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SBICAP Securities Vs Upstox Vs AxisDirect: Which one is better?

The brokerage of SBICAP Securities ranges between .05 to 0.50%, the brokerage of Upstox ranges between Rs 20, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker SBICAP Securities and AxisDirect are full service brokers where Upstox is a discount broker. Overall rating for SBICAP Securities is 4, Upstox is rated 4.5, AxisDirect is rated 3.5 out of 5.

Here we present side-by-side comparison of SBICAP Securities vs Upstox vs AxisDirect 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 Upstox vs AxisDirect 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 Upstox vs AxisDirect in this setion with 360 degree view of broker information.

Compare SBICAP Securities vs Upstox vs AxisDirect on Service

  SBICAP Securities Compare
SBICAP Securities
Upstox Compare
Upstox
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Full Service Broker
Exchanges Supported NSE, BSE NSE, BSE, MCX 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 Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... Know more about AxisDirect
Broker Enquiry Request call back from Zerodha Request call back from Upstox Request call back from Zerodha
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Account Opening Charges and AMC

Compare SBICAP Securities vs Upstox vs AxisDirect on Trading & Demat Account Opening Charges

In this section we have compared SBICAP Securities vs Upstox vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - SBICAP Securities charges Rs 850 for account opening, Upstox charges Promotion offer: Free for account opeing, and AxisDirect charges Rs 999 for account opeing. Demat AMC charges - SBICAP Securities charges Rs 500 PA as AMC for Demat account, Upstox charges Free AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities vs Upstox vs AxisDirect
Charges SBICAP Securities Upstox AxisDirect
Trading Account Opening Fees Rs 850 Promotion offer: Free Rs 999
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 500 PA Free Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs Upstox vs AxisDirect on Plan Options

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

Compare SBICAP Securities vs Upstox vs AxisDirect on Plan Options
Plan Types SBICAP Securities Upstox AxisDirect
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 Upstox Zerodha
Account Opening Request
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Brokerage Charges

Compare SBICAP Securities vs Upstox vs AxisDirecton 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.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare SBICAP Securities vs Upstox vs AxisDirect
Brokerage Charges Compare SBICAP Securities Upstox AxisDirect
Plan Name Standard or default brokerage plan Max Rs 20 Per Order Trading Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.50% 2.5% or Rs 20 whichever is lower 0.50% (Each leg)
Equity Intraday 0.05% 0.05% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Futures 0.05% 0.05% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Options Rs 100 Per Lot Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.03% 0.05% or Rs 20 whichever is lower 0.05% (Each Leg)
Currency Options Rs 30 Per Lot Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Rs. 100 per lot Flat Fee Rs 20 Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future
Hidden Charges Info Not Available Info Not Available
Funding Yes - 24% interest PA Info Not Available Yes - 18% interest PA
Call & Trade Charges Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Rs 50 + 18% GST Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off Rs 50 + 18% GST 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for Upstox Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare SBICAP Securities vs Upstox vs AxisDirect on Transaction Charges

Compare SBICAP Securities vs Upstox vs AxisDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare SBICAP Securities vs Upstox vs AxisDirect
Transaction Charges Compare SBICAP Securities Upstox AxisDirect
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
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for upstox Complete Brokerage Plans for axisdirect
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Account Features

Compare SBICAP Securities vs Upstox vs AxisDirect on Account Features

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

Account Features - SBICAP Securities vs Upstox vs AxisDirect
Account Features Compare SBICAP Securities Upstox AxisDirect
3 in 1 Account Yes, SBICAP Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, SBICAP Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes No
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available No Yes Yes
Combined Ledger for Equity and Commodity No Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 2:45 PM
NRI Trading Yes No Yes
Other Features Trading software terminal: ODIN Diet NIL NIL
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Trading Platform

