The side-by-side comparison of Zerodha and SBI Securities. Compare Zerodha Vs SBI Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Zerodha vs SBI Securities?
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 |
Supported Exchnages | NSE, BSE, MCX and NCDEX | BSE, NSE |
Account Type | Flat Brokerage Plan | eZ-trade |
Year of Incorporation | 2010 | 2001 |
Number of Branches | 22 | 117 |
Broker Enquiry |
![]() |
![]() |
Enquire Zerodha | 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 Brokerage | Rs 0 (Free) | 0.50% |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.05% |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.05% |
Equity Options Brokerage | Rs 20 per executed order | Rs 100 per lot |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.03% |
Currency Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 30 per lot |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | NA |
Commodity Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | NA |
Special Offer | Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer |
Minimum Brokerage Charges | 0.03% in Intraday and F&O | Rs 0.05 for Cash, Rs 0.01 Future |
Other Brokerage 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 5000 per Cr (0.05%) (on premium) while SBI Securities exchange transaction charges for options is NSE: 0.05515% (Rs 5515/Crore).
Zerodha | SBI Securities | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE: 0.00386% | BSE: 0.00384% |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE: 0.00386% | BSE: 0.00384% |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | NSE: 0.002206% (Rs 221/Crore) |
Equity Options | NSE Rs 5000 per Cr (0.05%) (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%) | |
Enquire Zerodha | Enquire SBI Securities |
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 | ||
Enquire Zerodha | 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 | ![]() |
![]() |
Charting | ![]() |
![]() |
Automated Trading | ![]() |
![]() |
SMS Alerts | ![]() |
![]() |
Online Demo | ![]() |
![]() |
Online Portfolio | ![]() |
![]() |
Margin Trading Funding Available | ![]() |
![]() |
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 | ![]() |
|
Enquire Zerodha | Enquire SBI Securities |
Zerodha is rated 3.7 of 5 based on 409 customer reviews whereas SBI Securities is rated 2.6 of 5 based on 140 customer reviews.
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) | ![]() |
![]() |
Enquire Zerodha | Enquire SBI Securities |
Zerodha | SBI Securities | |
---|---|---|
Pros |
|
|
Cons |
|
|
Reviews | ||
Promo / Offers | Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you. |
|
Enquire Zerodha | Enquire SBI Securities |
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc