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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
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