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SMC Global Brokerage Charges, Fees, AMC, Transaction Charges 2024

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Incorporated in 1994, SMC Global Limited is a leading financial services company in India offering services across brokerage, investment banking and wealth management. SMC Global has a presense in India as well as internationally through offices in Dubai. They have huge network of 50+ branches and 2,400 registered sub-brokers and authorized p...

SMC Global Account Charges

SMC Global offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with SMC Global. SMC Global fee structure and trading commission rates are explained as below.

To open SMC Global account you have to pay account opening charges and annual maintenance charges (AMC).

SMC Global Account Open Charges | SMC Global AMC 2024

Transaction	Fee
Trading Account Opening Charges (One Time)	Nil
Trading Annual Maintenance Charges AMC (Yearly Fee)	Nil
Demat Account Opening Charges (One Time)	Rs 499
Demat Account Annual Maintenance Charges AMC (Yearly Fee)	Rs 300

SMC Global Brokerage Charges 2024

Customer pays a commission (brokerage) when buying or selling stocks through SMC Global. The brokerage charges for equity, commodities and currency derivative trading for SMC Global are explained as below.

SMC Global

Segment	Brokerage Fee
Monthly Fee (Fixed)
Equity Delivery	0.3%
Equity Intraday	0.03%
Equity Futures	0.03%
Equity Options	Rs 70 per lot
Currency Futures	0.03%
Currency Options	Rs 20 per lot
Commodity Futures	0.03%
Commodity Options	0.03%

SMC Global Demat Account Charges 2024

The Demat account transactions are charged separately from the trading commission. Find SMC Global Demat account charges 2024.

SMC Global Demat Charges

SMC Global trading and demat account opening charges are Nil. SMC Global charges Rs 300 per year demat account AMC. SMC Global demat debit transaction charge of Rs

On Maket Transaction: Rs 15 (POA Clients), Rs 20 (Non POA clients)

Off Market Instruction: 0.03% (subject to Min. Rs 20 & Max. Rs 50 Charges Per instruction)

per debit transaction.

ID	Transaction	Charges
1	Demat Account Opening Charges	Nil
2	Transaction Charges (Buy)
3	Transaction Charges (Sell)	On Maket Transaction: Rs 15 (POA Clients), Rs 20 (Non POA clients) Off Market Instruction: 0.03% (subject to Min. Rs 20 & Max. Rs 50 Charges Per instruction)
4	Annual Maintenance Charges (AMC)	Individual Client General AMC Scheme: Rs 300 P.A. (POA Clients), Rs 350 P.A. (Non POA Clients) Onetime Yearly AMC Scheme: Rs 1000 P.A.(POA Clients), Rs 1300 P.A. (Non POA Clients) No AMC Scheme: Rs 3000 Refundable Deposit Corporate Clients: Rs 1000 P.A.
5	Demat + Courier charges	Rs 5 Per Certificate (Rs 30 for 1st Certificate) Courier Charges Extra (Rs 25 for Local & Rs 40 for outstation courier)
6	Remat	Rs 25 (For one certificate/100 shares) Courier Charges Extra(Rs 25 for Local & Rs 40 for outstation courier)
7	Pledge Creation	Rs 60
8	Pledge Creation Confirmation	Rs 60
9	Pledge Invocation	Rs 30
10	Failed Transactions	Rs 20 per instruction
11	Other Charges	AMC charged yearly in advance. DIS Book Charges: Rs 30 (20 leafs) Client Modification Charges: Rs 25 Security deposit for CDSL 'easiest' facility (optional) is Rs 2,500

SMC Global Transaction Charges (Exchange Turnover Charge)

A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .

SMC Global Transaction Charges 2024

Segment	Transaction Fee
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	0.0030%

SMC Global Trading Taxes

SMC Global charges government taxes and fees in addition to the brokerage. These SMC Global trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the SMC Global tax calculation.

SMC Global Tax on Trading

Tax SMC Global	Rates
Securities Transaction Tax (STT)	Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side
Exchange Transaction Charges	Refer table above
GST	18% on (Brokerage + Transaction Charge + SEBI Fee)
SEBI Charges	0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore)
Stamp Duty	(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)

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