FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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About SBI Securities
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, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians and N...
About Anand Rathi
Incorporated in 1994, Anand Rathi is one of the leading financial and investment service providers in India. Anand Rathi is a full-service broker. It offers a wide range of investment services including broking services for equities, commodities, IPOs, currency, derivatives, structure products, bonds and smart baskets.
Anand Rathi also offers insurance, corporate deposits and loans, portfolio management, research and advisory, margin funding, loan against shares, etc. There are no charges on ad...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India.
SBI Securities | Anand Rathi | |
---|---|---|
Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE | NSE, BSE, MCX, & NCDEX |
Year of Incorporation | 2001 | 1994 |
Number of Branches | 117 | 1200 |
SBI Securities trading account opening charges is Rs 850 while Anand Rathi account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 750 (Free for 1st Year) and Anand Rathi Demat Account AMC Charges is 450 + GST 18% = 532 (1st year free).
SBI Securities | Anand Rathi | |
---|---|---|
Trading Account Opening Charges | Rs 850 | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 (Free) | |
Demat Account Opening Charges | Rs 0 (Free) | |
Demat Account AMC Charges | Rs 750 (Free for 1st Year) | 450 + GST 18% = 532 (1st year free) |
SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Anand Rathi brokerage charges for equity is 0.20% and intraday is 0.02%.
Account Type | SBI Securities | Anand Rathi Standard Plan |
---|---|---|
Fixed Charges | NA | |
Equity Delivery | 0.50% | 0.20% |
Equity Intraday | 0.05% | 0.02% |
Equity Futures | 0.05% | 0.02% |
Equity Options | Rs 100 per lot (sell and buy side) | Rs 50 per lot |
Currency Futures | 0.03% | 0.02% |
Currency Options | Rs 30 per lot | Rs 20 per lot |
Commodity Futures | 0.05% | 0.02% |
Commodity Options | Rs 100 (sell and buy side) | Rs 100 per lot |
Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - 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. |
Zerodha (Flat Rs 20 Per Trade) Special Offer - 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. |
Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | Rs 25 |
Other Charges | ||
Call & Trade Charges | Rs 10 per call (after 30 free calls a month) | Rs 0 (Free) |
SBI Securities transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Anand Rathi exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).
SBI Securities | Anand Rathi | |
---|---|---|
Equity Delivery | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | Rs 350 per Cr (0.0035%) | |
SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Anand Rathi margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
SBI Securities | Anand Rathi | |
---|---|---|
Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. Anand Rathi offers TradeMobi, Trade Xpress+ and Tr@de X’pro trading software.
SBI Securities | Anand Rathi | |
---|---|---|
3 in 1 Account | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
Trading Platform | SBI Smart Express, SBI Smart Web, SBI Smart Mobile | TradeMobi, Trade Xpress+ and Tr@de X’pro |
Intraday Square-off Time | 2:45 PM | 3:15 PM |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | ||
SBI Securities is rated 2.5 of 5 based on 163 customer reviews whereas Anand Rathi is rated 3.1 of 5 based on 17 customer reviews.
SBI Securities Enquire | Anand Rathi Enquire | |
---|---|---|
Contact 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. | 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 Securities | Anand Rathi | |
---|---|---|
Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options |
SBI Securities | Anand Rathi | |
---|---|---|
Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
SBI Securities | Anand Rathi | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
SBI Securities | Anand Rathi | |
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Casual Investor | ||
Active Investor | ||
Trader |
SBI Securities | Anand Rathi | |
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Reviews | ||
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|
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Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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