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
Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.
Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform.
Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading.
They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly
Charge | SBIcap Securities | Trade Smart Online |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹200 |
Trading Acc Opening Charges | ₹850 | ₹200 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹350 | ₹300 |
Charge | SBIcap Securities | Trade Smart Online |
---|---|---|
Plan Name | eZ-trade Plan | Power Trading Plan |
Equity Delivery | 0.50% | ₹15 per executed order |
Equity Intraday | 0.05% | ₹15 per executed order |
Equity Futures | 0.05% | ₹15 per executed order |
Equity Options | ₹100 per lot | ₹15 per executed order |
Currency Futures | 0.03% | ₹15 per executed order |
Currency Options | ₹30 per lot | ₹15 per executed order |
Commodity Options | NA | ₹15 per executed order |
Mutual Fund | N/A | N/A |
Segment | SBIcap Securities | Trade Smart Online |
---|---|---|
Equity Delivery | 2x | 1x (No Margin) |
Equity Intraday | Upto 5x | Upto 30x |
Equity Future | Nil | MIS: 3X | BO: 7X | CO: 7X |
Equity Options | Nil | MIS: 3X | BO: 7X | CO: 7X |
Currency Future | Nil | MIS: 3X | BO: 3X | CO: 3X |
Currency Options | Nil | MIS: 3X |
Commodity Future | N/A | MIS: 2X | BO: 6X | CO: 6X |
Commodity Options | N/A | N/A |