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About 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... 
About Tradeplus
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of Rs 90 per year. Tradeplus also offer Online Mutual...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
| SBI Securities | Tradeplus | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
| Year of Incorporation | 2001 | 1995 |
| Number of Branches | 117 | |
SBI Securities trading account opening charges is Rs 850 while Tradeplus account opening changes is Rs 0. SBI Securities Demat Account AMC Charges is Rs 350 and Tradeplus Demat Account AMC Charges is Rs 0.
| SBI Securities | Tradeplus | |
|---|---|---|
| Trading Account Opening Charges | Rs 850 | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 350 | Rs 0 |
SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.
| Account Type | SBI Securities eZ-trade | Tradeplus Flat Zero brokerage Scheme |
|---|---|---|
| Fixed Charges | As per segment | |
| Equity Delivery | 0.50% | Rs 0 (Free) |
| Equity Intraday | 0.05% | NA |
| Equity Futures | 0.05% | Rs 799 per month (unlimited trading) |
| Equity Options | Rs 100 per lot | Rs 99 per month (unlimited trading) |
| Currency Futures | 0.03% | Rs 99 per month (unlimited trading) |
| Currency Options | Rs 30 per lot | Rs 99 per month (unlimited trading) |
| Commodity Futures | NA | Rs 99 per month (unlimited trading) |
| Commodity Options | NA | Rs 99 per month (unlimited trading) |
| Special Offer | Zerodha (Trade with the best stock broker) 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 (Trade with the best stock broker) 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 | Tradeplus | |
|---|---|---|
| Account Type | eZ-trade | Flexi Brokerage Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.50% | Rs 0 (Free) |
| Equity Intraday | 0.05% | Lower of - Rs 9 per trade or 0.01% |
| Equity Futures | 0.05% | Rs 9 per executed order |
| Equity Options | Rs 100 per lot | Rs 9 per executed order |
| Currency Futures | 0.03% | Rs 9 per executed order |
| Currency Options | Rs 30 per lot | Rs 9 per executed order |
| Commodity Futures | NA | Rs 9 per executed order |
| Commodity Options | NA | Rs 9 per executed order |
| Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | |
| Other Charges | SMS Charges: Rs 100 per segment. | |
| Call & Trade Charges | Rs 10 per call (after 30 free calls a month) | Flat Rs 75 per day |
SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).
| SBI Securities | Tradeplus | |
|---|---|---|
| Equity Delivery | NSE: 0.00386% | BSE: 0.00384% | Rs 345 per crore (0.00345%) (each side) |
| Equity Intraday | NSE: 0.00386% | BSE: 0.00384% | Rs 345 per crore (0.00345%) (sale side) |
| Equity Futures | NSE: 0.002206% (Rs 221/Crore) | Rs 360 per crore (0.0036%) |
| Equity Options | NSE: 0.05515% (Rs 5515/Crore) | Rs 7800 per crore (0.078%)(on premium) |
| Currency Futures | 0.002206% | Rs 140 per crore (0.0014%) |
| Currency Options | NSE: 0.05515% (Rs 5515/Crore) | Rs 6000 (on premium) per crore (0.06%) |
| Commodity | Rs 500 (0.005%) | |
SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradeplus margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| SBI Securities | Tradeplus | |
|---|---|---|
| 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 Smart Express, SBI Smart Web, SBI Smart Mobile. Tradeplus offers INFINI, NSE NOW trading software.
| SBI Securities | Tradeplus | |
|---|---|---|
| 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 | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | ||
| Trading Platform | SBI Smart Express, SBI Smart Web, SBI Smart Mobile | INFINI, NSE NOW |
| Intraday Square-off Time | 2:45 PM | |
| Trading In SME Shares Allowed? | ||
| Referral Program | ||
| Other Features | ||
SBI Securities is rated 2.5 of 5 based on 153 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.
| SBI Securities | Tradeplus | |
|---|---|---|
153 Customer Reviews  |
37 Customer Reviews |
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| Broker Rating | SBI Securities is rated 2.5 of 5 based on 153 customer reviews | Tradeplus is rated 2.9 of 5 based on 37 customer reviews |
| SBI Securities Enquire | Tradeplus Enquire | |
|---|---|---|
| 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 | Tradeplus | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Bond / NCD | |
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| Debt | |
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| SBI Securities | Tradeplus | |
|---|---|---|
| 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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| Good Till Cancelled (GTC) | |
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| SBI Securities | Tradeplus | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| SBI Securities | Tradeplus | |
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| Casual Investor | |
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| SBI Securities | Tradeplus | |
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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