Trading Bells vs IDBI Direct Comparison: 2024
About Trading Bells
Tradingbells is an online discount brokerage firm, founded in the year of 2016, headquarter is in Indore, Madhya Pradesh. It is popular for its creative ideas, product and services which provides effortless trading experience to the investors. The firm has a presence in 80 different cities and 16 states throughout the nation.
A franchie of India Infoline (IIFL Securities Ltd.), the brokerage structure of a broking house is very simple and easy to understand. It provides customer assistance through phone, live chats, emails, branches and online feedback. Apart from this their referral program gives a chance to earn 10% of the brokerage generated by your first ten friends and 20% on beyond 10 friends. Tradingbells also offer free trades on their clients' birthdays (Terms & Conditions applied).
TradingBells Stock Broker: Products
With the membership of NSE, BSE, MCX-SX & NCDEX, ICEX, Tradingbells offers a broad variety of investment products including equities,
About IDBI Direct
IDBI Capital Market & securities Ltd. also known as IDBI Direct, is a widely known full-service Mumbai based stock broker with integrated banking facilities and is a truly owned subsidiary of IDBI Bank Ltd. It has made a gigantic reputation for itself within the brokerage industry and Indian trading by providing personalized support to their respective clients.
As of today, the company has a net worth of around three billion rupees and over two hundred employees are located across seventeen distinct branches, spread over seventeen cities around the nation.
As a retail broking division of the Indian centric financial services IDBI Capital offering remote-based trading with the help of internet across all the major financial segments such as Equities, F&O, Mutual Funds and Initial Public Offerings.
Also, to help the registered users, as well as investors of the company to swift investment-related decisions and better inform them about their respective online portal by
Trading Bells vs IDBI Direct Account Opening Charges: 2024
| Charge | Trading Bells | IDBI Direct |
|---|---|---|
| Demat Account Opening Charges | ₹150 | ₹0 |
| Trading Acc Opening Charges | ₹ 300 | ₹500 (one-time) |
| Trading Account AMC | ₹ 0 | ₹0 |
| Demat Account AMC | ₹300 | ₹450 p.a. |
Trading Bells vs IDBI Direct Brokerage Charges and Plans : 2024
| Charge | Trading Bells | IDBI Direct |
|---|---|---|
| Plan Name | N/A | Standard Plan |
| Equity Delivery | ₹ 0 | 0.50% |
| Equity Intraday | ₹ 20 per executed order | 0.05% |
| Equity Futures | ₹ 20 per executed order | 0.05% |
| Equity Options | ₹ 20 per executed order | ₹100 per lot |
| Currency Futures | ₹ 20 per executed order | N/A |
| Currency Options | ₹ 20 per executed order | N/A |
| Commodity Options | ₹ 20 per executed order | N/A |
| Mutual Fund | N/A | N/A |
Trading Bells vs IDBI Direct Margin / Exposure: 2024
| Segment | Trading Bells | IDBI Direct |
|---|---|---|
| Equity Delivery | 1x | Nil |
| Equity Intraday | Up to 10x for Most Scrips | Upto 4x |
| Equity Future | Intraday: 3x | Carry: 1x | Nil |
| Equity Options | 1x | Nil |
| Currency Future | Intraday: 3x | Carry: 1x | N/A |
| Currency Options | Intraday: 3x | Carry: 1x | N/A |
| Commodity Future | Intraday: 3x | Carry: 1x | N/A |
| Commodity Options | N/A | N/A |