IIFL Securities vs IDBI Direct – Compare Charges, Trading Features, Offers & more

Find a Comparison of IIFL Securities vs IDBI Direct here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of IIFL Securities and IDBI Direct.

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IIFL Securities vs IDBI Direct – Company Overview

Company Overview IIFL Securities IDBI Direct
Company Type Private Public
Headquarters Mumbai Mumbai
Founder Nirmal Jain Nagaraj Garla
Establishment Year 1995 1993

Compare the Brokerage of IIFL Securities and IDBI Direct

Brokerage IIFL Securities IDBI Direct
Brokerage Plan iValue Brokerage Standard Plan
Subscription Charges Zero Zero
Equity Delivery 0.25% of Transaction Value 0.50% of Transaction Value
Equity Intraday 0.025% of Transaction Value 0.05% of Transaction Value
Equity Future 0.25% of Transaction Value 0.05% of Transaction Value
Equity Option Rs.25 per Lot Rs.50 per Lot
Commodity Future 0.25% of Transaction Value 0.05% of Transaction Value
Commodity Option Rs.25 per Lot Rs.50 per Lot
Currency Future 0.25% of Transaction Value 0.05% of Transaction Value
Currency Option Rs.25 per Lot Rs.50 per Lot

IIFL Securities vs IDBI Direct – Trading Platforms

Trading Platforms IIFL Securities IDBI Direct
Android App IIFL Securities Android App Link IDBI Direct Android App Link
iOS App IIFL Securities iOS App Link IDBI Direct iOS App Link
Web Trading Platform NA IDBI Direct Web Trading Link
Trading Terminal NA Available
Algo Trading Platform NA Available
Foreign Stocks Trading Platform NA NA
Basket Trading Platform NA NA
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform Available NA
Bonds Investment Platform NA NA

Comparison of IIFL Securities and IDBI Direct – Trading Features

Trading Features IIFL Securities IDBI Direct
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports Yes Yes
Global indices No No
Customised Recommendations No No
Stock tips Yes No
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management Yes Yes
Robust & Secure Platform Yes Yes

Compare IIFL Securities vs IDBI Direct Offers

Offers IIFL Securities IDBI Direct
Free Account Opening Yes Yes
Free AMC 1st Year Free No
Free Brokerage No No
Flat Brokerage No No
Flexible Brokerage Plans Yes Yes
Happy Trading Hours No No
Free Delivery Trading No No
Free Intraday Trading No No
Free F&O Trading No No
Free Research Reports Yes Yes
Free Trading calls Yes Yes
Referral Offers Upto Rs.1000 per Client Upto Rs.500 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

IIFL Securities vs IDBI Direct – Products Provided

Products Provided IIFL Securities IDBI Direct
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes Yes
Commodity Future Yes Yes
Currency Option Yes Yes
Currency Future Yes Yes
Foreign Stocks No No
Mutual Funds Yes Yes
Banking No Yes
Insurance No Yes
Corporate Bonds No Yes
Govt. Bonds No Yes
Digital Gold Yes No

IIFL Securities vs IDBI Direct – Services Provided

Services Provided IIFL Securities IDBI Direct
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3 in 1 Account No Yes
Stock Research Yes Yes
Stock Recommendations Yes Yes
Trading Institution No No
Share Pledging Yes Yes
PMS or PCG Yes No
NRI Services Yes No

Compare IIFL Securities and IDBI Direct Advisory

Advisory IIFL Securities IDBI Direct
Fundamental Reports Yes Yes
Research Reports Yes Yes
Company Reports Yes Yes
Annual Reports Yes Yes
IPO Reports Yes Yes
Technical Reports Yes No
Stock Tips Yes No
Daily Top Stock Picks Yes No
Daily Market Review Yes Yes
Monthly Review Yes Yes
Weekly Review Yes Yes
Relationship Manager Yes Yes
Robo Advisory No No

Comparison of IIFL Securities and IDBI Direct Exposure

Exposure IIFL Securities IDBI Direct
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of IIFL Securities & IDBI Direct

