Hello!
The topic of today's review is Sberbank broker. Is the company as popular in the brokerage segment as in the banking business? I will talk about services, software, commissions and other important components of brokerage services.
What investment instruments can be traded through this financial agent? At what level is the service and customer support in the company? In addition, I will analyze real reviews and express my opinion on how to play on the stock exchange using the Sberbank broker.
About the broker
| Name | Public Joint Stock Company "Sberbank of Russia" |
| Year of foundation | 1991 |
| Regulator and license | Has the following licenses: number 045-02894-100000 (brokerage) Hurry up to take advantage of the doubling of the tax deduction until December 31, 2022. number 045-03004-010000 (dealer) number 045-02768-000100 (depository) |
| Requisites | INN: 7706810730 Gearbox: 772501001 OGRN: 1147746683468 Account: 40701810700020009101 |
| Reliability rating | ACRA: AAA (according to Russian grading) Expert RA: AAA (according to Russian gradation) S&P: ВВВ- (stable) Moody's: Baaa3 (stable) Fitch: BBB- (positive) |
| Trading platforms | Stock, currency and derivatives sections of the Moscow Exchange, St. Petersburg Exchange, foreign exchanges |
| Trading platform | QUIK / Web version of QUIK / iQUIK X (for IOS) / QUIK Android X / Sberbank Investor mobile application |
| Minimum deposit | No limits |
| Authorized capital | RUB 67,760,844,000.00, change in the amount of authorized capital from April 2007 |
| Head office address | 117997, Moscow, Vavilova street, building 19 |
| Official site | https://www.sberbank.ru/ru/person/investments/broker_service |
| Hotline number | (8 |
| Free demo account | No |
| Minimum commission | 0.018% – stock market, subject to a turnover of 50 million rubles. 0.5 RUR/per contract – derivatives market 0.02% – currency section with a turnover of 100 million rubles. |
| Rating | 3 out of 5 |
Brief history of the broker and awards
Broker Sberbank is part of the largest and most reliable bank in Russia. The brokerage firm developed systematically, gradually improving its services and working on software expansion.
In the ranking of the Moscow Exchange in terms of the number of registered users, Sberbank occupies a leading position. At the same time, in terms of the volume of active clients on the Moscow Exchange, it is somewhere in 6th place. As for the trading turnover for client positions, Sber is almost always far from the top lines.
The investment direction of Sberbank CIB often receives prestigious awards.
For example, for 2017–2018. the company received the following titles:
- The most innovative organization according to Banker;
- The best dealer and investment bank in the derivatives market - from MMBA;
- The best investment bank from Global finance.
Terms of service and tariffs
Since July 2022, the company has only two basic tariff plans: “Independent” and “Investment”.
The table shows only part of the information about tariffs. More complete and current data can be viewed by downloading the regulations from the official website of the Sberbank broker: https://www.sberbank.ru/ru/person/investments/broker_service/tarifs
| Account types | "Independent" "Investment" | |
| Broker commission | Independent | Stock market: from 0.018 to 0.060%, depending on the volume of trading operations Currency: from 0.02 to 0.2%, depending on the volume of trading operations Futures and options: 0.5 rubles per contract Analytical support and trading ideas: no |
| Investment | Stock market: 0.3% of trading amounts Currency: 0.2% of the trading amount Futures and options: 0.5 rubles per contract Analytical support and trading ideas: yes | |
| Exchange fees | From 0.00154 to 0.01% | |
| Depository fee | 149 rub. per month | |
| Commission on over-the-counter market transactions | From 0.1% of turnover to 1.5% of transaction amount | |
| Fee for using the terminal | KVIC, KVIC Android X, webKVIC, Sberbank Investor application is provided free of charge | |
| Fee for withdrawal of funds | Withdrawal from a brokerage account to a current account in Sberbank, incl. through Sberbank online - free. | |
| Deposit and withdrawal methods | Internet bank Replenishment through the cash desk in the office Bank transfer Via mobile application Via Kwik terminal Voice order | |
eToro Premium VIP Program
You can also join the exclusive eToro Premium Club for additional trading benefits. To do this, you need your total capital or the sum of all deposits over the last 11 months to be at least $20,000. By joining eToro Premium Club you will receive the following trading conditions:
- 25% bonus when replenishing your account;
- personal account manager;
- accelerated withdrawal of funds;
- Payoneer personal credit card;
- access to daily analytics and webinars;
- exclusive promotions.
Broker Products
In addition to standard brokerage services, Sberbank offers additional investment products and services. Among them, for example, there are interesting structured instruments or services for buying and selling currency at the current market price with free withdrawal within one day to a foreign currency bank account.
Structured Products
Sberbank Broker offers a number of structured products for purchase:
- ETFs (exchange traded funds). Liquid instruments that allow you to make transactions with diversified portfolios of securities, commodities or an index with minimal investment.
- Structured notes (available only to qualified investors). The price of these instruments is tied to the underlying element (asset). This could be oil, an index, a precious metal, a portfolio of securities, etc.
