SBI Securities Vs Upstox (Compare SBI Securities and Upstox)

SBI Securities Vs Upstox

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

	SBI Securities	Upstox
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2001	2012
Number of Branches	117	4
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SBI Securities Vs Upstox Charges & AMC

SBI Securities trading account opening charges is Rs 0 while Upstox account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 0 and Upstox Demat Account AMC Charges is Rs 150.

	SBI Securities	Upstox
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 150

SBI Securities Vs Upstox Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type	SBI Securities Suvidha	Upstox Default
Fixed Charges		NA
Equity Delivery	0.50%	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Rs 20 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.05%	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 50 per lot (sell and buy side)	Rs 20 per executed order
Currency Futures	Rs 20 per lot	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 20 per lot	Rs 20 per executed order
Commodity Futures	0.05%	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Rs 50 (sell and buy side)	Rs 20 per executed 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 flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

SBI Securities Charges Vs Upstox

Minimum Brokerage	Rs 0.05 for Cash, Rs 0.01 Future	0.05%
Other Charges		Auto Square-off Charges: Rs 50
Call & Trade Charges	Free	Rs 20 per trade
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SBI Securities Vs Upstox Leverage (Margin)

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

	SBI Securities	Upstox
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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Compare SBI Securities and Upstox Features

The trading platforms offered SBI Securities include SBI Smart Web, SBI Smart Mobile. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

	SBI Securities	Upstox
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	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time	2:45 PM	3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features		Option strategy builder
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SBI Securities Vs Upstox Review

SBI Securities is rated of 5 based on 165 customer reviews whereas Upstox is rated of 5 based on 149 customer reviews.

	SBI Securities	Upstox
	165 Customer Reviews	149 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	SBI Securities is Rated 2.5 / 5 based on 165 customer reviews	Upstox is Rated 2.4 / 5 based on 149 customer reviews

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SBI Securities Vs Upstox Investment Options

	SBI Securities	Upstox
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

SBI Securities Vs Upstox Order Type Offered

	SBI Securities	Upstox
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 Vs Upstox Suitable For Investor Type

	SBI Securities	Upstox
Casual Investor
Active Investor
Trader

SBI Securities Vs Upstox - Pros and Cons

	SBI Securities	Upstox
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.	Zero account opening fee. Zero brokerage for Mutual Fund investment. Flat Rs 20 per trade brokerage for all other segments including equity delivery. Offer direct mutual funds. One app for trading in equity, currency, and commodity. Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available. Good-Till-Triggered (GTT) orders are available.
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.	Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades. Doesn't offer unlimited trading plans. Doesn't offer margin funding for delivery trades. Doesn't offer stock tips or recommendations. Doesn't offer a 3-in-1 account. Doesn't offer 24/7 customer support. Doesn't offer API access for automated trading. Doesn't offer NRI Trading and Demat account. Doesn't offer BTST Doesn't offer digital gold. Call-and-trade fee is Rs 20 per executed order extra. Automatic settlement charges an additional Rs 50 per executed order. Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
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. Open Instant Demat Account Read Reviews	Upstox Special Offer Exclusive offer by Upstox Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades. Pay Rs 0 commission for Mutual Funds. It is a limited-time offer. Open Instant Account and start trading the same day.
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