About SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Securities portal is the flagship trading platform of the company. It allows both Resident Indians a...
About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.
AliceBlue offers one simple brokerage plan of Rs 20 for all segments to its customers. The equity delivery brokerage charges are Rs 20 per executed order or 2.5% whichever is lower. For all other segments, Alice Blue charges flat Rs 20 per executed order or 0.05%...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 0, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
SBI Securities | Alice Blue | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
Year of Incorporation | 2001 | 0 |
Number of Branches | 117 | 0 |
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SBI Securities trading account opening charges is Rs 0 while Alice Blue account opening changes is Rs 0. SBI Securities Demat Account AMC Charges is Rs 0 and Alice Blue Demat Account AMC Charges is Rs 400.
SBI Securities | Alice Blue | |
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Trading Account Opening Charges | Rs 0 | Rs 0 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 0 | Rs 400 |
SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order whereas Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and intraday is Rs 20 per order or 0.05% whichever is lower.
Account Type | SBI Securities Suvidha | Alice Blue Default |
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Fixed Charges | ||
Equity Delivery | 0.50% | Rs 20 per order or 2.5% whichever is lower |
Equity Intraday | Rs 20 per order | Rs 20 per order or 0.05% whichever is lower |
Equity Futures | 0.05% | Rs 20 per order or 0.05% whichever is lower |
Equity Options | Rs 50 per lot (sell and buy side) | Rs 20 per order |
Currency Futures | Rs 20 per lot | Rs 20 per order or 0.05% whichever is lower |
Currency Options | Rs 20 per lot | Rs 20 per order |
Commodity Futures | 0.05% | Rs 20 per order or 0.05% whichever is lower |
Commodity Options | Rs 50 (sell and buy side) | Rs 20 per order |
Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. |
Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | Rs 0 |
Other Charges | ||
Call & Trade Charges | Free | Rs 50 per executed order |
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SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
SBI Securities | Alice Blue | |
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Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
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The trading platforms offered SBI Securities include SBI Smart Web, SBI Smart Mobile. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.
SBI Securities | Alice Blue | |
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3 in 1 Account | ![]() | ![]() |
Automated Trading | ![]() | ![]() |
Margin Trading Funding | ![]() | ![]() |
Margin Against Shares (Equity Cash) | ![]() | ![]() |
Margin Against Shares (Equity F&O) | ![]() | ![]() |
Trading Platform | SBI Smart Web, SBI Smart Mobile | Front End: ANT | Back End: Omnesys NEST |
Intraday Square-off Time | 2:45 PM | Equity: 3:15PM |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | ||
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SBI Securities is rated of 5 based on 165 customer reviews whereas Alice Blue is rated of 5 based on 40 customer reviews.
SBI Securities | Alice Blue | |
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Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. |
SBI Securities | Alice Blue | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
SBI Securities | Alice Blue | |
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Bracket Order | ![]() | ![]() |
Cover Order | ![]() | ![]() |
Buy Today Sell Tomorrow (BTST) | ![]() | ![]() |
Sell Today Buy Tomorrow (STBT) | ![]() | ![]() |
After Market Order (AMO) | ![]() | ![]() |
Good Till Cancelled (GTC) | ![]() | ![]() |
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SBI Securities | Alice Blue | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
SBI Securities | Alice Blue | |
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Reviews | ||
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Alice Blue Special OfferFree Equity Delivery TradeTrade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today. |
Open Alice Blue Account |