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IDBI Direct Vs Share.Market: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O and Currency. The brokerage of IDBI Direct Max 0.02% to 0.20% per trade while the brokerage of Share.Market ranges between Rs 20. IDBI Direct is a Full Service Broker where Share.Market is a Discount Broker. IDBI Direct is having overall higher rating compare to Share.Market. IDBI Direct is rated 3.5 out of 5 where Share.Market is rated only out of 5. Number of active customer for Share.Market is 1,22,276 where number of active customer for IDBI Direct is 56,190. Share.Market is serving more customer compare to IDBI Direct.

Here we present side-by-side comparison of IDBI Direct vs Share.Market share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared IDBI Direct vs Share.Market's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of IDBI Direct vs Share.Market share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared IDBI Direct vs Share.Market's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare IDBI Direct vs Share.Market on Service

  IDBI Direct Compare
IDBI Direct
Share.Market Compare
Share.Market
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE NSE, BSE
Active Clients 56,190 1,22,276
Broker Overview Open an integrated 3-in-1 trading account with IDBI Direct to trade in a hassle-free manner. Multiple platforms for trading across devices, stock trading tips, ideas and research reports, NRI trading, and advisory services are the reasons to choose I... Know more about IDBI Direct
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare IDBI Direct vs Share.Market on Trading & Demat Account Opening Charges

Comparison of IDBI Direct with Share.Market on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - IDBI Direct charges Rs 350 PA [Free for 1st year] AMC for Demat account where Share.Market charges Rs 15 per month (Free for 1st Year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IDBI Direct with Share.Market
Charges IDBI Direct Share.Market
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 350 PA [Free for 1st year] Rs 15 per month (Free for 1st Year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare IDBI Direct vs Share.Market on Plan Options

Plans are the most important feature you look when compare IDBI Direct with Share.Market. This section compare on high level about type of plans offered by brokers. Multiple Plans - Share.Market provides Multiple Plans where IDBI Direct doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare IDBI Direct with Share.Market on Plan Options
Plan Types IDBI Direct Share.Market
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare IDBI Direct vs Share.Market on Brokerage Charges

IDBI Direct Brokerage Plan detail - IDBI Direct Brokerage Plan

Share.Market Brokerage Plan detail - PhonePe Share.market offers a fixed flat brokerage model that charges you a maximum Rs 20 per order brokerage on equity intraday, delivery, and equity F&O trading.

Brokerage Charges - Compare IDBI Direct with Share.Market
Brokerage Charges Compare IDBI Direct Share.Market
Plan Name Flat Brokerage PLan Flat Brokerage Plan
Equity Delivery 0.20% 0.05% or Rs 20, whichever is lower
Equity Intraday 0.02% 0.05% or Rs 20, whichever is lower
Equity Futures Flat Rs 15 per order Flat Fee Rs 20
Equity Options Flat Rs 15 per order Flat Fee Rs 20
Currency Futures Flat Rs 15 per order NA
Currency Options Flat Rs 15 per order NA
Commodity Trading NA NA
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. NA
Hidden Charges Info Not Available No
Call & Trade Charges Free NA
Auto Square off Charges NA Rs 30 per executed order
Brokerage Calculator Brokerage Calculator for IDBI Direct Brokerage Calculator for Share.Market
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Share Broker's Transaction Charges

Compare IDBI Direct vs Share.Market on Transaction Charges

Compare IDBI Direct with Share.Market on transaction charges and PCM fee by segment.

Transaction Charges - Compare IDBI Direct with Share.Market
Transaction Charges Compare IDBI Direct Share.Market
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for idbicapital Complete Brokerage Plans for share.market
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Account Features

Compare IDBI Direct vs Share.Market on Account Features

Compare IDBI Direct with Share.Market on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - IDBI Direct offers 3-in-1 account where Share.Market offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - IDBI Direct offers a margin funding where Share.Market doesn't offers margin funding. NRI Trading - IDBI Direct offers NRI where Share.Market doesn't offers NRI Trading.

