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Sharekhan Vs SBI Securities Share Broker Comparison

The side-by-side comparison of Sharekhan and SBICAP Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and SBI Securities's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Sharekhan and SBI Securities.

  Sharekhan SBICAP Securities Ltd
 
Sharekhan Logo SBICAP Securities Ltd Logo
About the Broker 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 & f... Know more about Sharekhan SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd. Services offered by SBICAP includes Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services and E-Broking. They also provide online trading ... Know more about SBICAP Securities Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE
Account Type Classic Account eZ-trade
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with SBI Securities. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Sharekhan SBICAP Securities Ltd
Trading Account Opening Fees ₹0 (Free) ₹850
Trading Account AMC ₹0 (Free) ₹0
Demat Account Opening Fees ₹0 (Free) ₹0
Demat Account AMC ₹400 (Free for 1st year) ₹350
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Sharekhan SBICAP Securities Ltd
Account Type Classic Account eZ-trade
Fixed Charges
Equity Delivery Brokerage 0.50% 0.50%
Equity Intraday Brokerage 0.10% 0.05%
Equity Futures Brokerage 0.10% 0.05%
Equity Options Brokerage ₹50 per lot ₹100 per lot
Currency Futures Trading Brokerage 0.10% 0.03%
Currency Options Trading Brokerage ₹30 per lot Rs 30 per lot
Commodity Futures Trading Brokerage 0.03% NA
Commodity Options Trading Brokerage 0.03% NA

Brokerage Plan 2

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

Brokerage Plan 3

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

Other Charges

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

  Sharekhan SBICAP Securities Ltd
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Sharekhan SBICAP Securities Ltd
Equity Delivery NSE ₹325 | BSE ₹275 NSE: 0.00386% | BSE: 0.00384%
Equity Intraday NSE ₹325 | BSE ₹275 NSE: 0.00386% | BSE: 0.00384%
Equity Futures NSE ₹190 | BSE ₹50 NSE: 0.002206% (₹221/Crore)
Equity Options NSE ₹5000 | BSE ₹50 NSE: 0.05515% (₹5515/Crore)
Currency Futures NSE ₹135 | MCX ₹130 0.002206%
Currency Options NSE ₹4220 | MCX ₹3220 NSE: 0.05515% (₹5515/Crore)
Commodity MCX (Non-Agri) ₹230 | MCX (Agri) ₹95
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Exposure

  Sharekhan SBICAP Securities Ltd
Equity Delivery Upto 5x with 24% interest per year 2x with Intrest
Equity Intraday Upto 10x Upto 5x
Equity Futures 2x Nil
Equity Options Nil Nil
Currency Futures Nil Nil
Currency Options Nil Nil
Commodity Upto 2x NA
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Share Broker Features

  Sharekhan SBICAP Securities Ltd
3 in 1 Account No Yes
Charting Yes No
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
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
Other Features Pattern finder, Class room training
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Broker Ratings (Average User Rating)

  Sharekhan SBICAP Securities Ltd
  277 Customer Reviews    Rate Sharekhan 126 Customer Reviews    Rate SBI Securities
Fees Ratings 3.1 3.2
Trading Brokerage Rating 2.9 2.8
Trading Platform Usability 3.7 2.7
Customer Service Ratings 3.4 2.8
Overall Ratings Rated 3.4 stars Rated 2.6 stars
Broker Rating Sharekhan is Rated 3.4 / 5 based on 277 customer reviews SBI Securities is Rated 2.6 / 5 based on 126 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan SBICAP Securities Ltd
Contact / Request Call Back
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Investment Options Available

  Sharekhan SBICAP Securities Ltd
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading
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Customer Service Offered

  Sharekhan SBICAP Securities Ltd
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
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Order Type

  Sharekhan SBICAP Securities Ltd
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No
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Research / Tips / Reports Published

  Sharekhan SBICAP Securities Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

  Sharekhan SBICAP Securities Ltd
Casual Investor Yes Yes
Active Investor Yes
Trader

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Pros, Cons and Other Review Comments

  Sharekhan SBICAP Securities Ltd
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.

More Advantages...

  • 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.

More Advantages...

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 ₹400 as AMC for trading account in addition to ₹400 for demat account.

More Disadvantages...

  • 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.

More Disadvantages...

Reviews
Promo / Offers

Free Trading & Demat Account (for limited time only)

Sharekhan offers FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

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