SBI Securities vs Karvy

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

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

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SBI Securities

Karvy

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

SBICAP Securities Ltd Karvy Stock Broking Ltd
eZ-trade Retail Brokerage Plan
Trading Account Opening Fee ₹850 ₹650
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹350 ₹420
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

SBICAP Securities Ltd Karvy Stock Broking Ltd
eZ-trade Retail Brokerage Plan
Equity Delivery 0.50% 0.30%
Equity Intraday 0.05% 0.03%
Equity Future 0.05% 0.03%
Equity Options ₹100 per lot ₹30 per lot
Currency Futures 0.03% 0.03%
Currency Options ₹30 per lot ₹30 per lot
Monthly Fee NA NA
Commodity NA 0.03%

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SBICAP Securities Ltd Karvy Stock Broking Ltd
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Transaction Charges (Per Crore)

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

SBICAP Securities Ltd Karvy Stock Broking Ltd
eZ-trade Retail Brokerage Plan
Equity Delivery NSE ₹386 | BSE ₹384 ₹325
Equity Intraday NSE ₹386 | BSE ₹384 ₹325
Equity Future * NSE ₹221 ₹230
Equity Options * NSE ₹5515 ₹5500
Currency Futures * NSE ₹221 ₹325
Currency Options NSE ₹5515 -

Other Charges

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

SBICAP Securities Ltd Karvy Stock Broking Ltd
eZ-trade Retail Brokerage Plan
Minimum Brokerage 5 paisa for Eq Cash | 1 paisa for Eq future 0.01%
Call & Trade ₹10 per call after first 30 free calls Yes
Stamp Duty * Charges as per the state of residence State wise
DP Charges (on sell side) 0.01% (Minimum ₹21, Maximum ₹300) -
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

SBICAP Securities Ltd Karvy Stock Broking Ltd
eZ-trade Retail Brokerage Plan
Trading Platform ODIN, SBISMART web, desktop and desktop OMNESYS NEST - Web, Trader, KarvyOnline mobile app
Placing orders through charts No No
Trading Alerts Yes No
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes No
Unique features & Offers Bubble maps. Financial maps Ask the expert, The Finapolis
Referral Program No NA

Demat Account Charges

Find charges for the best Demat Account for small investors

SBICAP Securities Ltd Karvy Stock Broking Ltd
eZ-trade Retail Brokerage Plan
Depository Service Provider CDSL & NSDL CDSL & NSDL
Account Opening Fee

Nil

Nil

Advance Deposit

Nil

Nil

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

Individuals Account (other than NRI): ₹500 per year

NRI Account: ₹1500 per year

Corporate Account: ₹5,000 per year

Foreign Corporate Body Account: ₹10,000 per year

Dematerialisation Charges

₹5 per cert + ₹35 courier charges per request

₹5 per certificate + ₹40 for courier charges;

For BSDA Accounts: ₹10 per certificate + ₹50 courier charges

Rematerialisation Charges

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

₹20 for every 100 securities or ₹20 per certificate whichever is higher

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

Sold through Karvy (for Karvy POA registered Account): ₹12 per instruction

For all other transactions ₹30 per instruction upto a value of ₹30,000 or part thereof, ₹10 for every additional value of ₹30,000 or part thereof, subject to Minimum of ₹30 and Maximum of ₹1000 per instruction;

For BSDA Accounts: ₹100 per instruction;

For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum ₹100 per instructio

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

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

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

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

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

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Failed Instruction Charges

₹10 per failed instruction.

₹100 per instruction

Other Charges -

₹100 per Demat Rejection

₹100 per Client Modification Request

₹100 per DIS Lost Request

₹100 per request for physical statements

Basic Details

Basic Details of Brokers

SBICAP Securities Ltd Karvy Stock Broking Ltd
eZ-trade Retail Brokerage Plan
Year of Incorporation 2006 1990
Active Exchange Memberships NSE, BSE NSE, BSE, MCX
Demat Services CDSL & NSDL NSDL & CDSL
Website http://www.sbismart.com www.karvyonline.com
Contact Details 18002099345 18004258283
Total Number of Clients 2,10,800+ 2,60,000+
Total Number of Branches 117 460+ branch offices

Charts and Data

Charts and Data

SBICAP Securities Ltd Karvy Stock Broking Ltd
eZ-trade Retail Brokerage Plan
Live data source NSE, BSE NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators 30 64+
No.of charts can be opened 4 4
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 Yes
End of Day historical data for charts 5 years Yes
Corporate action adjusted charts No No
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics No No
Price Ladder No No

Leverage

Leverage

SBICAP Securities Ltd Karvy Stock Broking Ltd
eZ-trade Retail Brokerage Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

SBICAP Securities Ltd Karvy Stock Broking Ltd
eZ-trade Retail Brokerage Plan
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) Yes Yes
After Market Orders (AMO) Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

SBICAP Securities Ltd Karvy Stock Broking Ltd
eZ-trade Retail Brokerage 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.50,000

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SBICAP Securities Ltd Karvy Stock Broking Ltd
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