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FundsIndia Vs SBI Securities
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Here is a point by point comparison of FundsIndia Vs SBI Securities.
FundsIndia Vs SBI Securities Comparison
SBI Securities is a bank based full-service 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.
FundsIndia, on the other hand, is an investment services firm which was incorporated back in the year 2009. Primarily know for mutual funds, this stockbroker also allows you to trade in Equities and few other investment products at low cost.
Discount brokers such as FundsIndia or SBI Securities offer trading services at much cheaper brokerage rates and reasonable customer service. To make things easy for you, we have listed out the comparison between FundsIndia Vs SBI Securities 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.
 |  | |
| FundsIndia Review | SBI Securities Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 2009 | 2006 |
| Number of branches across India | 1 | 114 |
| Exchanges | SEBI | NSE, BSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹200 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹850 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹350 |
| Transaction Charges | FundsIndia Transaction Charges | SBI Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | Min. ₹6, Max ₹20 | 0.5% |
| Intraday Delivery | Min. ₹6, Max ₹20 | 0.05% |
| Equity Futures | Min. ₹6, Max ₹20 | 0.05% |
| Equity Options | Min. ₹6, Max ₹20 | ₹100 per lot |
| Currency Futures | NA | 0.03% |
| Currency Options | NA | ₹30 per lot |
| Commodity | NA | NA |
| Brokerage Calculator | FundsIndia Brokerage Calculator | SBI Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5 Times | Upto 10 times for Intraday, Upto 3 times for Delivery |
| Equity Futures | Upto 5 Times | Upto 3 times for Intraday |
| Equity Options | Upto 5 Times | Upto 3 times for Intraday |
| Currency Futures | NA | Upto 3 times for Intraday |
| Currency Options | NA | Upto 3 times for Intraday |
| Commodities | NA | 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) | FundsIndia Web, FundsIndia Mobile App | SBI Smart Express, SBI Smart Web, SBI Smart Mobile App |
| Total BSE+NSE Complaints | 0.02% | 62 |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with FundsIndia Vs SBI Securities for the benefits of other readers? Please feel free to share in the comments below.
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FundsIndia Vs SBI Securities
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