Comparison – SBI Capital Vs Way2Wealth
SBI Capital | Way2wealth | |
Year of Incorporation | 2001 | 1984 |
Exchanges enabled | NSE & BSE | NSE, BSE, MCX-SX, MCX, & NCDEX |
Demat (NSDL/CDSL) | CDSL | NSDL, CDSL |
Brokerages | ||
Equity | 0.05% for Intraday, 0.5% for Delivery | 0.04% for Intraday, 0.4% for Delivery – Negotiable |
Equity Futures | 0.05% of Turnover | 0.04% of Turnover – Negotiable |
Equity Options | Rs 100/lot | Rs 50/lot – Negotiable |
Currency Futures | 0.03% of Turnover | 0.04% of Turnover – Negotiable |
Currency Options | Rs 30/lot | Rs 50/lot – Negotiable |
Commodity | NA | 0.04% of Turnover – Negotiable |
Account opening charges | ||
Trading and Demat | Rs 850 | NA |
Only Trading | NA | 350 |
Commodity | NA | 100 |
Trading Tools | ||
Platforms | web/ desktop | Mobile/ web/ desktop |
Charting | Upto 5 days on ODIN | 22 days on NEST |
Margins & Leverage Provided | ||
Equity | Upto 5 times for Intraday, Upto 2 times for Delivery@interest | Upto 6 times for Intraday, 0 for Delivery |
Equity Futures | No Intraday Leverage | Upto 2 times for Intraday |
Equity Options | No Intraday Leverage | No Leverage |
Currency Futures | No Intraday Leverage | Upto 2 times Intraday |
Currency Options | No Intraday Leverage | No Leverage |
Commodity | NA | Upto 3 times Intraday |
Serviceable | ||
3 in 1 Account | YES | No |
Instant Fund withdrawal | YES | No |
Instant Fund Transfer | YES | YES |
Relationship Managers | YES | YES |