SBICap Securities was founded in the year 2006 as the broking division of the SBI Capital Market Ltd. from where it started its journey. There are all kinds of services that this broking house provides which includes SBI Smart Intraday Trading.

This company is the broking business of SBI Capital Markets Ltd. which is a part of the SBI Bank Group of companies. The faith and belief in SBICAP Securities is thus as high amongst the clients as they are getting the confidence of being under the SBI Group of companies.

Sbicap Securities Offers

SBICap Securities Intraday services include a variety of investment options that you can trade and this enables the traders to diversify their investments and reduce the risk.

SBICAP Securities offer a lot of benefits to the intraday traders which we will discuss in this article along with other details related to the charges of intraday and other services.

The article will give you a complete idea of how to start trading on a daily basis using the SBICAP Securities services and trading products. We will also discuss the exposure level provided by the firm for the intraday traders.


SBI Smart Intraday Trading & Benefits

SBICAP Securities is a part of the SBI Group has already the most important advantages. The faith in the SBI Group is one of the crucial factors that drive clients to this brokerage house apart from other reasons.

Let us discuss all the important advantages that you will get as a client of SBICAP and using their SBICap Securities Intraday Trading services.

Benefits of SBI Intraday Trading

  • The first benefit that you also get into a network which is the largest banking network of the country.
  • Talking about the banking network, the account offered by SBICAP Securities for trading is a three-in-one account that includes the SBI Bank Account along with the trading and Demat account. It helps in making the fund transfer safe and smooth which is necessary for the intraday transactions where multiple orders are generated on the same day and many money transfers occur as well.
  • SBICap Securities Intraday Tips are provided by the Research and advisory department of the firm. The firm has an extensive research wing which analysesthe market on day to day basis and provides the daily tips to the clients for their daily investments and trading.
  • SBICAP Securities is a full-service brokerage house that offers a wide range of as per your requirements. For intraday services, it has a different exposure level as well.
  • Coming to one of the most crucial factors that influence the daily trading, trading platforms. SBICAP Securities offers SBISMART XPRESS which is the trading terminal of the firm and it has some really great features. Also, there is a mobile trading application which is known as the SBISMART.
  • You can find the branches of this firm across all major cities of the country. You can go there for any kind of support you want related to investment. They will assist you and help you in every way possible to make your trading experience better.
  • The compliance of the firm is up to the mark and hardly there are any other firms that portray such due diligence and compliance in their system.

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    How to do Intraday Trading in SBICap Securities?

    To start Intraday Trading in SBICap Securities you have to:

    1. Click on the button which reads, “Open Demat Account” and you will see a form on your screen once you click on it. Fill the form and once you done, submit the form.
    2. In the next step, an executive from the company will follow up with you, who would guide you for the remaining process.
    3. You will have to go through the KYC verification process, and once the verification is over, you will receive the login details of the account and then you log in to the Demat and trading account along with the bank account.
    4. The next step after logging in would be downloading the trading terminal of the firm – SBISMART XPRESS. Once you download the software, add the scrips to the market watch list and prepare the watchlist you need for trading.
    5. Once the market watchlist is prepared, you are ready to place orders clicking on the buy and sell options that are there on the platform beside the scrips of the stocks.
    6. However, before you place orders one of the most important factors that you need to keep in mind is that you need to check and select the option of intraday trading or day trading.
    7. You can use the trading tools, analytical tools that are there on the trading terminal. You can use the charts, indicators, and other resources for researching the stocks you want to invest and trade on a daily basis.

    Know more about other Intraday Trading Brokers


    SBI Intraday Trading Charges

    The SBI Intraday Trading Charges are comparatively on the higher side. While the market averages at around 0.05% of the transaction, The SBICap Securities Intraday Brokerage charges are 0.08% which is quite higher than the market average.

    However, you have to keep in mind the reason for charging a higher fee. You are getting the trust of SBI and that matters a lot in the stock market as well.

    SBICap Securities Intraday Charges
    Intraday Brokerage Charge0.05%
    Intraday Brokerage CalculatorSBICap Securities Brokerage Calculator

    The charges which are mandatory and need to be paid over and above the brokerage charges are STT, SEBI turnover charges, transaction cost, GST and Stamp duty.

    These charges are levied on the turnover amount except the GST charge – which is levied on the total of brokerage and transaction cost of the transaction.


