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
	Get a Call Back	Get a Call Back

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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