The side-by-side comparison of SBI Securities and Karvy. Compare SBI Securities Vs Karvy brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best SBI Securities vs Karvy?
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...
Karvy
Alert! 25th Nov 2020 - NSE, BSE terminate Karvy's membership.
Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.
Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.
Karvy Customers,
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 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 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 | 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 |
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 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 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 |
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 | |
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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) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 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 | |
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