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SMC Global Vs Angel One NRI Account Comparison

The side-by-side comparison of SMC Global and Angel One NRI Account. Compare SMC Global Vs Angel One NRI Account brokerage charges, exposure margin, demat account and AMC. Read Angel One and SMC Global NRI Account reviews.

Find out SMC Global Vs Angel One which is better NRI Trading Account. See SMC Global Vs Angel One which is best NRI Demat Account.

Our SMC Global Limited comparison with Angel One Limited highlights the major differences between two brokers. Find the best between SMC Global and Angel One NRI Account.

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SMC Global Vs Angel One

  SMC Global Angel One
 
  SMC Global Limited Logo Angel One Limited Logo
About the Broker SMC Global is a diversified financial service provider offering a wide range of financial products and services to resident and non-resident Indians (NRI) investors. NRIs can invest in Equity, Debt, Derivatives and Real Estate Funds with SMC. NRIs ca... Know more about SMC Global Limited Angel One, a leading full-service stock broker in India, offers online trading to both resident and non-resident Indians (NRIs). Angel One offers 2-in-1 accounts to NRIs combining a trading and a demat account linked to each other. NRIs can use the a... Know more about Angel One Limited
Account Type NRI Account Angel iTrade PRIME
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today.

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SMC Global Vs Angel One Charges

  SMC Global Angel One
NRI Account Opening Fees ₹1000 ₹0
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 499 Rs 0 (Free)
NRI Demat Account AMC Rs 300 Rs 240
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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SMC Global Vs Angel One NRI Account Brokerage Comparison

Account Type SMC Global NRI Account Angel One Angel iTrade PRIME
Equity Delivery 0.50%
Equity Futures 0.05%
Equity Options ₹75 per lot
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Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Demat AMC: ₹1180, Min Brokerage: ₹20
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
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SMC Global Vs Angel One NRI Account Taxes/Fees

  SMC Global Angel One
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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SMC Global Vs Angel One NRI Account Margin

  SMC Global Margin Angel One Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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SMC Global and Angel One NRI Account Features

  SMC Global Angel One
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
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SMC Global Vs Angel One NRI Account Review

  SMC Global Review Angel One Review
  33 Customer Reviews    Rate SMC Global 260 Customer Reviews    Rate Angel One
Fees 3.6 3.0
Brokerage 3.5 3.0
Trading Platform 3.7 3.1
Customer Service 3.7 2.6
Overall Rating Rated 3.8 stars Rated 2.7 stars
Broker Rating SMC Global is Rated 3.8 / 5 based on 33 customer reviews Angel One is Rated 2.7 / 5 based on 260 customer reviews
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Contact Broker / Request A Call Back

  SMC Global Enquire Angel One Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today.
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SMC Global Vs Angel One NRI Investment Options

  SMC Global Angel One
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes No
Other Investment Options Debt Funds, Bonds, ETF, Insurance

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SMC Global Vs Angel One NRI Customer Service

  SMC Global Angel One
Customer Care Number +91-11-25754371, 91- 9650988009 022-33551111/022-42185454
Customer Care Email nridesk@smcindiaonline.com support@angelbroking.com
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SMC Global Vs Angel One Order Type Offered for NRI Account

  SMC Global Angel One
Bracket Order Yes
Cover Order Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No

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SMC Global Vs Angel One - NRI Account Advantages and Disadvantages

  SMC Global Angel One
Pros
  • NRIs doesn't require separate Custodial Account to trade in Equity Derivatives as SMC is a registered clearing member who can get CP code for and clear the trades. This offers a huge saving for NRIs.
  • Provides research and recommendation tips based on technical analysis.
  • NRIs can trade and invest through mobile, software and web browser
  • Dedicated relationship manager to assist the NRIs in account opening to investing process.
  • SMC is a full-service broker offering a wide range of products and services.
  1. The flat-fee stock broker offers trading at a low brokerage charge.
  2. Offers access to good trading software and tools.
  3. Offer solid research advisory services.
Cons
  • Offers NRI trading services only to NRIs who have bank accounts with Yes, Axis, HDFC, Indusind, or Federal Bank account holders.
  • It offers 2-in-1 account means NRIs have to open an NRI bank account and PIS with other banks. It also means that they have to transfer funds in their PIS account before trading.
  • Good Till Date/Time (GTD) and Good Till Cancelled (GTC) orders are not available.
  1. Doesn't offer 3-in-1 accounts. Only offer 2-in-1 account combining trading and demat accounts. So, NRIs to first transfer funds from their PIS account to Angel One trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
Conclusion

SMC comes across as a good choice for NRI investors who are looking for a company that offers a wide range of financial products under one roof and investment recommendations. The broker offers a good online trading platform. It also provides wealth management services to NRIs. It has a corporate office in Dubai which makes it easy for NRIs residing in the city to avail various services through branch visits. The brokerage charges of SMC Global are high in comparison to discount stock brokers.

Angel One comes across as a decent choice for NRIs looking to trade in Indian stock markets. The company offers best-in-the-industry research services and trading recommendations to NRIs. It doesn't offer mutual fund investment services to NRIs. However, it charges a low flat-fee brokerage which makes it an attractive stock broker for NRIs.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Angel One Special Offer

Discount Brokerage Plan (Flat Rate Pricing)

Get a full-service trading account with discount broker pricing. Pay Rs 0 brokerage for equity delivery and flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. Open Instant Account and start trading in just a few minutes.

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