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 Anand Rathi
Incorporated in 1994, Anand Rathi is one of the leading financial and investment service providers in India. Anand Rathi is a full-service broker. It offers a wide range of investment services including broking services for equities, commodities, IPOs, currency, derivatives, structure products, bonds and smart baskets.
Anand Rathi also offers insurance, corporate deposits and loans, portfolio management, research and advisory, margin funding, loan against shares, etc. There are no charges on ad...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India.
SBI Securities | Anand Rathi | |
---|---|---|
Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE | NSE, BSE, MCX, & NCDEX |
Year of Incorporation | 2001 | 1994 |
Number of Branches | 117 | 1200 |
SBI Securities trading account opening charges is Rs 0 while Anand Rathi account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 0 and Anand Rathi Demat Account AMC Charges is 450 + GST 18% = 532 (1st year free).
SBI Securities | Anand Rathi | |
---|---|---|
Trading Account Opening Charges | Rs 0 | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
Demat Account AMC Charges | Rs 0 | 450 + GST 18% = 532 (1st year free) |
SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order whereas Anand Rathi brokerage charges for equity is 0.20% and intraday is 0.02%.
Account Type | SBI Securities Suvidha | Anand Rathi Standard Plan |
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Fixed Charges | NA | |
Equity Delivery | 0.50% | 0.20% |
Equity Intraday | Rs 20 per order | 0.02% |
Equity Futures | 0.05% | 0.02% |
Equity Options | Rs 50 per lot (sell and buy side) | Rs 50 per lot |
Currency Futures | Rs 20 per lot | 0.02% |
Currency Options | Rs 20 per lot | Rs 20 per lot |
Commodity Futures | 0.05% | 0.02% |
Commodity Options | Rs 50 (sell and buy side) | Rs 100 per lot |
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. | 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. |
Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | Rs 25 |
Other Charges | ||
Call & Trade Charges | Free | Rs 0 (Free) |
SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Anand Rathi margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
SBI Securities | Anand Rathi | |
---|---|---|
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) |
The trading platforms offered SBI Securities include SBI Smart Web, SBI Smart Mobile. Anand Rathi offers TradeMobi, Trade Xpress+ and Tr@de X’pro trading software.
SBI Securities | Anand Rathi | |
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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 | TradeMobi, Trade Xpress+ and Tr@de X’pro |
Intraday Square-off Time | 2:45 PM | 3:15 PM |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | ||
SBI Securities is rated of 5 based on 165 customer reviews whereas Anand Rathi is rated of 5 based on 18 customer reviews.
SBI Securities | Anand Rathi | |
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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. | 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. |
SBI Securities | Anand Rathi | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
SBI Securities | Anand Rathi | |
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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) | ![]() | ![]() |
SBI Securities | Anand Rathi | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
SBI Securities | Anand Rathi | |
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Reviews | ||
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O