SBI Securities Stock Trading, Demat, Brokerage and Reviews 2016

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SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd. Services offered by SBICAP includes Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services and E-Broking. They also provide online trading product to investors & traders.

The portal allows both Resident Indians and Non Resident Indians (NRIs) to invest in Equity, Derivatives, Mutual Funds, IPOs via the online channel. SSL's online trading platform is powered by a robust trading engine. SSL is registered with the Securities Exchange Board of India. SBICAP Securities (SSL) provides Share Trading with [email protected] This links all your three accounts i.e. Bank Account, Demat Account and Trading Account together.


  1. (3-in-1) trading experience (Demat, Savings & Online Trading A/C)
  2. Low bandwidth option for anywhere access
  3. Instant Fund and Share transfer facility
  4. 24X7 access to back-office

Trade In: BSE and NSE

SBI Securities Rating (by the customers)

85 Votes

Overall Rating Rated 2.8 stars 2.8/5
Fees Rated 3.3 stars 3.3/5
Brokerage Rated 3.1 stars 3.1/5
Usability Rated 2.8 stars 2.8/5
Customer Service Rated 2.9 stars 2.9/5

Do you trade with SBI Securities? Rate SBI Securities

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SBI Securities Brokerage Charges 2016

  • Account Opening Charges (Individual): Rs 500
  • Account Opening Charges (Non Individual): Rs 1000
  • Annual maintenance charges (Individual): Rs 400
  • Annual maintenance charges (Non Individual): Rs 800

Trading Brokerages

  • Intra-day Trades: 0.15% (both sides) Or Minimum 5 paise per share whichever is higher.
  • Delivery Based Trades: 0.50% or Minimum 5 paise per share whichever is higher.
  • Futures: 0.05% for intraday and 0.09% for carry forward Or Minimum 5 paise per share whichever is higher .
  • Options Trades: Rs. 50/- for intraday (one side) (per contract) and Rs. 100/- for carry forward (per contract).
SBICAP Securities Brokerage / Charges
Segment DeliveryIntradayMinimum
   First legSecond leg 
Cash Market 0.50%0.075%0.075%Rs 0.05
DerivativesFuture0.05%0.03%0.03%Rs 0.01
 Option (per lot)Rs 100Rs 50Rs 50 
Currency DerivativesFuture0.03%0.015%0.015% 
 Option (per lot)Rs 30Rs 20Rs 20 
Demat Transaction Charges SBICAP Securities
On-Market (Sell Market) / Off Market (% of transaction value of each ISIN)
with POA (applicable for On Market Instructions only)0.01% (Min. Rs 21, Max. Rs 300)
For instruction submitted through internet0.01% (Min. Rs 21, Max. Rs 300)
For instruction submitted through Branches0.04% (Min. Rs 30)
Buy- market and off-marketNil
Rejection / Failed instructionRs 10 per failed instruction

Useful Articles:

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SBI Securities Complaints received at BSE / NSE:

Number of customer complained against SBICAP Securities Ltd share broker. The SBICAP Securities Ltd consumer complaints provide the summary of grievance which went to exchange for resolution.

SBICAP Securities Ltd consumer complaints
Exchange Financial Year Number of Clients * Total Complaints **
BSE 2015-16 48,871 31
NSE 2015-16 125,828 78
BSE 2014-15 39,827 27
NSE 2014-15 113,810 116
BSE 2013-14 350,332 23
NSE 2013-14 68,328 92
BSE 2012-13 274,423 21
NSE 2012-13 275,515 52
BSE 2011-12 194,476 32
NSE 2011-12 189,129 68

* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.

** The total number of complaint received against the broker at the given exchange.

Useful links about SBI Securities

  1. SBICAP Securities Website:
  2. Email: [email protected]
  3. Phone: 022-30273300
  4. Toll Free: 1800-209-9345 (Private telecom users)
    1800-22-3345 (MTNL / BSNL Users

Enquiry Form

SBICAP Securities Ltd Reviews

86. john ilango  Aug 8, 2016 11:52:42 AM IST Reply
Very poor, not opening many times, not guiding properly - Chennai Thirumangalam branch
85. Joseph  Aug 4, 2016 2:48:08 PM IST Reply
Worst Brokerage firm.. Without your knowledge they ll square of your positions..for example if some stock is moving in the upper circuit. they ll hold all the positions and stop others from selling it.. Meanwhile they ll change your script and make you buy at the highest lever... Never ever go for it.. I am going to file in SEBI OMBUDSMENT on the same.
84. Joseph  Aug 4, 2016 2:45:38 PM IST Reply
All cheaters script... Never ever take it.. you ll be sucked


Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Average
Overall Experience - Very Poor
83. Winston Netto  Jul 29, 2016 10:08:18 AM IST Reply
Trading platform is the worst. Not at all stable system.


Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
82. Himansusekhar sahoo  Jul 26, 2016 11:48:56 PM IST Reply
. what is the best option fundsindia dmat account or sbi dmat account?
Which is more secure?
81. kuljinder singh  Jul 16, 2016 12:17:38 PM IST Reply
It is the most bakwas and...... Brokerage company in the whole universe.. Nasa proved it.
It takes unlimited loans from the companies.and they collecting money from us for their loans...