Account Features - IDBI Direct with Share.Market
Account Features Compare IDBI Direct Share.Market
3 in 1 Account Yes, IDBI Direct have 3-in-1 accounts. Bank Account, Demat and Trading account. No IDBI Direct have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:20 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare IDBI Direct vs Share.Market on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IDBI Direct and Share.Market. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare IDBI Direct with Share.Market
Trading Platform Compare IDBI Direct Share.Market
Web Trading Platform Yes Yes
Web Trading Detail https://trade.idbicapital.com/ Share.Market Website
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes
Mobile Trading App IDBI Direct Mobile App Share.Market app
Mobile Trading App Demo IDBI Direct Mobile App Demo Share.Market app Demo
Android Mobile App Yes Yes
Android App Download Andriod IDBI Direct Mobile App Download Andriod Share.Market app Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS IDBI Direct Mobile App Download iOS Share.Market app Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IDBI Direct Equity Intraday and Delivery Brokerage Calculator for Share.Market
Futures Brokerage Calculator Futures Brokerage Calculator for IDBI Direct Futures Brokerage Calculator for Share.Market
Options Brokerage Calculator Options Brokerage Calculator for IDBI Direct Options Brokerage Calculator for Share.Market
Detail Detail on Trading Platforms for idbicapital Detail on Trading Platforms for share.market

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Broker Ratings by Users

Compare IDBI Direct vs Share.Market on User Rating

  IDBI Direct Share.Market
  31 Customer Reviews    Rate IDBI Direct 13 Customer Reviews    Rate Share.Market
Fees Ratings 3.0 4.1
Trading Brokerage Rating 2.5 4.7
Trading Platform Usability 2.6 4.1
Customer Service Ratings 2.7 4.4
Overall Ratings 2.7 4.3
Broker Rating IDBI Direct is Rated 2.7 / 5 based on 31 customer reviews Share.Market is Rated 4.3 / 5 based on 13 customer reviews
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Investment Offerings

Compare IDBI Direct vs Share.Market on Investment Offerings

Compare IDBI Direct with Share.Market on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker don't offers Commodity Trading (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare IDBI Direct with Share.Market
Investment Offerings Compare IDBI Direct Share.Market
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity No No
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL WealthBasket
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Customer Service Offered

Compare IDBI Direct vs Share.Market on Customer Service

Compare IDBI Direct with Share.Market on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare IDBI Direct with Share.Market
Customer Service Compare IDBI Direct Share.Market
24/7 Customer Service IDBI Direct vs Share.Market - 24x7 customer support No No
Email Support IDBI Direct vs Share.Market - Email Support Yes Yes
Onine Live Chat IDBI Direct vs Share.Market - Onine Live Chat No Yes
Phone Support IDBI Direct vs Share.Market - Phone Support Yes No
Toll Free Number IDBI Direct vs Share.Market - Toll Free Number Yes No
Through Branches IDBI Direct vs Share.Market - Through Branches Yes No
Customer Care Number IDBI Direct vs Share.Market - Customer Care Number 022-3913 5001 080-68727687
Account Opening Process IDBI Direct vs Share.Market - Account Opening Process Info Not Available Paperless
Customer Support Email IDBI Direct vs Share.Market - Customer Support Email [email protected] [email protected].
Knowledge Center/Education IDBI Direct vs Share.Market - Knowledge Center/Education Info Not Available https://share.market/support/home/
Head Office Address IDBI Direct vs Share.Market - Head Office Address/Corporate Address Info Not Available 2, Floor 3, Wing A, Block A, Salarpuria Softzone,
Bellandur Village, Varthur Hobli, Outer Ring Road,
Bangalore South, Bangalore , Karnataka - 560103
Website IDBI Direct vs Share.Market - Company Website https://www.idbidirect.in/ https://share.market/
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Tips/Research/Reports Published

Compare IDBI Direct vs Share.Market on Research Reports, Tips

Compare IDBI Direct with Share.Market on research reports and tips provided by the broker.

