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SBICAP Securities Vs Alice Blue Vs Groww: Which one is better?

The brokerage of SBICAP Securities ranges between .05 to 0.50%, the brokerage of Alice Blue ranges between Rs 15, while the brokerage of Groww ranges between Rs 20. The broker Alice Blue and Groww are a discount brokers where SBICAP Securities is a full service broker. Overall rating for SBICAP Securities is 4, Alice Blue is rated 4, Groww is rated 4 out of 5.

Here we present side-by-side comparison of SBICAP Securities vs Alice Blue vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared SBICAP Securities vs Alice Blue vs Groww 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 SBICAP Securities vs Alice Blue vs Groww in this setion with 360 degree view of broker information.

Compare SBICAP Securities vs Alice Blue vs Groww on Service

  SBICAP Securities Compare
SBICAP Securities
Alice Blue Compare
Alice Blue
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview 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 Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders. Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... Know more about Groww
Broker Enquiry Request call back from Zerodha Request call back from Alice Blue Request call back from Zerodha
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Account Opening Charges and AMC

Compare SBICAP Securities vs Alice Blue vs Groww on Trading & Demat Account Opening Charges

In this section we have compared SBICAP Securities vs Alice Blue vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Alice Blue and Groww offer Free account opening where SBICAP Securities charges Rs 850 for account opeing. Demat AMC charges - SBICAP Securities charges Rs 500 PA as AMC for Demat account, Alice Blue charges Rs 400 PA AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities vs Alice Blue vs Groww
Charges SBICAP Securities Alice Blue Groww
Trading Account Opening Fees Rs 850 Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 500 PA Rs 400 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs Alice Blue vs Groww on Plan Options

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

Compare SBICAP Securities vs Alice Blue vs Groww on Plan Options
Plan Types SBICAP Securities Alice Blue Groww
Multiple Plans No Yes No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Alice Blue Zerodha
Account Opening Request
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Brokerage Charges

Compare SBICAP Securities vs Alice Blue vs Growwon Brokerage Charges

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.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare SBICAP Securities vs Alice Blue vs Groww
Brokerage Charges Compare SBICAP Securities Alice Blue Groww
Plan Name Standard or default brokerage plan F15 Plan Flat Brokerage Plan
Equity Delivery 0.50% Free 0.05% or Rs 20 whichever is lower
Equity Intraday 0.05% 0.05% or Rs 15 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% 0.05% or Rs 15 whichever is lower Flat Fee Rs 20
Equity Options Rs 100 Per Lot Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures 0.03% 0.05% or Rs 15 whichever is lower Not Available
Currency Options Rs 30 Per Lot Flat Fee Rs 15 Not Available
Commodity Trading Rs. 100 per lot Flat Fee Rs 15 Not Available
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future NA
Hidden Charges Info Not Available No
Funding Yes - 24% interest PA Yes - 24% interest PA NA
Call & Trade Charges Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Rs 50 per order + GST Rs 50 Per Executable Order
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off Rs 50 per order + GST Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for Alice Blue Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare SBICAP Securities vs Alice Blue vs Groww on Transaction Charges

Compare SBICAP Securities vs Alice Blue vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare SBICAP Securities vs Alice Blue vs Groww
Transaction Charges Compare SBICAP Securities Alice Blue Groww
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 NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for alice-blue Complete Brokerage Plans for groww
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Account Features

Compare SBICAP Securities vs Alice Blue vs Groww on Account Features

Compare SBICAP Securities vs Alice Blue vs Groww 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 Alice Blue and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding - Groww offers margin funding where SBICAP Securities and Alice Blue doesn't offers margin funding. NRI Trading - SBICAP Securities and Alice Blue offers NRI Trading where Groww doesn't offers NRI Trading.

Account Features - SBICAP Securities vs Alice Blue vs Groww
Account Features Compare SBICAP Securities Alice Blue Groww
3 in 1 Account Yes, SBICAP Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No SBICAP Securities have 2-in-1 account. Only Demate and Trading account. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes No
SMS Alerts Yes No No
Online Demo Yes No No
Online Portfolio Yes No Yes
Margin Trading Funding Available No No Yes
Combined Ledger for Equity and Commodity No Yes No
Intraday Square-off Time 3:15PM 3:15 PM 3:10 PM
NRI Trading Yes Yes No
Other Features Trading software terminal: ODIN Diet NIL NIL
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Trading Platform

