Know everything about SBI Securities Review here. SBI Securities is the full-service stockbroking arm of India’s leading SBI banking group and was established in 2006.

Founded by Arun Mehta, this public organization operates from Mumbai. The organization offers a wide range of trading and investment products and services to not only Indian residents but also to NRIs living worldwide.

Moreover, investors can trade and invest online in Mutual Funds, Equity, IPOs, Derivatives, ETFs, and NCDs at competitive SBI Securities Charges.

In the SBI Securities Review, you will learn every key detail about the stock broker, including brokerage charges, trading platforms, offers, and more.

Broker Type Full Service Broker
Active Clients 6 Lakh+
Account Opening Charges Rs. 850
AMC Rs. 750
Delivery Charges 0.50% of transaction value
Intraday Charges 0.075% on transaction value

SBI Securities - Company Overview

Company Type

Public

Headquarters

Mumbai

Founder

Arun Mehta

Establishment Year

2006

Why Trade or Invest with SBI Securities?

Here given points highlights the perks you can avail of by trading and investing with SBI Securities:

  • SBI securities offer access to multiple user-friendly, technologically advanced apps and trading platforms to provide users with a seamless trading and investing journey.
  • By opening an SBI Securities Account, you can trade in NSE and BSE registered Equity, Cash, Currency, Mutual Funds, Derivatives, and more.
  • Customers can gain valuable insights into the stock market with the firm’s free-of-cost research reports. These reports include derivative research, stock fundamentals, sector-specific, currency market, and mutual fund research reports.
  • You can transfer your funds and shares instantly with the brokerage house.

SBI Securities Brokerage Charges

Brokerage Plan

Standard Plan

Subscription Charges

Zero

Equity Delivery

0.50% of Transaction Value

Equity Intraday

0.075% of Transaction Value

Equity Future

0.05% of Transaction Value

Equity Option

Rs.50 to Rs.100 per lot

Commodity Future

0.05% of Transaction Value

Commodity Option

Rs.50 to Rs.100 per lot

Currency Future

0.05% of Transaction Value

Currency Option

Rs.20 to Rs.30 per lot

Clients can subscribe to the ‘Standard’ SBI Securities Brokerage plan without charges. The brokerage charges for Equity Delivery is fixed at 0.505 of the transactional value.

  • The firm charges 0.05% brokerage for Equity, Commodity, and Currency instruments in the Future Market.
  • Equity Intraday facility is available by paying 0.075% of the transaction value as brokerage charges.
  • The brokerage for Equity and Commodity products in the Option Market varies from Rs.50 to Rs.100 per lot.
  • You can trade or invest in Currency Option after incurring brokerage charges from Rs.20 to Rs.30 per lot.

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How to Open SBI Securities Demat Account?

Wanting to open an SBI Securities Demat Account? Follow the following explained process:

  1. Submit the below-given form after entering accurate details to get professional advice.
  2. Head to the official site of SBI Securities and tap the ‘Open an Account’ icon.
  3. Give your name, email id, and phone number, then request an OTP to verify the information.
  4. Provide a valid PAN number, personal details, and birth date.
  5. Make sure to add bank account details, like account number, IFSC code, branch, etc.
  6. Choose the segment you look forward to trading or investing in, like Equity, Currency, Commodity, and F&O.
  7. Upload valid documents, including address proof, signature, PAN card, etc.
  8. Request an in-person verification process, and sign the account opening form digitally.

Types of SBI Securities App, Trading Platforms & Tools

Web Trading Platform

Trading Terminal

Available

Algo Trading Platform

NA

Foreign Stocks Trading Platform

NA

Basket Trading Platform

Available

Mutual Fund Investment Platform

Available

Digital Gold Investment Platform

NA

Bonds Investment Platform

Available

SBI Securities is a technologically innovative brokerage house that provides seamless online trading and investing experience with multiple platforms.

In addition to SBI Securities App, customers can leverage web-based and desktop trading platforms.

With SBI Securities, users can also log in to Trading Terminal, Basket trading, Mutual Fund investment, and Bonds investment platform.

All these platforms have all fundamental features like watchlists, wishlists, portfolio tracking, UPI fund transfer, and more.

SBI Securities App, Trading Platforms & Tools - Features

Wishlist

Yes

Real Time Updates

Yes

Portfolio Details

Yes

Online MF Buy

Yes

Research Reports

Yes

Global indices

No

Customised Recommendations

No

Stock tips

Yes

Interactive charts

Yes

Live market

Yes

Multi Profile Management

Yes

Robust & Secure Platform

Yes

Since SBI Securities’ all web-based, mobile-based, and desktop terminal-based trading platforms are developed in-house, users can expect full-fledged support.

