SBI cap securities is the broking arm of the decades old and one of the top financial bodies SBI Capital Market ltd. Having the leverage of such an influential bank as a parent body, SBI Securities Ltd. or SSL is one of the leading stock brokers in India. They deal with a variety of depository participant (DP) services as well as equity, derivatives, broking and E-broking services to cater to both national and NRI clientele. SSL has been assigned the title of 'BQ1' (The Highest grade) by CRISIL for its operational qualities and services.
Founded in 2006 by Arun Mehta, SSL is a Mumbai-based Full service broker which offers trading in Equity delivery, Equity intraday, Commodity options, Equity futures, Equity options, Currency options and Currency futures. The minimum broking charge is Rs.10 per transaction.
It offers a 3-in-1 account feature, like other financial broking firms for direct
Groww is a leading mutual fund investment platform now widening its wings into the stock investing world as well. So, here we'll have an exclusive Groww Review covering its features, types of Demat account, brokerage plans and much more.
Brokerage firms offer various plans and services to make life in trading as seamless as possible. But for those who are willing to avail these have to open a Demat and trading account. For the same, choosing the appropriate stock broker is very essential. Groww is one of the many stock brokerage firms that offer stock trading opportunities. Let’s have a brief overview of the company and the trading and Demat account it provides.
Groww initially started as a mutual fund investment platform and was launched in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal. The company offers trading or investment opportunities in mutual funds and
Charge | SBIcap Securities | Groww |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹850 | ₹200 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹350 | ₹300 p.a. (wherein ₹25 charged quarterly) |
Charge | SBIcap Securities | Groww |
---|---|---|
Plan Name | eZ-trade Plan | Standard Plan |
Equity Delivery | 0.50% | ₹0 |
Equity Intraday | 0.05% | ₹20 or 0.01% of executed order value |
Equity Futures | 0.05% | N/A |
Equity Options | ₹100 per lot | N/A |
Currency Futures | 0.03% | N/A |
Currency Options | ₹30 per lot | N/A |
Commodity Options | NA | N/A |
Mutual Fund | N/A | N/A |
Segment | SBIcap Securities | Groww |
---|---|---|
Equity Delivery | 2x | N/A |
Equity Intraday | Upto 5x | N/A |
Equity Future | Nil | N/A |
Equity Options | Nil | N/A |
Currency Future | Nil | N/A |
Currency Options | Nil | N/A |
Commodity Future | N/A | N/A |
Commodity Options | N/A | N/A |