Interactive Brokers vs Tata Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Interactive Brokers vs Tata Securities 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 Interactive Brokers and Tata Securities.

Background

Year of Incorporation 1977 2007
Website https://www.interactivebrokers.co.in/en/home.php https://www.tatacapital.com/tsl.html
Phone +91 22-61289888 +91 2261-828-290
Exchanges enabled NSE (plus over 100 market centers across 24 countries). NSE, BSE
Demat (NSDL/CDSL) NSDL NSDL, CSDL
Brokerage

Equity 0.05% per Executed Order Intraday - 0.02% & Delivery - 0.2%
Equity Futures 0.01% per Executed Order 0.02% of turnover
Equity Options Rs 25 per lot per Rs 35 per lot
Currency Futures 0.01% per Executed Order 0.02% of turnover
Currency Options 0.01% per Executed Order Rs 35 per lot
Commodity Rs 50 per lot per Not Available
Account Opening Costs

Trading only Rs 0 Free
Trading & Demat Rs 400 Rs 500
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% 0.00325% of Turnover
Futures 0.0019 % 0.0019% of Turnover
Options 0.05% 0.05% of Turnover
Commodities Not available Not Available
AMC charge NIL Rs 200 per year
DP Transaction Charge NIL 0.04% or Rs 25 - whichever is higher
Offline order placing Charge Rs 1500 per order 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 Days 7 days, Annual charge of Rs 500 extra
End of Day 1 Year 30 days, Annual charge of Rs 500 extra
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 2x intraday and overnight leverage Upto 10x for Intraday & Upto 3x for Delivery
Equity Futures Upto 2x for Intraday Upto 3x for intraday
Equity Options Buying 0 & Shorting upto 2x for Intraday Upto 1x for Intraday
Currency Futures Upto 2x for Intraday Upto 2x for intraday
Currency Options Buying 0 & Shorting upto 2x for Intraday Not Available
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 104.1 Crores Rs 15.6 Crores
Profit after Tax FY12/13 Rs 63.01 Crores Rs 9.8 Crores
Profit after Tax FY13/14 Rs 64.75 Crores Rs 11.9 Crores
Profit after Tax FY 14/15 Rs 74.30 Crores Rs 22.00 Crores
Profit after Tax FY 15/16 Rs 89.41 Crores Rs 24.63 Crores
Profit after Tax FY 16/17 Rs 79.38 Crores Rs 20.13 Crores
Profit after Tax FY 17/18 Rs 79.67 Crores Rs 19.39 Crores
Profit after Tax FY 18/19 Rs 93.62 Crores Rs 29.28 Crores
Profit after Tax FY 19/20 Rs 89.06 Crores Rs 29.71 Crores
Profit after Tax FY 20/21 Rs 99.53 Crores Rs 22.78 Crores
Profit after Tax FY 21/22 Rs 85.24 Crores Rs 35.53 Crores
Profit after Tax FY 22/23 Rs 78.27 Crores Rs 34.53 Crores
Debt FY11/12 Rs 17.67 Crores Rs 31.89 Crores
Debt FY12/13 Rs 13.43 Crores Rs 21.37 Crores
Debt FY13/14 Rs 21.88 Crores Rs 37.54 Crores
Debt FY14/15 Rs 21.05 Crores Rs 38.77 Crores
Debt FY15/16 Rs 23.05 Crores Rs 40.08 Crores
Debt FY16/17 Rs 22.53 Crores Rs 29.71 Crores
Debt FY17/18 Rs 22.09 Crores Rs 36.60 Crores
Debt FY18/19 Rs 23.67 Crores Rs 43.28 Crores
Debt FY19/20 Rs 21.41 Crores Rs 43.28 Crores
Debt FY20/21 Rs 24.02 Crores Rs 29.27 Crores
Debt FY21/22 Rs 27.09 Crores Rs 41.41 Crores
Debt FY22/23 Rs 21.78 Crores Rs 32.30 Crores
Profit to Equity(%) FY11/12 14.94 13.49
Profit to Equity(%) FY12/13 7.29 15.93
Profit to Equity(%) FY13/14 9.71 15.58
Profit to Equity(%) FY14/15 9.01 15.80
Profit to Equity(%) FY15/16 9.64 18.85
Profit to Equity(%) FY16/17 10.04 19.38
Profit to Equity(%) FY17/18 10.14 18.39
Profit to Equity(%) FY18/19 11.34 20.49
Profit to Equity(%) FY19/20 13.24 25.17
Profit to Equity(%) FY20/21 12.52 21.03
Profit to Equity(%) FY21/22 17.85 28.01
Profit to Equity(%) FY22/23 14.56 23.83
Balance Sheet Size FY11/12 Rs 908 Crores Rs 56 Crores
Balance Sheet Size FY12/13 Rs 977 Crores Rs 76.78 Crores
Balance Sheet Size FY13/14 Rs 990.08 Crores Rs 58.99 Crores
Balance Sheet Size FY14/15 Rs 968.51 Crores Rs 97.73 Crores
Balance Sheet Size FY15/16 Rs 1071.18 Crores Rs 63.57 Crores
Balance Sheet Size FY16/17 Rs 1098.72 Crores Rs 94.06 Crores
Balance Sheet Size FY17/18 Rs 1110.91 Crores Rs 68.60 Crores
Balance Sheet Size FY18/19 Rs 1095.94 Crores Rs 92.21 Crores
Balance Sheet Size FY19/20 Rs 1369.20 Crores Rs 60.39 Crores
Balance Sheet Size FY20/21 Rs 1391.66 Crores Rs 100.43 Crores
Balance Sheet Size FY21/22 Rs 1293.62 Crores Rs 102.67 Crores
Balance Sheet Size FY22/23 Rs 1627.43 Crores Rs 108.42 Crores

Comparison Link:

Compare Interactive Brokers Compare Tata Securities
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Frequently Asked Questions

Is Interactive Brokers better than Tata Securities ?

Interactive Brokers and Tata Securities 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 Tata Securities better than Interactive Brokers ?

Interactive Brokers and Tata Securities 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 cheaper than Tata Securities ?

Interactive Brokers and Tata Securities 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 Tata Securities cheaper than Interactive Brokers ?

Interactive Brokers and Tata Securities 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 Interactive Brokers vs. Tata Securities ?

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