SMC Global Vs Geojit NRI Account Comparison

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

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

Our SMC Global Limited comparison with Geojit BNP Paribas highlights the major differences between two brokers. Find the best between SMC Global and Geojit NRI Account.

Expand

SMC Global Vs Geojit

  SMC Global Geojit
 
SMC Global Limited Logo Geojit BNP Paribas 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 Geojit BNP Paribas is a leading full-time stockbroker with a strong presence in Southern India and the Middle East. The company offers NRI services to non-resident Indian investors residing in Oman, Kuwait, Bahrain, Saudi Arabia, and the U.A.E only. ... Know more about Geojit BNP Paribas
Account Type NRI Account
Broker Enquiry Open an Online Trading Account with SMC Global. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Geojit. Leave your contact info and we will get in touch with you.
Expand

SMC Global Vs Geojit Charges

  SMC Global Geojit
NRI Account Opening Fees ₹1000
NRI Account AMC ₹0
NRI Demat Account Opening Fees ₹499 NIL
NRI Demat Account AMC ₹300 ₹0
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Expand

SMC Global Vs Geojit NRI Account Brokerage Comparison

Brokerage Plan

  SMC Global Geojit
Account Type NRI Account
Equity Delivery 0.50%
Equity Futures 0.05%
Equity Options ₹75 per lot

Other Charges

Contract Note Reporting Charges 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%
Expand

SMC Global Vs Geojit NRI Account Taxes/Fees

  SMC Global Geojit
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.
Expand

SMC Global Vs Geojit NRI Account Exposure Margin

  SMC Global Geojit
Equity Delivery
Equity Futures
Equity Options
Expand

SMC Global and Geojit NRI Account Feature Comparison

  SMC Global Geojit
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
Expand

SMC Global Vs Geojit NRI Account Review

  SMC Global Geojit
  15 Customer Reviews    Rate SMC Global 98 Customer Reviews    Rate Geojit
Fees 3.9 3.7
Brokerage 3.2 3.3
Trading Platform 3.9 4.1
Customer Service 3.7 3.8
Overall Rating Rated 3.7 stars Rated 3.8 stars
Broker Rating SMC Global is Rated 3.7 / 5 based on 15 customer reviews Geojit is Rated 3.8 / 5 based on 98 customer reviews
*

Contact Broker / Request A Call Back

  SMC Global Geojit
Contact Broker
*

SMC Global Vs Geojit NRI Investment Options

  SMC Global Geojit
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options Debt Funds, Bonds, ETF, Insurance
Expand

SMC Global Vs Geojit NRI Customer Service

  SMC Global Geojit
Customer Care Number +91-11-25754371, 91- 9650988009 +91 0484 3911777
Customer Care Email nridesk@smcindiaonline.com customercare@geojit.com
Expand

SMC Global Vs Geojit Order Type Offered for NRI Account

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

SMC Global Vs Geojit - NRI Account Advantages and Disadvantages

  SMC Global Geojit
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.
  • 30+ years of experience in the capital market in India.
  • Strong physical presence in Gulf countries through tie-ups with other prominent financial services providers in these countries.
  • Dedicated research team offers investment and research tips to NRIs.
  • Equity Derivatives NRI traders do not require separate Custodial account as Geojit is a clearing member and clear the trade by themselves.
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.
  • NRI Account is available only to residents of UAE, Saudi Arabia, Bahrain, Kuwait or Oman.
  • Doesn't offer services to the US, UK, Australia or Canada based NRIs.
  • Doesn't offer a 3-in-1 account. An NRI has to open a bank account with another company.
  • High brokerage charges when compared with discount brokers like Zerodha, Prostocks, etc.
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.

Geojit is a highly recommended broker for NRIs residing in Middle East countries. It has 480+ offices and a dedicated Call Centre to offer quality services to NRIs. The company also offers strong research services to help NRIs make informed trading decisions. Other investment options including Mutual Funds, PMS and IPO make them preferred broker for many NRIs in the Gulf.

Promo / Offers
Expand

SMC Global Vs Geojit - More Reviews

  SMC Global Geojit
NRI Trading Review SMC Global NRI Account Review Geojit NRI Account Review
Enquire SMC Global Enquire Geojit
Compare
SMC Global Vs Zerodha
SMC Global Vs ICICI Direct
SMC Global Vs HDFC Securities
SMC Global Vs Sharekhan
SMC Global Vs AxisDirect
SMC Global Vs Angel Broking
SMC Global Vs Kotak Securities
SMC Global Vs Motilal Oswal
SMC Global Vs Karvy
SMC Global Vs Stoxkart
SMC Global Vs IIFL Securities
SMC Global Vs SBI Securities
SMC Global Vs Religare
SMC Global Vs 5paisa
SMC Global Vs Ventura
SMC Global Vs Anand Rathi
SMC Global Vs Indiabulls
SMC Global Vs Aditya Birla Money
SMC Global Vs TradingBells
SMC Global Vs IDBI Capital
SMC Global Vs Tradeplus
SMC Global Vs Tradejini
SMC Global Vs Alice Blue
SMC Global Vs Wisdom Capital
SMC Global Vs Finvasia
SMC Global Vs Prostocks
SMC Global Vs Beeline
SMC Global Vs Just Trade
SMC Global Vs Compositedge
SMC Global Vs Achiievers
SMC Global Vs Trustline
SMC Global Vs Yes Securities
SMC Global Vs Indira Securities
Geojit Vs Zerodha
Geojit Vs ICICI Direct
Geojit Vs HDFC Securities
Geojit Vs Sharekhan
Geojit Vs AxisDirect
Geojit Vs Angel Broking
Geojit Vs Kotak Securities
Geojit Vs Motilal Oswal
Geojit Vs Karvy
Geojit Vs Stoxkart
Geojit Vs IIFL Securities
Geojit Vs SBI Securities
Geojit Vs Religare
Geojit Vs 5paisa
Geojit Vs Ventura
Geojit Vs Anand Rathi
Geojit Vs Indiabulls
Geojit Vs Aditya Birla Money
Geojit Vs TradingBells
Geojit Vs IDBI Capital
Geojit Vs Tradeplus
Geojit Vs Tradejini
Geojit Vs Alice Blue
Geojit Vs Wisdom Capital
Geojit Vs Finvasia
Geojit Vs Prostocks
Geojit Vs Beeline
Geojit Vs Just Trade
Geojit Vs Compositedge
Geojit Vs Achiievers
Geojit Vs Trustline
Geojit Vs Yes Securities
Geojit Vs Indira Securities







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App