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 Share.Market
Share.Market, launched for the public in August 2023, is a stock market platform of PhonePe. This platform allows users to explore, invest, and trade in various financial instruments, including stocks, ETFs, Futures & Options (F&O), and WealthBaskets.
PhonePe, a popular digital payment platform, has launched a new app called Share.Market for share trading. The app is offered by PhonePe Wea...
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 2023, Share.Market is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.
| SBI Securities | Share.Market | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | NSE, BSE, MCX ,NCDEX, MSEI | BSE, NSE |
| Year of Incorporation | 2001 | 2023 |
| Number of Branches | 160 | 0 |
SBI Securities trading account opening charges is Rs 0 while Share.Market account opening changes is Rs 0 (free). SBI Securities Demat Account AMC Charges is Rs 500 and Share.Market Demat Account AMC Charges is Rs 180 (free for 1st year).
| SBI Securities | Share.Market | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 (free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (free) |
| Demat Account AMC Charges | Rs 500 | Rs 180 (free for 1st year) |
SBI Securities Brokerage Charges for equity is 0.35% and intraday is Rs 20 per order whereas Share.Market brokerage charges for equity is Rs 20 per executed order or 0.1% whichever is lower and Intraday is Rs 20 per executed order or 0.1% whichever is lower.
| Account Type | SBI Securities PLAN 499 | Share.Market Flat Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.35% | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Intraday | Rs 20 per order | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Futures | 0.05% | Rs 20 per executed order |
| Equity Options | Rs 50 per lot (sell and buy side) | Rs 20 per executed order |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| 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 | Share.Market | |
|---|---|---|
| Account Type | OIOP - 3K | Flat Brokerage Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Intraday | Rs 20 per order | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Futures | Rs 20 per order | Rs 20 per executed order |
| Equity Options | Rs 20 per order | Rs 20 per executed order |
| Currency Futures | Rs 20 per order | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| SBI Securities | Share.Market | |
|---|---|---|
| Account Type | OIOP - 5K | Flat Brokerage Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Intraday | Rs 20 per order | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Futures | Rs 20 per order | Rs 20 per executed order |
| Equity Options | Rs 20 per order | Rs 20 per executed order |
| Currency Futures | Rs 20 per order | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| Minimum Brokerage | Rs 0.01 per executed order | Rs 2 |
| Other Charges | Auto Square off charges: ₹30 per executed order | |
| Call & Trade Charges | Rs 10 per call for Call & Trade services | Rs 30 per executed order |
SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Share.Market margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| SBI Securities | Share.Market | |
|---|---|---|
| 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. Share.Market offers Share.Market website and mobile app trading software.
| SBI Securities | Share.Market | |
|---|---|---|
| 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 | Share.Market website and mobile app |
| Intraday Square-off Time | 2:45 PM | 3:10 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Equity WealthBasket | |
SBI Securities is rated of 5 based on 165 customer reviews whereas Share.Market is rated of 5 based on 3 customer reviews.
| SBI Securities | Share.Market | |
|---|---|---|
165 Customer Reviews  | 3 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform | |  |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating |  | |
| Broker Rating | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews | Share.Market is Rated 3.7 / 5 based on 3 customer reviews |
| SBI Securities | Share.Market | |
|---|---|---|
| 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 | Share.Market | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| SBI Securities | Share.Market | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| SBI Securities | Share.Market | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| SBI Securities | Share.Market | |
|---|---|---|
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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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