SMC Global Vs Choice Broking Demat Account Comparison

The side-by-side comparison of SMC Global and Choice Broking Demat Account. Compare SMC Global Vs Choice Broking Demat account charges, AMC and Fees. Read Choice Broking and SMC Global demat account review.

Find out SMC Global Vs Choice Broking which is better demat account and SMC Global Vs Choice Broking which is best demat account.

Our SMC Global Limited demat account comparison with Choice Equity Broking Private Limited highlights the major differences between two brokers. Find the best demat between SMC Global and Choice Broking.

SMC Global Vs Choice Broking

  SMC Global Choice Broking
SMC Global Limited Logo Choice Equity Broking Private Limited Logo
About the Broker

SMC is a leading financial service provider in India offering services across brokerage, investment banking, wealth management, financing, depository services, insurance broking, clearing services, mortgage advisory and real estate advisory to corporate, institutional, high net worth individuals and other retail clients.

SMC India has customer base of over 16 lakhs customers and 50 branches & 2400+ registered sub brokers and authorized persons spread across 500+ cities.

Choice Equity Broking Private Limited popularly known as Choice Broking, is a full-service broker providing a wide range of services to its customers. Choice Broking is a subsidiary of publicly listed Choice International Ltd. with a pan India presence for Stock and Commodities Broking, Loan syndication, Insurance, Mutual Fund, etc. The company offers free trading and Demat account opening to its customers.

DP ID 12019100 12066900, IN301895
Contact Info

17, Netaji Subhash Marg,
Opp. Golcha Cinema, Daryaganj,
New Delhi, Delhi, India 110002

Chakarawarti Ashok Co Ophsg Cts No156,157,158, J.B.Nagar Off Sahar Road, Andheri (E) Mumbai Maharashtra India-400099

Services Offered

Broking (Equity, Commodity & Currency Derivatives) at BSE, NSE and MCX, Mutual Funds & IPO, NBFC, Online Trading, Wealth Management, Investment Banking, Insurance, Real Estate, Research, Depository Participant CDSL & NSDL

NSE- Cash, FNO and CD segment BSE- Cash and Derivative. MCX-SX- Currency Derv. USE - Currency Derv. Group Company Member - MCX, NCDEX, ICEX

Demat Account Enquiry Contact SMC Global Contact Choice Broking

SMC Global Vs Choice Broking Demat Account Opening Charges

  SMC Global Choice Broking
Demat Account Opening Fee

Nil.

Nil

Demat Account 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.

Choice Broking offers Standard and special plans to individual customers to opt for.

  1. Basic Standard Plan: ₹200
  2. Special Plan:
    1. Lifetime AMC Free Plan (One Time - Non-refundable) :₹1,500
    2. Lifetime AMC Free Plan (One Time - Refundable deposit) :₹,3000

Note:

  1. First year AMC is free.
  2. In case of no scheme chosen at the end of first year, default standard plan will be applied.
  3. In case of Corporates, AMC of ₹1,000 applied from first year.
Advance Deposit

Nil

SMC Global Vs Choice Broking Demat Charges

  SMC Global Choice Broking
Dematerialisation Charges

Rs 5 Per Certificate (Rs 30 for 1st Certificate) Courier Charges Extra (Rs 25 for Local & Rs 40 for outstation courier)

₹25 per certificate

Rematerialisation Charges

Rs 25 (For one certificate/100 shares) Courier Charges Extra(Rs 25 for Local & Rs 40 for outstation courier)

₹25 per 100 Securities or 0.04% whichever is higher

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or 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)

₹10per transaction + GST

Pledge Creation Charges

Rs 60

₹50 or 0.02% whichever is higher + GST

Pledge Creation Confirmation Charges

Rs 60

Pledge Invocation Charges

Rs 30

₹100 or 0.05% whichever is higher + GST

Failed Instruction Charges

Rs 20 per instruction

₹10 per instruction + GST

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

Additional request for every DIS Booklet: ₹100.

Contact DP / Request A Call Back

  SMC Global Choice Broking
Contact Broker
  SMC Global Choice Broking
Find more info about broker
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Choice Broking Vs AxisDirect
Choice Broking Vs Angel Broking
Choice Broking Vs Kotak Securities
Choice Broking Vs Motilal Oswal
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Choice Broking Vs Groww
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Choice Broking Vs SBI Securities
Choice Broking Vs Geojit
Choice Broking Vs Religare
Choice Broking Vs Edelweiss
Choice Broking Vs Reliance Securities
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Choice Broking Vs iTradeOnline
Choice Broking Vs Tradeplus
Choice Broking Vs Tradejini
Choice Broking Vs Alice Blue
Choice Broking Vs Wisdom Capital
Choice Broking Vs Fyers
Choice Broking Vs Finvasia
Choice Broking Vs Prostocks
Choice Broking Vs RMoney
Choice Broking Vs Beeline
Choice Broking Vs Compositedge
Choice Broking Vs Achiievers
Choice Broking Vs Trustline
Choice Broking Vs Yes Securities
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