11 MDirect Vs SBICAP Securities Share Brokers Comparison 2018

MDirect Vs SBICAP Securities

The brokerage of MDirect Max Rs 18 per trade while the brokerage of SBICAP Securities Ltd ranges between .05 to .5%. MDirect is a Discount Broker where SBICAP Securities Ltd is a Full Service Broker. MDirect is having overall lower rating compare to SBICAP Securities Ltd. MDirect is rated only 3 out of 5 where SBICAP Securities Ltd is rated 4 out of 5.

Here we present 1 on 1 comparison of MDirect vs SBICAP Securities Ltd share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared MDirect vs SBICAP Securities's on brokerage plans,Plan types,customer service, maintenance fees, tools, rating, reviews,trading features and investment options provided to Indian share market investors.This will help you in make up your mind and clear things for you so that you can choose the best broker for youself.

Compare MDirect vs SBICAP Securities Ltd - Broker type and exchange supported
  MDirect Logo
MDirect
SBICAP Securities Ltd Logo
SBICAP Securities Ltd
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE,NSE,MCX,NCDEX,MSEI BSE, NSE
Broker Overview MDirect, a Discount Broker providing customers trading across all segments augmented with research reports, daily newsletters through email or SMS at simple and inexpensive price. SBICAP Securities offering clients a well rounded package having 3-in-1 account which is an integrated platform of Savings Bank A/c, Demat A/c and an Online Trading A/c and broad range of products, pan India presence and State-of- the-Art tools and ...Know more about SBICAP Securities Ltd
Broker Enquiry Open an Online Trading Account with MDirect. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

Compare MDirect vs SBICAP Securities Ltd - Trading and Demat Account Charges
  MDirect SBICAP Securities Ltd
Trading Account Opening Fees MDirect vs SBICAP Securities Ltd - Trading Account Opening Fees Rs 500 Rs 850
Trading AMC MDirect vs SBICAP Securities Ltd - Trading Account AMC Free Free
Demat Account Opening Fees MDirect vs SBICAP Securities Ltd - Demat Account Opening Fees Rs 200 Free
Demat AMC MDirect vs SBICAP Securities Ltd - Demat Account AMC Rs 400 PA (Waived for 1st year) Rs 350 PA
Provide DP Service MDirect vs SBICAP Securities Ltd - Damat Account Mandatory Yes Yes
Expand

About Brokerage Plans

Compare MDirect vs SBICAP Securities Ltd - Plan Options
  MDirect SBICAP Securities Ltd
Multiple Plans What is this parameter? No No
Monthly Plans MDirect vs SBICAP Securities Ltd - Monthly Brokerage Plan No No
Yearly Plans MDirect vs SBICAP Securities Ltd - Yearly Brokerage Plan No No
Expand

Contact Broker / Request A Call Back

  MDirect SBICAP Securities Ltd
Contact / Request Call Back
Expand

Brokerage Charges

Compare MDirect vs SBICAP Securities Ltd - Brokerage Charges
  MDirect SBICAP Securities Ltd
Plan Name MDirect vs SBICAP Securities Ltd - Rs 18 Per Trader Plan eZ-trade
Plan Description MDirect vs SBICAP Securities Ltd - Flat Rs 18 Per Trader Plan. This is a standard plan by SBI Securities.This is % based brokerage plan.Brokerage is between .05% to .5%, which is 5 paisa to 50 paisa.
Equity Delivery MDirect vs SBICAP Securities Ltd - Cash Delivery Brokerage Flat Fee Rs 18 0.5% or 50 paisa
Equity Intraday MDirect vs SBICAP Securities Ltd - Cash Intraday Brokerage 0.01% or Rs 18 whichever is lower 0.08% or 8 paisa
Equity Futures MDirect vs SBICAP Securities Ltd - F&O Segment - Futures Brokerage 0.01% or Rs 18 whichever is lower 0.05% or 5 paisa
Equity Options MDirect vs SBICAP Securities Ltd - F&O Segment - Options Brokerage Flat Fee Rs 18 Rs 100 Per Lot
Currency Futures MDirect vs SBICAP Securities Ltd - Currency Futures Trading Brokerage 0.01% or Rs 18 whichever is lower 0.03% or 3 paisa
Currency Options MDirect vs SBICAP Securities Ltd - Currency Options Trading Brokerage Flat Fee Rs 18 Rs 30 Per Lot
Commodity Trading MDirect vs SBICAP Securities Ltd - Commodity Trading Brokerage Flat Fee Rs 18 NA
Minimum Brokerage MDirect vs SBICAP Securities Ltd - Rs 0.05 for Cash, Rs 0.01 Future
Brokerage Calculator Brokerage Calculator for MDirect Brokerage Calculator for SBICAP Securities Ltd
SPAN Margin Calculator SPAN Margin Calculator for MDirect SPAN Margin Calculator for SBICAP Securities Ltd
Expand

Share Broker's Transaction/Turnover Charges

Compare MDirect vs SBICAP Securities Ltd - Transaction/Turnover Charges
  MDirect SBICAP Securities Ltd
Equity Delivery MDirect vs SBICAP Securities Ltd - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday MDirect vs SBICAP Securities Ltd - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures MDirect vs SBICAP Securities Ltd - Equity Futures Transaction Charges Rs 350 Per Cr Rs 190 Per Cr
Equity Options MDirect vs SBICAP Securities Ltd - Equity Options Transaction Charges Rs 8000 Per Cr Rs 5000 Per Cr
Currency Futures MDirect vs SBICAP Securities Ltd - Rs 215 Per Cr Rs 110 Per Cr
Currency Options MDirect vs SBICAP Securities Ltd - Rs 7000 Per Cr Rs 4000 Per Cr
Commodity MDirect vs SBICAP Securities Ltd - Commodity Transaction Charges Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for mdirect Complete Brokerage Plans for sbi-capital
Expand

Trading Features

Compare MDirect vs SBICAP Securities Ltd - Trading Feature and platform
  MDirect SBICAP Securities Ltd
3 in 1 Account MDirect vs SBICAP Securities Ltd - Account Type? No MDirect have 2-in-1 account. Only Demate and Trading account. Yes, MDirect have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting MDirect vs SBICAP Securities Ltd - Advance Charting Yes Yes
Algo Trading MDirect vs SBICAP Securities Ltd - Algo Trading Yes No
After Trading Hour Orders MDirect vs SBICAP Securities Ltd - After market Orders Yes Yes
Good Till Cancelled (GTC) MDirect vs SBICAP Securities Ltd - GTC Orders No No
SMS Alerts MDirect vs SBICAP Securities Ltd - SMS Alerts Yes Yes
Online Demo MDirect vs SBICAP Securities Ltd - Online Demo Yes Yes
Online Portfolio MDirect vs SBICAP Securities Ltd - Portfolio Service No Yes
Margin Trading Funding Available MDirect vs SBICAP Securities Ltd - Margin Funding No No
Combined Ledger for Equity and Commodity MDirect vs SBICAP Securities Ltd - Combined Ledger for Equity and Commodity No No
Intraday Square-off Time MDirect vs SBICAP Securities Ltd - Intraday Square-off Time 3:15 pm 3:15PM
NRI Trading MDirect vs SBICAP Securities Ltd - NRI Trading No Yes
Other Features MDirect vs SBICAP Securities Ltd - Trading software terminal: ODIN Diet
Expand

Trading Platform

Compare MDirect vs SBICAP Securities Ltd - Trading Platform
  MDirect SBICAP Securities Ltd
Desktop Trading Platform MDirect vs SBICAP Securities Ltd - Trading terminal Nest Plus SBISMART XPRESS
Desktop Platform (Windows) MDirect vs SBICAP Securities Ltd - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) MDirect vs SBICAP Securities Ltd - MAC Trading Terminal Yes No
Web Trading Platform MDirect vs SBICAP Securities Ltd - Web Trading Platform Yes Yes
Web Trading Detail MDirect vs SBICAP Securities Ltd - Trading Website Mdirect Nest Plus https://login.sbismart.com/
Mobile Site MDirect vs SBICAP Securities Ltd - Trading Site for Mobile Yes No
Mobile Trading MDirect vs SBICAP Securities Ltd - Mobile App Yes Yes
Mobile Trading App MDirect vs SBICAP Securities Ltd - Name Of Mobile App Mdirect SBISMART Mobile App
Android Mobile App MDirect vs SBICAP Securities Ltd - Android Mobile App Yes Yes
iPhone Mobile App (IOS) MDirect vs SBICAP Securities Ltd - Yes Yes
Android Tablet App MDirect vs SBICAP Securities Ltd - Android Tablet App Yes Yes
iPad App (IOS) MDirect vs SBICAP Securities Ltd - Yes Yes
Detail Detail on Trading Platforms for mdirect Detail on Trading Platforms for sbi-capital

