Here is a detailed comparison of IDBI Direct vs JM Financial. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between IDBI Direct & JM Financial 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.
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 & JM Financial comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s compare JM Financial & IDBI Direct
Overview of IDBI Direct & JM Financial |
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| Overview | IDBI Direct | JM Financial |
| Company Type | Private | Public |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Mumbai, Maharashtra | Mumbai, Maharashtra |
| Founder | Gurudeo M. Yadwadkar & Rakesh Sethi | Nimesh Kampani |
| Established Year | 2006 | 1986 |
IDBI Direct vs JM Financial Customer Ratings Comparison |
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| Customer Ratings | IDBI Direct | JM Financial |
| Experience | 6.2/10 | 6.2/10 |
| Products & Services | 6.0/10 | 6.4/10 |
| Brokerage Charges & Fees | 6.3/10 | 6.2/10 |
| Stock Research & Advisory | 6.1/10 | 6.6/10 |
| Trading Platforms | 6.0/10 | 5.8/10 |
| Overall Ratings | 6.1/10 | 6.4/10 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
| Total Client Reviews | 157 | 329 |
IDBI Direct vs JM Financial Demat Account Comparison |
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| Demat Services | IDBI Direct | JM Financial |
| Depository Source | CDSL & NSDL | CDSL |
| Account Opening Charges | Free | Rs.799 |
| Demat AMC Charges | Rs.350 per Annum | Rs.299 |
| Trading AMC Charges | Free | Free |
| Margin Money | Rs.10,000 | Rs.15,000 Minimum |
| Offline to Online | R | R |
JM Financial vs IDBI Direct Brokerage Charges Comparison |
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| Brokerage Charge & Fees | IDBI Direct | JM Financial |
| Equity Delivery Trading | 0.05% – 0.35% | 0.5% – 0.15% |
| Equity Intraday Trading | 0.01% – 0.04% | 0.05% -0.015% |
| Commodity Options Trading | 0.01% – 0.04% | NA |
| Equity Futures Trading | 0.01% – 0.04% | 0.05% -0.015% |
| Equity Options Trading | Rs.10 – Rs.60 per lot | Rs.75 – Rs.20 per Lot |
| Currency Futures Trading | 0.01% – 0.04% | 0.05% -0.015% |
| Currency Options Trading | Rs.10 – Rs.60 per lot | Rs.75 – Rs.20 per Lot |
| Minimum Brokerage | Rs.20 per executed order | Percentage of Transaction |
| Demat AMC Charges | Rs.350 | Rs.299 |
| Trading AMC Charges | Free | Free |
| Margin Money | Rs.10,000 | Rs.15,000 Minimum |
| Brokerage Calculator | IDBI Direct Brokerage Calculator | JM Financial Brokerage Calculator |
JM Financial & IDBI Direct Other Charges Comparison |
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| Other Charges | IDBI Direct | JM Financial |
| Transaction Charges | 0.00312% of Total Turnover | 0.00325% of Total Turnover |
| STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover |
| SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover |
| Stamp Duty | Depends on State (very minimal) | Depends on State (very minimal) |
| GST | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) |
Compare JM Financial & IDBI Direct Offers |
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| Offers | IDBI Direct | JM Financial |
| Free Demat Account | R | R |
| Free Trading Account | R | R |
| Discount on Brokerage | R | R |
| Trading Happy Hours | S | S |
| Flexible Brokerage Plans | R | R |
| 1 Month Brokerage Free | S | S |
| Holiday Offers | R | S |
| Referral Offers | S | S |
| Zero Brokerage for Loss Making Trades | S | S |
Compare Services of IDBI Direct vs JM Financial |
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| Services | IDBI Direct | JM Financial |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Acount | R | S |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | R | R |
| Robo Advisory | S | S |
| PMS | S | R |
| Trading Institution | S | S |
| Trading Exposure | Upto 15X | Upto 7x |
Compare JM Financial & IDBI Direct Research & Advisory |
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| Research & Advisory | IDBI Direct | JM Financial |
| Fundamental Reports | R | R |
| Research Reports | R | R |
| Company Reports | S | R |
| Annual Reports | S | R |
| Company Stock Review | R | R |
| Free Stock Tips | R | R |
| IPO Reports | R | R |
| Top Picks | R | R |
| Daily Market Review | R | R |
| Monthly Reports | S | R |
| Weekly Reports | R | R |
| Offline Advisory | R | R |
| Relationship Manager | R | R |
IDBI Direct vs JM Financial Exposure/Leverage |
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| Exposure / Leverage | IDBI Direct | JM Financial |
| Equity Delivery | Upto 3X | Upto 1x |
| Equity Intraday | Upto 15X | Upto 7x |
| Equity Futures | Upto 3X | Upto 2x |
| Equity Options | Upto 5X | Upto 4x |
| Currency Futures | Upto 2X | Upto 3x |
| Currency Options | Upto 2X | Upto 3x |
| Commodities | Upto 2X | Upto 2x |
| Margin Calculator | IDBI Direct Margin Calculator | JM Financial Margin Calculator |
IDBI Direct vs JM Financial Product Comparison |
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| Products | IDBI Direct | JM Financial |
| Equity Trading | R | R |
| Commodity Trading | R | R |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | R |
| Forex | S | R |
| Banking | R | S |
| SIP | R | R |
| Insurance | S | R |
IDBI Direct vs JM Financial Trading Platform Comparison |
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| Trading Platforms | IDBI Direct | JM Financial |
| Desktop Platform – Windows | R | R |
| Desktop Platform – Mac | R | R |
| Desktop Browser Platform | R | S |
| Mobile Site Platform | S | R |
| Android App Platform | R | R |
| iOS App Platform | R | R |
| Windows App Platform | S | S |
| Other Mobile OS Platform | S | S |
| Real time Updates | R | R |
| Portfolio Details | R | R |
| Online MF Buy | R | R |
| News Flash | R | R |
| Research Reports | S | R |
| Easy Installation | R | R |
| Global Indices | R | R |
| Stock Tips | S | R |
| Personalized Advisory | S | S |
| Interactive Charts | R | R |
| Live Markets | R | R |
| SMS Alerts | S | S |
| Email Alerts | R | S |
| Multi Account Management | S | S |
IDBI Direct vs JM Financial Customer Support |
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| Customer Support | IDBI Direct | JM Financial |
| Dedicated Dealer | R | R |
| Offline Trading | R | R |
| Online Trading | R | R |
| 24*7 Support | S | S |
| Email Support | R | R |
| Chat Support | S | S |
| Toll Free Number | S | S |
| Branches | 225 | 50 |
IDBI Direct vs JM Financial Customer Complaints |
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| Complaints (Current Year) | IDBI Direct | JM Financial |
| Lodged in BSE | 46 | 5 |
| Resolved in BSE | 42 | 5 |
| Lodged in NSE | 65 | 7 |
| Resolved in NSE | 59 | 7 |
Compare IDBI Direct with other Brokers & JM Financial with other Brokers
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