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SBI Securities Vs Tradingo (Compare SBI Securities and Tradingo)

SBICAP Securities Ltd Logo

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... Know more about SBICAP Securities Ltd

Tradingo (Swastika Investmart Ltd) Logo

About Tradingo
Tradingo is an Indore-based discount broker offering stock, commodity, and currency trading services. Tradingo provides transparent, faster, and low-cost brokerage service to India Stock Market customers who would like to trade online with little assistance from a broker. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker, and financial service provider since 1992. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 fo... Know more about Tradingo (Swastika Investmart Ltd)

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SBI Securities Vs Tradingo

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

  SBI Securities Tradingo
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE NSE, BSE, MCX and NCDEX
Year of Incorporation 2001 2016
Number of Branches 117
Enquire SBI SecuritiesOpen Tradingo Account

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SBI Securities Vs Tradingo Charges & AMC

SBI Securities trading account opening charges is Rs 850 while Tradingo account opening changes is Rs 0. SBI Securities Demat Account AMC Charges is Rs 350 and Tradingo Demat Account AMC Charges is Rs 250.

  SBI Securities Tradingo
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 250

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SBI Securities Vs Tradingo Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Tradingo brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade or 0.03% (whichever is lower).

Account Type SBI Securities eZ-trade Tradingo Discount Broking Plan
Fixed Charges Nil
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.05% Rs 20 per trade or 0.03% (whichever is lower)
Equity Futures 0.05% Rs 20 per trade or 0.03% (whichever is lower)
Equity Options Rs 100 per lot Rs 20 per executed order
Currency Futures 0.03% Rs 20 per trade or 0.01% (whichever is lower)
Currency Options Rs 30 per lot Rs 20 per executed order
Commodity Futures NA Rs 20 per trade or 0.01% (whichever is lower)
Commodity Options NA Rs 100 per executed order
Special Offer
Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

SBI Securities Vs Tradingo Brokerage Plan 2

  SBI Securities Tradingo
Account Type eZ-trade Premium Plan
Fixed Charges
Equity Delivery 0.50% 0.3% of trade value
Equity Intraday 0.05% 0.03% of trade value
Equity Futures 0.05% 0.03% of trade value
Equity Options Rs 100 per lot Rs 50 per lot
Currency Futures 0.03% 0.3% of trade value
Currency Options Rs 30 per lot Rs 50 per lot
Commodity Futures NA 0.3% of trade value
Commodity Options NA Rs 100 per lot
Enquire SBI SecuritiesOpen Tradingo Account

SBI Securities Charges Vs Tradingo

Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future Rs 0
Other Charges Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges Rs 10 per call (after 30 free calls a month) Additional Rs 20 per executed order

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SBI Securities Vs Tradingo Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while Tradingo exchange transaction charges for options is NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium).

  SBI Securities Tradingo
Equity Delivery NSE: 0.00386% | BSE: 0.00384% NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Intraday NSE: 0.00386% | BSE: 0.00384% NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Futures NSE: 0.002206% (Rs 221/Crore) NSE Rs 325 per crore | BSE Rs 50 per crore (each side)
Equity Options NSE: 0.05515% (Rs 5515/Crore) NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium)
Currency Futures 0.002206% NSE Rs 160 per crore (0.0016%)
Currency Options NSE: 0.05515% (Rs 5515/Crore) NSE Rs 6000 per crore (0.06%)
Commodity Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
Enquire SBI SecuritiesOpen Tradingo Account

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SBI Securities Vs Tradingo Leverage (Margin)

SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradingo margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  SBI Securities Tradingo
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)
Enquire SBI SecuritiesOpen Tradingo Account

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Compare SBI Securities and Tradingo Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. Tradingo offers Tradingo, Justrade trading software.

  SBI Securities Tradingo
3 in 1 Account Yes No
Charting No Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform SBI Smart Express, SBI Smart Web, SBI Smart Mobile Tradingo, Justrade
Intraday Square-off Time 2:45 PM Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features
Referral Program
Enquire SBI SecuritiesOpen Tradingo Account

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SBI Securities Vs Tradingo Review

SBI Securities is rated 2.6 of 5 based on 147 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

  SBI Securities Tradingo
  147 Customer Reviews    Rate SBI Securities 6 Customer Reviews    Rate Tradingo
Fees 3.2 4.2
Brokerage 2.7 4.7
Trading Platform 2.6 3.5
Customer Service 2.8 3.8
Research Capabilities 2.6 2.0
Overall Ratings Rated 2.6 stars Rated 4.0 stars
Broker Rating SBI Securities is rated 2.6 of 5 based on 147 customer reviews Tradingo is rated 4.0 of 5 based on 6 customer reviews

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Contact Broker / Request A Call Back

  SBI Securities Enquire Tradingo Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

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SBI Securities Vs Tradingo Investment Options

  SBI Securities Tradingo
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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SBI Securities Vs Tradingo Order Type Offered

  SBI Securities Tradingo
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No
Good Till Cancelled (GTC) No
Enquire SBI SecuritiesOpen Tradingo Account

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SBI Securities Vs Tradingo Research Report

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

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SBI Securities Vs Tradingo Suitable For Investor Type

  SBI Securities Tradingo
Casual Investor Yes
Active Investor Yes
Trader Yes

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SBI Securities Vs Tradingo - Pros and Cons

  SBI Securities Tradingo
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.
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • No brokerage charges for equity delivery trades.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
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.
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
Reviews

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

Promo / Offers

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Enquire SBI SecuritiesOpen Tradingo Account

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