SBI Securities Vs Anand Rathi (Compare SBI Securities and Anand Rathi)


SBI Securities
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, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders. SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians a... Know more about SBICAP Securities Ltd


Anand Rathi
Incorporated in 1994, Anand Rathi is Mumbai, India based firm engaged in financial and advisory services which includes wealth management, investment banking, corporate advisory, brokerage & distribution of equities, commodities, mutual funds and insurance. Anand Rathi is a full service broker offering brokerage services to retail and institutional customers. Anand Rathi has a presence in India as well as internationally through offices in Dubai and Bangkok. Anand Rathi has network of 350+ br... Know more about Anand Rathi

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SBI Securities Vs Anand Rathi

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX & NSEL. It has 1200 branches across India.

  SBI Securities Anand Rathi
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE NSE, BSE, MCX, NCDEX & NSEL
Year of Incorporation 2001 1994
Number of Branches 117 1200
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SBI Securities Vs Anand Rathi Charges & AMC

SBI Securities trading account opening charges is Rs 850 while Anand Rathi account opening changes is Rs 750. SBI Securities Demat Account AMC Charges is Rs 350 and Anand Rathi Demat Account AMC Charges is Rs 299 from second year onward.

  SBI Securities Anand Rathi
Trading Account Opening Charges Rs 850 Rs 750
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 550
Demat Account AMC Charges Rs 350 Rs 299 from second year onward
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SBI Securities Vs Anand Rathi Brokerage Charges & Plans

SBI Securities Vs Anand Rathi Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015%.

  SBI Securities Anand Rathi
Account Type eZ-trade Standard Plan
Fixed Charges NA
Equity Delivery 0.50% 0.5% - 0.15%
Equity Intraday 0.05% 0.05% -0.015%
Equity Futures 0.05% 0.05% - 0.015%
Equity Options Rs 100 per lot Rs 75 to Rs 20
Currency Futures 0.03% 0.05% - 0.015%
Currency Options Rs 30 per lot Rs 75 to Rs 20
Commodity Futures NA 0.008% - 0.05%
Commodity Options NA
Special Offer

SBI Securities Charges Vs Anand Rathi

Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future
Other Charges
Call & Trade Charges Rs 10 per call (after 30 free calls a month)
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SBI Securities Vs Anand Rathi Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while Anand Rathi exchange transaction charges for options is Rs 7000 per Cr (0.07%).

  SBI Securities Anand Rathi
Equity Delivery NSE: 0.00386% | BSE: 0.00384% NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)
Equity Intraday NSE: 0.00386% | BSE: 0.00384% NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)
Equity Futures NSE: 0.002206% (Rs 221/Crore) NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side)
Equity Options NSE: 0.05515% (Rs 5515/Crore) Rs 7000 per Cr (0.07%)
Currency Futures 0.002206% Rs 350 per Cr (0.0035%)
Currency Options NSE: 0.05515% (Rs 5515/Crore) Rs 7000 per Cr (0.07%)
Commodity Rs 350 per Cr (0.0035%)
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SBI Securities Vs Anand Rathi Leverage (Margin)

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

  SBI Securities Anand Rathi
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 SBI Securities and Anand Rathi Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. Anand Rathi offers Trade X trading software.

  SBI Securities Anand Rathi
3 in 1 Account Yes No
Charting No Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform SBI Smart Express, SBI Smart Web, SBI Smart Mobile Trade X
Intraday Square-off Time 2:45 PM
Other Features
Referral Program
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SBI Securities Vs Anand Rathi Review

SBI Securities is rated 2.6 of 5 based on 145 customer reviews whereas Anand Rathi is rated 3.1 of 5 based on 14 customer reviews.

  SBI Securities Anand Rathi
  145 Customer Reviews    Rate SBI Securities 14 Customer Reviews    Rate Anand Rathi
Fees 3.2 3.2
Brokerage 2.8 3.2
Trading Platform 2.6 3.0
Customer Service 2.8 3.4
Research Capabilities 2.6 3.5
Overall Ratings Rated 2.6 stars Rated 3.1 stars
Broker Rating SBI Securities is rated 2.6 of 5 based on 145 customer reviews Anand Rathi is rated 3.1 of 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

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SBI Securities Vs Anand Rathi Investment Options

  SBI Securities Anand Rathi
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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SBI Securities Vs Anand Rathi Order Type Offered

  SBI Securities Anand Rathi
Bracket Order No No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No No
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SBI Securities Vs Anand Rathi Research Report

  SBI Securities Anand Rathi
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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SBI Securities Vs Anand Rathi Suitable For Investor Type

  SBI Securities Anand Rathi
Casual Investor Yes
Active Investor Yes
Trader
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SBI Securities Vs Anand Rathi - Pros and Cons

  SBI Securities Anand Rathi
Pros
  • 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.
  1. They have 200 branches for extensive reach.
  2. call & trade is also available.
  3. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
  4. Trading is available in both BSE and NSE.
  5. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
Cons
  • 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.
  1. AnandRathi brokerage is high and not negotiable.
  2. They don't offer 3 in 1 account.
  3. There are some extra charges for their featured products.
Reviews
Promo / Offers
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