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

Find a Comparison of SBICAP Securities vs Upstox 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 Upstox.

Background

Year of Incorporation 2001 2010
Website https://www.sbisecurities.in/ https://upstox.com/
Phone 1800-209-9345 022-41792999
Exchanges enabled NSE & BSE NSE, BSE & MCX
Demat (NSDL/CDSL) CDSL CDSL
Brokerage

Equity 0.05% for Intraday, 0.5% for Delivery Rs 20 or 0.05% on Intraday & Rs 20 or 2.5% on Delivery
Equity Futures 0.05% of Turnover Rs 20 or 0.05% per executed order
Equity Options Rs 100 per lot Rs 20 or 0.05% per executed order
Currency Futures 0.03% of Turnover Rs 20 or 0.05% per executed order
Currency Options Rs 30 per lot Rs. 20 per lot
Commodity Not Available Rs 20 per executed order
Account Opening Costs

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

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

Equity 0.00325% of Turnover 0.0035% on Turnover
Futures 0.0019% 0.0021% on Turnover
Options 0.05% of Turnover 0.059% on Premium Turnover
Commodities Not Available 0.0036% on Turnover
AMC charge Rs 350 per year Zero
DP Transaction Charge Rs 21 per debit instruction or 0.01% whichever is lower Rs 18.5 per debit transaction
Offline order placing Charge NIL Rs 25 per order placed on the phone
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Upto 5 days on ODIN 22 days
End of Day 5 years on ODIN 10 years
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 Upto 5x on Intraday and Upto 1x on Delivery
Equity Futures No Intraday Leverage Upto 4x for intraday
Equity Options Upto 3x Buying no leverage, shorting upto 4x for intraday
Currency Futures No Intraday Leverage Upto 4x for intraday
Currency Options Upto 3x Buying no leverage, shorting upto 4x for intraday
Commodity Not Available Upto 3x for intraday
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 0
Profit after Tax FY12/13 Rs 2.42 Crores 0
Profit after Tax FY13/14 Rs 8.01 Crores 0
Profit after Tax FY 14/15 Rs 7.21 Crores 0
Profit after Tax FY 15/16 Rs 9.17 Crores 0
Profit after Tax FY 16/17 Rs 11.16 Crores 0
Profit after Tax FY 17/18 Rs 12.81 Crores 0
Profit after Tax FY 18/19 Rs 12.04 Crores 0
Profit after Tax FY 19/20 Rs 11.30 Crores 0
Profit after Tax FY 20/21 Rs 14.09 Crores 0
Profit after Tax FY 21/22 Rs 15.68 Crores 0
Profit after Tax FY 22/23 Rs 17.89 Crores Rs 25 Crores
Debt FY11/12 Rs 12.46 Lakhs 0
Debt FY12/13 Rs 14,51 Lakhs 0
Debt FY13/14 Rs 20.1 Lakhs Rs 15.38 Crores
Debt FY14/15 Rs 26.94 Lakh Rs 25.77 Crores
Debt FY15/16 Rs 29.05 Lakh Rs 52.13 Crores
Debt FY16/17 Rs 23.54 Lakh Rs 108.44 Crores
Debt FY17/18 Rs 30.52 Lakh Rs 112.87 Crores
Debt FY18/19 Rs 33.77 Lakh Rs 143.11 Crores
Debt FY19/20 Rs 27.17 Lakh Rs 193.56 Crores
Debt FY20/21 Rs 33.21 Lakh Rs 283.91 Crores
Debt FY21/22 Rs 33.36 Lakh Rs 374.18 Crores
Debt FY22/23 Rs 30.28 Lakh Rs 439.40 Crores
Profit to Equity(%) FY11/12 6.09 0
Profit to Equity(%) FY12/13 6.75 0
Profit to Equity(%) FY13/14 10.72 0
Profit to Equity(%) FY14/15 8.65 0
Profit to Equity(%) FY15/16 12.85 0
Profit to Equity(%) FY16/17 12.87 0
Profit to Equity(%) FY17/18 14.75 0
Profit to Equity(%) FY18/19 12.05 1.99%
Profit to Equity(%) FY19/20 15.18 6.54%
Profit to Equity(%) FY20/21 15.66 8.01%
Profit to Equity(%) FY21/22 17.13 10.58%
Profit to Equity(%) FY22/23 18.68 11.15%
Balance Sheet Size FY11/12 Rs 127.1 Crores Rs 2316.23 Crores
Balance Sheet Size FY12/13 Rs 172.7 Crores Rs 2825.10 Crores
Balance Sheet Size FY13/14 Rs 189 Crores Rs 3532.97 Crores
Balance Sheet Size FY14/15 Rs 171.25 Crores Rs 4248.78 Crores
Balance Sheet Size FY15/16 Rs 141.00 Crores Rs 4349.94 Crores
Balance Sheet Size FY16/17 Rs 150.18 Crores Rs 4550.25 Crores
Balance Sheet Size FY17/18 Rs 185.99 Crores Rs 4858.87 Crores
Balance Sheet Size FY18/19 Rs 212.22 Crores Rs 5163.55 Crores
Balance Sheet Size FY19/20 Rs 210.76 Crores Rs 5375.90 Crores
Balance Sheet Size FY20/21 Rs 158.79 Crores Rs 5889.52 Crores
Balance Sheet Size FY21/22 Rs 211.22 Crores Rs 6005.55 Crores
Balance Sheet Size FY22/23 Rs 190.16 Crores Rs 6316.10 Crores

