Name: SBI Securities
Brand: SBI Securities
Price: 20 INR
Availability: InStock
Rating: 3.6 (1 reviews)

Overview

SBI Securities provides seamless integration with State Bank of India through its innovative 3-in-1 account combining savings, demat, and trading facilities. The platform offers flat ₹20 brokerage on intraday and F&O trades making it affordable for active traders. Perfect for existing SBI Bank customers seeking convenient fund transfers and consolidated portfolio views across banking and investments. As part of India's largest public sector bank with over two decades of experience and full SEBI regulation, SBI Securities combines institutional credibility with extensive branch network support.

Pros

↑Seamless 3-in-1 account integration with SBI Bank
↑Backed by India's largest bank with extensive branch network
↑Comprehensive research reports and market analysis

Cons

↓Higher delivery brokerage at 0.50% compared to discount brokers
↓Older technology platform compared to newer fintech brokers
↓Call and trade charges after 30 free calls per month

Key Highlights

Welcome Offer
No current promotion

Trading Costs
0.50% or ₹20 minimum
Equity delivery: 0.50% brokerage or ₹25 minimum
Intraday trading: Flat ₹20 per order
Futures and options: Flat ₹20 per order
Plus exchange charges and taxes

Assets & Markets
NSE BSE MCX access
Trade on National Stock Exchange
Trade on Bombay Stock Exchange
Trade on Multi Commodity Exchange
Access to equity, derivatives, and commodities

Why Choose?
3-in-1 account integration
SBI Bank savings account integrated
Demat account for holdings
Trading account for transactions
Real-time fund transfers between accounts
Paperless trading experience

Regulation & Safety
SEBI registered
SEBI Stock Broker: INZ000200032
SEBI Depository: IN-DP-314-2017
SEBI Research Analyst: INH000000602
Member of NSE, BSE, MCX
Part of State Bank of India Group

Account Minimum
₹850 account opening
Trading and demat account: ₹850
Annual maintenance: ₹750 for demat
No minimum deposit required
Additional charges for non-individuals

Key Benefits

Trading Costs

★3.0

▼

Equity delivery: 0.50% brokerage higher than discount brokers
Intraday and F&O: Flat ₹20 competitive with market
Call and trade: ₹10 per call after 30 free calls monthly
Account opening: ₹850 one-time fee
Annual maintenance: ₹750 for demat account
No hidden charges transparent pricing

Platform And Tools

★3.2

▼

SBI Smart web-based trading platform
Mobile app for iOS and Android devices
Basic charting and technical analysis tools
Order types: market, limit, stop-loss
Real-time quotes and market depth
Integration with SBI Bank accounts seamless

Research And Analysis

★4.0

▼

Comprehensive research reports from analysts
Stock recommendations with buy/sell ratings
Market analysis and sector reports
Economic calendar and corporate actions
Educational content for beginners
Daily market updates and newsletters

Mobile Trading

★3.0

▼

SBI Smart mobile app available
iOS and Android platforms supported
Basic trading functionality covered
Live quotes and portfolio tracking
User interface less modern than competitors
Push notifications for orders and alerts

Account Features

★4.2

▼

3-in-1 account unique integration benefit
E-margin facility for leveraged trading
Real-time fund transfers between accounts
NRI account with PIS facility available
IPO application through platform
Mutual fund and insurance distribution
Loan against securities facility

Security And Trust

★4.5

▼

Part of State Bank of India Group
SEBI registered and regulated broker
Member of NSE, BSE, MCX exchanges
Client funds segregated and protected
Regular audits by regulatory authorities
Over 20 years of experience
Strong brand reputation and trust

Customer Support

★3.3

▼

Email and phone support available
115+ branches across India for in-person help
Call and trade facility with relationship managers
Response time varies by channel
No 24/7 support limited hours
Complaint resolution through standard process

Educational Resources

★3.5

▼

Basic educational content for beginners
Market tutorials and trading guides
Research reports with learning value
Webinars occasionally conducted
Limited interactive learning tools
No comprehensive academy program

