Zerodha Vs SMC Global Demat Account Comparison

Zerodha is a Bangalore based discount stock broker offering flat Rs 20 per trade in Equity Cash, Equity F&O, Currency F&O and Commodities. Zerodha launched its online trading services on 15th Aug 2010 and in first 7 years Zerodha made around 7 lakhs customers.

With innovative trading platform and tools along with the cheapest brokerage, Zerodha is fastest growing financial firm in India offering stock brokerage and depository services.

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.

No. 153/154, Ground Floor,
4th Cross, J P Nagar, 4th Phase,
Bangalore Karnataka India - 560078

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

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

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

₹50 (Stamp charges payable upfront)

Nil.

Individuals/Non Individual (except Corporate) - ₹300 + GST
Non Individual - Corporate - ₹1000

• 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.

₹0

₹150 per certificate (+ ₹100 Courier charges)

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

₹150 per certificate + CDSL charges + ₹100 Courier charges

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

• Market Trades: ₹13.5 + GST
• Off-Market Trades: 0.03% of ₹25 whichever is higher + GST

• 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)

₹30 per request + GST

Rs 60

₹0

Rs 60

₹20

Rs 30

₹50 per ISIN

Rs 20 per instruction

• Cheque Bounce: ₹350
• Physical Statement - ₹50 (+Courier charges at actual)
• Modification in CML - ₹25 per request
• KRA Upload / Download - ₹50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

• 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