COMPARE
Background
| Year of Incorporation | 1977 |
| Website | http://www.interactivebrokers.co.in |
| Phone | +91 22 - 61289888/61289836 |
| Exchanges enabled | NSE (plus over 100 market centers across 24 countries). |
| Demat (NSDL/CDSL) | NSDL |
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.
| Profit after Tax FY11/12 | Rs 104.1 Crores |
| Profit after Tax FY12/13 | Rs 63.01 Crores |
| Profit after Tax FY13/14 | NA |
| Profit after Tax FY 14/15 | NA |
| Debt FY11/12 | NA |
| Debt FY12/13 | NA |
| Debt FY13/14 | NA |
| Debt FY14/15 | NA |
| Profit to Equity(%) FY11/12 | 14.94 |
| Profit to Equity(%) FY12/13 | 7.29 |
| Profit to Equity(%) FY13/14 | NA |
| Profit to Equity(%) FY14/15 | NA |
| Balance Sheet Size FY11/12 | Rs 908 Crores |
| Balance Sheet Size FY12/13 | Rs 977 Crores |
| Balance Sheet Size FY13/14 | NA |
| Balance Sheet Size FY14/15 | NA |
Brokerage
| Equity | 0.05% of the value of the transaction with a minimum of INR 30 per order. Intra-day charge on one side only. Lower Rates available for high volume traders |
| Equity Futures | 0.01% of the value of the transaction. Intra-day charge on one side only. Lower Rates available for high volume traders |
| Equity Options | INR 25 per lot per side (Single Stock), INR 15 per lot per side (Index) |
| Currency Futures | 0.01% of the value of the transaction. Intra-day charge on one side only. Lower Rates available for high volume traders |
| Currency Options | 0.01% of the value of the transaction. Intra-day charge on one side only. Lower Rates available for high volume traders |
| Commodity | NA |
Account Opening Costs
| Trading only | NA |
| Trading & Demat | USD 5 in INR adjusted against commissions on a monthly basis, waived for the first 3 months and waived for accounts with over USD 100,000 in INR worth of account value |
| Commodity | NA |
Transparency & other costs
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% |
| Futures | 0.0019 % |
| Options | 0.05% |
| Commodities | not available |
| AMC charge | NIL |
| DP Transaction Charge | NIL |
| Offline order placing Charge | Rs 1500/order |
Platforms
| Software |  |
| Web/HTML 5 | |
| Mobile | |
Charting
| Intraday | 22 Days |
| End of Day | 1 Year |
| Coding/Backtesting | |
Reporting
| Online Trade Reports | |
| Online PNL Reports | |
| Online Contract Notes | |
Margins
Leverage Provided
| Equity | 2 times intraday and overnight leverage |
| Equity Futures | Upto 2 times for Intraday |
| Equity Options | Buying 0 & Shorting upto 2 times for Intraday |
| Currency Futures | Upto 2 times for Intraday |
| Currency Options | Buying 0 & Shorting upto 2 times for Intraday |
| Commodity | NA |
Support & Tools
| Research & Tips | |
| Brokerage Calculator |  |
| Margin Calculator | |
| Bracket orders & Trailing Stoploss | |
| Training & Education | |
Convenience
| 3 in 1 Account | |
| Instant Fund withdrawal | |
| Relationship Managers | |
Reviews on: Interactive Brokers