Find a Comparison of First Demat vs SBICAP Securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.
This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of First Demat and SBICAP Securities.
| Year of Incorporation | 2026 | 2001 |
| Website | https://firstdemat.com/ | https://www.sbisecurities.in/ |
| Phone | 9240256358 | 1800-209-9345 |
| Exchanges enabled | NSE, BSE, MCX | NSE & BSE |
| Demat (NSDL/CDSL) | NSDL (DP ID IN303921) | CDSL |
| Equity | 0.1% or ?20 per executed order, whichever is lower | 0.05% for Intraday, 0.5% for Delivery |
| Equity Futures | Flat ?20 per executed order | 0.05% of Turnover |
| Equity Options | Flat ?20 per executed order | Rs 100 per lot |
| Currency Futures | Not offered (-) | 0.03% of Turnover |
| Currency Options | Not offered (-) | Rs 30 per lot |
| Commodity | ?20 per order (futures and options) | Not Available |
| Trading only | ?0 online (offline opening ?500) | Free |
| Trading & Demat | ?0 | Rs 850 |
| Commodity | No separate charge stated (?0 account opening) | Not Available |
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | Transaction charges: NSE 0.00307%, BSE 0.00375% | 0.00325% of Turnover |
| Futures | Transaction charges: NSE 0.00183%, BSE 0 | 0.0019% |
| Options | Transaction charges on premium: NSE 0.03553%, BSE 0.0325% | 0.05% of Turnover |
| Commodities | N/A | Not Available |
| AMC charge | ?0 for the 1st year | Rs 350 per year |
| DP Transaction Charge | ?20 + GST per ISIN debit | Rs 21 per debit instruction or 0.01% whichever is lower |
| Offline order placing Charge | ?50 per trade (call & trade; plus GST per DOCX) | NIL |
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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| Intraday | Yes | Upto 5 days on ODIN |
| End of Day | Yes | 5 years on ODIN |
| Coding/Backtesting | |
| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
Leverage Provided
| Equity | N/A | Upto 5x for Intraday, Upto 2 times for Delivery |
| Equity Futures | N/A | No Intraday Leverage |
| Equity Options | N/A | Upto 3x |
| Currency Futures | N/A | No Intraday Leverage |
| Currency Options | N/A | Upto 3x |
| Commodity | N/A | Not Available |
| Research & Tips | |
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| Brokerage Calculator | |
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| Margin Calculator | |
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| Bracket orders & Trailing Stoploss | |
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| Training & Education | |
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| 3 in 1 Account | |
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| Instant Fund withdrawal | |
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| Relationship Managers | |
Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.
| Profit after Tax FY11/12 | N/A | Rs 4.03 Crores |
| Profit after Tax FY12/13 | N/A | Rs 2.42 Crores |
| Profit after Tax FY13/14 | N/A | Rs 8.01 Crores |
| Profit after Tax FY 14/15 | N/A | Rs 7.21 Crores |
| Profit after Tax FY 15/16 | N/A | Rs 9.17 Crores |
| Profit after Tax FY 16/17 | N/A | Rs 11.16 Crores |
| Profit after Tax FY 17/18 | N/A | Rs 12.81 Crores |
| Profit after Tax FY 18/19 | N/A | Rs 12.04 Crores |
| Profit after Tax FY 19/20 | N/A | Rs 11.30 Crores |
| Profit after Tax FY 20/21 | N/A | Rs 14.09 Crores |
| Profit after Tax FY 21/22 | N/A | Rs 15.68 Crores |
| Profit after Tax FY 22/23 | N/A | Rs 17.89 Crores |
| Debt FY11/12 | N/A | Rs 12.46 Lakhs |
| Debt FY12/13 | N/A | Rs 14,51 Lakhs |
| Debt FY13/14 | N/A | Rs 20.1 Lakhs |
| Debt FY14/15 | N/A | Rs 26.94 Lakh |
| Debt FY15/16 | N/A | Rs 29.05 Lakh |
| Debt FY16/17 | N/A | Rs 23.54 Lakh |
| Debt FY17/18 | N/A | Rs 30.52 Lakh |
| Debt FY18/19 | N/A | Rs 33.77 Lakh |
| Debt FY19/20 | N/A | Rs 27.17 Lakh |
| Debt FY20/21 | N/A | Rs 33.21 Lakh |
| Debt FY21/22 | N/A | Rs 33.36 Lakh |
| Debt FY22/23 | N/A | Rs 30.28 Lakh |
| Profit to Equity(%) FY11/12 | N/A | 6.09 |
| Profit to Equity(%) FY12/13 | N/A | 6.75 |
| Profit to Equity(%) FY13/14 | N/A | 10.72 |
| Profit to Equity(%) FY14/15 | N/A | 8.65 |
| Profit to Equity(%) FY15/16 | N/A | 12.85 |
| Profit to Equity(%) FY16/17 | N/A | 12.87 |
| Profit to Equity(%) FY17/18 | N/A | 14.75 |
| Profit to Equity(%) FY18/19 | N/A | 12.05 |
| Profit to Equity(%) FY19/20 | N/A | 15.18 |
| Profit to Equity(%) FY20/21 | N/A | 15.66 |
| Profit to Equity(%) FY21/22 | N/A | 17.13 |
| Profit to Equity(%) FY22/23 | N/A | 18.68 |
| Balance Sheet Size FY11/12 | N/A | Rs 127.1 Crores |
| Balance Sheet Size FY12/13 | N/A | Rs 172.7 Crores |
| Balance Sheet Size FY13/14 | N/A | Rs 189 Crores |
| Balance Sheet Size FY14/15 | N/A | Rs 171.25 Crores |
| Balance Sheet Size FY15/16 | N/A | Rs 141.00 Crores |
| Balance Sheet Size FY16/17 | N/A | Rs 150.18 Crores |
| Balance Sheet Size FY17/18 | N/A | Rs 185.99 Crores |
| Balance Sheet Size FY18/19 | N/A | Rs 212.22 Crores |
| Balance Sheet Size FY19/20 | N/A | Rs 210.76 Crores |
| Balance Sheet Size FY20/21 | N/A | Rs 158.79 Crores |
| Balance Sheet Size FY21/22 | N/A | Rs 211.22 Crores |
| Balance Sheet Size FY22/23 | N/A | Rs 190.16 Crores |
First Demat Securities and SBICAP Securities are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.
Yes, both First Demat Securities and SBICAP Securities provide mobile trading apps for better user interface and seamless trading experience.
The account opening charges by brokers First Demat and SBICAP Securities for both trading and demat are zero. Charges may vary, kindly read the above comparison.
Both First Demat and SBICAP Securities are SEBI-registered brokers with good reputations. First Demat is known for its trading platforms, while SBICAP Securities is praised for cost-effective pricing.
Yes, both First Demat and SBICAP Securities offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.
