SBIcap Securities vs Yes Securities 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 Yes Securities
It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank Securities: An Overview
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
SBIcap Securities vs Yes Securities Account Opening Charges: 2024
| Charge | SBIcap Securities | Yes Securities |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹850 | ₹999 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹350 | ₹500 |
SBIcap Securities vs Yes Securities Brokerage Charges and Plans : 2024
| Charge | SBIcap Securities | Yes Securities |
|---|---|---|
| Plan Name | eZ-trade Plan | Invest Value Plan |
| Equity Delivery | 0.50% | 0.45% |
| Equity Intraday | 0.05% | 0.05% |
| Equity Futures | 0.05% | 0.05%, Intraday - 0.02% |
| Equity Options | ₹100 per lot | ₹75 per lot, Intraday - ₹25 per lot |
| Currency Futures | 0.03% | 0.05%, Intraday - 0.02% |
| Currency Options | ₹30 per lot | ₹75 per lot, Intraday - ₹25 per lot |
| Commodity Options | NA | N/A |
| Mutual Fund | N/A | N/A |
SBIcap Securities vs Yes Securities Margin / Exposure: 2024
| Segment | SBIcap Securities | Yes 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 |