Zerodha
India's largest stockbroker by client base
4.6/ 5
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
Compare Zerodha with others →Broker review
SBI Securities review
SBI's slab menu headlined by lifetime-zero ProZero intraday
4.0/ 5App: 4.0/5
- Since 2005
- Delivery 20% (Suvidha)
- AMC 1st year free
Open an account with SBI SecuritiesCompare SBI Securities →SEBI stockbroker INZ000200032 | Member: NSE, BSE, MCX | DP, Research Analyst, AMFI-registered
Reviewed by LetsInvest Research DeskUpdated 14 Sept 2026Pricing verified 14 Sept 2026How we test
Fees & pricing4.0
Trading platforms4.1
Customer support4.3
Research & education3.5
Ease of opening3.9
Overview
SBI Securities (SBICAP) publishes a granular multi-plan matrix — Suvidha, PRO 749, OIOP variants and ProZero — the last offering lifetime nil intraday brokerage with branch-backed support.
Best for: SBI-aligned traders wanting lifetime zero intraday with branch backup.
Pros & cons
What we like
- ProZero: lifetime nil intraday on cash and F&O
- Delivery variants from 0.10% to 0.20% off the Suvidha default
- SBI trust with 160+ branches and chart-first tools
Watch out for
- Eleven-plan menu with advisory stripped on DIY plans
- 0.50% Suvidha delivery and 0.50% e-margin are pricey
- DP and standard AMC need tariff confirmation
Fees & charges
Account charges
- Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
- FREE (Suvidha)✓ Verified 14/9/2026Source: SBI Securities brokerage plans · Static-verified
- Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
- 1st year free✓ Verified 14/9/2026Source: SBI Securities brokerage plans · Static-verified
Equity
- Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
- 20% (Suvidha)✓ Verified 1/10/2026Source: SBI Securities brokerage plans · Static-verified
- IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
- ₹20 per order (Suvidha)✓ Verified 14/9/2026Source: SBI Securities brokerage plans · Static-verified
Derivatives (F&O)
- OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
- ₹50 per lot (Suvidha)✓ Verified 14/9/2026Source: SBI Securities brokerage plans · Static-verified
- FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
- 20% (Suvidha)✓ Verified 1/10/2026Source: SBI Securities brokerage plans · Static-verified
Source & freshness
- Source
- Each broker's official pricing page (per-row source links above)
- Timeliness
- Static-verified
- Verified
- 1/10/2026
- Method
- reported
- Note
- Re-checked against official pages; unverified rows show Confirming. Never a live tick.
Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.
What you can invest in
- Stocks (delivery)
- ✓ Yes
- Intraday
- ✓ Yes
- Futures & options
- ✓ Yes
- Mutual funds
- ✓ Yes
- IPOUPI-based IPO applications
- ✓ Yes
- US stocks
- —
- Trading API
- —
Platforms & features
platforms
- Mobile app✓ · SBI Securities app (Android + iOS)
investing
- IPO investing✓ · UPI-based IPO applications
trading
- Charting✓ · Insta Charts + option chain with Greeks
research
- Research & advisory✓ · Advisory on most plans (not ProZero)
support
- Customer support✓ · 160+ branches + community
Support & company
Customer support
160+ branches + community
Company facts
- Founded
- 2005
- Regulation
- SEBI stockbroker INZ000200032 | Member: NSE, BSE, MCX | DP, Research Analyst, AMFI-registered
The best bank-broker deal for pure intraday under ProZero; delivery investors must switch off Suvidha.
How to open a SBI Securities account
Start your application
Open the SBI Securities signup with your mobile number and email — it takes about 10 minutes.
Complete e-KYC
Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).
E-sign documents
Digitally sign the account-opening form and nomination details via Aadhaar e-sign.
Get your client ID
Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.
Where does SBI Securities rank for your style?
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Brokerage history
Show brokerage history2 changes
October 2026
| Date | Charge | Was → Now | How |
|---|---|---|---|
| 1 Oct 2026 | FuturesOfficial source ↗ | 0.05% (Suvidha)20% (Suvidha) | Monthly check |
| 1 Oct 2026 | Equity deliveryOfficial source ↗ | 0.50% (Suvidha)20% (Suvidha) | Monthly check |
Every change logged with its date and official source. All brokers' changes →
Affiliate disclosure: LetsInvest earns a commission if you open an account via links on this page — at no extra cost to you. Rankings are editorial and never sold. Read how we make money and our methodology.
How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.
Open an account with SBI Securities
Official site — pricing varies by plan, verify before acting.