Compare Zerodha vs SBICAP SecuritiesCompare Online Broker – Zerodha vs SBICAP Securities

SBICAPs: SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd which is one of the oldest players in the Indian Capital Market and has a dominant position in the Indian primary capital markets. SBI Capital enjoy benefit of Banking Broker.

SBI Capital Markets Ltd. commenced broking activities in March 2001 to fulfil the secondary market needs of Financial Institutions, FIIs, Mutual Funds, Banks, Corporates, High Network Industry, Non-residential Investors and Retail domestic investors.

SBICAP Securities Ltd. (SSL) is a company, which has been formed to take over the broking operations of SBI Capital Markets Ltd. SSL commenced operations in the first quarter of financial year of 2006-2007.

Pro:

  • 3 – in – 1 Account
  • Banking Broker
  • Benefit of highest Branches all over India
  • SBI Brand Trust

Cons:

  • 05% and 0.50 % highest Brokerage Charged
  • Higher Charges of Account Opening and AMC
  • Highest Charges of Margin Funding Facilities
  • Not up to the Mark Trading Software

Zerodha: Zerodha – Leading Discount Brokerage Company with 7 lacs active client base Zerodha is top 3 of in Indian Broking industry in Retail segment. In 2010 Zerodha started their operation with small period of time Company increased his presence in all over India.

Zerodha Headquarter in Bangalore and have more than 23 Branches all over India. With 1000 + customer support centre Zerodha ensure fastest Client service online.

Pro:

  • Zero Delivery Brokerage
  • 20 or 0.01% whichever is lower brokerage for other segment.
  • Best trading platform
    • Zerodha Kite – Web , Mobile
    • Zerodha Pi – Desktop Software
    • Kite – Connect – API base platform where you can plug your software and trade directly.
  • Zerodha Coin – Online direct mutual fund platform where you can save upto 28 lacs in 25 yr in commission
  • Zerodha Varsity – Open Education Platform where you can learn basic to proficient level education for stock market

Cons:

  • No Margin Funding Facilities
  • Online Support Center
  • No Advisory Services

Compare Brokerage charges between Zerodha vs SBICAP Securities

Compare right stock broker which suits your requirements its very tough task our comparison between Zerodha vs SBICAP Sec securities help you to find which Broker best for you

Best Broker Comparison – Zerodha vs SBICap Securities

Perticular Zerodha SBICap Sec
Incororation Year 2010 2001
Exchange NSE,BSE,MCX-SX & MCX NSE & BSE
Active Clients Oct – 17 332190 198556
Account Opening
Trading Account Opening Fee ₹ 200 ₹ 850
Brokerage Account AMC ₹ 0 ₹ 0
Demat Account Opening Fee ₹ 100 ₹ 0
Demat Account AMC * ₹ 300 ₹ 350
Brokerage 
Monthly Fee NA NA
Equity Delivery ₹0 (Zero) 0.30 – 0.50%
Equity Intraday ₹0.01% to maximum Rs 20 Per Order 0.3-0.05%
Equity Future ₹20 per order 0.05% to 0.03%
Equity Options ₹20 per order ₹100 per lot
Currency Futures ₹20 per order NA
Currency Options ₹20 per order NA
Commodity ₹20 per order NA
Turnover Charges
Equity Delivery ₹325 per crore NSE ₹380
Equity Intraday ₹325 per crore NSE ₹380
Equity Future * ₹210 per crore NSE ₹220
Equity Options * ₹5300 per crore NSE ₹5500
Currency Futures * ₹135 per crore NA
Currency Options ₹4400 per crore NA
Commodity MCX ₹270/Cr NA
Other Charges
Minimum Brokerage ₹N/A 0.05p For Eq
Call & Trade ₹20 per executed order ₹10 per trade
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) ₹13.5 per scrip 0.01%(Max 300)
Charting
Intraday 365 Days 5 Days ( NEST )
EOD 10 yr 5 Days ( NEST )
Coding YES NO

Indicator

YES NO
Research & Tips NO YES
Margin
Equity Intraday up to 20 times up to 5 times
Equity Delivery CASH AND CARRY up to 2 times
Future up to 7 times ( Intraday ) NO
Option Shorting 7 times ( Intraday ) NO
Currency Future 2 times intraday NA
Currency Option NA
Commodities 3 times intraday NA

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