Research Reports - Compare IDBI Direct with Share.Market
  IDBI Direct Share.Market
Research Mutual Funds IDBI Direct vs Share.Market - Research Mutual Funds Yes No
Research Equity Reports IDBI Direct vs Share.Market - Research Equity Reports Yes No
Research ETF IDBI Direct vs Share.Market - Research ETF Yes No
Daily Market Report IDBI Direct vs Share.Market - Daily Market Report Yes No
Free Tips IDBI Direct vs Share.Market - Free Tips Yes No
Quarterly Result Analysis IDBI Direct vs Share.Market - Quarterly Results Yes No
News Alerts IDBI Direct vs Share.Market - Yes No
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Demat Account

Compare IDBI Direct vs Share.Market on Demat Account

Compare IDBI Direct with Share.Market on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Share.Market is ₹15 pm where for IDBI Direct is ₹350 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for IDBI Direct is 0.04% of transaction value or ₹30 whichever is higher + CDSL charges where for Share.Market is ₹13.50.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare IDBI Direct with Share.Market
  IDBI Direct Share.Market
DP Source CDSL CDSL
DP ID IDBI Direct vs Share.Market - DP ID 28600 96000
Demat Account Annual Maintenance Charges(AMC) ₹350 pa ₹15 pm
Advance Deposit NO NIL
Statutory charges Nil NIL
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value or ₹30 whichever is higher + CDSL charges ₹13.50
Demat ₹5 per certificate + ₹30 courier charges ₹150 per certificate + Courier Charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹25 courier charges ₹150 per certificate + Courier Charges
Pledge Creation 0.05% of transaction value or ₹50 whichever is higher ₹20
Pledge Creation Confirmation Nil Nil
Pledge Closure 0.0002% of transaction value or ₹25 whichever is higher ₹20
Pledge Closure Confirmation 0.0002% of transaction value or ₹25 whichever is higher Nil
Pledge Invocation 0.0015% of transaction value or ₹25 whichever is higher ₹20
Failed Instruction Charges Nil ₹50
Other Charges
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Special Offers,Advantages,Disadvantages

Compare IDBI Direct vs Share.Market on Special Offers and Promotion

Compare IDBI Direct with Share.Market on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare IDBI Direct vs Share.Market on Special Offers and Promotion
  IDBI Direct Share.Market
Likes
  • 3-in-1 account opening.
  • Zero brokerage for the first 3 months.
  • Zero AMC for the first year.
  • Competitive brokerage
  • Paperless investment in mutual funds.
  • Equity SIP facility in shares (Amount based SIP and quantity-based SIP).
  • Leverage/margin trading with E-margin.
  • Encash – BSE feature to instantly get sale proceeds.
  • Dealer-assisted trading and free call & trade
  • Place aftermarket order, bracket order, and cover order.
  • Place Good Till Date (GTD)
  • Buy today Sell Tomorrow (BTST)

Detail Review...

  • No onboarding fee and paperless account opening process
  • Lowest Demat account maintenance fee, Rs 15/month charged quarterly
  • It charges competitive brokerage fee of Rs 20/order like Groww, Zerodha, and Fyers.
  • WealthBasket, research-driven basket of stocks and ETFs for investment
  • User-friendly mobile app and web-based trading platforms for novice traders and investors.
  • Low auto-square off charges for MIS positions, charges Rs 30/order while Zerodha and Groww charges Rs 50/order.
  • Stock factor analysis to pick right stock for investment
  • Pledge your holdings for margin trading

Detail Review...

Dislikes
  • Does not offer commodity trading.
  • The user interface of the trading platforms can be improved.
  • Customer service needs a lot of improvement.

Detail Review...

  • Delivery trading is not free.
  • Commodity and currency trading not available.
  • Share.Market does not provide trading tips.
  • PhonePe does not offer direct mutual funds for investment.
  • NRI trading is not available.
  • No call & trade facility
  • Advance features such as trading from charts, basket order, GTT order are not available.
  • It does not provide zero brokerage unlimited trading plans.

Detail Review...

Special Offers/Promo Free Account Opening, No Demat AMC for 1st Year, Equity and F&O trading at Rs 20/order maximum brokerage, and No Hidden Charges
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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