Upstox vs SBI Cap Securities – Comparison:
Both Upstox Vs SBI Cap Securities provide different offerings, trading products, and services. These things vary in different organizations. So, to choose one of these companies you need to know every corner of their services and charges.
A clear comparison of Upstox vs SBI Cap Securities is mentioned here. This comparative analysis and informations can help you to reach the best one of them.
Important Facts:
Upstox:
- Zero brokerage fee on equity delivery trading
- Flat fee-based brokerage fee structure.
- Trading Account AMC is free of cost.
- Don’t trade in the commodity, mutual funds, forex, SIP & insurance.
- Margin Money not required.
SBI CAP Securities :
- Offers Demat and research advisory services
- The brokerage fee is higher compared to other brokers.
- Offers trade in IPO, Mutual Fund & Bonds investment option.
- Trading terminals are offered free of cost.
- 3-in-1 account facility available.
Upstox Vs SBI Cap Securities Overview:
Upstox is a private broking organization, whereas SBI Cap Securities is a public broking company. A general overview of Upstox vs SBI Cap Securities is mentioned below. It can lead you to a better option.
| Overview | Upstox | SBI Cap Securities |
| Company Type | Private | Public |
| Broker Type | Discount Broker | Full-Service Broker |
| Headquarters | Mumbai, India | Mumbai, India |
| Founder | Raghu Kumar, Ravi Kumar & S hrinivas Vishvanath | Varsha Purandare |
| Established Year | 2009 | 1986 |
Upstox Vs SBI Cap Securities Customer Ratings:
Several customers provide their reviews and ratings in different online platforms. These ratings can give you a general overview, which is better.
But a trader has to keep in mind, that it actually depends on his or her personal needs and requirements. A detailed comparison of Upstox and SBI Cap Securities is mentioned below.
| Customer Ratings | Upstox | SBI Cap Securities |
| Experience | 5.3/10 | 6.0/10 |
| Products & Services | 6.5/10 | 5.4/10 |
| Brokerage Charges & Fees | 9.5/10 | 5.0/10 |
| Stock Research & Advisory | 3.0/10 | 5.0/10 |
| Trading Platforms | 6.5/10 | 6.0/10 |
| Overall Ratings | 6.2/10 | 5.4/10 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
Comparison of AMC & AOC:
AMC and AOC charges are also very important for the traders to be considered. There are differences in these companies. A comparative study of Upstox vs SBI Cap Securities is mentioned below.
| DEMAT Services | Upstox | SBI Cap Securities |
| Depository Source | CDSL | CDSL & NSDL |
| Account Opening Charges | Rs.150 | Rs.500 |
| DEMAT AMC Charges | Rs.150 per Annum | Rs.400 per Annum |
| Trading AMC Charges | Free | Free |
| Margin Money | Zero | Rs.25,000 |
| Offline to Online | No | No |
Upstox Vs SBI Cap Securities Brokerage Charge:
Different brokerage charges are provided by broking organizations. Almost all the charges are different in these organizations. A comparison of Upstox vs SBI Cap Securities is mentioned here.
| Brokerage Charge & Fees | Upstox Brokerage | SBI Cap Securities Brokerage |
| Equity Delivery Trading | Zero | 0.50% |
| Equity Intraday Trading | Rs.20 | 0.08% |
| Commodity Options Trading | Rs.20 | NA |
| Equity Futures Trading | Rs.20 | 0.03% – 0.05% |
| Equity Options Trading | Rs.20 per lot | Rs.50 per lot |
| Currency Futures Trading | Rs.20 | 0.02% |
| Currency Options Trading | Rs.20 per lot | Rs.20 per lot |
| Minimum Brokerage | Rs.20 | Rs.10 per Transaction |
| DEMAT AMC Charges | Rs.150 per annum | Rs.400 per annum |
| Trading AMC Charges | Free | Free |
| Margin Money | Zero | Rs.25,000 |
Comparison of Administrative Charges:
All the administrative charges are almost different in Upstox and SBI Cap Securities. A trader also has to consider these charges to maintain his trading revenue.
| Other Charges | Upstox | SBI Cap Securities |
| Transaction Charges | 0.00275% of Total Turnover | 0.00384% of Total Turnover |
| STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover |
| SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover |
| Stamp Duty | Depends on State (very minimal) | Depends on State (very minimal) |
| GST | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) |
Comparison of Offers & Discount:
Different offers and discounts are also very essential for a trader. It also enhances the over-all trading experience of a particular trader. Now you have to choose the offers, as per your needs, and requirements.
A clear comparison of Upstox vs SBI Cap Securities is mentioned below.
| Offers | Upstox | SBI Cap Securities |
| Free DEMAT Account | ✖ | ✖ |
| Free Trading Account | ✔ | ✖ |
| Discount on Brokerage | ✔ | ✖ |
| Trading Happy Hours | ✖ | ✖ |
| Flexible Brokerage Plans | ✖ | No |
| 1 Month Brokerage Free | ✖ | ✖ |
| Holiday Offers | ✖ | ✖ |
| Referral Offers | ✖ | ✖ |
| Zero Brokerage for Loss Making Trades | ✖ | ✖ |
Comparison of Services Offered:
Several services are offered by different broking organizations. These services are really important for every trader.
For a comfortable and better trading experiences, these services play a big role. So, you have to find a better company as per your required services.