Expand

Broker Ratings by Users

Compare MDirect vs SBICAP Securities Ltd - Rating
  MDirect SBICAP Securities Ltd
  Customer Reviews    Rate MDirect 73 Customer Reviews    Rate SBICAP Securities
Fees Ratings 3.4
Trading Brokerage Rating 3.2
Trading Platform Usability 2.9
Customer Service Ratings 2.8
Overall Ratings Rated 2.8 stars
Broker Rating SBICAP Securities is Rated 2.8 / 5 based on 73 customer reviews
Expand

Investment Services

Compare MDirect vs SBICAP Securities Ltd - Investment Options
  MDirect SBICAP Securities Ltd
Equity Cash and F&O MDirect vs SBICAP Securities Ltd - Equity and Equity derivatives Yes Yes
Currency Deravitives MDirect vs SBICAP Securities Ltd - Currency Trading Yes Yes
Commodity MDirect vs SBICAP Securities Ltd - Commodity Trading Yes No
Online IPO Application MDirect vs SBICAP Securities Ltd - Online IPO Investment No Yes
Mutual Funds MDirect vs SBICAP Securities Ltd - Online Mutual Funds Investment No Yes
Bond / NCD MDirect vs SBICAP Securities Ltd - Bonds and NCD No Yes
ETF MDirect vs SBICAP Securities Ltd - ETF Yes Yes
Banking MDirect vs SBICAP Securities Ltd - Banking Service No Yes
Insurance MDirect vs SBICAP Securities Ltd - Insurance Service No Yes
Forex MDirect vs SBICAP Securities Ltd - Forex Trading No No
SIP Investment MDirect vs SBICAP Securities Ltd - Mutual Fund SIP No Yes
Other Investment Options MDirect vs SBICAP Securities Ltd - NA
Expand

Customer Service Offered

Compare MDirect vs SBICAP Securities Ltd - Customer Service Offerance
  MDirect SBICAP Securities Ltd
24/7 Customer Service MDirect vs SBICAP Securities Ltd - 24x7 customer support Yes No
Email Support MDirect vs SBICAP Securities Ltd - Email Support Yes Yes
Onine Live Chat MDirect vs SBICAP Securities Ltd - Onine Live Chat Yes No
Phone Support MDirect vs SBICAP Securities Ltd - Phone Support Yes Yes
Toll Free Number MDirect vs SBICAP Securities Ltd - Toll Free Number Yes Yes
Through Branches MDirect vs SBICAP Securities Ltd - Through Branches No Yes
Expand

Tips/Research/Reports Published

Compare MDirect vs SBICAP Securities Ltd - Research, Tips Reports
  MDirect SBICAP Securities Ltd
Research Mutual Funds MDirect vs SBICAP Securities Ltd - Research Mutual Funds No Yes
Research Equity Reports MDirect vs SBICAP Securities Ltd - Research Equity Reports Yes Yes
Research ETF MDirect vs SBICAP Securities Ltd - Research ETF No Yes
Daily Market Report MDirect vs SBICAP Securities Ltd - Daily Market Report Yes Yes
Free Tips MDirect vs SBICAP Securities Ltd - Free Tips Yes Yes
Quarterly Result Analysis MDirect vs SBICAP Securities Ltd - Quarterly Results Yes Yes
News Alerts MDirect vs SBICAP Securities Ltd - Yes Yes
Expand

