SBI Securities, which is a subsidiary of the State Bank of India, is a reputable full-service stockbroker that offers a variety of investment and trading services. It is accessible to clients via the SBI Smart Money app and web portal while offering clients equity, derivatives, mutual funds, IPOs, ETFs, and bonds. With the backing of SBI’s extensive financial network, clients are provided with comfort, reliability, transparency, and the ease of transferring funds. Ultimately, the broker has research reports, investment advisory, and portfolio management support, making their services useful for both newer and seasoned investors alike. In addition, they provide competitive brokerage plans, as well as customer support, and have proven to be a trustworthy avenue for wealth creation.
| Services Rating | SBI Securities |
|---|---|
| Overall Rating | ★★★★★ |
| Brokerage Charges | ★★★★★ |
| Trading Platform | ★★★★★ |
| Investments Offering | ★★★★★ |
| Customer Service | ★★★★★ |
| Broker Type | Full Service Broker |
| Exchanges Supported | NSE, BSE |
| Active Clients | 991,155 active |
| Broker Overview | SBI Securities Review |
Account Opening Charges and AMC
SBI Securities offers a free trading account and demat account opening and charges an Annual Maintenance Charge (AMC) of 0.
| Charges | SBI Securities |
|---|---|
| Trading Account Opening | 0 |
| Trading AMC | 0 |
| Demat Account Opening | 0 |
| Demat AMC | 0 |
| Provide DP Service | Yes |
Brokerage Plans
SBI Securities offers multiple brokerage plans, including both monthly and yearly options — giving traders flexibility based on their trading volume.
| Plan Types | SBI Securities |
|---|---|
| Multiple Plans | Available |
| Monthly Plans | - |
| Yearly Plans | Available |
| Plan | Delivery | E-margin* | Intraday | Futures | Options | ETF^ | Currency |
| SUVIDHA | 0.50% | 0.50% | Rs 20 per order | 0.05% | Rs 50 per lot | Rs 20 per order | Rs 100 per lot |
| PRO 749 | 0.35% | 0.50% | Rs 20 per order | 0.02% | Rs 20 per lot | Rs 20 per order | Rs 20 per lot |
| OIOP- 3K | 0.20% | 0.40% | Rs 20 per order | Rs 20 per order | Rs 20 per order | FREE | Rs 20 per order |
| OIOP- 10K | 0.10% | 0.40% | Rs 20 per order | Rs 20 per order | Rs 20 per order | FREE | Rs 20 per order |
| PRO ZERO | 0.20% | 0.50% | Nil | Nil | Rs 20 per order | FREE | Rs 20 per order |
Brokerage Charges
SBI Securities provides transparent and affordable brokerage services. However, specific rates for different segments are not currently available.
| Brokerage Charges | SBI Securities |
|---|---|
| Plan Name | - |
| Equity Delivery | |
| Equity Intraday | |
| Equity Futures | |
| Equity Options | |
| Currency Futures | |
| Currency Options | |
| Commodity Futures | |
| Commodity Options | |
| Hidden Charges | No |
| Call & Trade Charges | ₹20 per executed order |
| Auto Square off Charges | ₹40 per order |
| Brokerage Calculator | SBI Securities Brokerage Calculator |
Transactions Charges
| Transactions Charges | SBI Securities |
|---|---|
| Equity Delivery | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Intraday | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Futures | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 |
| Equity Options | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) |
| Currency Futures | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) |
| Currency Options | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) |
| Commodity |
Account Features
SBI Securities provides advanced account features including easy 3-in-1 account setup, advanced charting and analysis tools, algo trading support for automation, instant SMS alerts for market updates, online demo sessions and video tutorials, an online portfolio accessible anytime, NRI trading and investment access, making it a complete trading and investment platform suitable for both beginners and professionals. Overall, SBI Securities provides advanced account features including easy account setup, smart trading tools, interactive charts, algo trading, online demo guidance, and a personalized online portfolio, making it a complete trading and investment platform for all users.
| Compare Account Features | SBI Securities |
|---|---|
| 3-in-1 Account | Yes |
| Charting | Yes |
| Algo Trading | Yes |
| SMS Alerts | Yes |
| Online Demo | Yes |
| Online Portfolio | Yes |
| Margin Trading Funding Available | Yes |
| Combined Ledger for Equity and Commodity | Yes |
| Intraday Square-off Time | 3:20 PM |
| NRI Trading | Yes |
Trading Platforms
SBI Securities provides a seamless trading experience across multiple platforms including a modern web-based trading platform, a mobile-friendly trading interface, an Android trading app, an iPhone trading app, an Android tablet app, an iPad trading app. Traders can access their accounts anytime, whether on web or mobile devices. The software ensures fast execution, stability, and real-time performance for all users.
