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Motilal Oswal Vs SBICAP Securities Vs Nuvama Wealth: Which one is better?

The brokerage of Motilal Oswal ranges between 0.02 to 0.20%, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Nuvama Wealth ranges between Rs 10. The broker Motilal Oswal and SBICAP Securities are full service brokers where Nuvama Wealth is a discount broker. Overall rating for Motilal Oswal is 4, SBICAP Securities is rated 4, Nuvama Wealth is rated 3.5 out of 5.

Here we present side-by-side comparison of Motilal Oswal vs SBICAP Securities vs Nuvama Wealth stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Motilal Oswal vs SBICAP Securities vs Nuvama Wealth in this setion with 360 degree view of broker information.

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Service

  Motilal Oswal Compare
Motilal Oswal
SBICAP Securities Compare
SBICAP Securities
Nuvama Wealth Compare
Nuvama Wealth
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE BSE, NSE, MCX, NCDEX
Broker Overview Extensive range of asset classes, award-winning research, personalized advisory services, great customer service, and dedicated MO Trader and MO Investor app are the key reasons that make Motilal Oswal an excellent broker for traders and investors. 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 One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Nuvama Wealth Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the i... Know more about Nuvama Wealth
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Trading & Demat Account Opening Charges

In this section we have compared Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal and Nuvama Wealth offer Free account opening where SBICAP Securities charges Rs 850 for account opeing. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] as AMC for Demat account, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth
Charges Motilal Oswal SBICAP Securities Nuvama Wealth
Trading Account Opening Fees Free Rs 850 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs 500 PA Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Plan Options

Plans are the most important feature you look when compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth offers Multiple Plans where Motilal Oswal and SBICAP Securities doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Plan Options
Plan Types Motilal Oswal SBICAP Securities Nuvama Wealth
Multiple Plans No No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealthon Brokerage Charges

Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.

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.

Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.

Brokerage Charges - Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth
Brokerage Charges Compare Motilal Oswal SBICAP Securities Nuvama Wealth
Plan Name Default Brokerage Plan Standard or default brokerage plan Nuvama Lite
Equity Delivery 0.20% 0.50% Flat Rs. 10 per executed order
Equity Intraday 0.02% 0.05% Flat Rs. 10 per executed order
Equity Futures 0.02% 0.05% Flat Rs. 10 per executed order
Equity Options Rs 20 per lot Rs 100 Per Lot Flat Rs. 10 per executed order
Currency Futures Rs 20 per lot 0.03% Flat Rs. 10 per executed order
Currency Options Rs 20 per lot Rs 30 Per Lot Flat Rs. 10 per executed order
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Rs. 100 per lot 0.01%
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Yes - 24% interest PA Yes - 24% interest PA
Call & Trade Charges NA Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Rs 20 per call
Auto Square off Charges NA First Free 30 per month, after Rs 10 per square-off Rs 20
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for SBICAP Securities Brokerage Calculator for Nuvama Wealth
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Share Broker's Transaction Charges

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Transaction Charges

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth
Transaction Charges Compare Motilal Oswal SBICAP Securities Nuvama Wealth
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for nuvama-wealth
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Account Features

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Account Features

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 Account where Motilal Oswal and Nuvama Wealth offers only 2-in-1 account which includes trading and demat account. Margin Funding - Motilal Oswal and Nuvama Wealth offers margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - Motilal Oswal vs SBICAP Securities vs Nuvama Wealth
Account Features Compare Motilal Oswal SBICAP Securities Nuvama Wealth
3 in 1 Account No Motilal Oswal have 2-in-1 account. Only Demate and Trading account. Yes, Motilal Oswal have 3-in-1 accounts. Bank Account, Demat and Trading account. No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity Yes No No
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL Trading software terminal: ODIN Diet NIL
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Trading Platform

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealthon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal vs SBICAP Securities vs Nuvama Wealth. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth
Trading Platform Compare Motilal Oswal SBICAP Securities Nuvama Wealth
Desktop Trading Platform Orion Lite SBISMART XPRESS - NextTrader Xtreme Trader
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://power.motilaloswal.com/MOSL/userMaster/login

https://login1.sbismart.com/nidp/app/login

https://tlounge.edelweiss.in/Login

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No Yes
Mobile Trading Yes Yes Yes
Mobile Trading App MO Trader SBISMART Nuvama Mobile Trader
Mobile Trading App Demo MO Trader Demo SBISMART Demo Nuvama Mobile Trader Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod MO Trader Download Andriod SBISMART Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS MO Trader Download iOS SBISMART Download iOS Nuvama Mobile Trader Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Nuvama Wealth
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Nuvama Wealth
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for nuvama-wealth

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Broker Ratings by Users

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on User Rating

  Motilal Oswal SBICAP Securities Nuvama Wealth
  57 Customer Reviews    Rate Motilal Oswal 78 Customer Reviews    Rate SBICAP Securities 4 Customer Reviews    Rate Nuvama Wealth
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews
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Investment Offerings

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Investment Offerings

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Motilal Oswal and Nuvama Wealth offers Commodity Trading where SBICAP Securities doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Motilal Oswal and Nuvama Wealth offers PMS facility where SBICAP Securities doesn't offers PMS facility.

