SBI Securities Vs Astha Trade
| |SBI Securities Vs Astha Trade 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 Astha Trade Comparison
Here is a point by point comparison of SBI Securities Vs Astha Trade.
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.
Astha Trade is a discount stock broker based out of Bhopal and has a presence in more than 100 locations across the country. Although it’s a full-service broker, its brokerage charges are reasonable and offer a wide range of trading platforms.
Full-service brokers such as SBI Securities will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Discount brokers such as Astha Trades offer trading services at much cheaper brokerage rates and reasonable customer service.
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 Astha Trade 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
SBI Securities Vs Astha Trade Details
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 Review | Astha Trade Review | |
OVERVIEW | ||
Incorporated In the Year | 2006 | 2005 |
Number of branches across India | 114 | 100+ |
Exchanges | NSE, BSE | NSE, MCX-SX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹500 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹850 | ₹300 |
Demat Account Annual Maintenance Charges | ₹350 | ₹0 |
Transaction Charges | SBI Securities Transaction Charges | Astha Trade Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.5% | 0.1% |
Intraday Delivery | 0.05% | 0.01% |
Equity Futures | 0.05% | 0.01% |
Equity Options | ₹100 per lot | ₹10 per lot |
Currency Futures | 0.03% | 0.01% |
Currency Options | ₹30 per lot | ₹10 per lot |
Commodity | NA | 0.01% |
Brokerage Calculator | SBI Securities Brokerage Calculator | Astha Trade Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, Upto 3 times for Delivery | Upto 40 times for Intraday, 4 times for Delivery |
Equity Futures | Upto 3 times for Intraday | 10 times for Intraday |
Equity Options | Upto 3 times for Intraday | 7 times for Intraday |
Currency Futures | Upto 3 times for Intraday | 3 times for Intraday |
Currency Options | Upto 3 times for Intraday | 2 times for Intraday |
Commodities | NA | Depending on the Commodity |
Brokerage Calculator | SBI Securities Brokerage Calculator | |
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) | SBI Smart Express, SBI Smart Web, SBI Smart Mobile App | ODIN Diet, iWin Mobile, FinTech Web, NSE Now, NSE Mobile, Bhav Terminal Software |
Total BSE+NSE Complaints | 62 | 14 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with SBI Securities Vs Astha Trade for the benefits of other readers? Please feel free to share in the comments below.
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