    SBICap Securities Intraday Margin

    SBICap Securities Intraday Margin is on the lower side of the spectrum. The SBICap Securities Intraday Limits are only up to 5 times the amount you keep in the trading account.

    SBICap Securities Intraday Exposure
    Intraday Margin FundingUpto 5x
    Intraday Margin CalculatorSBICap Securities Margin Calculator

    A higher level of exposure helps in the intraday segment a lot as you can take more positions in the market even with a low amount of margin in the trading account.


    Find out Intraday Trading Details of other Stock Brokers


    SBICap Securities Trading – Types

    There are three different SBICap Securities Trading platforms that you can use for trading online.

    For SBICap Securities Online Trading you have to use their browser-based trading platform which offers quite a good number of features that can be used for intraday trading, analysis of the market, and trading on the go.

    You can use the mobile application – SBISMART as well. It is a compact application that offers trading, analysis, portfolio performance and many other features.

    The trading terminal – SBISMAT XPRESS is a super-advanced trading platform that has various charting, and analytical tools for the investors and the traders to use while trading.

    It has a user-friendly interface that makes the trading smooth and most importantly the interface is responsive that helps in quick order placement and implementation of the order as well which is necessary for the intraday market.


    SBICap Securities Intraday Trading – Conclusion

    The SBICap Securities Intraday Trading services are one of the most trusted trading services in the market because of the SBI Tag. It offers services that are required for daily trading and the trading platforms are really great for trading bulk volume of stocks on a daily basis.

    Though the brokerage is a little higher and the exposure limit is low but the faith in SBICap is there because of exceptional products, services and mainly because of the brand value.


    SBI Smart intraday FAQ

    Ques – Is Intraday Trading safe in SBI Smart?

    Answer – SBI Smart has been used as a name showcasing for trust and success since the year 2006, given the company’s rigid formation and finely formed trading service they have been among the top brokers in the country.

    Ques – What is Intraday Exposure at SBI Smart?

    Answer – SBI Smart provides a very small horizon when it comes to the exposure side of the intraday; it is however still fair compared to their broking houses.  At SBI Smart the intraday limits are only up to 5 times the original amount the trader as kept in the account.

    Ques – What are Intraday Charges in SBI Smart?

    Answer – At SBI Smart clients can not only trust the broker with their security and transparency but can also have full faith on the brokerage charges the company follow. Brokerage charges at SBI Smart are around 0.05%, thus sitting perfect with current market scenario when it comes to brokerage. The overall charges of every trade also include other charges or government charges which are charged by SBI Smart but by government.

    Ques – How to do Day Trading in SBI Smart?

    Answer – Like any other broker house the first step at SBI Smart too is to open a demat account. Traders can easily open a traders account with SBI Smart by filling the account form and going through KYC verification.

    Ques – Does SBI Smart provide Day Trading?

    Answer – SBI Smart provides clients with the kind of service they cannot avail anywhere else. At this broker house clients can choose to opt for the three-in-one account that gives clients the luxury to include the SBI account along with trading and demat account, it is more helpful for traders who are originally SBI customers thus leading to much safer and smoother fund transfer.

    Ques – Is Intraday Trading Free in SBI Smart?

    Answer – No, SBI Smart does not provide a free brokerage, the broker house charge a specific amount of charge on intraday called brokerage which when combined with other charges form the overall cost of per transaction.

    Ques – Does SBI Smart have App for Intraday?

    Answer – SBI Smart uses their own trading terminal, SBISMART XPRESS. Once the traders install software they can add scrips to the market watch list and prepare the watch list they need for trading.

    Ques – Is Intraday Profitable at SBI Smart?

    Answer – Thanks to the various trading tools and analytic tools which are embedded in the SBI Smart’s trading terminal, traders at this broking house have been known for cracking profitable trades. While the charts, indicators and other resources have been proven to be extremely beneficial on a daily basis.

    Ques – Does SBI Smart provide Intraday Tips?

    Answer – The research and advisor department at SBI Smart have been finely selected only to provide the most genuine piece of advice to the traders in order to crack the highest profitable trades.

    Ques – What is SBI Smart Intraday mean?

    Answer – Intraday trading with SBI Smart has become easier, as the traders are updated with every set of market information on a daily basis. As, intraday trading involves buy and share of securities on the same day, daily market analytics provided by this broker has been repeatedly proven to be in favor of traders.


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