Comparison Link:

Compare SBICAP Securities Compare Upstox
SBICAP Securities Vs Punch Trade Upstox Vs Punch Trade
SBICAP Securities Vs BlinkX Upstox Vs BlinkX
SBICAP Securities Vs Lemonn Upstox Vs Lemonn
SBICAP Securities Vs Mandot Securities Upstox Vs Mandot Securities
SBICAP Securities Vs HDFC Sky Upstox Vs HDFC Sky
SBICAP Securities Vs Dhan Upstox Vs Dhan
SBICAP Securities Vs Goodwill Wealth Upstox Vs Goodwill Wealth
SBICAP Securities Vs Shoonya by Finvasia Upstox Vs Shoonya by Finvasia
SBICAP Securities Vs NJ Wealth Upstox Vs NJ Wealth
SBICAP Securities Vs Paytm Money Upstox Vs Paytm Money
SBICAP Securities Vs Globe Capital Upstox Vs Globe Capital
SBICAP Securities Vs Cholamandalam Securities Upstox Vs Cholamandalam Securities
SBICAP Securities Vs Canara Bank Upstox Vs Canara Bank
SBICAP Securities Vs Axis Direct Upstox Vs Axis Direct
SBICAP Securities Vs Alice Blue Upstox Vs Alice Blue
SBICAP Securities Vs 5Paisa Upstox Vs 5Paisa
SBICAP Securities Vs M.stock Upstox Vs M.stock
SBICAP Securities Vs WisdomCapital Upstox Vs WisdomCapital
SBICAP Securities Vs Way2wealth Upstox Vs Way2wealth
SBICAP Securities Vs Ventura Securities Upstox Vs Ventura Securities
SBICAP Securities Vs Navia Markets Ltd Upstox Vs Navia Markets Ltd
SBICAP Securities Vs Tradejini Upstox Vs Tradejini
SBICAP Securities Vs Tata Securities Upstox Vs Tata Securities
SBICAP Securities Vs Swastika Investmart Upstox Vs Swastika Investmart
SBICAP Securities Vs SMC Global Upstox Vs SMC Global
SBICAP Securities Vs SASOnline Upstox Vs SASOnline
SBICAP Securities Vs Samco securities Upstox Vs Samco securities
SBICAP Securities Vs RK Global Upstox Vs RK Global
SBICAP Securities Vs Reliance Securities Upstox Vs Reliance Securities
SBICAP Securities Vs Nirmal Bang Upstox Vs Nirmal Bang
SBICAP Securities Vs Master Trust Capital Upstox Vs Master Trust Capital
SBICAP Securities Vs Kotak Securities Upstox Vs Kotak Securities
SBICAP Securities Vs Interactive Brokers Upstox Vs Interactive Brokers
SBICAP Securities Vs IIFL Securities Upstox Vs IIFL Securities
SBICAP Securities Vs Dhani Upstox Vs Dhani
SBICAP Securities Vs IDBI Capital Upstox Vs IDBI Capital
SBICAP Securities Vs HDFC Securities Upstox Vs HDFC Securities
SBICAP Securities Vs Geojit Upstox Vs Geojit
SBICAP Securities Vs Fyers Securities Upstox Vs Fyers Securities
SBICAP Securities Vs Edelweiss Capital Upstox Vs Edelweiss Capital
SBICAP Securities Vs Easytradez Upstox Vs Easytradez
SBICAP Securities Vs Rupeezy Upstox Vs Rupeezy
SBICAP Securities Vs Anand Rathi Upstox Vs Anand Rathi
SBICAP Securities Vs Aditya Birla Money Upstox Vs Aditya Birla Money
SBICAP Securities Vs Achiievers Upstox Vs Achiievers
SBICAP Securities Vs Angel One Upstox Vs Angel One
SBICAP Securities Vs Motilal Oswal Upstox Vs Motilal Oswal
SBICAP Securities Vs ICICI Direct Upstox Vs ICICI Direct
SBICAP Securities Vs Sharekhan Upstox Vs Sharekhan
SBICAP Securities Vs Groww Upstox Vs Groww
SBICAP Securities Vs Tradesmart Online Upstox Vs Tradesmart Online
SBICAP Securities Vs Zerodha Upstox Vs Zerodha

Frequently Asked Questions

Which is better, SBICAP Securities or Upstox?

SBICAP Securities Securities and Upstox 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.

Do SBICAP Securities and Upstox offer mobile trading apps?

Yes, both SBICAP Securities Securities and Upstox provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for Upstox and SBICAP Securities?

The account opening charges by brokers SBICAP Securities and Upstox for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both SBICAP Securities and Upstox are SEBI-registered brokers with good reputations. SBICAP Securities is known for its trading platforms, while Upstox is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both SBICAP Securities and Upstox offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.