SBI Securities Vs Finvasia (Compare SBI Securities and Finvasia)

SBI Securities Vs Finvasia

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	SBI Securities	Finvasia
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2001	2013
Number of Branches	117	1
	Enquire SBI Securities	Enquire Finvasia

SBI Securities Vs Finvasia Charges & AMC

SBI Securities trading account opening charges is Rs 850 while Finvasia account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 350 and Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC).

	SBI Securities	Finvasia
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 0 per year (Lifetime Zero AMC)

SBI Securities Vs Finvasia Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0.

	SBI Securities	Finvasia
Account Type	eZ-trade	Standard
Fixed Charges		NA
Equity Delivery	0.50%	Rs 0
Equity Intraday	0.05%	Rs 0
Equity Futures	0.05%	Rs 0
Equity Options	Rs 100 per lot	Rs 0
Currency Futures	0.03%	Rs 0
Currency Options	Rs 30 per lot	Rs 0
Commodity Futures	NA	Rs 0
Commodity Options	NA	Rs 0
Special Offer

SBI Securities Charges Vs Finvasia

Minimum Brokerage	Rs 0.05 for Cash, Rs 0.01 Future	Rs 0
Other Charges		Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges	Rs 10 per call (after 30 free calls a month)	Rs 0

SBI Securities Vs Finvasia Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while Finvasia exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

	SBI Securities	Finvasia
Equity Delivery	NSE: 0.00386% | BSE: 0.00384%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday	NSE: 0.00386% | BSE: 0.00384%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Futures	NSE: 0.002206% (Rs 221/Crore)	NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options	NSE: 0.05515% (Rs 5515/Crore)	Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	0.002206%	Rs 115 per Cr (0.00115%)
Currency Options	NSE: 0.05515% (Rs 5515/Crore)	Rs 4000 per Cr (0.04%) (on premium)
Commodity		Rs 260 per Cr (0.0026%)
	Enquire SBI Securities	Enquire Finvasia

SBI Securities Vs Finvasia 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 Finvasia 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	Finvasia
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)
	Enquire SBI Securities	Enquire Finvasia

Compare SBI Securities and Finvasia Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

	SBI Securities	Finvasia
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	SBI Smart Express, SBI Smart Web, SBI Smart Mobile	Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time	2:45 PM	3:15 PM
Other Features		Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
	Enquire SBI Securities	Enquire Finvasia

SBI Securities Vs Finvasia Review

SBI Securities is rated 2.6 of 5 based on 145 customer reviews whereas Finvasia is rated 4.6 of 5 based on 40 customer reviews.

	SBI Securities	Finvasia
	145 Customer Reviews	40 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SBI Securities is rated 2.6 of 5 based on 145 customer reviews	Finvasia is rated 4.6 of 5 based on 40 customer reviews

SBI Securities Vs Finvasia Investment Options

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

SBI Securities Vs Finvasia Order Type Offered

	SBI Securities	Finvasia
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire SBI Securities	Enquire Finvasia

SBI Securities Vs Finvasia Research Report

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

SBI Securities Vs Finvasia Suitable For Investor Type

	SBI Securities	Finvasia
Casual Investor
Active Investor
Trader

SBI Securities Vs Finvasia - Pros and Cons

	SBI Securities	Finvasia
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.	Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform. Doesn't charge any trade clearing charges. A variety of trading platforms are available for the trader to choose from. Provides trading API and support Algo trading tools. Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients. Call & trade is available for free to all the customers. GTC orders are available in MCX.
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.	Scalpter, the web-based trading platform has only 1 min charting frame. Bracket orders are chargeable. NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees. GTC orders are not available at NSE and BSE. Finvasia is an online stock broker. It doesn't have branch offices. Doesn't offer a 3-in-1 account. Doesn't offer margin funding. Leverage offered is on the lower side in comparison with other discount brokers.
Reviews
Promo / Offers
	Enquire SBI Securities	Enquire Finvasia