Mirae Asset Sharekhan Limited vs SBI Securities
A full side-by-side comparison of brokerage charges, demat AMC, margin, platforms, features and user ratings — updated for 2026.
Mirae Asset Sharekhan Limited
VS
SBI Securities
Mirae Asset Sharekhan Limited vs SBI Securities — quick verdict
Choose Mirae Asset Sharekhan Limited if
You want research and offline support
Get the power of experience on your side.
Choose SBI Securities if
You want research and offline support
Investing Made Easy.
Company overview
Mirae Asset Sharekhan Limited is a full-service broker incorporated in 2000; SBI Securities is a full-service broker incorporated in 2006.
| Parameter | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| Type of broker | Full-Service Broker | Full-Service Broker |
| Exchange membership | NSE · BSE · MCX · NCDEX | NSE · BSE · MCX |
| Year of incorporation | 2000 older | 2006 |
| Number of branches | 900+ | 1,000+ SBI Investor Service Centres & Ba wider |
| Active clients | 32 Lakh+ larger | ~13.7 lakh |
Charges & AMC
Account-opening and maintenance charges for Mirae Asset Sharekhan Limited and SBI Securities compared side by side.
| Parameter | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| Trading a/c opening | ₹0 (Online) | ₹0 (Free) |
| Trading a/c AMC | ₹0 | ₹0 (Free) |
| Demat a/c opening | ₹0 | ₹0 (Free) |
| Demat a/c AMC | ₹0 (1st Year), then ₹400 + GST per year | ₹0 (Free for the first year), thereafter as per applicable tariff plan lower |
| DP charges (per ISIN, sell) | ₹25 per debit transaction + GST | ₹15.34 per debit transaction lower |
Brokerage charges
How Mirae Asset Sharekhan Limited and SBI Securities price each trading segment, per executed order.
| Parameter | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| Equity Delivery | 0.30% | 0.50% |
| Equity Intraday | 0.02% | 0.05% |
| Equity Futures | 0.02% | 0.05% |
| Equity Options | ₹20 per executed order | ₹50 per executed order |
| Currency F&O | 0.02% | 0.05% |
| Commodity F&O | 0.02% | 0.05% |
| Call & Trade | ₹0 | ₹50 per executed order |
Transaction charges (exchange turnover)
Exchange turnover and clearing charges passed through by Mirae Asset Sharekhan Limited and SBI Securities, per segment.
| Parameter | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| Equity Delivery | NSE: 0.00297% • BSE: 0.00375% | NSE ₹297 per Cr (0.00297%) | BSE ₹297 per Cr (0.00297%) |
| Equity Intraday | NSE: 0.00297% • BSE: 0.00375% | NSE ₹297 per Cr (0.00297%) | BSE ₹297 per Cr (0.00297%) |
| Equity Futures | NSE: 0.00173% | NSE ₹173 per Cr (0.00173%) | BSE ₹173 per Cr (0.00173%) |
| Equity Options | NSE: 0.03503% (on premium) | NSE ₹3,503 per Cr (0.03503%) | BSE ₹3,250 per Cr (0.0325%) |
| Currency Futures | NSE: 0.00035% | NSE ₹35 per Cr (0.00035%) | BSE ₹35 per Cr (0.00035%) |
| Currency Options | NSE: 0.03110% (on premium) | NSE ₹3,100 per Cr (0.0311%) | BSE ₹1,000 per Cr (0.01%) |
| Commodity Futures | MCX: 0.00210% | MCX ₹260 per Cr (0.00260%) |
| Commodity Options | MCX: 0.04180% (on premium) | MCX ₹5,000 per Cr (0.05%) |
Demat & DP charges
Depository (demat) charges for Mirae Asset Sharekhan Limited and SBI Securities — AMC, debit transactions, pledging and remat.
