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

Find a Comparison of Sharekhan 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 Sharekhan and IDBI Direct.

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Sharekhan vs IDBI Direct – Company Overview

Company Overview Sharekhan IDBI Direct
Company Type Private Public
Headquarters Mumbai Mumbai
Founder Mukesh meena Dayalpura Nagaraj Garla
Establishment Year 2000 1993

Compare the Brokerage of Sharekhan and IDBI Direct

Brokerage Sharekhan IDBI Direct
Brokerage Plan Freedom Pricing Standard Plan
Subscription Charges Zero Zero
Equity Delivery 0.30% of Transaction Value or 1 paisa per share (whichever is higher) 0.50% of Transaction Value
Equity Intraday 0.02% of Transaction Value or 1 paisa per share (whichever is higher) 0.05% of Transaction Value
Equity Future 0.03% of Transaction Value 0.05% of Transaction Value
Equity Option Rs.30 per Lot Rs.50 per Lot
Commodity Future 0.03% of Transaction Value 0.05% of Transaction Value
Commodity Option Rs.75 per Lot Rs.50 per Lot
Currency Future 0.03% of Transaction Value 0.05% of Transaction Value
Currency Option Rs.20 per Lot Rs.50 per Lot

Sharekhan vs IDBI Direct – Trading Platforms

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

Comparison of Sharekhan and IDBI Direct – Trading Features

Trading Features Sharekhan 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 Yes No
Stock tips Yes No
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management Yes Yes
Robust & Secure Platform Yes Yes

Compare Sharekhan vs IDBI Direct Offers

Offers Sharekhan 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.400 per Client Upto Rs.500 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Sharekhan vs IDBI Direct – Products Provided

Products Provided Sharekhan 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 No No

Sharekhan vs IDBI Direct – Services Provided

Services Provided Sharekhan 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 Yes, Education First No
Share Pledging Yes Yes
PMS or PCG No No
NRI Services Yes No

Compare Sharekhan and IDBI Direct Advisory

Advisory Sharekhan 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 Yes No

Comparison of Sharekhan and IDBI Direct Exposure

Exposure Sharekhan 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 Sharekhan & IDBI Direct

Programs Sharekhan IDBI Direct
Sub Broker Program Yes Yes
Partner Program Yes Yes
Referral Program Yes Yes

Sharekhan vs IDBI Direct – Ratings by Finec

Ratings Sharekhan IDBI Direct
Overall Rating 9.06 / 10 7.60 / 10
Customer Support 9.03 / 10 7.57 / 10
Technology 9.17 / 10 7.70 / 10
Charges 9.10 / 10 7.63 / 10
Products & Service 9.01 / 10 7.56 / 10
Experience 8.99 / 10 7.54 / 10

Compare Customer Support of Sharekhan and IDBI Direct

Customer Support Sharekhan IDBI Direct
Trading Support Available, Free Available, Free
Dedicated Dealer Available, Free Available, Free
Call Support 9620206565 022-67719100
Email Support corporateenquiry@sharekhan.com customercare@idbi.co.in
Whatsapp Support NA 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 NA NA
Branches / Offices Available Available

Comparison of Sharekhan & IDBI Direct Complaints

Complaints Sharekhan IDBI Direct
Total Complaints Lodged 140 35
Total Complaints Resolved 122 28
% of Resolved Complaints 87.14% 80.00%
Non Actionable Complaints 12 3
% of Non Actionable Complaints 8.57% 8.57%

Compare Demat Charges of Sharekhan vs IDBI Direct

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

Sharekhan vs IDBI Direct – Compare STT & CTT

STT & CTT Sharekhan 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 Sharekhan and IDBI Direct

Stamp Duty Sharekhan 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

Sharekhan vs IDBI Direct – Transaction Charges

Transaction Charges Sharekhan 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 Sharekhan & IDBI Direct

Pledge Charges Sharekhan 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 0.048% per day 0.07% per day

Comparison of Sharekhan and IDBI Direct – Hidden Charge

Hidden Charge Sharekhan 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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