The side-by-side comparison of SBI Securities and iTradeOnline. Compare SBI Securities Vs iTradeOnline brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best SBI Securities vs iTradeOnline?
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...
iTradeOnline
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 Rs 20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX.
Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
SBI Securities | iTradeOnline | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | BSE, NSE | BSE, NSE, MCX |
Account Type | eZ-trade | Pay Per Trade |
Year of Incorporation | 2001 | |
Number of Branches | 117 | |
Broker Enquiry |
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Enquire SBI Securities | Enquire iTradeOnline |
SBI Securities trading account opening charges is Rs 850 while iTradeOnline account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 350 and iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.
SBI Securities | iTradeOnline | |
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Trading Account Opening Charges | Rs 850 | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 | Regular: Rs 0, Lifetime Free AMC: Rs 1000 |
Demat Account AMC Charges | Rs 350 | Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 |
SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower.
SBI Securities | iTradeOnline | |
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Account Type | eZ-trade | Pay Per Trade |
Fixed Charges | Rs 0 | |
Equity Delivery Brokerage | 0.50% | Rs 20 per executed order or .01% whichever is lower |
Equity Intraday Brokerage | 0.05% | Rs 20 per executed order or .01% whichever is lower |
Equity Futures Brokerage | 0.05% | Rs 20 per executed order or .01% whichever is lower |
Equity Options Brokerage | Rs 100 per lot | Rs 20 per executed order or .01% whichever is lower |
Currency Futures Trading Brokerage | 0.03% | Rs 20 per executed order or .01% whichever is lower |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 20 per executed order or .01% whichever is lower |
Commodity Futures Trading Brokerage | NA | Rs 20 per executed order or .01% whichever is lower |
Commodity Options Trading Brokerage | NA | |
Special Offer | Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback |
Minimum Brokerage Charges | Rs 0.05 for Cash, Rs 0.01 Future | Rs 0 (No Minimum Brokerage) |
Other Brokerage Charges | Physical contact notes: Rs 20 | |
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 iTradeOnline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
SBI Securities | iTradeOnline | |
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Equity Delivery | NSE: 0.00386% | BSE: 0.00384% | NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) |
Equity Intraday | NSE: 0.00386% | BSE: 0.00384% | NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) |
Equity Futures | NSE: 0.002206% (Rs 221/Crore) | NSE Rs 190 per crore (0.0019%) |
Equity Options | NSE: 0.05515% (Rs 5515/Crore) | NSE Rs 5000 per crore (0.05%) |
Currency Futures | 0.002206% | NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%) |
Currency Options | NSE: 0.05515% (Rs 5515/Crore) | NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500 |
Commodity | MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%) | |
Enquire SBI Securities | Enquire iTradeOnline |
SBI Securities provides the margin of Upto 5x for intraday trades whereas the iTradeOnline margin for intraday cash is Upto 20x (based on the stock).
SBI Securities | iTradeOnline | |
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Equity Delivery | 2x with Intrest | Upto 5x (based on the stock) |
Equity Intraday | Upto 5x | Upto 20x (based on the stock) |
Equity Futures | Nil | Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Equity Options | Nil | Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Currency Futures | Nil | Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Currency Options | Nil | Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Commodity Futures | NA | Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span |
Commodity Options | Intraday - 100%(1x), Carry forward - 100%(1x) of Span | |
Enquire SBI Securities | Enquire iTradeOnline |
The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. iTradeOnline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.
SBI Securities | iTradeOnline | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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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 | ||
Enquire SBI Securities | Enquire iTradeOnline |
SBI Securities is rated 2.6 of 5 based on 140 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.
SBI Securities | iTradeOnline | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire SBI Securities | Enquire iTradeOnline |
SBI Securities | iTradeOnline | |
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Cons |
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Reviews | ||
Promo / Offers | Lifetime FREE AMC Demat Account - 50% OffGet 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening. This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you. |
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Enquire SBI Securities | Enquire iTradeOnline |
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