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
Kotak Mahindra Bank is a renowned bank that has well-established itself in the country and a pioneer in embracing newer technological implementations in the banking sector. It has thrived in offering surplus services and features to its customers to simplify the overall banking process.
With this, Kotak Mahindra also offers Kotak Securities, a subsidiary under its name that provides traders and investors alike to trade in the Stock Market. As a broker, it provides quite an impressive array of features and services, which does come in handy while trading and investing in the stock market.
Established in 1994 in Mumbai, Kotak Securities comes under Kotak Mahindra Bank and offers services related to investing and trading in the stock market. Financial services are also included. The bank is targeted primarily towards India and has a broad chain of outlets that spans 1209 branches handling well
Charge | SBIcap Securities | Kotak Securities |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹850 | ₹750 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹350 | ₹600 per year |
Charge | SBIcap Securities | Kotak Securities |
---|---|---|
Plan Name | eZ-trade Plan | Fixed Brokerage Plan |
Equity Delivery | 0.50% | 0.49% |
Equity Intraday | 0.05% | 0.049% (both side) |
Equity Futures | 0.05% | 0.049% (both side) |
Equity Options | ₹100 per lot | ₹300 per lot |
Currency Futures | 0.03% | N/A |
Currency Options | ₹30 per lot | N/A |
Commodity Options | NA | Futures 0.070% |
Mutual Fund | N/A | N/A |
Segment | SBIcap Securities | Kotak Securities |
---|---|---|
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 |