Indiabulls vs Interactive Brokers Comparison: 2024

About Indiabulls

India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.

Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately  7 lakhs spread across 18 cities.

India Bulls Stock Broker: An overview

The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.

India bulls Shubh pioneered the online trading platform facility

About Interactive Brokers

Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!

A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.

Interactive Brokers: An Overview

Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.

Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.

In India, the

Indiabulls vs Interactive Brokers Account Opening Charges: 2024

ChargeIndiabullsInteractive Brokers
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹500₹0
Trading Account AMC₹0₹0
Demat Account AMC₹450₹0

Indiabulls vs Interactive Brokers Brokerage Charges and Plans : 2024

ChargeIndiabullsInteractive Brokers
Plan NameEquity Unlimited Trade PlanN/A
Equity Delivery₹0 Minimum ₹6 and Upto ₹20 per executed order
Equity Intraday₹0 Minimum ₹6 and Upto ₹20 per executed order
Equity Futures₹15 per tradeMinimum ₹6 and Upto ₹20 per executed order
Equity Options₹15 per tradeMinimum ₹6 and Upto ₹20 per executed order
Currency Futures₹15 per tradeMinimum ₹6 and Upto ₹20 per executed order
Currency Options₹15 per tradeMinimum ₹6 and Upto ₹20 per executed order
Commodity Options0.03%N/A
Mutual FundN/AN/A

Indiabulls vs Interactive Brokers Margin / Exposure: 2024

SegmentIndiabullsInteractive Brokers
Equity Delivery1x (No margin)N/A
Equity IntradayUpto 5x N/A
Equity FutureIntra-day: 4x | Carry forward: 1x N/A
Equity OptionsIntra-day: 4x | Carry forward: 1xN/A
Currency FutureIntra-day: 2x | Carry forward: 1xN/A
Currency OptionsIntra-day: 2x | Carry forward: 1xN/A
Commodity FutureN/AN/A
Commodity OptionsN/AN/A

Indiabulls vs Interactive Brokers Currency Charges and Plans: 2024

Indiabulls charge ₹15 per trade for Currency Futures and ₹15 per trade for Currency Options whereas Interactive Brokers Charges Minimum ₹6 and Upto ₹20 per executed order for Currency futures and Minimum ₹6 and Upto ₹20 per executed order for Currency options.
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