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About Indiabulls Securities
Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019).
Indiabulls Securities Limited offers the user-friendly yet powerful and feature-rich online trading platforms (Power Indiabulls Desktop software, Web and Indiabulls Securities App).
ISL offers a wide range of financial and investment services tailored to meet the needs of individ... 
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...
Incorporated in 2003, Indiabulls Securities is a Discount Broker. It offers trading at BSE, NSE and MCX. It has branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.
| Indiabulls Securities | SBI Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE and MCX | BSE, NSE |
| Year of Incorporation | 2003 | 2001 |
| Number of Branches | 117 | |
| Open Indiabulls Securities Account |
Indiabulls Securities trading account opening charges is Free (NIL) while SBI Securities account opening changes is Rs 0. Indiabulls Securities Demat Account AMC Charges is Rs 300 and SBI Securities Demat Account AMC Charges is Rs 0.
| Indiabulls Securities | SBI Securities | |
|---|---|---|
| Trading Account Opening Charges | Free (NIL) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | |
| Demat Account Opening Charges | Free (NIL) | Rs 0 |
| Demat Account AMC Charges | Rs 300 | Rs 0 |
Indiabulls Securities brokerage charges for equity is Rs 11 per order or 2.5% whichever is lower and intraday is Rs 11 per order or 2.5% whichever is lower whereas SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order.
| Account Type | Indiabulls Securities Flat Fee Plan | SBI Securities Suvidha |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | 0.50% |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | Rs 20 per order |
| Equity Futures | Rs 11 per Executed order | 0.05% |
| Equity Options | Rs 11 per Executed order | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 11 per Executed order | Rs 20 per lot |
| Currency Options | Rs 11 per Executed order | Rs 20 per lot |
| Commodity Futures | Rs 11 per Executed order | 0.05% |
| Commodity Options | Rs 11 per Executed order | Rs 50 (sell and buy side) |
| Special Offer | Special Offer: Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities 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 11 | Rs 0.05 for Cash, Rs 0.01 Future |
| Other Charges | ||
| Call & Trade Charges | Rs 50 | Free |
| Open Indiabulls Securities Account |
Indiabulls Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SBI Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Indiabulls Securities | SBI Securities | |
|---|---|---|
| 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) |
| Open Indiabulls Securities Account |
The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. SBI Securities offers SBI Smart Web, SBI Smart Mobile trading software.
| Indiabulls Securities | SBI Securities | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls | SBI Smart Web, SBI Smart Mobile |
| Intraday Square-off Time | 3:15 PM | 2:45 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Indiabulls Securities Account |
Indiabulls Securities is rated of 5 based on 50 customer reviews whereas SBI Securities is rated of 5 based on 165 customer reviews.
| Indiabulls Securities | SBI Securities | |
|---|---|---|
50 Customer Reviews  | 165 Customer Reviews | |
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| Broker Rating | Indiabulls Securities is Rated 3.2 / 5 based on 50 customer reviews | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews |
| Indiabulls Securities | SBI Securities | |
|---|---|---|
| Contact Broker | Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities 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. |
| Indiabulls Securities | SBI Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Indiabulls Securities | SBI Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Indiabulls Securities Account |
| Indiabulls Securities | SBI Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Indiabulls Securities | SBI Securities | |
|---|---|---|
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| Promo / Offers | Indiabulls Securities Special Offer₹11 brokerage on trades across all segments
Open your instant Indiabulls account online and start trading today. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Indiabulls Securities Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Indiabulls Securities Account