Compare SBICAP Securities vs Alice Blue vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities vs Alice Blue vs Groww. 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 SBICAP Securities vs Alice Blue vs Groww
Trading Platform Compare SBICAP Securities Alice Blue Groww
Desktop Trading Platform SBISMART XPRESS - NextTrader ANT - Analyse and Trade Groww App
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

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

Yes

Web Trading Demo Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App SBISMART ANT Mobile Groww App
Mobile Trading App Demo SBISMART Demo ANT Mobile Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod SBISMART Download Andriod ANT Mobile Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS SBISMART Download iOS ANT Mobile Download iOS Groww App 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 SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Alice Blue Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for alice-blue Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare SBICAP Securities vs Alice Blue vs Groww on User Rating

  SBICAP Securities Alice Blue Groww
  78 Customer Reviews    Rate SBICAP Securities 8 Customer Reviews    Rate Alice Blue 8 Customer Reviews    Rate Groww
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare SBICAP Securities vs Alice Blue vs Groww on Investment Offerings

Compare SBICAP Securities vs Alice Blue vs Groww 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 - Alice Blue offers Commodity Trading where SBICAP Securities and Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

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

Compare SBICAP Securities vs Alice Blue vs Groww on Order Types

Order Type - Compare SBICAP Securities vs Alice Blue vs Groww 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) - SBICAP Securities and Alice Blue provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - SBICAP Securities and Alice Blue provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - SBICAP Securities and Alice Blue AMO facility where Groww doesn't provides AMO. GTC Orders - SBICAP Securities offers Good Till Cancelled (GTC) orders facility where Alice Blue and Groww doesn't provides GTC.

Order Types - Compare SBICAP Securities vs Alice Blue vs Groww
Order Type Compare SBICAP Securities Alice Blue Groww
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes No
Bracket order Yes Yes No
AMO-After Market Orders Yes Yes No
GTC-Good Till Cancelled Yes No No
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Customer Service Offered

Compare SBICAP Securities vs Alice Blue vs Groww on Customer Service

Compare SBICAP Securities vs Alice Blue vs Groww 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 SBICAP Securities vs Alice Blue vs Groww
Customer Service Compare SBICAP Securities Alice Blue Groww
24/7 Customer Service No No No
Email Support Yes No Yes
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes Yes No
Customer Care Number 022 6854 5555 08035215000/080-45490850 9108800604
Account Opening Process Offline Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.sbismart.com/education https://tradeschool.aliceblueonline.com/ https://groww.in/academy
Head Office Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://www.sbismart.com https://www.aliceblueonline.com https://groww.in/
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Tips/Research/Reports Published

Compare SBICAP Securities vs Alice Blue vs Groww on Research Reports, Tips

Compare SBICAP Securities vs Alice Blue vs Groww on research reports and tips provided by broker.

Research Reports - Compare SBICAP Securities vs Alice Blue vs Groww
  SBICAP Securities Alice Blue Groww
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes Yes No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
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Demat Account

Compare SBICAP Securities vs Alice Blue vs Groww on Demat Account

Compare SBICAP Securities vs Alice Blue vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare SBICAP Securities vs Alice Blue vs Groww
  SBICAP Securities Alice Blue Groww
DP Source CDSL CDSL CDSL
DP ID 19300 83500 No
Demat Account Annual Maintenance Charges(AMC) ₹500 ₹400 pa Zero
Advance Deposit 0 for all Rs 0 Nil
Statutory charges Nil Rs 150 Stamp Charges Legal Charges
Transaction Charges on Debit (Per ISIN) 0.01% of the transaction value (Min ₹21 and Max ₹300) 0.04% of the value of the transaction ₹8 + ₹5.50 CDSL charges
Demat ₹5 per certificate + ₹35 courier charges ₹10 per certificate + ₹50 courier charges ₹150 per certificate + courier charges
Remat ₹35 per certificate + CDSL Charges ₹30 per certificate + CDSL charges ₹150 per certificate + courier charges
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + CDSL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + CDSL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + CDSL charges ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges ₹10 Nil ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs Alice Blue vs Groww on Special Offers and Promotion

Compare SBICAP Securities vs Alice Blue vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare SBICAP Securities vs Alice Blue vs Groww on Special Offers and Promotion
  SBICAP Securities Alice Blue Groww
Pay In and Pay Out Options 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 Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Direct to SBI Bank. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms. Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail Direct to SBI bank account Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
NA
Likes
  • 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...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

Detail Review...

Dislikes
  • 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...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo
Enquire for SBICAP Securities Enquire for Alice Blue Enquire for Groww

Last Updated on 2023-09-13T02:35:55+00:00