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
Finvasia, a financial services company providing a wide array of services in the the financial sector. With Finvasia Securities having its base in Chandigarh, it's an emerging platform to join the race of discount brokers in India.
Finvasia is an international wealth management and broking fintech company rapidly growing in the Indian arena. this technology-driven Firm offers a very diversified business model ranging from capital market advisory to commodity broking and everything in between. With the aim To promote direct investments, It currently operates in 14 countries including Australia, Brazil, Canada, London, and others. The Indian office of the broker is situated in Chandigarh.
Finvasia was founded by Ex-wall street professionals Sarvjeet Singh Virk and Tajinder Singh Virk in 2009 in Canada. The brother duo initially came to India as Foreign institutional investors(FII) but soon realized the need to create financial solutions for the Indian investor. The company provides
Charge | SBIcap Securities | Finvasia |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 (Free) |
Trading Acc Opening Charges | ₹850 | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹350 | ₹0 (Free) |
Charge | SBIcap Securities | Finvasia |
---|---|---|
Plan Name | eZ-trade Plan | Standard |
Equity Delivery | 0.50% | ₹0 |
Equity Intraday | 0.05% | ₹0 |
Equity Futures | 0.05% | ₹0 |
Equity Options | ₹100 per lot | ₹0 |
Currency Futures | 0.03% | ₹0 |
Currency Options | ₹30 per lot | ₹0 |
Commodity Options | NA | ₹0 |
Mutual Fund | N/A | N/A |
Segment | SBIcap Securities | Finvasia |
---|---|---|
Equity Delivery | 2x | 1x |
Equity Intraday | Upto 5x | Upto 10x |
Equity Future | Nil | 2x |
Equity Options | Nil | 1x |
Currency Future | Nil | 1x |
Currency Options | Nil | 1x |
Commodity Future | N/A | 2x |
Commodity Options | N/A | 1x |