Mirae Asset Sharekhan Vs SBI Securities (Compare Mirae Asset Sharekhan and SBI Securities)

Mirae Asset Sharekhan Vs SBI Securities

Incorporated in 2000, Mirae Asset Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 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.

	Mirae Asset Sharekhan	SBI Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE
Year of Incorporation	2000	2001
Number of Branches	2800	117

Mirae Asset Sharekhan Vs SBI Securities Charges & AMC

Mirae Asset Sharekhan trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 0. Mirae Asset Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and SBI Securities Demat Account AMC Charges is Rs 0.

	Mirae Asset Sharekhan	SBI Securities
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 400 (Free for 1st year)	Rs 0

Mirae Asset Sharekhan Vs SBI Securities Brokerage

Mirae Asset Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order.

Account Type	Mirae Asset Sharekhan Classic Account	SBI Securities Suvidha
Fixed Charges
Equity Delivery	0.30% on market rate or minimum 1 paisa per share	0.50%
Equity Intraday	0.02% on market rate or minimum 1 paisa per share	Rs 20 per order
Equity Futures	0.02% per transaction value	0.05%
Equity Options	Rs 39 per lot	Rs 50 per lot (sell and buy side)
Currency Futures	0.02% per transaction value	Rs 20 per lot
Currency Options	Rs 5 per lot	Rs 20 per lot
Commodity Futures	0.02%	0.05%
Commodity Options	Rs 20 per lot	Rs 50 (sell and buy side)
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Mirae Asset Sharekhan Vs SBI Securities Brokerage Plan 2

	Mirae Asset Sharekhan	SBI Securities
Account Type	Prepaid - Rs 1 Lakh	Suvidha
Fixed Charges	Rs 1,00,000 per year
Equity Delivery	0.10%	0.50%
Equity Intraday	0.015%	Rs 20 per order
Equity Futures	0.015%	0.05%
Equity Options	0.05% or Rs 63 per lot	Rs 50 per lot (sell and buy side)
Currency Futures	0.02% per transaction value	Rs 20 per lot
Currency Options	Rs 5 per lot	Rs 20 per lot
Commodity Futures	0.02%	0.05%
Commodity Options	Rs 20 per lot	Rs 50 (sell and buy side)

Mirae Asset Sharekhan Vs SBI Securities Brokerage Plan 3

	Mirae Asset Sharekhan	SBI Securities
Account Type	Margin - Rs 1 Lakh	Suvidha
Fixed Charges	Rs 1,00,000 margin
Equity Delivery	0.25%	0.50%
Equity Intraday	0.05%	Rs 20 per order
Equity Futures	0.05%	0.05%
Equity Options	1% or Rs 70 per lot	Rs 50 per lot (sell and buy side)
Currency Futures	0.02% per transaction value	Rs 20 per lot
Currency Options	Rs 5 per lot	Rs 20 per lot
Commodity Futures	0.02%	0.05%
Commodity Options	Rs 20 per lot	Rs 50 (sell and buy side)

Mirae Asset Sharekhan Charges Vs SBI Securities

Minimum Brokerage	Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share	Rs 0.05 for Cash, Rs 0.01 Future
Other Charges
Call & Trade Charges	Rs 20	Free

Mirae Asset Sharekhan Vs SBI Securities Leverage (Margin)

Mirae Asset Sharekhan 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.

	Mirae Asset Sharekhan	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)

Compare Mirae Asset Sharekhan and SBI Securities Features

The trading platforms offered Mirae Asset Sharekhan include TradeTiger, Sharekhan Mobile. SBI Securities offers SBI Smart Web, SBI Smart Mobile trading software.

	Mirae Asset Sharekhan	SBI Securities
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	TradeTiger, Sharekhan Mobile	SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time	3:30 PM	2:45 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Pattern finder, Class room training

Mirae Asset Sharekhan Vs SBI Securities Review

Mirae Asset Sharekhan is rated of 5 based on 316 customer reviews whereas SBI Securities is rated of 5 based on 165 customer reviews.

	Mirae Asset Sharekhan	SBI Securities
	316 Customer Reviews	165 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews	SBI Securities is Rated 2.5 / 5 based on 165 customer reviews

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Mirae Asset Sharekhan Vs SBI Securities Investment Options

	Mirae Asset Sharekhan	SBI Securities
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Mirae Asset Sharekhan Vs SBI Securities Order Type Offered

	Mirae Asset Sharekhan	SBI Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)

Mirae Asset Sharekhan Vs SBI Securities Suitable For Investor Type

	Mirae Asset Sharekhan	SBI Securities
Casual Investor
Active Investor
Trader

Mirae Asset Sharekhan Vs SBI Securities - Pros and Cons

	Mirae Asset Sharekhan	SBI Securities
Pros	Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them. Sharekhan offers online and classroom training, seminars and workshops to investors. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood. Call & Trade facility is free with Sharekhan. Sharekhan allows fixed deposits as collateral for future and option trading.	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.
Cons	Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services. Classic account holders cannot trade Commodities, as the segment has to be activated separately. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.	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.
Reviews
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