Goodwill Commodities Vs SBI Securities – Share Brokers Comparison
Goodwill Commodities Vs SBI Securities
Here is a point by point comparison of Goodwill Commodities Vs SBI Securities. SBI Securities is a bank based stock broker 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 a quite a lot of room to improve in the kind of values it brings to the table. Goodwill Commodities is a chennai based full service stock broker which has an expertise in commodity trading. The broker was established in 2008 and has presence in 27 locations across different cities of India. Goodwill Commodities is known to provide high exposure but has relatively low focus on technology.
Full service brokers such as Goodwill Commodities or 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. 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 Goodwill Commodities 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 stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
Goodwill Commodities Review | SBI Securities Review | |
OVERVIEW | ||
Broker Type | Full Service | Full Service Broker |
Incorporated In the Year | 2008 | 2006 |
Number of branches across India | 27 | 114 |
Exchanges | BSE, NSE, MCX, NCDEX, MSEI | NSE, BSE |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹850 |
Demat Account Annual Maintenance Charges | ₹0 | ₹350 |
Transaction Charges | Goodwill Commodities Transaction Charges | SBI Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.5% | 0.5% |
Intraday Delivery | 0.1% | 0.05% |
Equity Futures | 0.1% | 0.05% |
Equity Options | 2.5% on the premium or ₹100 per contract, whichever is higher | ₹100 per lot |
Currency Futures | 0.1% | 0.03% |
Currency Options | 2.5% on the premium or ₹30 per contract, whichever is higher | ₹30 per lot |
Commodity | 0.1% | NA |
Brokerage Calculator | Goodwill Commodities Brokerage Calculator | SBI Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5 times Intraday, Upto 2 times delivery | Upto 10 times for Intraday, Upto 3 times for Delivery |
Equity Futures | Upto 3 times for Intraday | Upto 3 times for Intraday |
Equity Options | No Leverage | Upto 3 times for Intraday |
Currency Futures | Upto 2 times for Intraday | Upto 3 times for Intraday |
Currency Options | No Leverage | Upto 3 times for Intraday |
Commodities | Upto 3 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) | ODIN Diet, NEST, iWin Mobile App, Goodwill Web Trading app | SBI Smart Express, SBI Smart Web, SBI Smart Mobile App |
Complaints percentage | 0.15% | 0.05% |
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 Goodwill Commodities Vs SBI Securities for the benefits of other readers. Please feel free to share in the comments below.
Check out more comparisons here.