Globe Capital vs Interactive Brokers – Compare Charges, Trading Features, Offers & more

Find a Comparison of Globe Capital vs Interactive Brokers here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Globe Capital and Interactive Brokers.

Background

Year of Incorporation 1985 1977
Website https://globecapital.com/ https://www.interactivebrokers.co.in/en/home.php
Phone 1800-123-7744 +91 22-61289888
Exchanges enabled BSE, NSE, NCDEX, ICEX, MCX NSE (plus over 100 market centers across 24 countries).
Demat (NSDL/CDSL) CDSL and NSDL NSDL
Brokerage

Equity 0.20% for Intraday & 0.3% for Delivery 0.05% per Executed Order
Equity Futures 0.03% per executed order 0.01% per Executed Order
Equity Options Rs 50 per lot Rs 25 per lot per
Currency Futures 0.03% per executed order 0.01% per Executed Order
Currency Options Rs. 20 per lot 0.01% per Executed Order
Commodity Not Available Rs 50 per lot per
Account Opening Costs

Trading only Rs 300 Rs 0
Trading & Demat Rs 300 Rs 400
Commodity Not Available Not Available
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%
Futures 0.0028% of Turnover 0.0019 %
Options 0.071% of Premium Turnover 0.05%
Commodities Not Available Not available
AMC charge Rs 300 per annum NIL
DP Transaction Charge Rs 20 NIL
Offline order placing Charge Zero Rs 1500 per order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 22 Days
End of Day 5 Years 1 Year
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x for Intraday 2x intraday and overnight leverage
Equity Futures Upto 1x for Intraday Upto 2x for Intraday
Equity Options Upto 1x Buying 0 & Shorting upto 2x for Intraday
Currency Futures Upto 1x Upto 2x for Intraday
Currency Options Upto 2x Buying 0 & Shorting upto 2x for Intraday
Commodity Not Available Not Available
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
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 1522.69 Crores Rs 104.1 Crores
Profit after Tax FY12/13 Rs 2189.98 Crores Rs 63.01 Crores
Profit after Tax FY13/14 Rs 2465.72 Crores Rs 64.75 Crores
Profit after Tax FY 14/15 Rs 3751.77 Crores Rs 74.30 Crores
Profit after Tax FY 15/16 Rs 5882.96 Crores Rs 89.41 Crores
Profit after Tax FY 16/17 Rs 7548.20 Crores Rs 79.38 Crores
Profit after Tax FY 17/18 Rs 12998.67 Crores Rs 79.67 Crores
Profit after Tax FY 18/19 Rs 12134.58 Crores Rs 93.62 Crores
Profit after Tax FY 19/20 Rs 16318.59 Crores Rs 89.06 Crores
Profit after Tax FY 20/21 Rs 22916.88 Crores Rs 99.53 Crores
Profit after Tax FY 21/22 Rs 25500.20 Crores Rs 85.24 Crores
Profit after Tax FY 22/23 Rs 31118.00 Crores Rs 78.27 Crores
Debt FY11/12 Rs 10.25 Crores Rs 17.67 Crores
Debt FY12/13 Rs 12.37 Crores Rs 13.43 Crores
Debt FY13/14 Rs 11.45 Crores Rs 21.88 Crores
Debt FY14/15 Rs 13.21 Crores Rs 21.05 Crores
Debt FY15/16 Rs 13.54 Crores Rs 23.05 Crores
Debt FY16/17 Rs 14.75 Crores Rs 22.53 Crores
Debt FY17/18 Rs 16.33 Crores Rs 22.09 Crores
Debt FY18/19 Rs 17.49 Crores Rs 23.67 Crores
Debt FY19/20 Rs 19.52 Crores Rs 21.41 Crores
Debt FY20/21 Rs 20.86 Crores Rs 24.02 Crores
Debt FY21/22 Rs 22.25 Crores Rs 27.09 Crores
Debt FY22/23 Rs 23.64 Crores Rs 21.78 Crores
Profit to Equity(%) FY11/12 5.74% 14.94
Profit to Equity(%) FY12/13 7.42% 7.29
Profit to Equity(%) FY13/14 8.85% 9.71
Profit to Equity(%) FY14/15 10.77% 9.01
Profit to Equity(%) FY15/16 12.14% 9.64
Profit to Equity(%) FY16/17 15.98% 10.04
Profit to Equity(%) FY17/18 16.74% 10.14
Profit to Equity(%) FY18/19 16.14% 11.34
Profit to Equity(%) FY19/20 17.88% 13.24
Profit to Equity(%) FY20/21 18.65% 12.52
Profit to Equity(%) FY21/22 19.83% 17.85
Profit to Equity(%) FY22/23 20.33% 14.56
Balance Sheet Size FY11/12 Rs 1,10,594.81 Crores Rs 908 Crores
Balance Sheet Size FY12/13 Rs 1,20,945.15 Crores Rs 977 Crores
Balance Sheet Size FY13/14 Rs 1,21,841.44 Crores Rs 990.08 Crores
Balance Sheet Size FY14/15 Rs 1,23,584.31 Crores Rs 968.51 Crores
Balance Sheet Size FY15/16 Rs 1,25,175.96 Crores Rs 1071.18 Crores
Balance Sheet Size FY16/17 Rs 1,27,671.85 Crores Rs 1098.72 Crores
Balance Sheet Size FY17/18 Rs 1,30,955.37 Crores Rs 1110.91 Crores
Balance Sheet Size FY18/19 Rs 1,37,945.15 Crores Rs 1095.94 Crores
Balance Sheet Size FY19/20 Rs 1,59,618.34 Crores Rs 1369.20 Crores
Balance Sheet Size FY20/21 Rs 1,86,951.55 Crores Rs 1391.66 Crores
Balance Sheet Size FY21/22 Rs 1.92.379.85 Crores Rs 1293.62 Crores
Balance Sheet Size FY22/23 Rs 2.23.710.46 Crores Rs 1627.43 Crores