Programs IIFL Securities IDBI Direct
Sub Broker Program Yes Yes
Partner Program Yes Yes
Referral Program Yes Yes

IIFL Securities vs IDBI Direct – Ratings by Finec

Ratings IIFL Securities IDBI Direct
Overall Rating 9.28 / 10 7.60 / 10
Customer Support 9.24 / 10 7.57 / 10
Technology 9.39 / 10 7.70 / 10
Charges 9.32 / 10 7.63 / 10
Products & Service 9.22 / 10 7.56 / 10
Experience 9.20 / 10 7.54 / 10

Compare Customer Support of IIFL Securities and IDBI Direct

Customer Support IIFL Securities IDBI Direct
Trading Support Available, Free Available, Free
Dedicated Dealer Available, Free Available, Free
Call Support 022-40071000 022-67719100
Email Support cs@indiainfoline.com customercare@idbi.co.in
Whatsapp Support 9892691696 NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support Telegram Support Link NA
Branches / Offices Available Available

Comparison of IIFL Securities & IDBI Direct Complaints

Complaints IIFL Securities IDBI Direct
Total Complaints Lodged 240 35
Total Complaints Resolved 201 28
% of Resolved Complaints 83.75% 80.00%
Non Actionable Complaints 24 3
% of Non Actionable Complaints 10.00% 8.57%

Compare Demat Charges of IIFL Securities vs IDBI Direct

Demat Charges IIFL Securities IDBI Direct
Account Opening Charges Free Free
Annual Maintenance Charges (AMC) Rs.250 per Year (1st Year Free) Rs.350 per Year

IIFL Securities vs IDBI Direct – Compare STT & CTT

STT & CTT IIFL Securities IDBI Direct
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.0625% on sell (on premium) 0.0625% on sell (on premium)
Commodity Future 0.01% on sell (Non-Agri) 0.01% on sell (Non-Agri)
Commodity Option 0.05% on sell 0.05% on sell
Currency Future Nil Nil
Currency Option Nil Nil

Compare Stamp Duty of IIFL Securities and IDBI Direct

Stamp Duty IIFL Securities IDBI Direct
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future 0.002% on buy 0.002% on buy
Commodity Option 0.003% on buy 0.003% on buy
Currency Future 0.0001% on buy 0.0001% on buy
Currency Option 0.0001% on buy 0.0001% on buy

IIFL Securities vs IDBI Direct – Transaction Charges

Transaction Charges IIFL Securities IDBI Direct
Equity Delivery 0.00335% (NSE) & As per Stock (BSE) 0.00345% (NSE) & 0.00375% (BSE)
Equity Intraday 0.00335% (NSE) & As per Stock (BSE) 0.00345% (NSE) & 0.00375% (BSE)
Equity Future 0.002% (NSE & BSE) 0.002% (NSE & BSE)
Equity Option 0.053% (on premium) 0.053% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)
Commodity Option 0.05% (Non Agri) 0.05% (Non Agri)
Currency Future 0.0009% (NSE) & 0.00022% (BSE) 0.0009% (NSE) & 0.00022% (BSE)
Currency Option 0.037% (NSE) & 0.001% (BSE) 0.035% (NSE) & 0.001% (BSE)

Compare Pledge Charges of IIFL Securities & IDBI Direct

Pledge Charges IIFL Securities IDBI Direct
Pledge Creation Charges Rs.25 per Request Rs.50 per Request or 0.04% of Value (whichever is higher)
Pledge Invocation Charges Rs.25 per Request Rs.50 per Request or 0.04% of Value (whichever is higher)
Interest on Margin Trading 0.073% per day 0.07% per day

Comparison of IIFL Securities and IDBI Direct – Hidden Charge

Hidden Charge IIFL Securities IDBI Direct
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.20 per Scrip only on Sell Rs.25 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Rs.150 Rs.150
Reactivation Charges Rs.100 Rs.100
Dematerialisation Charges Rs.18 per Certificate Rs.35 per Certificate
Call & Trade Charges Rs.50 per Trade Free

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