SBI Securities Vs Karvy (Compare SBI Securities and Karvy)

SBI Securities Vs Karvy

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India.

	SBI Securities	Karvy
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE	BSE, NSE, MCX
Account Type	eZ-trade	Retail Brokerage Plan
Year of Incorporation	2001	1985
Number of Branches	117	575
Broker Enquiry

SBI Securities Vs Karvy Charges & AMC

SBI Securities trading account opening charges is Rs 850 while Karvy account opening changes is Rs 650. SBI Securities Demat Account AMC Charges is Rs 350 and Karvy Demat Account AMC Charges is Rs 420.

	SBI Securities	Karvy
Trading Account Opening Charges	Rs 850	Rs 650
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 350	Rs 420

SBI Securities Vs Karvy Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.

	SBI Securities	Karvy
Account Type	eZ-trade	Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	0.50%	0.3%
Equity Intraday Brokerage	0.05%	0.03%
Equity Futures Brokerage	0.05%	0.03%
Equity Options Brokerage	Rs 100 per lot	Rs 30 per lot
Currency Futures Trading Brokerage	0.03%	0.03%
Currency Options Trading Brokerage	Rs 30 per lot	Rs 30 per lot
Commodity Futures Trading Brokerage	NA	0.03%
Commodity Options Trading Brokerage	NA	Rs 30 per lot
Special Offer

SBI Securities Vs Karvy Brokerage Plan 2

	SBI Securities	Karvy
Account Type	eZ-trade	Premium Subscription Plan of 100000
Fixed Charges		Rs 100,000 per year
Equity Delivery Brokerage	0.50%	0.1%
Equity Intraday Brokerage	0.05%	0.01%
Equity Futures Brokerage	0.05%	0.01%
Equity Options Brokerage	Rs 100 per lot	Rs 10 per lot
Currency Futures Trading Brokerage	0.03%	0.01%
Currency Options Trading Brokerage	Rs 30 per lot	Rs 10 per lot
Commodity Futures Trading Brokerage	NA	0.01%
Commodity Options Trading Brokerage	NA	Rs 10 per lot

SBI Securities Charges Vs Karvy

Minimum Brokerage Charges	Rs 0.05 for Cash, Rs 0.01 Future	Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges	Rs 10 per call (after 30 free calls a month)

SBI Securities Vs Karvy Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while Karvy exchange transaction charges for options is Rs 5500.

	SBI Securities	Karvy
Equity Delivery	NSE: 0.00386% | BSE: 0.00384%	Rs 325
Equity Intraday	NSE: 0.00386% | BSE: 0.00384%	Rs 325
Equity Futures	NSE: 0.002206% (Rs 221/Crore)	Rs 230
Equity Options	NSE: 0.05515% (Rs 5515/Crore)	Rs 5500
Currency Futures	0.002206%	Rs 325
Currency Options	NSE: 0.05515% (Rs 5515/Crore)
Commodity		Rs 300

SBI Securities Vs Karvy Leverage (Margin)

SBI Securities provides the margin of Upto 5x for intraday trades whereas the Karvy margin for intraday cash is Upto 20x.

	SBI Securities	Karvy
Equity Delivery	2x with Intrest	Upto 5x with 24% interest per year
Equity Intraday	Upto 5x	Upto 20x
Equity Futures	Nil	Upto 4x
Equity Options	Nil	Upto 4x for shorting
Currency Futures	Nil	Nil
Currency Options	Nil	Nil
Commodity Futures	NA	Upto 4x
Commodity Options

Compare SBI Securities and Karvy Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. Karvy offers NEST, Karvy Web, Trade Mobile trading software.

	SBI Securities	Karvy
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	NEST, Karvy Web, Trade Mobile
Intraday Square-off Time	2:45 PM	3:15
Other Features		Ask the expert, The Finapolis
Referral Program

SBI Securities Vs Karvy Review

SBI Securities is rated 2.6 of 5 based on 140 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.

	SBI Securities	Karvy
	140 Customer Reviews	24 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 140 customer reviews	Karvy is rated 2.0 of 5 based on 24 customer reviews

SBI Securities Vs Karvy Investment Options

	SBI Securities	Karvy
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

SBI Securities Vs Karvy Order Type Offered

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

SBI Securities Vs Karvy Research Report

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

SBI Securities Vs Karvy Suitable For Investor Type

	SBI Securities	Karvy
Casual Investor
Active Investor
Trader

SBI Securities Vs Karvy - Pros and Cons

	SBI Securities	Karvy
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.	Pay Rs 1200 one time and get life time free AMC demat account Offers investment in IPO and Mutual funds Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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.	Doesn't offer 3 in 1 account Brokerage rates are negotiable Higher brokerage compare to discount brokers
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