SBI Securities vs Zerodha

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

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

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SBI Securities

Zerodha

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

SBICAP Securities Ltd Zerodha
eZ-trade Standard Plan
Trading Account Opening Fee ₹850 ₹200
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹350 ₹300
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

SBICAP Securities Ltd Zerodha
eZ-trade Standard Plan
Equity Delivery 0.50% ₹0
Equity Intraday 0.05% ₹20 or .01% whichever is lower
Equity Future 0.05% ₹20 or .01% whichever is lower
Equity Options ₹100 per lot ₹20 or .01% whichever is lower
Currency Futures 0.03% ₹20 or .01% whichever is lower
Currency Options ₹30 per lot ₹20 or .01% whichever is lower
Monthly Fee NA NA
Commodity NA ₹20 or .01% whichever is lower

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SBICAP Securities Ltd Zerodha
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Transaction Charges (Per Crore)

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

SBICAP Securities Ltd Zerodha
eZ-trade Standard Plan
Equity Delivery NSE ₹386 | BSE ₹384 NSE ₹325 | BSE ₹300
Equity Intraday NSE ₹386 | BSE ₹384 NSE ₹325 | BSE ₹300
Equity Future * NSE ₹221 NSE ₹190
Equity Options * NSE ₹5515 NSE ₹5000
Currency Futures * NSE ₹221 NSE ₹90 | BSE ₹22
Currency Options NSE ₹5515 NSE ₹70 | BSE ₹100

Other Charges

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

SBICAP Securities Ltd Zerodha
eZ-trade Standard Plan
Minimum Brokerage 5 paisa for Eq Cash | 1 paisa for Eq future NIL
Call & Trade ₹10 per call after first 30 free calls ₹20 per executed order
Stamp Duty * Charges as per the state of residence State-wise
DP Charges (on sell side) 0.01% (Minimum ₹21, Maximum ₹300) ₹13.5 per scrip
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

SBICAP Securities Ltd Zerodha
eZ-trade Standard Plan
Trading Platform ODIN, SBISMART web, desktop and desktop Pi, Kite, NEST
Placing orders through charts No Yes
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes No
Detailed Education Initiatives Yes Yes
Unique features & Offers Bubble maps. Financial maps Direct MFs, APIs
Referral Program No One month free offer to any one of their paid services

Demat Account Charges

Find charges for the best Demat Account for small investors

SBICAP Securities Ltd Zerodha
eZ-trade Standard Plan
Depository Service Provider CDSL & NSDL CDSL
Account Opening Fee

Nil

₹50 (POA Charges)

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

₹300 - Individual, ₹1000 - Non Individual

Dematerialisation Charges

₹5 per cert + ₹35 courier charges per request

₹150 per certificate (+ ₹100 Courier charges)

Rematerialisation Charges

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

₹150 per certificate + CDSL charges + ₹100 Courier charges

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

On market: ₹8+5.5 (CDSL charges)

Off market: 0.03% of ₹25 whichever is higher

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

₹20 + ₹12 per request (CDSL charges)

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

Nil

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

₹20

Failed Instruction Charges

₹10 per failed instruction.

₹50 per instruction

Other Charges -

Cheque Bounce- ₹350

Physical Statement - ₹50 (Courier charges)

Modification in CML - ₹25 per request

KRA Upload / Download - ₹50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

Basic Details

Basic Details of Brokers

SBICAP Securities Ltd Zerodha
eZ-trade Standard Plan
Year of Incorporation 2006 2010
Active Exchange Memberships NSE, BSE NSE, BSE, MCX
Demat Services CDSL & NSDL CDSL - Zerodha Securities Pvt Ltd
Website http://www.sbismart.com http://www.zerodha.com
Contact Details 18002099345 080-40402020
Total Number of Clients 2,10,800+ 8,00,000+
Total Number of Branches 117 22

Charts and Data

Charts and Data

SBICAP Securities Ltd Zerodha
eZ-trade Standard Plan
Live data source NSE, BSE Yes
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators 30 111
No.of charts can be opened 4 13
Live Scanners Yes Yes
Customizable screeners Yes Yes
Trading from charts Yes Yes
Compare Symbol performance on Chart No No
Options charts Yes Yes
Continuous futures charts Yes Yes
Intraday historical data for charts 5 days 365 days on Pi
End of Day historical data for charts 5 years 10 years on Pi
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 Zerodha
eZ-trade Standard Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

SBICAP Securities Ltd Zerodha
eZ-trade Standard 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 Zerodha
eZ-trade Standard Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.1,00,000 to Rs.3,00,000 Rs.11,000

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SBICAP Securities Ltd Zerodha
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