Flattrade Vs SBICAP Securities
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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
Flattrade Vs SBICAP Securities - Broker Details
| Flattrade | SBICAP Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 1986 |
| Exchanges | BSE, NSE and MCX | NSE, BSE |
| Branches | 6 | 141+ |
| Brokerage | ₹0 (Free) | 0.075% |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Account Opening & AMC Charges
| Flattrade | SBICAP Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹200 + GST | ₹850/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹750 (₹500/- for e-statement) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Brokerage charges & Plans
| Flattrade | SBICAP Securities | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | ₹0 (Free) | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | ₹0 (Free) | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹0 (Free) | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | ₹0 (Free) | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | ₹0 (Free) | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | ₹0 (Free) | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | ₹0 (Free) | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | ₹0 (Free) | Intraday:- 0.075% | Delivery:- 0.50% |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Other Charges
| Flattrade | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹20/Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹10/Order |
| Other Brokerage Charges | ₹0 (Free) | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | ₹0 (Free) | ₹20/Order |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Transaction Charges
| Flattrade | SBICAP Securities | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | NSE: 0.05515% ( ₹5515/Crore) |
| Equity Futures | 0.0020% | NSE:- 0.002206% ( ₹221/Crore) |
| Equity Intraday | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | NSE: 0.00386% | BSE: 0.00384% |
| Equity Options | 0.053% (on premium) | NSE- 0.05515% (Rs.5515/crore) |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | N/A |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | 0.002206% |
| Equity Delivery | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | NSE: 0.00386% | BSE: 0.00384% |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Margin (Exposure)
| Flattrade | 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) |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Features
| Flattrade | SBICAP Securities | |
|---|---|---|
| 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 | Commodity:-11:30 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Flattrade - (Share Trading App), Web Trading | 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 |
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| Direct Mutual Fund |
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| Call Back Open Account |
Flattrade Vs SBICAP Securities - Review & Rating
| Flattrade | SBICAP Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Request a call back from Broker
| Flattrade | SBICAP Securities | |
|---|---|---|
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Investment Options
| Flattrade | SBICAP Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Flattrade Vs SBICAP Securities - Order Type
| Flattrade | SBICAP Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Flattrade Vs SBICAP Securities - Research & Report
| Flattrade | SBICAP Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Flattrade Vs SBICAP Securities - Daily Market Report
| Flattrade | SBICAP Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Flattrade Vs SBICAP Securities - Suitable For Investor
| Flattrade | SBICAP Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Flattrade Vs SBICAP Securities - Pros & Cons
| Flattrade | SBICAP Securities | |
|---|---|---|
| Pros | 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments | 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. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. | 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. |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Background
| Flattrade | SBICAP Securities | |
|---|---|---|
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Compare All Brokers
| Flattrade | SBICAP Securities | |
|---|---|---|
| Call Back Open Account |
Flattrade Vs SBICAP Securities - STT/CTT
| Flattrade | SBICAP Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% 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 |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Demat transaction charges
| Flattrade | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - GST
| Flattrade | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - SEBI Charges
| Flattrade | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Account Opening & AMC Charges
Flattrade
SBICAP Securities
Trading Account Opening Charge
₹200 + GST
₹850/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹750 (₹500/- for e-statement)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Flattrade Vs SBICAP Securities
| Flattrade | SBICAP Securities | |
|---|---|---|
Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. + " Vs "+ SBICAP Securities |
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 .. |
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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
Flattrade Vs SBICAP Securities - Brokerage charges & Plans
| Flattrade | SBICAP Securities | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | ₹0 (Free) | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | ₹0 (Free) | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹0 (Free) | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | ₹0 (Free) | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | ₹0 (Free) | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | ₹0 (Free) | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | ₹0 (Free) | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | ₹0 (Free) | Intraday:- 0.075% | Delivery:- 0.50% |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Margin (Exposure)
| Flattrade | 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) |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Other Charges
| Flattrade | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹20/Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹10/Order |
| Other Brokerage Charges | ₹0 (Free) | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | ₹0 (Free) | ₹20/Order |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - STT/CTT
| Flattrade | SBICAP Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% 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 |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Demat transaction charges
| Flattrade | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - GST
| Flattrade | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - SEBI Charges
| Flattrade | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Flattrade Vs SBICAP Securities - Features
| Flattrade | 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 | Commodity:-11:30 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Flattrade - (Share Trading App), Web Trading | 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 |
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| Direct Mutual Fund |
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| Call Back Open Account |