Compare Online Broker – Zerodha vs SBICAP Securities

SBICAPs: SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd which is one of the oldest players in the Indian Capital Market and has a dominant position in the Indian primary capital markets. SBI Capital enjoy benefit of Banking Broker.

SBI Capital Markets Ltd. commenced broking activities in March 2001 to fulfil the secondary market needs of Financial Institutions, FIIs, Mutual Funds, Banks, Corporates, High Network Industry, Non-residential Investors and Retail domestic investors.

SBICAP Securities Ltd. (SSL) is a company, which has been formed to take over the broking operations of SBI Capital Markets Ltd. SSL commenced operations in the first quarter of financial year of 2006-2007.

Zero Brokerage Demat Account

Pro:

3 – in – 1 Account
Banking Broker
Benefit of highest Branches all over India
SBI Brand Trust

Cons:

05% and 0.50 % highest Brokerage Charged
Higher Charges of Account Opening and AMC
Highest Charges of Margin Funding Facilities
Not up to the Mark Trading Software

Zerodha: Zerodha – Leading Discount Brokerage Company with 7 lacs active client base Zerodha is top 2 of in Indian Broking industry in Retail segment. In 2010 Zerodha started their operation with small period of time Company increased his presence in all over India.

Zerodha Headquarter in Bangalore and have more than 23 Branches all over India. With 1000 + customer support centre Zerodha ensure fastest Client service online.

Pro:

Zero Delivery Brokerage
20 or 0.01% whichever is lower brokerage for other segment.
Best trading platform
- Zerodha Kite – Web , Mobile
- Zerodha Pi – Desktop Software
- Kite – Connect – API base platform where you can plug your software and trade directly.
Zerodha Coin – Online direct mutual fund platform where you can save upto 28 lacs in 25 yr in commission
Zerodha Varsity – Open Education Platform where you can learn basic to proficient level education for stock market

Cons:

No Margin Funding Facilities
Online Support Center
No Advisory Services

Compare Brokerage charges between Zerodha vs SBICAP Securities

Compare right stock broker which suits your requirements its very tough task our comparison between Zerodha vs SBICAP Sec securities help you to find which Broker best for you

Best Broker Comparison – Zerodha vs SBICap Securities

Perticular	Zerodha	SBICap Sec
Incororation Year	2010	2001
Exchange	NSE,BSE,MCX-SX & MCX	NSE & BSE
Active Clients Jan – 19	847016	210073

Account Opening
Trading Account Opening Fee	₹ 200	₹ 850
Brokerage Account AMC	₹ 0	₹ 0
Demat Account Opening Fee	₹ 100	₹ 0
Demat Account AMC *	₹ 300	₹ 350

Brokerage
Monthly Fee	NA	NA
Equity Delivery	₹0 (Zero)	0.30 – 0.50%
Equity Intraday	₹0.01% to maximum Rs 20 Per Order	0.3-0.05%
Equity Future	₹20 per order	0.05% to 0.03%
Equity Options	₹20 per order	₹100 per lot
Currency Futures	₹20 per order	NA
Currency Options	₹20 per order	NA
Commodity	₹20 per order	NA

Turnover Charges
Equity Delivery	₹325 per crore	NSE ₹380
Equity Intraday	₹325 per crore	NSE ₹380
Equity Future *	₹210 per crore	NSE ₹220
Equity Options *	₹5300 per crore	NSE ₹5500
Currency Futures *	₹135 per crore	NA
Currency Options	₹4400 per crore	NA
Commodity	MCX ₹270/Cr	NA

Other Charges
Minimum Brokerage	₹N/A	0.05p For Eq
Call & Trade	₹20 per executed order	₹10 per trade
Stamp Duty *	Charges as per the state of residence	Charges as per the state of residence
DP Charges (on sell side)	₹13.5 per scrip	0.01%(Max 300)

Charting
Intraday	365 Days	5 Days ( NEST )
EOD	10 yr	5 Days ( NEST )
Coding	YES	NO
Indicator	YES	NO
Research & Tips	NO	YES

Margin
Equity Intraday	up to 20 times	up to 5 times
Equity Delivery	CASH AND CARRY	up to 2 times
Future	up to 7 times ( Intraday )	NO
Option	Shorting 7 times ( Intraday )	NO
Currency Future	2 times intraday	NA
Currency Option		NA
Commodities	3 times intraday	NA