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

Here is a detailed comparison of Sharekhan vs IDBI Direct. Sharekhan is the only full service broker who has come up with a thought of trading institution while IDBI Direct is a banking broker who is totally against any kind of marketing gimmick. This comparison between Sharekhan & IDBI Direct is a neck to neck affair.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies. This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

Sharekhan vs IDBI Direct

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

Now let’s Compare IDBI DirectSharekhan

Overview of Sharekhan & IDBI Direct

OverviewSharekhanIDBI Direct
Company TypePrivatePrivate
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaMumbai, Maharashtra
FounderJaideep AroraGurudeo M. Yadwadkar & Rakesh Sethi
Established Year20002006

Sharekhan vs IDBI Direct Customer Ratings Comparison

Customer RatingsSharekhanIDBI Direct
Products & Services7.0/106.0/10
Brokerage Charges & Fees6.5/106.3/10
Stock Research & Advisory7.0/106.1/10
Trading Platforms7.5/106.0/10
Overall Ratings7.1/106.1/10
Star Ratings★★★★☆★★★☆☆
Total Client Reviews1236157

Sharekhan vs IDBI Direct Demat Account Comparison

Demat ServicesSharekhanIDBI Direct
Depository SourceNSDL & CDSLCDSL & NSDL
Account Opening ChargesZeroFree
Demat AMC ChargesFree or Rs.300 per AnnumRs.350 per Annum
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.10,000
Offline to OnlineRR

IDBI Direct vs Sharekhan Brokerage Charges Comparison

Brokerage Charge & FeesSharekhanIDBI Direct
Equity Delivery Trading0.50%0.05% – 0.35%
Equity Intraday Trading0.10%0.01% – 0.04%
Commodity Options Trading0.10%0.01% – 0.04%
Equity Futures Trading0.10%0.01% – 0.04%
Equity Options TradingRs.100 per Lot or 2.5% on Premium (Takes higher amount)Rs.10 – Rs.60 per lot
Currency Futures Trading0.10%0.01% – 0.04%
Currency Options TradingRs.30 per Lot or 2.5% on Premium (Takes higher amount)Rs.10 – Rs.60 per lot
Minimum BrokerageRs.20Rs.20 per executed order
Demat AMC ChargesFree or Rs.300 per AnnumRs.350
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.10,000
Brokerage CalculatorSharekhan Brokerage CalculatorIDBI Direct Brokerage Calculator

IDBI Direct & Sharekhan Other Charges Comparison

Other ChargesSharekhanIDBI Direct
Transaction Charges0.00275% of Total Turnover0.00312% 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 IDBI Direct & Sharekhan Offers

OffersSharekhanIDBI Direct
Free Demat AccountRR
Free Trading AccountRR
Discount on BrokerageRR
Trading Happy HoursSS
Flexible Brokerage PlansRR
1 Month Brokerage FreeRS
Holiday OffersSR
Referral OffersRS
Zero Brokerage for Loss Making TradesSS

Compare Services of Sharekhan vs IDBI Direct

ServicesSharekhanIDBI Direct
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountSR
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRR
Robo AdvisoryRS
Trading InstitutionRS
Trading ExposureUpto 32xUpto 15X

Compare IDBI Direct & Sharekhan Research & Advisory

Research & AdvisorySharekhanIDBI Direct
Fundamental ReportsRR
Research ReportsRR
Company ReportsRS
Annual ReportsRS
Company Stock ReviewRR
Free Stock TipsRR
IPO ReportsSR
Top PicksRR
Daily Market ReviewSR
Monthly ReportsRS
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

Sharekhan vs IDBI Direct Exposure/Leverage

Exposure / LeverageSharekhanIDBI Direct
Equity DeliveryUpto 15xUpto 3X
Equity IntradayUpto 32xUpto 15X
Equity FuturesUpto 15xUpto 3X
Equity OptionsUpto 10xUpto 5X
Currency FuturesUpto 8xUpto 2X
Currency OptionsUpto 10xUpto 2X
CommoditiesUpto 10xUpto 2X
Margin CalculatorSharekhan Margin CalculatorIDBI Direct Margin Calculator

