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SBI Securities Stock Trading, Demat, Brokerage and Reviews 2019

0.63% 210,892 Clients

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 product to investors & traders.

The portal allows both Resident Indians and Non Resident Indians (NRIs) to invest in Equity, Derivatives, Mutual Funds, IPOs via the online channel. SSL's online trading platform is powered by a robust trading engine. SSL is registered with the Securities Exchange Board of India. SBICAP Securities (SSL) provides Share Trading with eZ-trade@sbi. This links all your three accounts i.e. Bank Account, Demat Account and Trading Account together.

Features:

(3-in-1) trading experience (Demat, Savings & Online Trading A/C)
Low bandwidth option for anywhere access
Instant Fund and Share transfer facility
24X7 access to back-office

Trade In: BSE and NSE

SBI Securities Ratings

Overall Rating	2.6/5
Fees	3.2/5
Brokerage	2.8/5
Usability	2.7/5
Customer Service	2.9/5

Based on 129 Votes by SBI Securities Customers

Do you trade with SBI Securities? Rate SBI Securities

Information about SBI Securities account opening, SBI Securities open account, SBI Securities opening charges, SBI Securities account opening charges, SBI Securities account opening status, SBI Securities amc charges, SBI Securities account charges, SBI Securities account closure

SBI Securities Brokerage Charges 2019

2-in-1 Account Opening Charges: ₹850
Annual Maintenance Charges (AMC): ₹500

Trading Brokerages

Intra-day Trades: 0.15% (both sides) Or Minimum 5 paise per share whichever is higher.
Delivery Based Trades: 0.50% or Minimum 5 paise per share whichever is higher.
Futures: 0.05% for intraday and 0.09% for carry forward Or Minimum 5 paise per share whichever is higher .
Options Trades: Rs. 50/- for intraday (one side) (per contract) and Rs. 100/- for carry forward (per contract).

SBICAP Securities Brokerage / Charges
Segment		Delivery	Intraday		Minimum
			First leg	Second leg
Cash Market		0.50%	0.075%	0.075%	₹0.05
Derivatives	Future	0.05%	0.03%	0.03%	₹0.01
	Option (per lot)	₹100	₹50	₹50
Currency Derivatives	Future	0.03%	0.015%	0.015%
	Option (per lot)	₹30	₹20	₹20

Demat Transaction Charges SBICAP Securities
On-Market (Sell Market) / Off Market (% of transaction value of each ISIN)
with POA (applicable for On Market Instructions only)	0.01% (Min. ₹21, Max. ₹300)
For instruction submitted through internet	0.01% (Min. ₹21, Max. ₹300)
For instruction submitted through Branches	0.04% (Min. ₹30)
Buy- market and off-market	Nil
Rejection / Failed instruction	₹10 per failed instruction

Useful Articles:

The Best 3-in-1 Trading Account in India Stock Market - ICICI Bank, HDFC Bank, SBI, Kotak Securities etc

Check out SBI Securities Brokerage Charges, Fees, AMC, Transaction Charges. Get detail about SBI Securities pricing, SBI Securities brokerage calculater, SBI Securities brokerage, SBI Securities plans, SBI Securities brokerage review, SBI Securities brokerage plans, SBI Securities fund transfer, SBI Securities intraday brokerage, SBI Securities charges, SBI Securities charge list, SBI Securities charges calculator, SBI Securities prepaid brokerage plans, SBI Securities yearly charges, SBI Securities fees, SBI Securities yearly maintenance charge, SBI Securities option brokerage and SBI Securities trading charges.

Contact SBI Securities / Request Call Back

SBI Securities Pros and Cons

SBI Securities Advantages

State Bank of India is country's largest bank of India and a trusted brand.
Full-service broker with a wide range of financial services under one roof.
SBI Securities offer the 3-in-1 account which offers seamless transactions between the Demat, Trading and Bank Account.
Offer online investment in IPO, Mutual Funds, and Bonds.
Trading Terminal SBISMART Xpress and Mobile Trading app SBISMART are available for free to all customers.
Trading is available at over 115 SBICAP Securities branches across major cities.
Research and analysis are offered to all customers.

SBI Securities Disadvantages

Very high brokerage in comparison to the online discount stock broker.
Call & Trade is free for first 30 calls a month. After that, it is charged at Rs 10 per call. Max 3 scripts can be enquired in 1 call.

SBI Securities Exposure Margin

SBI Securities leverage for intraday, delivery, options, currency and commodities. Read SBI Securities exposure limit review.

Segment	Exposure Margin
Equity Delivery	2x with Intrest
Equity Intraday	Upto 5x
Equity Future	Nil
Equity Options	Nil
Currency Future	Nil
Currency Options	Nil
Commodity Future	NA
Commodity Options

SBI Securities Complaints received at BSE/NSE

Number of customer complained against SBICAP Securities Ltd share broker. The SBICAP Securities Ltd consumer complaints provide the summary of grievance which went to exchange for resolution.

