SBICAP Securities ProZero: Zero Brokerage on Intraday Trades
Why in the news
An SBI group arm brought out a trading plan for cost-conscious retail investors.
| Aspect | Detail |
|---|---|
| Zero brokerage | Intraday equity, futures, options |
| Access | Mobile app and web, with research and live trading tools |
| Other trades | Flat ₹20 per order |
| Audience | Fee-sensitive retail and high-frequency intraday traders |
About SBI Securities
- A full-service stockbroker in the SBI group: equities, derivatives, mutual funds, portfolio management, wealth advisory.
Strategic goal
- Boost participation by cost-conscious investors while keeping the research-led service model.
Exam angle
- Plan: ProZero; parent: SBI.