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Side-by-Side Comparison Independent Updated Oct 27, 2026

SBI Securities vs Zerodha 2026: Which Broker is Better?

Compare SBI Securities and Zerodha side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

SBI Securities

Zerodha

Higher ratedSBI Securities logo

SBI Securities

3.3/ 5
Visit SBI Securities →Full review
VS
SBI SecuritiesZerodha
BrokerRank Score3.3/5 ✓3.3/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:31:5 ✓
RegulationFSASEBI
PlatformsProprietary Web, Proprietary Mobile, HyperSBI 2Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
SBI SecuritiesZerodha
Best for Low Fees
SBI SecuritiesZerodha
Best for Regulation
SBI SecuritiesZerodha
Best Overall
SBI SecuritiesZerodha
Quick Answer

SBI Securities is the better choice overall, scoring 3.3/5 vs 3.3/5 on BrokerRank's independent rating. On fees, SBI Securities offers lower spreads (0 pips).

See full side-by-side comparison below

SBI Securities vs Zerodha: Key Differences

Feature

SBI Securities

Winner

Zerodha

Our Rating
3.3 / 5
3.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
None
$0.03/lot
Regulated By
FSA
Platforms
Proprietary Web, Proprietary Mobile, HyperSBI 2
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Crypto, Indices
Stocks, Indices, Commodities
Founded
1944
2010
Headquarters
Tokyo, Japan
Bangalore, India
Score
3 / 3
0 / 3

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Fees Comparison

Fee

SBI Securities

Lower fees

Zerodha

Spread From
0 pips
0 pips
Commission
None
$0.03/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

SBI Securities scores 3.33/5 while Zerodha scores 3.26/5 in our independent rating.

SBI Securities edges ahead overall, but Zerodha may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

SBI Securities

SBI Securities

3.3/5

Top pick

Choose SBI Securities if you want…

  • Higher overall rating (3.3/5)
  • No per-trade commission
  • More market types (4)
  • More established (est. 1944)
Zerodha

Zerodha

3.3/5

Choose Zerodha if you want…

  • Higher leverage (up to 1:5)

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both SBI Securities & Zerodha are available in

Frequently Asked Questions

1

Is SBI Securities better than Zerodha?

SBI Securities scores higher overall on our independent rating system. SBI Securities holds a 3.3/5 rating vs Zerodha's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, SBI Securities or Zerodha?

SBI Securities offers spreads from 0 pips, while Zerodha starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for SBI Securities vs Zerodha?

SBI Securities requires a minimum deposit of $0. Zerodha requires $0.

4

Which broker is safer, SBI Securities or Zerodha?

SBI Securities is regulated by FSA, while Zerodha holds licences from SEBI.

5

What trading platforms do SBI Securities and Zerodha support?

SBI Securities supports Proprietary Web, Proprietary Mobile, HyperSBI 2. Zerodha supports Proprietary Web, Proprietary Mobile.

6

Can I use both SBI Securities and Zerodha?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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