SBI Securities Customer Complaints

Exchange	Financial Year	Number of Clients *	Total Complaints **
NSE	2019-20	210,892	19
BSE	2018-19	84,317	12
NSE	2018-19	209,567	50
BSE	2017-18	135,809	47
NSE	2017-18	213,616	102
BSE	2016-17	71,934	11
NSE	2016-17	169,345	88
BSE	2015-16	48,871	31
NSE	2015-16	125,828	78
BSE	2014-15	39,827	27
NSE	2014-15	113,810	116
BSE	2013-14	350,332	23
NSE	2013-14	68,328	92
BSE	2012-13	274,423	21
NSE	2012-13	275,515	52
BSE	2011-12	194,476	32
NSE	2011-12	189,129	68

* Number of active customers. As per SEBI guidelines each broker reports the detail of active clients to the exchange through unique client code (ucc) process every month.

** The total number of complaint received against the broker at the given exchange.

Read detail report about SBICAP Securities Ltd Complaints at BSE, NSE and MCX
Broker complaints in India - Year wise complaints received by exchange

81 Comments

81. Rudal Kumar Jul 18, 2019 17:52 Reply

Demat

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Customer Service - Excellent
Overall Experience - Very Poor

80. Jaison Jose Jul 11, 2019 10:48 Reply

The best thing I like about the SBICAP Securities Ltd. is the Mobile App, it's easy to use and works effortlessly. But the Web version is a bit complicated, I'd recommend it should be a bit more user friendly. SBI Yono Website is a good example. One thing, I'd love to have with this platform is the option to trade on the MT4 or MT5 (Meta Trader). If this feature is enabled, then SBICAP becomes far more advanced in this field compared to others. The only thing intolerable is the Brokerage Charges on Delivery and Intraday Trades. Man that sucks seriously. Or else, my experience with this firm is excellent.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Above Average
Website Usability - Average
Customer Service - Above Average
Overall Experience - Average

79. Ramesh Jul 8, 2019 12:51 Reply

Dislike because of high charges.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Below Average

78. singh Sep 7, 2018 01:24 Reply

they suck brokerage like hell
Intraday net profit of ₹-780.00 I was charged ₹7000 due to brokerage 0.66 plus GST plus STT

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Average
Overall Experience - Very Poor

77. N K RAUTA Feb 11, 2019 20:39 Reply

SBI CAP BROKERAGE CHARGE IS VERY VERY VERY HIGH ,SBICAP IS AS LIKE A LOOTERA ,WHICH LOOTES CUSTMERS IDEA ,MONEY, TIME ,

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

76. A Feb 7, 2019 21:49 Reply

Very bad

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor

75. Uday Narayan tiwari Oct 12, 2018 06:36 Reply

No chart available, high brokerage , 590 rupees yearly maintenance fee , very poor type traditional site

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

74. SANDIP DAS Oct 9, 2018 20:41 Reply

First of all SBI SMART mobile App is very very poor. Desktop Application is better than mobile app and brokerage charges are high. My over all reviews are average.

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Above Average
Overall Experience - Average

73. Ketan Sep 13, 2018 10:46 Reply

Please don't trust SBICAP.they are going to cheat you.You can never became rich if you are thinking of SBICAP for trading.
My personal experience is so bad that I lost thousands of rupees.especially intraday trading.They stops taking orders at 3.10PM,so you cant do anything,also if your orders or positions are pending then 100% you are going to loss because they don't want you become rich.
Their software is also create problem and doesn't play smoothly.
Yesterday I sold 2000 RCOM intraday around 3pm at Rs.16.15 and I placed order of buying Rs.15.70 immediately as usual they cancelled my order 3.10PM and they placed another order of buying Rs.16.45 while the ongoing rate was Rs.16.05 luckily the rate remains constant and finally system bought 2000 shares at Rs.16.05. in last 10 minutes of market closing.but what will happened if rate goes high I might lost my money.
So I URGE YOU please avoid SBICAP TRADING.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

72. Rajendra Singh Sep 5, 2018 00:07 Reply

Totally bogus staff. Poor quality knowledge of call centre. Heavy brokerage charges. Local office opened at various big cities but they are totally unreliable and misguided. Never believe them.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

