.4 per transaction but was not communicated with their customers and grave situation is IDBI bank and IDBI capital staff has no idea and debits raised are random without giving details of the particular transaction. Customers got to learn after 4/5 months of debits and couldn't figure out against what transactions charges are debited. No staff is having sufficient knowledge of the raised charges. The most annoying customers are not intimated prior their practicing the charges. Almost 2 more months left but no proper informations are conveyed to the customer in spite of raising multiple inquiries. As such before practicing such charges they got to intimate customers so they can carry out transactions considering additional cost towards purchase and sales. I strongly feels bank should revert these raised charges and circulate letters to existing customers and then can begin charging their customers.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor

71. T R Gupta

| Link|Sep 7, 2017 12:04:06 PMReply

i am satisfied user/customer of IDBI Capital since last 9 years

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent

70. Nils

| Link|Apr 16, 2018 7:16:06 PMReply

Website is not running properly

Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Below Average

69. BHUKHAN LAL DEWANGAN PAN

| Link|Apr 13, 2020 6:59:45 PMReply

Opened dmate ac.ucc no issued. Login id not recd. 15 days passed. Help line nos not attended..sent e-mails fail.concered bank personal not available.

68. anand chavan

| Link|Aug 10, 2018 4:58:22 PMReply

OVERALL GOOD EXPERIANCE

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Above Average

67. Kunal Mondal

| Link|Oct 28, 2017 10:27:41 PMReply

Mobile app does not properly...customer service is worst...website is absolutely faltu

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

66. Fake Nath

| Link|Jun 6, 2017 11:01:54 PMReply

Fake... Very Bad

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

65. Vikas Panchal

| Link|Feb 2, 2017 6:44:52 PMReply

I have already a demate account in IDBI but the account is blocked/Deactive due to not used for long time. Now how I can activate it again

64. xyz

| Link|Dec 30, 2016 1:40:47 PMReply

Application is not at all user friendly. Customer care is worst.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

63. Sulthan

| Link|Nov 26, 2016 12:14:13 AMReply

NEED TO IMPROVE WEBSITE (NOT TRADING WEBSITE) BUT IDBI DIRECT WEBSITE AND APP

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Above Average
Overall Experience - Above Average

62. Rupesh

| Link|Feb 29, 2016 11:55:58 PMReply

Like many others I too have a very bad experience with IDBI Capital Patna,Bihar
I have filled the form and given cheque on 1st Feb 2016 the cheque amount was cleared on 3rd feb but till today my trading account has not opened and it''s 29th Feb 2016 today

I prefer others not to Go with IDBI Capital
there service is very poor
M regretting now

61. nageswar

| Link|Dec 19, 2015 8:19:16 PMReply

WORST ONE

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Above Average
Overall Experience - Very Poor

60. Prashant

| Link|Aug 4, 2015 3:10:27 PMReply

worst service...many times problem with OFS,IPO application...not user friendely website...poor,illogical & idiot responce from custmer care..fedup with this...i m using both ICICI & IDBI..ICICI is expensive but superb website...

59. VIDYASAGAR SINGHA

| Link|Oct 30, 2014 2:29:17 PMReply

I have applied for demat account on 27.09.2014 and given a cheque of Rs.700/- which was encashed on 17th october,I was told that your account will be opened in 10-15 days but till now I have recieved no intimation.VERY BAD EXPERIENCE WITH IDBI CAPITAL PURULIA BRANCH

58. Sagar

| Link|Sep 8, 2014 11:31:10 AMReply

web trading is very poor, session expire within 2 to 3 minute after log in,

57. MUKESH

| Link|Aug 5, 2014 12:58:20 PMReply

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

Are you a Zerodha Customer?

IDBI Capital Vs Zerodha	IDBI Capital Vs ICICIdirect	IDBI Capital Vs HDFC Securities
IDBI Capital Vs Sharekhan	IDBI Capital Vs AxisDirect	IDBI Capital Vs Angel One
IDBI Capital Vs Kotak Securities	IDBI Capital Vs Motilal Oswal	IDBI Capital Vs Groww
IDBI Capital Vs Stoxkart	IDBI Capital Vs IIFL Securities	IDBI Capital Vs SBI Securities
IDBI Capital Vs Geojit	IDBI Capital Vs Nuvama (Edelweiss)	IDBI Capital Vs Espresso Sharekhan
IDBI Capital Vs 5paisa	IDBI Capital Vs Upstox	IDBI Capital Vs Anand Rathi
IDBI Capital Vs Aditya Birla Money	IDBI Capital Vs SAMCO	IDBI Capital Vs Tradingo
IDBI Capital Vs TradeSmart	IDBI Capital Vs SAS Online	IDBI Capital Vs Tradeplus
IDBI Capital Vs Alice Blue	IDBI Capital Vs Fyers	IDBI Capital Vs Prostocks
IDBI Capital Vs RMoney	IDBI Capital Vs Bajaj Financial	IDBI Capital Vs Paytm Money
IDBI Capital Vs Yes Securities