SBICAP Securities vs Interactive Brokers – Compare Charges, Trading Features, Offers & more

Find a Comparison of SBICAP Securities vs Interactive Brokers 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 SBICAP Securities and Interactive Brokers.

Background

Year of Incorporation 2001 1977
Website https://www.sbisecurities.in/ https://www.interactivebrokers.co.in/en/home.php
Phone 1800-209-9345 +91 22-61289888
Exchanges enabled NSE & BSE NSE (plus over 100 market centers across 24 countries).
Demat (NSDL/CDSL) CDSL NSDL
Brokerage

Equity 0.05% for Intraday, 0.5% for Delivery 0.05% per Executed Order
Equity Futures 0.05% of Turnover 0.01% per Executed Order
Equity Options Rs 100 per lot Rs 25 per lot per
Currency Futures 0.03% of Turnover 0.01% per Executed Order
Currency Options Rs 30 per lot 0.01% per Executed Order
Commodity Not Available Rs 50 per lot per
Account Opening Costs

Trading only Free Rs 0
Trading & Demat Rs 850 Rs 400
Commodity Not Available Not Available
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325%
Futures 0.0019% 0.0019 %
Options 0.05% of Turnover 0.05%
Commodities Not Available Not available
AMC charge Rs 350 per year NIL
DP Transaction Charge Rs 21 per debit instruction or 0.01% whichever is lower NIL
Offline order placing Charge NIL Rs 1500 per order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Upto 5 days on ODIN 22 Days
End of Day 5 years on ODIN 1 Year
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x for Intraday, Upto 2 times for Delivery 2x intraday and overnight leverage
Equity Futures No Intraday Leverage Upto 2x for Intraday
Equity Options Upto 3x Buying 0 & Shorting upto 2x for Intraday
Currency Futures No Intraday Leverage Upto 2x for Intraday
Currency Options Upto 3x Buying 0 & Shorting upto 2x for Intraday
Commodity Not Available Not Available
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

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 Rs 4.03 Crores Rs 104.1 Crores
Profit after Tax FY12/13 Rs 2.42 Crores Rs 63.01 Crores
Profit after Tax FY13/14 Rs 8.01 Crores Rs 64.75 Crores
Profit after Tax FY 14/15 Rs 7.21 Crores Rs 74.30 Crores
Profit after Tax FY 15/16 Rs 9.17 Crores Rs 89.41 Crores
Profit after Tax FY 16/17 Rs 11.16 Crores Rs 79.38 Crores
Profit after Tax FY 17/18 Rs 12.81 Crores Rs 79.67 Crores
Profit after Tax FY 18/19 Rs 12.04 Crores Rs 93.62 Crores
Profit after Tax FY 19/20 Rs 11.30 Crores Rs 89.06 Crores
Profit after Tax FY 20/21 Rs 14.09 Crores Rs 99.53 Crores
Profit after Tax FY 21/22 Rs 15.68 Crores Rs 85.24 Crores
Profit after Tax FY 22/23 Rs 17.89 Crores Rs 78.27 Crores
Debt FY11/12 Rs 12.46 Lakhs Rs 17.67 Crores
Debt FY12/13 Rs 14,51 Lakhs Rs 13.43 Crores
Debt FY13/14 Rs 20.1 Lakhs Rs 21.88 Crores
Debt FY14/15 Rs 26.94 Lakh Rs 21.05 Crores
Debt FY15/16 Rs 29.05 Lakh Rs 23.05 Crores
Debt FY16/17 Rs 23.54 Lakh Rs 22.53 Crores
Debt FY17/18 Rs 30.52 Lakh Rs 22.09 Crores
Debt FY18/19 Rs 33.77 Lakh Rs 23.67 Crores
Debt FY19/20 Rs 27.17 Lakh Rs 21.41 Crores
Debt FY20/21 Rs 33.21 Lakh Rs 24.02 Crores
Debt FY21/22 Rs 33.36 Lakh Rs 27.09 Crores
Debt FY22/23 Rs 30.28 Lakh Rs 21.78 Crores
Profit to Equity(%) FY11/12 6.09 14.94
Profit to Equity(%) FY12/13 6.75 7.29
Profit to Equity(%) FY13/14 10.72 9.71
Profit to Equity(%) FY14/15 8.65 9.01
Profit to Equity(%) FY15/16 12.85 9.64
Profit to Equity(%) FY16/17 12.87 10.04
Profit to Equity(%) FY17/18 14.75 10.14
Profit to Equity(%) FY18/19 12.05 11.34
Profit to Equity(%) FY19/20 15.18 13.24
Profit to Equity(%) FY20/21 15.66 12.52
Profit to Equity(%) FY21/22 17.13 17.85
Profit to Equity(%) FY22/23 18.68 14.56
Balance Sheet Size FY11/12 Rs 127.1 Crores Rs 908 Crores
Balance Sheet Size FY12/13 Rs 172.7 Crores Rs 977 Crores
Balance Sheet Size FY13/14 Rs 189 Crores Rs 990.08 Crores
Balance Sheet Size FY14/15 Rs 171.25 Crores Rs 968.51 Crores
Balance Sheet Size FY15/16 Rs 141.00 Crores Rs 1071.18 Crores
Balance Sheet Size FY16/17 Rs 150.18 Crores Rs 1098.72 Crores
Balance Sheet Size FY17/18 Rs 185.99 Crores Rs 1110.91 Crores
Balance Sheet Size FY18/19 Rs 212.22 Crores Rs 1095.94 Crores
Balance Sheet Size FY19/20 Rs 210.76 Crores Rs 1369.20 Crores
Balance Sheet Size FY20/21 Rs 158.79 Crores Rs 1391.66 Crores
Balance Sheet Size FY21/22 Rs 211.22 Crores Rs 1293.62 Crores
Balance Sheet Size FY22/23 Rs 190.16 Crores Rs 1627.43 Crores

Comparison Link:

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Frequently Asked Questions

Is SBICAP Securities better than Interactive Brokers ?

SBICAP Securities and Interactive Brokers are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Interactive Brokers better than SBICAP Securities ?

SBICAP Securities and Interactive Brokers are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is SBICAP Securities cheaper than Interactive Brokers ?

SBICAP Securities and Interactive Brokers are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Interactive Brokers cheaper than SBICAP Securities ?

SBICAP Securities and Interactive Brokers are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better SBICAP Securities vs. Interactive Brokers ?

To find out the better of the two stockbrokers SBICAP Securities and Interactive Brokers, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.