Demat Account

Compare MDirect vs SBICAP Securities Ltd - Demat Account
  MDirect SBICAP Securities Ltd
DP Source CDSL
Demat Account Annual Maintenance Charges(AMC) 1. 1st Yr-Free ,2nd Yr Onwards payable in advance 2. a. BSDA < 50,000/- Nil b. BSDA > 50,000/- <=2 Lac Rs 100/- c. Rs. 400/- (Rs. 350/- for e-stmnt) for Ind with POA d. Rs 700/- For ind without POA 3. Rs 800/- Corp withPOA 4. Rs 1700/- For Corpwithout POA
Advance Deposit 0 for all
Statutory charges 0
Transaction Charges on Debit (Per ISIN) a. Thru POA - 0.01% of the transaction value subject to Minimum of Rs. 21/- and Maximum of Rs.300/- per ISIN debit instruction b. Thru DIS - 0.04% of the transaction value Subject to Minimum of Rs. 30/- per ISIN debit instruction (Charges of Rs.10/- per ISIN for late submission)
Demat Rs 5 /- per cert + Rs. 35/- courier charges per request
Remat Rs. 35/- Per Request + CDSL Charges i.e. Rs.10/- per 100 securities or part quantity
Pledge Creation a. If SSL / SBI is the counter party - 0.02% of Value or Min Rs 25/- whichever is higher plus CDSL charges as applicable b. If SSL / SBI is not the counter party - 0.04 % of the transaction value subject to a Minimum of Rs. 50/- per ISIN instruction plus CDSL Charge as applicable
Pledge Creation Confirmation a. If SSL / SBI is the counter party - 0.02% of Value or Min Rs 25/- whichever is higher plus CDSL charges as applicable b. If SSL / SBI is not the counter party - 0.04 % of the transaction value subject to a Minimum of Rs. 50/- per ISIN instruction plus CDSL Charge as applicable
Pledge Closure a. If SSL / SBI is the counter party - 0.02% of Value or Min Rs 25/- whichever is higher plus CDSL charges as applicable b. If SSL / SBI is not the counter party - 0.04 % of the transaction value subject to a Minimum of Rs. 50/- per ISIN instruction plus CDSL Charge as applicable
Pledge Closure Confirmation a. If SSL / SBI is the counter party - 0.02% of Value or Min Rs 25/- whichever is higher plus CDSL charges as applicable b. If SSL / SBI is not the counter party - 0.04 % of the transaction value subject to a Minimum of Rs. 50/- per ISIN instruction plus CDSL Charge as applicable
Pledge Invocation a. If SSL / SBI is the counter party - 0.02% of Value or Min Rs 25/- whichever is higher plus CDSL charges as applicable b. If SSL / SBI is not the counter party - 0.04 % of the transaction value subject to a Minimum of Rs. 50/- per ISIN instruction plus CDSL Charge as applicable
Failed Instruction Charges Rs 10 per failed instruction.
Other Charges Statutory Levis as applicable

Expand

Special Offers,Advantages,Disadvantages

Compare MDirect vs SBICAP Securities Ltd - Special Offers and Promotion
  MDirect SBICAP Securities Ltd
Likes
  • In house research reports
  • Workshops/ seminars/ webinars to educate traders.
  • Simple and transparent Pricing.
  • Well researched professional guidance.
  • Multiple Segments and Exchanges on same trading Window.

More Advantages...

Hassle free 3 in 1 account, services for NRIs, site wide bar for live quotes, demos on all the trading apps

More Advantages...

Dislikes
  • No referral program
  • No advance tools or technology
  • No monthly and yearly plans
  • doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs
  • Margin funding and NRI tradingis not available

More Disadvantages...

Doesn't support commodity trading, minimum Brokerage charges.

More Disadvantages...

Special Offers/Promo
Enquire about MDirect

Guaranteed Save 60% to 90% Brokerage + Taxes

ProStocks, The Flat Rate Discount Stock Broker

Paperless account opening*


Fix Price - Rs 15 Per Trade
Rs 899/Month,8999/Year for
Equity Cash and F&O
Rs 499/Month,4999/Year for
Currency Derivatives

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
*Except PoA and Nomination form

Get FREE Trading + Demat Acct

Zerodha  Zerodha

e-Aadhar base account opening

Free Delivery trading

Max Rs 20 Per Trade for Equity Intraday, F&O, Currency & Commodity

zerodha

Sharekhan

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading and a Demat Account
(Rs 1150 waived)

sharekhan

angel-broking  Angel Broking

Free Equity Delivery Trades
Flat 20% discount on online transaction

angel-broking



Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

Sub brokers by name

Indore Lucknow Nagpur Ludhiana

Sub brokers by name

Allahabad Kanpur Patna Ernakulam



Search topsharebrokers.com:

Translate topsharebrokers.com: