SBICAP Securities Vs Maverick
SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
SBICAP Securities Vs Maverick - Broker Details
| SBICAP Securities | Maverick | |
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| Single Margin Facility |
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| Year of Incorporation | 1986 | 2000 |
| Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX |
| Branches | 141+ | N/A |
| Brokerage | 0.075% | 0.01% per order |
| Broker Type | Full service Broker | Full Service Broker |
SBICAP Securities Vs Maverick - Account Opening & AMC Charges
| SBICAP Securities | Maverick | |
|---|---|---|
| Trading Account Opening Charge | ₹850/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750 (₹500/- for e-statement) | ₹300 per year | ₹999 for Lifetime |
| Trading Account AMC | ₹0 (Free) | NA |
SBICAP Securities Vs Maverick - Brokerage charges & Plans
| SBICAP Securities | Maverick | |
|---|---|---|
| Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.01% per order |
| Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | 0.01% per order |
| Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | 0.1% per order |
| Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | Rs. 10 per lot |
| Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | Rs. 10 per lot |
| Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.01% per order |
| Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | Rs. 10 per lot |
| Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | 0.01% per order |
| Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | 0.01% per order |
SBICAP Securities Vs Maverick - Other Charges
| SBICAP Securities | Maverick | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹20/Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹10/Order | ₹20/Order |
| Other Brokerage Charges | Intraday:- 0.075% | Delivery:- 0.50% | 0.01% per order |
| Minimum Brokerage | ₹20/Order | 0.01% per order |
SBICAP Securities Vs Maverick - Transaction Charges
| SBICAP Securities | Maverick | |
|---|---|---|
| Currency Options | NSE: 0.05515% ( ₹5515/Crore) | Exchange txn charge: 0.035%e |
| Equity Futures | NSE:- 0.002206% ( ₹221/Crore) | NSE: 0.0019% |
| Equity Intraday | NSE: 0.00386% | BSE: 0.00384% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE- 0.05515% (Rs.5515/crore) | NSE: 0.05% (on premium) |
| Commodity | N/A | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | 0.002206% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE: 0.00386% | BSE: 0.00384% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
SBICAP Securities Vs Maverick - Margin (Exposure)
| SBICAP Securities | Maverick | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
SBICAP Securities Vs Maverick - Features
| SBICAP Securities | Maverick | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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SBICAP Securities Vs Maverick - Review & Rating
| SBICAP Securities | Maverick | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
SBICAP Securities Vs Maverick - Request a call back from Broker
| SBICAP Securities | Maverick | |
|---|---|---|
SBICAP Securities Vs Maverick - Investment Options
| SBICAP Securities | Maverick | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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SBICAP Securities Vs Maverick - Order Type
| SBICAP Securities | Maverick | |
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| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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SBICAP Securities Vs Maverick - Research & Report
| SBICAP Securities | Maverick | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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SBICAP Securities Vs Maverick - Daily Market Report
| SBICAP Securities | Maverick | |
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| Daily Market Reports & News |
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SBICAP Securities Vs Maverick - Suitable For Investor
| SBICAP Securities | Maverick | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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SBICAP Securities Vs Maverick - Pros & Cons
| SBICAP Securities | Maverick | |
|---|---|---|
| Pros | 1. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| Cons | 1.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. | 1. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
SBICAP Securities Vs Maverick - Background
| SBICAP Securities | Maverick | |
|---|---|---|
SBICAP Securities Vs Maverick - Compare All Brokers
| SBICAP Securities | Maverick | |
|---|---|---|
SBICAP Securities Vs Maverick - STT/CTT
| SBICAP Securities | Maverick | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
SBICAP Securities Vs Maverick - Demat transaction charges
| SBICAP Securities | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | Rs.20 /- |
SBICAP Securities Vs Maverick - GST
| SBICAP Securities | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
SBICAP Securities Vs Maverick - SEBI Charges
| SBICAP Securities | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
SBICAP Securities Vs Maverick - Account Opening & AMC Charges
SBICAP Securities
Maverick
Trading Account Opening Charge
₹850/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750 (₹500/- for e-statement)
₹300 per year | ₹999 for Lifetime
Trading Account AMC
₹0 (Free)
NA
SBICAP Securities Vs Maverick
| SBICAP Securities | Maverick | |
|---|---|---|
SBICAP Securities Review | Brokerage Charges, Account OpeningIncorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries. • SBICAP Securities Limited • SBICAP V .. + " Vs "+ Maverick |
Maverick Account Opening Process and Charges Detail |
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Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
SBICAP Securities Vs Maverick - Brokerage charges & Plans
| SBICAP Securities | Maverick | |
|---|---|---|
| Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.01% per order |
| Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | 0.01% per order |
| Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | 0.1% per order |
| Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | Rs. 10 per lot |
| Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | Rs. 10 per lot |
| Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.01% per order |
| Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | Rs. 10 per lot |
| Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | 0.01% per order |
| Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | 0.01% per order |
SBICAP Securities Vs Maverick - Margin (Exposure)
| SBICAP Securities | Maverick | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
SBICAP Securities Vs Maverick - Other Charges
| SBICAP Securities | Maverick | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹20/Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹10/Order | ₹20/Order |
| Other Brokerage Charges | Intraday:- 0.075% | Delivery:- 0.50% | 0.01% per order |
| Minimum Brokerage | ₹20/Order | 0.01% per order |
SBICAP Securities Vs Maverick - STT/CTT
| SBICAP Securities | Maverick | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
SBICAP Securities Vs Maverick - Demat transaction charges
| SBICAP Securities | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | Rs.20 /- |
SBICAP Securities Vs Maverick - GST
| SBICAP Securities | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
SBICAP Securities Vs Maverick - SEBI Charges
| SBICAP Securities | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
SBICAP Securities Vs Maverick - Features
| SBICAP Securities | Maverick | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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