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SBI Securities Vs Dhan (Compare SBI Securities and Dhan)

SBICAP Securities Ltd Logo

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... Know more about SBICAP Securities Ltd

Moneylicious Securities Pvt Ltd Logo

About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to create wealth, and Dhan is committed to providing these options. Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL as well as NSE, BSE and MCX stock exchanges. Dhan offers a variety of products including Stocks, ETFs, Options, Futures and Commoditi... Know more about Moneylicious Securities Pvt Ltd

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SBI Securities Vs Dhan

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  SBI Securities Dhan
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX
Year of Incorporation 2001 2021
Number of Branches 117 1

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SBI Securities Vs Dhan Charges & AMC

SBI Securities trading account opening charges is Rs 850 while Dhan account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 750 (Free for 1st Year) and Dhan Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).

  SBI Securities Dhan
Trading Account Opening Charges Rs 850 Rs 0 (Free)
Trading Account AMC Charges ₹0 (Free)
Demat Account Opening Charges Rs 0 (Free)
Demat Account AMC Charges Rs 750 (Free for 1st Year) ₹0 (Lifetime Zero AMC)

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SBI Securities Vs Dhan Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.

Account Type SBI Securities Dhan Flat Rate Plan
Fixed Charges Rs 0 or Nill
Equity Delivery 0.50% Rs. 0
Equity Intraday 0.05% Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures 0.05% Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Rs 100 per lot (sell and buy side) Rs 20 per executed order
Currency Futures 0.03% Rs 20 per executed order or 0.03% of trade value
Currency Options Rs 30 per lot Rs 20 per executed order
Commodity Futures 0.05% Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options Rs 100 (sell and buy side) Rs 20 per executed order
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.

SBI Securities Charges Vs Dhan

Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future Rs 20
Other Charges
Call & Trade Charges Rs 10 per call (after 30 free calls a month) Rs 50 per order

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SBI Securities Vs Dhan Transaction Charges

SBI Securities transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Dhan exchange transaction charges for options is NSE Rs 4950 per Cr (0.0495%) | BSE Rs 495 per Cr (0.00495%) (on premium).

  SBI Securities Dhan
Equity Delivery NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 322 per Cr (0.00322%) | 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 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 188 per Cr (0.00188%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 4950 per Cr (0.0495%) | BSE Rs 495 per Cr (0.00495%) (on premium)
Currency Futures 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) (on premium)
Commodity Group A, B : 0.0026%

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SBI Securities Vs Dhan Leverage (Margin)

SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Dhan margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  SBI Securities Dhan
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)

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Compare SBI Securities and Dhan Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

  SBI Securities Dhan
3 in 1 Account Yes Yes
Charting No Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform SBI Smart Express, SBI Smart Web, SBI Smart Mobile Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time 2:45 PM 3:20 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features APIs for Algo Trading, smallcases on Dhan

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SBI Securities Vs Dhan Review

SBI Securities is rated 2.5 of 5 based on 163 customer reviews whereas Dhan is rated 3.0 of 5 based on 28 customer reviews.

  SBI Securities Dhan
  163 Customer Reviews    Rate SBI Securities 28 Customer Reviews    Rate Dhan
Fees 3.0 4.0
Brokerage 2.7 3.3
Trading Platform 2.6 3.4
Customer Service 2.8 2.4
Research Capabilities 2.4 2.8
Overall Ratings Rated 2.5 stars Rated 3.0 stars
Broker Rating SBI Securities is rated 2.5 of 5 based on 163 customer reviews Dhan is rated 3.0 of 5 based on 28 customer reviews

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Contact Broker / Request A Call Back

  SBI Securities Enquire Dhan 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.

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SBI Securities Vs Dhan Investment Options

  SBI Securities Dhan
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options

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SBI Securities Vs Dhan Order Type Offered

  SBI Securities Dhan
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No Yes

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SBI Securities Vs Dhan Research Report

  SBI Securities Dhan
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes Yes

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SBI Securities Vs Dhan Suitable For Investor Type

  SBI Securities Dhan
Casual Investor Yes
Active Investor Yes
Trader Yes

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SBI Securities Vs Dhan - Pros and Cons

  SBI Securities Dhan
Pros
  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.
  • Safe, reliable, and technologically first online broker.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free account opening.
  • AMC free demat account.
  • Free equity delivery trades.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offers 3-in-1 account for ICICI bank users.
Cons
  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 20 per order.
  • It does not offer monthly unlimited trading plans.
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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