Zerodha Vs SBI Securities (Compare Zerodha and SBI Securities)

Zerodha Vs SBI Securities

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
Account Type	Flat Brokerage Plan	eZ-trade
Year of Incorporation	2010	2001
Number of Branches	22	117
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Zerodha Vs SBI Securities Charges & AMC

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 Vs SBI Securities Brokerage

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.

Zerodha Charges Vs SBI Securities

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 Vs SBI Securities Transaction Charges

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%)
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Zerodha Vs SBI Securities Leverage (Margin)

Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the SBI Securities margin for intraday cash is Upto 5x.

	Zerodha	SBI Securities
Equity Delivery	1x (no margin)	2x with Intrest
Equity Intraday	Up to 20x (based on the stock)	Upto 5x
Equity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Nil
Equity Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Nil
Currency Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Nil
Currency Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Nil
Commodity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span	NA
Commodity Options
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Compare Zerodha and SBI Securities Features

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
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	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
Referral Program
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Zerodha Vs SBI Securities Review

Zerodha is rated 3.7 of 5 based on 422 customer reviews whereas SBI Securities is rated 2.6 of 5 based on 144 customer reviews.

	Zerodha	SBI Securities
	422 Customer Reviews	144 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 422 customer reviews	SBI Securities is rated 2.6 of 5 based on 144 customer reviews

Zerodha Vs SBI Securities Investment Options

	Zerodha	SBI Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Zerodha Vs SBI Securities Order Type Offered

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

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

Zerodha Vs SBI Securities Suitable For Investor Type

	Zerodha	SBI Securities
Casual Investor
Active Investor
Trader

Zerodha Vs SBI Securities - Pros and Cons

	Zerodha	SBI Securities
Pros	India's No. 1 broker in terms of the number of active clients and exchange volume. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account 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	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.	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	Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + Trade with the best trading platform in India. This is a limited-time offer. Open Instant Zerodha Account online and start trading today.
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