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Edelweiss
5Paisa
IIFL Sec
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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... 
Choice Broking
Incorporated in 2010, Choice Equity Broking Pvt. Ltd (commonly known as Choice Broking) is a Mumbai-based full-service stockbroking firm. Choice broking is a subsidiary of a publicly listed financial services firm named 'Choice International Limited' that was formed in 1993.
Choice Broking offers online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, wealth management, Portfolio management, Insuran...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 2010, Choice Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, ICDEX. It has 50 branches across India.
| SBI Securities | Choice Broking | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX, NCDEX, ICDEX |
| Year of Incorporation | 2001 | 2010 |
| Number of Branches | 117 | 50 |
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| Enquire SBI Securities | Enquire Choice Broking |
SBI Securities trading account opening charges is Rs 850 while Choice Broking account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 350 and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).
| SBI Securities | Choice Broking | |
|---|---|---|
| Trading Account Opening Charges | Rs 850 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 350 | Rs 200 or as per plan. (1st year AMC free) |
SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.
| SBI Securities | Choice Broking | |
|---|---|---|
| Account Type | eZ-trade | Standard Plan |
| Fixed Charges | ||
| Equity Delivery | 0.50% | 0.20% |
| Equity Intraday | 0.05% | 0.02% |
| Equity Futures | 0.05% | 0.02% |
| Equity Options | Rs 100 per lot | Rs 25 per lot |
| Currency Futures | 0.03% | 0.02% |
| Currency Options | Rs 30 per lot | Rs 20 per lot |
| Commodity Futures | NA | 0.02% |
| Commodity Options | NA | Rs 50 per lot |
| Special Offer |
| 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) | Rs 0 (Free) |
SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
| SBI Securities | Choice Broking | |
|---|---|---|
| Equity Delivery | NSE: 0.00386% | BSE: 0.00384% | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
| Equity Intraday | NSE: 0.00386% | BSE: 0.00384% | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
| Equity Futures | NSE: 0.002206% (Rs 221/Crore) | NSE Rs 240 per crore (0.0024%) |
| Equity Options | NSE: 0.05515% (Rs 5515/Crore) | NSE Rs 5000 per crore (0.05%) |
| Currency Futures | 0.002206% | NSE Rs 90 per crore (0.0009%) |
| Currency Options | NSE: 0.05515% (Rs 5515/Crore) | NSE Rs 4000 per crore (0.04%) |
| Commodity | Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%) | |
| Enquire SBI Securities | Enquire Choice Broking |
SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Choice Broking margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| SBI Securities | Choice Broking | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Enquire SBI Securities | Enquire Choice Broking |
The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. Choice Broking offers Jiffy trading software.
| SBI Securities | Choice Broking | |
|---|---|---|
| 3 in 1 Account |  |
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| Trading Platform | SBI Smart Express, SBI Smart Web, SBI Smart Mobile | Jiffy |
| Intraday Square-off Time | 2:45 PM | 3:15 PM |
| Other Features | ||
| Referral Program | |
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| Enquire SBI Securities | Enquire Choice Broking |
SBI Securities is rated 2.6 of 5 based on 146 customer reviews whereas Choice Broking is rated 4.1 of 5 based on 7 customer reviews.
| SBI Securities | Choice Broking | |
|---|---|---|
146 Customer Reviews  |
7 Customer Reviews |
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| Broker Rating | SBI Securities is rated 2.6 of 5 based on 146 customer reviews | Choice Broking is rated 4.1 of 5 based on 7 customer reviews |
| SBI Securities Enquire | Choice Broking Enquire | |
|---|---|---|
| Contact Broker | Leave your contact information and we will get in touch with you.... | Leave your contact information and we will get in touch with you.... |
| SBI Securities | Choice Broking | |
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| Other Investment Options | Portfolio Management Services, Insurance |
| SBI Securities | Choice Broking | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Good Till Cancelled (GTC) | |
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| Enquire SBI Securities | Enquire Choice Broking |
| SBI Securities | Choice Broking | |
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| Daily Market Report | |
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| SBI Securities | Choice Broking | |
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| SBI Securities | Choice Broking | |
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| Reviews | Choice Equity Broking Private Limited, commonly known as Choice Broking , is a Mumbai based full-service broker incorporated in 2010 offering online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, Margin Trading Facility, wealth management, Portfolio management, Insurance, and Loan against share. The company offers 2-in-1 account opening services and has a depository membership with CDSL and NSDL and is a member of NSE, BSE, MCX, NCDEX, and ICEX. The company has a proprietary trading platform (Jiffy) available on the website, Android, and iOS. |
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| Promo / Offers | ||
| Enquire SBI Securities | Enquire Choice Broking |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Contact SBI Securities
