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Sharekhan Vs SBI Securities (Compare Sharekhan and SBI Securities)

Sharekhan Logo

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... Know more about Sharekhan

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

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Sharekhan Vs SBI Securities

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

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Sharekhan Vs SBI Securities Charges & AMC

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)

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Sharekhan Vs SBI Securities Brokerage

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 Vs SBI Securities Brokerage Plan 2

  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 Vs SBI Securities Brokerage Plan 3

  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)

Sharekhan Charges Vs SBI Securities

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)

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Sharekhan Vs SBI Securities Transaction Charges

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%

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Sharekhan Vs SBI Securities Leverage (Margin)

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)

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Compare Sharekhan and SBI Securities Features

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 No Yes
Charting Yes No
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes
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

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Sharekhan Vs SBI Securities Review

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 SBI Securities
  313 Customer Reviews    Rate Sharekhan 163 Customer Reviews    Rate SBI Securities
Fees 3.0 3.0
Brokerage 2.8 2.7
Trading Platform 3.7 2.6
Customer Service 3.3 2.8
Research Capabilities 3.0 2.4
Overall Ratings Rated 3.3 stars Rated 2.5 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 313 customer reviews SBI Securities is rated 2.5 of 5 based on 163 customer reviews

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Contact Broker / Request A Call Back

  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.

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Sharekhan Vs SBI Securities Investment Options

  Sharekhan SBI Securities
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading

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Sharekhan Vs SBI Securities Order Type Offered

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

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Sharekhan Vs SBI Securities Research Report

  Sharekhan SBI Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Sharekhan Vs SBI Securities Suitable For Investor Type

  Sharekhan SBI Securities
Casual Investor Yes Yes
Active Investor Yes
Trader

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Sharekhan Vs SBI Securities - Pros and Cons

  Sharekhan SBI Securities
Pros
  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.
  • 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.
Cons
  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
  • 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.
Reviews
Promo / Offers

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  • Pay ₹20 per trade for Intraday & F&O.
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  Special Offer - Free Equity Delivery and Mutual Funds

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

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