Investment Offerings - Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth
Investment Offerings Compare Motilal Oswal SBICAP Securities Nuvama Wealth
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes No Yes
Online IPO Application No Yes No
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No Yes No
Insurance Yes Yes Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No No Yes
PMS Service Yes No Yes
Other Investment Options NIL NIL NIL
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Order Types

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Order Types

Order Type - Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Motilal Oswal and SBICAP Securities provides Bracket Orders (BO) facility where Nuvama Wealth doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Motilal Oswal and SBICAP Securities offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth doesn't provides GTC.

Order Types - Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth
Order Type Compare Motilal Oswal SBICAP Securities Nuvama Wealth
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes No
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Customer Service Offered

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Customer Service

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth
Customer Service Compare Motilal Oswal SBICAP Securities Nuvama Wealth
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes Yes
Toll Free Number No Yes Yes
Through Branches Yes Yes Yes
Customer Care Number 022 40548000/022 67490600 022 6854 5555 1800 102 3335
Account Opening Process Online/Paperless Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://edumo.motilaloswal.com/ https://www.sbismart.com/education https://www.nuvamawealth.com/investology
Head Office Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website https://www.motilaloswal.com/ https://www.sbismart.com https://www.nuvamawealth.com/
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Tips/Research/Reports Published

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Research Reports, Tips

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on research reports and tips provided by broker.

Research Reports - Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth
  Motilal Oswal SBICAP Securities Nuvama Wealth
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips Yes Yes Yes
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes
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Demat Account

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Demat Account

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth
  Motilal Oswal SBICAP Securities Nuvama Wealth
DP Source CDSL CDSL CDSL
DP ID 10900 19300 19100
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹500 Free (₹1500 one time charges)
Advance Deposit NIL 0 for all NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.01% of the transaction value (Min ₹21 and Max ₹300) 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹50 per certificate + ₹50 courier charges ₹5 per certificate + ₹35 courier charges ₹2 per certificate + ₹30 courier charges
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹35 per certificate + CDSL Charges ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation ₹35 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure ₹35 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Invocation ₹35 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.02% of transaction value (Min ₹50)
Failed Instruction Charges Nil ₹10 Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Special Offers and Promotion

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Special Offers and Promotion
  Motilal Oswal SBICAP Securities Nuvama Wealth
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from MO Desktop or MO Trader or MO Investor Mobile App.
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
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Terminal X3,Nuvama Web,Mobile Trader.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays. Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. Direct to SBI Bank. NA
Bank Detail Info Not Available Direct to SBI bank account Nuvama Wealth,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
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There are enormous benefits or advantages of trading with Motilal Oswal. Here are the reasons that make it a good fit for both traders and investors;

  • Choice of asset classes i.e., equities, derivatives, commodities, and currencies.
  • Free Demat and trading account opening.
  • Zero maintenance fee for 1st year.
  • Free mobile app for traders (Trader App) and investors (Investor App).
  • Invest in mutual funds and IPOs for free.
  • Free research reports & recommendations.
  • Safe & secure fund transfer with 39+ banks.
  • Access features; StockSIP, IAP (Algorithm advisory), and improve my portfolio (PR).
  • Margin trading and margin against shares
  • Free call & trade service.
  • EDUMO (free learning platform) for beginners, intermediate, and advanced traders.

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...

  • Multiple products; equity, derivatives, IPO, mutual funds, bonds, debt instruments.
  • Trade at Rs 10/order flat brokerage
  • Free Guided Portfolio, an expert-curated basket for investors
  • User-friendly interface of Markets mobile app and TX3 terminal
  • Get free expert research reports and trading tips.
  • Place bracket order, cover order, and GTD order.
  • Investology, is a stock market learning platform for beginners to experts.
  • Margin trading facility.
  • Decent physical presence with branches

Detail Review...

Dislikes

There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;

  • High brokerage charges
  • Unlike many full-service brokers like Kotak, ICICI, etc., Motilal Oswal does not have any flat discount brokerage plan.
  • You cannot open a 3-in-1 account, Demat + Trading + Bank A/c.
  • It only provides regular mutual fund schemes.

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...

  • NRI trading is not offered.
  • No 3-in-1 account opening services
  • Call & trade and research services are available at additional cost in Lite plan.
  • Brokerage charges are high in the Elite % based pricing plan.

Detail Review...

Special Offers/Promo Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin)
Enquire for Motilal Oswal Enquire for SBICAP Securities Enquire for Nuvama Wealth

Last Updated on 2023-09-14T05:03:12+00:00