Pls pls dont open acount . i requested you.
Now finally i switch to zerodha.
80. Vishwa  Jul 3, 2016 6:29:28 PM IST Reply
Very good experience in SBI trading platform as I''m new customer they helped a lot to learn, BANGALORE malleswaram branch support very good


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
79. Irfan  Jun 29, 2016 11:03:08 AM IST Reply
Only brokage charges


Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Average
78. Sandeep Singh  May 12, 2016 6:30:33 PM IST Reply
Brokerage charge is very platform is also not user friendly


Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Average
Overall Experience - Below Average
77. Madhuri  Apr 7, 2016 8:57:43 AM IST Reply
Started using SBi caps a few months ago. Fed up with it completely. Shows trade in my account that I did not do. Had issues with transfer of funds from bank account to trading account. Helpdesk are a group of morons. If you write about any problem to them they will write the same problem back to you saying this is the solution we provide for the problem. So the solution for " why is there an incorrect trade in my account" Answer is " there is a trade in your account" . So why has this happened!!! You just keep on asking them and maybe after wasting about 7-8 trading days they will provide a lame reply and not fix the issue.

I would never recommend this trading platform to any one. You may be luckier than me but I had a really bad experience.

I suggest that please do not risk your money with this portal. I had extremely bad experience.

77.1. abhigyan roy  Apr 17, 2016 9:07:45 PM IST
which trading platformyou use, sbi smart trade express terminal?
77.2. vikas gupta  May 29, 2016 12:39:22 PM IST
I never faced any of ur problems with SBI. It will be better if u use SBI XPRESS terminal instead of SBI SMART.

The only thing I don't like is the brokerage charges. Its much higher but there r some additional benefits as well.
76. Anand  Mar 26, 2016 2:37:43 PM IST Reply
I am NRI and I have NRE account with SBI.
May I start demat with SBI ? After reading all your reviews looks scary.
Or shall I go for Zerodha?
76.1. Forum Modulator  Mar 27, 2016 2:08:42 AM IST
Hi Anand,
We suggest you to go with Zerodha for way better trading platform, customer support and extremely cheap charges.

Thank you, Team
76.2. Joseph  Aug 4, 2016 2:52:03 PM IST
I agree.. Dont go with SBI Securities. Worsttttttttttttt experiences for me.
75. Hitesh  Mar 20, 2016 11:50:29 AM IST Reply
I like sbi


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
74. Dr Madhuri Bagde  Mar 17, 2016 6:36:10 PM IST Reply
More chances to loose money as the website has multiple problems like not allowing trade, unlinking linked funds by itself, hanging, main server problems and a long list so most of the time u are locked in and are helpless if you have initiated a trade and want to square it off. Demat wont display, portfolio wont display and endless issues.
Customer care takes days to resolve any issue even if it can be done by a few clicks of mouse. So your money is entirely at their mercy.

wont recommend it at all.


Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Below Average
73. SURAJ DESAI  Mar 17, 2016 8:26:54 AM IST Reply
Poor services from distribution services no update of HUDDCO TAX FREE BONDS OF listing on 17/03/2016,Brokerage of fd released after two & three months compare to Karma .Karvy Stock broking Ltd fd brokerage released in 15 days.Back office support not proper if any query & our Rm on field no one can take landlines phone & we cant receive reply till next day.
72. Ruskin  Feb 25, 2016 8:48:39 PM IST Reply


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Excellent
Overall Experience - Above Average
71. MUNNA KUMAR YADAV  Feb 9, 2016 9:54:29 AM IST Reply


Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Above Average
70. saroj kumar sahu  Feb 6, 2016 5:35:54 PM IST Reply
Very bad service my client ID 69449984 in sbicap securities
Genuine complaint not consider by authority.
Off line broker advice monopoly.
I complaint against broker Rajiv kumar Kolkata (west Bengal) dated 05/02/16 rejected my off line buying call loss very much to me the case also bring notice of manager pralaya vatachrja and check my telephonc record but not any action taken for my loss his broker. Thank you
69. Dnyaneshwar Raut  Feb 5, 2016 10:42:32 AM IST Reply
Customer Service is very poor,
Brokerage and Yearly Maintenance Fees is low
so i switched to SBI smart from ICICI direct..


Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Above Average
68. Kumar  Feb 4, 2016 12:47:05 PM IST Reply
For my cousin''s, as he is new to trading, I spoke to customer care on his behalf.

On 31-Jan-2016, he''lein'' 50,000 from his SB account into TradingAccount.

On 01-Feb-2016, did intra-day trading in Cash segment.

Unable to place bracket order. Called customer care, they told your account is not enabled for F&O. After repeating that my cash orders also are being rejected, they consulted some technical team and told''we will get back to you''.

I discovered that normal orders in cash segment are going fine, problem is with only bracket orders in Cash and any F&O order.

On 02-Feb-2016, did intra-day trading in Cash segment.

On 03-Feb-2016, tried to do''Payout'', but got''Insufficient amount'' error. Tried''UnLein'', got the same error.

On 04-Feb-2016, today, I spent 3 hours and 7 calls to SBI Trade-on-phone and CustomerCare departments, and spoke to a bunch of useless morons who wasted my time without any positive result whatsoever.

First person tells it that I can submit payout request only after 72 hours from now.

Second person tells that there is an issue with SBI system after their upgrade on 31-Jan-2016.

Third person tell that I''m doing it all wrong.

Fourth person tells that it is a mistake from SBI side, but amount will take 72 hours after last trade to credit, provided I submit a payout request later.

Another person tells that he spoke to accounts department, and agreed to credit amount to the linked savings account by end-of-day 04-Feb-2016.

Worst DEMAT/Trading service provider in India. Please never bank with them.
67. purnima joshi  Jan 1, 2016 9:51:30 PM IST Reply
I have opened SBI cap securities a/c almost 3 months over but I have not received any we''ll come kit or docs for opening of account. Even no one called up for a new customer. The officer who have opened the account is also not cooperating nor I was guided properly. Today I want to trade but don''t know how to prpceed . feeling very DISAPPPOINTED after opening the account. If not getting service in this month..then definitely I am going to close the account by the end of thia month.

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