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 TypePublicPublic
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaMumbai, Maharashtra
FounderShripal MorakhiaShri. Nagaraj Garla
Established Year20001993

Sharekhan vs IDBI Direct Customer Ratings Comparison

Customer RatingsSharekhanIDBI Direct
Experience8.7 / 106.2/10
Products & Services8.8 / 106.0/10
Brokerage Charges & Fees8.5 / 106.3/10
Stock Research & Advisory8.3 / 106.1/10
Trading Platforms8.2 / 106.0/10
Overall Ratings8.50 / 106.1/10
Star Ratings★★★★★★★★☆☆
Total Client Reviews7839157

Sharekhan vs IDBI Direct Demat Account Comparison

Demat ServicesSharekhanIDBI Direct
Depository SourceNSDL & CDSLCDSL & NSDL
Account Opening ChargesZeroRs 500
Demat AMC ChargesRs 400 (Free for 1st year)Rs 450
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Offline to OnlineRR

IDBI Direct vs Sharekhan Brokerage Charges Comparison

Brokerage Charge & FeesSharekhanIDBI Direct
Equity Delivery Trading0.10%0.50%
Equity Intraday Trading0.50%0.05%
Commodity Options Trading0.03%NA
Equity Futures Trading0.10%0.05%
Equity Options TradingRs 50 per lotRs 100 per lot
Currency Futures Trading0.10%NA
Currency Options TradingRs 30 per lotNA
Minimum BrokerageRs.30Rs.100 per executed order
Demat AMC ChargesRs 400 (Free for 1st year)Rs.450
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
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
STTEquity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
SEBI Turnover Charges0.00005% (₹5/Crore)0.00005% (Rs. 5/Crore)
Stamp Duty(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
GST18% on (Brokerage + Transaction Charge + SEBI Fee)18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare IDBI Direct & Sharekhan Offers

OffersSharekhanIDBI Direct
Free Demat AccountSR
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
PMSRS
Trading InstitutionRS
Trading ExposureUpto 5xUpto 5x

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 Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorSharekhan Margin CalculatorIDBI Direct Margin Calculator

Sharekhan vs IDBI Direct Product Comparison

ProductsSharekhanIDBI Direct
Equity TradingRR
Commodity TradingRR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSS
BankingSR
SIPRR
InsuranceSS

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
Branches126225

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


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