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
SBI Securities
Find more info about broker
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 ₹20 per executed o...
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, Deri...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
NSE, BSE, MCX and NCDEX
BSE, NSE
Account Type
Flat Brokerage Plan
eZ-trade
Broker Enquiry
Year of Incorporation
2010
2001
Number of Branches
22
117
Enquire Zerodha
Enquire SBI Securities
Zerodha Vs SBI Securities Charges
Zerodha
SBI Securities
Trading Account Opening Fees
₹200
₹850
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹300
₹350
Demat Account is Mandatory?
No
No
Zerodha Vs SBI Securities Brokerage
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%)
NSE: 0.002206% (₹221/Crore)
Equity Options
NSE ₹5000 per Cr (0.05%)
NSE: 0.05515% (₹5515/Crore)
Currency Futures
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
0.002206%
Currency Options
NSE ₹70 per Cr (0.0007%) | 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
365 Customer Reviews
130 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Zerodha is Rated 3.7 / 5 based on 365 customer reviews SBI Securities is Rated 2.6 / 5 based on 130 customer reviews
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 (Kite) available for free.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
Direct Mutual Fund Investment is available.
Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
Zerodha Referral Program offers 10% broekrage share to clients you refer.
Good Till Triggered (GTT) order are available. These are simillar to GTC orders.
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 ₹20 order.
Doesn't offer 3-in-1 account.
Doesn't offer unlimited trading plans.
Doesn't offer AMC Free Demat account.
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
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.
Zerodha
Zero Account Opening Fee