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

Last Updated Date - Oct 14, 2022

Here is a detailed comparison of IDBI Direct vs KIFS Trade. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between IDBI Direct & KIFS Trade 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 Kifs Trade

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 & KIFS Trade comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare KIFS TradeIDBI Direct

Overview of IDBI Direct & KIFS Trade

Overview IDBI Direct Kifs Trade
Company Type Private Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, Maharashtra Mumbai
Founder Gurudeo M. Yadwadkar & Rakesh Sethi Mr. Jayesh Khandwala
Established Year 2006 1995

IDBI Direct vs KIFS Trade Customer Ratings Comparison

Customer Ratings IDBI Direct Kifs Trade
Experience 6.2/10 6.1/10
Products & Services 6.0/10 6.2/10
Brokerage Charges & Fees 6.3/10 5.8/10
Stock Research & Advisory 6.1/10 6.3/10
Trading Platforms 6.0/10 6.2/10
Overall Ratings 6.1/10 6.1/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 157 156

IDBI Direct vs KIFS Trade Demat Account Comparison

Demat Services IDBI Direct Kifs Trade
Depository Source CDSL & NSDL CDSL
Account Opening Charges Free Free
Demat AMC Charges Rs.350 per Annum Free or Rs.300
Trading AMC Charges Free Free
Margin Money Rs.10,000 Rs.25,000 – Rs.100,000
Offline to Online R R

KIFS Trade vs IDBI Direct Brokerage Charges Comparison

Brokerage Charge & Fees IDBI Direct Kifs Trade
Equity Delivery Trading 0.05% – 0.35% 0.10% – 0.30%
Equity Intraday Trading 0.01% – 0.04% 0.010% – 0.030%
Commodity Options Trading 0.01% – 0.04% 0.010% – 0.030%
Equity Futures Trading 0.01% – 0.04% 0.010% – 0.030%
Equity Options Trading Rs.10 – Rs.60 per lot Rs.20 – Rs.30 per Lot
Currency Futures Trading 0.01% – 0.04% 0.010% – 0.030%
Currency Options Trading Rs.10 – Rs.60 per lot Rs.20 – Rs.30 per Lot
Minimum Brokerage Rs.20 per executed order Rs.30 per Trade
Demat AMC Charges Rs.350 Free or Rs.300
Trading AMC Charges Free Free
Margin Money Rs.10,000 Rs.0 – Rs.300,000
Brokerage Calculator IDBI Direct Brokerage Calculator KIFS Trade Brokerage Calculator

KIFS Trade & IDBI Direct Other Charges Comparison

Other Charges IDBI Direct Kifs Trade
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 KIFS Trade & IDBI Direct Offers

Offers IDBI Direct Kifs Trade
Free Demat Account R R
Free Trading Account R R
Discount on Brokerage R S
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free S R
Holiday Offers R S
Referral Offers S S
Zero Brokerage for Loss Making Trades S S

Compare Services of IDBI Direct vs KIFS Trade

Services IDBI Direct Kifs Trade
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 S
Trading Institution S S
Trading Exposure Upto 15X Upto 10 Times

Compare KIFS Trade & IDBI Direct Research & Advisory

Research & Advisory IDBI Direct Kifs Trade
Fundamental Reports R S
Research Reports R R
Company Reports S S
Annual Reports S S
Company Stock Review R R
Free Stock Tips R R
IPO Reports R S
Top Picks R R
Daily Market Review R S
Monthly Reports S R
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

IDBI Direct vs KIFS Trade Exposure/Leverage

Exposure / Leverage IDBI Direct Kifs Trade
Equity Delivery Upto 3X Upto 6x
Equity Intraday Upto 15X Upto 10x
Equity Futures Upto 3X Upto 4x
Equity Options Upto 5X Upto 6x
Currency Futures Upto 2X Upto 4x
Currency Options Upto 2X Upto 6x
Commodities Upto 2X Upto 5x
Margin Calculator IDBI Direct Margin Calculator KIFS Trade Margin Calculator

IDBI Direct vs KIFS Trade Product Comparison

Products IDBI Direct Kifs Trade
Equity Trading R R
Commodity Trading R R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex S S
Banking R S
SIP R R
Insurance S S

IDBI Direct vs KIFS Trade Trading Platform Comparison

Trading Platforms IDBI Direct Kifs Trade
Desktop Platform – Windows R R
Desktop Platform – Mac R S
Desktop Browser Platform R R
Mobile Site Platform S S
Android App Platform R R
iOS App Platform R S
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R S
News Flash R S
Research Reports S R
Easy Installation R R
Global Indices R R
Stock Tips S R
Personalized Advisory S R
Interactive Charts R S
Live Markets R R
SMS Alerts S S
Email Alerts R R
Multi Account Management S S

IDBI Direct vs KIFS Trade Customer Support

Customer Support IDBI Direct Kifs Trade
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 5

IDBI Direct vs KIFS Trade Customer Complaints

Complaints (Current Year) IDBI Direct Kifs Trade
Lodged in BSE 46 102
Resolved in BSE 42 68
Lodged in NSE 65 123
Resolved in NSE 59 86

Compare IDBI Direct with other Brokers & KIFS Trade with other Brokers


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