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SBI Securities Vs Karvy Online
| | Broker Comparison, Trading | No Comments
Karvy Online Vs Trade Smart Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
SBI Securities Vs Karvy Online Comparison
Here is a point by point comparison of SBI Securities Vs Karvy Online.
Karvy Online is the broking arm of Karvy Group and has a presence across 400 cities of India. It is involved not only in retail broking but also has a prominent name in institutional and corporate investments.
Incorporated in 1985, Karvy today has a membership with BSE, NSE, MCX-SX, MCX and NCDEX and is one of the top 10 stock brokers in India.
SBI Securities is a bank based stockbroker and is the trading arm of SBI (State Bank of India). Established in 2006, SBI Securities is one of the trustable brands in India, however, it has quite a lot of room to improve in the kind of values it brings to the table.
Full-service brokers such as Karvy Online or SBI Securities will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between SBI Securities Vs Karvy Online to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
SBI Securities Vs Karvy Online Compare
 |  | |
| Karvy Online Review | SBI Securities Review | |
| OVERVIEW | ||
| Broker Type | Full Service | Full Service |
| Incorporated In the Year | 1985 | 2006 |
| Number of branches across India | 400 | 114 |
| Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | NSE, BSE |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹420 | ₹850 |
| Demat Account Annual Maintenance Charges | ₹500 (FREE for first year) | ₹350 |
| Transaction Charges | Karvy Online Transaction Charges | SBI Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% | 0.5% |
| Intraday Delivery | 0.03% | 0.05% |
| Equity Futures | 0.03% | 0.05% |
| Equity Options | ₹30 per lot | ₹100 per lot |
| Currency Futures | 0.03% | 0.03% |
| Currency Options | ₹30 per lot | ₹30 per lot |
| Commodity | 0.03% | NA |
| Brokerage Calculator | Karvy Online Brokerage Calculator | SBI Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 20 times, 0 for Delivery | Upto 10 times for Intraday, Upto 3 times for Delivery |
| Equity Futures | Upto 4 times for Intraday | Upto 3 times for Intraday |
| Equity Options | No Leverage for buying, upto 4 times for Shorting Intraday | Upto 3 times for Intraday |
| Currency Futures | No Leverage | Upto 3 times for Intraday |
| Currency Options | No Leverage | Upto 3 times for Intraday |
| Commodities | Upto 4 times for Intraday | NA |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | |  |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | NEST, Karvy Web, Trade Mobile App | SBI Smart Express, SBI Smart Web, SBI Smart Mobile App |
| Total BSE+NSE Complaints | 229 | 62 |
| OVERALL RATING |  | |
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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SBI Securities Vs Karvy Online
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