Zerodha Vs SBI Securities (Compare Zerodha and SBI Securities)
The side-by-side comparison of Zerodha and SBI Securities. Compare Zerodha Vs SBI Securities brokerage, charges, exposure margin, demat account. Read SBI Securities and Zerodha review.
Find out Zerodha Vs SBI Securities which is better and Zerodha Vs SBI Securities which is best.
Our Zerodha comparison with SBICAP Securities Ltd highlights the major differences between two brokers. Find the best between Zerodha and SBI Securities.
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed...
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 ...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
NSE, BSE, MCX and NCDEX
BSE, NSE
Account Type
Standard Plan
eZ-trade
Broker Enquiry
Year of Incorporation
2010
2001
Number of Branches
22
117
Zerodha Vs SBI Securities Charges
Zerodha
SBI Securities
Trading Account Opening Fees
₹200
₹850
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹100
₹0
Demat Account AMC
₹300
₹350
Demat Account is Mandatory?
No
No
Zerodha Vs SBI Securities Brokerage
Brokerage Plan 1
Zerodha
SBI Securities
Account Type
Standard Plan
eZ-trade
Fixed Charges
Equity Delivery Brokerage
₹0 (Free)
0.50%
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
0.05%
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
0.05%
Equity Options Brokerage
₹20 per executed order or .01% whichever is lower
₹100 per lot
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.03%
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
Rs 30 per lot
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
NA
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
NA
Other Charges
Minimum Brokerage Charges
₹0
₹0.05 for Cash, ₹0.01 Future
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges
₹20 per executed order
₹10 per call (after 30 free calls a month)
Zerodha Vs SBI Securities Taxes
Zerodha
SBI Securities
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Zerodha Vs SBI Securities Transaction Charges
Zerodha
SBI Securities
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
NSE: 0.00386% | BSE: 0.00384%
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
NSE: 0.00386% | BSE: 0.00384%
Equity Futures
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
NSE: 0.002206% (₹221/Crore)
Equity Options
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
NSE: 0.05515% (₹5515/Crore)
Currency Futures
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
0.002206%
Currency Options
NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium)
NSE: 0.05515% (₹5515/Crore)
Commodity
Group A - ₹260 per Cr (0.0026%)
Zerodha Vs SBI Securities Exposure Margin
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
Zerodha and SBI Securities Feature Comparison
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 Android/iOS, Pi, Coin, Kite mobile
SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time
3:10 PM
2:45 PM
Other Features
Direct Mutual Funds, APIs
Referral Program
Zerodha Vs SBI Securities Review
Zerodha
SBI Securities
354 Customer Reviews
130 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Zerodha is Rated 3.8 / 5 based on 354 customer reviews
SBI Securities is Rated 2.6 / 5 based on 130 customer reviews
Contact Broker / Request A Call Back
Zerodha Enquire
SBI Securities Enquire
Contact Broker
Zerodha Vs SBI Securities Investment Options
Zerodha
SBI Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Zerodha Vs SBI Securities Customer Service
Zerodha
SBI Securities
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
Zerodha
SBI Securities
Pros
Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
Excellent trading platforms made available for free to all its customers.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
10% referral credit for reffering new customers.
Direct Mutual Fund Investment is available.
Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.
Get free equity delivery trading (truly no brokerage) and pay flat ₹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.
Zerodha
Zero Account Opening Fee