Compare SBICAP Securities vs Upstox vs AxisDirecton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities vs Upstox vs AxisDirect. 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 Upstox vs AxisDirect
Trading Platform Compare SBICAP Securities Upstox AxisDirect
Desktop Trading Platform SBISMART XPRESS - NextTrader Upstox Pro Ring
Desktop Demo Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes No Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

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

https://pro.upstox.com/

https://login.axisdirect.in/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App SBISMART Upstox AxisDirect Ring Mobile App
Mobile Trading App Demo SBISMART Demo Upstox Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod SBISMART Download Andriod Upstox Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS SBISMART Download iOS Upstox Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Upstox Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Upstox Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for upstox Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare SBICAP Securities vs Upstox vs AxisDirect on User Rating

  SBICAP Securities Upstox AxisDirect
  78 Customer Reviews    Rate SBICAP Securities 12 Customer Reviews    Rate Upstox 6 Customer Reviews    Rate AxisDirect
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 Upstox is Rated 3.7 / 5 based on 12 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare SBICAP Securities vs Upstox vs AxisDirect on Investment Offerings

Compare SBICAP Securities vs Upstox vs AxisDirect 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 - Upstox and AxisDirect 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) - All 3 brokers doesn't offer PMS facility.

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

Compare SBICAP Securities vs Upstox vs AxisDirect on Order Types

Order Type - Compare SBICAP Securities vs Upstox vs AxisDirect 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) - SBICAP Securities and Upstox provides Bracket Orders (BO) facility where AxisDirect 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 - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare SBICAP Securities vs Upstox vs AxisDirect
Order Type Compare SBICAP Securities Upstox AxisDirect
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 Yes
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Customer Service Offered

Compare SBICAP Securities vs Upstox vs AxisDirect on Customer Service

Compare SBICAP Securities vs Upstox vs AxisDirect 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 Upstox vs AxisDirect
Customer Service Compare SBICAP Securities Upstox AxisDirect
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No Yes
Through Branches Yes Yes Yes
Customer Care Number 022 6854 5555 +91 22 6130 9999 022-61480808
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://upstox.com/help-center/ https://simplehai.axisdirect.in/learn/overview
Head Office Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website https://www.sbismart.com https://upstox.com/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare SBICAP Securities vs Upstox vs AxisDirect on Research Reports, Tips

Compare SBICAP Securities vs Upstox vs AxisDirect on research reports and tips provided by broker.

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

Compare SBICAP Securities vs Upstox vs AxisDirect on Demat Account

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

Demat Charges - Compare SBICAP Securities vs Upstox vs AxisDirect
  SBICAP Securities Upstox AxisDirect
DP Source CDSL CDSL CDSL
DP ID 19300 81800 49200
Demat Account Annual Maintenance Charges(AMC) ₹500 ₹300 PA ₹500 pa
Advance Deposit 0 for all NIL Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹13 + ₹5.50 CDSL charges ₹10
Demat ₹5 per certificate + ₹35 courier charges ₹20 + ₹50 courier charges ₹3 per certificate
Remat ₹35 per certificate + CDSL Charges ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹10 for every hundred securities (Min ₹10)
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.02% of the transaction value (Min ₹50) + CDSL charges ₹25
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.02% of the transaction value (Min ₹50) + CDSL charges ₹25
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.02% of the transaction value (Min ₹50) + CDSL charges ₹25
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.02% of the transaction value (Min ₹50) + CDSL charges ₹25
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.05% of the transaction value (Min ₹50) Nil
Failed Instruction Charges ₹10 ₹50 Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs Upstox vs AxisDirect on Special Offers and Promotion

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

Compare SBICAP Securities vs Upstox vs AxisDirect on Special Offers and Promotion
  SBICAP Securities Upstox AxisDirect
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 funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays Instant to Axis Bank.
Bank Supported and Charges Direct to SBI Bank. Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. NA
Bank Detail Direct to SBI bank account HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Direct from your Axis bank account.
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...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

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...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for SBICAP Securities Enquire for Upstox Enquire for AxisDirect

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