- Mutual investment funds (mutual investment funds). Securities allow you to invest money in a certain pool of investment instruments, such as real estate, a portfolio of stocks or bonds, etc. Such instruments are inferior in liquidity to ETFs, but they provide greater choice and the opportunity to invest in the ideas of a specific management company.
IPO
The Sberbank broker allows you to participate in initial placements of securities, but applications for participation are considered separately and accepted in advance.
More
Sberbank broker actively offers so-called federal loan bonds for the population (OFZ-N). There is no particular point in buying them from a private investor who has access to the exchange. But as an alternative to a deposit, such a product has a right to exist, since it is more liquid and profitable than a bank deposit.
What services does it offer?
As a broker, Sberbank Kib provides the following services:
- execution of operations in global markets;
- demo account;
- margin trading;
- conducting transactions to obtain additional income from short-term placed securities (overnight repo).
The service keeps records of transactions for the sale and purchase of securities and depositary accounts.
Sberbank broker services include financing and placement of securities (bonds, derivatives market instruments, shares), transactions with commodity contracts and currencies.
The service offers structured products and specialized derivative instruments. These services are used for hedging transactions in commodities, currencies and interest rates.
The company provides financial advisory services, liability management, acquisitions and mergers, and mezzanine financing. Sberbank broker services also include restructuring and assistance in obtaining a credit rating. The broker conducts an examination of the placement of depositary receipts and shares on the market.
Working with a broker
Interaction with a broker can be divided into several stages:
- registration and identification of data in the Sberbank broker;
- opening a brokerage account;
- replenishment of funds;
- carrying out transactions in financial markets.
Registration on the official website
First, you should open an account with Sberbank and register in the Sberbank Online system. To do this, you will need standard identification data and their confirmation with documents.
Instructions for opening an account
A brokerage account can be registered in two ways:
- Through Sberbank Online. In this case, the entire procedure for opening an account with a broker will go through the user’s personal account in the application.
- Through an office visit with the investment department. In this case, you must have your passport with you. This method can be used if the potential investor does not have a personal account connected.
Demo account
It is not possible to use the demo version of trading in the broker's Sberbank terminals.
Account replenishment and withdrawal of funds
It is better to replenish and withdraw money through a current account in Sberbank, because... in this case no fees will be charged. If transfers are made through another bank, a fee will be charged in accordance with the terms of service.
You can top up your account through:
- cash desk at a Sberbank branch;
- personal account in Sberbank Online.
You can request a withdrawal of money through:
- "Sberbank Online";
- KVIC trading terminal;
- Sberbank Investor application.
Technical support
To communicate with technical support on issues of interest to the client, Sberbank offers the following communication channels:
- hotline;
- Email;
- request in your personal account.
What is Sberbank Investments: how the system works
Investments in Sberbank are investments of your own funds with the expectation of their further return, or making a profit. Sberbank Investments is a thoughtful service that takes over the management of your investments and helps you assemble the most profitable portfolio for individual investment purposes. The electronic resource is configured taking into account investment management parameters developed by Nobel laureates.
Pros and cons of the company
Among the advantages of the Sberbank broker are the following:
- unconditional reliability;
- own application and classic KVIC;
- fast transactions for transferring funds between accounts.
Disadvantages of the broker:
- meager range of tariffs + monthly depository fee;
- insufficient information content of products;
- lack of additional trading software;
- analytical support only in the premium tariff;
- no demo account;
- lack of a forex dealer license. Accordingly, clients have no access to the Forex market.
eToro Social Trading
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Real reviews
Next, I will show reviews of the Sberbank broker from the point of view of different participants in legal relations. Including:
- active traders;
- clients;
- employees.
Traders
Reviews from traders lead to sad thoughts. Most of the comments concern frequent software glitches and other technical problems that are not resolved in a timely manner - even after contacting technical support.
Clients
Customer reviews also leave an unfavorable impression of the broker's activities. In some way, like with traders, they are associated with technical problems and poor customer focus of employees.
Employees
For the most part, employees of the financial structures of the largest bank speak well of the corporate culture and working conditions in the company.
Alternatives
Reliable Russian brokers
| Name | Rating | pros | Minuses |
| Finam | 8/10 | The most reliable | Commissions |
| Opening | 7/10 | Low commissions | Imposing services |
| BKS | 7/10 | The most technologically advanced | Imposing services |
| Kit-Finance | 6.5/10 | Low commissions | Outdated software and user interface |
Here you can see a list of other Russian brokerage companies that occupy leading positions in our market - an alternative to the Sberbank broker.
Conversion of Russian ruble in Sberbank
According to the foreign currency calculator on the Sberbank website, the Russian ruble can be converted into Czech koruna, Polish zloty, Danish krone, Hong Kong dollar, Belarusian ruble, Canadian dollar, Swiss franc, Chinese yuan, Japanese yen, Kazakh tenge, pound sterling, Norwegian krone, Swedish krona , US dollar, Singapore dollar:
