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.
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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
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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
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Contact Broker / Request A Call Back

  MDirect SBICAP Securities Ltd
Contact / Request Call Back
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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
Hidden Charges MDirect vs SBICAP Securities Ltd - Hidden Charges Info Not Available Yes - Minimum Charges
Funding MDirect vs SBICAP Securities Ltd - Funding Interest Info Not Available Yes - 24% Interest
Call & Trade Charges MDirect vs SBICAP Securities Ltd - Call & Trade Charges Info Not Available Frirst 30 call free per month after that Rs 10 per call - Max 3 scripts can be trade per call.
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
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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
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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
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
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Trading Platform

Compare MDirect vs SBICAP Securities Ltd - Trading Platform
  MDirect SBICAP Securities Ltd
Desktop Trading Platform MDirect vs SBICAP Securities Ltd - Trading terminal NSE NOW SBISMART XPRESS - NextTrader
Desktop Demo MDirect vs SBICAP Securities Ltd - Desktop Demo Info Not Available Desktop Demo
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 http://122.179.158.190/sohamrmclient/login.aspx https://login1.sbismart.com/nidp/app/login
Web Trading Demo MDirect vs SBICAP Securities Ltd - Web Trading Demo Info Not Available Web Trading Demo
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
Mobile Trading App Demo MDirect vs SBICAP Securities Ltd - Name Of Mobile App Info Not Available SBISMART Mobile App Demo
Android Mobile App MDirect vs SBICAP Securities Ltd - Android Mobile App Yes Yes
Android App Download MDirect vs SBICAP Securities Ltd - Mobile App Download Andriod Mdirect Download Andriod SBISMART Mobile App Download
iPhone Mobile App (IOS) MDirect vs SBICAP Securities Ltd - Yes Yes
iOS App Download MDirect vs SBICAP Securities Ltd - Mobile App Download iOS Mdirect Download iOS SBISMART Mobile App Download
Android Tablet App MDirect vs SBICAP Securities Ltd - Android Tablet App Yes Yes
iPad App (IOS) MDirect vs SBICAP Securities Ltd - Yes Yes
Trading Software Charges MDirect vs SBICAP Securities Ltd - Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for MDirect Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Ltd
Futures Brokerage Calculator Futures Brokerage Calculator for MDirect Futures Brokerage Calculator for SBICAP Securities Ltd
Options Brokerage Calculator Options Brokerage Calculator for MDirect Options Brokerage Calculator for SBICAP Securities Ltd
Detail Detail on Trading Platforms for mdirect Detail on Trading Platforms for sbi-capital

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Broker Ratings by Users

Compare MDirect vs SBICAP Securities Ltd - Rating
  MDirect SBICAP Securities Ltd
  Customer Reviews    Rate MDirect 74 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 2.7 stars
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 74 customer reviews
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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
MF SIP Investment MDirect vs SBICAP Securities Ltd - Mutual Fund SIP No Yes
Equity SIP Investment MDirect vs SBICAP Securities Ltd - Equity SIP No No
PMS Service MDirect vs SBICAP Securities Ltd - Portfolio Management Services (PMS) No No
Algo Trading MDirect vs SBICAP Securities Ltd - Algo Trading No No
Other Investment Options MDirect vs SBICAP Securities Ltd - NA
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Order Types

Compare MDirect vs SBICAP Securities Ltd - Order Types
  MDirect SBICAP Securities Ltd
CNC Ordre MDirect vs SBICAP Securities Ltd - CNC Order Yes Yes
MIS Ordre MDirect vs SBICAP Securities Ltd - MIS Order Yes Yes
NRML Ordre MDirect vs SBICAP Securities Ltd - NRML Order Yes Yes
Cover Ordre MDirect vs SBICAP Securities Ltd - Cover Order No Yes
Bracket Ordre MDirect vs SBICAP Securities Ltd - Bracket Order No Yes
AMO-After Market Orders MDirect vs SBICAP Securities Ltd - After market Orders Yes Yes
GTC-Good Till Cancelled MDirect vs SBICAP Securities Ltd - GTC Orders No No
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Margin/Leverage

Compare MDirect vs SBICAP Securities Ltd - Margin/Leverage
  MDirect SBICAP Securities Ltd
Equity Delivery Margin MDirect vs SBICAP Securities Ltd - Equity Delivery Margin Info Not Available No Margin on Equity Delivery, T+5 day trading option, Interest will be charged after T+2.
Equity Intraday Margin MDirect vs SBICAP Securities Ltd - Equity Intraday Margin Info Not Available Upto 10x leverage for equity
Futures Margin MDirect vs SBICAP Securities Ltd - Futures Margin Info Not Available Upto 3x leverage for equity futures
Options Margin MDirect vs SBICAP Securities Ltd - Options Margin Info Not Available Upto 3x for Opions Selling and no leverage on Options Buying
Equity CO Margin MDirect vs SBICAP Securities Ltd - Equity CO Margin Info Not Available Info Not Available
Futures CO Margin MDirect vs SBICAP Securities Ltd - Futures CO Margin Info Not Available Info Not Available
Options CO Margin MDirect vs SBICAP Securities Ltd - Options CO Margin Info Not Available Info Not Available
Commodity Margin MDirect vs SBICAP Securities Ltd - Commodity Margin Info Not Available Info Not Available
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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
Customer Care Number MDirect vs SBICAP Securities Ltd - Customer Care Number Info Not Available 1800-209-9345/1800-22-3345
Account Opening Process MDirect vs SBICAP Securities Ltd - Account Opening Process Info Not Available Offline
Customer Support Email MDirect vs SBICAP Securities Ltd - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education MDirect vs SBICAP Securities Ltd - Knowledge Center/Education Info Not Available https://www.sbismart.com/education
Head Office Address MDirect vs SBICAP Securities Ltd - Head Office Address/Corporate Address Info Not Available SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Website MDirect vs SBICAP Securities Ltd - Company Website Info Not Available https://www.sbismart.com
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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
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Demat Account

Compare MDirect vs SBICAP Securities Ltd - Demat Account
  MDirect SBICAP Securities Ltd
DP Source CDSL
DP ID MDirect vs SBICAP Securities Ltd - DP ID No 19300
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

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Special Offers,Advantages,Disadvantages

Compare MDirect vs SBICAP Securities Ltd - Special Offers and Promotion
  MDirect SBICAP Securities Ltd
Pay In and Pay Out Options MDirect vs SBICAP Securities Ltd - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time MDirect vs SBICAP Securities Ltd - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges MDirect vs SBICAP Securities Ltd - Bank Supported and Charges Info Not Available Direct to SBI Bank.
Bank Detail Info Not Available Direct to SBI bank account
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

Free Direct Mutual Fund Investment

Free Delivery trading


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

5paisa Review  5paisa

Trade in Cash and F&O at Just Rs 10. Save 95% on Brokerage.


Instant - Online Account Opening
GET FREE Demat Account

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)
Open Free Account

Fyers Review  Fyers

Free Delivery trading

High Leverage


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

ProStocks, The Flat Rate Discount Stock Broker

Flat Fee - Rs 15 Per Trade


Lowest Stamp Duty

Get FREE Trading + Demat Acct

Flat 20% discount on online transaction


Rs 0 account opening fee on Demat Acct

Join Now




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