SBIcap Securities vs Anand Rathi Comparison: 2024
About SBIcap Securities
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.
SBI Cap Securities: Overview
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
About Anand Rathi
Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
Anand Rathi: An Overview
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
SBIcap Securities vs Anand Rathi Account Opening Charges: 2024
| Charge | SBIcap Securities | Anand Rathi |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹550 (One time) |
| Trading Acc Opening Charges | ₹850 | ₹750 (One time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹350 | ₹299 from second year onward |
SBIcap Securities vs Anand Rathi Brokerage Charges and Plans : 2024
| Charge | SBIcap Securities | Anand Rathi |
|---|---|---|
| Plan Name | eZ-trade Plan | Standard Plan |
| Equity Delivery | 0.50% | 0.5% - 0.15% |
| Equity Intraday | 0.05% | 0.05% -0.015% |
| Equity Futures | 0.05% | 0.05% -0.015% |
| Equity Options | ₹100 per lot | ₹75 to ₹20 |
| Currency Futures | 0.03% | 0.05% -0.015% |
| Currency Options | ₹30 per lot | ₹75 to ₹20 |
| Commodity Options | NA | 0.008% - 0.05% |
| Mutual Fund | N/A | N/A |
SBIcap Securities vs Anand Rathi Margin / Exposure: 2024
| Segment | SBIcap Securities | Anand Rathi |
|---|---|---|
| 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 |