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SBI Securities Stock Trading, Demat, Brokerage and Reviews 2018


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:

  1. (3-in-1) trading experience (Demat, Savings & Online Trading A/C)
  2. Low bandwidth option for anywhere access
  3. Instant Fund and Share transfer facility
  4. 24X7 access to back-office

Trade In: BSE and NSE

SBI Securities Rating (by the customers)

124 Votes

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

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 Special Offers

Sorry no special offers available by SBI Securities at this time.

Visit Exclusive Promotions / Offers from Stock Brokers in India webpage for more offers.

SBI Securities Brokerage Charges 2018

  • 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 DeliveryIntradayMinimum
   First legSecond leg 
Cash Market 0.50%0.075%0.075%₹0.05
DerivativesFuture0.05%0.03%0.03%₹0.01
 Option (per lot)₹100₹50₹50 
Currency DerivativesFuture0.03%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 internet0.01% (Min. ₹21, Max. ₹300)
For instruction submitted through Branches0.04% (Min. ₹30)
Buy- market and off-marketNil
Rejection / Failed instruction₹10 per failed instruction

Useful Articles:

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.

SBI Securities Pros and Cons

SBI Securities Advantages

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

SBI Securities Disadvantages

  1. Very high brokerage in comparison to the online discount stock broker.
  2. 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 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.

SBICAP Securities Ltd consumer complaints
Exchange Financial Year Number of Clients * Total Complaints **
NSE 2018-19 213,572 6
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 clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.

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


SBICAP Securities Ltd Reviews

avatar
76. 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
avatar
75. 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
avatar
74. 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
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73. 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
avatar
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
avatar
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
avatar
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.
avatar
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.
avatar
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
avatar
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? .
avatar
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
avatar
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
avatar
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
avatar
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
avatar
63. Dinesh kumar Prasad  Dec 21, 2017 14:38 Reply
Is derivative and future trading possible with sbi demat account
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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

avatar
61. doc  Nov 22, 2017 23:21 Reply
1. The biggest issue is the platform is so slow that on several occasions you end up loosing the margin you created after making a position .

2. On several occasions the trade bar stays stuck on a particular price ex - 500 rs , no matter whatever scrip you place .

3. Some times whatever scrip you type in it shows not available .

4 . for 2& 3 above you need to login again and start the trade by that time your desired price is gone

5. Its a very bad option for DAY TRADING , as if the risk involved with day trading wasnt sufficient ? SBI CAP securities makes it even much more riskier due to its tortoise like speed . by the time you finish confirm the prices are gone .

6. This is one site site which asks you to press OK button on too many occassions . examples below ...

as soon as you log in , press ok after knowing how many day old your password is .. or else you cant trade . if you log in 10 times in a day due to the platforms sluggishness you need to press OK ten times just to arrive at the trading platform , please note this is after filling all your log in details .. whats the point in telling a day trader how many days old his password is every times he logs in and make him press OK button ?

there is no one click direct buy or sale button here .. once you click buy button ,after checking details again press buy then one screen will pop up press confirm after this order is placed later , a screen pops up " PLEASE check your order in order book " ARE YOU KIDDING ME ? I know i have to check my order after placing it . and unless i press ok to this pop up again i cant go to the trading platform ... there are way too many checks and OK buttons which are not at all beneficial for a day trader .

7 . There is no candle stick chart , i called up CC EXEC his reply was google it and get it .

8 . most of their charts and calculators dont work and sluggish .

9 . In last ten days i had one day full blackout , only call and trade was available .

10 . There are no pie charts to tell the customer where he is investing , where he is ganing / loosing

11 . The display on either side they have left huge amout of space blank and in stock checking postioning only three colums can be seen at time , which is huge draw back , you can compare this with other brockers tarding platforms available online , many of them give 7 to 9 colums including a miny graph at the end .


12 . Trust in the banks name is one of the reason people buy their product . this site is good for delivery options but for day trading its not that good . They need to make alot of improvement

13 What i feel is there too much of client lod much more than they can manage .

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Below Average
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60. ratna debnath  Oct 18, 2017 01:57 Reply
i have a demat in sbi cap sec yesterday their website crashed and become temporarily unavailable and i took a intraday trade and had to incur loss becoz of this. also customer support is an average. brokerage is nominal compare to other bank broking co.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average
avatar
59. ss shukla  Jul 28, 2017 23:30 Reply
worst brokerage charges in the world. I was charged 5% for delevery of stokes. they are robbers for customer. on complain no response from them.hv to fight tooth and nail for legitimate right. worst customer service.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
58. sudhir saindane  Jul 26, 2017 08:55 Reply
the service provided by sbi such a poor services they are not interested to guide to and to listen the customer. such a series heart braking experiences

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
57. R Prakasan  Jul 15, 2017 18:50 Reply
Brokerage charge is very high. Under T+5 scheme no interest be charged till 5th day.

Ratings:

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