INDmoney Vs SBICAP Securities
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
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 Vs SBICAP Securities - Broker Details
| INDmoney | SBICAP Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 1986 |
| Exchanges | NSE, BSE and MCX | NSE, BSE |
| Branches | 966 | 141+ |
| Brokerage | 0.05% or up to ₹20/Per Order | 0.075% |
| Broker Type | Discount Broker | Full service Broker |
INDmoney Vs SBICAP Securities - Account Opening & AMC Charges
| INDmoney | SBICAP Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹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) |
INDmoney Vs SBICAP Securities - Brokerage charges & Plans
| INDmoney | SBICAP Securities | |
|---|---|---|
| Commodity Futures | N/A | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | 0.05% or up to ₹20/Per Order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | 0.05% or up to ₹20/Per Order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | N/A | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | 0.05% or up to ₹20/Per Order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | 0.05% or up to ₹20/Per Order | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | 0.05% or up to ₹20/Per Order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | 0.05% or up to ₹20/Per Order | Intraday:- 0.075% | Delivery:- 0.50% |
INDmoney Vs SBICAP Securities - Other Charges
| INDmoney | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/Order |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50 per position | ₹10/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/Order |
INDmoney Vs SBICAP Securities - Transaction Charges
| INDmoney | SBICAP Securities | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE: 0.05515% ( ₹5515/Crore) |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE:- 0.002206% ( ₹221/Crore) |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00386% | BSE: 0.00384% |
| Equity Options | NSE: 0.053% on premium value | NSE- 0.05515% (Rs.5515/crore) |
| Commodity | 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 | N/A |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | 0.002206% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00386% | BSE: 0.00384% |
INDmoney Vs SBICAP Securities - Margin (Exposure)
| INDmoney | 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 (no margin) | 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) |
INDmoney Vs SBICAP Securities - Features
| INDmoney | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 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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INDmoney Vs SBICAP Securities - Review & Rating
| INDmoney | SBICAP Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs SBICAP Securities - Request a call back from Broker
| INDmoney | SBICAP Securities | |
|---|---|---|
INDmoney Vs SBICAP Securities - Investment Options
| INDmoney | 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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INDmoney Vs SBICAP Securities - Order Type
| INDmoney | 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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INDmoney Vs SBICAP Securities - Research & Report
| INDmoney | 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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INDmoney Vs SBICAP Securities - Daily Market Report
| INDmoney | SBICAP Securities | |
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| Daily Market Reports & News |
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INDmoney Vs SBICAP Securities - Suitable For Investor
| INDmoney | SBICAP Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs SBICAP Securities - Pros & Cons
| INDmoney | SBICAP Securities | |
|---|---|---|
| Pros | 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. | 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.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. | 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. |
INDmoney Vs SBICAP Securities - Background
| INDmoney | SBICAP Securities | |
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INDmoney Vs SBICAP Securities - Compare All Brokers
| INDmoney | SBICAP Securities | |
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INDmoney Vs SBICAP Securities - STT/CTT
| INDmoney | SBICAP Securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs SBICAP Securities - Demat transaction charges
| INDmoney | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹10 + GST per scrip only on sell |
INDmoney Vs SBICAP Securities - GST
| INDmoney | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
INDmoney Vs SBICAP Securities - SEBI Charges
| INDmoney | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs SBICAP Securities - Account Opening & AMC Charges
INDmoney
SBICAP Securities
Trading Account Opening Charge
₹0 (Free)
₹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)
INDmoney Vs SBICAP Securities
| INDmoney | SBICAP Securities | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation 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 .. |
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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
INDmoney Vs SBICAP Securities - Brokerage charges & Plans
| INDmoney | SBICAP Securities | |
|---|---|---|
| Commodity Futures | N/A | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | 0.05% or up to ₹20/Per Order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | 0.05% or up to ₹20/Per Order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | N/A | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | 0.05% or up to ₹20/Per Order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | 0.05% or up to ₹20/Per Order | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | 0.05% or up to ₹20/Per Order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | 0.05% or up to ₹20/Per Order | Intraday:- 0.075% | Delivery:- 0.50% |
INDmoney Vs SBICAP Securities - Margin (Exposure)
| INDmoney | 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 (no margin) | 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) |
INDmoney Vs SBICAP Securities - Other Charges
| INDmoney | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/Order |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50 per position | ₹10/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/Order |
INDmoney Vs SBICAP Securities - STT/CTT
| INDmoney | SBICAP Securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs SBICAP Securities - Demat transaction charges
| INDmoney | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹10 + GST per scrip only on sell |
INDmoney Vs SBICAP Securities - GST
| INDmoney | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
INDmoney Vs SBICAP Securities - SEBI Charges
| INDmoney | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs SBICAP Securities - Features
| INDmoney | SBICAP Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 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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