SBIcap Securities vs Sharekhan 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 Sharekhan
One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).
Sharekhan: Overview
Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.
Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis
SBIcap Securities vs Sharekhan Account Opening Charges: 2024
| Charge | SBIcap Securities | Sharekhan |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹850 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹350 | ₹400 (Free for 1st year with trading account) |
SBIcap Securities vs Sharekhan Brokerage Charges and Plans : 2024
| Charge | SBIcap Securities | Sharekhan |
|---|---|---|
| Plan Name | eZ-trade Plan | Classic Account |
| Equity Delivery | 0.50% | 0.50% |
| Equity Intraday | 0.05% | 0.10% |
| Equity Futures | 0.05% | 0.10% |
| Equity Options | ₹100 per lot | ₹50 per lot |
| Currency Futures | 0.03% | 0.10% |
| Currency Options | ₹30 per lot | ₹30 per lot |
| Commodity Options | NA | 0.03% |
| Mutual Fund | N/A | N/A |
SBIcap Securities vs Sharekhan Margin / Exposure: 2024
| Segment | SBIcap Securities | Sharekhan |
|---|---|---|
| Equity Delivery | 2x | Upto 5x |
| Equity Intraday | Upto 5x | Upto 10x |
| Equity Future | Nil | 2x |
| Equity Options | Nil | Nil |
| Currency Future | Nil | Nil |
| Currency Options | Nil | Nil |
| Commodity Future | N/A | Upto 2x |
| Commodity Options | N/A | N/A |