Here is a detailed comparison of Zerodha vs IDBI Direct. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Zerodha & IDBI Direct 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 Zerodha & IDBI Direct comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s Compare IDBI Direct & Zerodha
Overview of Zerodha & IDBI Direct |
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| Overview | Zerodha | IDBI Direct |
| Company Type | Private | Public |
| Broker Type | Discount Broker | Full Service Broker |
| Headquarters | Bangalore, India | Mumbai, Maharashtra |
| Founder | Nithin Kamath, Nikhil Kamath, Dr.Kailash Nadh | Shri. Nagaraj Garla |
| Established Year | 2010 | 1993 |
Zerodha vs IDBI Direct Customer Ratings Comparison |
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| Customer Ratings | Zerodha | IDBI Direct |
| Experience | 8.7 / 10 | 6.2/10 |
| Products & Services | 9.4 / 10 | 6.0/10 |
| Brokerage Charges & Fees | 9.5 / 10 | 6.3/10 |
| Stock Research & Advisory | 9.6 / 10 | 6.1/10 |
| Trading Platforms | 8.5 / 10 | 6.0/10 |
| Overall Ratings | 9.14 / 10 | 6.1/10 |
| Star Ratings | ★★★★★ | ★★★☆☆ |
| Total Client Reviews | 5893 | 157 |
Zerodha vs IDBI Direct Demat Account Comparison |
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| Demat Services | Zerodha | IDBI Direct |
| Depository Source | CDSL | CDSL & NSDL |
| Account Opening Charges | Rs.200 | Rs 500 |
| Demat AMC Charges | Rs.300 per Annum | Rs 450 |
| Trading AMC Charges | Free | Free |
| Margin Money | 75% Margin | 75% Margin |
| Offline to Online | S | R |
IDBI Direct vs Zerodha Brokerage Charges Comparison |
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| Brokerage Charge & Fees | Zerodha | IDBI Direct |
| Equity Delivery Trading | Rs 0 (Free) | 0.50% |
| Equity Intraday Trading | Flat Rs 20 or 0.03% (whichever is lower) per executed order | 0.05% |
| Commodity Options Trading | Flat Rs 20 or 0.03% (whichever is lower) per executed order | NA |
| Equity Futures Trading | Flat Rs 20 or 0.03% (whichever is lower) per executed order | 0.05% |
| Equity Options Trading | Flat Rs 20 per executed order (on Turnover) | Rs 100 per lot |
| Currency Futures Trading | Flat Rs 20 or 0.03% (whichever is lower) per executed order | NA |
| Currency Options Trading | Flat Rs 20 or 0.03% (whichever is lower) per executed order | NA |
| Minimum Brokerage | Zero | Rs.100 per executed order |
| Demat AMC Charges | Rs.300 per Annum | Rs.450 |
| Trading AMC Charges | Free | Free |
| Margin Money | 75% Margin | 75% Margin |
| Brokerage Calculator | Zerodha Brokerage Calculator | IDBI Direct Brokerage Calculator |
IDBI Direct & Zerodha Other Charges Comparison |
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| Other Charges | Zerodha | IDBI Direct |
| Transaction Charges | 0.00325% of Total Turnover | 0.00312% of Total Turnover |
| STT | 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 |
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 Charges | Rs 10 / 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) |
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Compare IDBI Direct & Zerodha Offers |
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| Offers | Zerodha | IDBI Direct |
| Free Demat Account | S | R |
| Free Trading Account | S | R |
| Discount on Brokerage | R | R |
| Trading Happy Hours | S | S |
| Flexible Brokerage Plans | S | R |
| 1 Month Brokerage Free | S | S |
| Holiday Offers | S | R |
| Referral Offers | R | S |
| Zero Brokerage for Loss Making Trades | S | S |
Compare Services of Zerodha vs IDBI Direct |
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| Services | Zerodha | IDBI Direct |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Acount | S | R |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | S | R |
| Robo Advisory | S | S |
| PMS | R | S |
| Trading Institution | S | S |
| Trading Exposure | Upto 5x | Upto 5x |
Compare IDBI Direct & Zerodha Research & Advisory |
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| Research & Advisory | Zerodha | IDBI Direct |
| Fundamental Reports | S | R |
| Research Reports | S | R |
| Company Reports | S | S |
| Annual Reports | S | S |
| Company Stock Review | S | R |
| Free Stock Tips | S | R |
| IPO Reports | S | R |
| Top Picks | S | R |
| Daily Market Review | S | R |
| Monthly Reports | S | S |
| Weekly Reports | S | R |
| Offline Advisory | S | R |
| Relationship Manager | S | R |
Zerodha vs IDBI Direct Exposure/Leverage |
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| Exposure / Leverage | Zerodha | IDBI Direct |
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x | Upto 5x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
| Currency Futures | 1x | 1x |
| Currency Options | 1x | 1x |
| Commodities | 1x | 1x |
| Margin Calculator | Zerodha Margin Calculator | IDBI Direct Margin Calculator |
Zerodha vs IDBI Direct Product Comparison |
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| Products | Zerodha | IDBI Direct |
| 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 | S | R |
| SIP | R | R |
| Insurance | S | S |
Zerodha vs IDBI Direct Trading Platform Comparison |
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| Trading Platforms | Zerodha | IDBI Direct |
| Desktop Platform – Windows | R | R |
| Desktop Platform – Mac | R | R |
| Desktop Browser Platform | R | R |
| Mobile Site Platform | R | S |
| 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 | R | S |
| Easy Installation | R | R |
| Global Indices | R | R |
| Stock Tips | R | S |
| Personalized Advisory | R | S |
| Interactive Charts | R | R |
| Live Markets | R | R |
| SMS Alerts | R | S |
| Email Alerts | R | R |
| Multi Account Management | R | S |
Zerodha vs IDBI Direct Customer Support |
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| Customer Support | Zerodha | IDBI Direct |
| Dedicated Dealer | S | R |
| Offline Trading | S | R |
| Online Trading | R | R |
| 24*7 Support | R | S |
| Email Support | R | R |
| Chat Support | R | S |
| Toll Free Number | S | S |
| Branches | Zero | 225 |
Zerodha vs IDBI Direct Customer Complaints |
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| Complaints (Current Year) | Zerodha | IDBI Direct |
| Lodged in BSE | 220 | 46 |
| Resolved in BSE | 217 | 42 |
| Lodged in NSE | 189 | 65 |
| Resolved in NSE | 185 | 59 |
Compare Zerodha with other Brokers & IDBI Direct with other Brokers
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