The side-by-side comparison of SMC Global and Indira Securities NRI Account. Compare SMC Global Vs Indira Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Indira Securities and SMC Global NRI Account reviews.
Find out SMC Global Vs Indira Securities which is better NRI Trading Account. See SMC Global Vs Indira Securities which is best NRI Demat Account.
Our SMC Global Limited comparison with Indira Securities Pvt Ltd highlights the major differences between two brokers. Find the best between SMC Global and Indira Securities NRI Account.
| SMC Global | Indira Securities | |
|---|---|---|
 |  | |
| 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... | Indira Securities does not offer NRI trading and demat account. |
| Account Type | NRI Account | NA |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) 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: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
| SMC Global | Indira Securities | |
|---|---|---|
| NRI Account Opening Fees | ₹1000 | NA |
| NRI Account AMC | ₹0 | NA |
| NRI Demat Account Opening Fees | Rs 499 | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 300 | Rs 450 (Free for 1st year) |
| PIS Account AMC | NA | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Account Type | SMC Global NRI Account | Indira Securities NA |
|---|---|---|
| Equity Delivery | 0.50% | NA |
| Equity Futures | 0.05% | NA |
| Equity Options | ₹75 per lot | NA |
| Contract Note Reporting Charges | NA | NA |
| Other Brokerage Charges | Demat AMC: ₹1180, Min Brokerage: ₹20 | NA |
| 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% |
| SMC Global | Indira Securities | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| 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. |
| SMC Global Margin | Indira Securities 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. | ||
| SMC Global | Indira Securities | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips |  | |
| Other Features | ||
| SMC Global Review | Indira Securities Review | |
|---|---|---|
36 Customer Reviews  | 4 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  | |
| Customer Service | |  |
| Overall Rating | | |
| Broker Rating | SMC Global is Rated 3.8 / 5 based on 36 customer reviews | Indira Securities is Rated 4.0 / 5 based on 4 customer reviews |
| SMC Global Enquire | SMC Global 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. | FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
| SMC Global | Indira Securities | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | Debt Funds, Bonds, ETF, Insurance |
| SMC Global | Indira Securities | |
|---|---|---|
| Customer Care Number | +91-11-25754371, 91- 9650988009 | 9300046581 |
| Customer Care Email | nridesk@smcindiaonline.com | NRIDesk@indiratrade.com |
| SMC Global | Indira Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| SMC Global | Indira Securities | |
|---|---|---|
| Pros |
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| Cons |
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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. | |
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Indira SecuritiesSpecial OfferFree Equity Delivery TradingGet FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. |
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