Here is the SBI Securities Review of each trading platform:

SBI Smart Mobile App

A typical mobile trading app, SBI Smart provides high performance with an engaging user experience. The app has an intuitive-designed user interface with attractive features and functionalities.

The following listed are some exciting features of SBI Smart:

  • Access to updated live quotes.
  • Professionally drafted research calls and reports.
  • The app allows clients to keep track of their net positions and holdings.
  • Get updated information about the stock market.
  • Monitor your total margin and available limits.
  • Place buy or sell orders with a single click.
  • Biometric login feature via face ID, fingerprint, and MPIN.

SBI Smart Xpress

A desktop-terminal-based trading platform, you can download and install SBI Smart Xpress on your laptop or computer.

This tool is ideal for traders who trade frequently and want excellent performance with immediate order execution.

The following listed are some fundamental features of SBI Smart Xpress:

  • Adding preferred investment options in the wishlists.
  • Creating and monitoring watchlists.
  • Live streaming of market updates.
  • Users can receive on-screen stock market alerts.
  • Next-generation charting tools are equipped with many technical indicators.
  • Updated trade and order book that can be refreshed automatically.
  • Expertly written research reports.
  • Allowing users to cancel, change, or square off the pending orders’ position.
  • You can reposit the column display according to your preference.

SBI Smart Web

SBI Smart Web is a browser-based trading platform with a simple and easy-to-use user interface.

Users need not download or install additional software and can access the platform by providing legal credentials.

Now that it’s a responsive application, it is compatible with any device, including mobile, desktop, laptop, or tablet.

The following listed are some salient features of SBI Smart Web:

  • Track stock market movement in real-time.
  • Keep track of your investment portfolio.
  • Get professional trading tips and research recommendations.
  • Customizing the screen to add multiple windows and widgets.
  • Users can refer to stock screeners to analyze performing and non-performing stocks.
  • You can place an After Market Order (AMO) for future trades.
  • Analytical tools and financial calculators can be used to decide accurately.

SBI Securities Offers

Free Account Opening

No

Free AMC

No

Free Brokerage

No

Flat Brokerage

No

Flexible Brokerage Plans

Yes

Happy Trading Hours

No

Free Delivery Trading

No

Free Intraday Trading

No

Free F&O Trading

No

Free Research Reports

Yes

Free Trading calls

Yes

Referral Offers

Upto Rs.700 per Client

Margin Funding / Pledging

Yes

Brokerage Cashback

Yes

Zero Brokerage for Loss Making Trades

No

Below discussed are the SBI Securities offers:

  • The brokerage house allows clients to subscribe to flexible brokerage plans.
  • You can avail of the facility of free trading calls.
  • Professionally drafted research reports are provided for free.
  • You can ask for cashback on brokerage,
  • Margin funding or pledging facility allows clients to buy or sell financial instruments without paying total purchase consideration upfront.
  • SBI Securities’ referral program enables referral agents to earn a maximum of Rs.700/client.

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SBI Securities Review - Products Offered

Equity Delivery

Yes

Equity Intraday

Yes

Equity Option

Yes

Equity Future

Yes

Commodity Option

Yes

Commodity Future

Yes

Currency Option

Yes

Currency Future

Yes

Foreign Stocks

No

Mutual Funds

Yes

Banking

Yes

Insurance

Yes

Corporate Bonds

Yes

Govt. Bonds

Yes

Digital Gold

No

SBI Securities Review - Services Provided

Demat Services

Yes

Trading Services

Yes

Intraday Services

Yes

F&O Services

Yes

IPO Services

Yes

3 in 1 Account

Yes

Stock Research

Yes

Stock Recommendations

Yes

Trading Institution

Yes, Investor Sarathi

Share Pledging

Yes

PMS or PCG

Yes

NRI Services

Yes

SBI Securities Research & Advisory

Fundamental Reports

Yes

Research Reports

Yes

Company Reports

Yes

Annual Reports

Yes

IPO Reports

Yes

Technical Reports

Yes

Stock Tips

Yes

Daily Top Stock Picks

Yes

Daily Market Review

Yes

Monthly Review

Yes

Weekly Review

Yes

Relationship Manager

Yes

Robo Advisory

No

Traders and investors with SBI Securities Trading Account can leverage world-class research support facilities. The company offers a wide array of research reports:

  • With Fundamental Reports, you can understand how stock pricing or intrinsic value works.
  • Research Reports inform you of every stock exchange market aspect in detail.
  • Company Reports are a great source to know about the financial performance and position of SBI Securities.
  • You can uncover the companies registering for Initial Public Offering with IPO Reports.
  • In addition, SBI Securities provides Annual and Technical Reports, Stock Tips, Market Reviews, and Stock Picks.