| Parameter | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| Demat Account Opening | ₹0 | ₹0 (Free) |
| Annual Maintenance Charges (AMC) | ₹0 (1st Year), then ₹400 + GST per year | ₹0 (First Year), thereafter as per tariff |
| Debit Transaction Charges | ₹25 per debit transaction + GST | — |
| Pledge / Unpledge Charges | ₹30 + GST per request | — |
| Dematerialisation (Demat) | ₹50 per certificate + GST | — |
| Rematerialisation (Remat) | ₹50 per certificate + GST | — |
| Failed Transactions | Nil | Nil |
| Transaction Charges (Sell) | — | ₹15.34 per debit transaction |
| Pledge Creation / Invocation | — | ₹25 + GST per request |
| Remat | — | ₹25 per certificate + applicable charges |
Margin & leverage (MTF)
Intraday and delivery margin / leverage offered by Mirae Asset Sharekhan Limited and SBI Securities.
| Parameter | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| Equity Delivery | Up to 100% of trade value (1x) | 100% of trade value (1x) |
| Equity Intraday | As per SEBI peak margin rules (Up to 5x (eligible stocks)) | As per SEBI peak margin norms (Up to 5x) |
| Equity Futures | SPAN + Exposure Margin (1x) | SPAN + Exposure Margin (1x) |
| Equity Options | Premium + SPAN (for option writing) (As per exchange norms) | — |
| Currency Derivatives | SPAN + Exposure Margin (As per exchange norms) | — |
| Commodity Derivatives | SPAN + Exposure Margin (As per exchange norms) | — |
Features & account
Account type and feature availability across Mirae Asset Sharekhan Limited and SBI Securities.
| Parameter | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| 3-in-1 account | ✕ No | ✓ Yes better |
| Automated / API trading | ✓ Yes better | ✕ No |
| Margin Trading (MTF) | ✓ Yes | ✓ Yes |
| Trading in SME shares | ✓ Yes | ✓ Yes |
| Trading platforms | Sharekhan App, Sharekhan Web Trading Platform, TradeTiger | SBI Smart, SBI Securities Mobile App, SBI Smart Xpress |
| Intraday square-off | 3:15 PM | 3:15 PM |
| Other | Advanced research reports, Margin Trading Facility (MTF), Portfolio Health Check, Investment Ideas, IPO investment, Mutual Funds, Algo/API Trading, Smart Investor tools, Relationship Manager support, Educational webinars, TradeTiger desktop terminal, Comprehensive wealth management solutions. | 3-in-1 account, MTF, research reports, IPO investment, mutual funds, ETFs and fixed-income products. |
Trading platforms & apps
Trading terminals, web platforms and mobile apps offered by Mirae Asset Sharekhan Limited and SBI Securities.
| Parameter | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| Trading platforms offered | Sharekhan App, Sharekhan Web Trading Platform, TradeTiger | SBI Smart, SBI Securities Mobile App, SBI Smart Xpress |
| Number of platforms | 3 | 3 |
| Platforms (summary) | Sharekhan App, Sharekhan Web Trading Platform, TradeTiger | SBI Smart, SBI Securities Mobile App, SBI Smart Xpress |
| Mobile / desktop apps | Mobile, Web, Desktop | Web, Mobile, Desktop |
User ratings
User ratings for Mirae Asset Sharekhan Limited and SBI Securities across the key parameters.
| Rated on | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| Fees | 4.2 | 4.2 |
| Brokerage | 4.1 | 4.2 better |
| Trading platform | 4.7 better | 4.3 |
| Customer service | 4.5 better | 4.4 |
| Research | 4.9 better | 4.5 |
| Overall | 4.5 better | 4.3 |
Investment options
Which investment products Mirae Asset Sharekhan Limited and SBI Securities let you access.
| Parameter | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| Stocks / Equity | ✓ Yes | ✓ Yes |
| Commodity | ✓ Yes | ✓ Yes |
| IPO | ✓ Yes | ✓ Yes |
| Mutual Funds | ✓ Yes | ✓ Yes |
| Bonds / NCD | ✓ Yes | ✓ Yes |
Order types offered
Advanced order types supported by Mirae Asset Sharekhan Limited and SBI Securities.
| Parameter | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| Bracket Order | ✕ No | ✕ No |
| Cover Order | ✕ No | ✕ No |
| BTST | ✓ Yes | ✓ Yes |
| After Market (AMO) | ✓ Yes | ✓ Yes |
| GTC / GTT | ✓ Yes better | ✕ No |
Safety & credibility
SEBI registration, financial strength and complaint record for Mirae Asset Sharekhan Limited and SBI Securities.
