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Zerodha Vs SBICAP Securities: Which one is better?

Both the brokers are registered with SEBI. Zerodha offers investmenet in Equity, F&O, Currency and Commodities, where SBICAP Securities offers investment in Equity, F&O and Currency only. The brokerage of Zerodha Max Rs 20 per trade while the brokerage of SBICAP Securities ranges between .05 to 0.50%. Zerodha is a Discount Broker where SBICAP Securities is a Full Service Broker. Zerodha is having overall higher rating compare to SBICAP Securities. Zerodha is rated 4.5 out of 5 where SBICAP Securities is rated only 4 out of 5. Number of active customer for Zerodha is 72,23,525 where number of active customer for SBICAP Securities is 8,55,994. Zerodha is serving more customer compare to SBICAP Securities.

Here we present side-by-side comparison of Zerodha vs SBICAP Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Zerodha vs SBICAP 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 Zerodha vs SBICAP Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Zerodha vs SBICAP 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 Zerodha vs SBICAP Securities on Service

  Zerodha Compare
Zerodha
SBICAP Securities Compare
SBICAP Securities
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? NSE, BSE, MCX NSE, BSE
Active Clients 72,23,525 8,55,994
Broker Overview Zerodha is India's number 1 discount broker offering free equity and mutual fund investment, Rs 20 flat brokerage trading, and user-friendly Kite trading platform. 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
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of Zerodha with SBICAP Securities on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - Zerodha charges Rs 300 PA AMC for Demat account where SBICAP Securities charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Zerodha with SBICAP Securities
Charges Zerodha SBICAP Securities
Trading Account Opening Fees Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) Rs 850
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Zerodha vs SBICAP Securities on Plan Options

Plans are the most important feature you look when compare Zerodha with SBICAP 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 Zerodha with SBICAP Securities on Plan Options
Plan Types Zerodha SBICAP 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 Zerodha vs SBICAP Securities on Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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.

Brokerage Charges - Compare Zerodha with SBICAP Securities
Brokerage Charges Compare Zerodha SBICAP Securities
Plan Name Max Rs 20 per order Trading Plan Standard or default brokerage plan
Equity Delivery Free 0.50%
Equity Intraday 0.03% or Rs 20 whichever is lower 0.05%
Equity Futures 0.03% or Rs 20 whichever is lower 0.05%
Equity Options Flat Fee Rs 20 Rs 100 Per Lot
Currency Futures 0.03% or Rs 20 whichever is lower 0.03%
Currency Options Flat Fee Rs 20 Rs 30 Per Lot
Commodity Trading Flat Fee Rs 20 Rs. 100 per lot
Minimum Brokerage NIL Rs 0.05 for Cash, Rs 0.01 Future
Hidden Charges No Info Not Available
Funding Info Not Available Yes - 24% interest PA
Call & Trade Charges Rs 50 Per Executable Order Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call.
Auto Square off Charges Rs 50 Per Executable Order First Free 30 per month, after Rs 10 per square-off
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for SBICAP Securities
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Share Broker's Transaction Charges

Compare Zerodha vs SBICAP Securities on Transaction Charges

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

Transaction Charges - Compare Zerodha with SBICAP Securities
Transaction Charges Compare Zerodha SBICAP 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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for zerodha Complete Brokerage Plans for sbicap-securities
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Account Features

Compare Zerodha vs SBICAP Securities on Account Features

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

Account Features - Zerodha with SBICAP Securities
Account Features Compare Zerodha SBICAP Securities
3 in 1 Account Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:10 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL Trading software terminal: ODIN Diet
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Trading Platform

Compare Zerodha vs SBICAP Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha and SBICAP 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 Zerodha with SBICAP Securities
Trading Platform Compare Zerodha SBICAP Securities
Desktop Trading Platform Kite By Zerodha SBISMART XPRESS - NextTrader
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login1.sbismart.com/nidp/app/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Zerodha Kite SBISMART
Mobile Trading App Demo Zerodha Kite Demo SBISMART Demo
Android Mobile App Yes Yes
Android App Download Andriod Zerodha Kite Download Andriod SBISMART Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Zerodha Kite Download iOS SBISMART 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 Zerodha Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for SBICAP Securities
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for SBICAP Securities
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for sbicap-securities

