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Is SBI Securities good for intraday trading?

Zerodha (Trade with the best stock broker)

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.

SBI is no more a preferred choice for intraday trading due to high brokerage charges, old trading platform and poor customer service.

SBI Securities brokerage charges are very high in comparison to an online flat-rate discount broker. The new generation online discount brokers like Zerodha and Upstox also offer superior trading platform and tools, brokerage-free direct mutual funds and online IPO.

Brokers like ProStocks offer unlimited trading @ Rs 899 per month which makes trading extremely cost-effective for intraday traders.

Most other full-service brokers like ICICI Direct, Angel One, Edelweiss and Sharekhan offer online flat rate brokerage along with free research and advisory.



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