India Infoline vs IDBI Capital – Point by Point Comparison

While comparing for online share trading, both India Infoline and IDBI capital are full service brokers, the former dealing with BSE, NSE, MCX and NCDEX while the latter with BSE and NSE. The fee for opening trading account differs with India Infoline charging Rs.750 and IDBI Rs. 700. The former charges Rs.555 for opening Demat Account and Rs. 300 for maintaining it whereas the latter charges nothing for opening a Demat and Rs.350 for maintaining it. The equity options charges for IDBI Capital is fixed at Rs.100 per lot whereas it is Rs.100 per lot or 1% on premium, whichever is higher for India Infoline. The equity intraday and equity future charges differ: India Infoline being 0.05% each and IDBI capital charging 0.08% each. The minimum brokerage charges for India Infoline is Rs.0.05 per share and that for IDBI Capital is Rs.25 per transaction or 2.5% of the transaction value, whichever is higher. The 3-in-1 account facility is not available at India Infoline but IDBI capital gives its customers this facility. Trader Terminal is the trading platform for India Infoline whereas Power Pro for IDBI Capital. IDBI Capital doesn’t provide investment services in commodity and currency but India Infoline does whereas the former provides bonds facility while the latter doesn’t.

  India Infoline IDBI Capital
Basic Information Type of Broker Full Service Broker Full Service Broker
Fees for Opening Trading Account Rs. 750 Rs. 700
Annual Maintenance Charges of Trading Account NA Nil
Fees for Opening Demat Account Rs. 555 Nil
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 350
Brokerage Charges Equity Delivery Charges 0.50% 0.50%
Equity Intraday Charges 0.05% 0.08%
Equity Future Charges 0.05% 0.08%
Equity Options Charges Rs. 100 per lot or 1% on premium, whichever is higher Rs. 100 per lot
Currency Futures Charges 0.05% NA
Currency Options Charges Rs. 100 per lot or 1% on premium, whichever is higher NA
Commodity Charges 0.05% NA
Minimum Brokerage Charges Rs. 0.05 per share Rs. 25 per transaction or 2.5% of the transaction value, whichever is lower
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 0.051% on Premium
Currency Futures 0.00% NA
Currency Options 0.051% on Premium NA
Commodity 0.00% NA
Features 3-in-1 Account N Y
Mobile Trading Y Y
Acceptance of Orders After Trading Hours NA Y
SMS Alerts Y NA
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Trader Terminal Power Pro
Investment Services Stock/ Equity Y Y
Commodity Y N
Currency Y N
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD NA Y
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

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