SBICAP Securities Vs Definedge Securities
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
Definedge Securities
SBICAP Securities Vs Definedge Securities - Broker Details
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1986 | 2015 |
| Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX. |
| Branches | 141+ | 270 |
| Brokerage | 0.075% | ₹18 per executed order |
| Broker Type | Full service Broker | Discount Broker |
SBICAP Securities Vs Definedge Securities - Account Opening & AMC Charges
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹850/- | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750 (₹500/- for e-statement) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
SBICAP Securities Vs Definedge Securities - Brokerage charges & Plans
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | ₹0 (Free) |
| Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹18 per executed order |
| Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹18 per executed order |
| Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | ₹18 per executed order |
| Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹18 per executed order |
| Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | 0.03% or ₹ 18 per executed order whichever is lower |
SBICAP Securities Vs Definedge Securities - Other Charges
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹10/Order | ₹36/- per order |
| Other Brokerage Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹18 per executed order |
| Minimum Brokerage | ₹20/Order | ₹18 per executed order |
SBICAP Securities Vs Definedge Securities - Transaction Charges
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Currency Options | NSE: 0.05515% ( ₹5515/Crore) | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE:- 0.002206% ( ₹221/Crore) | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE: 0.00386% | BSE: 0.00384% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE- 0.05515% (Rs.5515/crore) | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | N/A | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | 0.002206% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE: 0.00386% | BSE: 0.00384% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
SBICAP Securities Vs Definedge Securities - Margin (Exposure)
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Features
| SBICAP Securities | Definedge 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 | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 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. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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SBICAP Securities Vs Definedge Securities - Review & Rating
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
SBICAP Securities Vs Definedge Securities - Request a call back from Broker
| SBICAP Securities | Definedge Securities | |
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SBICAP Securities Vs Definedge Securities - Investment Options
| SBICAP Securities | Definedge 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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SBICAP Securities Vs Definedge Securities - Order Type
| SBICAP Securities | Definedge 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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SBICAP Securities Vs Definedge Securities - Research & Report
| SBICAP Securities | Definedge 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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SBICAP Securities Vs Definedge Securities - Daily Market Report
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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SBICAP Securities Vs Definedge Securities - Suitable For Investor
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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SBICAP Securities Vs Definedge Securities - Pros & Cons
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| 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. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
SBICAP Securities Vs Definedge Securities - Background
| SBICAP Securities | Definedge Securities | |
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SBICAP Securities Vs Definedge Securities - Compare All Brokers
| SBICAP Securities | Definedge Securities | |
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SBICAP Securities Vs Definedge Securities - STT/CTT
| SBICAP Securities | Definedge 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 |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and 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 |
SBICAP Securities Vs Definedge Securities - Demat transaction charges
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹0 (Free) |
SBICAP Securities Vs Definedge Securities - GST
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) |
SBICAP Securities Vs Definedge Securities - SEBI Charges
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
SBICAP Securities Vs Definedge Securities - Account Opening & AMC Charges
SBICAP Securities
Definedge Securities
Trading Account Opening Charge
₹850/-
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750 (₹500/- for e-statement)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
SBICAP Securities Vs Definedge Securities
| SBICAP Securities | Definedge 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 .. + " Vs "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
SBICAP Securities Vs Definedge Securities - Brokerage charges & Plans
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | ₹0 (Free) |
| Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹18 per executed order |
| Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹18 per executed order |
| Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | ₹18 per executed order |
| Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹18 per executed order |
| Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | 0.03% or ₹ 18 per executed order whichever is lower |
SBICAP Securities Vs Definedge Securities - Margin (Exposure)
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Other Charges
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹10/Order | ₹36/- per order |
| Other Brokerage Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹18 per executed order |
| Minimum Brokerage | ₹20/Order | ₹18 per executed order |
SBICAP Securities Vs Definedge Securities - STT/CTT
| SBICAP Securities | Definedge 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 |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and 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 |
SBICAP Securities Vs Definedge Securities - Demat transaction charges
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹0 (Free) |
SBICAP Securities Vs Definedge Securities - GST
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) |
SBICAP Securities Vs Definedge Securities - SEBI Charges
| SBICAP Securities | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
SBICAP Securities Vs Definedge Securities - Features
| SBICAP Securities | Definedge 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 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. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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