Available Tools

Trading Tools

▼

Paper Trading	×
Margin Trading	✓
Zero Commission	×
Fractional Shares	×
After Hours Trading	×

Portfolio Tools

▼

Tax Harvesting	×
Islamic Account	×
Auto Rebalancing	×
Dividend Tracker	×
Economic Calendar	✓

Detailed Information

Commission Tiers	No volume-based commission tiers Flat rate structure for all customers Same pricing regardless of trading frequency
Trading Fees	Equity delivery: 0.50% on transaction value (min ₹25) Equity intraday: Flat ₹20 per order Equity futures: Flat ₹20 per order Equity options: Flat ₹20 per order Currency futures: 0.03-0.05% per trade Currency options: ₹20 per lot Commodity: 0.02% per trade Plus exchange transaction charges and taxes
Stock Etf Commission	0.50% (min ₹25)
Options Commission	₹20 per order
Futures Commission	₹20 per order
Financing Rates	E-margin facility available with margins as low as 25% Carry forward positions up to 30 days Margin can be in cash or collateral Interest rates vary based on position and duration
Margin Interest Rate	Competitive market rates apply
Overnight Fees	Interest calculated on deficit amounts
Non Trading Fees	Account opening: ₹850 (individual) Account opening: ₹1000 (non-individual) Demat AMC: ₹750 per year (individual) Demat AMC: Higher for non-individuals Call and trade: ₹10 per call after 30 free calls DP charges: 0.01% on debit transactions through POA
Deposit Fee	₹0
Withdrawal Fee	₹0 for internal transfers
Data Feed Fees	Free real-time quotes on platform
Order Modification Fee	₹0
Vip Fee Tiers	No VIP or volume-based fee tiers

Minimum Spreads	Market determined
Maximum Leverage	Up to 4x with e-margin facility
Margin Call Level	Standard exchange requirements
Stop Out Level	Exchange mandated levels
Negative Balance Protection	Yes
Settlement Period	T+2 for equity delivery T+1 for F&O segment
Order Execution Quality	Direct market access to exchanges Best execution policy followed Order routing to NSE, BSE based on liquidity

Stocks Count	5,000
Etfs Count	200
Crypto Count	0
Forex Pairs Count	0
Product Universe Overview	Comprehensive Indian market coverage Stocks listed on NSE and BSE Equity derivatives F&O segment Commodity futures on MCX Currency derivatives segment Mutual funds and ETFs IPO applications Bonds and NCDs
Geographic Market Coverage	India: National Stock Exchange (NSE) India: Bombay Stock Exchange (BSE) India: Multi Commodity Exchange (MCX) No international market access
Major Markets Details	Full access to NSE equity and derivatives Complete BSE coverage MCX commodity trading Currency derivatives on NSE
Emerging Markets Details	Focus exclusively on Indian markets No access to other emerging markets
Base Currencies Supported	INR (Indian Rupee)

Trading Platforms Overview	SBI Smart web-based platform SBI Smart mobile app for iOS and Android Browser-based access no downloads required Integration with SBI Bank accounts
Desktop Platform	SBI Smart web platform Browser-based trading interface Real-time market data and quotes Portfolio management features Research reports access Order placement and tracking
Mobile App	SBI Smart mobile app Available on iOS and Android Trade on the go functionality Live quotes and watchlists Portfolio monitoring Push notifications for orders
Web Platform	Accessible via any modern browser No software installation needed Secure login with credentials Full trading capabilities Market analysis tools
Trading Tools And Features	Market depth and order book Technical charts with basic indicators Stock screeners and filters Watchlists and alerts Order types: market, limit, stop-loss Bracket and cover orders
Charting And Technical Analysis	Basic charting tools available Common technical indicators Line, bar, and candlestick charts Multiple timeframes Drawing tools for trendlines Less advanced than specialized platforms
Risk Management Tools	Stop-loss orders Margin alerts and monitoring Position limits tracking Risk disclosure at account opening Margin calculator tools
Order Types Available	Market orders Limit orders Stop-loss orders Stop-loss market orders Good till cancelled (GTC) Immediate or cancel (IOC) Bracket orders Cover orders
Integrations And Api Access	No public API available Third-party integrations limited Focus on proprietary platforms
Third Party Platforms	Not supported
Api Rate Limits	Not applicable
Algo Trading Support	Not supported

