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SBICAP Securities Vs Indira Securities: Which one is better?

Both the brokers are registered with SEBI. SBICAP Securities offers investmenet in Equity, F&O and Currency only, where Indira Securities offers investment in Equity, F&O, Currency and Commodities.. The brokerage of SBICAP Securities ranges between .05 to 0.50% while the brokerage of Indira Securities ranges between 0.01% to 0.10%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for SBICAP Securities is 8,55,994 where number of active customer for Indira Securities is 8,736. SBICAP Securities is serving more customer compare to Indira Securities.

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? NSE, BSE NSE, BSE, MCX
Active Clients 8,55,994 8,736
Broker Overview Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP Securities Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the...Know more about Indira Securities
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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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 500 PA AMC for Demat account where Indira Securities charges Rs 400 PA 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 500 PA Rs 400 PA
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 - Both the brokers don't have Multiple Plans, brokers offer only single plan.. 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 No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
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 a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.

Brokerage Charges - Compare SBICAP Securities with Indira Securities
Brokerage Charges Compare SBICAP Securities Indira Securities
Plan Name Standard or default brokerage plan Traditional Brokerage Plan
Equity Delivery 0.50% 0.10%
Equity Intraday 0.05% 0.01%
Equity Futures 0.05% 0.01%
Equity Options Rs 100 Per Lot Rs. 25 per lot (both side)
Currency Futures 0.03% Flat Fee Rs 20
Currency Options Rs 30 Per Lot Futures: 0.01%|Options: Rs. 25 per lot (both side)
Commodity Trading Rs. 100 per lot Futures: 0.01%|Options: Rs. 25 per lot (both side)
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 Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Free
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off Free
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage 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 NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 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

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Broker Ratings by Users

Compare SBICAP Securities vs Indira Securities on User Rating

  SBICAP Securities Indira Securities
  78 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 2.7 3.0
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 78 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- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

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 Yes Yes
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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 022 6854 5555 +91-(0)731-4797105/115/146
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.indiratrade.com/blog
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. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Indira Securities is ₹450 pa (Second year onwards) where for SBICAP Securities is ₹500.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) where for Indira Securities is ₹20 or 0.02% whichever is higher.You can see this charges on debit of Equity/Mutual Funds from your demat account.

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
  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

Detail Review...

  • Trade in shares, derivatives, commodities, and currencies.
  • Paperless account opening at zero charges.
  • Invest in mutual funds online.
  • Safe & secure trading platform; Trade Insta app and Trader Terminal.
  • Free stock trading tips, and research & advisory.
  • Automated trading and robotic advisory services.
  • Free call & trade
  • Place advance order like bracket order, cover order, after market order.
  • Refer & earn benefits.
  • Margin trading facility.

Detail Review...

Dislikes
  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

  • 24*7 customer support is not available.
  • You cannot open a 3-in-1 account with Indira Securities.
  • It doesn’t facilitate NRI trading services.
  • High brokerage charges compared to other brokers.
  • MF Planet platform only provides regular mutual fund schemes.

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 Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-13T02:35:55+00:00