Sharekhan vs IDBI Direct Product Comparison

ProductsSharekhanIDBI Direct
Equity TradingRR
Commodity TradingRR
Currency TradingRR
Mutual FundsRR

Sharekhan vs IDBI Direct Trading Platform Comparison

Trading PlatformsSharekhanIDBI Direct
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformSS
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRS
Easy InstallationRR
Global IndicesRR
Stock TipsRS
Personalized AdvisoryRS
Interactive ChartsRR
Live MarketsRR
SMS AlertsRS
Email AlertsRR
Multi Account ManagementRS

Sharekhan vs IDBI Direct Customer Support

Customer SupportSharekhanIDBI Direct
Dedicated DealerRR
Offline TradingRR
Online TradingRR
24*7 SupportSS
Email SupportRR
Chat SupportRS
Toll Free Number1800 22 7500S

Sharekhan vs IDBI Direct Customer Complaints

Complaints (Current Year)SharekhanIDBI Direct
Lodged in BSE19846
Resolved in BSE18442
Lodged in NSE21865
Resolved in NSE21759

Compare Sharekhan with other Brokers & IDBI Direct with other Brokers

Paytm Money vs Sharekhan5Paisa vs Idbi Direct
Sharekhan vs 5PaisaAnand Rathi vs Idbi Direct
Sharekhan vs Aditya Birla MoneyAngel Broking vs Idbi Direct
Sharekhan vs Alice Blue OnlineAxis Direct vs Idbi Direct
Sharekhan vs Anand RathiBonanza Portfolio vs Idbi Direct
Sharekhan vs Angel BrokingEdelweiss vs Idbi Direct
Sharekhan vs Arihant CapitalIcici Direct vs Idbi Direct
Sharekhan vs Asit C MehtaIdbi Direct vs Aditya Birla Money
Sharekhan vs Astha TradeIdbi Direct vs Alice Blue Online
Sharekhan vs Axis DirectIdbi Direct vs Arihant Capital
Sharekhan vs Bonanza PortfolioIdbi Direct vs Asit C Mehta
Sharekhan vs Choice BrokingIdbi Direct vs Astha Trade
Sharekhan vs EdelweissIdbi Direct vs Choice Broking
Sharekhan vs Eureka SecuritiesIdbi Direct vs Eureka Securities
Sharekhan vs FyersIdbi Direct vs Fyers
Sharekhan vs Geojit FinanceIdbi Direct vs Geojit Finance
Sharekhan vs Hdfc SecuritiesIdbi Direct vs Hdfc Securities
Sharekhan vs Icici DirectIdbi Direct vs Jainam Share Consultants
Sharekhan vs Idbi DirectIdbi Direct vs Jhaveri Securities
Sharekhan vs IiflIdbi Direct vs Jm Financial
Sharekhan vs Jainam Share ConsultantsIdbi Direct vs Kifs Trade
Sharekhan vs Jhaveri SecuritiesIdbi Direct vs Lkp Securities
Sharekhan vs Jm FinancialIdbi Direct vs Mastertrust Capital
Sharekhan vs KarvyIdbi Direct vs Monarch Networth Capital
Sharekhan vs Kifs TradeIdbi Direct vs Nirmal Bang

Open Demat Account with your Favorite Broker

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

Featured Topics:

Top 10 Discount Brokers
Authorised Person
Top 10 Full Service Brokers in India
Best Demat Account in India
Stock Broker Comparison
Top 10 Intraday Trading Brokers
Stock Market Franchise
Top 10 Broking Franchise
Income Tax Calculator

Leave a Reply

Your email address will not be published. Required fields are marked *

Get 90% Discount on Brokerage Now! Open Demat Account

Share your details & Become Sub Broker Now!

  1. Become Sub BrokerOpen Demat Account

Offer valid for limited time.


Share your details & Open Demat A/C Now!

  1. Open Demat AccountBecome Sub Broker

Offer valid for limited time.


Share your details & Get IPO Allotment Now!

  1. Invest in IPOOpen Demat Account

Offer valid for limited time.


Share your details & Invest in PMS Now!

  1. Invest in PMSOpen Demat Account

Offer valid for limited time.