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Broker Ratings by Users

Compare Zerodha vs SBICAP Securities on User Rating

  Zerodha SBICAP Securities
  160 Customer Reviews    Rate Zerodha 78 Customer Reviews    Rate SBICAP Securities
Fees Ratings 4.0 3.3
Trading Brokerage Rating 4.4 3.1
Trading Platform Usability 3.7 2.8
Customer Service Ratings 3.8 2.7
Overall Ratings 3.9 2.7
Broker Rating Zerodha is Rated 3.9 / 5 based on 160 customer reviews SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews
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Investment Offerings

Compare Zerodha vs SBICAP Securities on Investment Offerings

Compare Zerodha with SBICAP 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 - Zerodha 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 Zerodha with SBICAP Securities
Investment Offerings Compare Zerodha SBICAP Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No Yes
Insurance No 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 Zerodha vs SBICAP Securities on Order Types

Order Type - Compare Zerodha with SBICAP 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) - SBICAP Securities provides Bracket Orders (BO) where Zerodha doesn't offer.With the name its cleare 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 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 Zerodha with SBICAP Securities
Order Type Compare Zerodha SBICAP Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Zerodha vs SBICAP Securities on Customer Service

Compare Zerodha with SBICAP 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 Zerodha with SBICAP Securities
Customer Service Compare Zerodha SBICAP Securities
24/7 Customer Service Zerodha vs SBICAP Securities - 24x7 customer support No No
Email Support Zerodha vs SBICAP Securities - Email Support Yes Yes
Onine Live Chat Zerodha vs SBICAP Securities - Onine Live Chat No No
Phone Support Zerodha vs SBICAP Securities - Phone Support Yes Yes
Toll Free Number Zerodha vs SBICAP Securities - Toll Free Number No Yes
Through Branches Zerodha vs SBICAP Securities - Through Branches Yes Yes
Customer Care Number Zerodha vs SBICAP Securities - Customer Care Number "+ 91 80 4040 2020" 022 6854 5555
Account Opening Process Zerodha vs SBICAP Securities - Account Opening Process Online/Paperless Offline
Customer Support Email Zerodha vs SBICAP Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Zerodha vs SBICAP Securities - Knowledge Center/Education https://zerodha.com/varsity/ https://www.sbismart.com/education
Head Office Address Zerodha vs SBICAP Securities - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Website Zerodha vs SBICAP Securities - Company Website https://zerodha.com/ https://www.sbismart.com
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Tips/Research/Reports Published

Compare Zerodha vs SBICAP Securities on Research Reports, Tips

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

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

Compare Zerodha vs SBICAP Securities on Demat Account

Compare Zerodha with SBICAP 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 SBICAP Securities is ₹500 where for Zerodha is ₹300 pa.

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 Zerodha is ₹8 + ₹5.50 (CDSL Charges) per transaction where for SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300).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 Zerodha with SBICAP Securities
  Zerodha SBICAP Securities
DP Source CDSL CDSL
DP ID Zerodha vs SBICAP Securities - DP ID 81600 19300
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹500
Advance Deposit Nil 0 for all
Statutory charges ₹50 Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction 0.01% of the transaction value (Min ₹21 and Max ₹300)
Demat ₹150 per certificate + ₹100 courier charges ₹5 per certificate + ₹35 courier charges
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹35 per certificate + CDSL Charges
Pledge Creation ₹20 + ₹12 CSDL charges 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Creation Confirmation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Closure ₹20 + ₹12 CSDL charges 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Closure Confirmation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Invocation ₹20 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Failed Instruction Charges ₹50 per instraction ₹10
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Zerodha vs SBICAP Securities on Special Offers and Promotion

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

Compare Zerodha vs SBICAP Securities on Special Offers and Promotion
  Zerodha SBICAP Securities
Pay In and Pay Out Options Zerodha vs SBICAP Securities - Pay In and Pay Out Options pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
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 Zerodha vs SBICAP Securities - Payout Time Max 24 hrs except for bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Zerodha vs SBICAP Securities - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Direct to SBI Bank.
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Direct to SBI bank account
Likes

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

  • 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...

Dislikes
  • Does not offer Lifetime free AMC account
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Bracket order is not offered by Zerodha
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.
  • Software glitches in Kite happens at certain times.

Detail Review...

  • 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...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-03-28T01:27:50+00:00