SBI Authenticator vs Indiabulls Securities
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
SBI Authenticator
This app provides a secure and convenient way to authenticate digital banking transactions, reducing reliance on SMS OTPs. It offers multiple authentication methods like prompt-based approvals and QR code scanning for enhanced security.
- Secure authentication
- Reduces SMS OTP dependency
- Prompt-based approvals
- QR code scanning
- App-based OTP
- Supports SBI Yono Lite, RINB, MINB
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The SBI Authenticator is a secure, efficient and user-friendly authentication solution developed by the State Bank of India to enhance the safety and convenience of your digital banking experience. This app is designed to reduce dependency on traditional SMS-based One-Time Passwords (OTPs) and enables more secure and seamless authentication methods for both financial and non-financial transactions across SBI Yono Lite, Yono Net Banking and Merchant Internet Banking (MINB) platforms. As digital banking grows, so does the need for robust, real-time authentication. The SBI Authenticator empowers users with multiple authentication options, including prompt-based approvals, QR code scanning and authentication using app-based OTP, offering a modern, secure and reliable alternative to SMS OTPs. With this Authenticator app, users can set their preferred authentication modes for various SBI channels that they use.
Indiabulls Securities
This app offers a comprehensive platform for active traders and investors in India. It provides access to stocks, futures, options, IPOs, and commodities with advanced charting tools and algo trading capabilities. Open a Demat and trading account quickly and trade across major Indian exchanges.
- Competitive brokerage rates
- Margin Trading Facility (MTF)
- Redesigned Option Chain
- Sectoral Heatmap
- SEBI-compliant algo trading
- Real-time market data
- Advanced charting tools
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Indiabulls Securities is the new generation trading app from Indiabulls Securities, built for India’s active traders and serious investors. With competitive pricing across every segment, advanced charts, a redesigned Option Chain, and SEBI-compliant algo trading, Indiabulls Securities is built to give you a sharper edge in the markets. Open a free Demat & Trading account in minutes and start trading on NSE, BSE & MCX. WHY INDIABULLS SECURITIES * Competitive Brokerage Across All Segments Transparent pricing on Equity Delivery, Intraday, F&O, Currency and Commodity. No fine print, no introductory traps. * Competitive MTF Rate One of the most competitive Margin Trading Facility rates in the country. Trade larger positions on 1,500+ eligible stocks without giving up your edge to interest charges. * Redesigned Option Chain A faster, cleaner Option Chain built for serious F&O traders. Multi-mode views, Greeks, and quick order placement directly from the chain. * Sectoral Heatmap See where the market is moving in real time. Spot sector rotation, identify outliers, and act on trends before the crowd. * IB Algo Fully automated order execution under SEBI’s algo trading framework. Deploy strategies, automate entries and exits, and trade systematically without coding skills. WHAT YOU CAN TRADE • Stocks - All NSE and BSE listed equities • F&O - Trade Futures and Options on Nifty, Bank Nifty, FinNifty, Sensex, and 200+ stock derivatives • MTF - Margin Trading Facility at a competitive rate • IPO - Apply for upcoming IPOs in seconds via UPI • Mutual Funds – Regular mutual fund schemes from leading AMCs • Commodities - Gold, Silver, Crude Oil, Natural Gas and more on MCX PLATFORM HIGHLIGHTS • Real-time market data with low-latency execution • Advanced charts with 100+ indicators • Multiple watchlists across asset classes • Smart order types: Stop Loss, GTT, Cover Order, Bracket Order • Real-time portfolio tracking with P&L analysis • Paperless KYC and account opening in minutes • Secure biometric login with 2-factor authentication • Quick UPI fund transfers, no redirections BUILT BY INDIABULLS SECURITIES Indiabulls Securities is a SEBI-registered stockbroker with a long-standing presence in India’s financial services industry. Indiabulls Securities is the next-generation trading platform from the same team, rebuilt from the ground up for traders who demand speed, control and transparency. CONTACT US Email: helpdesk@indiabulls.com Website: indiabullssecurities.com Details : Member Name: Indiabulls Securities Limited (formerly Dhani Stocks Limited) Stock Broker SEBI Registration Number: INZ000036136 MCX Membership Number: 12835 Registered Exchange's Name: Multi Commodity Exchange of India Ltd. Segment's: Commodity Derivatives NSE Membership Number: 08756 Registered Exchange's Name: National Stock Exchange of India Limited Exchange Approved Segment's: Capital Market, Futures & Options, Currency Derivatives Segment, and Debt segment BSE Membership Number: 907 Registered Exchange's Name: BSE Limited Exchange Approved Segment's: Capital Market, Futures & Options Segment Depository Participant Details: SEBI Registration Number (Depository Services): IN-DP-423-2019 NSDL DP ID: IN302236 CDSL DP ID: 12029900 Registered office address: 1/1E, First Floor, East Patel Nagar, New Delhi - 110008, Tel: 011-41052775, Fax: 011-42137986 Correspondence office address: Plot No. 108, 5th Floor, IT Park, Udyog Vihar, Phase - I, Gurugram - 122016, Haryana. Tel: 022-61446300.
Screenshots
Verdict
The clearest difference is rating: Indiabulls Securities at 5.0 against SBI Authenticator's 1.2. Indiabulls Securities also leads on update cadence (weekly vs every 2 months). SBI Authenticator's advantage is ratings volume (24 vs 1). On price, ads, in-app purchases and monetization model there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Indiabulls Securities holds the better App Store score, 5.0 against 1.2. That said, the two scores are not equally well evidenced: SBI Authenticator has 24 ratings behind it against 1, so its average is the more settled of the two.
SBI Authenticator ships an update every 2 months, Indiabulls Securities weekly. The most recent releases landed on October 24, 2026 and October 28, 2026 respectively.
| Parameter | SBI Authenticator | Indiabulls Securities |
|---|---|---|
| Price | Free | Free |
| Rating | 1.2 (24 ratings) | 5.0 (1 ratings) — better |
| Positive reviews | 21.7% of reviews | — |
| Number of ratings | 24 — better | 1 |
| Update frequency | Every 2 months | Weekly — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone | iPhone, iPad — better |
| Requires iOS | 17.0 | 16.4 — better |
| Further details — not scored | ||
| Size | 72 MB | 129 MB |
| Age rating | 4+ | 17+ |
| Developer | State Bank of India | Indiabulls Securities Limited |
Customer experience
SBI Authenticator
Indiabulls Securities
In-app purchases
SBI Authenticator
No in-app purchases
Indiabulls Securities
No in-app purchases
Questions
Is SBI Authenticator free?
Is Indiabulls Securities free?
Which has better reviews, SBI Authenticator or Indiabulls Securities?
Do SBI Authenticator or Indiabulls Securities have ads?
Which is updated more often, SBI Authenticator or Indiabulls Securities?
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