SBI Securities Vs Finvasia (Compare SBI Securities and Finvasia)


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


Finvasia
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt Ltd

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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
Open an Online Trading Account with SBI Securities.Open an Online Trading Account with Finvasia.
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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)
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SBI Securities Vs Finvasia Brokerage Charges & Plans

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
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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%)
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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)
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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 Yes No
Charting No Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
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
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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    Rate SBI Securities 40 Customer Reviews    Rate Finvasia
Fees 3.2 4.7
Brokerage 2.8 4.9
Trading Platform 2.6 3.6
Customer Service 2.8 4.5
Research Capabilities 2.6 2.9
Overall Ratings Rated 2.6 stars Rated 4.6 stars
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
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Contact Broker / Request A Call Back

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SBI Securities Vs Finvasia Investment Options

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

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

  SBI Securities Finvasia
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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SBI Securities Vs Finvasia Suitable For Investor Type

  SBI Securities Finvasia
Casual Investor Yes
Active Investor Yes
Trader Yes
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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.
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