Beeline Vs SBI Securities (Compare Beeline and SBI Securities)

Beeline Vs SBI Securities

Incorporated in , Beeline is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.

	Beeline	SBI Securities
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE
Year of Incorporation		2001
Number of Branches		117
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Beeline Vs SBI Securities Charges & AMC

Beeline trading account opening charges is Nil while SBI Securities account opening changes is Rs 850. Beeline Demat Account AMC Charges is Zero AMC with one time Rs 876 fee and SBI Securities Demat Account AMC Charges is Rs 350.

	Beeline	SBI Securities
Trading Account Opening Charges	Nil	Rs 850
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 0
Demat Account AMC Charges	Zero AMC with one time Rs 876 fee	Rs 350

Beeline Vs SBI Securities Brokerage

Beeline brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

	Beeline	SBI Securities
Account Type	Discount Brokerage Plan	eZ-trade
Fixed Charges	NA
Equity Delivery	Rs 18 per executed order	0.50%
Equity Intraday	Rs 18 per executed order	0.05%
Equity Futures	Rs 18 per executed order	0.05%
Equity Options	Rs 18 per executed order	Rs 100 per lot
Currency Futures	Rs 18 per executed order	0.03%
Currency Options	Rs 18 per executed order	Rs 30 per lot
Commodity Futures	Rs 18 per executed order	NA
Commodity Options		NA
Special Offer

Beeline Vs SBI Securities Brokerage Plan 2

	Beeline	SBI Securities
Account Type	Traditional Brokerage Plan	eZ-trade
Fixed Charges	NA
Equity Delivery	As per margin	0.50%
Equity Intraday	As per margin	0.05%
Equity Futures	As per margin	0.05%
Equity Options	As per margin	Rs 100 per lot
Currency Futures	As per margin	0.03%
Currency Options	As per margin	Rs 30 per lot
Commodity Futures	As per margin	NA
Commodity Options		NA
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Beeline Charges Vs SBI Securities

Minimum Brokerage	Rs 18 per executed order	Rs 0.05 for Cash, Rs 0.01 Future
Other Charges	Software Charges at Rs 150 per segment
Call & Trade Charges	Rs 20 per executed order	Rs 10 per call (after 30 free calls a month)

Beeline Vs SBI Securities Transaction Charges

Beeline transaction charges for options is NSE Rs 5600 per Cr (0.056%) while SBI Securities exchange transaction charges for options is NSE: 0.05515% (Rs 5515/Crore).

	Beeline	SBI Securities
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE: 0.00386% | BSE: 0.00384%
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE: 0.00386% | BSE: 0.00384%
Equity Futures	NSE Rs 215 per Cr (0.00215%)	NSE: 0.002206% (Rs 221/Crore)
Equity Options	NSE Rs 5600 per Cr (0.056%)	NSE: 0.05515% (Rs 5515/Crore)
Currency Futures	NSE Rs 135 per Cr (0.00135%)	0.002206%
Currency Options	NSE Rs 4600 per Cr (0.046%)	NSE: 0.05515% (Rs 5515/Crore)
Commodity	MCX Rs 260 per Cr (0.0026%)| NCDEX Rs 400 per Cr (0.004%)
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Beeline Vs SBI Securities Leverage (Margin)

Beeline margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the SBI Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Beeline	SBI Securities
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Beeline and SBI Securities Features

The trading platforms offered Beeline include NSE Now, ODIN (My Armour). SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.

	Beeline	SBI Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	NSE Now, ODIN (My Armour)	SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time	3:15 PM	2:45 PM
Other Features
Referral Program
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Beeline Vs SBI Securities Review

Beeline is rated 4.0 of 5 based on 2 customer reviews whereas SBI Securities is rated 2.6 of 5 based on 145 customer reviews.

	Beeline	SBI Securities
	2 Customer Reviews	145 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Beeline is rated 4.0 of 5 based on 2 customer reviews	SBI Securities is rated 2.6 of 5 based on 145 customer reviews

Beeline Vs SBI Securities Investment Options

	Beeline	SBI Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

Beeline Vs SBI Securities Order Type Offered

	Beeline	SBI Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Beeline Vs SBI Securities Research Report

	Beeline	SBI Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Beeline Vs SBI Securities Suitable For Investor Type

	Beeline	SBI Securities
Casual Investor
Active Investor
Trader

Beeline Vs SBI Securities - Pros and Cons

	Beeline	SBI Securities
Pros	Online Discount Stock and Commodity Broker. Brokerage Fee: Flat Rs 18 per executed order in Eq F&O, Curr F&O and Commodity Futures. Rs 0 AMC Demat account when paid Rs 876 one time fee. NSE Now and ODIN trading software. Dedicated relationship managers are available.	Offer 3-in-1 account for seamless transactions. Full-service broker offering services online as well as through branches. Wide range of investment options. Free research reports are available.
Cons	Software uses changes at Rs 150 per segment. Call & Trade is not free. It is charged at Rs 20 per order. Unlike Zerodha and RKSV, Beeline doesn't have its own trading platform. Doesn't offer local customer service as it doesn't have branch offices.	Installable Trading Terminal (exe) is not available for frequent traders. Good Till Cancelled (GTC) orders are not available. Very high brokerage. Commodity (MCX) trading is not available.
Reviews	Beeline Broking is India based broker engaged in stock and commodity trading. Beeline is a discount stock broker offering flat rate (Rs 18 per executed order) brokerage plan. Beeline offers industry standard NSE NOW and ODIN trading platform. Beeline also offer depository services (demat account) and online insurances. Beeline is based in Ahmadabad, Gujarat.
Promo / Offers
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