SBICAP Securities Vs INDmoney
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
INDmoney
INDmoney 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 INDmoney - Broker Details
| SBICAP Securities | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1986 | 2019 |
| Exchanges | NSE, BSE | NSE, BSE and MCX |
| Branches | 141+ | 966 |
| Brokerage | 0.075% | 0.05% or up to ₹20/Per Order |
| Broker Type | Full service Broker | Discount Broker |
SBICAP Securities Vs INDmoney - Account Opening & AMC Charges
| SBICAP Securities | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹850/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750 (₹500/- for e-statement) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
SBICAP Securities Vs INDmoney - Brokerage charges & Plans
| SBICAP Securities | INDmoney | |
|---|---|---|
| Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | N/A |
| Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | 0.05% or up to ₹20/Per Order |
| Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | 0.05% or up to ₹20/Per Order |
| Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | N/A |
| Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.05% or up to ₹20/Per Order |
| Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | 0.05% or up to ₹20/Per Order |
| Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | 0.05% or up to ₹20/Per Order |
SBICAP Securities Vs INDmoney - Transaction Charges
| SBICAP Securities | INDmoney | |
|---|---|---|
| Currency Options | NSE: 0.05515% ( ₹5515/Crore) | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE:- 0.002206% ( ₹221/Crore) | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE: 0.00386% | BSE: 0.00384% | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE- 0.05515% (Rs.5515/crore) | NSE: 0.053% on premium value |
| Commodity | N/A | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | 0.002206% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE: 0.00386% | BSE: 0.00384% | NSE - 0.00325% | BSE- 0.00375% |
SBICAP Securities Vs INDmoney - Margin (Exposure)
| SBICAP Securities | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
SBICAP Securities Vs INDmoney - Features
| SBICAP Securities | INDmoney | |
|---|---|---|
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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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | 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. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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SBICAP Securities Vs INDmoney - Review & Rating
| SBICAP Securities | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
SBICAP Securities Vs INDmoney - Request a call back from Broker
| SBICAP Securities | INDmoney | |
|---|---|---|
SBICAP Securities Vs INDmoney - Investment Options
| SBICAP Securities | INDmoney | |
|---|---|---|
| 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 INDmoney - Order Type
| SBICAP Securities | INDmoney | |
|---|---|---|
| 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 INDmoney - Research & Report
| SBICAP Securities | INDmoney | |
|---|---|---|
| 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 INDmoney - Suitable For Investor
| SBICAP Securities | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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SBICAP Securities Vs INDmoney - Pros & Cons
| SBICAP Securities | INDmoney | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
SBICAP Securities Vs INDmoney - Background
| SBICAP Securities | INDmoney | |
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SBICAP Securities Vs INDmoney - Compare All Brokers
| SBICAP Securities | INDmoney | |
|---|---|---|
SBICAP Securities Vs INDmoney - STT/CTT
| SBICAP Securities | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
SBICAP Securities Vs INDmoney - Demat transaction charges
| SBICAP Securities | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹250/ per certificate |
SBICAP Securities Vs INDmoney - GST
| SBICAP Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
SBICAP Securities Vs INDmoney - SEBI Charges
| SBICAP Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
SBICAP Securities Vs INDmoney - extractvalue(1,concat(char(126),md5(1525732647)))
| SBICAP Securities | INDmoney | |
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SBICAP Securities Vs INDmoney - convert(int,sys.fn_sqlvarbasetostr(HashBytes('MD5','1883809043')))
| SBICAP Securities | INDmoney | |
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SBICAP Securities Vs INDmoney - Account Opening & AMC Charges
SBICAP Securities Vs INDmoney
| SBICAP Securities | INDmoney | |
|---|---|---|
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 "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney 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 INDmoney - Brokerage charges & Plans
| SBICAP Securities | INDmoney | |
|---|---|---|
| Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | N/A |
| Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | 0.05% or up to ₹20/Per Order |
| Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | 0.05% or up to ₹20/Per Order |
| Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | N/A |
| Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.05% or up to ₹20/Per Order |
| Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | 0.05% or up to ₹20/Per Order |
| Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | 0.05% or up to ₹20/Per Order |
SBICAP Securities Vs INDmoney - Margin (Exposure)
| SBICAP Securities | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
SBICAP Securities Vs INDmoney - STT/CTT
| SBICAP Securities | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
SBICAP Securities Vs INDmoney - Demat transaction charges
| SBICAP Securities | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹250/ per certificate |
SBICAP Securities Vs INDmoney - GST
| SBICAP Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
SBICAP Securities Vs INDmoney - SEBI Charges
| SBICAP Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
SBICAP Securities Vs INDmoney - Features
| SBICAP Securities | INDmoney | |
|---|---|---|
|
|
|
|
|
|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | 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. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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