SBI Securities Margin or Exposure or Leverage

Equity Delivery

1x

Equity Intraday

Upto 5x (Depends on Stocks)

Equity F&O Carry Forward

1x

Equity F&O Intraday

1.3x

Commodity F&O Carry Forward

1x

Commodity F&O Intraday

1.3x

Currency F&O

1x

The margin or leverage details of SBI Securities are as follows:

  • The SBI Securities Margin or leverage for Equity Delivery is 1x.
  • You can retain a maximum of 5x exposure when trading in Equity Intraday.
  • The exposure for equity and Commodity in the F&O Carry Forward market is 1x.
  • The exposure for Equity and Commodity in the F&O Intraday market is 1.3x.
  • SBI Securities provide the exposure of 1x for Currency F&O.

SBI Securities Review - Programs

Sub Broker Program

Yes

Partner Program

Yes

Referral Program

Yes

SBI Securities Review & Rating by Finec.in

Overall Rating

8.95 / 10

Customer Support

8.92 / 10

Technology

9.06 / 10

Charges

8.99 / 10

Products & Service

8.90 / 10

Experience

8.88 / 10

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SBI Securities Customer Support

Trading Support

Available, Free

Dedicated Dealer

Available, Free

Call Support

022-68545555

Email Support

helpdesk@sbicapsec.com

Whatsapp Support

NA

Website Support

Facebook Support

Twitter Support

Telegram Support

Branches / Offices

Available

With 8.92 ratings for SBI Securities Customer Care, you can expect high-quality customer support.

The company covers almost every communication channel to provide exceptional customer support. The firm equips clients with trading support and dedicated dealer free of cost.

You can call on a toll-free number, i.e., 022-68545555, or send an email at helpdesk@sbicapsec.com to get your query resolved.

Furthermore, the company renders website, Facebook, Telegram, and Twitter Support. With 125+ branches, traders and investors can opt for in-office customer support.

SBI Securities Complaints & Feedback

Total Complaints Lodged

182

Total Complaints Resolved

162

% of Resolved Complaints

89.01%

Non Actionable Complaints

11

% of Non Actionable Complaints

6.04%

The total number of SBI Securities Complaints last year was 182. And the firm achieved a score of 89.01% by resolving 162 complaints.

Out of 182 customer complaints, SBI Securities found 11 complaints to be non-actionable. Therefore, the percentage of non-actionable complaints was 6.04%.


SBI Securities Charges

Check out the various fees, apart from brokerage, charged by the broking house.

SBI Securities Account Opening Charges

  • Account opening charges are Rs.850.
  • Active clients must pay Rs.750 every year for account maintenance.

STT & CTT Charges

  • STT & CTT charges for buying and selling Equity Delivery are 0.1%
  • You must pay 0.025% STT & CTT charges for Equity Intraday on the sell side.
  • 0.0625% is charged for selling Equity Option.
  • Commodity Option charges for the sell side are 0.05%.

Stamp Duty Charges

These are the Stamp Duty charges for different trading and investment options with SBI Securities:

  • Stamp duty charges for buying Equity Delivery are 0.015%.
  • You can purchase Equity and Commodities in the Options market by paying 0.003% charges.
  • Currency Future and Option charges on the buy side are 0.001%.

Transaction Charges

Here are SBI Securities transaction charges as per BSE and NSE:

  • The firm asks for 0.00335% charges for Equity Delivery and Intraday.
  • Charges for Equity Future are 0.002%, and 0.053% are for Equity Option.
  • NSE specifies 0.0009% transaction charges for Currency Future, and BSE fixes 0.00022% charges.

Pledge Charges

  • You must pay Rs. 25 for each Pledge Creation and Invocation request.

SBI Securities Hidden Charges

  • You can reactivate your account by paying Rs.100.
  • Rs.18 per certificate are the Dematerialization charges.

SBI Securities Account Opening Charges

Account Opening Charges

Rs.850

Annual Maintenance Charges (AMC)

Rs.750

SBI Securities STT & CTT Charges

Equity Delivery

0.1% on buy & sell

Equity Intraday

0.025% on sell

Equity Future

0.0125% on sell

Equity Option

0.0625% on sell (on premium)

Commodity Future

0.01% on sell (Non-Agri)

Commodity Option

0.05% on sell

Currency Future

Nil

Currency Option

Nil

SBI Securities Stamp Duty Charges

Equity Delivery

0.015% on buy

Equity Intraday

0.003% on buy

Equity Future

0.002% on buy

Equity Option

0.003% on buy

Commodity Future

0.002% on buy

Commodity Option

0.003% on buy

Currency Future

0.0001% on buy

Currency Option

0.0001% on buy

SBI Securities Transaction Charges

Equity Delivery

0.00335% (NSE) & As per Stock (BSE)

Equity Intraday

0.00335% (NSE) & As per Stock (BSE)

