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SBI Securities Logo

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... Know more about SBI Securities

Firstock Logo

About Firstock
Incorporated in 2021, Firstock Broking Private Limited is a next-generation investment and trading platform revolutionising discount broking in India through technology-led innovation. Firstock is built on a vision to make financial services more accessible, efficient, and user-friendly. With a strong focus on a customer-centric and tech-first approach, the platform simplifies the trading experience through an intuitive and self-educating interface. Trusted by over 25,000 active users, Firstock ... Know more about Firstock

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SBI Securities Vs Firstock

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 2021, Firstock is a Discount Broker. It offers trading at BSE, NSE. It has branches across India.

 SBI SecuritiesFirstock
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSEBSE, NSE
Year of Incorporation20012021
Number of Branches117
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SBI Securities Vs Firstock Charges & AMC

SBI Securities trading account opening charges is Rs 0 while Firstock account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 0 and Firstock Demat Account AMC Charges is Rs 0 (Free).

 SBI SecuritiesFirstock
Trading Account Opening ChargesRs 0Rs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0 (Free)
Demat Account Opening ChargesRs 0Rs 0 (Free)
Demat Account AMC ChargesRs 0Rs 0 (Free)

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SBI Securities Vs Firstock Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order whereas Firstock brokerage charges for equity is Rs 0 and intraday is Rs 20 per executed order.

Account TypeSBI Securities SuvidhaFirstock
Fixed Charges
Equity Delivery0.50%Rs 0
Equity IntradayRs 20 per orderRs 20 per executed order
Equity Futures0.05%Rs 20 per order, 0.03% or whichever is lower
Equity OptionsRs 50 per lot (sell and buy side)Rs 20 per order, 0.03% or whichever is lower
Currency FuturesRs 20 per lot
Currency OptionsRs 20 per lot
Commodity Futures0.05%
Commodity OptionsRs 50 (sell and buy side)
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: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

SBI Securities Charges Vs Firstock

Minimum BrokerageRs 0.05 for Cash, Rs 0.01 FutureRs 20
Other Charges
Call & Trade ChargesFreeRs 50
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SBI Securities Vs Firstock Leverage (Margin)

SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Firstock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 SBI SecuritiesFirstock
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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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Compare SBI Securities and Firstock Features

The trading platforms offered SBI Securities include SBI Smart Web, SBI Smart Mobile. Firstock offers Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web trading software.

 SBI SecuritiesFirstock
3 in 1 AccountYesNo
Automated TradingNoYes
Margin Trading FundingNoNo
Margin Against Shares (Equity Cash)NoYes
Margin Against Shares (Equity F&O)NoYes
Trading PlatformSBI Smart Web, SBI Smart MobileFirstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web
Intraday Square-off Time2:45 PM3:25 PM
Trading In SME Shares Allowed?NoYes
Referral ProgramNoYes
Other Features⁠⁠APIs for Algo Trading
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SBI Securities Vs Firstock Review

SBI Securities is rated of 5 based on 165 customer reviews whereas Firstock is rated of 5 based on 1 customer reviews.

 SBI SecuritiesFirstock
 165 Customer Reviews    Rate SBI Securities1 Customer Reviews    Rate Firstock
FeesRated 3.0 starsRated 3.0 stars
BrokerageRated 2.6 starsRated 3.0 stars
Trading PlatformRated 2.6 starsRated 3.0 stars
Customer ServiceRated 2.7 starsRated 3.0 stars
Research CapabilitiesRated 2.4 starsRated 3.0 stars
Overall RatingRated 2.5 starsRated 3.0 stars
Broker RatingSBI Securities is Rated 2.5 / 5 based on 165 customer reviewsFirstock is Rated 3.0 / 5 based on 1 customer reviews

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Contact Broker / Request A Call Back

 SBI SecuritiesFirstock
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.
Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

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SBI Securities Vs Firstock Investment Options

 SBI SecuritiesFirstock
Stock / EquityYesYes
CommodityNoNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesNo

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SBI Securities Vs Firstock Order Type Offered

 SBI SecuritiesFirstock
Bracket OrderNoNo
Cover OrderYesNo
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)NoYes
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)NoNo
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SBI Securities Vs Firstock Suitable For Investor Type

 SBI SecuritiesFirstock
Casual InvestorYesYes
Active InvestorNoYes
TraderNoYes

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SBI Securities Vs Firstock - Pros and Cons

 SBI SecuritiesFirstock
Pros
  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.
  • Single-View Dashboard – Access key market data at a glance: index levels, highs & lows, P/E, P/B, dividend yield, put-call ratio, futures, and synthetic futures.
  • Complete Portfolio View – Track P&L, invested/current value, available & used margin, open positions, and sector-wise holdings snapshot.
  • Indices Tab – Stay updated with Nifty, Bank Nifty, and more; view daily/weekly/monthly performance and live market depth.
  • Quick Market Analysis – Assess trends instantly for better trading decisions.
  • One-Click Options Strategies – Execute Straddle or Strangle quickly by selecting strike range and auto-filling orders for fast, error-free execution.
  • Basket Orders – Use predefined or custom multi-leg strategies (e.g., Iron Condor, Straddle).
  • Advanced Strategy Tools – Review, sequence, check payoff charts, verify margin needs, and execute in one click.
  • Reusable Strategies – Save and apply strategies to any instrument later.
  • Clutter-Free Interface – Only the data you need, presented simply.
Cons
  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.
  • Businesses, partnerships, and non-resident Indians (NRIs) have to open accounts offline (in person or via mail).
  • Rs 20 charge for orders like buybacks or delistings.
  • No Currency/Commodity Trading.
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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Firstock Special Offer

Unlimited Trades @ ZERO Brokerage on Delivery trades

  • Rs 0 brokerage on Delivery.
  • Rs 20 per executed order on F&O and Intraday.

This is a limited-time offer. Open a Free Demat Account online and start trading today.

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