About SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities 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.
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About m.Stock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds.
m.Stocks offer Rs 0 account opening fee, Free Delivery Plan across Mutual Funds, ETF, IPO, and brokerage of Rs 5 applicable on Equity Intrad...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX ,NCDEX, MSEI. It has 160 branches across India. Incorporated in 2022, m.Stock is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| SBI Securities | m.Stock | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount |
| Exchnage Membership | NSE, BSE, MCX ,NCDEX, MSEI | BSE, NSE, MCX |
| Year of Incorporation | 2001 | 2022 |
| Number of Branches | 160 | 0 |
SBI Securities trading account opening charges is Rs 0 while m.Stock account opening changes is Rs 0. SBI Securities Demat Account AMC Charges is Rs 500 and m.Stock Demat Account AMC Charges is ₹0 (Free).
| SBI Securities | m.Stock | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 500 | ₹0 (Free) |
SBI Securities Brokerage Charges for equity is 0.35% and intraday is Rs 20 per order whereas m.Stock brokerage charges for equity is ₹10 per order and Intraday is ₹10 per order.
| Account Type | SBI Securities PLAN 499 | m.Stock |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.35% | ₹10 per order |
| Equity Intraday | Rs 20 per order | ₹10 per order |
| Equity Futures | 0.05% | ₹10 per order |
| Equity Options | Rs 50 per lot (sell and buy side) | ₹10 per order |
| Currency Futures | Rs 20 per lot | ₹10 per order |
| Currency Options | Rs 20 per lot | ₹10 per order |
| Commodity Futures | 0.05% | NA |
| Commodity Options | Rs 50 (sell and buy side) | NA |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| SBI Securities | m.Stock | |
|---|---|---|
| Account Type | OIOP - 3K | |
| Fixed Charges | ||
| Equity Delivery | 0.20% | ₹10 per order |
| Equity Intraday | Rs 20 per order | ₹10 per order |
| Equity Futures | Rs 20 per order | ₹10 per order |
| Equity Options | Rs 20 per order | ₹10 per order |
| Currency Futures | Rs 20 per order | ₹10 per order |
| Currency Options | Rs 20 per order | ₹10 per order |
| Commodity Futures | 0.05% | NA |
| Commodity Options | Rs 50 (sell and buy side) | NA |
| SBI Securities | m.Stock | |
|---|---|---|
| Account Type | OIOP - 5K | |
| Fixed Charges | ||
| Equity Delivery | 0.20% | ₹10 per order |
| Equity Intraday | Rs 20 per order | ₹10 per order |
| Equity Futures | Rs 20 per order | ₹10 per order |
| Equity Options | Rs 20 per order | ₹10 per order |
| Currency Futures | Rs 20 per order | ₹10 per order |
| Currency Options | Rs 20 per order | ₹10 per order |
| Commodity Futures | 0.05% | NA |
| Commodity Options | Rs 50 (sell and buy side) | NA |
| Minimum Brokerage | Rs 0.01 per executed order | |
| Other Charges | MTF brokerage: ₹10 per order Auto Square off charges: ₹100 per order" | |
| Call & Trade Charges | Rs 10 per call for Call & Trade services | Rs 0 (Free) |
SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the m.Stock margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| SBI Securities | m.Stock | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered SBI Securities include SBI Securities: Stocks & SIP. m.Stock offers Mobile App & Web Platform trading software.
| SBI Securities | m.Stock | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | SBI Securities: Stocks & SIP | Mobile App & Web Platform |
| Intraday Square-off Time | 2:45 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Buyback Trading | |
SBI Securities is rated of 5 based on 165 customer reviews whereas m.Stock is rated of 5 based on 3 customer reviews.
| SBI Securities | m.Stock | |
|---|---|---|
165 Customer Reviews  | 3 Customer Reviews | |
| Fees |  |  |
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| Trading Platform | |  |
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| Broker Rating | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews | m.Stock is Rated 3.7 / 5 based on 3 customer reviews |
| SBI Securities | m.Stock | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| SBI Securities | m.Stock | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| SBI Securities | m.Stock | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| SBI Securities | m.Stock | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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