IDBI Direct vs Fyers – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of IDBI Direct vs Fyers. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between IDBI Direct & Fyers will help you choose a better company that will fulfill the requirements for trading and investment purposes.

Both of these Stock Broking companies are providing wide range of products and services to the investors.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

IDBI Direct vs Fyers

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers


This IDBI Direct & Fyers comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare FyersIDBI Direct

Overview of IDBI Direct & Fyers

OverviewIDBI DirectFyers
Company TypePrivatePrivate
Broker TypeFull Service BrokerDiscount Broker
HeadquartersMumbai, MaharashtraBangalore, Karnataka
FounderGurudeo M. Yadwadkar & Rakesh SethiTejas Khoday, Shreyas Khodey & Yashas Khodey
Established Year20062015

IDBI Direct vs Fyers Customer Ratings Comparison

Customer RatingsIDBI DirectFyers
Experience6.2/103.0/10
Products & Services6.0/108.5/10
Brokerage Charges & Fees6.3/105.9/10
Stock Research & Advisory6.1/106.0/10
Trading Platforms6.0/105.6/10
Overall Ratings6.1/105.7/10
Star Ratings★★★☆☆★★★☆☆
Total Client Reviews157123

IDBI Direct vs Fyers Demat Account Comparison

Demat ServicesIDBI DirectFyers
Depository SourceCDSL & NSDLCDSL & NSDL
Account Opening ChargesFreeFree
Demat AMC ChargesRs.350 per Annum1st Year Free & Rs.300 per Annum
Trading AMC ChargesFreeFree
Margin MoneyRs.10,000Zero Margin
Offline to OnlineRR

Fyers vs IDBI Direct Brokerage Charges Comparison

Brokerage Charge & FeesIDBI DirectFyers
Equity Delivery Trading0.05% – 0.35%Free
Equity Intraday Trading0.01% – 0.04%0.01% or Rs.20 per Executed order
Commodity Options Trading0.01% – 0.04%0.01% or Rs.20 per Executed order
Equity Futures Trading0.01% – 0.04%0.01% or Rs.20 per Executed order
Equity Options TradingRs.10 – Rs.60 per lotRs.20 per executed order
Currency Futures Trading0.01% – 0.04%0.01% or Rs.20 per Executed order
Currency Options TradingRs.10 – Rs.60 per lotRs.20 per executed order
Minimum BrokerageRs.20 per executed orderRs.20 per executed order
Demat AMC ChargesRs.350Free for 1st year & Rs.300
Trading AMC ChargesFreeFree
Margin MoneyRs.10,000Zero Margin
Brokerage CalculatorIDBI Direct Brokerage CalculatorFyers Brokerage Calculator

Fyers & IDBI Direct Other Charges Comparison

Other ChargesIDBI DirectFyers
Transaction Charges0.00312% of Total Turnover0.00275% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare Fyers & IDBI Direct Offers

OffersIDBI DirectFyers
Free Demat AccountRR
Free Trading AccountRR
Discount on BrokerageRR
Trading Happy HoursSS
Flexible Brokerage PlansRS
1 Month Brokerage FreeSS
Holiday OffersRS
Referral OffersSS
Zero Brokerage for Loss Making TradesSS

Compare Services of IDBI Direct vs Fyers

ServicesIDBI DirectFyers
Demat ServicesRR
Trading ServicesRR
3 in 1 AcountRS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRS
Robo AdvisorySS
PMSSS
Trading InstitutionSS
Trading ExposureUpto 15XUpto 5X

Compare Fyers & IDBI Direct Research & Advisory

Research & AdvisoryIDBI DirectFyers
Fundamental ReportsRS
Research ReportsRS
Company ReportsSS
Annual ReportsSS
Company Stock ReviewRS
Free Stock TipsRR
IPO ReportsRS
Top PicksRS
Daily Market ReviewRS
Monthly ReportsSS
Weekly ReportsRS
Offline AdvisoryRS
Relationship ManagerRS

IDBI Direct vs Fyers Exposure/Leverage

Exposure / LeverageIDBI DirectFyers
Equity DeliveryUpto 3XUpto 2X
Equity IntradayUpto 15XUpto 5X
Equity FuturesUpto 3XUpto 4X
Equity OptionsUpto 5XUpto 5X
Currency FuturesUpto 2XUpto 3X
Currency OptionsUpto 2XUpto 3X
CommoditiesUpto 2XUpto 3X
Margin CalculatorIDBI Direct Margin CalculatorFyers Margin Calculator

IDBI Direct vs Fyers Product Comparison

ProductsIDBI DirectFyers
Equity TradingRR
Commodity TradingRR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSS
BankingRS
SIPRR
InsuranceSS

IDBI Direct vs Fyers Trading Platform Comparison

Trading PlatformsIDBI DirectFyers
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformSR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsSS
Easy InstallationRR
Global IndicesRR
Stock TipsSS
Personalized AdvisorySS
Interactive ChartsRR
Live MarketsRR
SMS AlertsSS
Email AlertsRR
Multi Account ManagementSS

IDBI Direct vs Fyers Customer Support

Customer SupportIDBI DirectFyers
Dedicated DealerRS
Offline TradingRS
Online TradingRR
24*7 SupportSS
Email SupportRR
Chat SupportSS
Toll Free NumberSS
Branches225No Branch

IDBI Direct vs Fyers Customer Complaints

Complaints (Current Year)IDBI DirectFyers
Lodged in BSE4645
Resolved in BSE4240
Lodged in NSE6564
Resolved in NSE5958

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Idbi Direct vs Tradebulls SecuritiesReliance Securities vs Fyers
Idbi Direct vs Way2WealthReligare Securities vs Fyers
Idbi Direct vs Yes SecuritiesSamco vs Fyers
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Karvy vs Idbi DirectSbi Cap Securities vs Fyers
Kotak Securities vs Idbi DirectSharekhan vs Fyers
Motilal Oswal vs Idbi DirectShri Parasram Holdings vs Fyers
Paytm Money vs Idbi DirectShriram Insight vs Fyers
Reliance Securities vs Idbi DirectSushil Finance vs Fyers
Religare Securities vs Idbi DirectSwastika Investmart vs Fyers
Samco vs Idbi DirectTradebulls Securities vs Fyers
Sbi Cap Securities vs Idbi DirectUpstox vs Fyers
Sharekhan vs Idbi DirectVentura Securities vs Fyers
Upstox vs Idbi DirectWay2Wealth vs Fyers
Ventura Securities vs Idbi DirectYes Securities vs Fyers
Zerodha vs Idbi DirectZerodha vs Fyers

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