Find a Comparison of Way2wealth 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 Way2wealth and SBICAP Securities.
| Year of Incorporation | 1984 | 2001 |
| Website | https://www.way2wealth.com/ | https://www.sbisecurities.in/ |
| Phone | 1800 425 3690 FREE | 1800-209-9345 |
| Exchanges enabled | NSE, BSE, MCX-SX, MCX, & NCDEX | NSE & BSE |
| Demat (NSDL/CDSL) | NSDL, CDSL | CDSL |
| Equity | 0.04% for Intraday, 0.4% for Delivery - Negotiable | 0.05% for Intraday, 0.5% for Delivery |
| Equity Futures | 0.04% of Turnover - Negotiable | 0.05% of Turnover |
| Equity Options | Rs 50/lot - Negotiable | Rs 100 per lot |
| Currency Futures | 0.04% of Turnover - Negotiable | 0.03% of Turnover |
| Currency Options | Rs 50/lot - Negotiable | Rs 30 per lot |
| Commodity | 0.04% of Turnover - Negotiable | Not Available |
| Trading only | NA | Free |
| Trading & Demat | Rs 350 | Rs 850 |
| Commodity | Rs 100 | Not Available |
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.0038% of Turnover | 0.00325% of Turnover |
| Futures | 0.0034% of Turnover | 0.0019% |
| Options | 0.056% of Premium Turnover | 0.05% of Turnover |
| Commodities | 0.0035% of Turnover | Not Available |
| AMC charge | Rs 330 | Rs 350 per year |
| DP Transaction Charge | Rs 18/debit instruction | Rs 21 per debit instruction or 0.01% whichever is lower |
| Offline order placing Charge | NIL | NIL |
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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| Intraday | 22 days on NEST | Upto 5 days on ODIN |
| End of Day | 10 years on NEST | 5 years on ODIN |
| Coding/Backtesting | |
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| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
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Leverage Provided
| Equity | Upto 6 times for Intraday, 0 for Delivery | Upto 5x for Intraday, Upto 2 times for Delivery |
| Equity Futures | Upto 2 times for Intraday | No Intraday Leverage |
| Equity Options | No Leverage | Upto 3x |
| Currency Futures | Upto 2 times for Intraday | No Intraday Leverage |
| Currency Options | No Leverage | Upto 3x |
| Commodity | Upto3 times for Intraday | 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 | |
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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 4.2 Lakhs | Rs 4.03 Crores |
| Profit after Tax FY12/13 | Rs 5.87 Lakhs | Rs 2.42 Crores |
| Profit after Tax FY13/14 | Rs 5.23 Lakh | Rs 8.01 Crores |
| Profit after Tax FY 14/15 | Rs 7.93 Lakh | Rs 7.21 Crores |
| Profit after Tax FY 15/16 | Rs 11.19 Lakh | Rs 9.17 Crores |
| Profit after Tax FY 16/17 | Rs 11.74 Lakh | Rs 11.16 Crores |
| Profit after Tax FY 17/18 | Rs 12.16 Lakh | Rs 12.81 Crores |
| Profit after Tax FY 18/19 | Rs 14.39 Lakh | Rs 12.04 Crores |
| Profit after Tax FY 19/20 | Rs 14.50 Lakh | Rs 11.30 Crores |
| Profit after Tax FY 20/21 | Rs 16.00 Lakh | Rs 14.09 Crores |
| Profit after Tax FY 21/22 | Rs 17.02 Lakh | Rs 15.68 Crores |
| Profit after Tax FY 22/23 | Rs 15.37 Lakh | Rs 17.89 Crores |
| Debt FY11/12 | Rs 10.4 Lakhs | Rs 12.46 Lakhs |
| Debt FY12/13 | Rs 17.2 Lakhs | Rs 14,51 Lakhs |
| Debt FY13/14 | Rs 19.78 Lakh | Rs 20.1 Lakhs |
| Debt FY14/15 | Rs 16.80 Lakh | Rs 26.94 Lakh |
| Debt FY15/16 | Rs 20.27 Lakh | Rs 29.05 Lakh |
| Debt FY16/17 | Rs 18.04 Lakh | Rs 23.54 Lakh |
| Debt FY17/18 | Rs 22.55 Lakh | Rs 30.52 Lakh |
| Debt FY18/19 | Rs 22.41 Lakh | Rs 33.77 Lakh |
| Debt FY19/20 | Rs 23.16 Lakh | Rs 27.17 Lakh |
| Debt FY20/21 | Rs 25.14 Lakh | Rs 33.21 Lakh |
| Debt FY21/22 | Rs 26.94 Lakh | Rs 33.36 Lakh |
| Debt FY22/23 | Rs 25.88 Lakh | Rs 30.28 Lakh |
| Profit to Equity(%) FY11/12 | 0.25 | 6.09 |
| Profit to Equity(%) FY12/13 | 1.52 | 6.75 |
| Profit to Equity(%) FY13/14 | 2.39 | 10.72 |
| Profit to Equity(%) FY14/15 | 3.71 | 8.65 |
| Profit to Equity(%) FY15/16 | 3.71 | 12.85 |
| Profit to Equity(%) FY16/17 | 4.61 | 12.87 |
| Profit to Equity(%) FY17/18 | 5.42 | 14.75 |
| Profit to Equity(%) FY18/19 | 6.22 | 12.05 |
| Profit to Equity(%) FY19/20 | 7.38 | 15.18 |
| Profit to Equity(%) FY20/21 | 8.12 | 15.66 |
| Profit to Equity(%) FY21/22 | 9.22 | 17.13 |
| Profit to Equity(%) FY22/23 | 10.22 | 18.68 |
| Balance Sheet Size FY11/12 | Rs 159 Crores | Rs 127.1 Crores |
| Balance Sheet Size FY12/13 | Rs 148 Crores | Rs 172.7 Crores |
| Balance Sheet Size FY13/14 | Rs 170 Crores | Rs 189 Crores |
| Balance Sheet Size FY14/15 | Rs 187.92 Crores | Rs 171.25 Crores |
| Balance Sheet Size FY15/16 | Rs 259.67 Crores | Rs 141.00 Crores |
| Balance Sheet Size FY16/17 | Rs 289.46 Crores | Rs 150.18 Crores |
| Balance Sheet Size FY17/18 | Rs 160.16 Crores | Rs 185.99 Crores |
| Balance Sheet Size FY18/19 | Rs 240.46 Crores | Rs 212.22 Crores |
| Balance Sheet Size FY19/20 | Rs 294.59 Crores | Rs 210.76 Crores |
| Balance Sheet Size FY20/21 | Rs 181.53 Crores | Rs 158.79 Crores |
| Balance Sheet Size FY21/22 | Rs 227.41 Crores | Rs 211.22 Crores |
| Balance Sheet Size FY22/23 | Rs 289.78 Crores | Rs 190.16 Crores |
Way2wealth 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 Way2wealth Securities and SBICAP Securities provide mobile trading apps for better user interface and seamless trading experience.
The account opening charges by brokers Way2wealth and SBICAP Securities for both trading and demat are zero. Charges may vary, kindly read the above comparison.
Both Way2wealth and SBICAP Securities are SEBI-registered brokers with good reputations. Way2wealth is known for its trading platforms, while SBICAP Securities is praised for cost-effective pricing.
Yes, both Way2wealth and SBICAP Securities offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.