71. Haris May 28, 2018 17:40 Reply

I have been advised that my first year maintenance fee will be waived off and free, but SBI CAP charged me Rs. 850 as maintenance fee from my account, I requested several time through email & phone call to refund back, nearly two months now but no luck. very very poor response - My account N6627151.
I opened this account as NRI & linked to my NRO account. Very poor web/mobile applications. I do not recommend SBI CAP broker for NRIs (believe same web/app use for residential account too).
Your fund management will be a tough job, If you want to trade or invest in Equity (I only tried equity stock buy and then i stopped using SBI), my experience was, I have to transfer my NRO account fund to SBI CAP account using their tool "Lien", then fund comes to my SBI CAP account and reflect in "Wallet" within seconds, but problem is, same day I have to invest these fund, suppose if I could not invest the entire fund on same day (due to price didn't come down or market was too volatile...etc), then your fund will disappear from "Wallet" next day, you need to call their customer service or email them to put it back, no option you to do this online, a manual intervention require from an agent sitting in India and I have to make call them for quick turn around. Absolutely nonsense. I decided to close my brokerage with SBI CAP within 2 months time.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Average
Overall Experience - Very Poor

71.1. Rajendra Singh Sep 5, 2018 00:00

Sir You are correct. My Ac No is 13681577. They also cheated me by assuring low brokerage but charged high brokerage. I lost Rs 50000 with in a period of 41 days due to fraudulent advise of their Jaipur based Advisor.

70. Rajendra Singh Sep 4, 2018 23:56 Reply

I am a customer of sbicap securities since June,2015. Now they have appointed Advisor in all Major cities. Since brokerage of sbicap is too high I traded rarely. Advisor assured me low brokage plan and traded heavily but sbicap charged 50 paisa. In this way my profitconverted into loss of Rs 45000. So Sbicap is fraud for me.

69. Ranjit Kumar Jun 24, 2018 15:13 Reply

Intra day brokerage charges are too high and website is also not user friendly.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Below Average
Overall Experience - Very Poor

68. VENU GOPALA KRISHNA SAMANTHO Mar 25, 2018 08:21 Reply

My trading a/c ESI376138.A sum of Rs 43000/- was remitted to their Mumbai a/c on 22-02-2018, from my a/c 10006591446, to square up the outstanding debit balance.
The said amount is not accounted for nor a request to add a/c 10006591446 as additional a/c to my trading a/ is attended to till date..
Add to the problem for balance settlement, My stocks were twice sold on 06/08032018 & 09/13032018 There were many emails and phone calls from me, without any substantial response.
Even their local Branch Office(821124) has recommended in the matter on 04032018.

It is disgusting with their approach and are not attending to the the customer request/complaint despite one month old.
I have been subject to monetary loss and mental agony for the last one month.
IS THIS TYPE OF SERVICE IS EXPECTED? .

67. prashant mane Feb 7, 2018 07:08 Reply

there is very bad customers service I opened account 6 month ago.but currency trading service was not given to me. I completed 4times but no response. yours employees not receive any phone calls.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor

66. Jagdishbhai Solanki Jan 23, 2018 09:34 Reply

SBICAP customer service not satisfactory. As usual customer care person right now busy and call to connect after 15 minutes and his attitude wise hopeless And sbicap complain plateform not good .

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor

65. Rishu Jaiswal Jan 13, 2018 15:52 Reply

Hello sir/madam,
Is there any charges for sbi demat a/c or sbi cap securities?? As i recently noticed the deduction of a sum of Rs.590/- from my Sbi saving account on 6th of January 2018
As i never operated demat a/c and its the very first time that the ammount is been deducted as previously demat a/c was for free as the best of my knowledge.
Please reply asap
Thankyou

64. tapan Kumar Dec 25, 2017 22:32 Reply

I have opted for Smart Plan by paying Rs29500/ advance brokerage so that they will charge me 10 paisa. I am surprised they took the advance payment and also charging me 50 paisa. There is no face available to talk, written mails but getting only reply in the form of Auto mail acceptence and no action.
Their WEBSITE is really very poor.Although they claim that you can place order after AMO, but most of the shares you can''t. You can not see past order history. It is really a proto-type website. It appears that website is developed by some school boy. It needs lot of improvement. SEBI should make some standards, so that investor like us should not feel cheated.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Below Average

63. Dinesh kumar Prasad Dec 21, 2017 14:38 Reply

Is derivative and future trading possible with sbi demat account

62. HARISHCHANDRA J MADLANI Nov 24, 2017 17:42 Reply

dear sir i am holding 2 dmat account with sbi shankar gully kandivali west mumbai long time i did not trad and my account suspended. i have submited all nesesary document to mr sunil morya on 24rt october 2017 branch ask me to handle with him but still my account is suspended and bank sending me to this person this person giving me onother number contcting as by advaising but no result no budy are intrested to help me and i have no knoledge about all those so please advise me to run my account without any problem and please keep responsible people in bank otherwise after some time many accounts you will find close becose people are tyred with sbi service when go to bank i found many peple to help less and fight with staff

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