Comparison Link:

Compare Globe Capital Compare Interactive Brokers
Globe Capital Vs Punch Trade Interactive Brokers Vs Punch Trade
Globe Capital Vs BlinkX Interactive Brokers Vs BlinkX
Globe Capital Vs Lemonn Interactive Brokers Vs Lemonn
Globe Capital Vs Mandot Securities Interactive Brokers Vs Mandot Securities
Globe Capital Vs HDFC Sky Interactive Brokers Vs HDFC Sky
Globe Capital Vs Dhan Interactive Brokers Vs Dhan
Globe Capital Vs Goodwill Wealth Interactive Brokers Vs Goodwill Wealth
Globe Capital Vs Shoonya by Finvasia Interactive Brokers Vs Shoonya by Finvasia
Globe Capital Vs NJ Wealth Interactive Brokers Vs NJ Wealth
Globe Capital Vs Paytm Money Interactive Brokers Vs Paytm Money
Globe Capital Vs Finvasia Interactive Brokers Vs Finvasia
Globe Capital Vs Cholamandalam Securities Interactive Brokers Vs Cholamandalam Securities
Globe Capital Vs Canara Bank Interactive Brokers Vs Canara Bank
Globe Capital Vs Axis Direct Interactive Brokers Vs Axis Direct
Globe Capital Vs Alice Blue Interactive Brokers Vs Alice Blue
Globe Capital Vs 5Paisa Interactive Brokers Vs 5Paisa
Globe Capital Vs M.stock Interactive Brokers Vs M.stock
Globe Capital Vs WisdomCapital Interactive Brokers Vs WisdomCapital
Globe Capital Vs Way2wealth Interactive Brokers Vs Way2wealth
Globe Capital Vs Ventura Securities Interactive Brokers Vs Ventura Securities
Globe Capital Vs Navia Markets Ltd Interactive Brokers Vs Navia Markets Ltd
Globe Capital Vs Tradejini Interactive Brokers Vs Tradejini
Globe Capital Vs Tata Securities Interactive Brokers Vs Tata Securities
Globe Capital Vs Swastika Investmart Interactive Brokers Vs Swastika Investmart
Globe Capital Vs SMC Global Interactive Brokers Vs SMC Global
Globe Capital Vs SBICAP Securities Interactive Brokers Vs SBICAP Securities
Globe Capital Vs SASOnline Interactive Brokers Vs SASOnline
Globe Capital Vs Samco securities Interactive Brokers Vs Samco securities
Globe Capital Vs RK Global Interactive Brokers Vs RK Global
Globe Capital Vs Reliance Securities Interactive Brokers Vs Reliance Securities
Globe Capital Vs Nirmal Bang Interactive Brokers Vs Nirmal Bang
Globe Capital Vs Master Trust Capital Interactive Brokers Vs Master Trust Capital
Globe Capital Vs Kotak Securities Interactive Brokers Vs Kotak Securities
Globe Capital Vs IIFL Securities Interactive Brokers Vs IIFL Securities
Globe Capital Vs Dhani Interactive Brokers Vs Dhani
Globe Capital Vs IDBI Capital Interactive Brokers Vs IDBI Capital
Globe Capital Vs HDFC Securities Interactive Brokers Vs HDFC Securities
Globe Capital Vs Geojit Interactive Brokers Vs Geojit
Globe Capital Vs Fyers Securities Interactive Brokers Vs Fyers Securities
Globe Capital Vs Edelweiss Capital Interactive Brokers Vs Edelweiss Capital
Globe Capital Vs Easytradez Interactive Brokers Vs Easytradez
Globe Capital Vs Rupeezy Interactive Brokers Vs Rupeezy
Globe Capital Vs Anand Rathi Interactive Brokers Vs Anand Rathi
Globe Capital Vs Aditya Birla Money Interactive Brokers Vs Aditya Birla Money
Globe Capital Vs Achiievers Interactive Brokers Vs Achiievers
Globe Capital Vs Angel Broking Interactive Brokers Vs Angel Broking
Globe Capital Vs Motilal Oswal Interactive Brokers Vs Motilal Oswal
Globe Capital Vs ICICI Direct Interactive Brokers Vs ICICI Direct
Globe Capital Vs Sharekhan Interactive Brokers Vs Sharekhan
Globe Capital Vs Groww Interactive Brokers Vs Groww
Globe Capital Vs Tradesmart Online Interactive Brokers Vs Tradesmart Online
Globe Capital Vs Upstox Interactive Brokers Vs Upstox
Globe Capital Vs Zerodha Interactive Brokers Vs Zerodha

Frequently Asked Questions

Is Globe Capital better than Interactive Brokers ?

Globe Capital and Interactive Brokers are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Interactive Brokers better than Globe Capital ?

Globe Capital and Interactive Brokers are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Globe Capital cheaper than Interactive Brokers ?

Globe Capital and Interactive Brokers are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Interactive Brokers cheaper than Globe Capital ?

Globe Capital and Interactive Brokers are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Globe Capital vs. Interactive Brokers ?

To find out the better of the two stockbrokers Globe Capital and Interactive Brokers, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.