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LKP Securities Vs SBI Securities – Share Brokers Comparison
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LKP Securities Vs SBI Securities
Here is a point by point comparison of LKP Securities 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.
LKP Securities is a full service stock broker based out of Mumbai and has presence in more than 2300 locations across 200 cities of India. Started as a securities brokerage house in 1948, LKP Securities is a listed public company that posted a networth of ₹158 Crore for the FY 2016-17.
Full service brokers such as LKP Securities 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 LKP Securities 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
 |  | |
| LKP Securities Review | SBI Securities Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 1948 | 2006 |
| Number of branches across India | 17 | 114 |
| Exchanges | NSE, BSE, MCX & MSEI | NSE, BSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹250 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹850 |
| Demat Account Annual Maintenance Charges | ₹200 | ₹350 |
| Transaction Charges | LKP Securities Transaction Charges | SBI Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.1% | 0.5% |
| Intraday Delivery | 0.01% | 0.05% |
| Equity Futures | 0.01% | 0.05% |
| Equity Options | ₹10 per lot | ₹100 per lot |
| Currency Futures | 0.007% | 0.03% |
| Currency Options | ₹10 per lot | ₹30 per lot |
| Commodity | 0.01% | NA |
| Brokerage Calculator | LKP Securities Brokerage Calculator | SBI Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 Times for Intraday, For Delivery upto 2 times | Upto 10 times for Intraday, Upto 3 times for Delivery |
| Equity Futures | Upto 2 times Intraday | Upto 3 times for Intraday |
| Equity Options | Buying No Margin, Shorting upto 2 times for Intraday | Upto 3 times for Intraday |
| Currency Futures | Upto 1.5 times Intraday | Upto 3 times for Intraday |
| Currency Options | Upto 2 times Intraday | Upto 3 times for Intraday |
| Commodities | Upto 2 times 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) | LKP Blue, Trade Smart LKP Mobile App, LKP Boss | SBI Smart Express, SBI Smart Web, SBI Smart Mobile App |
| Total BSE+NSE Complaints | 32 | 62 |
| 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 LKP Securities Vs SBI Securities for the benefits of other readers. Please feel free to share in the comments below.
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LKP Securities Vs SBI Securities
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