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Sharekhan Vs SBI Securities (Compare Sharekhan and SBI Securities)

About Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over the last 10+ years though it's a very successful online trading platform and a chain of franchises located in almost every part of India. Sharekhan also has an inter...

Sharekhan Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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 and N...

SBI Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Sharekhan Vs SBI Securities

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.

	Sharekhan	SBI Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE
Year of Incorporation	2000	2001
Number of Branches	2800	117

Sharekhan Vs SBI Securities Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 850. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and SBI Securities Demat Account AMC Charges is Rs 350.

	Sharekhan	SBI Securities
Trading Account Opening Charges	Rs 0 (Free)	Rs 850
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 400 (Free for 1st year)	Rs 350

Sharekhan Vs SBI Securities Brokerage

Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type	Sharekhan Classic Account	SBI Securities eZ-trade
Fixed Charges
Equity Delivery	0.30% on market rate or minimum 1 paisa per share	0.50%
Equity Intraday	0.02% on market rate or minimum 1 paisa per share	0.05%
Equity Futures	0.02% per transaction value	0.05%
Equity Options	Rs 20 per lot	Rs 100 per lot
Currency Futures	0.02% per transaction value	0.03%
Currency Options	Rs 5 per lot	Rs 30 per lot
Commodity Futures	0.02%	NA
Commodity Options	Rs 20 per lot	NA
Special Offer	Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.	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.

Sharekhan Vs SBI Securities Brokerage Plan 2

	Sharekhan	SBI Securities
Account Type	Prepaid - Rs 1 Lakh	eZ-trade
Fixed Charges	Rs 1,00,000 per year
Equity Delivery	0.10%	0.50%
Equity Intraday	0.015%	0.05%
Equity Futures	0.015%	0.05%
Equity Options	0.05% or Rs 63 per lot	Rs 100 per lot
Currency Futures		0.03%
Currency Options		Rs 30 per lot
Commodity Futures		NA
Commodity Options		NA

Sharekhan Vs SBI Securities Brokerage Plan 3

	Sharekhan	SBI Securities
Account Type	Margin - Rs 1 Lakh	eZ-trade
Fixed Charges	Rs 1,00,000 margin
Equity Delivery	0.25%	0.50%
Equity Intraday	0.05%	0.05%
Equity Futures	0.05%	0.05%
Equity Options	1% or Rs 70 per lot	Rs 100 per lot
Currency Futures		0.03%
Currency Options		Rs 30 per lot
Commodity Futures		NA
Commodity Options		NA

Sharekhan Charges Vs SBI Securities

Minimum Brokerage	Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future Rs 0.001 per share	Rs 0.05 for Cash, Rs 0.01 Future
Other Charges
Call & Trade Charges	Rs 20	Rs 10 per call (after 30 free calls a month)

Sharekhan Vs SBI Securities Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (on premium) while SBI Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

	Sharekhan	SBI Securities
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 200 per Cr (0.002%) \| BSE Rs 0	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options	NSE Rs 5050 per Cr (0.0505%) (on premium)	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures	NSE Rs 95 per Cr (0.00095%)	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 3700 per Cr (0.037%) (on premium)	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	MCX (Non-Agri) Rs 230 per Cr (0.0023%) \| MCX (Agri) Rs 95 per Cr (0.00095%)

Sharekhan Vs SBI Securities Leverage (Margin)

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

	Sharekhan	SBI 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)

Compare Sharekhan and SBI Securities Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.

	Sharekhan	SBI Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	TradeTiger, Sharekhan Mobile	SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time	3:30 PM	2:45 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Pattern finder, Class room training

Sharekhan Vs SBI Securities Review

Sharekhan is rated 3.3 of 5 based on 312 customer reviews whereas SBI Securities is rated 2.5 of 5 based on 159 customer reviews.

	Sharekhan	SBI Securities
	312 Customer Reviews	159 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Sharekhan is rated 3.3 of 5 based on 312 customer reviews	SBI Securities is rated 2.5 of 5 based on 159 customer reviews

Contact Broker / Request A Call Back

	Sharekhan Enquire	SBI Securities Enquire
Contact Broker	Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.	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.

Sharekhan Vs SBI Securities Investment Options

	Sharekhan	SBI Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, NRI Trading

Sharekhan Vs SBI Securities Order Type Offered

	Sharekhan	SBI Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Sharekhan Vs SBI Securities Research Report

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

Sharekhan Vs SBI Securities Suitable For Investor Type

	Sharekhan	SBI Securities
Casual Investor
Active Investor
Trader

Sharekhan Vs SBI Securities - Pros and Cons

	Sharekhan	SBI Securities
Pros	It has a strong network of over 1950 branches across India. The fund transfer from and to the trading account is free. The share transfer from and to the DP account is free when trading from Sharekhan trading account. The 'TradeTiger' is the most popular trading terminal in India. Brokerage Plan "Prepaid AMC schemes" are available for high volume traders. Stock SIP is available. Loan against shares, margin funding, ipo financing and ESOP funding is available.	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.
Cons	Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services. Sharekhan brokerage is high in comparison to the discount brokers. Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.	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.
Reviews
Promo / Offers	Sharekhan Special Offer Rs 0 Account Opening (for a limited time only) Get FREE Account Opening. FREE Research courage across all segments. 1 Year FREE access to TradeTiger Trading Terminal. This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.	Zerodha (India's Best & No. 1 Broker) Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews

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