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SBI Securities Vs Achiievers Equities – Share Brokers Comparison
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SBI Securities Vs Achiievers Equities
Here is a point by point comparison of SBI Securities Vs Achiievers Equities. Achiievers Equities is a one of its own kind discount broker that provides fixed brokerage plans at Month, Day and Trade level but also provides research reports and market tips. At the same time, Achiievers Equities provides a 3-in-1 account offering convenience to its clients when it comes to payment transfers.
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.
Discount brokers such as Achiievers Equities offer trading services at much cheaper brokerage rates and reasonable customer service. 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. 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 Achiievers Equities 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
 |  | |
| Achiievers Equities Review | SBI Securities Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Stock Broker |
| Incorporated In the Year | 2012 | 2006 |
| Number of branches across India | 1 | 114 |
| Exchanges | NSE, BSE, MCX, MCX-SX, NSEL | NSE, BSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹750 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹400 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹850 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹350 |
| Transaction Charges | Achiievers Equities Transaction Charges | SBI Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.5% |
| Intraday Delivery | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.05% |
| Equity Futures | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.05% |
| Equity Options | ₹15 per executed order OR ₹750 per month for Unlimited Trades | ₹100 per lot |
| Currency Futures | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.03% |
| Currency Options | ₹15 per executed order OR ₹750 per month for Unlimited Trades | ₹30 per lot |
| Commodity | ₹15 per executed order OR ₹750 per month for Unlimited Trades | NA |
| Brokerage Calculator | Achiievers Equities Brokerage Calculator | SBI Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5 times for Intraday, 0 for Delivery | Upto 10 times for Intraday, Upto 3 times for Delivery |
| Equity Futures | Upto 2 times | Upto 3 times for Intraday |
| Equity Options | NA | Upto 3 times for Intraday |
| Currency Futures | NA | Upto 3 times for Intraday |
| Currency Options | Upto 2 times | Upto 3 times for Intraday |
| Commodities | Upto 4 times | 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) | NOW Online, NOW Trader | SBI Smart Express, SBI Smart Web, SBI Smart Mobile App |
| Total BSE+NSE Complaints | 3 | 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 SBI Securities Vs Achiievers Equities for the benefits of other readers. Please feel free to share in the comments below.
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SBI Securities Vs Achiievers Equities
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