Indiabulls Vs SBI Securities (Compare Indiabulls and SBI Securities)
The side-by-side comparison of Indiabulls and SBI Securities. Compare Indiabulls Vs SBI Securities brokerage, charges, exposure margin, demat account. Read SBI Securities and Indiabulls review.
Find out Indiabulls Vs SBI Securities which is better and Indiabulls Vs SBI Securities which is best.
Our Indiabulls Ventures Limited comparison with SBICAP Securities Ltd highlights the major differences between two brokers. Find the best between Indiabulls and SBI Securities.
Indiabulls Vs SBI Securities
Indiabulls
SBI Securities
Find more info about broker
About the Broker
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero ...
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Deri...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
BSE, NSE and MCX
BSE, NSE
Account Type
Equity Unlimited Trade
eZ-trade
Broker Enquiry
Year of Incorporation
2000
2001
Number of Branches
18
117
Enquire Indiabulls
Enquire SBI Securities
Indiabulls Vs SBI Securities Charges
Indiabulls
SBI Securities
Trading Account Opening Fees
₹500
₹850
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹450
₹350
Demat Account is Mandatory?
No
No
Indiabulls Vs SBI Securities Brokerage
Brokerage Plan 1
Indiabulls
SBI Securities
Account Type
Equity Unlimited Trade
eZ-trade
Fixed Charges
₹1000
Equity Delivery Brokerage
₹0 (Free)
0.50%
Equity Intraday Brokerage
₹0 (Free)
0.05%
Equity Futures Brokerage
₹15 per trade
0.05%
Equity Options Brokerage
₹15 per trade
₹100 per lot
Currency Futures Trading Brokerage
₹15 per trade
0.03%
Currency Options Trading Brokerage
₹15 per trade
₹30 per lot
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
0.03%
NA
Special Offer
Special Offer: FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer
Brokerage Plan 2
Indiabulls
SBI Securities
Account Type
F&O Unlimited Trade
eZ-trade
Fixed Charges
₹1000
Equity Delivery Brokerage
₹15 per trade
0.50%
Equity Intraday Brokerage
₹15 per trade
0.05%
Equity Futures Brokerage
₹0 (Free)
0.05%
Equity Options Brokerage
₹0 (Free)
₹100 per lot
Currency Futures Trading Brokerage
₹0 (Free)
0.03%
Currency Options Trading Brokerage
₹0 (Free)
₹30 per lot
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
0.03%
NA
Brokerage Plan 3
Indiabulls
SBI Securities
Account Type
Base Plan
eZ-trade
Fixed Charges
NA
Equity Delivery Brokerage
₹0 (Free)
0.50%
Equity Intraday Brokerage
₹15 per executed order
0.05%
Equity Futures Brokerage
₹15 per executed order
0.05%
Equity Options Brokerage
₹15 per executed order
₹100 per lot
Currency Futures Trading Brokerage
₹15 per executed order
0.03%
Currency Options Trading Brokerage
₹15 per executed order
₹30 per lot
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
0.03%
NA
Other Charges
Minimum Brokerage Charges
₹0 (Unlimited Plan), ₹15 (Per Trade Plan)
₹0.05 for Cash, ₹0.01 Future
Other Brokerage Charges
Call & Trade Charges
₹0 (Free)
₹10 per call (after 30 free calls a month)
Indiabulls Vs SBI Securities Taxes
Indiabulls
SBI Securities
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Indiabulls Vs SBI Securities Transaction Charges
Indiabulls
SBI Securities
Equity Delivery
₹325 per crore (0.00325%)
NSE: 0.00386% | BSE: 0.00384%
Equity Intraday
₹325 per crore (0.00325%)
NSE: 0.00386% | BSE: 0.00384%
Equity Futures
₹250 per crore (0.0025%)
NSE: 0.002206% (₹221/Crore)
Equity Options
₹5500 per crore (on premium) (0.055%)
NSE: 0.05515% (₹5515/Crore)
Currency Futures
₹250 per crore (0.0025%)
0.002206%
Currency Options
₹5500 per crore (on premium) (0.055%)
NSE: 0.05515% (₹5515/Crore)
Commodity
Indiabulls Vs SBI Securities Exposure Margin
Indiabulls
SBI Securities
Equity Delivery
1x (no margin)
2x with Intrest
Equity Intraday
Up to 5x (based on the stock)
Upto 5x
Equity Futures
Intra-day: 4x | Carry forward: 1x (no margin)
Nil
Equity Options
Intra-day: 4x | Carry forward: 1x
Nil
Currency Futures
Intra-day: 2x | Carry forward: 1x
Nil
Currency Options
Intra-day: 2x | Carry forward: 1x
Nil
Commodity Futures
NA
NA
Commodity Options
NA
Indiabulls and SBI Securities Feature Comparison
Indiabulls
SBI Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)
SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time
2:45 PM
Other Features
Live News, World market summary
Referral Program
Indiabulls Vs SBI Securities Review
Indiabulls
SBI Securities
45 Customer Reviews
130 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Indiabulls is Rated 3.2 / 5 based on 45 customer reviews SBI Securities is Rated 2.6 / 5 based on 130 customer reviews
Indiabulls Vs SBI Securities Investment Options
Indiabulls
SBI Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Indiabulls Vs SBI Securities Customer Service
Indiabulls
SBI Securities
24/7 Customer Service
Onine Live Chat
Through Branches
Indiabulls Vs SBI Securities Order Type Offered
Indiabulls
SBI Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Indiabulls Vs SBI Securities Research Report
Indiabulls
SBI Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Indiabulls Vs SBI Securities Suitable For Investor Type
Indiabulls
SBI Securities
Casual Investor
Active Investor
Trader
Indiabulls Vs SBI Securities - Advantages and Disadvantages
Indiabulls
SBI Securities
Pros
Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
Interest-free Margin Funding in Unlimited Trading plan.
Margin funding is available at a low cost of 12% per annum in ₹15/trade plan.
Free trading software.
Free research reports and trading tips to all the customers.
Years of experience, trust and good track record in stock broker business.
More Advantages...
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.
More Advantages...
Cons
Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App.
Local branch support is not available to online customers.
Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans.
Margin against share is not available in Unlimited Trading Plans.
More Disadvantages...
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.
More Disadvantages...
Reviews
Promo / Offers
Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived) Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.
Get this limited time offer
Zerodha
Zero Account Opening Fee