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Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).
Ze... 
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...
Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 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.
| Zerodha | SBI Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | NSE, BSE, MCX and NCDEX | BSE, NSE |
| Year of Incorporation | 2010 | 2001 |
| Number of Branches | 22 | 117 |
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| Open Zerodha Account | Enquire SBI Securities |
Zerodha trading account opening charges is Rs 200 while SBI Securities account opening changes is Rs 850. Zerodha Demat Account AMC Charges is Rs 300 and SBI Securities Demat Account AMC Charges is Rs 350.
| Zerodha | SBI Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 200 | Rs 850 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 300 | Rs 350 |
Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05%.
| Zerodha | SBI Securities | |
|---|---|---|
| Account Type | Flat Brokerage Plan | eZ-trade |
| Fixed Charges | ||
| Equity Delivery | Rs 0 (Free) | 0.50% |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lower | 0.05% |
| Equity Futures | Rs 20 per executed order or .03% whichever is lower | 0.05% |
| Equity Options | Rs 20 per executed order | Rs 100 per lot |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | 0.03% |
| Currency Options | Rs 20 per executed order or .03% whichever is lower | Rs 30 per lot |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | NA |
| Commodity Options | Rs 20 per executed order or .03% whichever is lower | NA |
| Special Offer | 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 online with Zerodha and start trading today. |
| Minimum Brokerage | 0.03% in Intraday and F&O | Rs 0.05 for Cash, Rs 0.01 Future |
| Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | |
| Call & Trade Charges | Rs 50 per executed order | Rs 10 per call (after 30 free calls a month) |
Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while SBI Securities exchange transaction charges for options is NSE: 0.05515% (Rs 5515/Crore).
| Zerodha | SBI Securities | |
|---|---|---|
| Equity Delivery | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE: 0.00386% | BSE: 0.00384% |
| Equity Intraday | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE: 0.00386% | BSE: 0.00384% |
| Equity Futures | NSE Rs 200 per Cr (0.002%) | NSE: 0.002206% (Rs 221/Crore) |
| Equity Options | NSE Rs 5300 per Cr (0.053%) (on premium) | NSE: 0.05515% (Rs 5515/Crore) |
| Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) | 0.002206% |
| Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE: 0.05515% (Rs 5515/Crore) |
| Commodity | Group A - Rs 260 per Cr (0.0026%) | |
| Open Zerodha Account | Enquire SBI Securities |
Zerodha 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.
| Zerodha | 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) |
| Open Zerodha Account | Enquire SBI Securities |
The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.
| Zerodha | SBI Securities | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting | |
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| SMS Alerts | |
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| Margin Trading Funding | |
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| Trading Platform | Kite Web, Kite Mobile for Android/iOS and Coin | SBI Smart Express, SBI Smart Web, SBI Smart Mobile |
| Intraday Square-off Time | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | 2:45 PM |
| Other Features | Direct Mutual Funds, APIs for Algo Trading | |
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| Open Zerodha Account | Enquire SBI Securities |
Zerodha is rated 3.7 of 5 based on 445 customer reviews whereas SBI Securities is rated 2.6 of 5 based on 146 customer reviews.
| Zerodha | SBI Securities | |
|---|---|---|
445 Customer Reviews  |
146 Customer Reviews |
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| Broker Rating | Zerodha is rated 3.7 of 5 based on 445 customer reviews | SBI Securities is rated 2.6 of 5 based on 146 customer reviews |
| Zerodha Enquire | SBI Securities 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 online with Zerodha and start trading today. | Leave your contact information and we will get in touch with you.... |
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| Zerodha | SBI Securities | |
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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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| Open Zerodha Account | Enquire SBI Securities |
| Zerodha | SBI Securities | |
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| Daily Market Report | |
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| News Alerts | |
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| Zerodha | SBI Securities | |
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| Zerodha | SBI Securities | |
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| Promo / Offers | Free Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open Instant Zerodha Account online and start trading today. |
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| Open Zerodha Account | Enquire SBI Securities |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Open Zerodha Account
