Unlimited Trading @ Rs 899 per month - Prostocks

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:

  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 Ratings

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

Based on 130 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

Request a Callback

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 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:

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

Leave your contact information and we will get in touch with you....

Name:Phone
EmailCity
State
Are you a day trader?

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 Exposure Margin

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

SegmentExposure Margin
Equity Delivery2x with Intrest
Equity IntradayUpto 5x
Equity FutureNil
Equity OptionsNil
Currency FutureNil
Currency OptionsNil
Commodity FutureNA
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 **
BSE 2019-20 54,928 1
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.

Enquiry Form


84 Comments

Krishnamoorthy
84. Krishnamoorthy  Jul 26, 2019 18:22 Reply
SBI CAP SECURITIES LTD., Chennai branch Broker Subashini misused my an account and cheated Rs.3,78,000/-. Once I came to know, I filed the complaint on SEBI. Based on my complaint NSE doing investigation. But, SBI CAP SECURITIES LTD's fraudulent lady Subashini submitting all fake documents.
So, please aware from this SBI CAP SECURITIES LTD., fraudsters.
Krishnamoorthy
83. Krishnamoorthy  Jul 25, 2019 14:45 Reply
SBICAP securitis Ltd is number 1 fraud company.
This company people sitting at SBI bank and once given false statement and open an account after they are using our account without our knowledge for buy and sell for their convenient and cheat our full amount. We should be aware from this people and should take very serious action against them.
Krishnamoorthy
82. Krishnamoorthy  Jul 25, 2019 14:38 Reply
SBICAP SECURITIES LTD is Number 1 fraud company. They are cheating once knowing our innociency.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Excellent
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Rudal Kumar
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
Jaison Jose
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
Ramesh
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
singh
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
N K RAUTA
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
A
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
Uday Narayan tiwari
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
SANDIP DAS
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
Ketan
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
Rajendra Singh
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
Haris
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
Rajendra Singh
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.
Rajendra  Singh
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.
Ranjit Kumar
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
VENU GOPALA KRISHNA SAMANTHO
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? .
prashant mane
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
Jagdishbhai Solanki
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
Rishu Jaiswal
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

Enquire SBI Securities Trading Account

Name:Phone:
Email:City:
State:
Are you a day trader?



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App