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 TradeSmart
TradeSmart is a Mumbai-based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmartFintech Securities Ltd, formerly registered as VNS Finance & Capital Services Ltd; is a traditional brokerage company incorporated in 1994 to offer brokerage services to Indian Stock, Commodity & Currency market investors and traders through franchisees and sub-brokers.
TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodi...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
SBI Securities | TradeSmart | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
Year of Incorporation | 2001 | 1994 |
Number of Branches | 117 | 1 |
Open TradeSmart Account |
SBI Securities trading account opening charges is Rs 0 while TradeSmart account opening changes is Free. SBI Securities Demat Account AMC Charges is Rs 0 and TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free).
SBI Securities | TradeSmart | |
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Trading Account Opening Charges | Rs 0 | Free |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Free |
Demat Account AMC Charges | Rs 0 | Rs 300 (1st Year Free) |
SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.
Account Type | SBI Securities Suvidha | TradeSmart Power Plan |
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Fixed Charges | NA | |
Equity Delivery | 0.50% | Rs 15 per order |
Equity Intraday | Rs 20 per order | Rs 15 per order |
Equity Futures | 0.05% | Rs 15 per order |
Equity Options | Rs 50 per lot (sell and buy side) | Rs 15 per order |
Currency Futures | Rs 20 per lot | Rs 15 per order |
Currency Options | Rs 20 per lot | Rs 15 per order |
Commodity Futures | 0.05% | Rs 15 per order |
Commodity Options | Rs 50 (sell and buy side) | Rs 15 per order |
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: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today. |
SBI Securities | TradeSmart | |
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Account Type | Suvidha | Value Plan |
Fixed Charges | NA | |
Equity Delivery | 0.50% | 0.07% |
Equity Intraday | Rs 20 per order | 0.007% |
Equity Futures | 0.05% | 0.007% |
Equity Options | Rs 50 per lot (sell and buy side) | Rs 7 Per Lot |
Currency Futures | Rs 20 per lot | 0.007% |
Currency Options | Rs 20 per lot | Rs 7 Per Lot |
Commodity Futures | 0.05% | 0.007% |
Commodity Options | Rs 50 (sell and buy side) | Rs 7 Per Lot |
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Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | Rs 15 per executed order |
Other Charges | Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order | |
Call & Trade Charges | Free | Rs 20 per executed order |
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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 TradeSmart margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
SBI Securities | TradeSmart | |
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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. TradeSmart offers Mobile trading app, Desktop trading application, Browser, APIs trading software.
SBI Securities | TradeSmart | |
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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 | Mobile trading app, Desktop trading application, Browser, APIs |
Intraday Square-off Time | 2:45 PM | Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | ||
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SBI Securities is rated of 5 based on 165 customer reviews whereas TradeSmart is rated of 5 based on 67 customer reviews.
SBI Securities | TradeSmart | |
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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. | Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today. |
SBI Securities | TradeSmart | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
SBI Securities | TradeSmart | |
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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 | TradeSmart | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
SBI Securities | TradeSmart | |
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Reviews | Useful Articles:
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Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| TradeSmart Special OfferFlat Rs 15 per trade (FREE Account Opening)
This is a limited-time offer. Open Instant TradeSmart Account online and start trading today. |
Open TradeSmart Account |