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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 Vs SBI Securities

	Zerodha	SBICAP Securities Ltd
	Zerodha Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	SBI Securities Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	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	SBICAP Securities Ltd
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	SBICAP Securities Ltd
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	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.

Zerodha Vs SBI Securities Transaction Charges

	Zerodha	SBICAP Securities Ltd
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	SBICAP Securities Ltd
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	SBICAP Securities Ltd
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	SBICAP Securities Ltd
	348 Customer Reviews	129 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 348 customer reviews	SBI Securities is Rated 2.6 / 5 based on 129 customer reviews

Contact Broker / Request A Call Back

	Zerodha	SBICAP Securities Ltd
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?	Name Phone # Email City Name State Are you a day trader?

Zerodha Vs SBI Securities Investment Options

	Zerodha	SBICAP Securities Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Zerodha Vs SBI Securities Customer Service

	Zerodha	SBICAP Securities Ltd
24/7 Customer Service
Onine Live Chat
Through Branches

Zerodha Vs SBI Securities Order Type Offered

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

Zerodha Vs SBI Securities Suitable For Investor Type

	Zerodha	SBICAP Securities Ltd
Casual Investor
Active Investor
Trader

Zerodha Vs SBI Securities - Advantages and Disadvantages

Zerodha

SBICAP Securities Ltd

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.

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

Doesn't provide stock tips, research reports or recommendations.
Call & Trade is charged at extra Rs 20 order.
Doesn't provide options to invest in IPO, Bond and NCD's public offers.
Margin funding is not available.
GTC/GTD not available in Equity.

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

Truly free equity delivery trading

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.

Enquire about Zerodha

Enquire about SBI Securities

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