A comparison of Upstox & SBI Cap Securities is mentioned below to lead you.
| Services | Upstox | SBI Cap Securities |
| DEMAT Services | ✔ | ✔ |
| Trading Services | ✔ | ✔ |
| 3 in 1 Account | ✖ | ✔ |
| Intraday Services | ✔ | ✔ |
| IPO Services | ✔ | ✔ |
| Stock Recommendations | ✖ | ✔ |
| Robotic Advisory | ✔ | ✖ |
| PMS | ✖ | ✔ |
| Trading Institution | ✖ | ✖ |
| Trading Exposure | Maximum 20x | Maximum 12x |
Upstox Vs SBI Cap Securities Research & Advisory:
Research reports and analytics are always important in every business and trade. Here also, a proper research report can help you to plan your next investments.
You can monitor your previous revenue models by these reports. A clear comparison regarding reports and advisories is mentioned below.
| Research & Advisory | Upstox | SBI Cap Securities |
| Fundamental Reports | ✖ | ✔ |
| Research Reports | ✖ | ✔ |
| Company Reports | ✖ | ✔ |
| Annual Reports | ✖ | ✔ |
| Company Stock Review | ✖ | ✔ |
| Free Stock Tips | ✖ | ✖ |
| IPO Reports | ✖ | ✔ |
| Top Picks | ✖ | ✔ |
| Daily Market Review | ✖ | ✖ |
| Monthly Reports | ✖ | ✔ |
| Weekly Reports | ✖ | ✔ |
| Offline Advisory | ✖ | ✔ |
| Relationship Manager | ✖ | ✔ |
Upstox Vs SBI Cap Securities Margin/ Exposure/ Leverage
Margin charges are also very important to consider before you invest in a particular broking organization.
These charges also have a great influence on your over-all trading revenue. A comparison of Upstox vs SBI Cap Securities is mentioned below.
| Exposure / Leverage | Upstox Margin | SBI Cap Securities Margin |
| Equity Delivery | Maximum 5x | Maximum 8x |
| Equity Intraday | Maximum 20x | Maximum 12x |
| Equity Futures | Maximum 7x | Maximum 8x |
| Equity Options | Maximum 8x | Maximum 8x |
| Currency Futures | Maximum 5x | Maximum 5x |
| Currency Options | Maximum 6x | Maximum 6x |
| Commodities | Maximum 7x | NA |
Comparison of Products:
Several trading products are provided by different trading companies. You have to choose the products as well as the broking company, as per your needs and requirements. A comparison of Upstox vs SBI Cap Securities is mentioned here.
| Products | Upstox | SBI Cap Securities |
| Equity Trading | ✔ | ✔ |
| Commodity Trading | No | ✖ |
| Currency Trading | ✔ | ✔ |
| Options | ✔ | ✔ |
| Futures | ✔ | ✔ |
| Mutual Funds | ✖ | ✔ |
| Forex | ✖ | ✔ |
| Banking | ✖ | ✔ |
| SIP | ✖ | ✔ |
| Insurance | ✖ | ✔ |
Upstox Vs SBI Cap Securities Trading Platform:
A comparison on Trading platforms, of Upstox & SBI Cap Securities, is mentioned below. These platforms allow you to access your account and investments from anywhere.
| Trading Platforms | Upstox | SBI Cap Securities |
| Desktop Platform – Windows | ✔ | ✔ |
| Desktop Platform – Mac | ✔ | ✔ |
| Desktop Browser Platform | ✔ | ✔ |
| Mobile Site Platform | ✔ | ✔ |
| Android App Platform | ✔ | ✔ |
| iOS App Platform | ✔ | ✔ |
| Windows App Platform | ✖ | ✖ |
| Other Mobile OS Platform | ✖ | ✖ |
| Real-time Updates | ✔ | ✔ |
| Portfolio Details | ✔ | ✔ |
| Online MF Buy | ✔ | ✔ |
| News Flash | ✔ | ✖ |
| Research Reports | ✔ | ✔ |
| Easy Installation | ✔ | ✔ |
| Global Indices | ✔ | ✖ |
| Stock Tips | ✔ | ✔ |
| Personalized Advisory | ✔ | ✔ |
| Interactive Charts | ✔ | ✔ |
| Live Markets | ✔ | ✔ |
| SMS Alerts | ✔ | ✔ |
| Email Alerts | ✔ | ✔ |
| Multi-Account Management | ✔ | ✔ |
Comparison of Customer Support:
A proper comparison of customer support of Upstox vs SBI Cap Securities is mentioned below. A proper customer support system provides you with the solution to all your problems regarding trading.
| Customer Support | Upstox | SBI Cap Securities |
| Dedicated Dealer | ✖ | ✔ |
| Offline Trading | ✖ | ✔ |
| Online Trading | ✔ | ✔ |
| 24*7 Support | ✖ | ✔ |
| Support Number | 022 – 6130 9999 | 1800 209 9345 |
| Email Support | ✔ | ✔ |
| Chat Support | ✖ | ✖ |
| Toll-Free Number | ✖ | 1800 209 9345 |
| Branches | Zero | 225 |
Comparison of Grievance Handled:
A comparison of grievance handled of Upstox and SBI Cap Securities is mentioned below.
| Complaints (Current Year) | Upstox | SBI Cap Securities |
| Lodged in BSE | 185 | 196 |
| Resolved in BSE | 126 | 153 |
| Lodged in NSE | 175 | 218 |
| Resolved in NSE | 139 | 200 |
Conclusion:
A comparative study on different factors of Upstox and SBI Cap Securities is mentioned here. But after knowing all the corners of these companies, you need to choose one of them, as per your required products and services.
This detailed comparison can lead you to go for the better option between these two broking organizations.
