Compare 3 Brokers

SBICAP Securities Vs Indira Securities: Which one is better?

The brokerage of SBICAP Securities ranges between .05 to .5% while the brokerage of Indira Securities ranges between Rs 20. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.

Here we present side-by-side comparison of SBICAP Securities vs Indira Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SBICAP Securities vs Indira Securities's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of SBICAP Securities vs Indira Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SBICAP Securities vs Indira Securities's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare SBICAP Securities vs Indira Securities on Service

  SBICAP Securities Compare
SBICAP Securities
Indira Securities Compare
Indira Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE BSE, NSE, MCX
Active Clients 3,45,410
Broker Overview SBICAP Securities, a full-service broker offers a 3-in-1 account opening facility integrating demat + trading + bank account along with highly advanced trading platforms, huge product offerings, PAN India presence, and State-of-the Art tools & se... Know more about SBICAP Securities Indira Securities, one of the best brokerage houses with the cheapest brokerage offering a free Indira Securities 2-in-1 account, highly advanced trading platforms like TradeInsta mobile app, free research and advisory, and excellent customer service...Know more about Indira Securities
Broker Enquiry Open an Online Trading Account with SBICAP Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Indira Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare SBICAP Securities vs Indira Securities on Trading & Demat Account Opening Charges

Comparison of SBICAP Securities with Indira Securities on trading & demat account opening charges and AMC. Trading account opening charges - Indira Securities offer Free account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - SBICAP Securities charges Rs 350 PA AMC for Demat account where Indira Securities charges Rs 450 PA (2nd Year Onward) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities with Indira Securities
Charges SBICAP Securities Indira Securities
Trading Account Opening Fees Rs 850 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 350 PA Rs 450 PA (2nd Year Onward)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs Indira Securities on Plan Options

Plans are the most important feature you look when compare SBICAP Securities with Indira Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Indira Securities provides Multiple Plans where SBICAP Securities doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.

Compare SBICAP Securities with Indira Securities on Plan Options
Plan Types SBICAP Securities Indira Securities
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  SBICAP Securities Indira Securities
Account Opening Request
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Brokerage Charges

Compare SBICAP Securities vs Indira Securities on Brokerage Charges

SBICAP Securities Brokerage Plan detail - 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.

Indira Securities Brokerage Plan detail - IndiraTrade have both the plans for its client, discount brokerage plan is a flat fee of Rs 20 per executed order plan for Equity Cash, Equity F&O, Currency & Commodities.

Brokerage Charges - Compare SBICAP Securities with Indira Securities
Brokerage Charges Compare SBICAP Securities Indira Securities
Plan Name eZ-trade Trading Plan (Percentage Based) Flat Fee Rs 20 Trading Plan
Equity Delivery 0.5% or 50 paisa Flat Fee Rs 20
Equity Intraday 0.08% or 8 paisa Flat Fee Rs 20
Equity Futures 0.05% or 5 paisa Flat Fee Rs 20
Equity Options Rs 100 Per Lot Flat Fee Rs 20
Currency Futures 0.03% or 3 paisa Flat Fee Rs 20
Currency Options Rs 30 Per Lot Flat Fee Rs 20
Commodity Trading NA Flat Fee Rs 20
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future NA
Hidden Charges Info Not Available Info Not Available
Funding Yes - 24% interest PA Yes - 18% interest PA
Call & Trade Charges Frirst 30 call free per month after that Rs 10 per call - Max 3 scripts can be trade per call. Free
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for Indira Securities
SPAN Margin Calculator SPAN Margin Calculator for SBICAP Securities SPAN Margin Calculator for Indira Securities
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Share Broker's Transaction Charges

Compare SBICAP Securities vs Indira Securities on Transaction Charges

Compare SBICAP Securities with Indira Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare SBICAP Securities with Indira Securities
Transaction Charges Compare SBICAP Securities Indira Securities
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 120 Per Cr
Currency Options Rs 4000 Per Cr Rs 500 Per Cr
Commodity NA Non-Agri Rs 260| Agri Rs 600 Per Cr
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for indira-securities
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Account Features

Compare SBICAP Securities vs Indira Securities on Account Features

Compare SBICAP Securities with Indira Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where Indira Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - Indira Securities offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - Indira Securities offers a margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - SBICAP Securities with Indira Securities
Account Features Compare SBICAP Securities Indira Securities
3 in 1 Account Yes, SBICAP Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No SBICAP Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes Yes
Other Features Trading software terminal: ODIN Diet NIL
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Trading Platform

Compare SBICAP Securities vs Indira Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities and Indira Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare SBICAP Securities with Indira Securities
Trading Platform Compare SBICAP Securities Indira Securities
Desktop Trading Platform SBISMART XPRESS - NextTrader ODIN Diet
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login1.sbismart.com/nidp/app/login https://www.indiratrade.com/trade-online
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App SBISMART TradeInsta
Mobile Trading App Demo SBISMART Demo TradeInsta Demo
Android Mobile App Yes Yes
Android App Download Andriod SBISMART Download Andriod TradeInsta Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SBISMART Download iOS TradeInsta Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Indira Securities
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Indira Securities
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Indira Securities
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for indira-securities
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare SBICAP Securities vs Indira Securities on User Rating

  SBICAP Securities Indira Securities
  76 Customer Reviews    Rate SBICAP Securities 1 Customer Reviews    Rate Indira Securities
Fees Ratings 3.3 2.0
Trading Brokerage Rating 3.1 4.0
Trading Platform Usability 2.8 2.0
Customer Service Ratings 2.7 2.0
Overall Ratings Rated 2.7 stars Rated 3.0 stars
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 76 customer reviews Indira Securities is Rated 3.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare SBICAP Securities vs Indira Securities on Investment Offerings

Compare SBICAP Securities with Indira Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Indira Securities offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare SBICAP Securities with Indira Securities
Investment Offerings Compare SBICAP Securities Indira Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare SBICAP Securities vs Indira Securities on Order Types

Order Type - Compare SBICAP Securities with Indira Securities on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Indira Securities offers Good Till Cancelled (GTC) orders where SBICAP Securities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare SBICAP Securities with Indira Securities
Order Type Compare SBICAP Securities Indira Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Margin/Leverage

Compare SBICAP Securities vs Indira Securities on Margin/Leverage

Compare SBICAP Securities with Indira Securities on Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare SBICAP Securities with Indira Securities
Margin Product Compare SBICAP Securities Indira Securities
Equity Delivery Margin SBICAP Securities vs Indira Securities - Equity Delivery Margin No Margin on Equity Delivery, T+5 day trading option, Interest will be charged after T+2. No Margin/Leverage for Equity Delivery.
Equity Intraday Margin SBICAP Securities vs Indira Securities - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Up to 3x to 10x leverage for equity MIS orders.
Futures Margin SBICAP Securities vs Indira Securities - Futures Margin 1x means actual SPAN + Exposure. Up to 4x leverage for Stocks.
Options Margin SBICAP Securities vs Indira Securities - Options Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Up to 3x exposure for Options shorting, No leverage for Options Buying.
Equity CO Margin SBICAP Securities vs Indira Securities - Equity CO Margin Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order. Info Not Available
Futures CO Margin SBICAP Securities vs Indira Securities - Futures CO Margin 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order. Info Not Available
Options CO Margin SBICAP Securities vs Indira Securities - Options CO Margin 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order. Info Not Available
Commodity Margin SBICAP Securities vs Indira Securities - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Up to 4x leverage for MCX futures.
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Customer Service Offered

Compare SBICAP Securities vs Indira Securities on Customer Service

Compare SBICAP Securities with Indira Securities on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare SBICAP Securities with Indira Securities
Customer Service Compare SBICAP Securities Indira Securities
24/7 Customer Service SBICAP Securities vs Indira Securities - 24x7 customer support No Yes
Email Support SBICAP Securities vs Indira Securities - Email Support Yes Yes
Onine Live Chat SBICAP Securities vs Indira Securities - Onine Live Chat No Yes
Phone Support SBICAP Securities vs Indira Securities - Phone Support Yes Yes
Toll Free Number SBICAP Securities vs Indira Securities - Toll Free Number Yes Yes
Through Branches SBICAP Securities vs Indira Securities - Through Branches Yes Yes
Customer Care Number SBICAP Securities vs Indira Securities - Customer Care Number 1800-209-9345/1800-22-3345 022-66224202,204
Account Opening Process SBICAP Securities vs Indira Securities - Account Opening Process Offline Online/Paperless
Customer Support Email SBICAP Securities vs Indira Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SBICAP Securities vs Indira Securities - Knowledge Center/Education https://www.sbismart.com/education https://www.inspireeducation.co/
Head Office Address SBICAP Securities vs Indira Securities - Head Office Address/Corporate Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Website SBICAP Securities vs Indira Securities - Company Website https://www.sbismart.com https://www.indiratrade.com/
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Tips/Research/Reports Published

Compare SBICAP Securities vs Indira Securities on Research Reports, Tips

Compare SBICAP Securities with Indira Securities on research reports and tips provided by the broker.

Research Reports - Compare SBICAP Securities with Indira Securities
  SBICAP Securities Indira Securities
Research Mutual Funds SBICAP Securities vs Indira Securities - Research Mutual Funds Yes No
Research Equity Reports SBICAP Securities vs Indira Securities - Research Equity Reports Yes Yes
Research ETF SBICAP Securities vs Indira Securities - Research ETF Yes No
Daily Market Report SBICAP Securities vs Indira Securities - Daily Market Report Yes Yes
Free Tips SBICAP Securities vs Indira Securities - Free Tips Yes Yes
Quarterly Result Analysis SBICAP Securities vs Indira Securities - Quarterly Results Yes Yes
News Alerts SBICAP Securities vs Indira Securities - Yes Yes
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Demat Account

Compare SBICAP Securities vs Indira Securities on Demat Account

Compare SBICAP Securities with Indira Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare SBICAP Securities with Indira Securities
  SBICAP Securities Indira Securities
DP Source CDSL CDSL
DP ID SBICAP Securities vs Indira Securities - DP ID 19300 752000
Demat Account Annual Maintenance Charges(AMC) ₹500 ₹450 pa (Second year onwards)
Advance Deposit 0 for all Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹20 or 0.02% whichever is higher
Demat ₹5 per certificate + ₹35 courier charges ₹5 per certificate + ₹35 courier charges
Remat ₹35 per certificate + CDSL Charges ₹50 per RRN
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹50
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹50
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹50 or 0.02% whichever is higher
Failed Instruction Charges ₹10 ₹25
Other Charges Nil Book Charges ₹20,POA Charges ₹130

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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs Indira Securities on Special Offers and Promotion

Compare SBICAP Securities with Indira Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare SBICAP Securities vs Indira Securities on Special Offers and Promotion
  SBICAP Securities Indira Securities
Pay In and Pay Out Options SBICAP Securities vs Indira Securities - Pay In and Pay Out Options 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

Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.

Pay-out/Fund Withdrawal - Bank Transfer only

Payout Time SBICAP Securities vs Indira Securities - Payout Time Upto 24 Hrs except Bank Holidays.

Max 24 hrs except bank holidays

Bank Supported and Charges SBICAP Securities vs Indira Securities - Bank Supported and Charges Direct to SBI Bank.

Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).

Bank Detail Direct to SBI bank account HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
Likes

Detail Review...

Detail Review...

Dislikes
  • It doesn’t offer a separate mutual fund investment platform however, competitors like HDFC Securities and Zerodha have a different MF platform, Digify, and Coin for MF investment.
  • The broker only provides regular mutual funds and doesn’t offer direct mutual funds.
  • Mutual Fund investment facility is not available on its mobile app.

Special Offer

Open SBICAP Securities 3-in-1 account by linking your trading account, demat account, and bank account.

Simply leave your information with us and SBICAP Securities customer representatives will reach you

Detail Review...

  • 3-in-1 account is not available with the broker.
  • Clients based in MP and Rajasthan can't access IndiraTrade fixed brokerage plan
  • No NRI provisioning means NRI can't open an account with IndiraTrade.
  • Although BO and CO are available for both the equity and commodity segment but only on the web platform and not available on the TradeInsta mobile app

Detail Review...

Special Offers/Promo Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.
Enquiry Enquire about SBICAP Securities Enquire about Indira Securities

Last Updated on 2020-03-18T08:48:19+00:00


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