| Parameter | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| SEBI registration | INZ000174330 | INZ000200032 |
| NSE member code | 10313 | 13018 |
| Year of incorporation | 2000 longer track record | 2006 |
| Net worth | ₹8,615+ Cr* stronger | ₹1,000+ Cr |
| Exchange memberships | NSE · BSE · MCX · NCDEX | NSE · BSE · MCX |
| Latest complaint ratio | 0.033% fewer complaints | 0.088% |
Complaints record
Exchange complaint data for Mirae Asset Sharekhan Limited and SBI Securities — the ratio matters more than the raw count.
| Parameter | Mirae Asset Sharekhan Limited | SBI Securities |
|---|---|---|
| Latest financial year | 2025–26 | 2025-26 |
| Exchange | NSE | NSE |
| Active clients | 31,20,000+ larger base | 13,69,945 |
| Complaints filed | 1,020 | 1,208 |
| Complaint ratio | 0.033% fewer complaints | 0.088% |
Pros & cons
The main advantages and drawbacks of each broker.
Mirae Asset Sharekhan Limited
▲ Pros
- ✓ Backed by the globally recognized Mirae Asset Financial Group.
- ✓ Comprehensive research reports and investment recommendations.
- ✓ Supports investment in stocks, derivatives, commodities, currencies, mutual funds, IPOs, bonds, and ETFs.
- ✓ Advanced trading platforms for web, desktop, and mobile users.
- ✓ Large nationwide network of branches and relationship managers.
- ✓ Margin Trading Facility (MTF) available for eligible stocks.
- ✓ Strong educational resources, webinars, and investor learning programs.
- ✓ Reliable customer support through branches, phone, email, and chat.
- ✓ Suitable for both beginners and long-term investors.
- ✓ Offers integrated wealth management and portfolio advisory services.
▼ Cons
- ✕ Brokerage charges are higher than most discount brokers.
- ✕ Annual Maintenance Charges (AMC) apply for Demat accounts.
- ✕ Account opening process may take longer than fully digital discount brokers.
- ✕ Premium research and advisory services may involve additional charges.
- ✕ Advanced trading tools are more beneficial for experienced traders than casual investors.
- ✕ Intraday brokerage can be comparatively expensive for high-frequency traders.
- ✕ Fewer free investment tools compared to some newer fintech brokers.
- ✕ Some premium features are available only under higher-value plans or subscriptions.
SBI Securities
▲ Pros
- ✓ Integrated 3-in-1 account with SBI Bank.
- ✓ Trusted SBI Group full-service broker.
- ✓ Comprehensive equity research and investment recommendations.
- ✓ Trade in Stocks, F&O, IPOs, Mutual Funds, ETFs and Bonds.
- ✓ Advanced web and mobile trading platforms.
- ✓ Margin Trading Facility (MTF) available.
- ✓ Wide branch network and customer support.
▼ Cons
- ✕ Brokerage charges are higher than discount brokers.
- ✕ Demat AMC may apply after the promotional period.
- ✕ Call & Trade service is chargeable.
- ✕ Advanced trading tools are limited compared to some competitors.
- ✕ Certain services and brokerage plans have eligibility conditions.
Explore more comparisons
Compare Mirae Asset Sharekhan Limited with
Mirae Asset Sharekhan Limited vs Zerodha Mirae Asset Sharekhan Limited vs Angel One Mirae Asset Sharekhan Limited vs Upstox Mirae Asset Sharekhan Limited vs Groww Mirae Asset Sharekhan Limited vs ICICIdirect Mirae Asset Sharekhan Limited vs Kotak Neo Mirae Asset Sharekhan Limited vs HDFC Securities Mirae Asset Sharekhan Limited vs Motilal Oswal Financial Services Limited (MOFSL) Mirae Asset Sharekhan Limited vs Paytm Money LimitedCompare SBI Securities with
SBI Securities vs Zerodha SBI Securities vs Angel One SBI Securities vs Upstox SBI Securities vs Groww SBI Securities vs ICICIdirect SBI Securities vs Kotak Neo SBI Securities vs HDFC Securities SBI Securities vs Motilal Oswal Financial Services Limited (MOFSL) SBI Securities vs Paytm Money LimitedDisclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.