FREE Account Opening + No Clearing Fees
Loading...

Zerodha Vs SBI Securities (Compare Zerodha and SBI Securities)

Zerodha Logo

About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde... Know more about Zerodha

SBICAP Securities Ltd Logo

About 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 and N... Know more about SBICAP Securities Ltd

Expand

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
Year of Incorporation 2010 2001
Number of Branches 22 117
Open Zerodha Account

Expand

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

Expand

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%.

Account Type Zerodha Flat Brokerage Plan SBI Securities 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 Rs 30 per lot
Commodity Futures Rs 20 per executed order or .03% whichever is lower NA
Commodity Options Rs 20 per executed order NA
Special Offer
Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Zerodha (Flat Rs 20 Per Trade)

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 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)

Expand

Zerodha Vs SBI Securities Transaction Charges

Zerodha transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) while SBI Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Zerodha SBI Securities
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%)
Open Zerodha Account

Expand

Zerodha Vs SBI Securities Leverage (Margin)

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

Expand

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 No Yes
Charting Yes No
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features Direct Mutual Funds, APIs for Algo Trading
Open Zerodha Account

Expand

Zerodha Vs SBI Securities Review

Zerodha is rated 3.7 of 5 based on 476 customer reviews whereas SBI Securities is rated 2.5 of 5 based on 159 customer reviews.

  Zerodha SBI Securities
  476 Customer Reviews    Rate Zerodha 159 Customer Reviews    Rate SBI Securities
Fees 3.7 3.1
Brokerage 4.2 2.7
Trading Platform 3.6 2.6
Customer Service 3.4 2.8
Research Capabilities 2.8 2.4
Overall Ratings Rated 3.7 stars Rated 2.5 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 476 customer reviews SBI Securities is rated 2.5 of 5 based on 159 customer reviews

Expand

Contact Broker / Request A Call Back

  Zerodha Enquire SBI Securities Enquire
Contact Broker Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today. 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 and start trading today.

Expand

Zerodha Vs SBI Securities Investment Options

  Zerodha SBI Securities
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options

Expand

Zerodha Vs SBI Securities Order Type Offered

  Zerodha SBI Securities
Bracket Order No No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No
Open Zerodha Account

Expand

Zerodha Vs SBI Securities Research Report

  Zerodha SBI Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

Expand

Zerodha Vs SBI Securities Suitable For Investor Type

  Zerodha SBI Securities
Casual Investor Yes Yes
Active Investor Yes
Trader Yes

Expand

Zerodha Vs SBI Securities - Pros and Cons

  Zerodha SBI Securities
Pros
  • India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue.
  • 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

Zerodha Special Offer

Free stock trading and mutual funds

  • Brokerage-free share delivery trades 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 an instant Zerodha account online and start trading today.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
Open Zerodha Account

Comments

Add a public comment...

Compare Zerodha Compare SBI Securities
Compare More Brokers: