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
Supported Exchnages	BSE, NSE	BSE, NSE, MCX
Account Type	eZ-trade	Standard
Year of Incorporation	2001	2013
Number of Branches	117	1
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SBI Securities Vs Finvasia Charges & AMC

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

	SBI Securities	Finvasia
Trading Account Opening Charges	₹850	₹0 (Free)
Trading Account AMC Charges	₹0	₹0 (Free)
Demat Account Opening Charges	₹0	₹0 (Free)
Demat Account AMC Charges	₹350	₹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 ₹0 and intraday is ₹0.

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

SBI Securities Charges Vs Finvasia

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

SBI Securities Vs Finvasia Transaction Charges

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

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

SBI Securities provides the margin of Upto 5x for intraday trades whereas the Finvasia margin for intraday cash is up to 10x.

	SBI Securities	Finvasia
Equity Delivery	2x with Intrest	1x
Equity Intraday	Upto 5x	up to 10x
Equity Futures	Nil	2x
Equity Options	Nil	1x
Currency Futures	Nil	1x
Currency Options	Nil	1x
Commodity Futures	NA	2x
Commodity Options		1x
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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
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	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 133 customer reviews whereas Finvasia is rated 4.6 of 5 based on 17 customer reviews.

	SBI Securities	Finvasia
	133 Customer Reviews	17 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SBI Securities is rated 2.6 of 5 based on 133 customer reviews	Finvasia is rated 4.6 of 5 based on 17 customer reviews

SBI Securities Vs Finvasia Investment Options

	SBI Securities	Finvasia
Stock / Equity
Commodity
Currency
Initial Public Offers (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)
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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 - Advantages and Disadvantages

	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. More Advantages...	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. More Advantages...
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. More Disadvantages...	Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises. Doesn't offer a 3-in-1 account. Doesn't offer margin funding. The company is planning to launch this service in future. Leverage offered is on the lower side in comparison with other discount brokers. NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees. GTC orders are not available at NSE and BSE. More Disadvantages...
Reviews
Promo / Offers
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