Finwave Vs SBICAP Securities
Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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
Finwave Vs SBICAP Securities - Broker Details
| Finwave | SBICAP Securities | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2014 | 1986 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE |
| Branches | 25 | 141+ |
| Brokerage | ₹20 per order | 0.075% |
| Broker Type | Full Service Broker | Full service Broker |
Finwave Vs SBICAP Securities - Account Opening & AMC Charges
| Finwave | SBICAP Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹850/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly | ₹750 (₹500/- for e-statement) |
| Trading Account AMC | 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly | ₹0 (Free) |
Finwave Vs SBICAP Securities - Brokerage charges & Plans
| Finwave | SBICAP Securities | |
|---|---|---|
| Commodity Futures | ₹20 per order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | ₹20 per order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | ₹20 per order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹20 per order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | ₹20 per order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | ₹20 per order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | ₹20 per order | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | ₹20 per order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | ₹20 per order | Intraday:- 0.075% | Delivery:- 0.50% |
Finwave Vs SBICAP Securities - Other Charges
| Finwave | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹20/Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹10/Order |
| Other Brokerage Charges | ₹20 per order | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | ₹20 per order | ₹20/Order |
Finwave Vs SBICAP Securities - Transaction Charges
| Finwave | SBICAP Securities | |
|---|---|---|
| Currency Options | BSE: 0.001% | NSE: 0.035% | NSE: 0.05515% ( ₹5515/Crore) |
| Equity Futures | NSE: 0.002% | NSE:- 0.002206% ( ₹221/Crore) |
| Equity Intraday | BSE: 0.00345% | NSE: 0.00345% | NSE: 0.00386% | BSE: 0.00384% |
| Equity Options | NSE: 0.053% | NSE- 0.05515% (Rs.5515/crore) |
| Commodity | 0.0026% | N/A |
| Currency Futures | NSE: 0.0009% | BSE: 0.00022% | 0.002206% |
| Equity Delivery | BSE: 0.00345% | NSE: 0.00345% | NSE: 0.00386% | BSE: 0.00384% |
Finwave Vs SBICAP Securities - Margin (Exposure)
| Finwave | SBICAP Securities | |
|---|---|---|
| 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 (100% of trade value) |
| 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) |
Finwave Vs SBICAP Securities - Features
| Finwave | SBICAP Securities | |
|---|---|---|
| Online Portfolio |
|
|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Finwave Vs SBICAP Securities - Review & Rating
| Finwave | SBICAP Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Finwave Vs SBICAP Securities - Request a call back from Broker
| Finwave | SBICAP Securities | |
|---|---|---|
Finwave Vs SBICAP Securities - Investment Options
| Finwave | SBICAP Securities | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Finwave Vs SBICAP Securities - Order Type
| Finwave | SBICAP Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Finwave Vs SBICAP Securities - Research & Report
| Finwave | SBICAP Securities | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Finwave Vs SBICAP Securities - Daily Market Report
| Finwave | SBICAP Securities | |
|---|---|---|
| Daily Market Reports & News |
|
|
Finwave Vs SBICAP Securities - Suitable For Investor
| Finwave | SBICAP Securities | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Finwave Vs SBICAP Securities - Pros & Cons
| Finwave | SBICAP Securities | |
|---|---|---|
| Pros | 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. | 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. |
| Cons | 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. | 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. |
Finwave Vs SBICAP Securities - Background
| Finwave | SBICAP Securities | |
|---|---|---|
Finwave Vs SBICAP Securities - Compare All Brokers
| Finwave | SBICAP Securities | |
|---|---|---|
Finwave Vs SBICAP Securities - STT/CTT
| Finwave | SBICAP Securities | |
|---|---|---|
| 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) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Finwave Vs SBICAP Securities - Demat transaction charges
| Finwave | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | ₹10 + GST per scrip only on sell |
Finwave Vs SBICAP Securities - GST
| Finwave | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Finwave Vs SBICAP Securities - SEBI Charges
| Finwave | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Finwave Vs SBICAP Securities - Account Opening & AMC Charges
Finwave
SBICAP Securities
Trading Account Opening Charge
₹0 (Free)
₹850/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
₹750 (₹500/- for e-statement)
Trading Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
₹0 (Free)
Finwave Vs SBICAP Securities
| Finwave | SBICAP Securities | |
|---|---|---|
Finwave Account Opening Process and Charges Details |
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 .. |
|
|
|
|
|
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
Finwave Vs SBICAP Securities - Brokerage charges & Plans
| Finwave | SBICAP Securities | |
|---|---|---|
| Commodity Futures | ₹20 per order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | ₹20 per order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | ₹20 per order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹20 per order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | ₹20 per order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | ₹20 per order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | ₹20 per order | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | ₹20 per order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | ₹20 per order | Intraday:- 0.075% | Delivery:- 0.50% |
Finwave Vs SBICAP Securities - Margin (Exposure)
| Finwave | SBICAP Securities | |
|---|---|---|
| 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 (100% of trade value) |
| 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) |
Finwave Vs SBICAP Securities - Other Charges
| Finwave | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹20/Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹10/Order |
| Other Brokerage Charges | ₹20 per order | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | ₹20 per order | ₹20/Order |
Finwave Vs SBICAP Securities - STT/CTT
| Finwave | SBICAP Securities | |
|---|---|---|
| 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) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Finwave Vs SBICAP Securities - Demat transaction charges
| Finwave | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | ₹10 + GST per scrip only on sell |
Finwave Vs SBICAP Securities - GST
| Finwave | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Finwave Vs SBICAP Securities - SEBI Charges
| Finwave | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Finwave Vs SBICAP Securities - Features
| Finwave | SBICAP Securities | |
|---|---|---|
| Online Portfolio |
|
|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|