FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices).
Designed for serious Investors and Trader...
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...
Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.
Sharekhan | SBI Securities | |
---|---|---|
Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
Year of Incorporation | 2000 | 2001 |
Number of Branches | 2800 | 117 |
Sharekhan trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 850. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and SBI Securities Demat Account AMC Charges is Rs 750 (Free for 1st Year).
Sharekhan | SBI Securities | |
---|---|---|
Trading Account Opening Charges | Rs 0 (Free) | Rs 850 |
Trading Account AMC Charges | Rs 0 (Free) | |
Demat Account Opening Charges | Rs 0 (Free) | |
Demat Account AMC Charges | Rs 400 (Free for 1st year) | Rs 750 (Free for 1st Year) |
Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05%.
Account Type | Sharekhan Classic Account | SBI Securities |
---|---|---|
Fixed Charges | ||
Equity Delivery | 0.30% on market rate or minimum 1 paisa per share | 0.50% |
Equity Intraday | 0.02% on market rate or minimum 1 paisa per share | 0.05% |
Equity Futures | 0.02% per transaction value | 0.05% |
Equity Options | Rs 20 per lot | Rs 100 per lot (sell and buy side) |
Currency Futures | 0.02% per transaction value | 0.03% |
Currency Options | Rs 5 per lot | Rs 30 per lot |
Commodity Futures | 0.02% | 0.05% |
Commodity Options | Rs 20 per lot | Rs 100 (sell and buy side) |
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. |
Sharekhan | SBI Securities | |
---|---|---|
Account Type | Prepaid - Rs 1 Lakh | |
Fixed Charges | Rs 1,00,000 per year | |
Equity Delivery | 0.10% | 0.50% |
Equity Intraday | 0.015% | 0.05% |
Equity Futures | 0.015% | 0.05% |
Equity Options | 0.05% or Rs 63 per lot | Rs 100 per lot (sell and buy side) |
Currency Futures | 0.03% | |
Currency Options | Rs 30 per lot | |
Commodity Futures | 0.05% | |
Commodity Options | Rs 100 (sell and buy side) | |
Sharekhan | SBI Securities | |
---|---|---|
Account Type | Margin - Rs 1 Lakh | |
Fixed Charges | Rs 1,00,000 margin | |
Equity Delivery | 0.25% | 0.50% |
Equity Intraday | 0.05% | 0.05% |
Equity Futures | 0.05% | 0.05% |
Equity Options | 1% or Rs 70 per lot | Rs 100 per lot (sell and buy side) |
Currency Futures | 0.03% | |
Currency Options | Rs 30 per lot | |
Commodity Futures | 0.05% | |
Commodity Options | Rs 100 (sell and buy side) | |
Minimum Brokerage | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Rs 0.05 for Cash, Rs 0.01 Future |
Other Charges | ||
Call & Trade Charges | Rs 20 | Rs 10 per call (after 30 free calls a month) |
Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (on premium) while SBI Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).
Sharekhan | SBI Securities | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | 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 335 per Cr (0.00335%) | 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 200 per Cr (0.002%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5050 per Cr (0.0505%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 95 per Cr (0.00095%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% | |
Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SBI Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Sharekhan | SBI Securities | |
---|---|---|
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 Sharekhan include TradeTiger, Sharekhan Mobile. SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.
Sharekhan | SBI Securities | |
---|---|---|
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 | TradeTiger, Sharekhan Mobile | SBI Smart Express, SBI Smart Web, SBI Smart Mobile |
Intraday Square-off Time | 3:30 PM | 2:45 PM |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Pattern finder, Class room training | |
Sharekhan is rated 3.3 of 5 based on 313 customer reviews whereas SBI Securities is rated 2.5 of 5 based on 163 customer reviews.
Sharekhan Enquire | SBI Securities 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. |
Sharekhan | SBI Securities | |
---|---|---|
Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Loans, NRI Trading |
Sharekhan | SBI Securities | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
Sharekhan | SBI Securities | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
Sharekhan | SBI Securities | |
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Casual Investor | ||
Active Investor | ||
Trader |
Sharekhan | SBI Securities | |
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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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