SBIcap Securities vs Upstox 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 Upstox

Upstox, another name to be included in the list of fastest growing discount brokers in India. We wonder, how much longer the list of stock brokers in India will eventually get. Every other day you hear a lot of new entrants, or existing players modifying their strategies to survive and succeed in the stock broking world.

Uptstox, formerly known as RKSV Securites, is one of the biggest discount brokers in India, funded by the likes of  Ratan Tata, Kalaari Capital and GVK Davix, making the firm a dependable and safe broker for all of your investment and trading needs. Based out of Mumbai, Upstox is a wide-range broker. This stock broking platform offers a huge range of trading products and services.

Using Upstox has huge advantages, especially for traders, given its plans and cheap brokerage despite volume. Also, Upstox also offers one of the quickest trading terminals, which, any trader could tell

SBIcap Securities vs Upstox Account Opening Charges: 2024

ChargeSBIcap SecuritiesUpstox
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹850₹249
Trading Account AMC₹0₹0
Demat Account AMC₹350₹300 per year (paid monthly)

SBIcap Securities vs Upstox Brokerage Charges and Plans : 2024

ChargeSBIcap SecuritiesUpstox
Plan NameeZ-trade PlanBasic
Equity Delivery0.50%₹0 (FREE)
Equity Intraday0.05%₹20 per trade or 0.05% (whichever is lower)
Equity Futures0.05%₹20 per trade or 0.05% (whichever is lower)
Equity Options₹100 per lot₹20 per trade or 0.05% (whichever is lower)
Currency Futures0.03%₹20 per trade or 0.05% (whichever is lower)
Currency Options₹30 per lot₹20 per trade or 0.05% (whichever is lower)
Commodity OptionsNA₹20 per trade or 0.05% (whichever is lower)
Mutual FundN/AN/A

SBIcap Securities vs Upstox Margin / Exposure: 2024

SegmentSBIcap SecuritiesUpstox
Equity Delivery2x1x (no margin)
Equity IntradayUpto 5xBasic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x
Equity FutureNilBasic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x
Equity OptionsNilBasic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x
Currency FutureNilBasic:4x | Priority:4x | Basic CO:4x | Priority CO:5x
Currency OptionsNilBasic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x
Commodity FutureN/ABasic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Commodity OptionsN/AN/A

SBIcap Securities vs Upstox Currency Charges and Plans: 2024

SBIcap Securities charge 0.03% for Currency Futures and ₹30 per lot for Currency Options whereas Upstox Charges ₹20 per trade or 0.05% (whichever is lower) for Currency futures and ₹20 per trade or 0.05% (whichever is lower) for Currency options.

SBIcap Securities vs Upstox Commodity Charges and Plans: 2024

SBIcap Securities charge NA for commodity and Upstox charge ₹20 per trade or 0.05% (whichever is lower) for commodity.
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