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.
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About Arihant Capital
Established in 1992, Arihant Capital Markets Limited is a relationship-driven financial services firm with a wide physical presence across India. Its offerings extend beyond trading to include long-term investment and wealth solutions across equities, derivatives, mutual funds, fixed income, PMS, and specialised services for HNIs and NRIs.
Backed by institutional-grade research, portfolio reportin...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 1992, Arihant Capital is a Full Service Broker. It offers trading at BSE, NSE. It has 700 branches across India.
| Â | SBI Securities | Arihant Capital |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE |
| Year of Incorporation | 2001 | 1992 |
| Number of Branches | 117 | 700 |
SBI Securities trading account opening charges is Rs 0 while Arihant Capital account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 0 and Arihant Capital Demat Account AMC Charges is 1st year Nil; from 2nd year onwards Rs 362 p.a..
| Â | SBI Securities | Arihant Capital |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 0 | 1st year Nil; from 2nd year onwards Rs 362 p.a. |
SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order whereas Arihant Capital brokerage charges for equity is Rs 20 per order | 0.03% (whichever is lower) and intraday is Rs 20 per order | 0.03% (whichever is lower).
| Account Type | SBI Securities Suvidha | Arihant Capital |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.50% | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Intraday | Rs 20 per order | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Futures | 0.05% | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Options | Rs 50 per lot (sell and buy side) | Rs 50 per lot |
| Currency Futures | Rs 20 per lot | 0.01% of order value |
| Currency Options | Rs 20 per lot | Rs 10 per lot |
| Commodity Futures | 0.05% | MCX: 0.02% order value NCDEX: 0.02% order value |
| Commodity Options | Rs 50 (sell and buy side) | MCX: Rs 50 per lot NCDEX: Rs 20 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 20 |
| Other Charges | Online Bank Transfer Charges Rs 0 | |
| Call & Trade Charges | Free | Rs 0 |
SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Arihant Capital margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Â | SBI Securities | Arihant Capital |
|---|---|---|
| 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. Arihant Capital offers ArihantPlus App trading software.
| Â | SBI Securities | Arihant Capital |
|---|---|---|
| 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 | ArihantPlus App |
| Intraday Square-off Time | 2:45 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
SBI Securities is rated of 5 based on 165 customer reviews whereas Arihant Capital is rated of 5 based on 0 customer reviews.
| Â | SBI Securities | Arihant Capital |
|---|---|---|
|  | 165 Customer Reviews     | 0 Customer Reviews    |
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| Broker Rating | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews | Arihant Capital is Rated / 5 based on 0 customer reviews |
| Â | SBI Securities | Arihant Capital |
|---|---|---|
| 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. |
| Â | SBI Securities | Arihant Capital |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Â | SBI Securities | Arihant Capital |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Â | SBI Securities | Arihant Capital |
|---|---|---|
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| Â | SBI Securities | Arihant Capital |
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| 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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