IDBI Capital vs Geojit BNP Paribas – Point by Point Comparison

IDBI Bank ltd. is the parent body of IDBI Capital which is one of the leading firms in Investment Banking. On the other hand, Geojit BNP Paribas is a retail financial services company. Both the companies are full service providers. IDBI exchanges trade in BSE and NSE only but Geojit BNP Paribas exchanges with BSE, NSE and MCX-SX.

Like every other company, these companies also ask for fee for opening a trading account which is Rs. 700 for IDBI Capital and Rs. 800 for Geojit BNP Paribas. “Annual Maintenance Charge of Trading Account” is NIL in both the cases while both the companies ask annual maintenance charges for a demat account. It is Rs. 350 for both the companies. “Equity Options Charge” is high in IDBI Capital. It’s Rs. 100 per lot while it’s Rs. 75 per lot in Geojit BNP Paribas. There is no currency option for transaction charges in IDBI Capital but its Rs. 10 to 15 in Geojit BNP Paribas. The trading platform for IDBI Capital is Power Pro and Flip Platinum for Geojit BNP Paribas. IDBI does not ask for currency option charges while in Geojit BNP Paribas, it is Rs. 10 to 15. Both the companies have many differences.

    IDBI Capital Geojit BNP Paribas
Basic Information Type of Broker Full Service Broker Full Service Broker
Fees for Opening Trading Account Rs. 700 Rs. 800
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Nil Nil
Annual Maintenance Charges of Demat Account Rs. 350 Rs. 350
Brokerage Charges Equity Delivery Charges 0.50% 0.30%
Equity Intraday Charges 0.08% 0.03%
Equity Future Charges 0.08% 0.03%
Equity Options Charges Rs. 100 per lot Rs. 75 per lot
Currency Futures Charges NA Rs. 10 to Rs. 15 (vary as per contract)
Currency Options Charges NA Rs. 10 to Rs. 15 (vary as per contract)
Commodity Charges NA NA
Minimum Brokerage Charges Rs. 25 per transaction or 2.5% of the transaction value, whichever is lower Re. 0.01 per share or Rs. 20 per contract, whichever is higher
Transaction Charges Equity Delivery 0.00% 0.00%
Equity Intraday 0.00% 0.00%
Equity Futures 0.00% 0.00%
Equity Options 0.051% on Premium 0.055% on Premium
Currency Futures NA 0.00%
Currency Options NA 0.0473% on Premium
Commodity NA NA
Features 3-in-1 Account Y N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts NA Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Power Pro Flip Platinum
Investment Services Stock/ Equity Y Y
Commodity N N
Currency N Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD Y NA
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N N
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

Like this Article? Subscribe to Our Feed!

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Out Best Brokerage Deals