SBI Securities vs ICICIDirect

SBI Securities vs ICICIDirect - side-by-side comparison . Compare SBI Securities vs ICICIDirect brokerage, charges, exposure margin, demat account. Read SBI Securities vs ICICIDirect review.

Detailed comparison SBI Securities vs ICICIDirect and find out which is better in SBI Securities vs ICICIDirect .

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SBI Securities

ICICIDirect

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

SBICAP Securities Ltd ICICI Securities Pvt Ltd.
eZ-trade I-Saver Plan
Trading Account Opening Fee ₹850 ₹975
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹350 ₹600
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

SBICAP Securities Ltd ICICI Securities Pvt Ltd.
eZ-trade I-Saver Plan
Equity Delivery 0.50% 0.75% to 0.25%
Equity Intraday 0.05% 0.75% to 0.25%
Equity Future 0.05% 0.05% to 0.03%
Equity Options ₹100 per lot ₹95 to ₹65 per lot
Currency Futures 0.03% 0.05% to 0.03%
Currency Options ₹30 per lot 0.25 to ₹65 per lot
Monthly Fee NA NA
Commodity NA NA

Contact Broker

Request Call Back

SBICAP Securities Ltd ICICI Securities Pvt Ltd.
Contact / Request Call Back

Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

SBICAP Securities Ltd ICICI Securities Pvt Ltd.
eZ-trade I-Saver Plan
Equity Delivery NSE ₹386 | BSE ₹384 NSE ₹310 | BSE ₹280
Equity Intraday NSE ₹386 | BSE ₹384 NSE ₹310 | BSE ₹280
Equity Future * NSE ₹221 ₹180
Equity Options * NSE ₹5515 ₹5000
Currency Futures * NSE ₹221 ₹120
Currency Options NSE ₹5515 ₹5000

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

SBICAP Securities Ltd ICICI Securities Pvt Ltd.
eZ-trade I-Saver Plan
Minimum Brokerage 5 paisa for Eq Cash | 1 paisa for Eq future ₹35 per trade
Call & Trade ₹10 per call after first 30 free calls Rs 25 per call (20 calls free in a month)
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.01% (Minimum ₹21, Maximum ₹300) 0.04% (Min ₹25 and Max ₹25,000)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

SBICAP Securities Ltd ICICI Securities Pvt Ltd.
eZ-trade I-Saver Plan
Trading Platform ODIN, SBISMART web, desktop and desktop Trade Racer Web, Desktop, ICICI Direct Mobile App
Placing orders through charts No No
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes Yes
Unique features & Offers Bubble maps. Financial maps Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program No No

Demat Account Charges

Find charges for the best Demat Account for small investors

SBICAP Securities Ltd ICICI Securities Pvt Ltd.
eZ-trade I-Saver Plan
Depository Service Provider CDSL & NSDL CDSL and NSDL
Account Opening Fee

Nil

₹0

Advance Deposit

Nil

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

AMC

Individual Account with POA: ₹400 (₹350 for e-statement)

Individual Account without POA: ₹700

Corporate Account with POA: ₹800

Individual Account without POA: ₹1700

BSDA Account: DP holding < 50,000: Nil, DP holding > 50,000 <=2 Lac ₹100

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

Dematerialisation Charges

₹5 per cert + ₹35 courier charges per request

₹50 Per Demat Request Form and ₹3 For Each Certificates

Rematerialisation Charges

₹35 Per Request + CDSL Charges i.e. ₹10 per 100 securities or part quantity

₹25 + CDSL charges at actual

Transaction Charges (Credit) - -
Transaction Charges (debit)

Through POA - 0.01% of the transaction value (Minimum of ₹21 and Maximum of ₹300) per ISIN

Through DIS - 0.04% of the transaction value (Minimum of ₹30) per ISIN

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹500 )

Pledge Creation Charges

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

0.02% or minimum of ₹50

Pledge Creation Confirmation Charges

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35

Pledge Invocation Charges

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35

Failed Instruction Charges

₹10 per failed instruction.

₹30

Other Charges -

1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address.

2. ₹200 for restoring services if account is suspended for non payment of charges.

Basic Details

Basic Details of Brokers

SBICAP Securities Ltd ICICI Securities Pvt Ltd.
eZ-trade I-Saver Plan
Year of Incorporation 2006 1995
Active Exchange Memberships NSE, BSE NSE, BSE
Demat Services CDSL & NSDL NSDL & CDSL
Website http://www.sbismart.com http://www.icicidirect.com
Contact Details 18002099345 020-28307700
Total Number of Clients 2,10,800+ 8,78,884
Total Number of Branches 117 200+

Charts and Data

Charts and Data

SBICAP Securities Ltd ICICI Securities Pvt Ltd.
eZ-trade I-Saver Plan
Live data source NSE, BSE NSE, BSE
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators 30 82
No.of charts can be opened 4 6
Live Scanners Yes Yes
Customizable screeners Yes No
Trading from charts Yes No
Compare Symbol performance on Chart No No
Options charts Yes Yes
Continuous futures charts Yes Yes
Intraday historical data for charts 5 days 20 days
End of Day historical data for charts 5 years 10 years
Corporate action adjusted charts No No
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics No Yes
Price Ladder No No

Leverage

Leverage

SBICAP Securities Ltd ICICI Securities Pvt Ltd.
eZ-trade I-Saver Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - NA
Currency Options - NA
Commodity Futures - NA
Commodity Options - NA

Orders

Orders

SBICAP Securities Ltd ICICI Securities Pvt Ltd.
eZ-trade I-Saver Plan
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) Yes No
After Market Orders (AMO) Yes No

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

SBICAP Securities Ltd ICICI Securities Pvt Ltd.
eZ-trade I-Saver Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.1,00,000 to Rs.3,00,000 Rs.25,000 to Rs.2,00,000

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SBICAP Securities Ltd ICICI Securities Pvt Ltd.
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