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 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 ...
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 Securities | Firstock | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE | BSE, NSE |
Year of Incorporation | 2001 | 2021 |
Number of Branches | 117 | |
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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 Securities | Firstock | |
---|---|---|
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 | Rs 0 (Free) |
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 Type | SBI Securities Suvidha | Firstock |
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Fixed Charges | ||
Equity Delivery | 0.50% | Rs 0 |
Equity Intraday | Rs 20 per order | Rs 20 per executed order |
Equity Futures | 0.05% | Rs 20 per order, 0.03% or whichever is lower |
Equity Options | Rs 50 per lot (sell and buy side) | Rs 20 per order, 0.03% or whichever is lower |
Currency Futures | Rs 20 per lot | |
Currency Options | Rs 20 per lot | |
Commodity Futures | 0.05% | |
Commodity Options | Rs 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. |
Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | Rs 20 |
Other Charges | ||
Call & Trade Charges | Free | Rs 50 |
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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 Firstock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
SBI Securities | Firstock | |
---|---|---|
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. Firstock offers Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web trading software.
SBI Securities | Firstock | |
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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 | Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web |
Intraday Square-off Time | 2:45 PM | 3:25 PM |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | APIs for Algo Trading | |
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SBI Securities is rated of 5 based on 165 customer reviews whereas Firstock is rated of 5 based on 1 customer reviews.
SBI Securities | Firstock | |
---|---|---|
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. |
SBI Securities | Firstock | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
SBI Securities | Firstock | |
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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 | Firstock | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
SBI Securities | Firstock | |
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Cons |
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Reviews | ||
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Firstock Special OfferUnlimited Trades @ ZERO Brokerage on Delivery trades
This is a limited-time offer. Open a Free Demat Account online and start trading today. |
Open Firstock Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O