Archive · 23 Jul 2025
SBI Securities Launches Zero Brokerage Plan for Intraday Trading
Imagine you want to buy and sell stocks really quickly, like in the same day.
SBI Securities has a new plan called ProZero, which means you don't have to pay any fees for buying and selling stocks or options within the same day.
This is a good deal for people who trade stocks often.
But if you trade in other ways, like holding stocks for a longer time, you'll still pay a small fee.
The company hopes this will attract more people to trade with them because it's cheaper.
It's like a special offer to make trading easier and less expensive for quick traders.
SBI Securities launched ProZero, a zero-brokerage plan for intraday trading.
The plan eliminates brokerage fees for intraday equity and derivative trades.
Other trading activities will continue under the existing flat fee structure.
The plan is available on mobile app and web platforms with no hidden fees.
The initiative targets retail traders seeking cost-effective trading solutions.
- Who
- SBI Securities, a subsidiary of State Bank of India.
- What
- SBI Securities launched ProZero, a zero-brokerage plan for intraday trading.
- When
- Published on July 23, 2025.
- Where
- India's brokerage market.
- Why
- To attract retail traders and offer cost-effective solutions.
- Company
- SBI Securities
- Plan Name
- ProZero
- Brokerage Fee
- Zero for intraday equity and derivative trades
- Other Fees
- ₹20 per order for other trading activities
- Platforms
- Mobile app and web platforms
- Parent Company
- State Bank of India