Zerodha Vs SBI Securities (Compare Zerodha and SBI Securities)

Zerodha Vs SBI Securities

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 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.

	Zerodha	SBI Securities
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, BSE, MCX and NCDEX	BSE, NSE
Year of Incorporation	2010	2001
Number of Branches	22	117
	Open Zerodha Account

Zerodha Vs SBI Securities Charges & AMC

Zerodha trading account opening charges is Rs 0 while SBI Securities account opening changes is Rs 0. Zerodha Demat Account AMC Charges is Rs 300 and SBI Securities Demat Account AMC Charges is Rs 0.

	Zerodha	SBI Securities
Trading Account Opening Charges	Rs 0	Rs 0
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 300	Rs 0

Zerodha Vs SBI Securities Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order.

Account Type	Zerodha Flat Brokerage Plan	SBI Securities Suvidha
Fixed Charges
Equity Delivery	Rs 0 (Free)	0.50%
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	Rs 20 per order
Equity Futures	Rs 20 per executed order or .03% whichever is lower	0.05%
Equity Options	Rs 20 per executed order	Rs 50 per lot (sell and buy side)
Currency Futures	Rs 20 per executed order or .03% whichever is lower	Rs 20 per lot
Currency Options	Rs 20 per executed order	Rs 20 per lot
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	0.05%
Commodity Options	Rs 20 per executed order	Rs 50 (sell and buy side)
Special Offer	Special Offer: Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha 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.

Zerodha Charges Vs SBI Securities

Minimum Brokerage	0.03% in Intraday and F&O	Rs 0.05 for Cash, Rs 0.01 Future
Other Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 50 per executed order	Free
	Open Zerodha Account

Zerodha Vs SBI Securities Leverage (Margin)

Zerodha 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.

	Zerodha	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 Zerodha Account

Compare Zerodha and SBI Securities Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. SBI Securities offers SBI Smart Web, SBI Smart Mobile trading software.

	Zerodha	SBI Securities
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Kite Web, Kite Mobile for Android/iOS and Coin	SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time	Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close	2:45 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Direct Mutual Funds, APIs for Algo Trading
	Open Zerodha Account

Zerodha Vs SBI Securities Review

Zerodha is rated of 5 based on 491 customer reviews whereas SBI Securities is rated of 5 based on 165 customer reviews.

	Zerodha	SBI Securities
	491 Customer Reviews	165 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Zerodha is Rated 3.6 / 5 based on 491 customer reviews	SBI Securities is Rated 2.5 / 5 based on 165 customer reviews

Contact Broker / Request A Call Back

Zerodha Vs SBI Securities Investment Options

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

Zerodha Vs SBI Securities Order Type Offered

	Zerodha	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 Zerodha Account

Zerodha Vs SBI Securities Suitable For Investor Type

	Zerodha	SBI Securities
Casual Investor
Active Investor
Trader

Zerodha Vs SBI Securities - Pros and Cons

	Zerodha	SBI Securities
Pros	Free account opening for people under 25. India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.	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	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account.	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
Promo / Offers	Zerodha Special Offer Free Stock Trading and Mutual Funds Free account opening for everyone Zero brokerage on Equity Delivery trades Flat ₹20 per trade for Intraday and F&O Zero brokerage on Mutual Fund investments Trade with India's leading trading platform Limited-time offer! Open your instant Zerodha account online and start trading today.	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
	Open Zerodha Account