Equity Future

0.002% (NSE & BSE)

Equity Option

0.053% (on premium)

Commodity Future

0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)

Commodity Option

0.05% (Non Agri)

Currency Future

0.0009% (NSE) & 0.00022% (BSE)

Currency Option

0.037% (NSE) & 0.001% (BSE)

SBI Securities Pledge Charges

Pledge Creation Charges

Rs.25 per Request

Pledge Invocation Charges

Rs.25 per Request

Interest on Margin Trading

0.045% per day

SBI Securities Hidden Charges

SEBI Turnover Charges

Rs.10/ Crore (All Segment)

DP Charges

Rs.20 per Scrip only on Sell

GST

18% on (Brokerage + SEBI + Transaction charges)

Account Closure Charges

Nil

Reactivation Charges

Rs.100

Dematerialisation Charges

Rs.18 per Certificate

Call & Trade Charges

Rs.50 per Trade


SBI Securities Review – Conclusion

Regarding SBI Securities Review, the brokerage house provides its clients with almost every financial product and service.

Since it’s the SEBI registered subsidiary of India’s largest commercial bank (SBI), the company is trusted by all its customers.

Moreover, SBI Securities strives to establish itself as a technological leader. So, it offers satisfactory mobile-based, desktop terminal, and web-based trading platforms.

Hence, your trading and investing future are in reliable and safe hands with SBI Securities.


FAQs on SBI Securities

Here are various FAQs related to SBI Securities Review.

Is SBI Securities a Safe Broker?

SBI Securities is a stock broking arm of a trustworthy public, commercial bank, i.e., SBI.

Moreover, it is a SEBI-registered brokerage house and a member of the NSE and BSE. Both these points make SBI Securities a safe broker.

Is SBI Securities Good for Beginners?

A beginner trader or investor always looks for affordable trading and investing experience.

Since SBI Securities charges a higher brokerage amount for opening and maintaining an account, beginners should opt for another broker with the cheapest flat brokerage.

How many active clients does SBI Securities have?

More than 6 lakh clients have opened SBI Securities accounts to trade and invest in the stock market.

Who is the Founder of SBI Securities?

Arun Mehta is the man behind the incorporation of SBI Securities.

Does SBI Securities provide Free Delivery Trading?

You can’t avail of a free Delivery Trading experience with SBI Securities. Its clients pay 0.50% of the transaction value as Delivery Trading charges.

What are Intraday Trading Charges in SBI Securities?

SBI Securities’ active clients must pay 0.075% on Intraday Trading transaction value.

What are SBI Securities F&O Charges?

The SBI Securities charges for Equity Future are 0.05% of transactional value. And charges for Equity Options vary from Rs.50 to Rs.100 per lot.

Does SBI Securities charge for Commodity Trading?

The SBI Securities charges for Commodity Future are 0.05% of transactional value. And charges for the Commodity Option vary from Rs.50 to Rs.100 per lot.

Does SBI Securities charge for Currency Trading?

The SBI Securities charges for Currency Future are 0.05% of transactional value. And charges for Currency Option varies from Rs.20 to Rs.30 per lot.

Does SBI Securities provide Research?

SBI Securities provides top-notch research supports to its active clients.

You can ask for Fundamental, Company, Research, Technical, and Annual reports, expert stock tips, market reviews, and stock picks.

How to contact SBI Securities Customer Care?

You can contact SBI Securities customer care via a toll-free number, i.e., 022-68545555, or email helpdesk@sbicapsec.com.

Moreover, the company provides customer support through its website, branches, and social media channels.

How much is AMC in SBI Securities?

Active clients must pay Rs.750 every year for account maintenance in SBI Securities.

What are Account Opening Fees in SBI Securities?

Account opening charges are Rs.850 in SBI Securities.

What are Pledge Creation Charges in SBI Securities?

SBI Securities ask its clients for Rs.25 for each Pledge Creation request.

How much are Pledge Invocation Fees in SBI Securities?

SBI Securities ask its clients for Rs.25 for each Pledge Invocation request.

Does SBI Securities levy any Interest on Margin Trade Funding?

SBI Securities’ Interest on Margin Trade Funding is 0.45% per day.

What are DP Charges in SBI Securities?

Depositary Participant (DP) charges in SBI Securities are Rs.20 for each scrip when selling Equity, Commodity, Currency, Derivative, etc.

Does SBI Securities levy any Account Closure Fees?

Account Closure Fees are nil in SBI Securities.

What are Account Reactivation Fees in SBI Securities?

You can reactivate your SBI Securities Account by depositing Rs.100.

What are Call & Trade Charges in SBI Securities?

The charges for Calling & Trading in SBI Securities are Rs.50/trade.


 

Customer ratings and reviews of SBI Securities

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