IDBI Capital vs Shoonya by Finvasia – Compare Charges, Trading Features, Offers & more

Find a Comparison of IDBI Capital vs Shoonya by Finvasia 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 IDBI Capital and Shoonya by Finvasia.

Background

Year of Incorporation 1993 2020
Website https://trade.idbicapital.com/ https://shoonya.com/
Phone 022-39135001 +91-172-474-0000
Exchanges enabled NSE & BSE BSE, NSE, NCDEX, MCX
Demat (NSDL/CDSL) NSDL CDSL
Brokerage

Equity 0.08% for Intraday, 0.5% for Delivery 0
Equity Futures 0.08% per executed order 0
Equity Options Rs 100 per lot 0
Currency Futures Not Available 0
Currency Options Not Available 0
Commodity Not Available 0
Account Opening Costs

Trading only Rs 500 Free
Trading & Demat Rs 500 Free
Commodity Not Available Free
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
Futures 0.0019% of Turnover 0
Options 0.051% of Premium Turnover 0
Commodities Not Available 0
AMC charge Rs 450 0
DP Transaction Charge Rs 10/debit transaction Rs 9 + GST
Offline order placing Charge NIL 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 years, Extra rental fees for trading software Yes
End of Day 5 years, Extra rental fees for trading software Yes
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10x Intraday Upto 1x on Delivery & Upto 2x on Intraday
Equity Futures No Leverage Upto 1x
Equity Options No Leverage Upto 1.5x
Currency Futures Not Available Upto 1.2x
Currency Options Not Available Upto 1.5x
Commodity Not Available Upto 1.5x
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 26.8 Crores 0
Profit after Tax FY12/13 Rs 24.2 Crores 0
Profit after Tax FY13/14 Rs 17.4 Crores 0
Profit after Tax FY 14/15 Rs 28.01 Crores 0
Profit after Tax FY 15/16 Rs 21.65 Crores 0
Profit after Tax FY 16/17 Rs 36.67 Crores 0
Profit after Tax FY 17/18 Rs 31.76 Crores 0
Profit after Tax FY 18/19 Rs 31.68 Crores 0
Profit after Tax FY 19/20 Rs 26.53 Crores Rs 140 Crores
Profit after Tax FY 20/21 Rs 27.34 Crores Rs 225.12 Crores
Profit after Tax FY 21/22 Rs 36.28 Crores Rs 248.93 Crores
Profit after Tax FY 22/23 Rs 27.52 Crores Rs 451.24 Crores
Debt FY11/12 Rs 14.46 Crores 0
Debt FY12/13 Rs 16.99 Crores 0
Debt FY13/14 Rs 10.30 Crores 0
Debt FY14/15 Rs 11.48 Crores 0
Debt FY15/16 Rs 14.52 Crores 0
Debt FY16/17 Rs 19.01 Crores 0
Debt FY17/18 Rs 20.26 Crores 0
Debt FY18/19 Rs 17.83 Crores 0
Debt FY19/20 Rs 23.93 Crores Rs 5.31 Crores
Debt FY20/21 Rs 18.71 Crores Rs 6.45 Crores
Debt FY21/22 Rs 24.32 Crores Rs 7.63 Crores
Debt FY22/23 Rs 19.41 Crores Rs 6.85 Crores
Profit to Equity(%) FY11/12 9.93 0
Profit to Equity(%) FY12/13 10.47 0
Profit to Equity(%) FY13/14 9.16 0
Profit to Equity(%) FY14/15 10.87 0
Profit to Equity(%) FY15/16 12.27 0
Profit to Equity(%) FY16/17 10.68 0
Profit to Equity(%) FY17/18 12.94 0
Profit to Equity(%) FY18/19 15.11 0
Profit to Equity(%) FY19/20 17.20 3.12%
Profit to Equity(%) FY20/21 14.37 2.75%
Profit to Equity(%) FY21/22 17.61 3.94%
Profit to Equity(%) FY22/23 20.92 4.31%
Balance Sheet Size FY11/12 Rs 322 Crores 0
Balance Sheet Size FY12/13 Rs 356 Crores 0
Balance Sheet Size FY13/14 Rs 343 Crores 0
Balance Sheet Size FY14/15 Rs 429.89 Crores 0
Balance Sheet Size FY15/16 Rs 527.83 Crores 0
Balance Sheet Size FY16/17 Rs 572.00 Crores 0
Balance Sheet Size FY17/18 Rs 626.89 Crores 0
Balance Sheet Size FY18/19 Rs 617.23 Crores 0
Balance Sheet Size FY19/20 Rs 576.57 Crores Rs 1503 Crores
Balance Sheet Size FY20/21 Rs 453.96 Crores Rs 2314 Crores
Balance Sheet Size FY21/22 Rs 683.25 Crores Rs 3287.21 Crores
Balance Sheet Size FY22/23 Rs 421.93 Crores Rs 4821.39 Crores

