Chittorgarh.com
Free Trading + Demat Account

SBI Securities Vs iTradeOnline (Compare SBI Securities and iTradeOnline)

The side-by-side comparison of SBI Securities and iTradeOnline. Compare SBI Securities Vs iTradeOnline brokerage, charges, exposure margin, demat account. Read iTradeOnline and SBI Securities review.

Find out SBI Securities Vs iTradeOnline which is better and SBI Securities Vs iTradeOnline which is best.

Our SBICAP Securities Ltd comparison with iTradeOnline by Trustline highlights the major differences between two brokers. Find the best between SBI Securities and iTradeOnline.

Expand

SBI Securities Vs iTradeOnline

  SBICAP Securities Ltd iTradeOnline by Trustline
 
SBICAP Securities Ltd Logo iTradeOnline by Trustline Logo
About the Broker SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd. Services offered by SBICAP includes Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services and E-Broking. They also provide online trading ... Know more about SBICAP Securities Ltd iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of ₹20 per executed order or 0.01% whichever is lower. The same lo... Know more about iTradeOnline by Trustline
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX
Account Type eZ-trade Pay Per Trade
Broker Enquiry Open an Online Trading Account with SBI Securities. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
Expand

SBI Securities Vs iTradeOnline Charges

  SBICAP Securities Ltd iTradeOnline by Trustline
Trading Account Opening Fees ₹850 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC ₹350 Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Demat Account is Mandatory? No No
Expand

SBI Securities Vs iTradeOnline Brokerage

Brokerage Plan 1

  SBICAP Securities Ltd iTradeOnline by Trustline
Account Type eZ-trade Pay Per Trade
Fixed Charges
Equity Delivery Brokerage 0.50% ₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage 0.05% ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.05% ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹100 per lot ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage 0.03% ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage Rs 30 per lot ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage NA ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges ₹0.05 for Cash, ₹0.01 Future ₹0 (No Minimum Brokerage)
Other Brokerage Charges Physical contact notes: ₹20
Call & Trade Charges ₹10 per call (after 30 free calls a month) ₹0 (Free)
Expand

SBI Securities Vs iTradeOnline Taxes

  SBICAP Securities Ltd iTradeOnline by Trustline
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
Expand

SBI Securities Vs iTradeOnline Transaction Charges

  SBICAP Securities Ltd iTradeOnline by Trustline
Equity Delivery NSE: 0.00386% | BSE: 0.00384% NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday NSE: 0.00386% | BSE: 0.00384% NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures NSE: 0.002206% (₹221/Crore) NSE ₹190 per crore (0.0019%)
Equity Options NSE: 0.05515% (₹5515/Crore) NSE ₹5000 per crore (0.05%)
Currency Futures 0.002206% NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options NSE: 0.05515% (₹5515/Crore) NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
Expand

SBI Securities Vs iTradeOnline Exposure Margin

  SBICAP Securities Ltd iTradeOnline by Trustline
Equity Delivery 2x with Intrest 1x (100% Margin Required)
Equity Intraday Upto 5x Up to 20x
Equity Futures Nil NSE: 2x
Equity Options Nil NSE: 2x
Currency Futures Nil NSE: 2x
Currency Options Nil NSE: 2x
Commodity NA MCX Futures: 8x
Expand

SBI Securities and iTradeOnline Feature Comparison

  SBICAP Securities Ltd iTradeOnline by Trustline
3 in 1 Account Yes No
Charting No Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform SBI Smart Express, SBI Smart Web, SBI Smart Mobile Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time 2:45 PM Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program
Expand

SBI Securities Vs iTradeOnline Review

  SBICAP Securities Ltd iTradeOnline by Trustline
  126 Customer Reviews    Rate SBI Securities 6 Customer Reviews    Rate iTradeOnline
Fees Ratings 3.2 4.2
Trading Brokerage Rating 2.8 4.7
Trading Platform Usability 2.7 4.0
Customer Service Ratings 2.8 4.2
Overall Ratings Rated 2.6 stars Rated 4.3 stars
Broker Rating SBI Securities is Rated 2.6 / 5 based on 126 customer reviews iTradeOnline is Rated 4.3 / 5 based on 6 customer reviews
Expand

Contact Broker / Request A Call Back

  SBICAP Securities Ltd iTradeOnline by Trustline
Contact / Request Call Back
Expand

SBI Securities Vs iTradeOnline Investment Options

  SBICAP Securities Ltd iTradeOnline by Trustline
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Insurance, Wealth Management
Expand

SBI Securities Vs iTradeOnline Customer Service

  SBICAP Securities Ltd iTradeOnline by Trustline
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
Expand

SBI Securities Vs iTradeOnline Order Type Offered

  SBICAP Securities Ltd iTradeOnline by Trustline
Bracket Order No
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No
Good Till Cancelled (GTC) No
Expand

SBI Securities Vs iTradeOnline Research Report

  SBICAP Securities Ltd iTradeOnline by Trustline
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

SBI Securities Vs iTradeOnline Suitable For Investor Type

  SBICAP Securities Ltd iTradeOnline by Trustline
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

SBI Securities Vs iTradeOnline - Advantages and Disadvantages

  SBICAP Securities Ltd iTradeOnline by Trustline
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...

  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Research based fundamental and technical analysis available to all the customers.
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.

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...

  • Separate account needed for Mutual Funds investment.
  • For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API's are now available.
  • Opening demat account along with the trading account is mandatory.
  • No extra charge for intraday or expiry positions closed by the broker.

More Disadvantages...

Reviews
Promo / Offers

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.

Enquire about SBI Securities
Compare More Brokers



Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App