Compare IDBI Capital
IDBI Capital
Axis Direct
Axis Direct

Background

Year of Incorporation 1993 2006 (bought Enam Securities in 2012)
Website http://www.idbipaisabuilder.in http://www.axisdirect.co.in
Phone 022-39135001 1800 103 0808
Exchanges enabled NSE & BSE NSE & BSE
Demat (NSDL/CDSL) NSDL NSDL
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12 Rs 26.8 Crores - Rs 8.9 Crores
Profit after Tax FY12/13 Rs 24.2 Crores Rs 26.4 Crores
Profit after Tax FY13/14 Rs 17.4 Crores Rs 23.4 Crores
Profit after Tax FY 14/15 Rs. 11.5 Crores Rs 107 Crores
Profit after Tax FY 15/16 Rs 9.28 Crores Rs 127 Crores
Profit after Tax FY 16/17 Rs 2.3 Crores Rs 113 Crores
Profit after Tax FY17/18 Rs 11.6 Crores Rs 138.7 Crores
Debt FY11/12 Nil Nil
Debt FY12/13 Rs 9.1 Crores Rs 154 Crores  
Debt FY13/14 Nil Nil
Debt FY14/15 Nil Nil
Debt FY15/16 Nil Nil
Debt FY 16/17 Nil Nil
Debt FY 17/18 Nil Nil
Profit to Equity(%) FY11/12 20.87 (8.61)
Profit to Equity(%) FY12/13 10.98 11.30
Profit to Equity(%) FY13/14 5.6 14.42
Profit to Equity(%) FY14/15 4 58
Profit to Equity(%) FY15/16 2.9 54.9
Profit to Equity(%) FY16/17 1 31
Profit to Equity(%) FY17/18 4 34
Balance Sheet Size FY11/12 Rs 322 Crores Rs 124 Crores
Balance Sheet Size FY12/13 Rs 356 Crores Rs 600 Crores
Balance Sheet Size FY13/14 Rs 343 Crores Rs 904 Crores
Balance Sheet Size FY14/15 Rs 337 Crores Rs 679 Crores
Balance Sheet Size FY15/16 Rs 332 Crores Rs 631 Crores
Balance Sheet Size FY16/17 Rs 343 Crores Rs. 1198 Crores
Balance Sheet Size FY17/18 Rs 352.5 Crores Rs. 1361 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year in December. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 20,610 77,333
Active clients - 2014 23,267 1,20,292
Active clients - 2015 21,321 1,84,325
Active clients - 2016 23,510 2,36,534
Active clients - 2017 32,520 3,68,030
Active clients - 2018 38,563 4,16,707
Active clients Rating


Brokerage

Equity 0.08% for Intraday, 0.5% for Delivery, Reduces with Upfront Brokerage 0.05% for Intraday, 0.5% of Delivery
Equity Futures 0.08%, Reduces with Upfront Brokerage 0.05% of Turnover
Equity Options Rs 100/lot, Reduces with Upfront Brokerage Rs 100/lot
Currency Futures NA 0.05% of Turnover
Currency Options NA Rs 100/lot
Commodity NA NA
Brokerage Rating


Account Opening Costs

Trading only NA NA
Trading & Demat Rs 1500 Rs 900
Commodity NA NA
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325% of Turnover
Futures 0.0019% of Turnover 0.019% of Turnover
Options 0.051% of Premium Turnover 0.05% of Premium Turnover
Commodities NA NA
AMC charge Rs 350 Rs 500
DP Transaction Charge Rs 10/debit transaction Rs 19.5 or 0.04% whichever is higher
Offline order placing Charge Nil Rs 20
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 5 days, Extra rental fees for trading software 5 days on Web based
End of Day 5 years, Extra rental fees for trading software 1 year on Web based
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 10 times Intraday, 0 for Delivery Upto 10 times for Intraday, 0 for Delivery
Equity Futures No Leverage No Leverage
Equity Options No Leverage No Leverage
Currency Futures NA No Leverage
Currency Options NA No Leverage
Commodity NA NA
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review