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 Yes Securities
Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO.
YSL offers a 3-in-1 account wherein a bank savings a...
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 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 52 branches across India.
| SBI Securities | Yes Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | NSE, BSE, MCX ,NCDEX, MSEI | BSE, NSE, MCX |
| Year of Incorporation | 2001 | 2013 |
| Number of Branches | 160 | 52 |
SBI Securities trading account opening charges is Rs 0 while Yes Securities account opening changes is ₹0. SBI Securities Demat Account AMC Charges is Rs 500 and Yes Securities Demat Account AMC Charges is ₹25 per month.
| SBI Securities | Yes Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | ₹0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 500 | ₹25 per month |
SBI Securities Brokerage Charges for equity is 0.35% and intraday is Rs 20 per order whereas Yes Securities brokerage charges for equity is 0.10% and Intraday is 0.01%.
| Account Type | SBI Securities PLAN 499 | Yes Securities YES Private |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.35% | 0.10% |
| Equity Intraday | Rs 20 per order | 0.01% |
| Equity Futures | 0.05% | 0.01% |
| Equity Options | Rs 50 per lot (sell and buy side) | Rs10 per lot |
| Currency Futures | Rs 20 per lot | 0.01% |
| Currency Options | Rs 20 per lot | Rs10 per lot |
| Commodity Futures | 0.05% | 0.01% |
| Commodity Options | Rs 50 (sell and buy side) | Rs10 per lot |
| 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 | Yes Securities | |
|---|---|---|
| Account Type | OIOP - 3K | YES First |
| Fixed Charges | ||
| Equity Delivery | 0.20% | 0.12% |
| Equity Intraday | Rs 20 per order | 0.01% |
| Equity Futures | Rs 20 per order | 0.01% |
| Equity Options | Rs 20 per order | Rs15 per lot |
| Currency Futures | Rs 20 per order | 0.01% |
| Currency Options | Rs 20 per order | Rs15 per lot |
| Commodity Futures | 0.05% | 0.01% |
| Commodity Options | Rs 50 (sell and buy side) | Rs15 per lot |
| SBI Securities | Yes Securities | |
|---|---|---|
| Account Type | OIOP - 5K | INVEST Value Plan |
| Fixed Charges | ||
| Equity Delivery | 0.20% | 0.25% |
| Equity Intraday | Rs 20 per order | 0.03% |
| Equity Futures | Rs 20 per order | 0.03% |
| Equity Options | Rs 20 per order | Rs 25 per lot |
| Currency Futures | Rs 20 per order | 0.03% |
| Currency Options | Rs 20 per order | Rs 25 per lot |
| Commodity Futures | 0.05% | 0.03% |
| Commodity Options | Rs 50 (sell and buy side) | Rs 25 per lot |
| Minimum Brokerage | Rs 0.01 per executed order | Rs 25 or 2.5% of Trade Value whichever is lower |
| Other Charges | ||
| Call & Trade Charges | Rs 10 per call for Call & Trade services | Additional Rs 25 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 Yes Securities margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| SBI Securities | Yes Securities | |
|---|---|---|
| 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. Yes Securities offers OMNI on Mobile, OMNI on Web & OMNI on Desktop trading software.
| SBI Securities | Yes Securities | |
|---|---|---|
| 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 | OMNI on Mobile, OMNI on Web & OMNI on Desktop |
| Intraday Square-off Time | 2:45 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
SBI Securities is rated of 5 based on 165 customer reviews whereas Yes Securities is rated of 5 based on 5 customer reviews.
| SBI Securities | Yes Securities | |
|---|---|---|
165 Customer Reviews  | 5 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 | Yes Securities is Rated 2.2 / 5 based on 5 customer reviews |
| SBI Securities | Yes Securities | |
|---|---|---|
| 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 | Yes Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| SBI Securities | Yes Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| SBI Securities | Yes Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| SBI Securities | Yes Securities | |
|---|---|---|
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| Reviews | ||
| 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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