Customer Support Overview	Email support: [email protected] Phone support during business hours In-person support at 115+ branches Call and trade facility with relationship managers Complaint resolution through SEBI guidelines
Phone Support Hours	Standard business hours Monday-Friday Limited weekend support
Live Chat Availability	Not available
Email Response Time	24-48 hours typically
Languages Supported	English, Hindi Regional language support at select branches
Local Office Presence	115+ SBI Securities branches across India Coverage in all major cities Support through SBI Bank branches
Account Manager	Relationship managers for certain account types Call and trade facility available
Educational Resources Overview	Basic trading guides and tutorials Research reports with market insights Investment terminology explained Beginner-friendly content available Occasional webinars and seminars
Beginner Resources	Getting started guides Video tutorials on platform usage FAQs covering common queries Step-by-step account opening process
Webinars And Tutorials	Occasional market webinars Limited regular educational series
Market Analysis And Research	Daily research reports from analysts Stock recommendations and ratings Sector analysis and thematic reports Market commentary and outlook
Demo Account Details	Not available
Trading Courses	Basic educational content provided No comprehensive certification program
Tax Reporting Help	Annual capital gains statements Tax computation worksheets Guidance on tax compliance

Regulation Overview	SEBI registered stock broker since 2006 Member of NSE, BSE, and MCX NSDL and CDSL depository participant Part of State Bank of India Group Regular regulatory audits and compliance
Primary Regulator	Securities and Exchange Board of India (SEBI)
License Number	Stock Broker: INZ000200032 DP Registration: IN-DP-314-2017 Research Analyst: INH000000602 Portfolio Manager: INP000004912 CIN: U65999MH2005PLC155485
Investor Protection Scheme	Client funds segregated from broker funds Held in designated client accounts Regular audits by SEBI and exchanges Investor grievance redressal mechanism Part of SBI Group provides additional credibility
Security Features	Secure login with credentials Two-factor authentication available SSL encryption for data transmission Regular security audits Demat holdings protected under regulatory framework

Commission Tiers

No volume-based commission tiers
Flat rate structure for all customers
Same pricing regardless of trading frequency

Trading Fees

Equity delivery: 0.50% on transaction value (min ₹25)
Equity intraday: Flat ₹20 per order
Equity futures: Flat ₹20 per order
Equity options: Flat ₹20 per order
Currency futures: 0.03-0.05% per trade
Currency options: ₹20 per lot
Commodity: 0.02% per trade
Plus exchange transaction charges and taxes

Stock Etf Commission

0.50% (min ₹25)

Options Commission

₹20 per order

Futures Commission

₹20 per order

Financing Rates

E-margin facility available with margins as low as 25%
Carry forward positions up to 30 days
Margin can be in cash or collateral
Interest rates vary based on position and duration

Margin Interest Rate

Competitive market rates apply

Overnight Fees

Interest calculated on deficit amounts

Non Trading Fees

Account opening: ₹850 (individual)
Account opening: ₹1000 (non-individual)
Demat AMC: ₹750 per year (individual)
Demat AMC: Higher for non-individuals
Call and trade: ₹10 per call after 30 free calls
DP charges: 0.01% on debit transactions through POA

Deposit Fee

₹0

Withdrawal Fee

₹0 for internal transfers

Data Feed Fees

Free real-time quotes on platform

Order Modification Fee

₹0

Vip Fee Tiers

No VIP or volume-based fee tiers

SBI Securities

Overview

Pros

Cons

Key Highlights

Key Benefits

Available Tools

Detailed Information

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Cons