| Trading Platforms | SBI Securities |
|---|---|
| Web Trading Platform | Yes |
| Web Trading Detail | SBI Securities |
| Mobile Trading | Yes |
| Mobile Trading App | Yes |
| Android Mobile App | Yes |
| Android App Download | Download |
| iPhone Mobile App (IOS) | Yes |
| iOS App Download | Download |
| Android Tablet App | Yes |
| iPad App (IOS) | Yes |
| Trading Software Charges | Nil |
Broker Ratings
SBI Securities maintains impressive ratings with fees rated 4.2, brokerage rated 3.8, platform usability rated 3.9, and customer service rated 3.9. The broker’s overall rating stands at 3.9 out of 5, reflecting its balanced performance across key areas. Overall, SBI Securities is recognized for offering dependable service, fair pricing, and a user-friendly trading experience.
| Broker Ratings | SBI Securities |
|---|---|
| Fees Ratings | 4.2 |
| Trading Brokerage Rating | 3.8 |
| Trading Platform Usability | 3.9 |
| Customer Service Ratings | 3.9 |
| Overall Ratings | 3.9 |
Investment Offerings
SBI Securities offers a wide range of investment options including equity cash and F&O, currency derivatives, commodity trading, online IPO applications, mutual funds, bonds and NCDs, and more — giving investors complete portfolio diversification across equity, debt, and alternative products. Overall, SBI Securities ensures a comprehensive investment experience — from IPOs and mutual funds to derivatives and commodities — enabling investors to diversify effortlessly.
| Investment Offerings | SBI Securities |
|---|---|
| Equity Cash and F&O | Yes |
| Currency Derivatives | Yes |
| Commodity | Yes |
| Online IPO Application | Yes |
| Mutual Funds | Yes |
| Bond / NCD | Yes |
| ETF | Yes |
| Banking | Yes |
| Insurance | Yes |
| Forex | Yes |
| MF SIP Investment | Yes |
| Equity SIP Investment | Yes |
| PMS Service | Yes |
| Other Investment Options | Yes |
Customer Support Offered
Explore the range of customer support services offered by SBI Securities.
| Customer Support | SBI Securities |
|---|---|
| 24/7 Customer Service | Yes |
| Email Support | Yes |
| Online Live Chat | Yes |
| Phone Support | Yes |
| Toll Free Number | |
| Through Branches | Yes |
| Customer Care Number | 02268545555 |
| Account Opening Process | Online/offline |
| Customer Support Email | [email protected] |
| Knowledge Center/Education | |
| Head Office Address | Marathon Futurex, B-wing, 12th Floor, Lower Parel East, Mumbai – 400013 |
| Website | https://www.sbisecurities.in/ |
Research and Reports
| Research | SBI Securities |
|---|---|
| Research Mutual Funds | Yes |
| Research Equity Reports | Yes |
| Research ETF | Yes |
| Daily Market Report | Yes |
| Free Tips | No |
| Quarterly Result Analysis | Yes |
| News Alerts | Yes |
Demat Account Charges
SBI Securities offers a Demat account with CDSL & NSDL as DP source. The annual maintenance charge (AMC) is 0, and transaction charges per ISIN are . Services like demat, remat, and pledge creation are available for seamless securities management. Demat account covers key aspects like DP source as CDSL & NSDL, pledge creation charge of 0.02% of Value or Min Rs 25/- whichever is higher, demat charge of Rs 5 per cert + Rs 35 courier charges per request, and remat charge of Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity, ensuring efficient securities management.
| Demat Charges | SBI Securities |
|---|---|
| DP Source | CDSL & NSDL |
| DP ID | NSDL: IN300351, IN301397, IN301444, IN302531 |
| Demat Account Annual Maintenance Charges (AMC) | 0 |
| Advance Deposit | No |
| Transaction Charges on Debit (Per ISIN) | |
| Demat | Rs 5 per cert + Rs 35 courier charges per request |
| Remat | Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity |
| Pledge Creation | 0.02% of Value or Min Rs 25/- whichever is higher |
| Pledge Creation Confirmation | 0.02% of Value or Min Rs 25/- whichever is higher |
| Pledge Closure | 0.02% of Value or Min Rs 25/- whichever is higher |
| Pledge Closure Confirmation | 0.02% of Value or Min Rs 25/- whichever is higher |
| Pledge Invocation | 0.02% of Value or Min Rs 25/- whichever is higher |
| Failed Instruction Charges | Rs 10 per failed instruction |
| Other Charges |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| SBI Securities |
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FAQs on SBI Securities Review
Yes, SBI Securities is considered one of the safest brokers in India. It is a SEBI-registered stockbroker, a member of NSE and BSE and has a strong track record of transparency and compliance.
SBI Securities offers competitive brokerage charges. Typically, it charges for equity delivery and intraday trades and ₹Yes for F&O trades, making it one of the most affordable brokers in India.
SBI Securities provides multiple platforms for trading and investing including mobile and web platforms, offering a smooth, reliable, and user-friendly experience.
You can open an account with SBI Securities online through an eKYC process. Online/offline Generally, the account gets activated within 24–48 hours once the documents are verified.
Yes, you can invest in direct mutual funds via SBI Securities platform. It allows you to buy and manage all your mutual funds online without paying commissions.