Comparison Link:

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IDBI Capital Vs Samco securities Shoonya by Finvasia Vs Samco securities
IDBI Capital Vs RK Global Shoonya by Finvasia Vs RK Global
IDBI Capital Vs Reliance Securities Shoonya by Finvasia Vs Reliance Securities
IDBI Capital Vs Nirmal Bang Shoonya by Finvasia Vs Nirmal Bang
IDBI Capital Vs Master Trust Capital Shoonya by Finvasia Vs Master Trust Capital
IDBI Capital Vs Kotak Securities Shoonya by Finvasia Vs Kotak Securities
IDBI Capital Vs Interactive Brokers Shoonya by Finvasia Vs Interactive Brokers
IDBI Capital Vs IIFL Securities Shoonya by Finvasia Vs IIFL Securities
IDBI Capital Vs Dhani Shoonya by Finvasia Vs Dhani
IDBI Capital Vs HDFC Securities Shoonya by Finvasia Vs HDFC Securities
IDBI Capital Vs Geojit Shoonya by Finvasia Vs Geojit
IDBI Capital Vs Fyers Securities Shoonya by Finvasia Vs Fyers Securities
IDBI Capital Vs Edelweiss Capital Shoonya by Finvasia Vs Edelweiss Capital
IDBI Capital Vs Easytradez Shoonya by Finvasia Vs Easytradez
IDBI Capital Vs Rupeezy Shoonya by Finvasia Vs Rupeezy
IDBI Capital Vs Anand Rathi Shoonya by Finvasia Vs Anand Rathi
IDBI Capital Vs Aditya Birla Money Shoonya by Finvasia Vs Aditya Birla Money
IDBI Capital Vs Achiievers Shoonya by Finvasia Vs Achiievers
IDBI Capital Vs Angel One Shoonya by Finvasia Vs Angel One
IDBI Capital Vs Motilal Oswal Shoonya by Finvasia Vs Motilal Oswal
IDBI Capital Vs ICICI Direct Shoonya by Finvasia Vs ICICI Direct
IDBI Capital Vs Sharekhan Shoonya by Finvasia Vs Sharekhan
IDBI Capital Vs Groww Shoonya by Finvasia Vs Groww
IDBI Capital Vs Tradesmart Online Shoonya by Finvasia Vs Tradesmart Online
IDBI Capital Vs Upstox Shoonya by Finvasia Vs Upstox
IDBI Capital Vs Zerodha Shoonya by Finvasia Vs Zerodha

Frequently Asked Questions

Is IDBI Capital better than Shoonya by Finvasia ?

IDBI Capital and Shoonya by Finvasia 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 Shoonya by Finvasia better than IDBI Capital ?

IDBI Capital and Shoonya by Finvasia 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 IDBI Capital cheaper than Shoonya by Finvasia ?

IDBI Capital and Shoonya by Finvasia 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 Shoonya by Finvasia cheaper than IDBI Capital ?

IDBI Capital and Shoonya by Finvasia 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 IDBI Capital vs. Shoonya by Finvasia ?

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